ZQQ.TO Alternatives & Similar ETFs

BMO NASDAQ 100 Equity (CAD Hedged) (ZQQ.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 ZQQ.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZQQ.TO

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

Symbol	Name	Expense Ratio	AUM	Inception
QQQX.TO	Global X Nasdaq-100 Index ETF	0.15%	—	May 2024	ZQQ.TO vs QQQX.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	0.20%	3.73B	May 2021	ZQQ.TO vs QQC.TO
QQC-F.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	0.20%	3.73B	May 2021	ZQQ.TO vs QQC-F.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	0.21%	—	Nov 2021	ZQQ.TO vs QQCE.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	0.25%	175.95M	Jul 2023	ZQQ.TO vs QQQT.TO

Best Risk-Adjusted Alternatives to ZQQ.TO

ZQQ.TO has a PortfoliosLab risk / return rank of 30. There are 17 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 76.

Symbol	Name	Risk / Return Rank	AUM	Inception
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	76	63.79M	Nov 2025	ZQQ.TO vs QQCI.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	70	709.55M	Sep 2011	ZQQ.TO vs QQCC.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	69	136.22M	Sep 2024	ZQQ.TO vs JEPQ.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	69	370.02M	Oct 2023	ZQQ.TO vs QQCL.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	66	—	May 2024	ZQQ.TO vs QQQL.TO

Top Performing ZQQ.TO Alternatives (YTD)

ZQQ.TO is at 11.95% YTD. There are 16 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 31.63%.

Symbol	Name	YTD Return	AUM	Inception
TQQQ.TO	BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alterna...	31.63%	—	Jun 2025	ZQQ.TO vs TQQQ.TO
QQU.TO	BetaPro NASDAQ-100 2x Daily Bull ETF	24.17%	469.81M	Jun 2008	ZQQ.TO vs QQU.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	22.87%	175.95M	Jul 2023	ZQQ.TO vs QQQT.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	21.57%	—	May 2024	ZQQ.TO vs QQQL.TO
QQQQ.TO	Mackenzie NASDAQ 100 Index ETF	19.54%	—	Aug 2025	ZQQ.TO vs QQQQ.TO

Lowest Volatility Alternatives to ZQQ.TO

ZQQ.TO has 18.99% 1-year volatility. There are 11 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 14.47%.

Symbol	Name	Volatility 1Y	AUM	Inception
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	14.47%	63.79M	Nov 2025	ZQQ.TO vs QQCI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	14.88%	136.22M	Sep 2024	ZQQ.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	15.27%	709.55M	Sep 2011	ZQQ.TO vs QQCC.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	18.20%	3.73B	May 2021	ZQQ.TO vs QQC.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	18.27%	—	Sep 2023	ZQQ.TO vs XQQU.TO

Lowest Drawdown Alternatives to ZQQ.TO

ZQQ.TO has a 1-year max drawdown of -15.65%. There are 14 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	ZQQ.TO vs QQCI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	-7.74%	136.22M	Sep 2024	ZQQ.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	-8.15%	709.55M	Sep 2011	ZQQ.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	-10.70%	370.02M	Oct 2023	ZQQ.TO vs QQCL.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	-12.09%	—	Sep 2023	ZQQ.TO vs XQQU.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 9 categories. AUM among these funds goes as high as $24B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.25%	5.77B	Nov 2021	ZQQ.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	67	11.68%	24.35B	Nov 2012	ZQQ.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	12.81%	895.11M	Jan 2022	ZQQ.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	35.82%	7.20B	Oct 2009	ZQQ.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	87	12.42%	17.34B	May 2009	ZQQ.TO vs ZCN.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	51	15.69%	2.35B	Feb 2019	ZQQ.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	57	8.92%	6.24B	Oct 2011	ZQQ.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	33	1.32%	13.13B	Jan 2010	ZQQ.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	22.73%	1.86B	Oct 2011	ZQQ.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	55	13.56%	1.32B	Nov 2014	ZQQ.TO vs ZUQ.TO

Often Compared With ZQQ.TO

Investors most often compare ZQQ.TO with XQQ.TO, QQQ, VFV.TO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	33	11.83%	5.51B	May 2011	ZQQ.TO vs XQQ.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	47	13.46%	481.14B	Mar 1999	ZQQ.TO vs QQQ
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	68	11.72%	34.09B	Nov 2012	ZQQ.TO vs VFV.TO
TEC.TO	TD Global Technology Leaders Index ETF	Technology Equities	37	11.75%	5.05B	May 2019	ZQQ.TO vs TEC.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	80	12.57%	20.34B	Aug 2019	ZQQ.TO vs XEQT.TO
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	47	13.49%	100.59B	Oct 2020	ZQQ.TO vs QQQM
VUG	Vanguard Growth ETF	Large Cap Growth Equities	27	5.10%	393.80B	Jan 2004	ZQQ.TO vs VUG
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	S&P 500	49	8.11%	15.74B	May 2001	ZQQ.TO vs XSP.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	Gold, Precious Metals	19	-8.89%	1.99B	May 2009	ZQQ.TO vs CGL.TO
VSP.TO	Vanguard S&P 500 Index ETF (CAD-hedged)	S&P 500	52	9.05%	6.11B	Nov 2012	ZQQ.TO vs VSP.TO
CIF.TO	iShares Global Infrastructure Index ETF	Energy Equities	82	26.74%	1.60B	Aug 2008	ZQQ.TO vs CIF.TO
HXQ.TO	Horizons NASDAQ-100 Index ETF	Nasdaq-100	52	15.81%	1.78B	Apr 2016	ZQQ.TO vs HXQ.TO
CGL-C.TO	iShares Gold Bullion ETF	Gold, Precious Metals	25	-5.74%	—	Mar 2011	ZQQ.TO vs CGL-C.TO
HTAE.TO	Harvest Tech Achievers Enhanced Income ETF - Class...	Technology Equities	39	21.43%	112.85M	Oct 2022	ZQQ.TO vs HTAE.TO
DIR-UN.TO	Dream Industrial Real Estate Investment Trust		87	19.63%	—	—	ZQQ.TO vs DIR-UN.TO
VGT	Vanguard Information Technology ETF	Technology Equities	46	20.30%	170.10B	Mar 2004	ZQQ.TO vs VGT
XIT.TO	iShares S&P/TSX Capped Information Technology Inde...	Technology Equities	9	-9.21%	752.37M	Mar 2001	ZQQ.TO vs XIT.TO
MSFT.TO	Microsoft CDR (CAD Hedged)		15	-17.90%	—	—	ZQQ.TO vs MSFT.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	87	12.55%	31.16B	Feb 2001	ZQQ.TO vs XIC.TO
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	Europe Equities	27	6.15%	319.55M	Feb 2014	ZQQ.TO vs ZEQ.TO

Compare ZQQ.TO with Any Fund or Stock

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

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Diversifiers

Pair ZQQ.TO with funds that move differently

BMO NASDAQ 100 Equity (CAD Hedged) alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZQQ.TO.

Explore ZQQ.TO Diversifiers

BMO NASDAQ 100 Equity (CAD Hedged) (ZQQ.TO) Alternatives