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QQQY.TO vs. QQC.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QQQY.TO vs. QQC.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Evolve NASDAQ Technology Enhanced Yield Index Fund (QQQY.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO).

QQQY.TO and QQC.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQY.TO is a passively managed fund by Evolve that tracks the performance of the NASDAQ-100 Technology Sector Adjusted Market-Cap Weighted™ Index. It was launched on Oct 6, 2025. QQC.TO is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on May 27, 2021. Both QQQY.TO and QQC.TO 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

QQQY.TO vs. QQC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve NASDAQ Technology Enhanced Yield Index Fund (QQQY.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO). The values are adjusted to include any dividend payments, if applicable.

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

2026 (YTD)202520242023
QQQY.TO
Evolve NASDAQ Technology Enhanced Yield Index Fund		-7.00%27.46%207.55%115,066.66%
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged		-3.76%15.38%35.73%9.88%

Returns By Period

In the year-to-date period, QQQY.TO achieves a -7.00% return, which is significantly lower than QQC.TO's -3.76% return.

QQQY.TO

1D
1.53%
1M
-3.82%
YTD
-7.00%
6M
-2.79%
1Y
29.87%
3Y*
—
5Y*
—
10Y*
—

QQC.TO

1D
0.97%
1M
-2.39%
YTD
-3.76%
6M
-3.22%
1Y
20.45%
3Y*
23.81%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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Evolve NASDAQ Technology Enhanced Yield Index Fund

Invesco NASDAQ 100 Index ETF CAD Hedged

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Often compared with QQC.TO:
QQC.TO vs. VFV.TOQQC.TO vs. XQQ.TOQQC.TO vs. QQQQQC.TO vs. HXQ.TOQQC.TO vs. TEC.TOQQC.TO vs. QQC-F.TOQQC.TO vs. QQQM

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

QQQY.TO has a 0.74% expense ratio, which is higher than QQC.TO's 0.20% expense ratio.

QQQY.TO
Evolve NASDAQ Technology Enhanced Yield Index Fund
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged

Return for Risk

QQQY.TO vs. QQC.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQQY.TO
QQQY.TO Risk / Return Rank: 6868
Overall Rank
QQQY.TO Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
QQQY.TO Sortino Ratio Rank: 6767
Sortino Ratio Rank
QQQY.TO Omega Ratio Rank: 6767
Omega Ratio Rank
QQQY.TO Calmar Ratio Rank: 7575
Calmar Ratio Rank
QQQY.TO Martin Ratio Rank: 7070
Martin Ratio Rank
QQC.TO
QQC.TO Risk / Return Rank: 5252
Overall Rank
QQC.TO Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
QQC.TO Sortino Ratio Rank: 5050
Sortino Ratio Rank
QQC.TO Omega Ratio Rank: 5353
Omega Ratio Rank
QQC.TO Calmar Ratio Rank: 6060
Calmar Ratio Rank
QQC.TO Martin Ratio Rank: 4848
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.

QQQY.TO vs. QQC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve NASDAQ Technology Enhanced Yield Index Fund (QQQY.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.

QQQY.TOQQC.TODifference

Sharpe ratio

Return per unit of total volatility

1.13

0.92

+0.21

Sortino ratio

Return per unit of downside risk

1.76

1.39

+0.37

Omega ratio

Gain probability vs. loss probability

1.25

1.21

+0.05

Calmar ratio

Return relative to maximum drawdown

2.08

1.59

+0.49

Martin ratio

Return relative to average drawdown

7.61

4.77

+2.84

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

QQQY.TO vs. QQC.TO - Sharpe Ratio Comparison

The current QQQY.TO Sharpe Ratio is 1.13, which is comparable to the QQC.TO Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of QQQY.TO and QQC.TO, 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

QQQY.TOQQC.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.13

0.92

+0.21

Sharpe Ratio (All Time)

Calculated using the full available price history

0.06

0.77

-0.71

Correlation

The correlation between QQQY.TO and QQC.TO is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

QQQY.TO vs. QQC.TO - Dividend Comparison

QQQY.TO's dividend yield for the trailing twelve months is around 15.60%, more than QQC.TO's 0.40% yield.

TTM20252024202320222021
QQQY.TO
Evolve NASDAQ Technology Enhanced Yield Index Fund		15.60%16.21%96.39%27.84%0.00%0.00%
QQC.TO
Invesco NASDAQ 100 Index ETF CAD Hedged		0.40%0.39%0.45%0.54%0.91%0.56%

Drawdowns

QQQY.TO vs. QQC.TO - Drawdown Comparison

The maximum QQQY.TO drawdown since its inception was -26.27%, smaller than the maximum QQC.TO drawdown of -31.81%. Use the drawdown chart below to compare losses from any high point for QQQY.TO and QQC.TO.

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Drawdown Indicators

QQQY.TOQQC.TODifference

Max Drawdown

Largest peak-to-trough decline

-26.27%

-31.81%

+5.54%

Max Drawdown (1Y)

Largest decline over 1 year

-14.91%

-13.02%

-1.89%

Current Drawdown

Current decline from peak

-9.71%

-8.49%

-1.22%

Average Drawdown

Average peak-to-trough decline

-3.52%

-8.30%

+4.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.07%

4.35%

-0.28%

Volatility

QQQY.TO vs. QQC.TO - Volatility Comparison

Evolve NASDAQ Technology Enhanced Yield Index Fund (QQQY.TO) has a higher volatility of 8.38% compared to Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) at 6.27%. This indicates that QQQY.TO's price experiences larger fluctuations and is considered to be riskier than QQC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQQY.TOQQC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

8.38%

6.27%

+2.11%

Volatility (6M)

Calculated over the trailing 6-month period

15.80%

12.47%

+3.33%

Volatility (1Y)

Calculated over the trailing 1-year period

26.54%

22.29%

+4.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

46,649.77%

20.97%

+46,628.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

46,649.77%

20.97%

+46,628.80%