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XEQT.TO vs. QQC-F.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XEQT.TO vs. QQC-F.TO

Last updated Apr 11, 2026

XEQT.TO (iShares Core Equity ETF Portfolio) and QQC-F.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) are both exchange-traded funds — XEQT.TO is a Global Equities fund actively managed by iShares, while QQC-F.TO is a Large Cap Blend Equities fund tracking the NASDAQ-100 Index. XEQT.TO is actively managed, while QQC-F.TO is passively managed. Over the past 5 years, XEQT.TO returned 12.32%/yr vs 11.77%/yr for QQC-F.TO. A 0.80 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.

Performance

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

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Core Equity ETF Portfolio (XEQT.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XEQT.TO achieves a 4.80% return, which is significantly higher than QQC-F.TO's -1.36% return.

XEQT.TO

1D
0.41%
1M
3.32%
YTD
4.80%
6M
7.93%
1Y
36.34%
3Y*
19.58%
5Y*
12.32%
10Y*
—

QQC-F.TO

1D
0.11%
1M
-0.00%
YTD
-1.36%
6M
2.31%
1Y
33.57%
3Y*
23.20%
5Y*
11.77%
10Y*
18.11%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)2025202420232022202120202019
XEQT.TO
iShares Core Equity ETF Portfolio		4.80%19.47%24.36%17.25%-11.01%18.94%11.82%9.89%
QQC-F.TO
Invesco NASDAQ 100 Index ETF CAD Hedged		-1.36%18.41%24.19%52.81%-33.42%27.15%45.04%16.30%

Correlation

The correlation between XEQT.TO and QQC-F.TO is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.79

Correlation (3Y)
Calculated over the trailing 3-year period

0.79

Correlation (5Y)
Calculated over the trailing 5-year period

0.83

Correlation (All Time)
Calculated using the full available price history since Aug 15, 2019

0.80

The correlation between XEQT.TO and QQC-F.TO has been stable across timeframes, ranging from 0.79 to 0.83 — a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core Equity ETF Portfolio

Invesco NASDAQ 100 Index ETF CAD Hedged

Often compared with XEQT.TO:
XEQT.TO vs. VFV.TOXEQT.TO vs. VEQT.TOXEQT.TO vs. XGRO.TOXEQT.TO vs. ZEQT.TOXEQT.TO vs. VGRO.TOXEQT.TO vs. XEI.TOXEQT.TO vs. XAW.TO
Often compared with QQC-F.TO:
QQC-F.TO vs. QQC.TOQQC-F.TO vs. QQQQQC-F.TO vs. HXQ.TOQQC-F.TO vs. QQQMQQC-F.TO vs. XQQ.TOQQC-F.TO vs. MON100.NSQQC-F.TO vs. HTAE.TO

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XEQT.TO
XEQT.TO Risk / Return Rank: 8585
Overall Rank
XEQT.TO Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
XEQT.TO Sortino Ratio Rank: 8585
Sortino Ratio Rank
XEQT.TO Omega Ratio Rank: 8585
Omega Ratio Rank
XEQT.TO Calmar Ratio Rank: 8080
Calmar Ratio Rank
XEQT.TO Martin Ratio Rank: 8686
Martin Ratio Rank
QQC-F.TO
QQC-F.TO Risk / Return Rank: 5050
Overall Rank
QQC-F.TO Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
QQC-F.TO Sortino Ratio Rank: 4848
Sortino Ratio Rank
QQC-F.TO Omega Ratio Rank: 4747
Omega Ratio Rank
QQC-F.TO Calmar Ratio Rank: 5151
Calmar Ratio Rank
QQC-F.TO Martin Ratio Rank: 5252
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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares Core Equity ETF Portfolio (XEQT.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.

XEQT.TOQQC-F.TODifference

Sharpe ratio

Return per unit of total volatility

3.04

2.01

+1.04

Sortino ratio

Return per unit of downside risk

4.15

2.74

+1.41

Omega ratio

Gain probability vs. loss probability

1.57

1.36

+0.21

Calmar ratio

Return relative to maximum drawdown

4.93

3.30

+1.64

Martin ratio

Return relative to average drawdown

21.32

12.06

+9.27

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

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

The current XEQT.TO Sharpe Ratio is 3.04, which is higher than the QQC-F.TO Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of XEQT.TO and QQC-F.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

XEQT.TOQQC-F.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.04

2.01

+1.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.95

0.53

+0.42

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.81

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.89

0.86

+0.04

Drawdowns

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

The maximum XEQT.TO drawdown since its inception was -29.74%, smaller than the maximum QQC-F.TO drawdown of -36.03%. Use the drawdown chart below to compare losses from any high point for XEQT.TO and QQC-F.TO.

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Drawdown Indicators

XEQT.TOQQC-F.TODifference

Max Drawdown

Largest peak-to-trough decline

-29.74%

-36.03%

+6.29%

Max Drawdown (1Y)

Largest decline over 1 year

-8.25%

-13.16%

+4.91%

Max Drawdown (5Y)

Largest decline over 5 years

-19.56%

-36.03%

+16.47%

Max Drawdown (10Y)

Largest decline over 10 years

—

-36.03%

—

Current Drawdown

Current decline from peak

-1.17%

-5.03%

+3.86%

Average Drawdown

Average peak-to-trough decline

-4.19%

-5.55%

+1.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.91%

3.60%

-1.69%

Volatility

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

The current volatility for iShares Core Equity ETF Portfolio (XEQT.TO) is 5.82%, while Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a volatility of 7.11%. This indicates that XEQT.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.

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Volatility by Period

XEQT.TOQQC-F.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.82%

7.11%

-1.29%

Volatility (6M)

Calculated over the trailing 6-month period

9.72%

13.12%

-3.40%

Volatility (1Y)

Calculated over the trailing 1-year period

12.60%

17.34%

-4.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.06%

22.47%

-9.41%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.63%

22.50%

-6.87%

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

Both XEQT.TO and QQC-F.TO have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

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

XEQT.TO's dividend yield for the trailing twelve months is around 1.59%, while QQC-F.TO has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
XEQT.TO
iShares Core Equity ETF Portfolio		1.59%1.66%2.01%2.07%2.12%1.64%1.66%1.19%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%