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  5. HXS: Looking for a recommendation for an S&P 500 ETF for an unregistered account that minimizes tax consequences while maximizing returns. [Global X S&P 500 Index Corporate Class ETF]
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Q: Looking for a recommendation for an S&P 500 ETF for an unregistered account that minimizes tax consequences while maximizing returns. Thank you.
Asked by Maureen on December 13, 2023
5i Research Answer:

We would suggest HXS, which is an S&P 500 'total return' ETF and thus does not pay distributions. They instead accumulate via derivatives in the ETF. Thus, only capital gains taxes apply (when sold). 

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