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First Trust NASDAQ-100 Ex-Technology Sector Index Fund
QQXT (First Trust NASDAQ-100 Ex-Technology Sector Index Fund) is an index Commodities ETF by First. With a 0.60% MER, it provides diversified exposure through 10 holdings. Quarterly distribution with a 1.23% yield.
QQXT by First is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.60% 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).