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Franklin U.S. Core Dividend Tilt Index ETF
UDIV (Franklin U.S. Core Dividend Tilt Index ETF) is an index US Dividend Equity ETF by Franklin. With a 0.06% MER, it provides diversified exposure through 254 holdings. Quarterly distribution with a 1.49% yield.
UDIV by Franklin is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.06% MER makes it one of the most cost-effective options in its category.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.