QQC-F.TO vs. QQCI.TO

Last updated Jun 4, 2026

QQC-F.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) and QQCI.TO (Invesco NASDAQ 100 Income Advantage ETF) are both Nasdaq-100 funds from Invesco tracking the NASDAQ-100 Index. Both are passively managed. Over the past year, QQC-F.TO returned 38.43% vs 34.93% for QQCI.TO. A 0.76 correlation means they provide meaningful diversification when combined.

Performance

QQC-F.TO vs. QQCI.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 NASDAQ 100 Income Advantage ETF (QQCI.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 QQCI.TO's 16.01% 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%

QQCI.TO

• 1D: 0.35%
• 1M: 9.28%
• YTD: 16.01%
• 6M: 14.16%
• 1Y: 34.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025	2024
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	19.79%	18.41%	6.03%
QQCI.TO Invesco NASDAQ 100 Income Advantage ETF	16.01%	12.64%	11.70%

Correlation

The correlation between QQC-F.TO and QQCI.TO is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since Aug 20, 2024	0.76

The correlation between QQC-F.TO and QQCI.TO has been stable across timeframes, ranging from 0.76 to 0.83 - a consistent structural relationship.

QQC-F.TO vs. QQCI.TO - Sectors Allocation Comparison

Sectors	QQC-F.TO	QQCI.TO
Technology	53.8%	53.8%
Communication Services	15.8%	15.8%
Consumer Cyclical	12.3%	12.3%
Consumer Defensive	7.7%	7.7%
Healthcare	4.2%	4.2%
Industrials	2.8%	2.8%
Utilities	1.4%	1.4%
Basic Materials	1.1%	1.1%
Energy	0.6%	0.6%
Financial Services	0.2%	0.2%
Real Estate	0.1%	0.1%

Return for Risk

QQC-F.TO vs. QQCI.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

QQCI.TO

QQCI.TO Risk / Return Rank: 82
QQCI.TO Sharpe Ratio Rank: 83
QQCI.TO Sortino Ratio Rank: 80
QQCI.TO Omega Ratio Rank: 82
QQCI.TO Calmar Ratio Rank: 85
QQCI.TO Martin Ratio Rank: 82

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. QQCI.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 NASDAQ 100 Income Advantage ETF (QQCI.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	QQCI.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.43	2.71	-0.27
Sortino ratio: Return per unit of downside risk	3.23	3.60	-0.37
Omega ratio: Gain probability vs. loss probability	1.42	1.49	-0.08
Calmar ratio: Return relative to maximum drawdown	2.93	4.61	-1.67
Martin ratio: Return relative to average drawdown	10.91	16.33	-5.42
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. QQCI.TO - Sharpe Ratio Comparison

The current QQC-F.TO Sharpe Ratio is 2.43, which is comparable to the QQCI.TO Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of QQC-F.TO and QQCI.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	QQCI.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.43	2.71	-0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	—	—
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	1.52	-0.60

Drawdowns

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

The maximum QQC-F.TO drawdown since its inception was -36.03%, which is greater than QQCI.TO's maximum drawdown of -18.95%. Use the drawdown chart below to compare losses from any high point for QQC-F.TO and QQCI.TO.

Drawdown Indicators

	QQC-F.TO	QQCI.TO	Difference
Max Drawdown Largest peak-to-trough decline	-36.03%	-18.95%	-17.08%
Max Drawdown (1Y) Largest decline over 1 year	-13.16%	-7.62%	-5.54%
Max Drawdown (3Y) Largest decline over 3 years	-22.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.03%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.03%	—	—
Current Drawdown Current decline from peak	-0.22%	0.00%	-0.22%
Average Drawdown Average peak-to-trough decline	-5.50%	-3.10%	-2.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.53%	2.14%	+1.39%

Volatility

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

Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a higher volatility of 4.49% compared to Invesco NASDAQ 100 Income Advantage ETF (QQCI.TO) at 3.32%. This indicates that QQC-F.TO's price experiences larger fluctuations and is considered to be riskier than QQCI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQC-F.TO	QQCI.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	3.32%	+1.17%
Volatility (6M) Calculated over the trailing 6-month period	12.08%	9.39%	+2.69%
Volatility (1Y) Calculated over the trailing 1-year period	15.89%	12.98%	+2.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.45%	15.55%	+6.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.54%	15.55%	+6.99%

Dividends

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

QQC-F.TO has not paid dividends to shareholders, while QQCI.TO's dividend yield for the trailing twelve months is around 8.60%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
QQCI.TO Invesco NASDAQ 100 Income Advantage ETF	8.60%	9.34%	3.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QQC-F.TO and QQCI.TO in my portfolio?

QQC-F.TO and QQCI.TO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between QQC-F.TO and QQCI.TO?

Both ETFs track NASDAQ-100 Index.