VUS.TO vs. QQC-F.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard U.S. Total Market Index ETF (CAD-hedged) (VUS.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO).

VUS.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. VUS.TO is a passively managed fund by Vanguard that tracks the performance of the CRSP US Total Market Index. It was launched on Nov 30, 2011. 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 VUS.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

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

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VUS.TO Vanguard U.S. Total Market Index ETF (CAD-hedged)	-3.94%	13.31%	22.11%	24.21%	-20.86%	24.87%	17.67%	29.30%	-7.35%	20.26%
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	-5.48%	18.41%	24.19%	52.81%	-33.42%	27.15%	45.04%	37.63%	-2.23%	31.94%

Returns By Period

In the year-to-date period, VUS.TO achieves a -3.94% return, which is significantly higher than QQC-F.TO's -5.48% return. Over the past 10 years, VUS.TO has underperformed QQC-F.TO with an annualized return of 11.80%, while QQC-F.TO has yielded a comparatively higher 17.51% annualized return.

VUS.TO

• 1D: 0.75%
• 1M: -4.83%
• YTD: -3.94%
• 6M: -3.64%
• 1Y: 14.56%
• 3Y*: 15.67%
• 5Y*: 8.70%
• 10Y*: 11.80%

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)

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

VUS.TO has a 0.17% 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

VUS.TO

Vanguard U.S. Total Market Index ETF (CAD-hedged)

Return for Risk

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

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

VUS.TO

VUS.TO Risk / Return Rank: 44
VUS.TO Sharpe Ratio Rank: 40
VUS.TO Sortino Ratio Rank: 42
VUS.TO Omega Ratio Rank: 45
VUS.TO Calmar Ratio Rank: 42
VUS.TO Martin Ratio Rank: 51

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.

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

This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Total Market Index ETF (CAD-hedged) (VUS.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.

	VUS.TO	QQC-F.TO	Difference
Sharpe ratio Return per unit of total volatility	0.80	0.96	-0.16
Sortino ratio Return per unit of downside risk	1.25	1.52	-0.26
Omega ratio Gain probability vs. loss probability	1.18	1.21	-0.03
Calmar ratio Return relative to maximum drawdown	1.24	1.68	-0.44
Martin ratio Return relative to average drawdown	5.47	5.88	-0.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current VUS.TO Sharpe Ratio is 0.80, which is comparable to the QQC-F.TO Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of VUS.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

	VUS.TO	QQC-F.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	0.96	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.52	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	0.78	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.84	-0.09

Correlation

The correlation between VUS.TO and QQC-F.TO is 0.82, 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

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

VUS.TO's dividend yield for the trailing twelve months is around 0.86%, while QQC-F.TO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VUS.TO Vanguard U.S. Total Market Index ETF (CAD-hedged)	0.86%	0.84%	0.97%	1.07%	1.23%	0.95%	1.11%	1.39%	1.60%	1.32%	1.49%	1.59%
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

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

The maximum VUS.TO drawdown since its inception was -36.70%, roughly equal to the maximum QQC-F.TO drawdown of -36.03%. Use the drawdown chart below to compare losses from any high point for VUS.TO and QQC-F.TO.

Drawdown Indicators

	VUS.TO	QQC-F.TO	Difference
Max Drawdown Largest peak-to-trough decline	-36.70%	-36.03%	-0.67%
Max Drawdown (1Y) Largest decline over 1 year	-12.06%	-13.16%	+1.10%
Max Drawdown (5Y) Largest decline over 5 years	-26.25%	-36.03%	+9.78%
Max Drawdown (10Y) Largest decline over 10 years	-36.70%	-36.03%	-0.67%
Current Drawdown Current decline from peak	-6.39%	-9.00%	+2.61%
Average Drawdown Average peak-to-trough decline	-4.37%	-5.55%	+1.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	3.76%	-1.03%

Volatility

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

The current volatility for Vanguard U.S. Total Market Index ETF (CAD-hedged) (VUS.TO) is 5.57%, while Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a volatility of 6.70%. This indicates that VUS.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

	VUS.TO	QQC-F.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	6.70%	-1.13%
Volatility (6M) Calculated over the trailing 6-month period	9.90%	12.87%	-2.97%
Volatility (1Y) Calculated over the trailing 1-year period	18.24%	22.30%	-4.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.21%	22.47%	-5.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.06%	22.49%	-4.43%