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iShares NASDAQ 100 Index ETF (XQQU.TO) Alternatives

ETF · Currency in CAD · Last updated Jun 24, 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%1.54BMay 2021XQQU.TO vs QQC-F.TO
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged0.20%1.96BMay 2021XQQU.TO vs QQC.TO
QQCE.TO
Invesco ESG NASDAQ 100 Index ETF0.21%—Nov 2021XQQU.TO vs QQCE.TO
QQQT.TO
Evolve NASDAQ Technology Index Fund CAD Hedged0.25%171.18MJul 2023XQQU.TO vs QQQT.TO

Best Risk-Adjusted Alternatives to XQQU.TO

XQQU.TO has a PortfoliosLab risk / return rank of 70. There are 7 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
59.49MNov 2025XQQU.TO vs QQCI.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETF
77
732.86MSep 2011XQQU.TO vs QQCC.TO
QQQL.TO
Global X Enhanced Nasdaq-100 Index ETF
77
—May 2024XQQU.TO vs QQQL.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETF
76
379.27MOct 2023XQQU.TO vs QQCL.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF
75
136.22MSep 2024XQQU.TO vs JEPQ.TO

Top Performing XQQU.TO Alternatives (YTD)

XQQU.TO is at 20.53% YTD. There are 7 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 38.31%.

SymbolNameYTD ReturnAUMInception
TQQQ.TO
BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alterna...
38.31%
—Jun 2025XQQU.TO vs TQQQ.TO
QQU.TO
BetaPro NASDAQ-100 2x Daily Bull ETF
28.32%
500.98MJun 2008XQQU.TO vs QQU.TO
QQQL.TO
Global X Enhanced Nasdaq-100 Index ETF
25.16%
—May 2024XQQU.TO vs QQQL.TO
QQQT.TO
Evolve NASDAQ Technology Index Fund CAD Hedged
24.22%
171.18MJul 2023XQQU.TO vs QQQT.TO
QQCE.TO
Invesco ESG NASDAQ 100 Index ETF
21.09%
—Nov 2021XQQU.TO vs QQCE.TO

Lowest Volatility Alternatives to XQQU.TO

XQQU.TO has 17.38% 1-year volatility. There are 4 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 13.83%.

