SMVP.TO vs. QQC-F.TO

Last updated Apr 2, 2026

Compare and contrast key facts about HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO).

SMVP.TO and QQC-F.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMVP.TO is a passively managed fund by Hamilton Capital that tracks the performance of the Solactive United States Dividend Elite Champions Index. It was launched on Jan 24, 2025. QQC-F.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 SMVP.TO and QQC-F.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

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

The chart below illustrates the hypothetical performance of a CA$10,000 investment in HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025
SMVP.TO HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged)	5.85%	1.65%
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	-5.48%	17.69%

Returns By Period

In the year-to-date period, SMVP.TO achieves a 5.85% return, which is significantly higher than QQC-F.TO's -5.48% return.

SMVP.TO

• 1D: 0.12%
• 1M: -4.67%
• YTD: 5.85%
• 6M: 6.42%
• 1Y: 8.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQC-F.TO

• 1D: 1.03%
• 1M: -4.11%
• YTD: -5.48%
• 6M: -4.18%
• 1Y: 21.25%
• 3Y*: 20.89%
• 5Y*: 11.67%
• 10Y*: 17.51%

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

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

SMVP.TO has a 0.00% expense ratio, which is lower than QQC-F.TO's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

QQC-F.TO

Invesco NASDAQ 100 Index ETF CAD Hedged

SMVP.TO

HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged)

Return for Risk

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

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

SMVP.TO

SMVP.TO Risk / Return Rank: 30
SMVP.TO Sharpe Ratio Rank: 31
SMVP.TO Sortino Ratio Rank: 30
SMVP.TO Omega Ratio Rank: 30
SMVP.TO Calmar Ratio Rank: 29
SMVP.TO Martin Ratio Rank: 32

QQC-F.TO

QQC-F.TO Risk / Return Rank: 56
QQC-F.TO Sharpe Ratio Rank: 51
QQC-F.TO Sortino Ratio Rank: 56
QQC-F.TO Omega Ratio Rank: 54
QQC-F.TO Calmar Ratio Rank: 63
QQC-F.TO Martin Ratio Rank: 58

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.

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

This table presents a comparison of risk-adjusted performance metrics for HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.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.

	SMVP.TO	QQC-F.TO	Difference
Sharpe ratio Return per unit of total volatility	0.62	0.96	-0.34
Sortino ratio Return per unit of downside risk	0.95	1.52	-0.56
Omega ratio Gain probability vs. loss probability	1.13	1.21	-0.08
Calmar ratio Return relative to maximum drawdown	0.76	1.68	-0.92
Martin ratio Return relative to average drawdown	3.08	5.88	-2.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current SMVP.TO Sharpe Ratio is 0.62, which is lower than the QQC-F.TO Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of SMVP.TO and QQC-F.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.

Sharpe Ratios by Period

	SMVP.TO	QQC-F.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	0.96	-0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.52	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.84	-0.36

Correlation

The correlation between SMVP.TO and QQC-F.TO is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

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

SMVP.TO's dividend yield for the trailing twelve months is around 2.13%, while QQC-F.TO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SMVP.TO HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged)	2.13%	1.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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%

Drawdowns

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

The maximum SMVP.TO drawdown since its inception was -12.11%, smaller than the maximum QQC-F.TO drawdown of -36.03%. Use the drawdown chart below to compare losses from any high point for SMVP.TO and QQC-F.TO.

Drawdown Indicators

	SMVP.TO	QQC-F.TO	Difference
Max Drawdown Largest peak-to-trough decline	-12.11%	-36.03%	+23.92%
Max Drawdown (1Y) Largest decline over 1 year	-10.23%	-13.16%	+2.93%
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	-4.67%	-9.00%	+4.33%
Average Drawdown Average peak-to-trough decline	-2.28%	-5.55%	+3.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	3.76%	-1.25%

Volatility

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

The current volatility for HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.TO) is 3.05%, while Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a volatility of 6.70%. This indicates that SMVP.TO experiences smaller price fluctuations and is considered to be less risky than QQC-F.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMVP.TO	QQC-F.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.05%	6.70%	-3.65%
Volatility (6M) Calculated over the trailing 6-month period	7.17%	12.87%	-5.70%
Volatility (1Y) Calculated over the trailing 1-year period	13.70%	22.30%	-8.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.49%	22.47%	-8.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.49%	22.49%	-9.00%