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QQC-F.TO vs. HXQ.TO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QQC-F.TO and HXQ.TO is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

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

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

250.00%300.00%350.00%400.00%December2025FebruaryMarchAprilMay
288.41%
358.09%
QQC-F.TO
HXQ.TO

Key characteristics

Sharpe Ratio

QQC-F.TO:

0.50

HXQ.TO:

0.64

Sortino Ratio

QQC-F.TO:

0.87

HXQ.TO:

1.03

Omega Ratio

QQC-F.TO:

1.12

HXQ.TO:

1.15

Calmar Ratio

QQC-F.TO:

0.54

HXQ.TO:

0.69

Martin Ratio

QQC-F.TO:

1.77

HXQ.TO:

2.25

Ulcer Index

QQC-F.TO:

7.01%

HXQ.TO:

6.91%

Daily Std Dev

QQC-F.TO:

24.87%

HXQ.TO:

24.28%

Max Drawdown

QQC-F.TO:

-36.02%

HXQ.TO:

-31.60%

Current Drawdown

QQC-F.TO:

-10.45%

HXQ.TO:

-12.46%

Returns By Period

In the year-to-date period, QQC-F.TO achieves a -5.44% return, which is significantly higher than HXQ.TO's -8.63% return.


QQC-F.TO

YTD

-5.44%

1M

14.40%

6M

-0.77%

1Y

10.24%

5Y*

16.65%

10Y*

15.77%

HXQ.TO

YTD

-8.63%

1M

11.40%

6M

-0.40%

1Y

13.18%

5Y*

17.32%

10Y*

N/A

*Annualized

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

QQC-F.TO has a 0.20% expense ratio, which is lower than HXQ.TO's 0.25% 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%.


Risk-Adjusted Performance

QQC-F.TO vs. HXQ.TO — Risk-Adjusted Performance Rank

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

QQC-F.TO
The Risk-Adjusted Performance Rank of QQC-F.TO is 5151
Overall Rank
The Sharpe Ratio Rank of QQC-F.TO is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of QQC-F.TO is 5151
Sortino Ratio Rank
The Omega Ratio Rank of QQC-F.TO is 5050
Omega Ratio Rank
The Calmar Ratio Rank of QQC-F.TO is 5656
Calmar Ratio Rank
The Martin Ratio Rank of QQC-F.TO is 4949
Martin Ratio Rank

HXQ.TO
The Risk-Adjusted Performance Rank of HXQ.TO is 6060
Overall Rank
The Sharpe Ratio Rank of HXQ.TO is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of HXQ.TO is 5959
Sortino Ratio Rank
The Omega Ratio Rank of HXQ.TO is 5959
Omega Ratio Rank
The Calmar Ratio Rank of HXQ.TO is 6666
Calmar Ratio Rank
The Martin Ratio Rank of HXQ.TO is 5656
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QQC-F.TO vs. HXQ.TO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) and Horizons NASDAQ-100 Index ETF (HXQ.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.


The current QQC-F.TO Sharpe Ratio is 0.50, which is comparable to the HXQ.TO Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of QQC-F.TO and HXQ.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.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00December2025FebruaryMarchAprilMay
0.42
0.57
QQC-F.TO
HXQ.TO

Dividends

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

QQC-F.TO's dividend yield for the trailing twelve months is around 0.13%, while HXQ.TO has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
QQC-F.TO
Invesco NASDAQ 100 Index ETF CAD Hedged
0.13%0.24%0.57%0.89%0.66%0.49%0.64%0.77%0.66%0.81%0.76%1.03%
HXQ.TO
Horizons NASDAQ-100 Index ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

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

The maximum QQC-F.TO drawdown since its inception was -36.02%, which is greater than HXQ.TO's maximum drawdown of -31.60%. Use the drawdown chart below to compare losses from any high point for QQC-F.TO and HXQ.TO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-7.75%
-9.87%
QQC-F.TO
HXQ.TO

Volatility

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

Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a higher volatility of 16.43% compared to Horizons NASDAQ-100 Index ETF (HXQ.TO) at 15.59%. This indicates that QQC-F.TO's price experiences larger fluctuations and is considered to be riskier than HXQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%December2025FebruaryMarchAprilMay
16.43%
15.59%
QQC-F.TO
HXQ.TO