QQCE.TO vs. QQI.TO

Last updated Jun 4, 2026

QQCE.TO (Invesco ESG NASDAQ 100 Index ETF) and QQI.TO (BetaPro Nasdaq-100 Daily Inverse ETF) are both Nasdaq-100 funds - QQCE.TO tracks the NASDAQ-100 ESG Index while QQI.TO tracks the NASDAQ-100 Index (-100%). Both are passively managed. At a correlation of -0.78, they often move in opposite directions. QQCE.TO charges 0.21%/yr vs 1.15%/yr for QQI.TO.

Performance

QQCE.TO vs. QQI.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Invesco ESG NASDAQ 100 Index ETF (QQCE.TO) and BetaPro Nasdaq-100 Daily Inverse ETF (QQI.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQCE.TO achieves a 23.30% return, which is significantly higher than QQI.TO's -16.51% return.

QQCE.TO

• 1D: 0.16%
• 1M: 14.10%
• YTD: 23.30%
• 6M: 19.99%
• 1Y: 45.87%
• 3Y*: 30.82%
• 5Y*: —
• 10Y*: —

QQI.TO

• 1D: 0.06%
• 1M: -9.69%
• YTD: -16.51%
• 6M: -16.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQCE.TO vs. QQI.TO - Yearly Performance Comparison

	2026 (YTD)	2025
QQCE.TO Invesco ESG NASDAQ 100 Index ETF	23.30%	1.89%
QQI.TO BetaPro Nasdaq-100 Daily Inverse ETF	-16.51%	-3.15%

Correlation

The correlation between QQCE.TO and QQI.TO is -0.78, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 23, 2025	-0.78

Return for Risk

QQCE.TO vs. QQI.TO — Risk / Return Rank

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

QQCE.TO

QQCE.TO Risk / Return Rank: 76
QQCE.TO Sharpe Ratio Rank: 85
QQCE.TO Sortino Ratio Rank: 81
QQCE.TO Omega Ratio Rank: 82
QQCE.TO Calmar Ratio Rank: 71
QQCE.TO Martin Ratio Rank: 61

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.

QQCE.TO vs. QQI.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco ESG NASDAQ 100 Index ETF (QQCE.TO) and BetaPro Nasdaq-100 Daily Inverse ETF (QQI.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.

	QQCE.TO	QQI.TO	Difference
Sharpe ratio Return per unit of total volatility	2.80	—	—
Sortino ratio Return per unit of downside risk	3.60	—	—
Omega ratio Gain probability vs. loss probability	1.50	—	—
Calmar ratio Return relative to maximum drawdown	3.50	—	—
Martin ratio Return relative to average drawdown	10.72	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QQCE.TO	QQI.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	-1.43	+2.35

Drawdowns

QQCE.TO vs. QQI.TO - Drawdown Comparison

The maximum QQCE.TO drawdown since its inception was -30.86%, which is greater than QQI.TO's maximum drawdown of -25.19%. Use the drawdown chart below to compare losses from any high point for QQCE.TO and QQI.TO.

Drawdown Indicators

	QQCE.TO	QQI.TO	Difference
Max Drawdown Largest peak-to-trough decline	-30.86%	-25.19%	-5.67%
Max Drawdown (1Y) Largest decline over 1 year	-13.16%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.05%	—	—
Current Drawdown Current decline from peak	0.00%	-25.14%	+25.14%
Average Drawdown Average peak-to-trough decline	-8.70%	-6.88%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.29%	—	—

Volatility

Volatility by Period

	QQCE.TO	QQI.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.47%	18.46%	-1.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.71%	18.46%	+2.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.71%	18.46%	+2.25%

QQCE.TO vs. QQI.TO - Expense Ratio Comparison

QQCE.TO has a 0.21% expense ratio, which is lower than QQI.TO's 1.15% expense ratio.

Dividends

QQCE.TO vs. QQI.TO - Dividend Comparison

QQCE.TO's dividend yield for the trailing twelve months is around 0.26%, while QQI.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
QQCE.TO Invesco ESG NASDAQ 100 Index ETF	0.26%	0.32%	0.38%	0.44%	0.79%	0.14%
QQI.TO BetaPro Nasdaq-100 Daily Inverse ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QQCE.TO and QQI.TO in my portfolio?

QQCE.TO and QQI.TO have a correlation of -0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QQCE.TO or QQI.TO?

On fees, QQCE.TO is cheaper at 0.21% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQCE.TO or QQI.TO?

QQCE.TO is cheaper with a 0.21% expense ratio, compared with 1.15% for QQI.TO.

What is the main difference between QQCE.TO and QQI.TO?

QQCE.TO tracks NASDAQ-100 ESG Index, while QQI.TO tracks NASDAQ-100 Index (-100%). They also come from different issuers: Invesco and Global X. Their fees differ too: 0.21% for QQCE.TO and 1.15% for QQI.TO.