SymbolNameVolatility 1YAUMInception
QQCI.TO
Invesco NASDAQ 100 Income Advantage ETF13.83%59.49MNov 2025XQQU.TO vs QQCI.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF14.07%136.22MSep 2024XQQU.TO vs JEPQ.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETF14.39%732.86MSep 2011XQQU.TO vs QQCC.TO
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged17.19%1.96BMay 2021XQQU.TO vs QQC.TO
HXQ.TO
Horizons NASDAQ-100 Index ETF17.40%1.82BApr 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%
59.49MNov 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%
732.86MSep 2011XQQU.TO vs QQCC.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETF
-10.70%
379.27MOct 2023XQQU.TO vs QQCL.TO
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged
-12.14%
1.96BMay 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 $30B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
80
12.92%
19.56BAug 2019XQQU.TO vs XEQT.TO
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...Dividend, Large Cap Value Equities
98
21.65%
5.54BJun 2017XQQU.TO vs XDIV.TO
XEI.TO
iShares S&P/TSX Composite High Dividend Index ETFCanada Equities
97
23.82%
4.13BApr 2011XQQU.TO vs XEI.TO
XIC.TO
iShares Core S&P/TSX Capped Composite Index ETFCanada Equities
81
11.29%
30.44BFeb 2001XQQU.TO vs XIC.TO
XIU.TO
iShares S&P/TSX 60 Index ETFCanada Equities
86
11.72%
22.98BSep 1999XQQU.TO vs XIU.TO
XQQ.TO
iShares NASDAQ 100 Index ETF (CAD-Hedged)Nasdaq-100
44
14.79%
5.60BMay 2011XQQU.TO vs XQQ.TO
XEF.TO
iShares Core MSCI EAFE IMI Index ETFForeign Large Cap Equities
54
12.09%
22.44BApr 2013XQQU.TO vs XEF.TO
XGRO.TO
iShares Core Growth ETF PortfolioDiversified Portfolio
69
10.64%
4.97BJun 2007XQQU.TO vs XGRO.TO
XUS.TO
iShares Core S&P 500 Index ETFS&P 500
71
11.90%
12.94BApr 2013XQQU.TO vs XUS.TO
XAW.TO
iShares Core MSCI All Country World ex Canada Inde...Global Equities
76
14.02%
4.47BFeb 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
20.44%
2.39BFeb 2019XQQU.TO vs ZNQ.TO
VFV.TO
Vanguard S&P 500 Index ETFS&P 500
72
11.93%
32.85BNov 2012XQQU.TO vs VFV.TO
TEC.TO
TD Global Technology Leaders Index ETFTechnology Equities
47
13.45%
4.93BMay 2019XQQU.TO vs TEC.TO
ZQQ.TO
BMO NASDAQ 100 Equity (CAD Hedged)Nasdaq-100
41
14.60%
3.24BJan 2010XQQU.TO vs ZQQ.TO
VEQT.TO
Vanguard All-Equity ETF PortfolioGlobal Equities
82
13.11%
14.70BJan 2019XQQU.TO vs VEQT.TO
JEPQ
JPMorgan Nasdaq Equity Premium Income ETFNasdaq-100, Derivative Income
63
7.85%
40.03BMay 2022XQQU.TO vs JEPQ
QQQM
Invesco NASDAQ 100 ETFNasdaq-100
60
16.48%
101.29BOct 2020XQQU.TO vs QQQM
QDAY.NEO
Hamilton EnhancedTechnology DayMAX™ ETFDerivative Income—
26.03%
—Jul 2025XQQU.TO vs QDAY.NEO
QQQ
Invesco QQQ ETFNasdaq-100
59
16.45%
493.17BMar 1999XQQU.TO vs QQQ
CHPS.TO
Global X Artificial Intelligence Semiconductor Ind...Semiconductors, Technology Equities
92
62.84%
416.39MJun 2021XQQU.TO vs CHPS.TO
QMAX.TO
Hamilton Technology YIELD MAXIMIZER ETFTechnology Equities, Derivative Income
44
19.67%
1.01BOct 2023XQQU.TO vs QMAX.TO
QLD
ProShares Ultra QQQLeveraged Equities
53
29.58%
14.59BJun 2006XQQU.TO vs QLD
XSP.TO
iShares Core S&P 500 Index ETF (CAD-Hedged)S&P 500
51
6.74%
15.52BMay 2001XQQU.TO vs XSP.TO
QQQQ.TO
Mackenzie NASDAQ 100 Index ETFNasdaq-100—
20.59%
—Aug 2025XQQU.TO vs QQQQ.TO
VCN.TO
Vanguard FTSE Canada All Cap Index ETFCanada Equities
81
10.99%
15.96BAug 2013XQQU.TO vs VCN.TO
XGD.TO
iShares S&P/TSX Global Gold Index ETFGold, Precious Metals
34
-3.25%
3.65BMar 2001XQQU.TO vs XGD.TO
QTOP
iShares Nasdaq Top 30 Stocks ETFNasdaq-100
60
17.15%
302.90MOct 2024XQQU.TO vs QTOP
NVDA.TO
Nvidia CDR (CAD Hedged)
70
6.13%
——XQQU.TO vs NVDA.TO
VGT
Vanguard Information Technology ETFTechnology Equities
58
23.32%
170.10BMar 2004XQQU.TO vs VGT
CGL.TO
iShares Gold Bullion ETF (CAD-Hedged)Gold, Precious Metals
19
-5.72%
2.02BMay 2009XQQU.TO vs CGL.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