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ZNQ.TO vs. ZGQ.TO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ZNQ.TO and ZGQ.TO is 0.85, 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.


-0.50.00.51.00.8

Performance

ZNQ.TO vs. ZGQ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BMO NASDAQ 100 Equity Index ETF (ZNQ.TO) and BMO MSCI All Country World High Quality Index ETF (ZGQ.TO). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%SeptemberOctoberNovemberDecember2025February
6.17%
0.18%
ZNQ.TO
ZGQ.TO

Key characteristics

Sharpe Ratio

ZNQ.TO:

1.25

ZGQ.TO:

1.47

Sortino Ratio

ZNQ.TO:

1.75

ZGQ.TO:

2.12

Omega Ratio

ZNQ.TO:

1.22

ZGQ.TO:

1.26

Calmar Ratio

ZNQ.TO:

1.72

ZGQ.TO:

2.26

Martin Ratio

ZNQ.TO:

5.85

ZGQ.TO:

8.66

Ulcer Index

ZNQ.TO:

3.76%

ZGQ.TO:

2.11%

Daily Std Dev

ZNQ.TO:

17.66%

ZGQ.TO:

12.46%

Max Drawdown

ZNQ.TO:

-32.09%

ZGQ.TO:

-26.67%

Current Drawdown

ZNQ.TO:

-6.03%

ZGQ.TO:

-2.75%

Returns By Period

In the year-to-date period, ZNQ.TO achieves a -1.75% return, which is significantly lower than ZGQ.TO's 1.78% return.


ZNQ.TO

YTD

-1.75%

1M

-3.88%

6M

13.72%

1Y

22.36%

5Y*

22.11%

10Y*

N/A

ZGQ.TO

YTD

1.78%

1M

-1.83%

6M

7.29%

1Y

18.86%

5Y*

17.17%

10Y*

13.54%

*Annualized

Compare stocks, funds, or ETFs

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ZNQ.TO vs. ZGQ.TO - Expense Ratio Comparison

ZNQ.TO has a 0.39% expense ratio, which is lower than ZGQ.TO's 0.50% expense ratio.


Expense ratio chart for ZGQ.TO: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for ZNQ.TO: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Risk-Adjusted Performance

ZNQ.TO vs. ZGQ.TO — Risk-Adjusted Performance Rank

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

ZNQ.TO
The Risk-Adjusted Performance Rank of ZNQ.TO is 6060
Overall Rank
The Sharpe Ratio Rank of ZNQ.TO is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of ZNQ.TO is 5858
Sortino Ratio Rank
The Omega Ratio Rank of ZNQ.TO is 5757
Omega Ratio Rank
The Calmar Ratio Rank of ZNQ.TO is 6666
Calmar Ratio Rank
The Martin Ratio Rank of ZNQ.TO is 6161
Martin Ratio Rank

ZGQ.TO
The Risk-Adjusted Performance Rank of ZGQ.TO is 7272
Overall Rank
The Sharpe Ratio Rank of ZGQ.TO is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of ZGQ.TO is 7171
Sortino Ratio Rank
The Omega Ratio Rank of ZGQ.TO is 6666
Omega Ratio Rank
The Calmar Ratio Rank of ZGQ.TO is 7777
Calmar Ratio Rank
The Martin Ratio Rank of ZGQ.TO is 7575
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ZNQ.TO vs. ZGQ.TO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO NASDAQ 100 Equity Index ETF (ZNQ.TO) and BMO MSCI All Country World High Quality Index ETF (ZGQ.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.


The chart of Sharpe ratio for ZNQ.TO, currently valued at 0.78, compared to the broader market0.002.004.000.780.80
The chart of Sortino ratio for ZNQ.TO, currently valued at 1.14, compared to the broader market-2.000.002.004.006.008.0010.0012.001.141.21
The chart of Omega ratio for ZNQ.TO, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.15
The chart of Calmar ratio for ZNQ.TO, currently valued at 1.05, compared to the broader market0.005.0010.0015.001.051.20
The chart of Martin ratio for ZNQ.TO, currently valued at 3.56, compared to the broader market0.0020.0040.0060.0080.00100.003.564.26
ZNQ.TO
ZGQ.TO

The current ZNQ.TO Sharpe Ratio is 1.25, which is comparable to the ZGQ.TO Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of ZNQ.TO and ZGQ.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.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00SeptemberOctoberNovemberDecember2025February
0.78
0.80
ZNQ.TO
ZGQ.TO

Dividends

ZNQ.TO vs. ZGQ.TO - Dividend Comparison

ZNQ.TO has not paid dividends to shareholders, while ZGQ.TO's dividend yield for the trailing twelve months is around 0.92%.


TTM20242023202220212020201920182017201620152014
ZNQ.TO
BMO NASDAQ 100 Equity Index ETF
0.00%0.00%0.35%0.23%0.12%0.47%0.52%0.00%0.00%0.00%0.00%0.00%
ZGQ.TO
BMO MSCI All Country World High Quality Index ETF
0.92%0.93%1.38%1.39%0.89%1.03%1.13%1.57%1.13%1.40%1.07%0.19%

Drawdowns

ZNQ.TO vs. ZGQ.TO - Drawdown Comparison

The maximum ZNQ.TO drawdown since its inception was -32.09%, which is greater than ZGQ.TO's maximum drawdown of -26.67%. Use the drawdown chart below to compare losses from any high point for ZNQ.TO and ZGQ.TO. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%SeptemberOctoberNovemberDecember2025February
-7.25%
-3.25%
ZNQ.TO
ZGQ.TO

Volatility

ZNQ.TO vs. ZGQ.TO - Volatility Comparison

BMO NASDAQ 100 Equity Index ETF (ZNQ.TO) has a higher volatility of 4.57% compared to BMO MSCI All Country World High Quality Index ETF (ZGQ.TO) at 2.82%. This indicates that ZNQ.TO's price experiences larger fluctuations and is considered to be riskier than ZGQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%SeptemberOctoberNovemberDecember2025February
4.57%
2.82%
ZNQ.TO
ZGQ.TO