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-F.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	0.20%	1.54B	May 2021	ZQQ.TO vs QQC-F.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	0.20%	1.96B	May 2021	ZQQ.TO vs QQC.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	0.21%	—	Nov 2021	ZQQ.TO vs QQCE.TO
HXQ.TO	Horizons NASDAQ-100 Index ETF	0.25%	1.82B	Apr 2016	ZQQ.TO vs HXQ.TO

Best Risk-Adjusted Alternatives to ZQQ.TO

ZQQ.TO has a PortfoliosLab risk / return rank of 41. There are 17 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 82.

Symbol	Name	Risk / Return Rank	AUM	Inception
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	82	59.49M	Nov 2025	ZQQ.TO vs QQCI.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	77	732.86M	Sep 2011	ZQQ.TO vs QQCC.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	77	—	May 2024	ZQQ.TO vs QQQL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	76	379.27M	Oct 2023	ZQQ.TO vs QQCL.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	75	136.22M	Sep 2024	ZQQ.TO vs JEPQ.TO

Top Performing ZQQ.TO Alternatives (YTD)

ZQQ.TO is at 14.60% YTD. There are 16 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 38.31%.

Symbol	Name	YTD Return	AUM	Inception
TQQQ.TO	BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alterna...	38.31%	—	Jun 2025	ZQQ.TO vs TQQQ.TO
QQU.TO	BetaPro NASDAQ-100 2x Daily Bull ETF	28.32%	500.98M	Jun 2008	ZQQ.TO vs QQU.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	25.16%	—	May 2024	ZQQ.TO vs QQQL.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	24.22%	171.18M	Jul 2023	ZQQ.TO vs QQQT.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	21.09%	—	Nov 2021	ZQQ.TO vs QQCE.TO

Lowest Volatility Alternatives to ZQQ.TO

ZQQ.TO has 18.10% 1-year volatility. There are 11 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 13.83%.

Symbol	Name	Volatility 1Y	AUM	Inception
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	13.83%	59.49M	Nov 2025	ZQQ.TO vs QQCI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	14.07%	136.22M	Sep 2024	ZQQ.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	14.39%	732.86M	Sep 2011	ZQQ.TO vs QQCC.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	17.19%	1.96B	May 2021	ZQQ.TO vs QQC.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	17.38%	—	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%	59.49M	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%	732.86M	Sep 2011	ZQQ.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	-10.70%	379.27M	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	1.09%	5.68B	Nov 2021	ZQQ.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	11.86%	24.23B	Nov 2012	ZQQ.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	79	13.48%	846.16M	Jan 2022	ZQQ.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	97	30.69%	6.15B	Oct 2009	ZQQ.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.25%	16.91B	May 2009	ZQQ.TO vs ZCN.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	20.44%	2.39B	Feb 2019	ZQQ.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	45	6.82%	6.18B	Oct 2011	ZQQ.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.97B	Jan 2010	ZQQ.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	20.55%	1.83B	Oct 2011	ZQQ.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	47	10.78%	1.30B	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	44	14.79%	5.60B	May 2011	ZQQ.TO vs XQQ.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	59	16.45%	493.17B	Mar 1999	ZQQ.TO vs QQQ
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	72	11.93%	32.85B	Nov 2012	ZQQ.TO vs VFV.TO
TEC.TO	TD Global Technology Leaders Index ETF	Technology Equities	47	13.45%	4.93B	May 2019	ZQQ.TO vs TEC.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	80	12.92%	19.56B	Aug 2019	ZQQ.TO vs XEQT.TO
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	60	16.48%	101.29B	Oct 2020	ZQQ.TO vs QQQM
VUG	Vanguard Growth ETF	Large Cap Growth Equities	31	3.52%	393.80B	Jan 2004	ZQQ.TO vs VUG
VSP.TO	Vanguard S&P 500 Index ETF (CAD-hedged)	S&P 500	49	6.85%	6.15B	Nov 2012	ZQQ.TO vs VSP.TO
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	S&P 500	51	6.74%	15.52B	May 2001	ZQQ.TO vs XSP.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	Gold, Precious Metals	19	-5.72%	2.02B	May 2009	ZQQ.TO vs CGL.TO
CIF.TO	iShares Global Infrastructure Index ETF	Energy Equities	79	28.46%	1.57B	Aug 2008	ZQQ.TO vs CIF.TO
CGL-C.TO	iShares Gold Bullion ETF	Gold, Precious Metals	26	-1.35%	—	Mar 2011	ZQQ.TO vs CGL-C.TO
HTAE.TO	Harvest Tech Achievers Enhanced Income ETF - Class...	Technology Equities	49	24.61%	104.75M	Oct 2022	ZQQ.TO vs HTAE.TO
DIR-UN.TO	Dream Industrial Real Estate Investment Trust		80	12.23%	—	—	ZQQ.TO vs DIR-UN.TO
XIT.TO	iShares S&P/TSX Capped Information Technology Inde...	Technology Equities	9	-11.18%	713.74M	Mar 2001	ZQQ.TO vs XIT.TO
MSFT.TO	Microsoft CDR (CAD Hedged)		10	-23.36%	—	—	ZQQ.TO vs MSFT.TO
VGT	Vanguard Information Technology ETF	Technology Equities	58	23.32%	170.10B	Mar 2004	ZQQ.TO vs VGT
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	Europe Equities	23	5.36%	317.20M	Feb 2014	ZQQ.TO vs ZEQ.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	86	11.72%	22.98B	Sep 1999	ZQQ.TO vs XIU.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.29%	30.44B	Feb 2001	ZQQ.TO vs XIC.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