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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 Technology, Business Services, and Finance, while ZQQ leans towards Technology, Consumer Non-Cyclicals, and Healthcare. When evaluating costs, QQQT features a management fee (MER) of 0.25%, compared to 0.35% for ZQQ. Performance-wise, QQQT has returned 22.19% year-to-date with +$35 M in net flows, whereas ZQQ is at 13.02% with -$18 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 | $161.56 M | $3,120.83 M |
| Management Fees | 0.25% | 0.35% |
| Exp. ratio | 0.46% | 0.39% |
| Tracking Difference | - | -0.60% |
Historical performance and flows
As of October 23, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QQQT | -8.31% | +0.27% | +22.19% | +23.32% | +148.26% |
ZQQ | -5.05% | +1.48% | +13.02% | +13.38% | +90.42% | |
| Flows | QQQT | +$20 M | +$16 M | +$35 M | +$49 M | +$102 M |
ZQQ | +$96 M | +$138 M | -$18 M | -$17 M | +$225 M |
QQQT vs ZQQ exposure
Countries
QQQT
USA
94.65%
ZQQ
USA
94.50%
Sectors
QQQT
Technology
94.67%
ZQQ
Technology
66.85%
Consumer Non-Cyclicals
11.82%
Other
21.33%
As of October 23, 2026
Top 10 Holdings
QQQT
Microsoft Corp.
11.94%
NVIDIA Corp.
10.78%
Apple, Inc.
10.68%
Broadcom Inc.
8.40%
Meta Platforms, Inc.
7.15%
Micron Technology, Inc.
5.70%
Alphabet, Inc.
4.84%
Alphabet, Inc.
4.48%
Advanced Micro Devices, Inc.
4.25%
Palantir Technologies, Inc.
2.50%
ZQQ
NVIDIA Corp.
8.41%
Apple, Inc.
7.51%
Microsoft Corp.
6.10%
Micron Technology, Inc.
4.65%
Amazon.com, Inc.
4.58%
Advanced Micro Devices, Inc.
3.36%
Alphabet, Inc.
3.23%
Alphabet, Inc.
2.99%
Broadcom Inc.
2.80%
Tesla, Inc.
2.79%
Diversification
QQQT
Total weight of top 10 holdings out of 47 total
70.74%
ZQQ
Total weight of top 10 holdings out of 102 total
46.40%
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 | 0.25% | 0.24% |
| 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 October 23, 2026, QQQT has returned 22.19% year to date, while ZQQ has returned 13.02%. QQQT is ahead on YTD performance.
Which ETF is larger by assets under management: QQQT or ZQQ?
As of October 23, 2026, QQQT manages $161.56 M in assets, while ZQQ manages $3.12 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 Technology, Business Services, and Finance. ZQQ is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare.
Which ETF is attracting more investor flows: QQQT or ZQQ?
Year to date, QQQT has seen +$34.66 M in net flows, compared with -$17.71 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 Microsoft Corp., NVIDIA Corp., and Apple, Inc.. ZQQ's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: QQQT or ZQQ?
QQQT holds 46 securities, while ZQQ holds 101. On holdings count, ZQQ is the more diversified portfolio.
Recent articles about QQQT and ZQQ
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