QQC.TO vs. TEC.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) and TD Global Technology Leaders Index ETF (TEC.TO).

QQC.TO and TEC.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQC.TO is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on May 27, 2021. TEC.TO is a passively managed fund by TD that tracks the performance of the Solactive Global Technology Leaders Index. It was launched on Mar 29, 2022. Both QQC.TO and TEC.TO 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.TO vs. TEC.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.TO) and TD Global Technology Leaders Index ETF (TEC.TO). The values are adjusted to include any dividend payments, if applicable.

QQC.TO vs. TEC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	-4.69%	15.38%	35.73%	51.73%	-28.07%	25.01%
TEC.TO TD Global Technology Leaders Index ETF	-9.09%	15.45%	45.60%	53.28%	-32.19%	23.59%

Returns By Period

In the year-to-date period, QQC.TO achieves a -4.69% return, which is significantly higher than TEC.TO's -9.09% return.

QQC.TO

• 1D: 3.16%
• 1M: -2.97%
• YTD: -4.69%
• 6M: -3.66%
• 1Y: 19.58%
• 3Y*: 23.41%
• 5Y*: —
• 10Y*: —

TEC.TO

• 1D: 3.86%
• 1M: -3.17%
• YTD: -9.09%
• 6M: -8.64%
• 1Y: 18.11%
• 3Y*: 24.37%
• 5Y*: 14.22%
• 10Y*: —

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

QQC.TO vs. TEC.TO - Expense Ratio Comparison

QQC.TO has a 0.20% expense ratio, which is lower than TEC.TO's 0.35% expense ratio.

TEC.TO

TD Global Technology Leaders Index ETF

QQC.TO

Invesco NASDAQ 100 Index ETF CAD Hedged

Return for Risk

QQC.TO vs. TEC.TO — Risk / Return Rank

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

QQC.TO

QQC.TO Risk / Return Rank: 57
QQC.TO Sharpe Ratio Rank: 53
QQC.TO Sortino Ratio Rank: 55
QQC.TO Omega Ratio Rank: 58
QQC.TO Calmar Ratio Rank: 66
QQC.TO Martin Ratio Rank: 53

TEC.TO

TEC.TO Risk / Return Rank: 44
TEC.TO Sharpe Ratio Rank: 44
TEC.TO Sortino Ratio Rank: 47
TEC.TO Omega Ratio Rank: 48
TEC.TO Calmar Ratio Rank: 45
TEC.TO Martin Ratio Rank: 36

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.TO vs. TEC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) and TD Global Technology Leaders Index ETF (TEC.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.TO	TEC.TO	Difference
Sharpe ratio Return per unit of total volatility	0.88	0.75	+0.13
Sortino ratio Return per unit of downside risk	1.35	1.19	+0.16
Omega ratio Gain probability vs. loss probability	1.20	1.17	+0.03
Calmar ratio Return relative to maximum drawdown	1.55	1.04	+0.51
Martin ratio Return relative to average drawdown	4.67	3.05	+1.62
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.TO vs. TEC.TO - Sharpe Ratio Comparison

The current QQC.TO Sharpe Ratio is 0.88, which is comparable to the TEC.TO Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of QQC.TO and TEC.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.

Sharpe Ratios by Period

	QQC.TO	TEC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	0.75	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.80	-0.04

Correlation

The correlation between QQC.TO and TEC.TO is 0.95, 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.TO vs. TEC.TO - Dividend Comparison

QQC.TO's dividend yield for the trailing twelve months is around 0.41%, more than TEC.TO's 0.13% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.41%	0.39%	0.45%	0.54%	0.91%	0.56%	0.00%	0.00%
TEC.TO TD Global Technology Leaders Index ETF	0.13%	0.13%	0.12%	0.21%	0.31%	0.22%	0.33%	0.28%

Drawdowns

QQC.TO vs. TEC.TO - Drawdown Comparison

The maximum QQC.TO drawdown since its inception was -31.81%, smaller than the maximum TEC.TO drawdown of -35.31%. Use the drawdown chart below to compare losses from any high point for QQC.TO and TEC.TO.

Drawdown Indicators

	QQC.TO	TEC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-31.81%	-35.31%	+3.50%
Max Drawdown (1Y) Largest decline over 1 year	-13.02%	-17.52%	+4.50%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.31%	—
Current Drawdown Current decline from peak	-9.37%	-14.34%	+4.97%
Average Drawdown Average peak-to-trough decline	-8.30%	-8.17%	-0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.31%	5.98%	-1.67%

Volatility

QQC.TO vs. TEC.TO - Volatility Comparison

The current volatility for Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) is 6.26%, while TD Global Technology Leaders Index ETF (TEC.TO) has a volatility of 6.90%. This indicates that QQC.TO experiences smaller price fluctuations and is considered to be less risky than TEC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQC.TO	TEC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.26%	6.90%	-0.64%
Volatility (6M) Calculated over the trailing 6-month period	12.44%	13.42%	-0.98%
Volatility (1Y) Calculated over the trailing 1-year period	22.28%	24.28%	-2.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.98%	22.32%	-1.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.98%	23.92%	-2.94%