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iShares S&P 500 Index ETF (CAD Hedged) - XSP

ETF Overview

The fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P 500 Hedged to Canadian Dollars Index, net of expenses.

The index is a market capitalization-weighted index of securities of 500 of the largest U.S. public issuers provided by S&P, hedged to Canadian dollars.

The investment strategy of XSP is to invest primarily in shares of a U.S. iShares Fund that seeks investment results that correspond generally to the applicable index and to hedge any resulting U.S. dollar currency exposure back to Canadian dollars.

Invests primarily in the U.S.-domiciled:

Additional Index Information

The S&P 500 Index is a leading barometer for the U.S. equity market. It consists of 500 of the largest (measured by market capitalization) and most liquid (heavily traded) stocks listed in the U.S.

The S&P 500 Hedged to Canadian Dollars Index is the S&P 500 Index with US dollar currency exposure removed, so that the returns of the S&P 500 stocks will not be impacted by changes in US/Canadian dollar exchanges rates.

Key ETF Data

Fundamentals
Category (main) USA Equity - Large & Mid-Cap
Underlying Index S&P 500 CAD Hedged
ETF Structure Passive type. Endeavours to return the Index return before fees/costs
Asset Class Equity - Large & Mid-Cap
Region USA
Issuer iShares Canada by Blackrock
ETF Home Page Available here
Fund Facts
Inception Date 24 May 2001
Total Holdings 1 (501) *
Distribution Frequency Semi-Annual
Leverage None
Significant Currency Exposure Yes
Currency Hedging Yes

* Holds the US-based iShares Core S&P 500 ETF

Fees
Management Fee 0.10%
Management Expense Ratio (MER) 0.11%
Trading Information
Ticker XSP
Exchange TSX (Toronto Stock Exchange)
Currency CAD
Eligibility
Eligibility * RRSP, RRIF, RESP, TFSA, DPSP, RDSP
DRIP available ** Yes
PACC Plan available ** No
SWP available ** No

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar

ETF Analysis

Canada ETFs's analysis of this ETF will be available soon.

iShares US: iShares Core S&P 500 ETF

iShares US includes a wealth of data on the iShares Core S&P 500 ETF, including:

ETF