QQI.TO vs. XQQU.TO
QQI.TO (BetaPro Nasdaq-100 Daily Inverse ETF) and XQQU.TO (iShares NASDAQ 100 Index ETF) are both Nasdaq-100 funds - QQI.TO tracks the NASDAQ-100 Index (-100%) while XQQU.TO tracks the NASDAQ-100 Index. Both are passively managed. At a correlation of -0.82, they often move in opposite directions. QQI.TO charges 1.15%/yr vs 0.39%/yr for XQQU.TO.
Performance
QQI.TO vs. XQQU.TO - Performance Comparison
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Returns By Period
In the year-to-date period, QQI.TO achieves a -16.04% return, which is significantly lower than XQQU.TO's 23.74% return.
QQI.TO
- 1D
- -2.02%
- 1M
- -0.31%
- YTD
- -16.04%
- 6M
- -16.04%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XQQU.TO
- 1D
- 1.44%
- 1M
- 2.53%
- YTD
- 23.74%
- 6M
- 23.01%
- 1Y
- 38.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQI.TO vs. XQQU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QQI.TO BetaPro Nasdaq-100 Daily Inverse ETF | -16.04% | -3.15% |
XQQU.TO iShares NASDAQ 100 Index ETF | 23.74% | 2.24% |
Correlation
The correlation between QQI.TO and XQQU.TO is -0.82, 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 | -0.82 |
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Return for Risk
QQI.TO vs. XQQU.TO — Risk / Return Rank
QQI.TO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XQQU.TO
QQI.TO vs. XQQU.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 iShares NASDAQ 100 Index ETF (XQQU.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 | XQQU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.25 | — |
| Martin ratioReturn relative to average drawdown | — | 10.22 | — |
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Drawdowns
QQI.TO vs. XQQU.TO - Drawdown Comparison
The maximum QQI.TO drawdown since its inception was -25.23%, which is greater than XQQU.TO's maximum drawdown of -22.68%. Use the drawdown chart below to compare losses from any high point for QQI.TO and XQQU.TO.
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Drawdown Indicators
| QQI.TO | XQQU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.23% | -22.68% | -2.55% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.09% | — |
Current DrawdownCurrent decline from peak | -24.72% | -0.32% | -24.40% |
Average DrawdownAverage peak-to-trough decline | -8.42% | -3.30% | -5.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.83% | — |
Volatility
QQI.TO vs. XQQU.TO - Volatility Comparison
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Volatility by Period
| QQI.TO | XQQU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.81% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.26% | 17.59% | +2.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.26% | 19.79% | +0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.26% | 19.79% | +0.47% |
QQI.TO vs. XQQU.TO - Expense Ratio Comparison
QQI.TO has a 1.15% expense ratio, which is higher than XQQU.TO's 0.39% expense ratio.
Dividends
QQI.TO vs. XQQU.TO - Dividend Comparison
QQI.TO has not paid dividends to shareholders, while XQQU.TO's dividend yield for the trailing twelve months is around 0.12%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
QQI.TO BetaPro Nasdaq-100 Daily Inverse ETF | 0.00% | 0.00% | 0.00% | 0.00% |
XQQU.TO iShares NASDAQ 100 Index ETF | 0.12% | 0.26% | 0.20% | 0.10% |
Frequently Asked Questions
QQI.TO and XQQU.TO have a correlation of -0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XQQU.TO is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XQQU.TO is cheaper with a 0.39% expense ratio, compared with 1.15% for QQI.TO.
QQI.TO tracks NASDAQ-100 Index (-100%), while XQQU.TO tracks NASDAQ-100 Index. They also come from different issuers: Global X and iShares. Their fees differ too: 1.15% for QQI.TO and 0.39% for XQQU.TO.
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