SPLT.TO vs. QQQM

Last updated Jun 4, 2026

SPLT.TO (Brompton Split Corp. Preferred Share ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - SPLT.TO is a Preferred Stock/Convertible Bonds fund actively managed by Brompton Funds, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. SPLT.TO is actively managed, while QQQM is passively managed. Over the past year, SPLT.TO returned 5.81% vs 43.81% for QQQM. At a 0.13 correlation, their price movements are largely independent. SPLT.TO charges 0.50%/yr vs 0.15%/yr for QQQM.

Performance

SPLT.TO vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Split Corp. Preferred Share ETF (SPLT.TO) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, SPLT.TO achieves a 2.84% return, which is significantly lower than QQQM's 22.94% return.

SPLT.TO

• 1D: -0.09%
• 1M: 1.89%
• YTD: 2.84%
• 6M: 3.64%
• 1Y: 5.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQM

• 1D: 0.21%
• 1M: 12.88%
• YTD: 22.94%
• 6M: 19.29%
• 1Y: 43.81%
• 3Y*: 30.39%
• 5Y*: 21.44%
• 10Y*: —

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

SPLT.TO vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SPLT.TO Brompton Split Corp. Preferred Share ETF	2.84%	5.80%	14.11%	5.46%
QQQM Invesco NASDAQ 100 ETF	22.94%	15.31%	36.48%	11.44%

Correlation

The correlation between SPLT.TO and QQQM is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jun 16, 2023	0.13

SPLT.TO vs. QQQM - Sectors Allocation Comparison

Sectors	SPLT.TO	QQQM
Financial Services	100.0%	0.2%
Basic Materials	-	1.1%
Communication Services	-	15.8%
Consumer Cyclical	-	12.3%
Consumer Defensive	-	7.7%
Energy	-	0.6%
Healthcare	-	4.2%
Industrials	-	2.8%
Real Estate	-	0.1%
Technology	-	53.8%
Utilities	-	1.4%

Return for Risk

SPLT.TO vs. QQQM — Risk / Return Rank

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

SPLT.TO

SPLT.TO Risk / Return Rank: 54
SPLT.TO Sharpe Ratio Rank: 51
SPLT.TO Sortino Ratio Rank: 52
SPLT.TO Omega Ratio Rank: 55
SPLT.TO Calmar Ratio Rank: 64
SPLT.TO Martin Ratio Rank: 51

QQQM

QQQM Risk / Return Rank: 74
QQQM Sharpe Ratio Rank: 80
QQQM Sortino Ratio Rank: 75
QQQM Omega Ratio Rank: 75
QQQM Calmar Ratio Rank: 69
QQQM Martin Ratio Rank: 71

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.

SPLT.TO vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brompton Split Corp. Preferred Share ETF (SPLT.TO) and Invesco NASDAQ 100 ETF (QQQM). 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.

	SPLT.TO	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	1.74	2.82	-1.08
Sortino ratio: Return per unit of downside risk	2.51	3.66	-1.15
Omega ratio: Gain probability vs. loss probability	1.34	1.50	-0.16
Calmar ratio: Return relative to maximum drawdown	3.21	3.59	-0.38
Martin ratio: Return relative to average drawdown	8.60	11.44	-2.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPLT.TO vs. QQQM - Sharpe Ratio Comparison

The current SPLT.TO Sharpe Ratio is 1.74, which is lower than the QQQM Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of SPLT.TO and QQQM, 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

	SPLT.TO	QQQM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.74	2.82	-1.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.05	0.97	+1.08

Drawdowns

SPLT.TO vs. QQQM - Drawdown Comparison

The maximum SPLT.TO drawdown since its inception was -5.36%, smaller than the maximum QQQM drawdown of -31.71%. Use the drawdown chart below to compare losses from any high point for SPLT.TO and QQQM.

Drawdown Indicators

	SPLT.TO	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-5.36%	-31.71%	+26.35%
Max Drawdown (1Y) Largest decline over 1 year	-1.82%	-12.27%	+10.45%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.52%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.71%	—
Current Drawdown Current decline from peak	-0.14%	0.00%	-0.14%
Average Drawdown Average peak-to-trough decline	-0.51%	-7.58%	+7.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.68%	3.84%	-3.16%

Volatility

SPLT.TO vs. QQQM - Volatility Comparison

The current volatility for Brompton Split Corp. Preferred Share ETF (SPLT.TO) is 0.74%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 4.41%. This indicates that SPLT.TO experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPLT.TO	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.74%	4.41%	-3.67%
Volatility (6M) Calculated over the trailing 6-month period	2.25%	11.79%	-9.54%
Volatility (1Y) Calculated over the trailing 1-year period	3.36%	15.61%	-12.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.67%	20.58%	-15.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.67%	20.48%	-15.81%

SPLT.TO vs. QQQM - Expense Ratio Comparison

SPLT.TO has a 0.50% expense ratio, which is higher than QQQM's 0.15% expense ratio.

Dividends

SPLT.TO vs. QQQM - Dividend Comparison

SPLT.TO's dividend yield for the trailing twelve months is around 5.99%, more than QQQM's 0.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
QQQM Invesco NASDAQ 100 ETF	0.41%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%
SPLT.TO Brompton Split Corp. Preferred Share ETF	5.99%	6.01%	5.99%	3.54%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SPLT.TO and QQQM in my portfolio?

SPLT.TO and QQQM have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPLT.TO or QQQM?

On fees, QQQM is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPLT.TO or QQQM?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.50% for SPLT.TO.

What is the main difference between SPLT.TO and QQQM?

SPLT.TO is categorized as Preferred Stock/Convertible Bonds, while QQQM is Nasdaq-100. They also come from different issuers: Brompton Funds and Invesco. Their fees differ too: 0.50% for SPLT.TO and 0.15% for QQQM.