QQQT.TO vs. QQC-F.TO

Last updated Jun 3, 2026

QQQT.TO (Evolve NASDAQ Technology Index Fund CAD Hedged) and QQC-F.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) are both Nasdaq-100 funds - QQQT.TO tracks the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted Index while QQC-F.TO tracks the NASDAQ-100 Index. Both are passively managed. Over the past year, QQQT.TO returned 69.05% vs 39.82% for QQC-F.TO. Their correlation of 0.84 suggests significant overlap in exposure. QQQT.TO charges 0.25%/yr vs 0.20%/yr for QQC-F.TO.

Performance

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

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve NASDAQ Technology Index Fund CAD Hedged (QQQT.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, QQQT.TO achieves a 31.89% return, which is significantly higher than QQC-F.TO's 20.05% return.

QQQT.TO

• 1D: 0.98%
• 1M: 16.57%
• YTD: 31.89%
• 6M: 30.01%
• 1Y: 69.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQC-F.TO

• 1D: 0.31%
• 1M: 10.75%
• YTD: 20.05%
• 6M: 18.47%
• 1Y: 39.82%
• 3Y*: 26.65%
• 5Y*: 16.78%
• 10Y*: 20.33%

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

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

	2026 (YTD)	2025	2024	2023
QQQT.TO Evolve NASDAQ Technology Index Fund CAD Hedged	31.89%	30.06%	28.22%	15.37%
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	20.05%	18.41%	24.19%	9.64%

Correlation

The correlation between QQQT.TO and QQC-F.TO is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jul 13, 2023	0.84

The correlation between QQQT.TO and QQC-F.TO has been stable across timeframes, ranging from 0.84 to 0.94 - a consistent structural relationship.

Return for Risk

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

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

QQQT.TO

QQQT.TO Risk / Return Rank: 84
QQQT.TO Sharpe Ratio Rank: 91
QQQT.TO Sortino Ratio Rank: 86
QQQT.TO Omega Ratio Rank: 85
QQQT.TO Calmar Ratio Rank: 79
QQQT.TO Martin Ratio Rank: 78

QQC-F.TO

QQC-F.TO Risk / Return Rank: 69
QQC-F.TO Sharpe Ratio Rank: 76
QQC-F.TO Sortino Ratio Rank: 72
QQC-F.TO Omega Ratio Rank: 71
QQC-F.TO Calmar Ratio Rank: 62
QQC-F.TO Martin Ratio Rank: 64

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.

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

This table presents a comparison of risk-adjusted performance metrics for Evolve NASDAQ Technology Index Fund CAD Hedged (QQQT.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.

	QQQT.TO	QQC-F.TO	Difference
Sharpe ratio Return per unit of total volatility	3.21	2.52	+0.69
Sortino ratio Return per unit of downside risk	3.90	3.33	+0.58
Omega ratio Gain probability vs. loss probability	1.52	1.43	+0.09
Calmar ratio Return relative to maximum drawdown	4.10	3.12	+0.99
Martin ratio Return relative to average drawdown	15.52	11.63	+3.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQT.TO vs. QQC-F.TO - Sharpe Ratio Comparison

The current QQQT.TO Sharpe Ratio is 3.21, which is comparable to the QQC-F.TO Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of QQQT.TO and QQC-F.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QQQT.TO	QQC-F.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.21	2.52	+0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.46	0.92	+0.53

Drawdowns

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

The maximum QQQT.TO drawdown since its inception was -30.32%, smaller than the maximum QQC-F.TO drawdown of -36.03%. Use the drawdown chart below to compare losses from any high point for QQQT.TO and QQC-F.TO.

Drawdown Indicators

	QQQT.TO	QQC-F.TO	Difference
Max Drawdown Largest peak-to-trough decline	-30.32%	-36.03%	+5.71%
Max Drawdown (1Y) Largest decline over 1 year	-17.37%	-13.16%	-4.21%
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	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.11%	-5.50%	+0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.59%	3.53%	+1.06%

Volatility

QQQT.TO vs. QQC-F.TO - Volatility Comparison

Evolve NASDAQ Technology Index Fund CAD Hedged (QQQT.TO) has a higher volatility of 6.31% compared to Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) at 4.48%. This indicates that QQQT.TO's price experiences larger fluctuations and is considered to be riskier than QQC-F.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQT.TO	QQC-F.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.31%	4.48%	+1.83%
Volatility (6M) Calculated over the trailing 6-month period	17.09%	12.09%	+5.00%
Volatility (1Y) Calculated over the trailing 1-year period	21.63%	15.90%	+5.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.25%	22.46%	+3.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.25%	22.55%	+3.70%

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

QQQT.TO has a 0.25% expense ratio, which is higher than QQC-F.TO's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

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

QQQT.TO's dividend yield for the trailing twelve months is around 0.23%, while QQC-F.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.00%	0.09%	0.50%	0.57%	0.89%	0.66%	0.49%	0.64%	0.77%	0.66%	0.81%	0.76%
QQQT.TO Evolve NASDAQ Technology Index Fund CAD Hedged	0.23%	0.30%	0.38%	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

With a correlation of 0.94, QQQT.TO and QQC-F.TO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

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

QQC-F.TO is cheaper with a 0.20% expense ratio, compared with 0.25% for QQQT.TO.

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

QQQT.TO tracks Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted Index, while QQC-F.TO tracks NASDAQ-100 Index. They also come from different issuers: Evolve and Invesco. Their fees differ too: 0.25% for QQQT.TO and 0.20% for QQC-F.TO.