Horizons S&P 500 (HXS-T)
TSE:HXS
83.49
1.05
(1.27%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 4 opinions in the last 12 months.
Horizons S&P 500 (HXS-T) is regarded as an excellent investment choice for Canadian investors seeking exposure to the US market from a tax efficiency perspective. The ETF is highlighted for its total return tracking capabilities and suggests it is particularly advantageous in taxable accounts, making it a compelling option despite its slightly higher costs compared to competitors. Experts laud its lack of annual distributions, which adds to its tax efficiency. However, opinions are mixed regarding its bullish outlook, with a noted reduction in positions implying a more cautious stance than earlier in the year. Overall, the ETF has been recognized as a reliable vehicle for investors wishing to capitalize on S&P 500 performance while managing tax implications effectively.
Great option for S&P 500 exposure. If taxable account, even better. If not taxable - get VFV.
Excellent way to get exposure to S&P 500. No annual distribution (tax efficient).
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.
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.
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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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.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Converts dividends into capital gains such that no distributions are paid out. Based off the S&P500 index so has good diversification exposure to large cap US companies. $3.2B in assets. Fees are a bit higher than a standard ETF, but taxes are deferred and shift to capital gains taxes over dividend income. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. An ETF that holds derivatives and total return swaps instead of stocks directly. Most of the portfolio is cash which mitigates counterparty risk. It has met its goals. Unlock Premium - Try 5i Free
Horizons S&P 500(HXS-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
Horizons S&P 500(HXS-T) Frequently Asked Questions
What is Horizons S&P 500 stock symbol?
Horizons S&P 500 is a Canadian stock, trading under the symbol HXS-T on the Toronto Stock Exchange (HXS-CT). It is usually referred to as TSX:HXS or HXS-T
Is Horizons S&P 500 a buy or a sell?
In the last year, 4 stock analysts published opinions about HXS-T. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Horizons S&P 500.
Is Horizons S&P 500 a good investment or a top pick?
Horizons S&P 500 was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons S&P 500.
Why is Horizons S&P 500 stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Horizons S&P 500 worth watching?
4 stock analysts on Stockchase covered Horizons S&P 500 In the last year. It is a trending stock that is worth watching.
What is Horizons S&P 500 stock price?
On 2025-03-19, Horizons S&P 500 (HXS-T) stock closed at a price of $83.49.
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.