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Evolve NASDAQ Technology Index Fund (QQQT) and BMO NASDAQ 100 Equity Index ETF (ZQQ) offer distinct profiles for Canadian ETF investors. A direct comparison shows that QQQT focuses its top 3 sector exposures on Information Technology, Communication Services, and Consumer Discretionary, while ZQQ leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, QQQT features a management fee (MER) of 0.25%, compared to 0.35% for ZQQ. Performance-wise, QQQT has returned 11.6% year-to-date with +$4 M in net flows, whereas ZQQ is at 7.12% with -$38 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
QQQT
ZQQ
| AuM | $120.87 M | $2,948.65 M |
| Management Fees | 0.25% | 0.35% |
| Exp. ratio | 0.46% | 0.39% |
| Tracking Difference | - | -0.61% |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QQQT | +19.65% | +9.51% | +11.60% | +64.99% | - |
ZQQ | +13.13% | +5.32% | +7.12% | +39.21% | +102.52% | |
| Flows | QQQT | +$3 M | +$6 M | +$4 M | +$16 M | - |
ZQQ | +$82 M | -$3 M | -$38 M | +$177 M | +$154 M |
QQQT vs ZQQ exposure
Countries
QQQT
USA
92.84%
Other
7.16%
ZQQ
USA
96.36%
Sectors
QQQT
Information Technology
70.68%
Communication Services
19.08%
Other
9.63%
ZQQ
Information Technology
48.57%
Communication Services
15.23%
Consumer Discretionary
12.56%
Consumer Staples
8.83%
Other
14.80%
As of April 24, 2026
Top 10 Holdings
QQQT
NVIDIA
10.50%
BROADCOM LIMITED
10.20%
APPLE
9.92%
MICROSOFT-T
9.89%
META PLATFORMS
9.35%
ALPHABET INC-CL
5.04%
ALPHABET INC-CL
4.69%
MICRON TECHNOLOGY
3.62%
ADVANCED MICRO DEVICES
3.08%
US5128073062
2.52%
ZQQ
NVIDIA
8.51%
APPLE
7.68%
MICROSOFT-T
5.65%
AMAZON.COM INC
4.57%
TESLA
3.76%
WALMART INC
3.53%
ALPHABET INC-CL
3.38%
META PLATFORMS
3.36%
ALPHABET INC-CL
3.15%
BROADCOM LIMITED
2.95%
Diversification
QQQT
Total weight of top 10 holdings out of 39 total
68.81%
ZQQ
Total weight of top 10 holdings out of 101 total
46.55%
Characteristics
Compare
QQQT
ZQQ
| Provider | Evolve ETFs | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index - USD | NASDAQ-100 Currency Hedged CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.27% | 0.25% |
| Meets ESG criteria | No | No |
| Inception Date | July 11, 2023 | January 19, 2010 |
Frequently asked questions about QQQT and ZQQ
Which ETF has performed better year to date: QQQT or ZQQ?
As of April 24, 2026, QQQT has returned 11.60% year to date, while ZQQ has returned 7.12%. QQQT is ahead on YTD performance.
Which ETF is larger by assets under management: QQQT or ZQQ?
As of April 24, 2026, QQQT manages $120.87 M in assets, while ZQQ manages $2.95 B. ZQQ is the larger fund by AUM.
How are QQQT and ZQQ managed?
QQQT is passively managed by Evolve ETFs. It tracks the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index - USD benchmark. ZQQ is passively managed by BMO. It tracks the NASDAQ-100 Currency Hedged CAD Total Return Index - CAD benchmark.
What sectors do QQQT and ZQQ emphasize?
QQQT is most exposed to Information Technology, Communication Services, and Consumer Discretionary. ZQQ is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
Which ETF is attracting more investor flows: QQQT or ZQQ?
Year to date, QQQT has seen +$3.81 M in net flows, compared with -$37.50 M for ZQQ. QQQT has attracted more net investor money so far.
How do the fees of QQQT and ZQQ compare?
QQQT has an expense ratio of 0.46%, while ZQQ has an expense ratio of 0.39%.
What are the top holdings of QQQT and ZQQ?
QQQT's largest holdings include NVIDIA, BROADCOM LIMITED, and APPLE. ZQQ's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: QQQT or ZQQ?
QQQT holds 36 securities, while ZQQ holds 93. On holdings count, ZQQ is the more diversified portfolio.
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