Larry Berman CFA, CMT, CTA Horizons S&P 500 HXS-T BUY Jun 03, 2024

He and his team are not tax experts, and the answer is very individual-specific. Consult your tax advisor.

XSP or ZSP are good starting points. One is hedged, one is not. HXS is another option, though it doesn't pay distributions, just accumulates as capital.

We would suggest HXS, which is an S&P 500 'total return' ETF and thus does not pay distributions. They instead accumulate via derivatives in the ETF. Thus, only capital gains taxes apply (when sold). 
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Believes markets will rise in 2023 - good product to get exposure. Owns shares in own portfolio. Sees more momentum in US stocks than in Canada with Magnificent 7 tech stocks. Good option for long term investors.  

Tax efficient option for S&P 500 (no distributions), total returns in capital gains. No tax bill. 

General position that is good for investors who are bullish on the market. Has recently began reducing position. Not as bullish as was at the start of the year. 

Excellent way to get exposure to S&P 500. No annual distribution (tax efficient). 

A global ETF that's the best for Canadians from a tax point of view. Slightly higher cost than others. It tracks a total return in the US market, and is tax-efficient in taxable Canadian accounts.

For a high total return ETF without dividend (therefore you pay no taxes).