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%	1.96B	May 2021	ZQQ.TO vs QQC.TO
QQC-F.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	0.20%	1.54B	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
QQQQ.TO	Mackenzie NASDAQ 100 Index ETF	0.25%	—	Aug 2025	ZQQ.TO vs QQQQ.TO

Best Risk-Adjusted Alternatives to ZQQ.TO

ZQQ.TO has a PortfoliosLab risk / return rank of 67. There are 13 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 84.

Symbol	Name	Risk / Return Rank	AUM	Inception
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	84	—	May 2024	ZQQ.TO vs QQQL.TO
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	82	59.49M	Nov 2025	ZQQ.TO vs QQCI.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	82	166.05M	Jul 2023	ZQQ.TO vs QQQT.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	82	713.85M	Sep 2011	ZQQ.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	81	364.56M	Oct 2023	ZQQ.TO vs QQCL.TO

Top Performing ZQQ.TO Alternatives (YTD)

ZQQ.TO is at 19.82% YTD. There are 13 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 61.21%.

Symbol	Name	YTD Return	AUM	Inception
TQQQ.TO	BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alterna...	61.21%	—	Jun 2025	ZQQ.TO vs TQQQ.TO
QQU.TO	BetaPro NASDAQ-100 2x Daily Bull ETF	40.64%	514.12M	Jun 2008	ZQQ.TO vs QQU.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	31.74%	166.05M	Jul 2023	ZQQ.TO vs QQQT.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	28.52%	—	May 2024	ZQQ.TO vs QQQL.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	23.30%	—	Nov 2021	ZQQ.TO vs QQCE.TO

Lowest Volatility Alternatives to ZQQ.TO

ZQQ.TO has 15.73% 1-year volatility. There are 7 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 12.58%.

Symbol	Name	Volatility 1Y	AUM	Inception
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	12.58%	136.22M	Sep 2024	ZQQ.TO vs JEPQ.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	12.78%	713.85M	Sep 2011	ZQQ.TO vs QQCC.TO
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	12.98%	59.49M	Nov 2025	ZQQ.TO vs QQCI.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	15.33%	1.96B	May 2021	ZQQ.TO vs QQC.TO
XQQU.TO	iShares NASDAQ 100 Index ETF	15.61%	—	Sep 2023	ZQQ.TO vs XQQU.TO

Lowest Drawdown Alternatives to ZQQ.TO

ZQQ.TO has a 1-year max drawdown of -12.86%. There are 11 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%	713.85M	Sep 2011	ZQQ.TO vs QQCC.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	-10.68%	364.56M	Oct 2023	ZQQ.TO vs QQCL.TO
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	-12.14%	1.96B	May 2021	ZQQ.TO vs QQC.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 8 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	100	0.95%	5.70B	Nov 2021	ZQQ.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZQQ.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZQQ.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZQQ.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZQQ.TO vs ZCN.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZQQ.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZQQ.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZQQ.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	ZQQ.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	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	66	19.81%	5.56B	May 2011	ZQQ.TO vs XQQ.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	ZQQ.TO vs QQQ
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	ZQQ.TO vs VFV.TO
TEC.TO	TD Global Technology Leaders Index ETF	Technology Equities	58	17.96%	5.04B	May 2019	ZQQ.TO vs TEC.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	75	12.29%	18.41B	Aug 2019	ZQQ.TO vs XEQT.TO
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	74	21.39%	96.91B	Oct 2020	ZQQ.TO vs QQQM
VUG	Vanguard Growth ETF	Large Cap Growth Equities	43	9.49%	365.00B	Jan 2004	ZQQ.TO vs VUG
VSP.TO	Vanguard S&P 500 CAD-hedged ETF	S&P 500	60	9.64%	6.15B	Nov 2012	ZQQ.TO vs VSP.TO
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	S&P 500	61	9.64%	15.61B	May 2001	ZQQ.TO vs XSP.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	Precious Metals, Gold	29	2.15%	2.53B	May 2009	ZQQ.TO vs CGL.TO
CIF.TO	iShares Global Infrastructure Index ETF	Energy Equities	70	25.20%	1.44B	Aug 2008	ZQQ.TO vs CIF.TO
HXQ.TO	Horizons NASDAQ-100 Index ETF	Nasdaq-100	75	22.84%	1.25B	Apr 2016	ZQQ.TO vs HXQ.TO
CGL-C.TO	iShares Gold Bullion ETF	Precious Metals, Gold	35	4.39%	—	Mar 2011	ZQQ.TO vs CGL-C.TO
HTAE.TO	Harvest Tech Achievers Enhanced Income ETF - Class...	Technology Equities	66	32.62%	110.66M	Oct 2022	ZQQ.TO vs HTAE.TO
DIR-UN.TO	Dream Industrial Real Estate Investment Trust		81	12.15%	—	—	ZQQ.TO vs DIR-UN.TO
XIT.TO	iShares S&P/TSX Capped Information Technology Inde...	Technology Equities	13	-4.19%	708.53M	Mar 2001	ZQQ.TO vs XIT.TO
MSFT.TO	Microsoft CDR (CAD Hedged)		26	-12.19%	—	—	ZQQ.TO vs MSFT.TO
VGT	Vanguard Information Technology ETF	Technology Equities	76	31.64%	144.20B	Mar 2004	ZQQ.TO vs VGT
ZEQ.TO	BMO MSCI Europe High Quality Hedged to CAD Index E...	Europe Equities	13	1.89%	315.12M	Feb 2014	ZQQ.TO vs ZEQ.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	82	10.14%	22.52B	Sep 1999	ZQQ.TO vs XIU.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