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PDC.TO vs. QQC.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

PDC.TO vs. QQC.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco Canadian Dividend Index ETF (PDC.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO).

PDC.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. PDC.TO is managed by Invesco. 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.

Performance

PDC.TO vs. QQC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Invesco Canadian Dividend Index ETF (PDC.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO). The values are adjusted to include any dividend payments, if applicable.

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PDC.TO vs. QQC.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021
PDC.TO
Invesco Canadian Dividend Index ETF		9.18%21.62%16.14%6.74%-4.34%9.06%
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged		-4.69%15.38%35.73%51.73%-28.07%25.01%

Returns By Period

In the year-to-date period, PDC.TO achieves a 9.18% return, which is significantly higher than QQC.TO's -4.69% return.

PDC.TO

1D
1.12%
1M
-1.10%
YTD
9.18%
6M
10.22%
1Y
30.92%
3Y*
17.13%
5Y*
12.79%
10Y*
10.43%

QQC.TO

1D
3.16%
1M
-2.97%
YTD
-4.69%
6M
-3.66%
1Y
19.58%
3Y*
23.41%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco Canadian Dividend Index ETF

Invesco NASDAQ 100 Index ETF CAD Hedged

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Often compared with QQC.TO:
QQC.TO vs. VFV.TOQQC.TO vs. XQQ.TOQQC.TO vs. QQQQQC.TO vs. HXQ.TOQQC.TO vs. TEC.TOQQC.TO vs. QQC-F.TOQQC.TO vs. QQQM

PDC.TO vs. QQC.TO - Expense Ratio Comparison

PDC.TO has a 0.58% expense ratio, which is higher than QQC.TO's 0.20% expense ratio.

PDC.TO
Invesco Canadian Dividend Index ETF
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged

Return for Risk

PDC.TO vs. QQC.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PDC.TO
PDC.TO Risk / Return Rank: 9797
Overall Rank
PDC.TO Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
PDC.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
PDC.TO Omega Ratio Rank: 9898
Omega Ratio Rank
PDC.TO Calmar Ratio Rank: 9494
Calmar Ratio Rank
PDC.TO Martin Ratio Rank: 9797
Martin Ratio Rank
QQC.TO
QQC.TO Risk / Return Rank: 5757
Overall Rank
QQC.TO Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
QQC.TO Sortino Ratio Rank: 5555
Sortino Ratio Rank
QQC.TO Omega Ratio Rank: 5858
Omega Ratio Rank
QQC.TO Calmar Ratio Rank: 6666
Calmar Ratio Rank
QQC.TO Martin Ratio Rank: 5353
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.

PDC.TO vs. QQC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Canadian Dividend Index ETF (PDC.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.

PDC.TOQQC.TODifference

Sharpe ratio

Return per unit of total volatility

3.10

0.88

+2.22

Sortino ratio

Return per unit of downside risk

3.72

1.35

+2.38

Omega ratio

Gain probability vs. loss probability

1.68

1.20

+0.48

Calmar ratio

Return relative to maximum drawdown

3.76

1.55

+2.21

Martin ratio

Return relative to average drawdown

19.20

4.67

+14.53

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

PDC.TO vs. QQC.TO - Sharpe Ratio Comparison

The current PDC.TO Sharpe Ratio is 3.10, which is higher than the QQC.TO Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of PDC.TO and QQC.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

PDC.TOQQC.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.10

0.88

+2.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.20

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.69

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.71

0.76

-0.04

Correlation

The correlation between PDC.TO and QQC.TO is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PDC.TO vs. QQC.TO - Dividend Comparison

PDC.TO's dividend yield for the trailing twelve months is around 3.57%, more than QQC.TO's 0.41% yield.

TTM20252024202320222021202020192018201720162015
PDC.TO
Invesco Canadian Dividend Index ETF		3.57%3.84%4.29%4.56%4.05%3.49%4.85%4.14%4.90%4.05%3.61%4.20%
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged		0.41%0.39%0.45%0.54%0.91%0.56%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PDC.TO vs. QQC.TO - Drawdown Comparison

The maximum PDC.TO drawdown since its inception was -41.94%, which is greater than QQC.TO's maximum drawdown of -31.81%. Use the drawdown chart below to compare losses from any high point for PDC.TO and QQC.TO.

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Drawdown Indicators

PDC.TOQQC.TODifference

Max Drawdown

Largest peak-to-trough decline

-41.94%

-31.81%

-10.13%

Max Drawdown (1Y)

Largest decline over 1 year

-8.43%

-13.02%

+4.59%

Max Drawdown (5Y)

Largest decline over 5 years

-18.24%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-41.94%

—

—

Current Drawdown

Current decline from peak

-1.72%

-9.37%

+7.65%

Average Drawdown

Average peak-to-trough decline

-4.61%

-8.30%

+3.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.65%

4.31%

-2.66%

Volatility

PDC.TO vs. QQC.TO - Volatility Comparison

The current volatility for Invesco Canadian Dividend Index ETF (PDC.TO) is 3.33%, while Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) has a volatility of 6.26%. This indicates that PDC.TO experiences smaller price fluctuations and is considered to be less risky 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

PDC.TOQQC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.33%

6.26%

-2.93%

Volatility (6M)

Calculated over the trailing 6-month period

6.85%

12.44%

-5.59%

Volatility (1Y)

Calculated over the trailing 1-year period

10.03%

22.28%

-12.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.76%

20.98%

-10.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.28%

20.98%

-5.70%