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Ordinarily, this fund dedicates a minimum of 80% of its total assets—including any capital borrowed for investment—to equities issued by businesses classified as transformative technology companies. These enterprises, operating across diverse economic sectors, are identified by the Subadvisor as having significant growth potential stemming from pioneering technological developments. It is structured as a non-diversified fund.
Is TEC's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
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 first quarter, the Harbor Transformative Technologies ETF returned -8.80% (NAV), underperforming its benchmark, the Nasdaq-100 Total Return Index, which returned -5.82%. Keysight Technologies advanced amid record orders, margin expansion, and accelerating demand tied to AI data center and semiconductor testing. The ETF initiated a position in Palantir Technologies, a leading provider of AI and data platforms that help organizations integrate information and operationalize decisions.
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.
TEC:CA offers broad-based, low-fee, and highly liquid exposure to global technology stocks, making it the top tech ETF choice in Canada. The fund closely tracks its benchmark, outperforms peers, and maintains significant weights in U.S. tech giants like NVDA, MSFT, and AAPL. With a Sharpe ratio of 1.3 and a reasonable 0.39% expense ratio, TEC:CA delivers strong risk-adjusted returns and efficient tech sector exposure.