VS
Hamilton Champions U.S. Technology Index ETF (QMVP) and TD Global Technology Leaders Index ETF (TEC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that QMVP focuses its top 3 sector exposures on Technology, Consumer Non-Cyclicals, and Consumer Cyclicals, while TEC leans towards Technology, Consumer Non-Cyclicals, and Finance. When evaluating costs, QMVP features a management fee (MER) of 0.19%, compared to 0.35% for TEC. 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
QMVP
TEC
| AuM | $344.47 M | $4,790.64 M |
| Management Fees | 0.19% | 0.35% |
| Exp. ratio | 0.19% | 0.39% |
| Tracking Difference | -0.06% | -0.52% |
Historical performance and flows
As of July 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QMVP | -2.99% | +9.42% | - | - | - |
TEC | -2.69% | +5.31% | +10.29% | +21.89% | +103.14% | |
| Flows | QMVP | +$37 M | +$48 M | - | - | - |
TEC | +$69 M | +$7 M | +$598 M | +$864 M | +$1,118 M |
QMVP vs TEC exposure
Countries
QMVP
USA
99.82%
TEC
USA
89.08%
Other
10.92%
Sectors
QMVP
Technology
86.18%
Consumer Non-Cyclicals
7.85%
TEC
Technology
81.96%
Other
18.04%
As of July 24, 2026
Top 10 Holdings
QMVP
Tesla, Inc.
5.79%
Apple, Inc.
5.60%
NVIDIA Corp.
5.26%
Broadcom Inc.
5.13%
Micron Technology, Inc.
5.12%
Meta Platforms, Inc.
5.07%
Applied Materials, Inc.
5.03%
Alphabet, Inc.
5.02%
Palo Alto Networks, Inc.
5.00%
Microsoft Corp.
4.91%
TEC
NVIDIA Corp.
11.82%
Apple, Inc.
10.46%
Microsoft Corp.
6.91%
Amazon.com, Inc.
5.78%
Alphabet, Inc.
5.26%
Alphabet, Inc.
4.52%
Broadcom Inc.
4.44%
Tesla, Inc.
3.55%
Micron Technology, Inc.
3.29%
Meta Platforms, Inc.
3.12%
Diversification
QMVP
Total weight of top 10 holdings out of 25 total
51.92%
TEC
Total weight of top 10 holdings out of 228 total
59.14%
Characteristics
Compare
QMVP
TEC
| Provider | Hamilton ETFs | TD Asset Management |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive HAMILTON CHAMPIONS U.S. Technology Index TR - CAD | Solactive Global Technology Leaders NTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 0.09% |
| Meets ESG criteria | No | No |
| Inception Date | January 20, 2026 | May 9, 2019 |
Frequently asked questions about QMVP and TEC
Which ETF is larger by assets under management: QMVP or TEC?
As of July 24, 2026, QMVP manages $344.47 M in assets, while TEC manages $4.79 B. TEC is the larger fund by AUM.
How are QMVP and TEC managed?
QMVP is passively managed by Hamilton ETFs. It tracks the Solactive HAMILTON CHAMPIONS U.S. Technology Index TR - CAD benchmark. TEC is passively managed by TD Asset Management. It tracks the Solactive Global Technology Leaders NTR Index - CAD benchmark.
What sectors do QMVP and TEC emphasize?
QMVP is most exposed to Technology, Consumer Non-Cyclicals, and Consumer Cyclicals. TEC is most exposed to Technology, Consumer Non-Cyclicals, and Finance.
How do the fees of QMVP and TEC compare?
QMVP has an expense ratio of 0.19%, while TEC has an expense ratio of 0.39%.
What are the top holdings of QMVP and TEC?
QMVP's largest holdings include Tesla, Inc., Apple, Inc., and NVIDIA Corp.. TEC's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: QMVP or TEC?
QMVP holds 25 securities, while TEC holds 226. On holdings count, TEC is the more diversified portfolio.
Recent articles about QMVP and TEC

Tech Rally Propels US Stocks
Tech sector rallies, driving markets to new highs; Powell’s optimism and strong earnings bolster investor confidence.
Posted on 12/9/2024 by ETF Market Canada inTechnology
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.




