HXQ.TO Alternatives & Similar ETFs

Horizons NASDAQ-100 Index ETF (HXQ.TO) belongs to the Nasdaq-100 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HXQ.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HXQ.TO

HXQ.TO charges 0.25% annually. There are 4 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.15%.

Symbol	Name	Expense Ratio	AUM	Inception
QQQX.TO	Global X Nasdaq-100 Index ETF	0.15%	—	May 2024	HXQ.TO vs QQQX.TO
QQC-F.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	0.20%	3.73B	May 2021	HXQ.TO vs QQC-F.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	0.20%	3.73B	May 2021	HXQ.TO vs QQC.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	0.21%	—	Nov 2021	HXQ.TO vs QQCE.TO
QQQQ.TO	Mackenzie NASDAQ 100 Index ETF	0.25%	—	Aug 2025	HXQ.TO vs QQQQ.TO

Best Risk-Adjusted Alternatives to HXQ.TO

HXQ.TO has a PortfoliosLab risk / return rank of 67. There are 8 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 82.

Symbol	Name	Risk / Return Rank	AUM	Inception
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	82	63.79M	Nov 2025	HXQ.TO vs QQCI.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	77	709.55M	Sep 2011	HXQ.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	77	370.02M	Oct 2023	HXQ.TO vs QQCL.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	76	136.22M	Sep 2024	HXQ.TO vs JEPQ.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	73	—	May 2024	HXQ.TO vs QQQL.TO

Top Performing HXQ.TO Alternatives (YTD)

HXQ.TO is at 19.68% YTD. There are 8 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 35.21%.

Symbol	Name	YTD Return	AUM	Inception
TQQQ.TO	BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alterna...	35.21%	—	Jun 2025	HXQ.TO vs TQQQ.TO
QQU.TO	BetaPro NASDAQ-100 2x Daily Bull ETF	26.36%	469.81M	Jun 2008	HXQ.TO vs QQU.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	24.27%	175.95M	Jul 2023	HXQ.TO vs QQQT.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	23.90%	—	May 2024	HXQ.TO vs QQQL.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	20.51%	—	Nov 2021	HXQ.TO vs QQCE.TO

Lowest Volatility Alternatives to HXQ.TO

HXQ.TO has 18.23% 1-year volatility. There are 5 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 14.42%.

Symbol	Name	Volatility 1Y	AUM	Inception
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	14.42%	63.79M	Nov 2025	HXQ.TO vs QQCI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	14.82%	136.22M	Sep 2024	HXQ.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	15.21%	709.55M	Sep 2011	HXQ.TO vs QQCC.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	18.05%	3.73B	May 2021	HXQ.TO vs QQC.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	18.22%	—	Sep 2023	HXQ.TO vs XQQU.TO

Lowest Drawdown Alternatives to HXQ.TO

HXQ.TO has a 1-year max drawdown of -12.43%. There are 8 ETFs in the Nasdaq-100 category with shallower 1-year drawdowns, going as shallow as -7.62%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	-7.62%	63.79M	Nov 2025	HXQ.TO vs QQCI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	-7.74%	136.22M	Sep 2024	HXQ.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	-8.15%	709.55M	Sep 2011	HXQ.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	-10.70%	370.02M	Oct 2023	HXQ.TO vs QQCL.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	-12.09%	—	Sep 2023	HXQ.TO vs XQQU.TO

Other ETFs from Horizons

The 1 most viewed Horizons ETFs shown here include HEQT.TO and span 1 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HEQT.TO	Horizons All-Equity Asset Allocation ETF	Global Equities	86	14.68%	—	Sep 2019	HXQ.TO vs HEQT.TO

Often Compared With HXQ.TO

Investors most often compare HXQ.TO with XQQ.TO, VFV.TO, QQQ. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	42	14.50%	5.51B	May 2011	HXQ.TO vs XQQ.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	79	13.78%	34.09B	Nov 2012	HXQ.TO vs VFV.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	58	16.13%	481.14B	Mar 1999	HXQ.TO vs QQQ
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	76	13.52%	7.49B	Nov 2010	HXQ.TO vs HXS.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	19.68%	2.35B	Feb 2019	HXQ.TO vs ZNQ.TO
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	59	16.16%	100.59B	Oct 2020	HXQ.TO vs QQQM
TECK-B.TO	Teck Resources Limited		80	26.24%	—	—	HXQ.TO vs TECK-B.TO
CHPS	Xtrackers Semiconductor Select Equity ETF	Semiconductors, Technology Equities	95	87.17%	116.18M	Jul 2023	HXQ.TO vs CHPS
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	78	13.73%	24.35B	Nov 2012	HXQ.TO vs ZSP.TO
VGT	Vanguard Information Technology ETF	Technology Equities	57	22.94%	170.10B	Mar 2004	HXQ.TO vs VGT
TQQQ	ProShares UltraPro QQQ	Leveraged Equities	48	38.33%	37.04B	Feb 2010	HXQ.TO vs TQQQ
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	38	14.55%	3.09B	Jan 2010	HXQ.TO vs ZQQ.TO
BTCX-B.TO	CI Galaxy Bitcoin ETF C$ Unhedged Series Units	Cryptocurrency	1	-26.95%	714.72M	Mar 2021	HXQ.TO vs BTCX-B.TO
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	33	5.60%	60.56B	Dec 2009	HXQ.TO vs SCHG
FCUV	Focus Universal Inc.		8	-90.90%	—	—	HXQ.TO vs FCUV
ZEA.TO	BMO MSCI EAFE Index ETF	Foreign Large Cap Equities	60	12.57%	13.26B	Feb 2014	HXQ.TO vs ZEA.TO
BDT.TO	Bird Construction Inc.		96	141.85%	—	—	HXQ.TO vs BDT.TO
XEF-U.TO	iShares Core MSCI EAFE IMI Index ETF	Global Equities	47	9.08%	—	Apr 2013	HXQ.TO vs XEF-U.TO
IMO.TO	Imperial Oil Limited		89	49.07%	—	—	HXQ.TO vs IMO.TO
CCO.TO	Cameco Corporation		64	1.58%	—	—	HXQ.TO vs CCO.TO

Compare HXQ.TO with Any Fund or Stock

Compare HXQ.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair HXQ.TO with funds that move differently

Horizons NASDAQ-100 Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HXQ.TO.

Explore HXQ.TO Diversifiers

Horizons NASDAQ-100 Index ETF (HXQ.TO) Alternatives