This summary was created by AI, based on 2 opinions in the last 12 months.
TD Global Technology Leaders Index ETF (TEC-T) is a passive investment option that provides global exposure to some of the top technology companies. The fund holds a diverse portfolio that includes significant names in the tech sector, renowned for its correlation with the NASDAQ as a whole. Experts noted that it offers market-weighted exposure to prominent technology players, particularly the so-called 'Magnificent 7', which continue to show potential for growth. The presence of a CAD-hedged version adds an additional layer of advantage for Canadian investors. Overall, the sentiment surrounding large-cap tech names remains positive, with many experts reinforcing the view that this ETF successfully allows investors to tap into this promising market segment.
It's passive, global and holds the top tech companies. There is a CAD-hedged version.
TEC is similar to the NASDAQ as a whole. Market-weighted exposure to some of the biggest technology names like the Magnificent 7. His view on the Big 7 is still positive, still upside in all of them. As long as nothing changes on the underlying thesis, he'd still focus on some of those large-cap tech names. This fund lets you do that.
XQQ is another name to look at.
"Global", but 86% US. Large cap means the usual, dominant tech suspects as top holdings. Has run a long way, could be a correction short term. Be careful on position size. "Explore", not "core". Accumulate a little, see how it goes, get out if it turns against you.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock covers global tech with a 0.35% MER. The fee remains competitive for the space. Good for global tech exposure. Unlock Premium - Try 5i Free
It's similar to the Nasdaq. Peers are HXQ-T (lower MER) or (in the U.S.) XLK or QQQ. TEC holds FAANG plus MSFT, Mastercard and Visa, companies trading at price-to-sales between 7-18x. So, TEC relies on a lot of growth to pay you future returns. Think like Gretzky: Where's the puck going to be? What will be future performance of these holdings?
FOUR-T vs. TEC-T. He does not thing the level of assets is particularly challenging because of the implicit liquidity and the size of the markets for these. This is a significantly different approach. The tech world will favour the mega-caps. So TEC-T will probably outperform in the short term. FOUR-T is about the modernization of work. This is advanced robotics, cyber security, 3D printing and the cloud. He thinks in the longer term there should be some excess return that accrues to the things a little bit more targeted, but they will be very similar.
TD Global Technology Leaders Index ETF is a Canadian stock, trading under the symbol TEC-T on the Toronto Stock Exchange (TEC-CT). It is usually referred to as TSX:TEC or TEC-T
In the last year, 3 stock analysts published opinions about TEC-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for TD Global Technology Leaders Index ETF.
TD Global Technology Leaders Index ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for TD Global Technology Leaders Index ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered TD Global Technology Leaders Index ETF In the last year. It is a trending stock that is worth watching.
On 2025-03-11, TD Global Technology Leaders Index ETF (TEC-T) stock closed at a price of $41.58.
It has drawn down 10 to 12% so this may be an opportunity. It's better to buy smaller bites and not attempt to just buy at the bottom. This is a good strategy for the long term.