The Globe and Mail reports in its Saturday, June 14, edition that the iShares Core MSCI Canadian Quality Dividend Index ETF provides a relatively low management expense ratio, along with a decent level of diversification. The Globe's John Heinzl writes that this ETF has a MER of 0.11 per cent. It offers a yield of 4.1 per cent. Its five-year annual return stands at 17.5 per cent. If you can get past the relatively small number of holdings, this ETF checks a lot of boxes. The low MER is hard to beat, the five-year return is impressive and the ETF's 27-per-cent exposure to energy will appeal to investors who are bullish on companies such as Suncor Energy and Tourmaline Oil, both of which are included in the portfolio. Banks, insurers and utilities also figure prominently, but the presence of BCE is a bit of a head-scratcher, as it recently cut its dividend by more than half. Fortunately, it accounts for less than 1 per cent of the portfolio.