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QQQL.TO vs. ITOT
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QQQL.TO vs. ITOT

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Enhanced Nasdaq-100 Index ETF (QQQL.TO) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).

QQQL.TO and ITOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQL.TO is a passively managed fund by Global X that tracks the performance of the NASDAQ-100 Index. It was launched on May 21, 2024. ITOT is a passively managed fund by iShares that tracks the performance of the S&P Composite 1500 Index. It was launched on Jan 20, 2004. Both QQQL.TO and ITOT 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

QQQL.TO vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Enhanced Nasdaq-100 Index ETF (QQQL.TO) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

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QQQL.TO vs. ITOT - Yearly Performance Comparison

2026 (YTD)20252024
QQQL.TO
Global X Enhanced Nasdaq-100 Index ETF		-6.40%16.16%24.06%
ITOT
iShares Core S&P Total U.S. Stock Market ETF		-2.70%11.63%17.26%
Different Trading Currencies

QQQL.TO is traded in CAD, while ITOT is traded in USD. To make them comparable, the ITOT values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QQQL.TO achieves a -6.40% return, which is significantly lower than ITOT's -2.70% return.

QQQL.TO

1D
-1.82%
1M
-6.04%
YTD
-6.40%
6M
-4.71%
1Y
25.10%
3Y*
—
5Y*
—
10Y*
—

ITOT

1D
2.86%
1M
-3.04%
YTD
-2.70%
6M
-1.76%
1Y
14.13%
3Y*
18.95%
5Y*
12.76%
10Y*
14.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Enhanced Nasdaq-100 Index ETF

iShares Core S&P Total U.S. Stock Market ETF

Often compared with QQQL.TO:
QQQL.TO vs. OOQBQQQL.TO vs. QQQMQQQL.TO vs. SMHQQQL.TO vs. GPIQQQQL.TO vs. QQCL.TOQQQL.TO vs. HXQ.TOQQQL.TO vs. QQC.TO
Often compared with ITOT:
ITOT vs. VTIITOT vs. VOOITOT vs. SCHBITOT vs. SPYITOT vs. FSKAXITOT vs. IVVITOT vs. IXUS

QQQL.TO vs. ITOT - Expense Ratio Comparison

QQQL.TO has a 1.60% expense ratio, which is higher than ITOT's 0.03% expense ratio.

QQQL.TO
Global X Enhanced Nasdaq-100 Index ETF
ITOT
iShares Core S&P Total U.S. Stock Market ETF

Return for Risk

QQQL.TO vs. ITOT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQQL.TO
QQQL.TO Risk / Return Rank: 5555
Overall Rank
QQQL.TO Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
QQQL.TO Sortino Ratio Rank: 5757
Sortino Ratio Rank
QQQL.TO Omega Ratio Rank: 7070
Omega Ratio Rank
QQQL.TO Calmar Ratio Rank: 5454
Calmar Ratio Rank
QQQL.TO Martin Ratio Rank: 4141
Martin Ratio Rank
ITOT
ITOT Risk / Return Rank: 6565
Overall Rank
ITOT Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
ITOT Sortino Ratio Rank: 6262
Sortino Ratio Rank
ITOT Omega Ratio Rank: 6565
Omega Ratio Rank
ITOT Calmar Ratio Rank: 6464
Calmar Ratio Rank
ITOT Martin Ratio Rank: 7474
Martin Ratio Rank
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.

QQQL.TO vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Enhanced Nasdaq-100 Index ETF (QQQL.TO) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.

QQQL.TOITOTDifference

Sharpe ratio

Return per unit of total volatility

0.94

0.77

+0.17

Sortino ratio

Return per unit of downside risk

1.49

1.16

+0.33

Omega ratio

Gain probability vs. loss probability

1.26

1.18

+0.07

Calmar ratio

Return relative to maximum drawdown

1.37

1.26

+0.11

Martin ratio

Return relative to average drawdown

3.80

4.75

-0.96

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQL.TO vs. ITOT - Sharpe Ratio Comparison

The current QQQL.TO Sharpe Ratio is 0.94, which is comparable to the ITOT Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of QQQL.TO and ITOT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

QQQL.TOITOTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.94

0.77

+0.17

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.83

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.87

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.68

1.02

-0.34

Correlation

The correlation between QQQL.TO and ITOT is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

QQQL.TO vs. ITOT - Dividend Comparison

QQQL.TO has not paid dividends to shareholders, while ITOT's dividend yield for the trailing twelve months is around 1.13%.

TTM20252024202320222021202020192018201720162015
QQQL.TO
Global X Enhanced Nasdaq-100 Index 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%
ITOT
iShares Core S&P Total U.S. Stock Market ETF		1.13%1.11%1.23%1.47%1.66%1.18%1.41%1.88%2.14%1.69%1.83%2.01%

Drawdowns

QQQL.TO vs. ITOT - Drawdown Comparison

The maximum QQQL.TO drawdown since its inception was -27.82%, roughly equal to the maximum ITOT drawdown of -28.74%. Use the drawdown chart below to compare losses from any high point for QQQL.TO and ITOT.

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Drawdown Indicators

QQQL.TOITOTDifference

Max Drawdown

Largest peak-to-trough decline

-27.82%

-55.20%

+27.38%

Max Drawdown (1Y)

Largest decline over 1 year

-13.76%

-12.34%

-1.42%

Max Drawdown (5Y)

Largest decline over 5 years

—

-25.36%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.00%

—

Current Drawdown

Current decline from peak

-12.23%

-6.18%

-6.05%

Average Drawdown

Average peak-to-trough decline

-5.12%

-7.02%

+1.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.97%

2.59%

+2.38%

Volatility

QQQL.TO vs. ITOT - Volatility Comparison

The current volatility for Global X Enhanced Nasdaq-100 Index ETF (QQQL.TO) is 4.66%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 5.43%. This indicates that QQQL.TO experiences smaller price fluctuations and is considered to be less risky than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQQL.TOITOTDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.66%

5.43%

-0.77%

Volatility (6M)

Calculated over the trailing 6-month period

13.84%

9.84%

+4.00%

Volatility (1Y)

Calculated over the trailing 1-year period

27.43%

18.50%

+8.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.82%

15.38%

+10.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.82%

16.45%

+9.37%