PSB.TO vs. QQC-F.TO
PSB.TO (Invesco 1-5 Year Laddered Investment Grade Corporate Bond Index ETF) and QQC-F.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) are both exchange-traded funds - PSB.TO is a Corporate Bonds fund tracking the FTSE Canada Investment Grade 1-5 Year Laddered Corporate Bond Index, while QQC-F.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, PSB.TO returned 2.68%/yr vs 20.25%/yr for QQC-F.TO. At a 0.00 correlation, their price movements are largely independent. PSB.TO charges 0.28%/yr vs 0.20%/yr for QQC-F.TO.
Performance
PSB.TO vs. QQC-F.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PSB.TO achieves a 1.49% return, which is significantly lower than QQC-F.TO's 16.21% return. Over the past 10 years, PSB.TO has underperformed QQC-F.TO with an annualized return of 2.68%, while QQC-F.TO has yielded a comparatively higher 20.25% annualized return.
PSB.TO
- 1D
- 0.11%
- 1M
- 0.21%
- 6M
- 1.49%
- YTD
- 1.49%
- 1Y
- 3.77%
- 3Y*
- 6.00%
- 5Y*
- 2.96%
- 10Y*
- 2.68%
QQC-F.TO
- 1D
- 1.18%
- 1M
- -3.08%
- 6M
- 16.50%
- YTD
- 16.21%
- 1Y
- 27.75%
- 3Y*
- 23.60%
- 5Y*
- 14.12%
- 10Y*
- 20.25%
PSB.TO vs. QQC-F.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSB.TO Invesco 1-5 Year Laddered Investment Grade Corporate Bond Index ETF | 1.49% | 4.68% | 7.08% | 6.44% | -3.89% | -0.97% | 6.08% | 4.25% | 1.59% | 0.23% |
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged | 16.21% | 18.79% | 24.19% | 52.81% | -33.42% | 27.15% | 45.04% | 37.63% | -2.23% | 31.94% |
Correlation
The correlation between PSB.TO and QQC-F.TO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2012 | 0.00 |
The correlation between PSB.TO and QQC-F.TO shifts across timeframes, from 0.00 (all time) to 0.17 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PSB.TO vs. QQC-F.TO — Risk / Return Rank
PSB.TO
QQC-F.TO
PSB.TO vs. QQC-F.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco 1-5 Year Laddered Investment Grade Corporate Bond Index ETF (PSB.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PSB.TO | QQC-F.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.27 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | 2.15 | +0.59 |
| Martin ratioReturn relative to average drawdown | 8.23 | 7.63 | +0.60 |
Loading charts...
Drawdowns
PSB.TO vs. QQC-F.TO - Drawdown Comparison
The maximum PSB.TO drawdown since its inception was -13.24%, smaller than the maximum QQC-F.TO drawdown of -36.03%. Use the drawdown chart below to compare losses from any high point for PSB.TO and QQC-F.TO.
Loading charts...
Drawdown Indicators
| PSB.TO | QQC-F.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.24% | -36.03% | +22.79% |
Max Drawdown (1Y)Largest decline over 1 year | -1.38% | -12.98% | +11.60% |
Max Drawdown (3Y)Largest decline over 3 years | -1.89% | -22.76% | +20.87% |
Max Drawdown (5Y)Largest decline over 5 years | -7.93% | -36.03% | +28.10% |
Max Drawdown (10Y)Largest decline over 10 years | -13.24% | -36.03% | +22.79% |
Current DrawdownCurrent decline from peak | -0.23% | -3.30% | +3.07% |
Average DrawdownAverage peak-to-trough decline | -1.00% | -5.48% | +4.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.46% | 3.65% | -3.19% |
Volatility
PSB.TO vs. QQC-F.TO - Volatility Comparison
The current volatility for Invesco 1-5 Year Laddered Investment Grade Corporate Bond Index ETF (PSB.TO) is 0.61%, while Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a volatility of 9.72%. This indicates that PSB.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.
Loading charts...
Volatility by Period
| PSB.TO | QQC-F.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.61% | 9.72% | -9.11% |
Volatility (6M)Calculated over the trailing 6-month period | 1.91% | 14.94% | -13.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.77% | 18.22% | -15.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.31% | 22.79% | -19.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.85% | 22.66% | -17.81% |
PSB.TO vs. QQC-F.TO - Expense Ratio Comparison
PSB.TO has a 0.28% expense ratio, which is higher than QQC-F.TO's 0.20% expense ratio.
Dividends
PSB.TO vs. QQC-F.TO - Dividend Comparison
PSB.TO's dividend yield for the trailing twelve months is around 3.21%, more than QQC-F.TO's 0.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSB.TO Invesco 1-5 Year Laddered Investment Grade Corporate Bond Index ETF | 3.21% | 3.18% | 3.12% | 3.09% | 3.13% | 2.91% | 2.74% | 3.00% | 3.37% | 3.61% | 4.01% | 4.04% |
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged | 0.33% | 0.39% | 0.50% | 0.57% | 0.89% | 0.66% | 0.49% | 0.64% | 0.77% | 0.66% | 0.81% | 0.76% |
Frequently Asked Questions
PSB.TO and QQC-F.TO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QQC-F.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QQC-F.TO is cheaper with a 0.20% expense ratio, compared with 0.28% for PSB.TO.
PSB.TO is categorized as Corporate Bonds, while QQC-F.TO is Nasdaq-100. PSB.TO tracks FTSE Canada Investment Grade 1-5 Year Laddered Corporate Bond Index, while QQC-F.TO tracks NASDAQ-100 Index. Their fees differ too: 0.28% for PSB.TO and 0.20% for QQC-F.TO.
Find the right allocation for PSB.TO and QQC-F.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer