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

QQQY.TO vs. TECH.TO

Last updated Apr 1, 2026

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

QQQY.TO and TECH.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. TECH.TO is a passively managed fund by Evolve that tracks the performance of the Solactive FANGMA Equal Weight Index. It was launched on May 4, 2021. Both QQQY.TO and TECH.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. TECH.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 Evolve FANGMA Index ETF Hedged CAD (TECH.TO). The values are adjusted to include any dividend payments, if applicable.

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

2026 (YTD)202520242023
QQQY.TO
Evolve NASDAQ Technology Enhanced Yield Index Fund		-9.65%27.46%207.55%115,066.66%
TECH.TO
Evolve FANGMA Index ETF Hedged CAD		-9.64%18.22%40.26%15.26%

Returns By Period

The year-to-date returns for both investments are quite close, with QQQY.TO having a -9.65% return and TECH.TO slightly higher at -9.64%.

QQQY.TO

1D
3.10%
1M
-6.15%
YTD
-9.65%
6M
-5.13%
1Y
27.27%
3Y*
—
5Y*
—
10Y*
—

TECH.TO

1D
4.00%
1M
-5.31%
YTD
-9.64%
6M
-9.79%
1Y
17.00%
3Y*
27.42%
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

Evolve FANGMA Index ETF Hedged CAD

Often compared with QQQY.TO:
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Often compared with TECH.TO:
TECH.TO vs. TEC.TOTECH.TO vs. QQC.TOTECH.TO vs. BIGYTECH.TO vs. HTAE.TOTECH.TO vs. HISU-U.TOTECH.TO vs. HISA.NEOTECH.TO vs. INTY.TO

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

QQQY.TO has a 0.74% expense ratio, which is higher than TECH.TO's 0.40% expense ratio.

QQQY.TO
Evolve NASDAQ Technology Enhanced Yield Index Fund
TECH.TO
Evolve FANGMA Index ETF Hedged CAD

Return for Risk

QQQY.TO vs. TECH.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: 6666
Overall Rank
QQQY.TO Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
QQQY.TO Sortino Ratio Rank: 6666
Sortino Ratio Rank
QQQY.TO Omega Ratio Rank: 6666
Omega Ratio Rank
QQQY.TO Calmar Ratio Rank: 7272
Calmar Ratio Rank
QQQY.TO Martin Ratio Rank: 6868
Martin Ratio Rank
TECH.TO
TECH.TO Risk / Return Rank: 4040
Overall Rank
TECH.TO Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
TECH.TO Sortino Ratio Rank: 4646
Sortino Ratio Rank
TECH.TO Omega Ratio Rank: 4040
Omega Ratio Rank
TECH.TO Calmar Ratio Rank: 3939
Calmar Ratio Rank
TECH.TO Martin Ratio Rank: 3636
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. TECH.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 Evolve FANGMA Index ETF Hedged CAD (TECH.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.TOTECH.TODifference

Sharpe ratio

Return per unit of total volatility

1.04

0.73

+0.31

Sortino ratio

Return per unit of downside risk

1.63

1.28

+0.36

Omega ratio

Gain probability vs. loss probability

1.24

1.16

+0.07

Calmar ratio

Return relative to maximum drawdown

1.81

1.02

+0.79

Martin ratio

Return relative to average drawdown

6.67

3.34

+3.34

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. TECH.TO - Sharpe Ratio Comparison

The current QQQY.TO Sharpe Ratio is 1.04, which is higher than the TECH.TO Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of QQQY.TO and TECH.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.TOTECH.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.04

0.73

+0.31

Sharpe Ratio (All Time)

Calculated using the full available price history

0.06

0.50

-0.44

Correlation

The correlation between QQQY.TO and TECH.TO is 0.73, 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. TECH.TO - Dividend Comparison

QQQY.TO's dividend yield for the trailing twelve months is around 14.52%, more than TECH.TO's 0.12% yield.

TTM20252024202320222021
QQQY.TO
Evolve NASDAQ Technology Enhanced Yield Index Fund		14.52%16.21%96.39%27.84%0.00%0.00%
TECH.TO
Evolve FANGMA Index ETF Hedged CAD		0.12%0.12%0.14%0.20%0.35%0.17%

Drawdowns

QQQY.TO vs. TECH.TO - Drawdown Comparison

The maximum QQQY.TO drawdown since its inception was -26.27%, smaller than the maximum TECH.TO drawdown of -47.92%. Use the drawdown chart below to compare losses from any high point for QQQY.TO and TECH.TO.

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Drawdown Indicators

QQQY.TOTECH.TODifference

Max Drawdown

Largest peak-to-trough decline

-26.27%

-47.92%

+21.65%

Max Drawdown (1Y)

Largest decline over 1 year

-14.91%

-16.59%

+1.68%

Current Drawdown

Current decline from peak

-12.27%

-13.06%

+0.79%

Average Drawdown

Average peak-to-trough decline

-3.51%

-12.66%

+9.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.04%

5.09%

-1.05%

Volatility

QQQY.TO vs. TECH.TO - Volatility Comparison

Evolve NASDAQ Technology Enhanced Yield Index Fund (QQQY.TO) has a higher volatility of 7.54% compared to Evolve FANGMA Index ETF Hedged CAD (TECH.TO) at 6.82%. This indicates that QQQY.TO's price experiences larger fluctuations and is considered to be riskier than TECH.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.TOTECH.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.54%

6.82%

+0.72%

Volatility (6M)

Calculated over the trailing 6-month period

15.39%

13.08%

+2.31%

Volatility (1Y)

Calculated over the trailing 1-year period

26.30%

23.29%

+3.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

46,687.01%

26.64%

+46,660.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

46,687.01%

26.64%

+46,660.37%