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State Street Technology Select Sector SPDR ETF
XLK (State Street Technology Select Sector SPDR ETF) is an active Commodities ETF by State. With a 0.08% MER, it provides diversified exposure through 66 holdings. Quarterly distribution with a 0.57% yield.
XLK is actively managed by State's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.08% MER makes it one of the most cost-effective options in its category.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).