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  5. HXS: As a follow up to my question on January 8 regarding ETFs you suggested ZSP to represent S&P 500 Would HXS be a better alternative since there will be no withholding tax in the TFSA as per asked by... [Global X S&P 500 Index Corporate Class ETF]
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Q: As a follow up to my question on January 8 regarding ETFs you suggested ZSP to represent S&P 500
Would HXS be a better alternative since there will be no withholding tax in the TFSA as per asked by Danny boy on January 10?
Asked by Indra on January 13, 2025
5i Research Answer:

HXS can incur some additional fees from its 'swap' derivatives, but yes, for investors looking to specifically shift a tax burden to capital gains it can make very good sense.