BMO NASDAQ 100 Equity (CAD Hedged) (ZQQ.TO)
The ETF aims to replicate the performance of a NASDAQ-listed companies index while hedging to CAD. The ETF holds Constituent Securities of the Nasdaq-100 Index in the same proportion as they are reflected in the Index.
ETF Info
| Issuer | BMO |
|---|---|
| Inception Date | Jan 19, 2010 |
| Category | Large Cap Growth Equities |
| Leveraged | 1x |
| Index Tracked | NASDAQ-100 Index |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
ZQQ.TO features an expense ratio of 0.39%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in BMO NASDAQ 100 Equity (CAD Hedged), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BMO NASDAQ 100 Equity (CAD Hedged) had a return of 14.84% year-to-date (YTD) and 26.61% in the last 12 months. Over the past 10 years, BMO NASDAQ 100 Equity (CAD Hedged) had an annualized return of 16.50%, outperforming the S&P 500 benchmark which had an annualized return of 10.88%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 14.84% | 18.10% |
| 1 month | -0.56% | 1.42% |
| 6 months | 7.57% | 9.39% |
| 1 year | 26.61% | 26.58% |
| 5 years (annualized) | 18.86% | 13.42% |
| 10 years (annualized) | 16.50% | 10.88% |
Monthly Returns
The table below presents the monthly returns of ZQQ.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.73% | 5.32% | 1.26% | -4.59% | 6.04% | 6.28% | -1.67% | 0.91% | 14.84% | ||||
| 2023 | 10.40% | -0.33% | 9.40% | 0.37% | 7.73% | 6.20% | 3.71% | -1.53% | -5.19% | -2.14% | 10.37% | 5.49% | 52.52% |
| 2022 | -8.67% | -4.49% | 4.32% | -14.09% | -1.20% | -9.25% | 12.54% | -5.24% | -11.16% | 3.90% | 5.52% | -9.00% | -33.74% |
| 2021 | 0.14% | 0.01% | 1.39% | 5.58% | -1.37% | 6.86% | 2.71% | 4.32% | -5.71% | 7.65% | 2.00% | 1.07% | 26.68% |
| 2020 | 3.19% | -6.01% | -7.98% | 14.68% | 6.32% | 6.18% | 7.12% | 10.82% | -5.94% | -3.08% | 10.85% | 4.85% | 45.33% |
| 2019 | 9.07% | 2.77% | 3.89% | 5.43% | -8.35% | 7.25% | 2.38% | -2.16% | 0.82% | 4.16% | 4.15% | 3.68% | 37.08% |
| 2018 | 8.37% | -1.27% | -4.07% | 0.46% | 5.43% | 0.96% | 2.60% | 5.85% | -0.40% | -8.85% | -0.23% | -9.55% | -2.33% |
| 2017 | 4.86% | 4.40% | 2.11% | 2.59% | 3.65% | -2.21% | 3.83% | 1.82% | -0.26% | 4.73% | 1.94% | 0.51% | 31.52% |
| 2016 | -6.39% | -1.34% | 6.28% | -3.08% | 4.14% | -1.96% | 7.26% | 0.85% | 2.36% | -1.59% | 0.43% | 0.96% | 7.31% |
| 2015 | -2.11% | 6.95% | -2.25% | 1.56% | 2.62% | -2.36% | 4.56% | -6.64% | -2.44% | 11.33% | 0.31% | -1.51% | 9.08% |
| 2014 | -1.95% | 4.30% | -1.83% | -0.54% | 4.44% | 3.36% | 1.31% | 4.79% | -0.57% | 2.66% | 4.69% | -2.33% | 19.44% |
| 2013 | 2.99% | 0.62% | 2.50% | 2.53% | 3.77% | -1.99% | 5.74% | -0.21% | 4.40% | 5.46% | 3.27% | 3.08% | 36.99% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ZQQ.TO is 54, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BMO NASDAQ 100 Equity (CAD Hedged) (ZQQ.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BMO NASDAQ 100 Equity (CAD Hedged) granted a 0.28% dividend yield in the last twelve months. The annual payout for that period amounted to CA$0.38 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | CA$0.38 | CA$0.38 | CA$0.35 | CA$0.16 | CA$0.38 | CA$0.33 | CA$0.30 | CA$0.28 | CA$0.60 | CA$0.29 | CA$0.47 | CA$0.27 |
Dividend yield | 0.28% | 0.32% | 0.45% | 0.14% | 0.41% | 0.51% | 0.64% | 0.57% | 1.60% | 0.81% | 1.42% | 0.96% |
Monthly Dividends
The table displays the monthly dividend distributions for BMO NASDAQ 100 Equity (CAD Hedged). The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | |||
| 2023 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.38 | CA$0.38 |
| 2022 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.35 | CA$0.35 |
| 2021 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.16 | CA$0.16 |
| 2020 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.38 | CA$0.38 |
| 2019 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.33 | CA$0.33 |
| 2018 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.30 | CA$0.30 |
| 2017 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.28 | CA$0.28 |
| 2016 | CA$0.29 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.31 | CA$0.60 |
| 2015 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.29 | CA$0.29 |
| 2014 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.47 | CA$0.47 |
| 2013 | CA$0.27 | CA$0.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the BMO NASDAQ 100 Equity (CAD Hedged). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BMO NASDAQ 100 Equity (CAD Hedged) was 36.38%, occurring on Oct 14, 2022. Recovery took 316 trading sessions.
The current BMO NASDAQ 100 Equity (CAD Hedged) drawdown is 6.25%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.38% | Nov 22, 2021 | 225 | Oct 14, 2022 | 316 | Jan 18, 2024 | 541 |
| -29.25% | Feb 20, 2020 | 22 | Mar 20, 2020 | 53 | Jun 5, 2020 | 75 |
| -23.41% | Sep 4, 2018 | 79 | Dec 24, 2018 | 81 | Apr 23, 2019 | 160 |
| -16.4% | Jul 25, 2011 | 19 | Aug 19, 2011 | 104 | Jan 19, 2012 | 123 |
| -16.03% | Apr 26, 2010 | 49 | Jul 5, 2010 | 71 | Oct 15, 2010 | 120 |
Volatility
Volatility Chart
The current BMO NASDAQ 100 Equity (CAD Hedged) volatility is 6.08%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.