Buy XDIV by Jan 21, 2046.

I have some money in a taxable account that I want to invest and not think about for twenty years. My understanding is that XDIV holds a standard S&P ETF, swaps it out for another standard etf right before it pays dividends, then swaps back of the same value (not number of shares) right after. The result is that the dividend is reinvested without taxation. This has some advantages if the idea is not to have to think about the …