Evolve NASDAQ Technology Enhanced Yield Index Fund (QQQY.TO) Alternatives

Evolve NASDAQ Technology Enhanced Yield Index Fund (QQQY.TO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QQQY.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to QQQY.TO

QQQY.TO charges 0.74% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among QQQY.TO alternatives.

Symbol	Name	Expense Ratio	Inception
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	0.04%	Jul 5, 2023	QQQY.TO vs USCL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	Nov 6, 2025	QQQY.TO vs EQLI.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	Aug 22, 2025	QQQY.TO vs ECHI.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.35%	Sep 12, 2024	QQQY.TO vs HBIL.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	0.35%	Sep 27, 2024	QQQY.TO vs JEPI.TO

Best Risk-Adjusted Alternatives to QQQY.TO

Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	97	Jun 8, 2022	QQQY.TO vs HLIF.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	97	May 16, 2011	QQQY.TO vs BKCC.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	96	Jul 5, 2023	QQQY.TO vs BKCL.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	96	Feb 3, 2017	QQQY.TO vs ZWC.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	96	Feb 1, 2022	QQQY.TO vs BANK.TO

Top Performing QQQY.TO Alternatives (YTD)

QQQY.TO alternatives from the Derivative Income category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	31.32%	Feb 6, 2024	QQQY.TO vs EMAX.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	30.98%	Oct 10, 2023	QQQY.TO vs ENCL.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	21.92%	Apr 11, 2011	QQQY.TO vs ENCC.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	12.55%	Oct 25, 2022	QQQY.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	11.68%	Oct 20, 2011	QQQY.TO vs ZWU.TO

Lowest Volatility Alternatives to QQQY.TO

QQQY.TO alternatives from the Derivative Income category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.86%	Sep 12, 2024	QQQY.TO vs HBIL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	7.81%	Jun 14, 2023	QQQY.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	9.12%	Oct 20, 2011	QQQY.TO vs ZWU.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	9.54%	Jun 8, 2022	QQQY.TO vs HLIF.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	9.62%	May 30, 2024	QQQY.TO vs HPYT.TO

Lowest Drawdown Alternatives to QQQY.TO

QQQY.TO alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-1.30%	Sep 12, 2024	QQQY.TO vs HBIL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	-6.23%	Jun 14, 2023	QQQY.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	-6.71%	Oct 20, 2011	QQQY.TO vs ZWU.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	-7.71%	May 16, 2011	QQQY.TO vs BKCC.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	-7.76%	May 30, 2024	QQQY.TO vs HPYT.TO

Other ETFs from Evolve

Most popular Evolve ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	Technology Equities	74	-9.31%	Jul 11, 2023	QQQY.TO vs QQQT.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	89	9.57%	Sep 3, 2024	QQQY.TO vs UTES.TO
CANY.TO	Evolve Canadian Equity UltraYield ETF	Derivative Income, Canada Equities	—	1.73%	Sep 17, 2025	QQQY.TO vs CANY.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	58	-4.60%	Jan 7, 2022	QQQY.TO vs EBNK.TO
BIGY.TO	Evolve US Equity UltraYield ETF	Large Cap Blend Equities	—	-19.53%	Sep 9, 2025	QQQY.TO vs BIGY.TO
SIXY.TO	Evolve Big Six Canadian Banks UltraYield Index ETF	Financials Equities	—	0.37%	Dec 1, 2025	QQQY.TO vs SIXY.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	Energy Equities	73	30.30%	Mar 26, 2025	QQQY.TO vs OILY.TO
TECH.TO	Evolve FANGMA Index ETF Hedged CAD	Technology Equities	40	-9.64%	May 4, 2021	QQQY.TO vs TECH.TO
HISA.NEO	Evolve High Interest Savings Account ETF	Money Market	99	0.30%	Nov 19, 2019	QQQY.TO vs HISA.NEO
HISU-U.TO	Evolve US High Interest Savings Account Fund	Money Market	99	0.60%	Aug 30, 2022	QQQY.TO vs HISU-U.TO

Often Compared With QQQY.TO

What investors most often compare with QQQY.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Derivative Income	48	-4.67%	Oct 10, 2023	QQQY.TO vs QQCL.TO
HDIV.TO	Hamilton Enhanced Multi-Sector Covered Call ETF	Derivative Income	92	3.20%	Jul 19, 2021	QQQY.TO vs HDIV.TO
HHIS.TO	Harvest Diversified High Income Shares ETF	Derivative Income	41	-14.58%	Jan 16, 2025	QQQY.TO vs HHIS.TO
TXF.TO	CI Tech Giants Covered Call Common	Technology Equities, Derivative Income	66	-7.67%	Oct 24, 2011	QQQY.TO vs TXF.TO
QQQM	Invesco NASDAQ 100 ETF	Large Cap Growth Equities	70	-5.92%	Oct 13, 2020	QQQY.TO vs QQQM
HTAE.TO	Harvest Tech Achievers Enhanced Income ETF - Class...	Technology Equities	31	-12.04%	Oct 20, 2022	QQQY.TO vs HTAE.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	Large Cap Growth Equities	57	-4.69%	May 27, 2021	QQQY.TO vs QQC.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	57	-8.12%	Feb 4, 2022	QQQY.TO vs HYLD.TO
QDAY.NEO	Hamilton EnhancedTechnology DayMAX™ ETF	Derivative Income	—	-13.08%	Jul 14, 2025	QQQY.TO vs QDAY.NEO
HHIC.TO	Harvest Canadian High Income Shares ETF	Canada Equities, Derivative Income	—	9.05%	Aug 19, 2025	QQQY.TO vs HHIC.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Large Cap Blend Equities	54	-4.69%	Feb 11, 2019	QQQY.TO vs ZNQ.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	Derivative Income	52	-1.52%	Sep 27, 2024	QQQY.TO vs JEPQ.TO
TSLY.TO	Harvest Tesla Enhanced High Income Shares ETF	Derivative Income	52	-18.63%	Jan 14, 2025	QQQY.TO vs TSLY.TO
ZWT.TO	BMO Covered Call Technology ETF	Technology Equities, Derivative Income	52	-7.50%	Jan 19, 2021	QQQY.TO vs ZWT.TO
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	Derivative Income	72	-2.87%	May 3, 2022	QQQY.TO vs JEPQ
INTY.TO	Evolve International Equity UltraYield ETF	Derivative Income	—	—	Jan 14, 2026	QQQY.TO vs INTY.TO
QMAX.TO	Hamilton Technology YIELD MAXIMIZER ETF	Technology Equities, Derivative Income	27	-15.25%	Oct 25, 2023	QQQY.TO vs QMAX.TO
QQQ	Invesco QQQ ETF	Large Cap Growth Equities	69	-5.93%	Mar 10, 1999	QQQY.TO vs QQQ
SDAY.NEO	Hamilton Enhanced U.S. Equity DayMAX™ ETF	Derivative Income	—	3.41%	Jul 14, 2025	QQQY.TO vs SDAY.NEO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Large Cap Growth Equities	62	-6.55%	Jan 19, 2010	QQQY.TO vs ZQQ.TO

Compare QQQY.TO with Any Fund or Stock

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

Symbol name

Evolve NASDAQ Technology Enhanced Yield Index Fund

Symbol name