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iShares Core S&P 500 Index ETF (CAD-Hedged)
XSP (iShares Core S&P 500 Index ETF (CAD-Hedged)) is an index US Equity ETF by iShares. With a 0.08% MER, it provides diversified exposure. Semi-annual distribution with a 0.41% yield.
XSP by iShares is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.08% 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 can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.