ESGC.TO vs. QQC-F.TO

Last updated Jun 4, 2026

ESGC.TO (Invesco S&P/TSX Composite ESG Index ETF) and QQC-F.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) are both exchange-traded funds - ESGC.TO is a Canada Equities fund tracking the S&P/TSX Composite ESG Index, while QQC-F.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, ESGC.TO returned 13.73%/yr vs 16.33%/yr for QQC-F.TO. At a 0.34 correlation, their price movements are largely independent. ESGC.TO charges 0.15%/yr vs 0.20%/yr for QQC-F.TO.

Performance

ESGC.TO vs. QQC-F.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Invesco S&P/TSX Composite ESG Index ETF (ESGC.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESGC.TO achieves a 12.27% return, which is significantly lower than QQC-F.TO's 19.79% return.

ESGC.TO

• 1D: -0.35%
• 1M: 4.89%
• YTD: 12.27%
• 6M: 14.01%
• 1Y: 34.84%
• 3Y*: 22.81%
• 5Y*: 13.73%
• 10Y*: —

QQC-F.TO

• 1D: -0.22%
• 1M: 10.71%
• YTD: 19.79%
• 6M: 17.83%
• 1Y: 38.43%
• 3Y*: 26.56%
• 5Y*: 16.33%
• 10Y*: 20.30%

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

ESGC.TO vs. QQC-F.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ESGC.TO Invesco S&P/TSX Composite ESG Index ETF	12.27%	32.85%	18.64%	7.50%	-7.28%	23.99%	5.27%
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	19.79%	18.41%	24.19%	52.81%	-33.42%	27.15%	11.21%

Correlation

The correlation between ESGC.TO and QQC-F.TO is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (All Time) Calculated using the full available price history since Oct 9, 2020	0.34

Return for Risk

ESGC.TO vs. QQC-F.TO — Risk / Return Rank

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

ESGC.TO

ESGC.TO Risk / Return Rank: 82
ESGC.TO Sharpe Ratio Rank: 86
ESGC.TO Sortino Ratio Rank: 86
ESGC.TO Omega Ratio Rank: 88
ESGC.TO Calmar Ratio Rank: 70
ESGC.TO Martin Ratio Rank: 78

QQC-F.TO

QQC-F.TO Risk / Return Rank: 66
QQC-F.TO Sharpe Ratio Rank: 73
QQC-F.TO Sortino Ratio Rank: 69
QQC-F.TO Omega Ratio Rank: 68
QQC-F.TO Calmar Ratio Rank: 58
QQC-F.TO Martin Ratio Rank: 60

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.

ESGC.TO vs. QQC-F.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P/TSX Composite ESG Index ETF (ESGC.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.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.

	ESGC.TO	QQC-F.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.82	2.43	+0.39
Sortino ratio: Return per unit of downside risk	3.81	3.23	+0.58
Omega ratio: Gain probability vs. loss probability	1.55	1.42	+0.13
Calmar ratio: Return relative to maximum drawdown	3.45	2.93	+0.52
Martin ratio: Return relative to average drawdown	15.05	10.91	+4.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESGC.TO vs. QQC-F.TO - Sharpe Ratio Comparison

The current ESGC.TO Sharpe Ratio is 2.82, which is comparable to the QQC-F.TO Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of ESGC.TO and QQC-F.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ESGC.TO	QQC-F.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.82	2.43	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.09	0.73	+0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.26	0.92	+0.33

Drawdowns

ESGC.TO vs. QQC-F.TO - Drawdown Comparison

The maximum ESGC.TO drawdown since its inception was -16.66%, smaller than the maximum QQC-F.TO drawdown of -36.03%. Use the drawdown chart below to compare losses from any high point for ESGC.TO and QQC-F.TO.

Drawdown Indicators

	ESGC.TO	QQC-F.TO	Difference
Max Drawdown Largest peak-to-trough decline	-16.66%	-36.03%	+19.37%
Max Drawdown (1Y) Largest decline over 1 year	-10.14%	-13.16%	+3.02%
Max Drawdown (3Y) Largest decline over 3 years	-11.51%	-22.76%	+11.25%
Max Drawdown (5Y) Largest decline over 5 years	-16.66%	-36.03%	+19.37%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.03%	—
Current Drawdown Current decline from peak	-0.35%	-0.22%	-0.13%
Average Drawdown Average peak-to-trough decline	-3.61%	-5.50%	+1.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	3.53%	-1.21%

Volatility

ESGC.TO vs. QQC-F.TO - Volatility Comparison

The current volatility for Invesco S&P/TSX Composite ESG Index ETF (ESGC.TO) is 4.19%, while Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a volatility of 4.49%. This indicates that ESGC.TO experiences smaller price fluctuations and is considered to be less risky than QQC-F.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESGC.TO	QQC-F.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	4.49%	-0.30%
Volatility (6M) Calculated over the trailing 6-month period	10.53%	12.08%	-1.55%
Volatility (1Y) Calculated over the trailing 1-year period	12.40%	15.89%	-3.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.67%	22.45%	-9.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.73%	22.54%	-9.81%

ESGC.TO vs. QQC-F.TO - Expense Ratio Comparison

ESGC.TO has a 0.15% expense ratio, which is lower than QQC-F.TO's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ESGC.TO vs. QQC-F.TO - Dividend Comparison

ESGC.TO's dividend yield for the trailing twelve months is around 2.13%, while QQC-F.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESGC.TO Invesco S&P/TSX Composite ESG Index ETF	2.13%	2.34%	2.60%	3.23%	2.98%	2.28%	0.67%	0.00%	0.00%	0.00%	0.00%	0.00%
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.00%	0.09%	0.50%	0.57%	0.89%	0.66%	0.49%	0.64%	0.77%	0.66%	0.81%	0.76%

Frequently Asked Questions

Can I hold both ESGC.TO and QQC-F.TO in my portfolio?

ESGC.TO and QQC-F.TO have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESGC.TO or QQC-F.TO?

On fees, ESGC.TO is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESGC.TO or QQC-F.TO?

ESGC.TO is cheaper with a 0.15% expense ratio, compared with 0.20% for QQC-F.TO.

What is the main difference between ESGC.TO and QQC-F.TO?

ESGC.TO is categorized as Canada Equities, while QQC-F.TO is Nasdaq-100. ESGC.TO tracks S&P/TSX Composite ESG Index, while QQC-F.TO tracks NASDAQ-100 Index. Their fees differ too: 0.15% for ESGC.TO and 0.20% for QQC-F.TO.