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%	166.05M	Jul 2023	QQQL.TO vs QQQT.TO

Best Risk-Adjusted Alternatives to QQQL.TO

QQQL.TO has a PortfoliosLab risk / return rank of 83. There is 1 ETF in the Nasdaq-100 category with a higher risk-adjusted rank, 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	QQQL.TO vs QQQT.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	82	713.85M	Sep 2011	QQQL.TO vs QQCC.TO
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	82	59.49M	Nov 2025	QQQL.TO vs QQCI.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	81	364.56M	Oct 2023	QQQL.TO vs QQCL.TO
QQQY.TO	Evolve NASDAQ Technology Enhanced Yield Index Fund	79	135.24M	Oct 2025	QQQL.TO vs QQQY.TO

Top Performing QQQL.TO Alternatives (YTD)

QQQL.TO is at 27.90% YTD. There are 3 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	QQQL.TO vs TQQQ.TO
QQU.TO	BetaPro NASDAQ-100 2x Daily Bull ETF	41.30%	514.12M	Jun 2008	QQQL.TO vs QQU.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	31.89%	166.05M	Jul 2023	QQQL.TO vs QQQT.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	23.11%	—	Nov 2021	QQQL.TO vs QQCE.TO
QQQX.TO	Global X Nasdaq-100 Index ETF	22.62%	—	May 2024	QQQL.TO vs QQQX.TO

Lowest Volatility Alternatives to QQQL.TO

QQQL.TO has 18.89% 1-year volatility. There are 16 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	QQQL.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	12.76%	713.85M	Sep 2011	QQQL.TO vs QQCC.TO
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	12.98%	59.49M	Nov 2025	QQQL.TO vs QQCI.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	15.34%	1.96B	May 2021	QQQL.TO vs QQC.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	15.61%	—	Sep 2023	QQQL.TO vs XQQU.TO

Lowest Drawdown Alternatives to QQQL.TO

QQQL.TO has a 1-year max drawdown of -12.69%. There are 9 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%	713.85M	Sep 2011	QQQL.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	-10.68%	364.56M	Oct 2023	QQQL.TO vs QQCL.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	-12.14%	1.96B	May 2021	QQQL.TO vs QQC.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, CBIL.TO, HXS.TO and span 11 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	100	0.83%	6.70B	Nov 2021	QQQL.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.83%	2.27B	Apr 2023	QQQL.TO vs CBIL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	74	12.29%	6.67B	Nov 2010	QQQL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Corporate Class ETF	Canada Equities	84	10.99%	5.16B	Sep 2010	QQQL.TO vs HXT.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	67	1.07%	1.92B	Feb 2020	QQQL.TO vs HSAV.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	95	64.50%	342.08M	Jun 2021	QQQL.TO vs CHPS.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities	96	19.91%	—	Jul 2023	QQQL.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	78	11.66%	249.48M	Jul 2023	QQQL.TO vs USCL.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	Derivative Income, Gold	43	2.37%	597.10M	Apr 2011	QQQL.TO vs GLCC.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	87	27.81%	759.08M	Apr 2011	QQQL.TO vs ENCC.TO

Often Compared With QQQL.TO

Investors most often compare QQQL.TO with OOQB, QQQM, GPIQ. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
OOQB	Volatility Shares One+One Nasdaq-100® and Bitcoin ...	Nasdaq-100, Leveraged Equities, Leveraged Cryptocurrency	5	-18.43%	1.44M	Feb 2025	QQQL.TO vs OOQB
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	77	21.64%	96.91B	Oct 2020	QQQL.TO vs QQQM
GPIQ	Goldman Sachs Nasdaq-100 Core Premium Income ETF	Nasdaq-100, Dividend	84	18.52%	4.52B	Oct 2023	QQQL.TO vs GPIQ
SMH	VanEck Semiconductor ETF	Semiconductors, Technology Equities	96	75.55%	67.82B	Dec 2011	QQQL.TO vs SMH
HHIS.TO	Harvest Diversified High Income Shares ETF	Derivative Income	36	10.70%	1.82B	Jan 2025	QQQL.TO vs HHIS.TO
HXQ.TO	Horizons NASDAQ-100 Index ETF	Nasdaq-100	77	22.53%	1.25B	Apr 2016	QQQL.TO vs HXQ.TO
USSL.TO	Global X Enhanced S&P 500 Index ETF	Leveraged Equities, S&P 500	80	14.48%	10.16M	May 2024	QQQL.TO vs USSL.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	85	13.37%	14.70B	Jan 2019	QQQL.TO vs VEQT.TO
QQI.TO	BetaPro Nasdaq-100 Daily Inverse ETF	Nasdaq-100, Inverse Equities	—	-16.56%	—	Sep 2025	QQQL.TO vs QQI.TO
AMHE.TO	Harvest Amazon Enhanced High Income Shares ETF - C...	Leveraged Equities	25	11.52%	—	Aug 2024	QQQL.TO vs AMHE.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.67%	7.99B	Nov 2012	QQQL.TO vs VDY.TO
ZWT.TO	BMO Covered Call Technology ETF	Technology Equities, Derivative Income	70	20.43%	—	Jan 2021	QQQL.TO vs ZWT.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Leveraged Equities	96	24.08%	959.30M	Oct 2020	QQQL.TO vs HCAL.TO
TCND.TO	BetaPro 3x S&P/TSX 60 Daily Leveraged Bull Alterna...	Leveraged Equities	—	26.62%	—	Aug 2025	QQQL.TO vs TCND.TO
CNDU.TO	BetaPro S&P/TSX 60 2x Daily Bull ETF	Leveraged Equities	80	19.96%	80.21M	Jan 2007	QQQL.TO vs CNDU.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	71	20.16%	3.25B	Jan 2010	QQQL.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	76	22.46%	2.28B	Feb 2019	QQQL.TO vs ZNQ.TO
MNT.TO	Royal Canadian Mint - Canadian Gold Reserves		28	-0.33%	1.20B	—	QQQL.TO vs MNT.TO
HEQL.TO	Global X Enhanced All-Equity Asset Allocation ETF ...	Leveraged Equities	85	17.16%	—	Oct 2023	QQQL.TO vs HEQL.TO
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	Leveraged Equities, Financials Equities, Canada Equities	92	24.98%	77.00M	Jun 2007	QQQL.TO vs CFOU.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