XST.TO vs. QQC.TO

Last updated Jul 22, 2026

XST.TO (iShares S&P/TSX Capped Consumer Staples Index ETF) and QQC.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) are both exchange-traded funds - XST.TO is a Consumer Staples Equities fund tracking the Morningstar Gbl GR CAD, while QQC.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, XST.TO returned 30.39%/yr vs 17.44%/yr for QQC.TO. At a 0.22 correlation, their price movements are largely independent. XST.TO charges 0.61%/yr vs 0.20%/yr for QQC.TO.

Performance

XST.TO vs. QQC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P/TSX Capped Consumer Staples Index ETF (XST.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XST.TO achieves a 6.68% return, which is significantly lower than QQC.TO's 18.78% return.

XST.TO

• 1D: -0.78%
• 1M: 3.12%
• 6M: 7.55%
• YTD: 6.68%
• 1Y: 10.87%
• 3Y*: 46.36%
• 5Y*: 30.39%
• 10Y*: 18.67%
• ALL TIME*: 20.76%

QQC.TO

• 1D: 2.15%
• 1M: -4.55%
• 6M: 19.19%
• YTD: 18.78%
• 1Y: 30.10%
• 3Y*: 26.81%
• 5Y*: 17.44%
• 10Y*: —
• ALL TIME*: 19.89%

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

XST.TO vs. QQC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XST.TO iShares S&P/TSX Capped Consumer Staples Index ETF	6.68%	16.38%	140.92%	7.25%	9.63%	10.37%
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	18.78%	15.38%	35.74%	51.68%	-28.05%	25.39%

Correlation

The correlation between XST.TO and QQC.TO is -0.10, 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	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since May 27, 2021	0.22

The correlation between XST.TO and QQC.TO shifts across timeframes, from -0.10 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.

XST.TO vs. QQC.TO - Sectors Allocation Comparison

Sectors	XST.TO	QQC.TO
Consumer Defensive	73.0%	6.3%
Consumer Cyclical	27.0%	10.7%
Basic Materials	-	1.0%
Communication Services	-	13.1%
Energy	-	0.5%
Financial Services	-	0.2%
Healthcare	-	3.6%
Industrials	-	2.7%
Real Estate	-	0.1%
Technology	-	60.9%
Utilities	-	1.1%

Return for Risk

XST.TO vs. QQC.TO — Risk / Return Rank

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

XST.TO

XST.TO Risk / Return Rank: 26
XST.TO Sharpe Ratio Rank: 24
XST.TO Sortino Ratio Rank: 25
XST.TO Omega Ratio Rank: 24
XST.TO Calmar Ratio Rank: 29
XST.TO Martin Ratio Rank: 26

QQC.TO

QQC.TO Risk / Return Rank: 65
QQC.TO Sharpe Ratio Rank: 69
QQC.TO Sortino Ratio Rank: 64
QQC.TO Omega Ratio Rank: 66
QQC.TO Calmar Ratio Rank: 68
QQC.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.

XST.TO vs. QQC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Capped Consumer Staples Index ETF (XST.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.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.

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.

	XST.TO	QQC.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.64	1.65	-1.01
Sortino ratio: Return per unit of downside risk	1.05	2.22	-1.17
Omega ratio: Gain probability vs. loss probability	1.13	1.29	-0.17
Calmar ratio: Return relative to maximum drawdown	1.04	2.49	-1.45
Martin ratio: Return relative to average drawdown	2.39	7.50	-5.11

XST.TO vs. QQC.TO - Sharpe Ratio Comparison

The current XST.TO Sharpe Ratio is 0.64, which is lower than the QQC.TO Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of XST.TO and QQC.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.

Drawdowns

XST.TO vs. QQC.TO - Drawdown Comparison

The maximum XST.TO drawdown since its inception was -25.42%, smaller than the maximum QQC.TO drawdown of -31.81%. Use the drawdown chart below to compare losses from any high point for XST.TO and QQC.TO.

Drawdown Indicators

	XST.TO	QQC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-25.42%	-31.81%	+6.39%
Max Drawdown (1Y) Largest decline over 1 year	-10.52%	-12.14%	+1.62%
Max Drawdown (3Y) Largest decline over 3 years	-10.86%	-22.58%	+11.72%
Max Drawdown (5Y) Largest decline over 5 years	-10.86%	-31.81%	+20.95%
Max Drawdown (10Y) Largest decline over 10 years	-25.42%	—	—
Current Drawdown Current decline from peak	-2.13%	-4.55%	+2.42%
Average Drawdown Average peak-to-trough decline	-3.65%	-7.92%	+4.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.56%	4.02%	+0.54%

Volatility

XST.TO vs. QQC.TO - Volatility Comparison

The current volatility for iShares S&P/TSX Capped Consumer Staples Index ETF (XST.TO) is 6.51%, while Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) has a volatility of 7.37%. This indicates that XST.TO experiences smaller price fluctuations and is considered to be less risky than QQC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XST.TO	QQC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.51%	7.37%	-0.86%
Volatility (6M) Calculated over the trailing 6-month period	13.69%	14.95%	-1.26%
Volatility (1Y) Calculated over the trailing 1-year period	17.07%	18.29%	-1.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.26%	21.30%	+25.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.47%	21.06%	+14.41%

XST.TO vs. QQC.TO - Expense Ratio Comparison

XST.TO has a 0.61% expense ratio, which is higher than QQC.TO's 0.20% expense ratio.

Dividends

XST.TO vs. QQC.TO - Dividend Comparison

XST.TO's dividend yield for the trailing twelve months is around 0.67%, more than QQC.TO's 0.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.32%	0.39%	0.45%	0.54%	0.91%	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XST.TO iShares S&P/TSX Capped Consumer Staples Index ETF	0.67%	0.68%	0.87%	1.57%	1.48%	1.37%	1.48%	1.46%	1.62%	1.80%	1.03%	1.24%

Frequently Asked Questions

Can I hold both XST.TO and QQC.TO in my portfolio?

XST.TO and QQC.TO have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XST.TO or QQC.TO?

On fees, QQC.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XST.TO or QQC.TO?

QQC.TO is cheaper with a 0.20% expense ratio, compared with 0.61% for XST.TO.

What is the main difference between XST.TO and QQC.TO?

XST.TO is categorized as Consumer Staples Equities, while QQC.TO is Nasdaq-100. XST.TO tracks Morningstar Gbl GR CAD, while QQC.TO tracks NASDAQ-100 Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.61% for XST.TO and 0.20% for QQC.TO.