Wall Street Builds S&P 500 'No Dividend' Fund in New Tax Dodge

What You Need To Know

• Roundhill Investments' planned ETF could appeal to high earners seeking to limit taxable income in brokerage accounts.
• The fund, which will charge a 0.0849% fee at the start, will invest in other S&P 500 ETFs, such as Vanguard’s VOO.
• XDIV joins a growing wave of tax-optimized offerings.