QQC-F.TO vs. ESGC.TO

Last updated Jun 4, 2026

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

Performance

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

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

Returns By Period

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

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%

ESGC.TO

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

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

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

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

Correlation

The correlation between QQC-F.TO and ESGC.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

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

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

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

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

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.

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

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

	QQC-F.TO	ESGC.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.43	2.82	-0.39
Sortino ratio: Return per unit of downside risk	3.23	3.81	-0.58
Omega ratio: Gain probability vs. loss probability	1.42	1.55	-0.13
Calmar ratio: Return relative to maximum drawdown	2.93	3.45	-0.52
Martin ratio: Return relative to average drawdown	10.91	15.05	-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.

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

The current QQC-F.TO Sharpe Ratio is 2.43, which is comparable to the ESGC.TO Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of QQC-F.TO and ESGC.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

	QQC-F.TO	ESGC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.43	2.82	-0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	1.09	-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	0.92	1.26	-0.33

Drawdowns

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

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

Drawdown Indicators

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

Volatility

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

Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a higher volatility of 4.49% compared to Invesco S&P/TSX Composite ESG Index ETF (ESGC.TO) at 4.19%. This indicates that QQC-F.TO's price experiences larger fluctuations and is considered to be riskier than ESGC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

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

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

Dividends

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

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

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 QQC-F.TO and ESGC.TO in my portfolio?

QQC-F.TO and ESGC.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, QQC-F.TO or ESGC.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, QQC-F.TO or ESGC.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 QQC-F.TO and ESGC.TO?

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