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QQC-F.TO vs. QQQM
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QQC-F.TO vs. QQQM

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) and Invesco NASDAQ 100 ETF (QQQM).

QQC-F.TO and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQC-F.TO is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on May 27, 2021. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both QQC-F.TO and QQQM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QQC-F.TO vs. QQQM - 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 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

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

2026 (YTD)202520242023202220212020
QQC-F.TO
Invesco NASDAQ 100 Index ETF CAD Hedged		-5.48%18.41%24.19%52.81%-33.42%27.15%6.36%
QQQM
Invesco NASDAQ 100 ETF		-3.54%15.31%36.48%51.60%-27.71%26.30%3.58%
Different Trading Currencies

QQC-F.TO is traded in CAD, while QQQM is traded in USD. To make them comparable, the QQQM values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QQC-F.TO achieves a -5.48% return, which is significantly lower than QQQM's -4.65% return.

QQC-F.TO

1D
1.03%
1M
-4.11%
YTD
-5.48%
6M
-4.18%
1Y
21.25%
3Y*
20.89%
5Y*
11.67%
10Y*
17.51%

QQQM

1D
0.00%
1M
-3.33%
YTD
-4.65%
6M
-4.25%
1Y
19.37%
3Y*
23.58%
5Y*
15.31%
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 NASDAQ 100 Index ETF CAD Hedged

Invesco NASDAQ 100 ETF

Often compared with QQC-F.TO:
QQC-F.TO vs. QQC.TOQQC-F.TO vs. QQQQQC-F.TO vs. XEQT.TOQQC-F.TO vs. HXQ.TOQQC-F.TO vs. XQQ.TOQQC-F.TO vs. MON100.NSQQC-F.TO vs. HTAE.TO
Often compared with QQQM:
QQQM vs. QQQQQQM vs. SCHGQQQM vs. VOOQQQM vs. VGTQQQM vs. SCHDQQQM vs. JEPQQQQM vs. FTEC

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

QQC-F.TO has a 0.20% expense ratio, which is higher than QQQM'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%.

QQC-F.TO
Invesco NASDAQ 100 Index ETF CAD Hedged
QQQM
Invesco NASDAQ 100 ETF

Return for Risk

QQC-F.TO vs. QQQM — 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: 5656
Overall Rank
QQC-F.TO Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
QQC-F.TO Sortino Ratio Rank: 5656
Sortino Ratio Rank
QQC-F.TO Omega Ratio Rank: 5454
Omega Ratio Rank
QQC-F.TO Calmar Ratio Rank: 6363
Calmar Ratio Rank
QQC-F.TO Martin Ratio Rank: 5858
Martin Ratio Rank
QQQM
QQQM Risk / Return Rank: 6666
Overall Rank
QQQM Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
QQQM Sortino Ratio Rank: 6363
Sortino Ratio Rank
QQQM Omega Ratio Rank: 6363
Omega Ratio Rank
QQQM Calmar Ratio Rank: 7575
Calmar Ratio Rank
QQQM Martin Ratio Rank: 6969
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.

QQC-F.TO vs. QQQM - 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 ETF (QQQM). 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.TOQQQMDifference

Sharpe ratio

Return per unit of total volatility

0.96

0.88

+0.08

Sortino ratio

Return per unit of downside risk

1.52

1.35

+0.16

Omega ratio

Gain probability vs. loss probability

1.21

1.20

+0.01

Calmar ratio

Return relative to maximum drawdown

1.68

1.59

+0.09

Martin ratio

Return relative to average drawdown

5.88

4.59

+1.29

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. QQQM - Sharpe Ratio Comparison

The current QQC-F.TO Sharpe Ratio is 0.96, which is comparable to the QQQM Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of QQC-F.TO and QQQM, 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

QQC-F.TOQQQMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.96

0.88

+0.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

0.75

-0.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.78

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.84

0.73

+0.11

Correlation

The correlation between QQC-F.TO and QQQM is 0.89, 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.

Dividends

QQC-F.TO vs. QQQM - Dividend Comparison

QQC-F.TO has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.53%.

TTM20252024202320222021202020192018201720162015
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%
QQQM
Invesco NASDAQ 100 ETF		0.53%0.50%0.61%0.65%0.83%0.40%0.16%0.00%0.00%0.00%0.00%0.00%

Drawdowns

QQC-F.TO vs. QQQM - Drawdown Comparison

The maximum QQC-F.TO drawdown since its inception was -36.03%, which is greater than QQQM's maximum drawdown of -31.71%. Use the drawdown chart below to compare losses from any high point for QQC-F.TO and QQQM.

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Drawdown Indicators

QQC-F.TOQQQMDifference

Max Drawdown

Largest peak-to-trough decline

-36.03%

-35.04%

-0.99%

Max Drawdown (1Y)

Largest decline over 1 year

-13.16%

-12.55%

-0.61%

Max Drawdown (5Y)

Largest decline over 5 years

-36.03%

-35.04%

-0.99%

Max Drawdown (10Y)

Largest decline over 10 years

-36.03%

—

—

Current Drawdown

Current decline from peak

-9.00%

-7.86%

-1.14%

Average Drawdown

Average peak-to-trough decline

-5.55%

-8.47%

+2.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.76%

3.44%

+0.32%

Volatility

QQC-F.TO vs. QQQM - Volatility Comparison

Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a higher volatility of 6.70% compared to Invesco NASDAQ 100 ETF (QQQM) at 6.30%. This indicates that QQC-F.TO's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQC-F.TOQQQMDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.70%

6.30%

+0.40%

Volatility (6M)

Calculated over the trailing 6-month period

12.87%

12.63%

+0.24%

Volatility (1Y)

Calculated over the trailing 1-year period

22.30%

22.10%

+0.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.47%

20.57%

+1.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.49%

20.60%

+1.89%