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
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 68. There are 10 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	59.49M	Nov 2025	HXQ.TO vs QQCI.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	77	732.86M	Sep 2011	HXQ.TO vs QQCC.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	77	—	May 2024	HXQ.TO vs QQQL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	76	379.27M	Oct 2023	HXQ.TO vs QQCL.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	75	136.22M	Sep 2024	HXQ.TO vs JEPQ.TO

Top Performing HXQ.TO Alternatives (YTD)

HXQ.TO is at 20.53% YTD. There are 7 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 38.31%.

Symbol	Name	YTD Return	AUM	Inception
TQQQ.TO	BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alterna...	38.31%	—	Jun 2025	HXQ.TO vs TQQQ.TO
QQU.TO	BetaPro NASDAQ-100 2x Daily Bull ETF	28.32%	500.98M	Jun 2008	HXQ.TO vs QQU.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	25.16%	—	May 2024	HXQ.TO vs QQQL.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	24.22%	171.18M	Jul 2023	HXQ.TO vs QQQT.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	21.09%	—	Nov 2021	HXQ.TO vs QQCE.TO

Lowest Volatility Alternatives to HXQ.TO

HXQ.TO has 17.40% 1-year volatility. There are 5 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 13.83%.

Symbol	Name	Volatility 1Y	AUM	Inception
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	13.83%	59.49M	Nov 2025	HXQ.TO vs QQCI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	14.07%	136.22M	Sep 2024	HXQ.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	14.39%	732.86M	Sep 2011	HXQ.TO vs QQCC.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	17.19%	1.96B	May 2021	HXQ.TO vs QQC.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	17.38%	—	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%	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%	732.86M	Sep 2011	HXQ.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	-10.70%	379.27M	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	82	14.32%	—	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	44	14.79%	5.60B	May 2011	HXQ.TO vs XQQ.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	72	11.93%	32.85B	Nov 2012	HXQ.TO vs VFV.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	59	16.45%	493.17B	Mar 1999	HXQ.TO vs QQQ
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	69	11.68%	7.12B	Nov 2010	HXQ.TO vs HXS.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	20.44%	2.39B	Feb 2019	HXQ.TO vs ZNQ.TO
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	60	16.48%	101.29B	Oct 2020	HXQ.TO vs QQQM
TECK-B.TO	Teck Resources Limited		78	29.23%	—	—	HXQ.TO vs TECK-B.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	11.86%	24.23B	Nov 2012	HXQ.TO vs ZSP.TO
CHPS	Xtrackers Semiconductor Select Equity ETF	Semiconductors, Technology Equities	96	107.68%	115.48M	Jul 2023	HXQ.TO vs CHPS
VGT	Vanguard Information Technology ETF	Technology Equities	58	23.32%	170.10B	Mar 2004	HXQ.TO vs VGT
TQQQ	ProShares UltraPro QQQ	Leveraged Equities	53	41.43%	39.74B	Feb 2010	HXQ.TO vs TQQQ
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	41	14.60%	3.24B	Jan 2010	HXQ.TO vs ZQQ.TO
BTCX-B.TO	CI Galaxy Bitcoin ETF C$ Unhedged Series Units	Cryptocurrency	3	-26.61%	704.55M	Mar 2021	HXQ.TO vs BTCX-B.TO
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	28	1.35%	59.17B	Dec 2009	HXQ.TO vs SCHG
FCUV	Focus Universal Inc.		7	-87.32%	—	—	HXQ.TO vs FCUV
BDT.TO	Bird Construction Inc.		94	115.47%	—	—	HXQ.TO vs BDT.TO
ZEA.TO	BMO MSCI EAFE Index ETF	Foreign Large Cap Equities	54	12.33%	13.21B	Feb 2014	HXQ.TO vs ZEA.TO
XEF-U.TO	iShares Core MSCI EAFE IMI Index ETF	Global Equities	43	8.48%	—	Apr 2013	HXQ.TO vs XEF-U.TO
CCO.TO	Cameco Corporation		75	23.07%	—	—	HXQ.TO vs CCO.TO
IMO.TO	Imperial Oil Limited		85	38.92%	—	—	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