QQI.TO vs. QQC-F.TO

Last updated Jul 1, 2026

QQI.TO (BetaPro Nasdaq-100 Daily Inverse ETF) and QQC-F.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) are both Nasdaq-100 funds - QQI.TO tracks the NASDAQ-100 Index (-100%) while QQC-F.TO tracks the NASDAQ-100 Index. Both are passively managed. At a correlation of -0.86, they often move in opposite directions. QQI.TO charges 1.15%/yr vs 0.20%/yr for QQC-F.TO.

Performance

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

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

Returns By Period

In the year-to-date period, QQI.TO achieves a -16.04% return, which is significantly lower than QQC-F.TO's 18.52% return.

QQI.TO

• 1D: -2.02%
• 1M: -0.31%
• YTD: -16.04%
• 6M: -16.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQC-F.TO

• 1D: 1.76%
• 1M: -0.49%
• YTD: 18.52%
• 6M: 17.51%
• 1Y: 31.28%
• 3Y*: 24.50%
• 5Y*: 14.84%
• 10Y*: 20.46%

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

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

	2026 (YTD)	2025
QQI.TO BetaPro Nasdaq-100 Daily Inverse ETF	-16.04%	-3.15%
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	18.52%	2.32%

Correlation

The correlation between QQI.TO and QQC-F.TO is -0.86, 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 22, 2025	-0.86

Return for Risk

QQI.TO vs. QQC-F.TO — Risk / Return Rank

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

QQI.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QQC-F.TO

QQC-F.TO Risk / Return Rank: 59
QQC-F.TO Sharpe Ratio Rank: 62
QQC-F.TO Sortino Ratio Rank: 59
QQC-F.TO Omega Ratio Rank: 59
QQC-F.TO Calmar Ratio Rank: 57
QQC-F.TO Martin Ratio Rank: 57

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.

QQI.TO vs. QQC-F.TO - Risk-Adjusted Trends Comparison

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

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QQI.TO	QQC-F.TO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.76	—
Sortino ratio: Return per unit of downside risk	—	2.37	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.42	—
Martin ratio: Return relative to average drawdown	—	8.64	—

Drawdowns

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

The maximum QQI.TO drawdown since its inception was -25.23%, smaller than the maximum QQC-F.TO drawdown of -36.03%. Use the drawdown chart below to compare losses from any high point for QQI.TO and QQC-F.TO.

Drawdown Indicators

	QQI.TO	QQC-F.TO	Difference
Max Drawdown Largest peak-to-trough decline	-25.23%	-36.03%	+10.80%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.98%	—
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	-24.72%	-1.38%	-23.34%
Average Drawdown Average peak-to-trough decline	-8.42%	-5.48%	-2.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.63%	—

Volatility

Volatility by Period

	QQI.TO	QQC-F.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.26%	17.91%	+2.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.26%	22.76%	-2.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.26%	22.64%	-2.38%

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

QQI.TO has a 1.15% expense ratio, which is higher than QQC-F.TO's 0.20% expense ratio.

Dividends

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

QQI.TO has not paid dividends to shareholders, while QQC-F.TO's dividend yield for the trailing twelve months is around 0.33%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.33%	0.39%	0.50%	0.57%	0.89%	0.66%	0.49%	0.64%	0.77%	0.66%	0.81%	0.76%
QQI.TO BetaPro Nasdaq-100 Daily Inverse 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%

Frequently Asked Questions

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

QQI.TO and QQC-F.TO have a correlation of -0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QQI.TO or QQC-F.TO?

On fees, QQC-F.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQI.TO or QQC-F.TO?

QQC-F.TO is cheaper with a 0.20% expense ratio, compared with 1.15% for QQI.TO.

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

QQI.TO tracks NASDAQ-100 Index (-100%), while QQC-F.TO tracks NASDAQ-100 Index. They also come from different issuers: Global X and Invesco. Their fees differ too: 1.15% for QQI.TO and 0.20% for QQC-F.TO.