QQI.TO vs. QQC.TO

Last updated Jun 4, 2026

QQI.TO (BetaPro Nasdaq-100 Daily Inverse ETF) and QQC.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) are both Nasdaq-100 funds - QQI.TO tracks the NASDAQ-100 Index (-100%) while QQC.TO tracks the NASDAQ-100 Index. Both are passively managed. At a correlation of -0.81, they often move in opposite directions. QQI.TO charges 1.15%/yr vs 0.20%/yr for QQC.TO.

Performance

QQI.TO vs. QQC.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.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 -16.51% return, which is significantly lower than QQC.TO's 22.65% return.

QQI.TO

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

QQC.TO

• 1D: 0.14%
• 1M: 12.93%
• YTD: 22.65%
• 6M: 19.07%
• 1Y: 43.34%
• 3Y*: 29.99%
• 5Y*: 21.56%
• 10Y*: —

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

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

	2026 (YTD)	2025
QQI.TO BetaPro Nasdaq-100 Daily Inverse ETF	-16.51%	-3.15%
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	22.65%	1.32%

Correlation

The correlation between QQI.TO and QQC.TO is -0.81, 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	-0.81

Return for Risk

QQI.TO vs. QQC.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: 76
QQC.TO Sharpe Ratio Rank: 85
QQC.TO Sortino Ratio Rank: 81
QQC.TO Omega Ratio Rank: 82
QQC.TO Calmar Ratio Rank: 71
QQC.TO Martin Ratio Rank: 62

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.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.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.

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

Sharpe Ratios by Period

	QQI.TO	QQC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.84	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.43	1.02	-2.45

Drawdowns

QQI.TO vs. QQC.TO - Drawdown Comparison

The maximum QQI.TO drawdown since its inception was -25.19%, smaller than the maximum QQC.TO drawdown of -31.81%. Use the drawdown chart below to compare losses from any high point for QQI.TO and QQC.TO.

Drawdown Indicators

	QQI.TO	QQC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-25.19%	-31.81%	+6.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.14%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.59%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.81%	—
Current Drawdown Current decline from peak	-25.14%	0.00%	-25.14%
Average Drawdown Average peak-to-trough decline	-6.88%	-8.06%	+1.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.82%	—

Volatility

Volatility by Period

	QQI.TO	QQC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.46%	15.33%	+3.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.46%	20.85%	-2.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.46%	20.82%	-2.36%

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

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

Dividends

QQI.TO vs. QQC.TO - Dividend Comparison

QQI.TO has not paid dividends to shareholders, while QQC.TO's dividend yield for the trailing twelve months is around 0.31%.

Position	TTM	2025	2024	2023	2022	2021
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.31%	0.39%	0.45%	0.54%	0.91%	0.56%
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 QQI.TO and QQC.TO in my portfolio?

QQI.TO and QQC.TO have a correlation of -0.81, 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.TO?

On fees, QQC.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.TO?

QQC.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.TO?

QQI.TO tracks NASDAQ-100 Index (-100%), while QQC.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.TO.