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

XUU.TO vs. QQC-F.TO

Last updated Jun 24, 2026

XUU.TO (iShares Core S&P U.S. Total Market Index ETF) and QQC-F.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) are both exchange-traded funds - XUU.TO is a Large Cap Blend Equities fund tracking the S&P Total Market Index, while QQC-F.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, XUU.TO returned 15.76%/yr vs 20.46%/yr for QQC-F.TO. A 0.76 correlation means they provide meaningful diversification when combined. XUU.TO charges 0.07%/yr vs 0.20%/yr for QQC-F.TO.

Performance

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

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Core S&P U.S. Total Market Index ETF (XUU.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, XUU.TO achieves a 12.63% return, which is significantly lower than QQC-F.TO's 15.03% return. Over the past 10 years, XUU.TO has underperformed QQC-F.TO with an annualized return of 15.76%, while QQC-F.TO has yielded a comparatively higher 20.46% annualized return.

XUU.TO

1D
-0.86%
1M
2.13%
YTD
12.63%
6M
11.87%
1Y
28.11%
3Y*
23.33%
5Y*
15.16%
10Y*
15.76%

QQC-F.TO

1D
-2.95%
1M
-0.53%
YTD
15.03%
6M
13.69%
1Y
32.18%
3Y*
24.04%
5Y*
14.46%
10Y*
20.46%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
XUU.TO
iShares Core S&P U.S. Total Market Index ETF		12.63%11.25%34.07%23.11%-13.53%25.94%16.26%23.78%2.43%12.80%
QQC-F.TO
Invesco NASDAQ 100 Index ETF CAD Hedged		15.03%18.79%24.19%52.81%-33.42%27.15%45.04%37.63%-2.23%31.94%

Correlation

The correlation between XUU.TO and QQC-F.TO is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.84

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

0.84

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

0.86

Correlation (10Y)
Calculated over the trailing 10-year period

0.78

Correlation (All Time)
Calculated using the full available price history since Feb 18, 2015

0.76

The correlation between XUU.TO and QQC-F.TO shifts across timeframes, from 0.76 (all time) to 0.86 (5 years), reflecting how their relationship changes across market environments.

XUU.TO vs. QQC-F.TO - Sectors Allocation Comparison

Sectors
XUU.TO
QQC-F.TO

Technology

37.0%
59.6%

Financial Services

11.4%
0.2%

Communication Services

10.0%
14.0%

Consumer Cyclical

10.0%
11.1%

Industrials

9.0%
2.6%

Healthcare

8.6%
3.6%

Consumer Defensive

4.4%
6.3%

Energy

3.3%
0.5%

Real Estate

2.3%
0.1%

Utilities

2.2%
1.1%

Basic Materials

1.9%
1.0%

Technology

XUU.TO
37.0%
QQC-F.TO
59.6%

Financial Services

XUU.TO
11.4%
QQC-F.TO
0.2%

Communication Services

XUU.TO
10.0%
QQC-F.TO
14.0%

Consumer Cyclical

XUU.TO
10.0%
QQC-F.TO
11.1%

Industrials

XUU.TO
9.0%
QQC-F.TO
2.6%

Healthcare

XUU.TO
8.6%
QQC-F.TO
3.6%

Consumer Defensive

XUU.TO
4.4%
QQC-F.TO
6.3%

Energy

XUU.TO
3.3%
QQC-F.TO
0.5%

Real Estate

XUU.TO
2.3%
QQC-F.TO
0.1%

Utilities

XUU.TO
2.2%
QQC-F.TO
1.1%

Basic Materials

XUU.TO
1.9%
QQC-F.TO
1.0%

Compare stocks, funds, or ETFs

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iShares Core S&P U.S. Total Market Index ETF

Invesco NASDAQ 100 Index ETF CAD Hedged

Often compared with XUU.TO:
XUU.TO vs. XUS.TOXUU.TO vs. VUN.TOXUU.TO vs. XAW.TOXUU.TO vs. XUU-U.TOXUU.TO vs. XIC.TOXUU.TO vs. VTIXUU.TO vs. VOO
Often compared with QQC-F.TO:
QQC-F.TO vs. QQC.TOQQC-F.TO vs. XEQT.TOQQC-F.TO vs. QQQQQC-F.TO vs. HXQ.TOQQC-F.TO vs. QQQMQQC-F.TO vs. XQQ.TOQQC-F.TO vs. VFV.TO

