Global X S&P 500 CAD Hedged Index Corporate Class ETF
By tracking the S&P 500® Index, HSH provides exposure to 500 large publicly-traded companies across various industries--approximately 80% of the available U.S. market capitalization--hedged to the Canadian dollar.
By hedging out all U.S. dollar currency exposure, HSH aims to mitigate the impact of currency fluctuations between the U.S. dollar and the Canadian dollar, providing Canadian investors with a more stable and predictable investment return.
Part of the Global X Total Return Index family of ETFs, HSH's usage of a total return swap contract to replicate index performance typically increases tax efficiency. Further, HSH is not expected to make taxable distributions, making it potentially advantageous for taxable accounts.
NAV
$64.18
$0.1142
0.18%
Volume Real-time volume on the Toronto Stock Exchange only
1,198
Price
$64.21
$0.14
0.22%
Last Close
$64.07
Prices delayed by 15 minutes.
Last Trade: May 10, 2024Risk Rating: Risk Rating is based on how much the ETF's returns have changed from year to year. It doesn't tell you how volatile the ETF will be in the future. The rating can change overtime. An ETF with a low risk rating can still lose money.
Medium
Ticker
HSH
CUSIP
37963P101
Inception Date
September 19, 2016
Net Assets The value of all assets, less the value of all liabilities, at a particular point in time. (Includes all classes of this ETF)
$275,094,050
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
3,293
Average Daily Trading Volume Over a 12 Month Period The ETF’s aggregate average daily trading volume over a 12 month period traded on all Canadian exchanges
8,034
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Benchmark
Bloomberg Index Ticker
S5CADHTR
Management Fee
0.10% (Does not include a swap fee of approximately 30 bps, plus applicable sales tax)
Management Expense Ratio Management expense ratio (“MER”) is based on total expenses, including sales tax, (excluding commissions and other portfolio transaction costs) for the stated period for each ETF and is expressed as an annualized percentage of each ETF’s daily average net asset value during the period. Out of its management fees, the Manager pays for such services to the ETF as investment manager compensation, service fees and marketing.
0.11% As at December 31, 2023
Trading Expense Ratio The trading expense ratio (“TER”) represents total commissions and other portfolio transaction costs incurred by each ETF expressed as an annualized percentage of each ETF’s daily average net asset value during the period.
0.30% As at December 31, 2023
Swap Fee
No more than 0.30%
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI The LEI is the Legal Entity Identifier, which is an identification code under international standards for the accurate identification of legal entities like the ETF.
549300TZIB8CU6MJK384
As at May 10, 2024
NAV / Unit
$64.18
Closing Price
$63.03
Premium Discount
$-1.15
Premium Discount Percentage
-1.82%
Outstanding Shares
4,286,510
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
|
dates |
1 mo | 3 mo | 6 mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR* |
|---|---|---|---|---|---|---|---|---|---|
| Global X S&P 500 CAD Hedged Index Corporate Class ETF | -4.18 | 3.99 | 20.27 | 5.64 | 21.24 | 6.82 | 11.87 | - | 12.64 |
| S&P 500® CAD Hedged Index (Total Return) | -4.18 | 4.15 | 20.28 | 5.88 | 21.24 | 7.08 | 11.87 | - | 12.66 |
*Fund performance since inception on September 19, 2016, as at April 30, 2024
|
dates |
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Global X S&P 500 CAD Hedged Index Corporate Class ETF | - | 20.86 | -5.59 | 30.07 | 16.64 | 27.82 | -19.30 | 24.79 |
| S&P 500® CAD Hedged Index (Total Return) | - | 21.16 | -5.70 | 29.87 | 15.79 | 28.29 | -19.10 | 24.74 |
As at March 28, 2024
Category
Weight
Semiconductors
9.28%
Systems Software
8.23%
Interactive Media & Services
6.17%
Technology Hardware, Storage & Peripherals
6.01%
Pharmaceuticals
3.87%
Broadline Retail
3.82%
Diversified Banks
3.06%
Transaction & Payment Processing Services
2.54%
Application Software
2.47%
Health Care Equipment
2.46%
Holdings are subject to change. The complete list will soon be available.
As at March 31, 2024
Security Name
Weight
Microsoft Corp
7.09%
Apple Inc
5.65%
NVIDIA Corp
5.06%
Amazon.com Inc
3.74%
Alphabet Inc Cl A
3.72%
Meta Platforms Inc Cl A
2.42%
Berkshire Hathaway Inc Cl A
1.74%
Eli Lilly and Co
1.41%
Broadcom Inc
1.32%
JPMorgan Chase & Co
1.31%
Holdings are subject to change.