TEC:CA is the top Canadian ETF for broad-based, liquid U.S. tech and AI exposure, tracking the Solactive Global Technology Leaders Index. TEC:CA offers strong liquidity, low fees (0.39% expense ratio), and effective benchmark tracking, outperforming less liquid Canadian tech ETFs. Entering Q2 earnings, robust ad spend, resilient consumer demand, and flexible big tech CapEx position TEC:CA for continued strength despite macro/geopolitical risks.
During the fourth quarter, the Harbor Transformative Technologies ETF returned 1.88% (NAV), underperforming its benchmark, the Nasdaq 100 Total Return Index, which returned 2.47%. Harbor Transformative Technologies ETF holdings in Information Technology and Communication Services underperformed, while holdings in the Consumer Discretionary sector and the electronic equipment industry added value. Taiwan Semiconductor shares rose on record profitability as AI demand continues to exceed expectations.
TD Global Technology Leaders Index ETF is the top broad-based, low-fee Canadian tech ETF for U.S. tech and AI exposure. TEC:CA offers strong liquidity, a reasonable 0.39% expense ratio, and closely tracks its benchmark with leading holdings in NVDA, MSFT, and AAPL. TEC:CA outperforms peers like FHQ:CA and XQQ:CA, benefiting from its unhedged structure and global large-cap tech focus.