Key stats
About Global X Enhanced S&P 500 Index ETF Trust Unit A
Home page
Inception date
May 21, 2024
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
ISIN
CA3799361074
The fund offers enhanced exposure to the large-cap segment of the US equity market. Through the use of cash borrowing, the fund aims to provide 1.25x leveraged exposure to the S&P 500, an index of committee-selected US large-cap companies that covers approximately 80% of the US investable universe. The index constituents are market-cap-weighted and rebalanced on a quarterly basis. As a geared product with daily resets, the fund is designed as a short-term tactical instrument and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF125.57%
Cash−25.57%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
USSL assets under management is 9.26 M CAD. It's risen 2.46% over the last month.
USSL fund flows account for 4.78 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, USSL doesn't pay dividends to its holders.
USSL shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on May 21, 2024, and its management style is Passive.
USSL expense ratio is 0.00% meaning you'd have to pay 0.00% of your investment to help manage the fund.
USSL follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
USSL invests in funds.
USSL price has risen by 2.53% over the last month, and its yearly performance shows a 24.25% increase. See more dynamics on USSL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.90% over the last month, showed a 14.34% increase in three-month performance and has increased by 9.34% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.90% over the last month, showed a 14.34% increase in three-month performance and has increased by 9.34% in a year.
USSL trades at a premium (0.58%) meaning the ETF is trading at a higher price than the calculated NAV.