XQQU.TO vs. QQU.TO

Last updated Apr 2, 2026

Compare and contrast key facts about iShares NASDAQ 100 Index ETF (XQQU.TO) and BetaPro NASDAQ-100 2x Daily Bull ETF (QQU.TO).

XQQU.TO and QQU.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XQQU.TO is a passively managed fund by iShares that tracks the performance of the NASDAQ-100 Index. It was launched on Sep 6, 2023. QQU.TO is an actively managed fund by Global X. It was launched on Jun 18, 2008.

Performance

XQQU.TO vs. QQU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares NASDAQ 100 Index ETF (XQQU.TO) and BetaPro NASDAQ-100 2x Daily Bull ETF (QQU.TO). The values are adjusted to include any dividend payments, if applicable.

XQQU.TO vs. QQU.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XQQU.TO iShares NASDAQ 100 Index ETF	-3.82%	15.17%	36.07%	6.90%
QQU.TO BetaPro NASDAQ-100 2x Daily Bull ETF	-11.89%	26.77%	40.01%	16.87%

Returns By Period

In the year-to-date period, XQQU.TO achieves a -3.82% return, which is significantly higher than QQU.TO's -11.89% return.

XQQU.TO

• 1D: 1.04%
• 1M: -2.39%
• YTD: -3.82%
• 6M: -3.40%
• 1Y: 20.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQU.TO

• 1D: 1.69%
• 1M: -8.67%
• YTD: -11.89%
• 6M: -11.12%
• 1Y: 34.93%
• 3Y*: 33.38%
• 5Y*: 13.24%
• 10Y*: 27.04%

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

XQQU.TO vs. QQU.TO - Expense Ratio Comparison

XQQU.TO has a 0.39% expense ratio, which is lower than QQU.TO's 1.46% expense ratio.

QQU.TO

BetaPro NASDAQ-100 2x Daily Bull ETF

XQQU.TO

iShares NASDAQ 100 Index ETF

Return for Risk

XQQU.TO vs. QQU.TO — Risk / Return Rank

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

XQQU.TO

XQQU.TO Risk / Return Rank: 51
XQQU.TO Sharpe Ratio Rank: 47
XQQU.TO Sortino Ratio Rank: 49
XQQU.TO Omega Ratio Rank: 51
XQQU.TO Calmar Ratio Rank: 59
XQQU.TO Martin Ratio Rank: 48

QQU.TO

QQU.TO Risk / Return Rank: 47
QQU.TO Sharpe Ratio Rank: 40
QQU.TO Sortino Ratio Rank: 49
QQU.TO Omega Ratio Rank: 48
QQU.TO Calmar Ratio Rank: 53
QQU.TO Martin Ratio Rank: 46

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.

XQQU.TO vs. QQU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 Index ETF (XQQU.TO) and BetaPro NASDAQ-100 2x Daily Bull ETF (QQU.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.

	XQQU.TO	QQU.TO	Difference
Sharpe ratio Return per unit of total volatility	0.90	0.78	+0.11
Sortino ratio Return per unit of downside risk	1.38	1.37	+0.01
Omega ratio Gain probability vs. loss probability	1.20	1.19	+0.01
Calmar ratio Return relative to maximum drawdown	1.57	1.44	+0.13
Martin ratio Return relative to average drawdown	4.75	4.63	+0.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XQQU.TO vs. QQU.TO - Sharpe Ratio Comparison

The current XQQU.TO Sharpe Ratio is 0.90, which is comparable to the QQU.TO Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of XQQU.TO and QQU.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

	XQQU.TO	QQU.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	0.78	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.30	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.61	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.49	+0.59

Correlation

The correlation between XQQU.TO and QQU.TO is 0.87, 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

XQQU.TO vs. QQU.TO - Dividend Comparison

XQQU.TO's dividend yield for the trailing twelve months is around 0.27%, while QQU.TO has not paid dividends to shareholders.

	TTM	2025	2024	2023
XQQU.TO iShares NASDAQ 100 Index ETF	0.27%	0.26%	0.20%	0.10%
QQU.TO BetaPro NASDAQ-100 2x Daily Bull ETF	0.00%	0.00%	0.00%	0.00%

Drawdowns

XQQU.TO vs. QQU.TO - Drawdown Comparison

The maximum XQQU.TO drawdown since its inception was -22.68%, smaller than the maximum QQU.TO drawdown of -78.51%. Use the drawdown chart below to compare losses from any high point for XQQU.TO and QQU.TO.

Drawdown Indicators

	XQQU.TO	QQU.TO	Difference
Max Drawdown Largest peak-to-trough decline	-22.68%	-78.51%	+55.83%
Max Drawdown (1Y) Largest decline over 1 year	-13.00%	-25.85%	+12.85%
Max Drawdown (5Y) Largest decline over 5 years	—	-64.83%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.83%	—
Current Drawdown Current decline from peak	-8.40%	-19.09%	+10.69%
Average Drawdown Average peak-to-trough decline	-3.52%	-17.16%	+13.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.30%	8.04%	-3.74%

Volatility

XQQU.TO vs. QQU.TO - Volatility Comparison

The current volatility for iShares NASDAQ 100 Index ETF (XQQU.TO) is 6.28%, while BetaPro NASDAQ-100 2x Daily Bull ETF (QQU.TO) has a volatility of 13.58%. This indicates that XQQU.TO experiences smaller price fluctuations and is considered to be less risky than QQU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XQQU.TO	QQU.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.28%	13.58%	-7.30%
Volatility (6M) Calculated over the trailing 6-month period	12.70%	25.58%	-12.88%
Volatility (1Y) Calculated over the trailing 1-year period	22.59%	44.77%	-22.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.00%	44.87%	-24.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.00%	44.76%	-24.76%