TEC: Another Banner Year Appears Intact; Buy Heading Into 2027

Nikola Lapenna 256 Followers Follow Summary TEC:CA is the top Canadian ETF for broad-based, liquid U.S. tech and AI exposure, closely tracking its benchmark with low fees. TEC:CA's unhedged structure benefits from USD appreciation and offers superior liquidity versus Canadian peers, making it a core holding for tech allocation. Despite recent volatility and AI CapEx concerns, resilient ad spend, strong consumer data, and big tech's CapEx flexibility support a bullish stance into Q4. With a 0.39% expense ratio, high beta, and concentration in mega-cap tech, TEC:CA offers above-market growth potential but remains sensitive to macro and sector-specific risks. photobyphm/iStock Editorial via Getty Images TEC:CA Overview The TD Global Technology Leaders Index ETF ( TEC:CA ) is a passively managed ETF with a NAV of ~$5.5Bn CAD that invests in globally listed technology and AI stocks. While there are some other This article was written by Nikola Lapenna 256 Followers Follow With over three years of finance and consulting experience, Nikola is laser focused on finding value in North American public equities and ETF's. His professional experience includes corporate credit risk analysis, consulting for government entities, and venture capital analysis in the med-tech space. More recently, Nikola has helped investors narrow down better options for ETF's - every asset manager seems to have similar offerings these days. Nikola is not a licensed financial advisor and nothing in his commentary here on Seeking Alpha should be regarded as advice. All of his opinions are his own, and not on behalf of any other entities. Analyst’s Disclosure: I/we have a beneficial long position in the shares of TEC:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.