Description

By tracking the S&P 500 Index, HXS provides exposure to 500 large publicly traded companies across various industries, covering approximately 80% of the available U.S. market capitalization. Investors have the option to access Global X S&P 500 Index Corporate Class ETF in Canadian dollars through the CAD-denominated version (HXS) or U.S. dollars through the U.S.-dollar-denominated version (HXS.U), providing currency flexibility. This ETF is suitable for an investor looking for total return exposure to the large-cap U.S. equity market, who can handle the ups and downs of the stock market, but is not looking for regular distributions. HXS seeks to replicate, to the extent possible, the performance of the S&P 500 Index (Total Return), net of expenses. The S&P 500 Index (Total Return) is designed to measure the performance of the large-cap market segment of the U.S. equity market