Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO)
The ETF aims to replicate the NASDAQ-100 Index's performance on a hedged basis by primarily investing in companies listed on The NASDAQ Stock Market.
ETF Info
| CUSIP | 46090T100 |
|---|---|
| Issuer | Invesco |
| Inception Date | May 27, 2021 |
| Category | Large Cap Growth Equities |
| Leveraged | 1x |
| Index Tracked | NASDAQ-100 Index |
| Distribution Policy | Distributing |
| Home Page | www.invesco.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
QQC.TO has an expense ratio of 0.20%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in Invesco NASDAQ 100 Index ETF CAD Hedged, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco NASDAQ 100 Index ETF CAD Hedged had a return of 18.69% year-to-date (YTD) and 28.93% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 18.69% | 18.13% |
| 1 month | -1.07% | 1.45% |
| 6 months | 8.25% | 8.81% |
| 1 year | 28.93% | 26.52% |
| 5 years (annualized) | N/A | 13.43% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of QQC.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.39% | 6.23% | 0.95% | -2.76% | 5.18% | 6.66% | -0.72% | -1.35% | 18.69% | ||||
| 2023 | 9.06% | 2.40% | 7.89% | 0.66% | 8.44% | 3.85% | 3.13% | 1.37% | -4.86% | 0.04% | 7.93% | 3.43% | 51.73% |
| 2022 | -8.14% | -4.94% | 3.31% | -11.16% | -2.48% | -7.79% | 11.75% | -2.37% | -6.23% | 2.54% | 3.18% | -7.78% | -28.07% |
| 2021 | -0.20% | 9.41% | 3.33% | 5.41% | -5.24% | 5.16% | 5.20% | 0.26% | 25.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of QQC.TO is 68, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco NASDAQ 100 Index ETF CAD Hedged granted a 0.52% dividend yield in the last twelve months. The annual payout for that period amounted to CA$0.16 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | CA$0.16 | CA$0.14 | CA$0.16 | CA$0.14 |
Dividend yield | 0.52% | 0.54% | 0.91% | 0.56% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco NASDAQ 100 Index ETF CAD Hedged. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | CA$0.00 | CA$0.00 | CA$0.04 | CA$0.00 | CA$0.00 | CA$0.04 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.08 | |||
| 2023 | CA$0.00 | CA$0.00 | CA$0.03 | CA$0.00 | CA$0.00 | CA$0.03 | CA$0.00 | CA$0.00 | CA$0.03 | CA$0.00 | CA$0.00 | CA$0.05 | CA$0.14 |
| 2022 | CA$0.00 | CA$0.00 | CA$0.04 | CA$0.00 | CA$0.00 | CA$0.04 | CA$0.00 | CA$0.00 | CA$0.04 | CA$0.00 | CA$0.00 | CA$0.04 | CA$0.16 |
| 2021 | CA$0.04 | CA$0.00 | CA$0.00 | CA$0.05 | CA$0.00 | CA$0.00 | CA$0.05 | CA$0.14 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco NASDAQ 100 Index ETF CAD Hedged. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco NASDAQ 100 Index ETF CAD Hedged was 31.81%, occurring on Jun 16, 2022. Recovery took 303 trading sessions.
The current Invesco NASDAQ 100 Index ETF CAD Hedged drawdown is 6.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.81% | Dec 30, 2021 | 117 | Jun 16, 2022 | 303 | Aug 31, 2023 | 420 |
| -12.78% | Jul 11, 2024 | 19 | Aug 7, 2024 | — | — | — |
| -8.64% | Sep 8, 2021 | 19 | Oct 4, 2021 | 21 | Nov 3, 2021 | 40 |
| -7.76% | Sep 6, 2023 | 36 | Oct 26, 2023 | 11 | Nov 10, 2023 | 47 |
| -6.51% | Apr 12, 2024 | 6 | Apr 19, 2024 | 18 | May 15, 2024 | 24 |
Volatility
Volatility Chart
The current Invesco NASDAQ 100 Index ETF CAD Hedged volatility is 5.33%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.