XQQ.TO vs. COST
XQQ.TO (iShares NASDAQ 100 Index ETF (CAD-Hedged)) is Nasdaq-100 fund tracking the Morningstar US Market TR CAD, while COST (Costco Wholesale Corporation) is a stock. Over the past 10 years, XQQ.TO returned 19.05%/yr vs 21.66%/yr for COST. At a 0.38 correlation, their price movements are largely independent.
Performance
XQQ.TO vs. COST - Performance Comparison
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Different Trading Currencies
XQQ.TO is traded in CAD, while COST is traded in USD. To make them comparable, the COST values have been converted to CAD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with XQQ.TO having a 11.95% return and COST slightly lower at 11.40%. Over the past 10 years, XQQ.TO has underperformed COST with an annualized return of 19.05%, while COST has yielded a comparatively higher 21.66% annualized return.
XQQ.TO
- 1D
- 0.10%
- 1M
- -5.58%
- 6M
- 11.69%
- YTD
- 11.95%
- 1Y
- 19.24%
- 3Y*
- 20.70%
- 5Y*
- 11.96%
- 10Y*
- 19.05%
- ALL TIME*
- 18.32%
COST
- 1D
- -0.67%
- 1M
- -2.21%
- 6M
- -1.70%
- YTD
- 11.40%
- 1Y
- 1.00%
- 3Y*
- 22.94%
- 5Y*
- 21.36%
- 10Y*
- 21.66%
- ALL TIME*
- 18.26%
XQQ.TO vs. COST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XQQ.TO iShares NASDAQ 100 Index ETF (CAD-Hedged) | 11.95% | 15.77% | 24.69% | 53.25% | -33.13% | 22.76% | 46.12% | 38.92% | -1.32% | 33.41% |
COST Costco Wholesale Corporation | 11.40% | -9.71% | 51.45% | 45.46% | -13.92% | 51.75% | 29.52% | 39.70% | 19.90% | 14.09% |
Correlation
The correlation between XQQ.TO and COST is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since May 10, 2011 | 0.38 |
The correlation between XQQ.TO and COST shifts across timeframes, from -0.13 (1 year) to 0.41 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
XQQ.TO vs. COST — Risk / Return Rank
XQQ.TO
COST
XQQ.TO vs. COST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO) and Costco Wholesale Corporation (COST). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XQQ.TO | COST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.98 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.03 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 0.07 | +1.25 |
| Martin ratioReturn relative to average drawdown | 4.20 | 0.15 | +4.06 |
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Drawdowns
XQQ.TO vs. COST - Drawdown Comparison
The maximum XQQ.TO drawdown since its inception was -38.25%, which is greater than COST's maximum drawdown of -33.74%. Use the drawdown chart below to compare losses from any high point for XQQ.TO and COST.
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Drawdown Indicators
| XQQ.TO | COST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.25% | -33.74% | -4.51% |
Max Drawdown (1Y)Largest decline over 1 year | -14.68% | -14.89% | +0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -22.72% | -23.58% | +0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -38.25% | -30.01% | -8.24% |
Max Drawdown (10Y)Largest decline over 10 years | -38.25% | -30.01% | -8.24% |
Current DrawdownCurrent decline from peak | -6.81% | -14.22% | +7.41% |
Average DrawdownAverage peak-to-trough decline | -5.94% | -7.24% | +1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.59% | 6.90% | -2.31% |
Volatility
XQQ.TO vs. COST - Volatility Comparison
iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO) and Costco Wholesale Corporation (COST) have volatilities of 7.30% and 7.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XQQ.TO | COST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.30% | 7.34% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 15.56% | 16.04% | -0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.88% | 20.90% | -2.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.00% | 23.99% | -0.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.55% | 23.20% | -0.65% |
Dividends
XQQ.TO vs. COST - Dividend Comparison
XQQ.TO's dividend yield for the trailing twelve months is around 0.22%, less than COST's 0.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COST Costco Wholesale Corporation | 0.57% | 0.59% | 0.49% | 2.87% | 0.76% | 0.54% | 3.38% | 0.86% | 1.08% | 4.81% | 1.09% | 4.06% |
XQQ.TO iShares NASDAQ 100 Index ETF (CAD-Hedged) | 0.22% | 0.25% | 0.67% | 0.93% | 1.27% | 0.52% | 0.80% | 1.44% | 1.61% | 1.64% | 2.35% | 1.93% |
Frequently Asked Questions
XQQ.TO and COST have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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