The Panic-Proof Portfolio (Stockchase Research)Global X USD Cash Maximizer Corp. Class ETFHSUV.U.TOTOP PICKJan 22, 2026
Stockchase Research Editor: Michael O’Reilly
We reiterate this US dollar denominated ETF that holds deposits in Canadian chartered high interest savings accounts. As a corporate class ETF it does not make distributions, making it highly tax efficient and a good defensive holding in non-registered accounts. Its gross yield is over 3.2%. Yield 0%
HSUV.U is a low-MER (0.2%) ETF that holds high interest savings accounts in US dollars with Canadian chartered banks. The current gross yield is 4.1%. It is highly tax efficient as it does not pay interest or make distributions -- you claim a capital gain when you sell it. A safe harbour until markets stabilize.
There are times to be aggressive at adding capital into markets and there are times to be patient. With markets priced at near perfection for valuations, HSUV.A is a low MER USD based high interest savings ETF to hold cash in the interim. It is tax advantaged in that it will not distribute interest, but will retain the earnings. Yield 0%
We reiterate this US dollar denominated ETF that holds deposits in Canadian chartered high interest savings accounts. As a corporate class ETF it does not make distributions, making it highly tax efficient and a good defensive holding in non-registered accounts. Its gross yield is over 3.2%. Yield 0%