Key stats
About GLOBAL X S&P 500 INDEX ETF UNITS CLASS A CAD
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Inception date
May 15, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund captures the US equity large-cap space by tracking a well-known index, the S&P 500, which covers approximately 80% of available market capitalization. The fund defines large-cap stocks as the S&P Committee sees it, which means it includes a fairly large allocation to firms that may be considered mid-cap stocks. Stocks are market-cap-weighted, with a consideration on sector balance by comparing the weight of each GICS (Global Industry Classification Standard) sector in the underlying index to its weight in the relevant market capitalization range of the S&P Total Market Index (parent index). The index is rebalanced on a quarterly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stocks99.96%
Technology Services21.04%
Electronic Technology21.04%
Finance15.30%
Retail Trade7.97%
Health Technology7.71%
Consumer Non-Durables4.01%
Producer Manufacturing3.33%
Consumer Services3.04%
Utilities2.54%
Consumer Durables2.42%
Energy Minerals2.37%
Transportation2.04%
Process Industries1.52%
Health Services1.47%
Commercial Services1.04%
Communications0.99%
Industrial Services0.93%
Distribution Services0.69%
Non-Energy Minerals0.46%
Miscellaneous0.05%
Bonds, Cash & Other0.04%
Cash0.04%
Stock breakdown by region
North America97.43%
Europe2.57%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
USSX invests in stocks. The fund's major sectors are Technology Services, with 21.04% stocks, and Electronic Technology, with 21.04% of the basket. The assets are mostly located in the North America region.
USSX top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 6.80% and 6.56% of the portfolio correspondingly.
USSX last dividends amounted to 0.11 CAD. The quarter before, the issuer paid 0.09 CAD in dividends, which shows a 17.82% increase.
USSX assets under management is 660.15 M CAD. It's risen 18.45% over the last month.
USSX fund flows account for 480.30 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, USSX pays dividends to its holders with the dividend yield of 0.87%. The last dividend (Apr 7, 2025) amounted to 0.11 CAD. The dividends are paid quarterly.
USSX shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on May 15, 2024, and its management style is Passive.
USSX expense ratio is 0.00% meaning you'd have to pay 0.00% of your investment to help manage the fund.
USSX follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
USSX invests in stocks.
USSX price has risen by 6.31% over the last month, and its yearly performance shows a 8.78% increase. See more dynamics on USSX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 13.16% over the last month, showed a −5.19% decrease in three-month performance and has decreased by −1.86% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 13.16% over the last month, showed a −5.19% decrease in three-month performance and has decreased by −1.86% in a year.
USSX trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.