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  5. HXS: Why don't you have a sector breakdown in portfolio tracking and analysis for HXS. [Global X S&P 500 Index Corporate Class ETF]
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Q: Why don't you have a sector breakdown in portfolio tracking and analysis for HXS. It is important to me, I hope you can fix this. I really appreciate all of you at 5i Research and often tell others about you.
Asked by William on October 16, 2024
5i Research Answer:

We don't want to pass the buck...but....our data comes from a third party, and it gets it directly from the company. Unfortunately, 99% of HXS's assets are listed as derivatives. It gets its exposure through equity swaps. Its financial statements are here. It does list the S&P 500 sector allocation, but legally it owns swaps and not the stocks themselves. Using VFV as a proxy in analytics could solve this problem, but our data provider only links to what is actually owned by the ETF.