HXX.TO vs. QQC.TO
Compare and contrast key facts about Global X Europe 50 Index Corporate Class ETF (HXX.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO).
HXX.TO and QQC.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HXX.TO is a passively managed fund by Global X that tracks the performance of the Solactive Europe 50 Rolling Future Index (Total Return). It was launched on Dec 6, 2016. QQC.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 HXX.TO and QQC.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
HXX.TO vs. QQC.TO - Performance Comparison
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HXX.TO vs. QQC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HXX.TO Global X Europe 50 Index Corporate Class ETF | -2.56% | 31.10% | 11.15% | 24.55% | -9.72% | 4.81% |
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged | -3.76% | 15.38% | 35.73% | 51.73% | -28.07% | 25.01% |
Returns By Period
In the year-to-date period, HXX.TO achieves a -2.56% return, which is significantly higher than QQC.TO's -3.76% return.
HXX.TO
- 1D
- 3.65%
- 1M
- -7.63%
- YTD
- -2.56%
- 6M
- 0.36%
- 1Y
- 13.23%
- 3Y*
- 14.99%
- 5Y*
- 11.63%
- 10Y*
- —
QQC.TO
- 1D
- 0.97%
- 1M
- -2.39%
- YTD
- -3.76%
- 6M
- -3.22%
- 1Y
- 20.45%
- 3Y*
- 23.81%
- 5Y*
- —
- 10Y*
- —
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HXX.TO vs. QQC.TO - Expense Ratio Comparison
HXX.TO has a 0.19% expense ratio, which is lower than QQC.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%.
Return for Risk
HXX.TO vs. QQC.TO — Risk / Return Rank
HXX.TO
QQC.TO
HXX.TO vs. QQC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Europe 50 Index Corporate Class ETF (HXX.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.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.
| HXX.TO | QQC.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 0.92 | -0.23 |
Sortino ratioReturn per unit of downside risk | 1.06 | 1.39 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.21 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.89 | 1.59 | -0.70 |
Martin ratioReturn relative to average drawdown | 3.19 | 4.77 | -1.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HXX.TO | QQC.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 0.92 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.77 | -0.20 |
Correlation
The correlation between HXX.TO and QQC.TO is 0.54, 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
HXX.TO vs. QQC.TO - Dividend Comparison
HXX.TO has not paid dividends to shareholders, while QQC.TO's dividend yield for the trailing twelve months is around 0.40%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HXX.TO Global X Europe 50 Index Corporate Class ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged | 0.40% | 0.39% | 0.45% | 0.54% | 0.91% | 0.56% |
Drawdowns
HXX.TO vs. QQC.TO - Drawdown Comparison
The maximum HXX.TO drawdown since its inception was -33.23%, roughly equal to the maximum QQC.TO drawdown of -31.81%. Use the drawdown chart below to compare losses from any high point for HXX.TO and QQC.TO.
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Drawdown Indicators
| HXX.TO | QQC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.23% | -31.81% | -1.42% |
Max Drawdown (1Y)Largest decline over 1 year | -13.34% | -13.02% | -0.32% |
Max Drawdown (5Y)Largest decline over 5 years | -28.91% | — | — |
Current DrawdownCurrent decline from peak | -8.76% | -8.49% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -8.30% | +2.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.73% | 4.35% | -0.62% |
Volatility
HXX.TO vs. QQC.TO - Volatility Comparison
Global X Europe 50 Index Corporate Class ETF (HXX.TO) has a higher volatility of 8.98% compared to Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) at 6.27%. This indicates that HXX.TO's price experiences larger fluctuations and is considered to be riskier than QQC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HXX.TO | QQC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.98% | 6.27% | +2.71% |
Volatility (6M)Calculated over the trailing 6-month period | 12.68% | 12.47% | +0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.35% | 22.29% | -2.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.15% | 20.97% | -2.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.78% | 20.97% | -2.19% |