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Global X U.S. 500 ETF
GXLC (Global X U.S. 500 ETF) is an index Global Equity ETF by Global X. With a 0.02% MER, it provides diversified exposure through 28 holdings.
GXLC by Global X is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.02% MER makes it one of the most cost-effective options in its category. It does not pay a significant distribution — returns are reinvested for capital growth.
It is a popular choice as a core holding in long-term portfolios, whether in a TFSA, RRSP, or FHSA.