EQL.TO vs. QQCI.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco S&P 500 Equal Weight Index ETF CAD (EQL.TO) and Invesco NASDAQ 100 Income Advantage ETF (QQCI.TO).

EQL.TO and QQCI.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQL.TO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Index. It was launched on May 29, 2018. QQCI.TO is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Nov 6, 2025. Both EQL.TO and QQCI.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EQL.TO vs. QQCI.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Invesco S&P 500 Equal Weight Index ETF CAD (EQL.TO) and Invesco NASDAQ 100 Income Advantage ETF (QQCI.TO). The values are adjusted to include any dividend payments, if applicable.

EQL.TO vs. QQCI.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EQL.TO Invesco S&P 500 Equal Weight Index ETF CAD	1.77%	5.94%	9.86%
QQCI.TO Invesco NASDAQ 100 Income Advantage ETF	-2.67%	12.64%	11.70%

Returns By Period

In the year-to-date period, EQL.TO achieves a 1.77% return, which is significantly higher than QQCI.TO's -2.67% return.

EQL.TO

• 1D: 2.02%
• 1M: -4.20%
• YTD: 1.77%
• 6M: 1.79%
• 1Y: 8.58%
• 3Y*: 16.16%
• 5Y*: 15.15%
• 10Y*: —

QQCI.TO

• 1D: 2.68%
• 1M: -1.51%
• YTD: -2.67%
• 6M: 0.24%
• 1Y: 18.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EQL.TO vs. QQCI.TO - Expense Ratio Comparison

EQL.TO

Invesco S&P 500 Equal Weight Index ETF CAD

Return for Risk

EQL.TO vs. QQCI.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EQL.TO

EQL.TO Risk / Return Rank: 30
EQL.TO Sharpe Ratio Rank: 28
EQL.TO Sortino Ratio Rank: 27
EQL.TO Omega Ratio Rank: 28
EQL.TO Calmar Ratio Rank: 32
EQL.TO Martin Ratio Rank: 33

QQCI.TO

QQCI.TO Risk / Return Rank: 61
QQCI.TO Sharpe Ratio Rank: 63
QQCI.TO Sortino Ratio Rank: 59
QQCI.TO Omega Ratio Rank: 60
QQCI.TO Calmar Ratio Rank: 63
QQCI.TO Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EQL.TO vs. QQCI.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Index ETF CAD (EQL.TO) and Invesco NASDAQ 100 Income Advantage ETF (QQCI.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	EQL.TO	QQCI.TO	Difference
Sharpe ratio Return per unit of total volatility	0.49	1.12	-0.63
Sortino ratio Return per unit of downside risk	0.78	1.54	-0.76
Omega ratio Gain probability vs. loss probability	1.11	1.23	-0.11
Calmar ratio Return relative to maximum drawdown	0.77	1.62	-0.85
Martin ratio Return relative to average drawdown	2.92	5.92	-3.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EQL.TO vs. QQCI.TO - Sharpe Ratio Comparison

The current EQL.TO Sharpe Ratio is 0.49, which is lower than the QQCI.TO Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of EQL.TO and QQCI.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EQL.TO	QQCI.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	1.12	-0.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.00	0.85	+0.15

Correlation

The correlation between EQL.TO and QQCI.TO is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EQL.TO vs. QQCI.TO - Dividend Comparison

EQL.TO's dividend yield for the trailing twelve months is around 1.37%, less than QQCI.TO's 9.81% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EQL.TO Invesco S&P 500 Equal Weight Index ETF CAD	1.37%	1.38%	5.37%	8.14%	8.91%	7.19%	9.96%	8.29%	1.35%
QQCI.TO Invesco NASDAQ 100 Income Advantage ETF	9.81%	9.34%	3.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EQL.TO vs. QQCI.TO - Drawdown Comparison

The maximum EQL.TO drawdown since its inception was -30.47%, which is greater than QQCI.TO's maximum drawdown of -18.95%. Use the drawdown chart below to compare losses from any high point for EQL.TO and QQCI.TO.

Drawdown Indicators

	EQL.TO	QQCI.TO	Difference
Max Drawdown Largest peak-to-trough decline	-30.47%	-18.95%	-11.52%
Max Drawdown (1Y) Largest decline over 1 year	-13.01%	-10.79%	-2.22%
Max Drawdown (5Y) Largest decline over 5 years	-17.60%	—	—
Current Drawdown Current decline from peak	-4.34%	-5.14%	+0.80%
Average Drawdown Average peak-to-trough decline	-3.23%	-3.37%	+0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	2.95%	+0.47%

Volatility

EQL.TO vs. QQCI.TO - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight Index ETF CAD (EQL.TO) is 4.61%, while Invesco NASDAQ 100 Income Advantage ETF (QQCI.TO) has a volatility of 4.86%. This indicates that EQL.TO experiences smaller price fluctuations and is considered to be less risky than QQCI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQL.TO	QQCI.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	4.86%	-0.25%
Volatility (6M) Calculated over the trailing 6-month period	9.37%	10.74%	-1.37%
Volatility (1Y) Calculated over the trailing 1-year period	17.59%	16.42%	+1.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.51%	15.77%	-1.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.46%	15.77%	+1.69%