QQQL.TO Alternatives & Similar ETFs

Global X Enhanced Nasdaq-100 Index ETF (QQQL.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 QQQL.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to QQQL.TO

QQQL.TO charges 0.49% annually. There are 12 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	QQQL.TO vs QQQX.TO
QQC-F.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	0.20%	1.54B	May 2021	QQQL.TO vs QQC-F.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	0.20%	1.96B	May 2021	QQQL.TO vs QQC.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	0.21%	—	Nov 2021	QQQL.TO vs QQCE.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	0.25%	171.18M	Jul 2023	QQQL.TO vs QQQT.TO

Best Risk-Adjusted Alternatives to QQQL.TO

QQQL.TO has a PortfoliosLab risk / return rank of 77. There are 2 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	QQQL.TO vs QQCI.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	77	732.86M	Sep 2011	QQQL.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	76	379.27M	Oct 2023	QQQL.TO vs QQCL.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	75	136.22M	Sep 2024	QQQL.TO vs JEPQ.TO
QQQX.TO	Global X Nasdaq-100 Index ETF	72	—	May 2024	QQQL.TO vs QQQX.TO

Top Performing QQQL.TO Alternatives (YTD)

QQQL.TO is at 25.16% YTD. There are 2 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	QQQL.TO vs TQQQ.TO
QQU.TO	BetaPro NASDAQ-100 2x Daily Bull ETF	28.32%	500.98M	Jun 2008	QQQL.TO vs QQU.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	24.22%	171.18M	Jul 2023	QQQL.TO vs QQQT.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	21.09%	—	Nov 2021	QQQL.TO vs QQCE.TO
QQQX.TO	Global X Nasdaq-100 Index ETF	20.90%	—	May 2024	QQQL.TO vs QQQX.TO

Lowest Volatility Alternatives to QQQL.TO

QQQL.TO has 20.87% 1-year volatility. There are 16 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	QQQL.TO vs QQCI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	14.07%	136.22M	Sep 2024	QQQL.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	14.39%	732.86M	Sep 2011	QQQL.TO vs QQCC.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	17.19%	1.96B	May 2021	QQQL.TO vs QQC.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	17.38%	—	Sep 2023	QQQL.TO vs XQQU.TO

Lowest Drawdown Alternatives to QQQL.TO

QQQL.TO has a 1-year max drawdown of -13.02%. There are 10 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	QQQL.TO vs QQCI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	-7.74%	136.22M	Sep 2024	QQQL.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	-8.15%	732.86M	Sep 2011	QQQL.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	-10.70%	379.27M	Oct 2023	QQQL.TO vs QQCL.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	-12.09%	—	Sep 2023	QQQL.TO vs XQQU.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, CBIL.TO, HXS.TO and span 12 categories. AUM among these funds goes as high as $7B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CASH.TO	Global X High Interest Savings ETF	Money Market	99	0.95%	6.67B	Nov 2021	QQQL.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.97%	2.36B	Apr 2023	QQQL.TO vs CBIL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	69	11.68%	7.12B	Nov 2010	QQQL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	86	11.58%	5.30B	Sep 2010	QQQL.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	92	62.84%	416.39M	Jun 2021	QQQL.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	61	0.90%	1.92B	Feb 2020	QQQL.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	97	30.68%	—	Jul 2023	QQQL.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	76	12.30%	250.98M	Jul 2023	QQQL.TO vs USCL.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	77	24.43%	708.27M	Apr 2011	QQQL.TO vs ENCC.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	Derivative Income, Gold, Precious Metals	30	-6.77%	589.70M	Apr 2011	QQQL.TO vs GLCC.TO

Often Compared With QQQL.TO

Investors most often compare QQQL.TO with QQQM, GPIQ, SMH. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	60	16.48%	101.29B	Oct 2020	QQQL.TO vs QQQM
GPIQ	Goldman Sachs Nasdaq-100 Core Premium Income ETF	Nasdaq-100, Dividend	69	14.86%	4.55B	Oct 2023	QQQL.TO vs GPIQ
SMH	VanEck Semiconductor ETF	Semiconductors, Technology Equities	94	72.73%	84.54B	Dec 2011	QQQL.TO vs SMH
HHIS.TO	Harvest Diversified High Income Shares ETF	Derivative Income	23	4.33%	1.74B	Jan 2025	QQQL.TO vs HHIS.TO
USSL.TO	Global X Enhanced S&P 500 Index ETF	Leveraged Equities, S&P 500	89	13.93%	11.18M	May 2024	QQQL.TO vs USSL.TO
HXQ.TO	Horizons NASDAQ-100 Index ETF	Nasdaq-100	68	20.53%	1.82B	Apr 2016	QQQL.TO vs HXQ.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	82	13.11%	14.70B	Jan 2019	QQQL.TO vs VEQT.TO
QQI.TO	BetaPro Nasdaq-100 Daily Inverse ETF	Nasdaq-100, Inverse Equities	—	-13.36%	—	Sep 2025	QQQL.TO vs QQI.TO
AMHE.TO	Harvest Amazon Enhanced High Income Shares ETF - C...	Leveraged Equities	18	3.18%	—	Aug 2024	QQQL.TO vs AMHE.TO
ZWT.TO	BMO Covered Call Technology ETF	Technology Equities, Derivative Income	54	15.43%	—	Jan 2021	QQQL.TO vs ZWT.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	24.99%	7.99B	Nov 2012	QQQL.TO vs VDY.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	20.44%	2.39B	Feb 2019	QQQL.TO vs ZNQ.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	41	14.60%	3.24B	Jan 2010	QQQL.TO vs ZQQ.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Financials Equities, Canada Equities, Leveraged Equities	98	38.28%	1.06B	Oct 2020	QQQL.TO vs HCAL.TO
TCND.TO	BetaPro 3x S&P/TSX 60 Daily Leveraged Bull Alterna...	Leveraged Equities	—	27.77%	—	Aug 2025	QQQL.TO vs TCND.TO
CNDU.TO	BetaPro S&P/TSX 60 2x Daily Bull ETF	Leveraged Equities	85	20.58%	85.03M	Jan 2007	QQQL.TO vs CNDU.TO
MNT.TO	Royal Canadian Mint - Canadian Gold Reserves	Gold, Precious Metals	18	-6.93%	1.20B	—	QQQL.TO vs MNT.TO
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	Leveraged Equities, Financials Equities, Canada Equities	96	43.47%	86.85M	Jun 2007	QQQL.TO vs CFOU.TO
HEQL.TO	Global X Enhanced All-Equity Asset Allocation ETF ...	Leveraged Equities	—	—	—	Oct 2023	QQQL.TO vs HEQL.TO
XIT.TO	iShares S&P/TSX Capped Information Technology Inde...	Technology Equities	9	-11.18%	713.74M	Mar 2001	QQQL.TO vs XIT.TO

Compare QQQL.TO with Any Fund or Stock

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

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Diversifiers

Pair QQQL.TO with funds that move differently

Global X Enhanced Nasdaq-100 Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QQQL.TO.

Explore QQQL.TO Diversifiers

Global X Enhanced Nasdaq-100 Index ETF (QQQL.TO) Alternatives