First Trust Canada plans to add nine fundamentally weighted U.S. sector ETFs to its lineup.

First Trust expects to list the ETFs on the Toronto Stock. Initially the funds will offer hedged units and will hedge U.S. dollar currency exposure back to the Canadian dollar.

Read: U.S. investors favour equity ETFs

The ETFs will have a management fee of up to 0.70% and represent the following American sectors:

ETF Name Index Symbol
First Trust AlphaDEX U.S. Consumer Discretionary Sector Index ETF StrataQuant Consumer Discretionary Index FHD
First Trust AlphaDEX U.S. Consumer Staples

Sector Index ETF

 StrataQuant Consumer Staples Index FHC
First Trust AlphaDEX U.S. Energy Sector Index ETF StrataQuant Energy Index FHE
First Trust AlphaDEX U.S. Financials Sector Index ETF StrataQuant Financials Index FHF
First Trust AlphaDEX U.S. Health Care Sector Index ETF StrataQuant Health Care Index FHH
First Trust AlphaDEX U.S. Industrials Sector Index ETF StrataQuant Industrials Index FHG
First Trust AlphaDEX U.S. Materials Sector Index ETF StrataQuant Materials Index FHM
First Trust AlphaDEX U.S. Technology Sector Index ETF StrataQuant Technology Index FHQ
First Trust AlphaDEX U.S. Utilities Sector Index ETF StrataQuant Utilities Index FHU

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