Wealth Awesome Rating: 82/100
This equity ETF has an MER of 0.17%. With lower than average fees, it’s a cost-effective option. Managing 287 million in assets, it’s less popular among investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
HXS trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The Horizons SP 500 Index (HXS) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
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What is the Horizons SP 500 Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.17%. This ETF trades on the TSX exchange.HXS stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $287MM
Expense Ratio: 0.17%
Price: $70.65 (Updated: 3/7/2024)
Horizons SP 500 Index (HXS) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 47.36904 |
| Big | 34.47087 |
| Medium | 17.84146 |
| Small | 0.31844 |
| Micro | 0 |
Horizons SP 500 Index (HXS) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 2.0678 | 2.30891 |
| Consumer Cyclicals | 10.45743 | 11.05899 |
| Financial Services | 12.67386 | 13.19634 |
| Real Estate | 2.37584 | 1.85655 |
| Communication Services | 8.85304 | 8.564 |
| Energy | 3.80615 | 3.51122 |
| Industrials | 8.13735 | 9.29279 |
| Technology | 30.48312 | 29.30908 |
| Consumer Defensive | 6.1012 | 5.70742 |
| Healthcare | 12.81184 | 13.25845 |
| Utilities | 2.23218 | 1.93624 |
Horizons SP 500 Index (HXS) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 99.439 | 98.591 |
| United Kingdom | 0.09602 | 0.32161 |
| Europe Developed | 0.424 | 0.753 |
| Europe Emerging | 0 | 0 |
| Africa/Middle East | 0 | 0.03 |
| Japan | 0 | 0.071 |
| Australasia | 0 | 0 |
| Asia Developed | 0.041 | 0.046 |
| Asia Emerging | 0 | 0.084 |
| Latin America | 0 | 0.103 |
HXS Management Expense Ratio
HXS has a management expense ratio of 0.17% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.HXS Comparisons
- Horizons SP 500 Index (HXS) vs SP 500 Index (VFV)
- HXS is better performing (10.05% YTD vs 10.03%). VFV is less expensive (0.08% vs 0.17% MER).
- SP 500 Index is better performing (7.27% YTD vs 10.05%). VSP is less expensive (0.13% vs 0.17% MER).
- iShares Core SP 500 Index is better performing (9.36% YTD vs 10.05%). XUS is less expensive (0.11% vs 0.17% MER).
- BMO SP 500 Hedged to CAD Index is better performing (8.24% YTD vs 10.05%). ZUE is less expensive (0.13% vs 0.17% MER).
S&P500 ETF Comparisons
| ETF | Inception | MER | AUM | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| HXS | 2010-11-30 | 0.17%% | $287.0 | 28.17% | 13.92% | 14.89% | 14.44% |
| VFV | 2012-11-02 | 0.08%% | $604.0 | 28.26% | 13.97% | 14.93% | 14.51% |
| VSP | 2012-11-02 | 0.13%% | $129.0 | 26.27% | 10.34% | 13.18% | 11.25% |
| XUS | 2013-04-10 | 0.11%% | $478.0 | 26.75% | 13.78% | 14.65% | 14.52% |
| ZUE | 2009-05-29 | 0.13%% | $684.0 | 29.47% | 10.60% | 13.57% | 11.28% |
How to Buy Horizons SP 500 Index TSX ETF
You can buy HXS on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
Horizons SP 500 Index ETF started 2024 in a spectacular way, going from 60 dollars to 70.38 In three months, about 20% performance in a very short period of time, if this continues many people will become rich.