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XUU.TO
XUU.TO Risk / Return Rank: 7070
Overall Rank
XUU.TO Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
XUU.TO Sortino Ratio Rank: 7171
Sortino Ratio Rank
XUU.TO Omega Ratio Rank: 7373
Omega Ratio Rank
XUU.TO Calmar Ratio Rank: 6767
Calmar Ratio Rank
XUU.TO Martin Ratio Rank: 6868
Martin Ratio Rank
QQC-F.TO
QQC-F.TO Risk / Return Rank: 5454
Overall Rank
QQC-F.TO Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
QQC-F.TO Sortino Ratio Rank: 5252
Sortino Ratio Rank
QQC-F.TO Omega Ratio Rank: 5454
Omega Ratio Rank
QQC-F.TO Calmar Ratio Rank: 5252
Calmar Ratio Rank
QQC-F.TO Martin Ratio Rank: 5454
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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P U.S. Total Market Index ETF (XUU.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.

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.

XUU.TOQQC-F.TODifference
Sharpe ratioReturn per unit of total volatility
2.25
1.83

+0.42

Sortino ratioReturn per unit of downside risk
3.06
2.44

+0.61

Omega ratioGain probability vs. loss probability

1.41

1.32

+0.09

Calmar ratioReturn relative to maximum drawdown

3.21

2.49

+0.72

Martin ratioReturn relative to average drawdown

12.07

9.00

+3.07

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

The current XUU.TO Sharpe Ratio is 2.25, which is comparable to the QQC-F.TO Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of XUU.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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Drawdowns

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

The maximum XUU.TO drawdown since its inception was -28.22%, smaller than the maximum QQC-F.TO drawdown of -36.03%. Use the drawdown chart below to compare losses from any high point for XUU.TO and QQC-F.TO.

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Drawdown Indicators

XUU.TOQQC-F.TODifference

Max Drawdown

Largest peak-to-trough decline

-28.22%

-36.03%

+7.81%

Max Drawdown (1Y)

Largest decline over 1 year

-8.80%

-12.98%

+4.18%

Max Drawdown (3Y)

Largest decline over 3 years

-19.70%

-22.76%

+3.06%

Max Drawdown (5Y)

Largest decline over 5 years

-23.40%

-36.03%

+12.63%

Max Drawdown (10Y)

Largest decline over 10 years

-28.22%

-36.03%

+7.81%

Current Drawdown

Current decline from peak

-1.75%

-4.29%

+2.54%

Average Drawdown

Average peak-to-trough decline

-4.14%

-5.48%

+1.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.33%

3.59%

-1.26%

Volatility

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

The current volatility for iShares Core S&P U.S. Total Market Index ETF (XUU.TO) is 4.61%, while Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a volatility of 8.59%. This indicates that XUU.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

XUU.TOQQC-F.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.61%

8.59%

-3.98%

Volatility (6M)

Calculated over the trailing 6-month period

9.82%

14.25%

-4.43%

Volatility (1Y)

Calculated over the trailing 1-year period

12.58%

17.74%

-5.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.53%

22.72%

-7.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.63%

22.65%

-6.02%

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

XUU.TO has a 0.07% 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%.

Dividends

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

XUU.TO's dividend yield for the trailing twelve months is around 1.01%, more than QQC-F.TO's 0.34% yield.

PositionTTM20252024202320222021202020192018201720162015
QQC-F.TO
Invesco NASDAQ 100 Index ETF CAD Hedged		0.34%0.39%0.50%0.57%0.89%0.66%0.49%0.64%0.77%0.66%0.81%0.76%
XUU.TO
iShares Core S&P U.S. Total Market Index ETF		1.01%1.16%1.02%1.22%1.38%1.01%1.33%1.68%1.74%1.49%1.65%1.53%

Frequently Asked Questions

XUU.TO and QQC-F.TO have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XUU.TO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XUU.TO is cheaper with a 0.07% expense ratio, compared with 0.20% for QQC-F.TO.

XUU.TO is categorized as Large Cap Blend Equities, while QQC-F.TO is Nasdaq-100. XUU.TO tracks S&P Total Market Index, while QQC-F.TO tracks NASDAQ-100 Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.07% for XUU.TO and 0.20% for QQC-F.TO.

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