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iShares S&P/TSX Energy Transition Materials Index ETF
XETM (iShares S&P/TSX Energy Transition Materials Index ETF) is an index Energy Equity ETF by iShares. With a 0.55% MER, it provides diversified exposure. Semi-annual distribution with a 0.58% yield.
XETM by iShares is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.55% MER, its fees are in line with category averages.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.