What do you think about the ETF TEC from TD?

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As title suggested, what do you think about the ETF TEC from TD? performance seems to be good, what is the difference between this ETF and NASDAQ ETF like QQQ?

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Asked on November 19, 2024 11:10 am
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So first off, QQQ will be a NASDAQ-100 ETF. So it will contain the top 100 companies on the NASDAQ Index by size.

You do not need to be a tech company to be listed on the NASDAQ. This is why you'll see companies like Costco, Pepsi etc on the NASDAQ despite being consumer based companies. Most are tech on the NASDAQ, but not all.

Another thing about QQQ is that it will contain US based companies. TEC, on the other hand, is global companies.

For TEC.TO, this is a pure global technology play, so you won't get a lot of the consumer type stocks.

I do like TEC, it's pretty easy exposure for Canadians looking at global technology plays. Keep in mind, it is a "global" fund, but 90% of the fund is still allocated to the United States, primarily because that is where the majority of high-quality tech companies are from.

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Posted by Dan Kent
Answered on November 19, 2024 1:24 pm
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Thank you so much Dan
(chenbowen184@icloud.com at November 19, 2024 1:25 pm)