VS
CI Global Artificial Intelligence ETF (CIAI) and BMO NASDAQ 100 Equity Index ETF (ZQQ) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CIAI focuses its top 3 sector exposures on Technology, Consumer Non-Cyclicals, and Industrials, while ZQQ leans towards Technology, Consumer Non-Cyclicals, and Healthcare. When evaluating costs, CIAI features a management fee (MER) of 0.2%, compared to 0.35% for ZQQ. Performance-wise, CIAI has returned 13.16% year-to-date with -$144 M in net flows, whereas ZQQ is at 9.97% with +$2 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
CIAI
ZQQ
| AuM | $996.57 M | $3,055.69 M |
| Management Fees | 0.20% | 0.35% |
| Exp. ratio | 0.64% | 0.39% |
| Tracking Difference | - | -0.56% |
Historical performance and flows
As of November 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CIAI | -17.31% | -11.82% | +13.16% | +1.96% | - |
ZQQ | -9.38% | -5.49% | +9.97% | +6.63% | +79.48% | |
| Flows | CIAI | -$25 M | -$113 M | -$144 M | -$172 M | - |
ZQQ | +$106 M | +$187 M | +$2 M | +$11 M | +$255 M |
CIAI vs ZQQ exposure
Countries
CIAI
USA
79.77%
Other
20.23%
ZQQ
USA
94.64%
Sectors
CIAI
Technology
81.90%
Other
18.10%
ZQQ
Technology
68.18%
Consumer Non-Cyclicals
10.60%
Other
21.22%
As of November 3, 2026
Top 10 Holdings
CIAI
NVIDIA Corp.
11.77%
Meta Platforms, Inc.
6.94%
Broadcom Inc.
6.50%
Amazon.com, Inc.
6.43%
Microsoft Corp.
5.80%
Advanced Micro Devices, Inc.
5.60%
Alphabet, Inc.
4.25%
ASML Holding NV
4.21%
Taiwan Semiconductor Manufacturing Co., Ltd.
4.19%
Palantir Technologies, Inc.
3.29%
ZQQ
NVIDIA Corp.
8.34%
Apple, Inc.
7.32%
Microsoft Corp.
5.75%
Micron Technology, Inc.
5.06%
Advanced Micro Devices, Inc.
4.18%
Amazon.com, Inc.
4.05%
Meta Platforms, Inc.
3.35%
Alphabet, Inc.
3.05%
Alphabet, Inc.
2.84%
Tesla, Inc.
2.82%
Diversification
CIAI
Total weight of top 10 holdings out of 46 total
58.98%
ZQQ
Total weight of top 10 holdings out of 101 total
46.75%
Characteristics
Compare
CIAI
ZQQ
| Provider | CI | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | NASDAQ-100 Currency Hedged CAD Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 0.24% |
| Meets ESG criteria | No | No |
| Inception Date | May 2, 2024 | January 19, 2010 |
Frequently asked questions about CIAI and ZQQ
Which ETF has performed better year to date: CIAI or ZQQ?
As of November 3, 2026, CIAI has returned 13.16% year to date, while ZQQ has returned 9.97%. CIAI is ahead on YTD performance.
Which ETF is larger by assets under management: CIAI or ZQQ?
As of November 3, 2026, CIAI manages $996.57 M in assets, while ZQQ manages $3.06 B. ZQQ is the larger fund by AUM.
How are CIAI and ZQQ managed?
CIAI is actively managed by CI. It does not track an index. ZQQ is passively managed by BMO. It tracks the NASDAQ-100 Currency Hedged CAD Total Return Index - CAD benchmark.
What sectors do CIAI and ZQQ emphasize?
CIAI is most exposed to Technology, Consumer Non-Cyclicals, and Industrials. ZQQ is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare.
Which ETF is attracting more investor flows: CIAI or ZQQ?
Year to date, CIAI has seen -$143.76 M in net flows, compared with +$1.77 M for ZQQ. ZQQ has attracted more net investor money so far.
How do the fees of CIAI and ZQQ compare?
CIAI has an expense ratio of 0.64%, while ZQQ has an expense ratio of 0.39%.
What are the top holdings of CIAI and ZQQ?
CIAI's largest holdings include NVIDIA Corp., Meta Platforms, Inc., and Broadcom Inc.. ZQQ's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: CIAI or ZQQ?
CIAI holds 46 securities, while ZQQ holds 100. On holdings count, ZQQ is the more diversified portfolio.
Recent articles about CIAI and ZQQ
Chip Stocks Enter a Bear Market: What It Means for Canadian AI ETFs
Canadian-listed semiconductor and AI ETFs fell as much as 11% this week as chip stocks entered a global bear market, even as investors kept adding money into the weakness.
Posted on 7/20/2026 by Edouard Caillieux inArtificial Intelligence
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.