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  5. HXS: What's up with the HXS ETF today (Jan 21)? [Global X S&P 500 Index Corporate Class ETF]

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Q: What's up with the HXS ETF today (Jan 21)? The Canadian dollar is down 0.1%, the S&P is up 0.65%, yet, instead of being 0.75% up, the HXS is down 1.2% at the moment and below yesterday's NAV. The volume is below average, so it doesn't look like any big sellers dumping shares. What can explain almost 2% difference between the expected and observed behaviour of this ETF?
Asked by Malik on January 21, 2025
5i Research Answer:
HXS rose 0.83% yesterday while the US market was closed. With today's decline it is essentially...
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