TQQQ.TO Alternatives & Similar ETFs

BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF (TQQQ.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 TQQQ.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to TQQQ.TO

Among 18 ETFs in the Nasdaq-100 category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.15%.

Symbol	Name	Expense Ratio	AUM	Inception
QQQX.TO	Global X Nasdaq-100 Index ETF	0.15%	—	May 2024	TQQQ.TO vs QQQX.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	0.20%	3.73B	May 2021	TQQQ.TO vs QQC.TO
QQC-F.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	0.20%	3.73B	May 2021	TQQQ.TO vs QQC-F.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	0.21%	—	Nov 2021	TQQQ.TO vs QQCE.TO
QQQQ.TO	Mackenzie NASDAQ 100 Index ETF	0.25%	—	Aug 2025	TQQQ.TO vs QQQQ.TO

Best Risk-Adjusted Alternatives to TQQQ.TO

TQQQ.TO has a PortfoliosLab risk / return rank of 43. There are 15 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	63.79M	Nov 2025	TQQQ.TO vs QQCI.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	77	709.55M	Sep 2011	TQQQ.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	77	370.02M	Oct 2023	TQQQ.TO vs QQCL.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	76	136.22M	Sep 2024	TQQQ.TO vs JEPQ.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	73	—	May 2024	TQQQ.TO vs QQQL.TO

Top Performing TQQQ.TO Alternatives (YTD)

TQQQ.TO is at 35.21% YTD. No ETFs in the Nasdaq-100 category have higher YTD returns; the top-performing alternatives shown here go as high as 26.36%.

Symbol	Name	YTD Return	AUM	Inception
QQU.TO	BetaPro NASDAQ-100 2x Daily Bull ETF	26.36%	469.81M	Jun 2008	TQQQ.TO vs QQU.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	24.27%	175.95M	Jul 2023	TQQQ.TO vs QQQT.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	23.90%	—	May 2024	TQQQ.TO vs QQQL.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	20.51%	—	Nov 2021	TQQQ.TO vs QQCE.TO
QQQQ.TO	Mackenzie NASDAQ 100 Index ETF	20.44%	—	Aug 2025	TQQQ.TO vs QQQQ.TO

Lowest Volatility Alternatives to TQQQ.TO

TQQQ.TO has 55.42% 1-year volatility. There are 19 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 14.42%.

Symbol	Name	Volatility 1Y	AUM	Inception
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	14.42%	63.79M	Nov 2025	TQQQ.TO vs QQCI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	14.82%	136.22M	Sep 2024	TQQQ.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	15.21%	709.55M	Sep 2011	TQQQ.TO vs QQCC.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	18.05%	3.73B	May 2021	TQQQ.TO vs QQC.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	18.22%	—	Sep 2023	TQQQ.TO vs XQQU.TO

Lowest Drawdown Alternatives to TQQQ.TO

TQQQ.TO has a 1-year max drawdown of -38.15%. There are 17 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%	63.79M	Nov 2025	TQQQ.TO vs QQCI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	-7.74%	136.22M	Sep 2024	TQQQ.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	-8.15%	709.55M	Sep 2011	TQQQ.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	-10.70%	370.02M	Oct 2023	TQQQ.TO vs QQCL.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	-12.09%	—	Sep 2023	TQQQ.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	100	1.06%	6.66B	Nov 2021	TQQQ.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.10%	2.39B	Apr 2023	TQQQ.TO vs CBIL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	76	13.52%	7.49B	Nov 2010	TQQQ.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	92	13.38%	5.40B	Sep 2010	TQQQ.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	89	56.31%	391.52M	Jun 2021	TQQQ.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	64	0.90%	1.93B	Feb 2020	TQQQ.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	33.80%	—	Jul 2023	TQQQ.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	85	14.62%	250.73M	Jul 2023	TQQQ.TO vs USCL.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	89	28.07%	714.60M	Apr 2011	TQQQ.TO vs ENCC.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	Derivative Income, Gold, Precious Metals	31	-11.25%	574.94M	Apr 2011	TQQQ.TO vs GLCC.TO

Often Compared With TQQQ.TO

Investors most often compare TQQQ.TO with SPY, TQQQ, NVDA. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	66	10.45%	783.21B	Jan 1993	TQQQ.TO vs SPY
TQQQ	ProShares UltraPro QQQ	Leveraged Equities	48	38.33%	37.04B	Feb 2010	TQQQ.TO vs TQQQ
NVDA	NVIDIA Corporation		65	9.26%	—	—	TQQQ.TO vs NVDA
USSL.TO	Global X Enhanced S&P 500 Index ETF	Leveraged Equities, S&P 500	90	16.11%	11.27M	May 2024	TQQQ.TO vs USSL.TO
VOO	Vanguard S&P 500 ETF	S&P 500	66	10.45%	1.70T	Sep 2010	TQQQ.TO vs VOO
SOXL	Direxion Daily Semiconductor Bull 3X ETF	Leveraged Equities, Semiconductors	93	293.46%	25.32B	Mar 2010	TQQQ.TO vs SOXL
CNDU.TO	BetaPro S&P/TSX 60 2x Daily Bull ETF	Leveraged Equities	91	24.45%	84.22M	Jan 2007	TQQQ.TO vs CNDU.TO
QQI.TO	BetaPro Nasdaq-100 Daily Inverse ETF	Nasdaq-100, Inverse Equities	—	-12.95%	—	Sep 2025	TQQQ.TO vs QQI.TO
TCND.TO	BetaPro 3x S&P/TSX 60 Daily Leveraged Bull Alterna...	Leveraged Equities	—	33.15%	—	Aug 2025	TQQQ.TO vs TCND.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	19.68%	2.35B	Feb 2019	TQQQ.TO vs ZNQ.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	38	14.55%	3.09B	Jan 2010	TQQQ.TO vs ZQQ.TO
HEQL.TO	Global X Enhanced All-Equity Asset Allocation ETF ...	Leveraged Equities	—	—	—	Oct 2023	TQQQ.TO vs HEQL.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	42	14.50%	5.51B	May 2011	TQQQ.TO vs XQQ.TO
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	Leveraged Equities, Financials Equities, Canada Equities	97	49.68%	86.75M	Jun 2007	TQQQ.TO vs CFOU.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Financials Equities, Canada Equities, Leveraged Equities	98	42.24%	1.09B	Oct 2020	TQQQ.TO vs HCAL.TO
HEQQ	JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF	Nasdaq-100, Equity Hedged	52	3.85%	30.53M	—	TQQQ.TO vs HEQQ
AMHE.TO	Harvest Amazon Enhanced High Income Shares ETF - C...	Leveraged Equities	19	9.58%	—	Aug 2024	TQQQ.TO vs AMHE.TO
HXQ.TO	Horizons NASDAQ-100 Index ETF	Nasdaq-100	67	19.68%	1.78B	Apr 2016	TQQQ.TO vs HXQ.TO
QQQY.TO	Evolve NASDAQ Technology Enhanced Yield Index Fund	Nasdaq-100, Derivative Income	58	14.74%	135.03M	Oct 2025	TQQQ.TO vs QQQY.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	58	16.13%	481.14B	Mar 1999	TQQQ.TO vs QQQ

Compare TQQQ.TO with Any Fund or Stock

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

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Diversifiers

Pair TQQQ.TO with funds that move differently

BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TQQQ.TO.

Explore TQQQ.TO Diversifiers

BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF (TQQQ.TO) Alternatives