PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

iShares NASDAQ 100 Index ETF (XQQU.TO) Alternatives

ETF · Currency in CAD · Last updated Jul 14, 2026

This ETF aims for long-term capital growth by mirroring the performance of the NASDAQ-100 Index, which comprises 100 of the largest non-financial companies listed on The NASDAQ Stock Market based on market capitalization.

iShares NASDAQ 100 Index ETF (XQQU.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 XQQU.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to XQQU.TO

XQQU.TO charges 0.39% annually. There are 8 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.15%.

SymbolNameExpense RatioAUMInception
QQQX.TO
Global X Nasdaq-100 Index ETF0.15%—May 2024XQQU.TO vs QQQX.TO
QQC-F.TO
Invesco NASDAQ 100 Index ETF CAD Hedged0.20%3.73BMay 2021XQQU.TO vs QQC-F.TO
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged0.20%3.73BMay 2021XQQU.TO vs QQC.TO
QQCE.TO
Invesco ESG NASDAQ 100 Index ETF0.21%—Nov 2021XQQU.TO vs QQCE.TO
QQQQ.TO
Mackenzie NASDAQ 100 Index ETF0.25%—Aug 2025XQQU.TO vs QQQQ.TO

Best Risk-Adjusted Alternatives to XQQU.TO

XQQU.TO has a PortfoliosLab risk / return rank of 67. There are 6 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 82.

SymbolNameRisk / Return RankAUMInception
QQCI.TO
Invesco NASDAQ 100 Income Advantage ETF
82
63.79MNov 2025XQQU.TO vs QQCI.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETF
77
709.55MSep 2011XQQU.TO vs QQCC.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETF
77
370.02MOct 2023XQQU.TO vs QQCL.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF
76
136.22MSep 2024XQQU.TO vs JEPQ.TO
QQQL.TO
Global X Enhanced Nasdaq-100 Index ETF
73
—May 2024XQQU.TO vs QQQL.TO

Top Performing XQQU.TO Alternatives (YTD)

XQQU.TO is at 19.36% YTD. There are 11 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 35.21%.

SymbolNameYTD ReturnAUMInception
TQQQ.TO
BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alterna...
35.21%
—Jun 2025XQQU.TO vs TQQQ.TO
QQU.TO
BetaPro NASDAQ-100 2x Daily Bull ETF
26.36%
469.81MJun 2008XQQU.TO vs QQU.TO
QQQT.TO
Evolve NASDAQ Technology Index Fund CAD Hedged
24.27%
175.95MJul 2023XQQU.TO vs QQQT.TO
QQQL.TO
Global X Enhanced Nasdaq-100 Index ETF
23.90%
—May 2024XQQU.TO vs QQQL.TO
QQCE.TO
Invesco ESG NASDAQ 100 Index ETF
20.51%
—Nov 2021XQQU.TO vs QQCE.TO

Lowest Volatility Alternatives to XQQU.TO

XQQU.TO has 18.22% 1-year volatility. There are 4 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 14.42%.

SymbolNameVolatility 1YAUMInception
QQCI.TO
Invesco NASDAQ 100 Income Advantage ETF14.42%63.79MNov 2025XQQU.TO vs QQCI.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF14.82%136.22MSep 2024XQQU.TO vs JEPQ.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETF15.21%709.55MSep 2011XQQU.TO vs QQCC.TO
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged18.05%3.73BMay 2021XQQU.TO vs QQC.TO
HXQ.TO
Horizons NASDAQ-100 Index ETF18.23%1.78BApr 2016XQQU.TO vs HXQ.TO

Lowest Drawdown Alternatives to XQQU.TO

XQQU.TO has a 1-year max drawdown of -12.09%. There are 4 ETFs in the Nasdaq-100 category with shallower 1-year drawdowns, going as shallow as -7.62%.

SymbolNameMax Drawdown 1YAUMInception
QQCI.TO
Invesco NASDAQ 100 Income Advantage ETF
-7.62%
63.79MNov 2025XQQU.TO vs QQCI.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF
-7.74%
136.22MSep 2024XQQU.TO vs JEPQ.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETF
-8.15%
709.55MSep 2011XQQU.TO vs QQCC.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETF
-10.70%
370.02MOct 2023XQQU.TO vs QQCL.TO
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged
-12.14%
3.73BMay 2021XQQU.TO vs QQC.TO

