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iShares NASDAQ 100 Index ETF (XQQU.TO) Alternatives

ETF · Currency in CAD · Last updated Jun 3, 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%166.05MJul 2023XQQU.TO vs QQQT.TO

Best Risk-Adjusted Alternatives to XQQU.TO

XQQU.TO has a PortfoliosLab risk / return rank of 77. There are 9 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 84.

SymbolNameRisk / Return RankAUMInception
QQQT.TO
Evolve NASDAQ Technology Index Fund CAD Hedged
84
166.05MJul 2023XQQU.TO vs QQQT.TO
QQQL.TO
Global X Enhanced Nasdaq-100 Index ETF
83
—May 2024XQQU.TO vs QQQL.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETF
82
713.85MSep 2011XQQU.TO vs QQCC.TO
QQCI.TO
Invesco NASDAQ 100 Income Advantage ETF
82
59.49MNov 2025XQQU.TO vs QQCI.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETF
81
364.56MOct 2023XQQU.TO vs QQCL.TO

Top Performing XQQU.TO Alternatives (YTD)

XQQU.TO is at 22.27% YTD. There are 9 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 62.71%.

SymbolNameYTD ReturnAUMInception
TQQQ.TO
BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alterna...
62.71%
—Jun 2025XQQU.TO vs TQQQ.TO
QQU.TO
BetaPro NASDAQ-100 2x Daily Bull ETF
41.30%
514.12MJun 2008XQQU.TO vs QQU.TO
QQQT.TO
Evolve NASDAQ Technology Index Fund CAD Hedged
31.89%
166.05MJul 2023XQQU.TO vs QQQT.TO
QQQL.TO
Global X Enhanced Nasdaq-100 Index ETF
27.90%
—May 2024XQQU.TO vs QQQL.TO
QQCE.TO
Invesco ESG NASDAQ 100 Index ETF
23.11%
—Nov 2021XQQU.TO vs QQCE.TO

Lowest Volatility Alternatives to XQQU.TO

XQQU.TO has 15.61% 1-year volatility. There are 4 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 12.58%.

SymbolNameVolatility 1YAUMInception
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF12.58%136.22MSep 2024XQQU.TO vs JEPQ.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETF12.76%713.85MSep 2011XQQU.TO vs QQCC.TO
QQCI.TO
Invesco NASDAQ 100 Income Advantage ETF12.98%59.49MNov 2025XQQU.TO vs QQCI.TO
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged15.34%1.96BMay 2021XQQU.TO vs QQC.TO
HXQ.TO
Horizons NASDAQ-100 Index ETF15.62%1.25BApr 2016XQQU.TO vs HXQ.TO

Lowest Drawdown Alternatives to XQQU.TO

XQQU.TO has a 1-year max drawdown of -12.16%. There are 5 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%
713.85MSep 2011XQQU.TO vs QQCC.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETF
-10.68%
364.56MOct 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 7 categories. AUM among these funds goes as high as $30B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
79
12.92%
18.41BAug 2019XQQU.TO vs XEQT.TO
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...Dividend, Large Cap Value Equities
98
18.95%
5.25BJun 2017XQQU.TO vs XDIV.TO
XEI.TO
iShares S&P/TSX Composite High Dividend Index ETFCanada Equities
98
22.21%
4.02BApr 2011XQQU.TO vs XEI.TO
XIC.TO
iShares Core S&P/TSX Capped Composite Index ETFCanada Equities
84
11.92%
29.66BFeb 2001XQQU.TO vs XIC.TO
XIU.TO
iShares S&P/TSX 60 Index ETFLarge Cap Growth Equities
85
11.11%
22.52BSep 1999XQQU.TO vs XIU.TO
XQQ.TO
iShares NASDAQ 100 Index ETF (CAD-Hedged)Nasdaq-100
70
20.13%
5.56BMay 2011XQQU.TO vs XQQ.TO
XEF.TO
iShares Core MSCI EAFE IMI Index ETFGlobal Equities
47
10.40%
21.46BApr 2013XQQU.TO vs XEF.TO
XGRO.TO
iShares Core Growth ETF PortfolioLarge Cap Growth Equities
70
10.58%
4.82BJun 2007XQQU.TO vs XGRO.TO
XUS.TO
iShares Core S&P 500 Index ETFS&P 500
77
12.56%
12.60BApr 2013XQQU.TO vs XUS.TO
XAW.TO
iShares Core MSCI All Country World ex Canada Inde...Global Equities
79
14.12%
4.25BFeb 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
76
22.46%
2.28BFeb 2019XQQU.TO vs ZNQ.TO
VFV.TO
Vanguard S&P 500 Index ETFS&P 500
78
12.51%
32.85BNov 2012XQQU.TO vs VFV.TO
TEC.TO
TD Global Technology Leaders Index ETFTechnology Equities
63
18.79%
5.04BMar 2022XQQU.TO vs TEC.TO
ZQQ.TO
BMO NASDAQ 100 Equity (CAD Hedged)Nasdaq-100
71
20.16%
3.25BJan 2010XQQU.TO vs ZQQ.TO
VEQT.TO
Vanguard All-Equity ETF PortfolioGlobal Equities
85
13.37%
14.70BJan 2019XQQU.TO vs VEQT.TO
JEPQ
JPMorgan Nasdaq Equity Premium Income ETFNasdaq-100, Derivative Income
77
9.65%
39.63BMay 2022XQQU.TO vs JEPQ
QQQM
Invesco NASDAQ 100 ETFNasdaq-100
77
21.64%
96.91BOct 2020XQQU.TO vs QQQM
QDAY.NEO
Hamilton EnhancedTechnology DayMAX™ ETFDerivative Income—
31.54%
—Jul 2025XQQU.TO vs QDAY.NEO
QQQ
Invesco QQQ ETFNasdaq-100
77
21.62%
493.99BMar 1999XQQU.TO vs QQQ
QMAX.TO
Hamilton Technology YIELD MAXIMIZER ETFTechnology Equities, Derivative Income
53
21.28%
973.00MOct 2023XQQU.TO vs QMAX.TO
QLD
ProShares Ultra QQQLeveraged Equities
73
42.81%
14.46BJun 2006XQQU.TO vs QLD
QQQQ.TO
Mackenzie NASDAQ 100 Index ETFNasdaq-100—
21.51%
—Aug 2025XQQU.TO vs QQQQ.TO
CHPS.TO
Global X Artificial Intelligence Semiconductor Ind...Semiconductors, Technology Equities
95
64.50%
342.08MJun 2021XQQU.TO vs CHPS.TO
VCN.TO
Vanguard FTSE Canada All Cap Index ETFCanada Equities
82
11.63%
15.96BAug 2013XQQU.TO vs VCN.TO
QTOP
iShares Nasdaq Top 30 Stocks ETFNasdaq-100
77
22.97%
298.37MOct 2024XQQU.TO vs QTOP
XSP.TO
iShares Core S&P 500 Index ETF (CAD-Hedged)S&P 500
67
10.44%
15.61BMay 2001XQQU.TO vs XSP.TO
VGT
Vanguard Information Technology ETFTechnology Equities
81
33.62%
144.20BMar 2004XQQU.TO vs VGT
XGD.TO
iShares S&P/TSX Global Gold Index ETFPrecious Metals
47
6.32%
3.59BMar 2001XQQU.TO vs XGD.TO
NVDA.TO
Nvidia CDR (CAD Hedged)
81
18.48%
——XQQU.TO vs NVDA.TO
CGL.TO
iShares Gold Bullion ETF (CAD-Hedged)Precious Metals, Gold
31
3.01%
2.53BMay 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