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ETSX.TO vs. QQC-F.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETSX.TO vs. QQC-F.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged (ETSX.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO).

ETSX.TO and QQC-F.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ETSX.TO is a passively managed fund by Evolve that tracks the performance of the S&P/TSX 60. It was launched on Jan 9, 2023. QQC-F.TO is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on May 27, 2021. Both ETSX.TO and QQC-F.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

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

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged (ETSX.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO). The values are adjusted to include any dividend payments, if applicable.

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

2026 (YTD)202520242023
ETSX.TO
Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged		2.12%25.93%18.50%6.16%
QQC-F.TO
Invesco NASDAQ 100 Index ETF CAD Hedged		-5.48%18.41%24.19%46.57%

Returns By Period

In the year-to-date period, ETSX.TO achieves a 2.12% return, which is significantly higher than QQC-F.TO's -5.48% return.

ETSX.TO

1D
0.47%
1M
-3.35%
YTD
2.12%
6M
7.87%
1Y
26.61%
3Y*
17.31%
5Y*
—
10Y*
—

QQC-F.TO

1D
1.03%
1M
-4.11%
YTD
-5.48%
6M
-4.18%
1Y
21.25%
3Y*
20.89%
5Y*
11.67%
10Y*
17.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged

Invesco NASDAQ 100 Index ETF CAD Hedged

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ETSX.TO vs. KNGC.TOETSX.TO vs. TQCD.TOETSX.TO vs. FCUQ.TOETSX.TO vs. TULV.TOETSX.TO vs. UTES.TOETSX.TO vs. TPU.TOETSX.TO vs. HDIV.TO
Often compared with QQC-F.TO:
QQC-F.TO vs. QQC.TOQQC-F.TO vs. QQQQQC-F.TO vs. XEQT.TOQQC-F.TO vs. HXQ.TOQQC-F.TO vs. QQQMQQC-F.TO vs. XQQ.TOQQC-F.TO vs. MON100.NS

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

ETSX.TO has a 0.45% expense ratio, which is higher than QQC-F.TO's 0.20% expense ratio.

ETSX.TO
Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged
QQC-F.TO
Invesco NASDAQ 100 Index ETF CAD Hedged

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ETSX.TO
ETSX.TO Risk / Return Rank: 8989
Overall Rank
ETSX.TO Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
ETSX.TO Sortino Ratio Rank: 9090
Sortino Ratio Rank
ETSX.TO Omega Ratio Rank: 9090
Omega Ratio Rank
ETSX.TO Calmar Ratio Rank: 8686
Calmar Ratio Rank
ETSX.TO Martin Ratio Rank: 9292
Martin Ratio Rank
QQC-F.TO
QQC-F.TO Risk / Return Rank: 5656
Overall Rank
QQC-F.TO Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
QQC-F.TO Sortino Ratio Rank: 5656
Sortino Ratio Rank
QQC-F.TO Omega Ratio Rank: 5454
Omega Ratio Rank
QQC-F.TO Calmar Ratio Rank: 6363
Calmar Ratio Rank
QQC-F.TO Martin Ratio Rank: 5858
Martin Ratio Rank
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.

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

This table presents a comparison of risk-adjusted performance metrics for Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged (ETSX.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.

ETSX.TOQQC-F.TODifference

Sharpe ratio

Return per unit of total volatility

1.97

0.96

+1.01

Sortino ratio

Return per unit of downside risk

2.67

1.52

+1.16

Omega ratio

Gain probability vs. loss probability

1.40

1.21

+0.19

Calmar ratio

Return relative to maximum drawdown

2.89

1.68

+1.21

Martin ratio

Return relative to average drawdown

14.19

5.88

+8.32

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current ETSX.TO Sharpe Ratio is 1.97, which is higher than the QQC-F.TO Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of ETSX.TO and QQC-F.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.

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Sharpe Ratios by Period

ETSX.TOQQC-F.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.97

0.96

+1.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.52

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.78

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.37

0.84

+0.53

Correlation

The correlation between ETSX.TO and QQC-F.TO is 0.42, 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

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

ETSX.TO's dividend yield for the trailing twelve months is around 9.53%, while QQC-F.TO has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
ETSX.TO
Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged		9.53%9.39%9.20%9.92%0.00%0.00%0.00%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%

Drawdowns

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

The maximum ETSX.TO drawdown since its inception was -12.23%, smaller than the maximum QQC-F.TO drawdown of -36.03%. Use the drawdown chart below to compare losses from any high point for ETSX.TO and QQC-F.TO.

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Drawdown Indicators

ETSX.TOQQC-F.TODifference

Max Drawdown

Largest peak-to-trough decline

-12.23%

-36.03%

+23.80%

Max Drawdown (1Y)

Largest decline over 1 year

-9.97%

-13.16%

+3.19%

Max Drawdown (5Y)

Largest decline over 5 years

—

-36.03%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-36.03%

—

Current Drawdown

Current decline from peak

-3.59%

-9.00%

+5.41%

Average Drawdown

Average peak-to-trough decline

-1.69%

-5.55%

+3.86%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.03%

3.76%

-1.73%

Volatility

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

The current volatility for Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged (ETSX.TO) is 5.15%, while Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a volatility of 6.70%. This indicates that ETSX.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.

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Volatility by Period

ETSX.TOQQC-F.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.15%

6.70%

-1.55%

Volatility (6M)

Calculated over the trailing 6-month period

9.28%

12.87%

-3.59%

Volatility (1Y)

Calculated over the trailing 1-year period

13.69%

22.30%

-8.61%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.78%

22.47%

-10.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.78%

22.49%

-10.71%