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%	1.54B	May 2021	HXQ.TO vs QQC-F.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	0.20%	1.96B	May 2021	HXQ.TO vs QQC.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	0.21%	—	Nov 2021	HXQ.TO vs QQCE.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	0.25%	166.05M	Jul 2023	HXQ.TO vs QQQT.TO

Best Risk-Adjusted Alternatives to HXQ.TO

HXQ.TO has a PortfoliosLab risk / return rank of 77. There are 8 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 84.

Symbol	Name	Risk / Return Rank	AUM	Inception
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	84	166.05M	Jul 2023	HXQ.TO vs QQQT.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	83	—	May 2024	HXQ.TO vs QQQL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	82	713.85M	Sep 2011	HXQ.TO vs QQCC.TO
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	82	59.49M	Nov 2025	HXQ.TO vs QQCI.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	81	364.56M	Oct 2023	HXQ.TO vs QQCL.TO

Top Performing HXQ.TO Alternatives (YTD)

HXQ.TO is at 22.53% YTD. There are 6 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 62.71%.

Symbol	Name	YTD Return	AUM	Inception
TQQQ.TO	BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alterna...	62.71%	—	Jun 2025	HXQ.TO vs TQQQ.TO
QQU.TO	BetaPro NASDAQ-100 2x Daily Bull ETF	41.30%	514.12M	Jun 2008	HXQ.TO vs QQU.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	31.89%	166.05M	Jul 2023	HXQ.TO vs QQQT.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	27.90%	—	May 2024	HXQ.TO vs QQQL.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	23.11%	—	Nov 2021	HXQ.TO vs QQCE.TO

Lowest Volatility Alternatives to HXQ.TO

HXQ.TO has 15.62% 1-year volatility. There are 5 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 12.58%.

Symbol	Name	Volatility 1Y	AUM	Inception
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	12.58%	136.22M	Sep 2024	HXQ.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	12.76%	713.85M	Sep 2011	HXQ.TO vs QQCC.TO
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	12.98%	59.49M	Nov 2025	HXQ.TO vs QQCI.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	15.34%	1.96B	May 2021	HXQ.TO vs QQC.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	15.61%	—	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 7 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%	59.49M	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%	713.85M	Sep 2011	HXQ.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	-10.68%	364.56M	Oct 2023	HXQ.TO vs QQCL.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	-12.14%	1.96B	May 2021	HXQ.TO vs QQC.TO

Other ETFs from Horizons

The 2 most viewed Horizons ETFs shown here include HEQT.TO, HEP.TO and span 2 categories. AUM among these funds goes as high as $173M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HEQT.TO	Horizons All-Equity Asset Allocation ETF	Global Equities	82	14.22%	—	Sep 2019	HXQ.TO vs HEQT.TO
HEP.TO	Horizons Gold Producer Equity Covered Call ETF	Commodity Producers Equities	36	-2.25%	172.87M	Apr 2011	HXQ.TO vs HEP.TO

Often Compared With HXQ.TO

Investors most often compare HXQ.TO with XQQ.TO, VFV.TO, QQQ. These 20 comparison targets span 8 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	70	20.13%	5.56B	May 2011	HXQ.TO vs XQQ.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	78	12.51%	32.85B	Nov 2012	HXQ.TO vs VFV.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	77	21.62%	493.99B	Mar 1999	HXQ.TO vs QQQ
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	74	12.29%	6.67B	Nov 2010	HXQ.TO vs HXS.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	76	22.46%	2.28B	Feb 2019	HXQ.TO vs ZNQ.TO
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	77	21.64%	96.91B	Oct 2020	HXQ.TO vs QQQM
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	76	12.47%	23.82B	Nov 2012	HXQ.TO vs ZSP.TO
TECK-B.TO	Teck Resources Limited		86	48.93%	—	—	HXQ.TO vs TECK-B.TO
CHPS	Xtrackers Semiconductor Select Equity ETF	Semiconductors, Technology Equities	97	104.16%	89.58M	Jul 2023	HXQ.TO vs CHPS
VGT	Vanguard Information Technology ETF	Technology Equities	81	33.62%	144.20B	Mar 2004	HXQ.TO vs VGT
TQQQ	ProShares UltraPro QQQ	Leveraged Equities	75	65.71%	39.77B	Feb 2010	HXQ.TO vs TQQQ
BTCX-B.TO	CI Galaxy Bitcoin ETF C$ Unhedged Series Units	Cryptocurrency	2	-22.96%	803.84M	Mar 2021	HXQ.TO vs BTCX-B.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	71	20.16%	3.25B	Jan 2010	HXQ.TO vs ZQQ.TO
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	43	7.74%	61.08B	Dec 2009	HXQ.TO vs SCHG
FCUV	Focus Universal Inc.		4	-90.06%	—	—	HXQ.TO vs FCUV
ZEA.TO	BMO MSCI EAFE Index ETF	Global Equities	45	10.51%	12.24B	Feb 2014	HXQ.TO vs ZEA.TO
BDT.TO	Bird Construction Inc.		94	117.74%	—	—	HXQ.TO vs BDT.TO
XEF-U.TO	iShares Core MSCI EAFE IMI Index ETF	Global Equities	40	9.28%	—	Oct 2019	HXQ.TO vs XEF-U.TO
CCO.TO	Cameco Corporation		86	32.77%	—	—	HXQ.TO vs CCO.TO
IMO.TO	Imperial Oil Limited		91	45.98%	—	—	HXQ.TO vs IMO.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