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Victoryshares Westend U.S. Sector ETF
MODL (Victoryshares Westend U.S. Sector ETF) is an index Commodities ETF by Victoryshares. With a 0.46% MER, it provides diversified exposure through 321 holdings. Monthly distribution with a 0.69% yield.
MODL by Victoryshares is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.46% MER, its fees are in line with category averages.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).