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Global X S&P 500 Index Corporate Class ETF (HXS $92.00)
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Global X S&P 500 Index Corporate Class ETF (HXS.U $66.56)
Q: I'm hoping you can help me understand something.
On yahoo finance if I pull up a 6 month chat of HXS.TO and compare it to the S&P 500 index, HXS is underperforming by a significant amount (up 28% vs. 38%). However if I add HXS.U.TO (the US dollar version of HXS) it tracks the index much closer. Do you know why these two etfs track the index so differently?
In my RSP I buy HXS.TO weekly and journal the shares over to the US side a couple times throughout the year to buy US listed ETFs. When I journal the HXS shares over do my gains magically increase?
Thanks for your help!
On yahoo finance if I pull up a 6 month chat of HXS.TO and compare it to the S&P 500 index, HXS is underperforming by a significant amount (up 28% vs. 38%). However if I add HXS.U.TO (the US dollar version of HXS) it tracks the index much closer. Do you know why these two etfs track the index so differently?
In my RSP I buy HXS.TO weekly and journal the shares over to the US side a couple times throughout the year to buy US listed ETFs. When I journal the HXS shares over do my gains magically increase?
Thanks for your help!