S&P 500 Index ETF Canada Fund Information and Analysis

The S&P 500 Index ETF Canada fund is a popular investment option for Canadians. The fund tracks the performance of the S&P 500 Index, which consists of the 500 largest publicly traded companies in the US.

The S&P 500 Index ETF Canada fund is designed for long-term investors who want to gain exposure to the US stock market. It's a low-cost and efficient way to invest in a diversified portfolio of US stocks.

The fund has a low expense ratio of 0.05%, which is lower than many other ETFs on the market. This means that investors can keep more of their returns and pay less in fees.

The S&P 500 Index ETF Canada fund is a great option for Canadians who want to add US stocks to their portfolio. It's also a good choice for those who want to diversify their investments and reduce risk.

The S&P 500 Index ETF in Canada offers a low-cost way to track the performance of the S&P 500 index, which is composed of the 500 largest publicly traded companies in the US.

With an expense ratio of around 0.2%, investors can save on fees compared to actively managed funds. This is a significant advantage, especially for long-term investors.

The S&P 500 index has historically provided strong returns over the long-term, with an average annual return of around 10%. This is due in part to the index's diversification benefits, which help to reduce risk.

Investors can choose from a range of S&P 500 Index ETFs in Canada, each with its own unique features and characteristics. Some popular options include the Vanguard S&P 500 ETF and the iShares Core S&P 500 ETF.

By investing in an S&P 500 Index ETF, investors can gain exposure to a broad range of US companies, including tech giants like Apple and Google. This can help to spread risk and increase potential returns.

The Global X S&P 500 Index Corporate Class ETF has been around since November 30, 2010, and its annualized performance is 16.57% since inception.

The ETF's annualized performance over the past 1, 3, 5, and 10 years is 35.04%, 13.21%, 16.39%, and 15.05%, respectively.

The ETF's 1-year return is 35.04%, which is the same as its YTD return.

Here's a breakdown of the ETF's calendar year performance over the past 8 years: 2017 (13.58%), 2018 (3.41%), 2019 (24.56%), 2020 (15.58%), 2021 (27.37%), 2022 (-12.70%), 2023 (23.08%), and 2024 (35.04%).

The ETF's highest returns over the past 1, 3, and 5 years are 35.04%, 24.56%, and 23.08%, respectively, while its lowest returns are -12.70%, 3.41%, and 15.58%, respectively.

Here are the ETF's highest and lowest returns over the past 1, 3, and 5 years:

The S&P 500 Index ETF in Canada is managed by Global X Investments Canada Inc.

The ETF has a CUSIP of 37964P100 and a net asset value of $4,732,116,665 as of January 3, 2025.

It trades on the Toronto Stock Exchange and is eligible for all registered and non-registered investment accounts.

The average daily trading volume over a 12-month period is 184,576, and the consolidated prior day volume is 99,359.

The management fee is 0.10% plus applicable sales tax, and the management expense ratio is 0.11% as of June 30, 2024.

The trading expense ratio is 0.29% as of June 30, 2024, and the swap fee is no more than 0.30%.

The ETF holds a portfolio of stocks including Meta Platforms Inc Cl A, Berkshire Hathaway Inc Cl B, Broadcom Inc, and JPMorgan Chase & Co.

Currency flexibility is a crucial aspect of investing in ETFs. Investors can access the Global X S&P 500 Index Corporate Class ETF in Canadian dollars through the CAD-denominated version (HXS).

This allows you to manage currency risk and make informed investment decisions. The CAD-denominated version provides a convenient option for Canadian investors.

You can also access the ETF in U.S. dollars through the U.S.-dollar-denominated version (HXS.U), which is a great option for investors with U.S. dollar accounts.

This flexibility is particularly useful for investors with international exposure, as it allows them to navigate currency fluctuations.

The Global X S&P 500 Index ETF has a CUSIP of 37964P100. This unique identifier helps track the fund's performance and ownership.

Its net assets as of January 3, 2025, stand at $4,732,116,665, giving you an idea of the fund's overall value.

The ETF's consolidated prior day volume on January 3, 2025, was 99,359 trades. This shows the level of trading activity in the fund.

You can trade the Global X S&P 500 Index ETF on the Toronto Stock Exchange.

The fund is managed by Global X Investments Canada Inc., a reputable investment manager.

The ETF is eligible for all registered and non-registered investment accounts, making it a versatile investment option.

The fund tracks the S&P 500 Index, a widely followed benchmark for US stocks.

The Bloomberg Index Ticker for the S&P 500 Index is a useful reference for traders and investors.

The management fee for the ETF is 0.10% per annum, which is relatively low compared to other investment options.

The management expense ratio (MER) as of June 30, 2024, was 0.11%, indicating the fund's expenses as a percentage of its net asset value.

The trading expense ratio (TER) for the ETF was 0.29% as of June 30, 2024, reflecting the costs associated with buying and selling stocks.

The ETF is listed in Canadian dollars (CAD) and does not involve any currency hedging.

The Legal Entity Identifier (LEI) for the ETF is 5493002V1ZGRP2SB0E49, a unique code for identification purposes.

As of December 31, 2024, the ETF's top holdings included Meta Platforms Inc Cl A, Berkshire Hathaway Inc Cl B, Broadcom Inc, and JPMorgan Chase & Co.

The S&P 500 Index ETF in Canada provides broad exposure to leading U.S. companies, tracking the S&P 500 Index.

This exposure includes 500 large publicly traded companies across various industries, covering approximately 80% of the available U.S. market capitalization.

One of these companies is Amazon.com Inc, a well-known e-commerce giant.

If you're looking for a total return exposure to the large-cap U.S. equity market, this ETF might be a good fit.

The investor should be able to handle the ups and downs of the stock market, as this ETF is not designed for those seeking regular distributions.

The total return exposure means that the ETF aims to provide both capital appreciation and income, making it suitable for investors who can hold onto their shares for the long term.

Standard & Poor's is a well-established company that provides financial data and indices, such as the S&P 500 Index.

The S&P 500 Index tracks the performance of 500 large publicly traded companies, which cover approximately 80% of the available U.S. market capitalization.

Standard & Poor's has licensed its trademarked names, such as "S&P 500", to Global X Investments Canada Inc. for use in their ETFs.

The Global X ETFs are not sponsored, endorsed, sold, or promoted by Standard & Poor's, and the company makes no representation or warranty regarding the advisability of buying, selling, or holding units/shares in these ETFs.

Standard & Poor's is a registered trademark of Standard & Poor's Financial Services LLC.

The MSCI ESG Quality Score is a crucial metric for investors, calculated using the weighted average of the ESG scores of fund holdings.

This score ranges from 0 to 10 and considers ESG rating trends of holdings and fund exposure to laggard categories.

The MSCI ESG Quality Score takes into account how well a fund's holdings manage industry-specific ESG risks relative to their peers.

For example, the score considers the ability of holdings to manage risks such as environmental degradation, social inequality, and governance issues.

MSCI rates underlying holdings based on their exposure to industry-specific ESG risks and their ability to manage those risks.

The MSCI ESG Rating methodology is detailed in footnote 1, providing a comprehensive framework for evaluating ESG performance.