Not really it is not in the Betashares contract either. If the futures suddenly jump up +1% it does follow it a little but the futures often have no correlation to the closing price of the S&P so largely BBUS should ignore it.
Just yet another rip off and cheat in this stock market game where the winners are the big guys purely as they can manipulate the result. Buy and hold blue chips wins again as they can manipulate as much as they like in the medium term, over 5 to ten years generally you win or break even at worst.
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