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                Global X S&P 500 Index Corporate Class ETF (HXS $99.19)
    
        
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                iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP $70.31)
    
        
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                Vanguard S&P 500 Index ETF (CAD-hedged) (VSP $109.19)
    
        
 
            Q: Peter, I hold these S&P hedged ETF's in different portfolios.  The total fees for HXS are about twice that of XSP and VSP probably due to the swaps.  When I look at the performance of these ETF's, XSP and VSP are almost identical, but HXS sometimes lags and sometimes outperforms the other two.  I am not sure why that is, can you comment.  Due to the higher fees on HXS, does it makes sense to own this ETF in a registered account?