Hi frens! Just wanted to share this new ETF I came across from Roundhill Investments (ticker: XDIV) which is an S&P500 ETF that doesn’t pay dividends to avoid the 30% US dividend witholding tax:
Bloomberg also made a piece on it:
https://www.bloomberg.com/news/articles/2025-07-07/wall-street-engineers-a-dividend-dodging-etf-xdiv-to-avoid-tax-bills?embedded-checkout=true
It achieves this by holding an iShares S&P500 ETF and sells it just before the dividend payment date, and buying it back after the dividend is paid. Hence they never received a dividend, so they don’t have to pay a dividend tax.
Best of all is that the expense ratio is still really low at 0.08% and it’s available on Moomoo!