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iShares Global Healthcare Index ETF (CAD-Hedged)
XHC (iShares Global Healthcare Index ETF (CAD-Hedged)) is an index Healthcare Equity ETF by iShares. With a 0.65% MER, it provides diversified exposure. Semi-annual distribution with a 1.98% yield.
XHC 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 0.65% 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.