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include XEQT.TO, XDIV.TO, XEI.TO and span 8 categories. AUM among these funds goes as high as $31B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
86
13.91%
20.34BAug 2019XQQU.TO vs XEQT.TO
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...Dividend, Large Cap Value Equities
98
25.10%
5.78BJun 2017XQQU.TO vs XDIV.TO
XEI.TO
iShares S&P/TSX Composite High Dividend Index ETFCanada Equities
98
26.42%
4.25BApr 2011XQQU.TO vs XEI.TO
XIC.TO
iShares Core S&P/TSX Capped Composite Index ETFCanada Equities
89
12.55%
31.16BFeb 2001XQQU.TO vs XIC.TO
XIU.TO
iShares S&P/TSX 60 Index ETFCanada Equities
92
13.48%
23.77BSep 1999XQQU.TO vs XIU.TO
XQQ.TO
iShares NASDAQ 100 Index ETF (CAD-Hedged)Nasdaq-100
42
14.50%
5.51BMay 2011XQQU.TO vs XQQ.TO
XEF.TO
iShares Core MSCI EAFE IMI Index ETFForeign Large Cap Equities
61
12.48%
22.53BApr 2013XQQU.TO vs XEF.TO
XGRO.TO
iShares Core Growth ETF PortfolioDiversified Portfolio
76
11.30%
5.03BJun 2007XQQU.TO vs XGRO.TO
XUS.TO
iShares Core S&P 500 Index ETFS&P 500
79
13.88%
13.11BApr 2013XQQU.TO vs XUS.TO
XAW.TO
iShares Core MSCI All Country World ex Canada Inde...Global Equities
81
14.66%
4.49BFeb 2015XQQU.TO vs XAW.TO

Often Compared With XQQU.TO

Investors most often compare XQQU.TO with ZNQ.TO, VFV.TO, TEC.TO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
ZNQ.TO
BMO NASDAQ 100 Equity Index ETFNasdaq-100
67
19.68%
2.35BFeb 2019XQQU.TO vs ZNQ.TO
VFV.TO
Vanguard S&P 500 Index ETFS&P 500
79
13.78%
34.09BNov 2012XQQU.TO vs VFV.TO
TEC.TO
TD Global Technology Leaders Index ETFTechnology Equities
50
14.88%
5.05BMay 2019XQQU.TO vs TEC.TO
ZQQ.TO
BMO NASDAQ 100 Equity (CAD Hedged)Nasdaq-100
38
14.55%
3.09BJan 2010XQQU.TO vs ZQQ.TO
VEQT.TO
Vanguard All-Equity ETF PortfolioGlobal Equities
87
14.00%
15.67BJan 2019XQQU.TO vs VEQT.TO
JEPQ
JPMorgan Nasdaq Equity Premium Income ETFNasdaq-100, Derivative Income
65
8.49%
40.37BMay 2022XQQU.TO vs JEPQ
QQQM
Invesco NASDAQ 100 ETFNasdaq-100
59
16.16%
100.59BOct 2020XQQU.TO vs QQQM
QDAY.NEO
Hamilton EnhancedTechnology DayMAX™ ETFDerivative Income—
28.18%
—Jul 2025XQQU.TO vs QDAY.NEO
QQQ
Invesco QQQ ETFNasdaq-100
58
16.13%
481.14BMar 1999XQQU.TO vs QQQ
CHPS.TO
Global X Artificial Intelligence Semiconductor Ind...Semiconductors, Technology Equities
89
56.31%
391.52MJun 2021XQQU.TO vs CHPS.TO
QMAX.TO
Hamilton Technology YIELD MAXIMIZER ETFTechnology Equities, Derivative Income
43
18.75%
991.10MOct 2023XQQU.TO vs QMAX.TO
QLD
ProShares Ultra QQQLeveraged Equities
50
28.12%
14.15BJun 2006XQQU.TO vs QLD
XSP.TO
iShares Core S&P 500 Index ETF (CAD-Hedged)S&P 500
56
8.96%
15.74BMay 2001XQQU.TO vs XSP.TO
QTOP
iShares Nasdaq Top 30 Stocks ETFNasdaq-100
59
16.89%
292.75MOct 2024XQQU.TO vs QTOP
VCN.TO
Vanguard FTSE Canada All Cap Index ETFCanada Equities
89
12.26%
16.37BAug 2013XQQU.TO vs VCN.TO
XGD.TO
iShares S&P/TSX Global Gold Index ETFGold, Precious Metals
35
-9.26%
3.30BMar 2001XQQU.TO vs XGD.TO
NVDA.TO
Nvidia CDR (CAD Hedged)
63
7.76%
——XQQU.TO vs NVDA.TO
VGT
Vanguard Information Technology ETFTechnology Equities
57
22.94%
170.10BMar 2004XQQU.TO vs VGT
CGL.TO
iShares Gold Bullion ETF (CAD-Hedged)Gold, Precious Metals
20
-8.34%
1.99BMay 2009XQQU.TO vs CGL.TO
DOL.TO
Dollarama Inc.
39
-9.01%
——XQQU.TO vs DOL.TO

Compare XQQU.TO with Any Fund or Stock

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

 

Diversifiers

Pair XQQU.TO with funds that move differently

iShares NASDAQ 100 Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XQQU.TO.

Explore XQQU.TO Diversifiers