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Evolve NASDAQ Technology Enhanced Yield Index Fund ETF (QQQY) and BMO SPDR Technology Select Sector Index ETF (ZXLK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that QQQY focuses its top 3 sector exposures on Technology, Business Services, and Finance, while ZXLK leans towards Technology, Business Services, and Non-Energy Materials. When evaluating costs, QQQY features a management fee (MER) of 2%, compared to 0.21% for ZXLK. Performance-wise, QQQY has returned 15.47% year-to-date with +$15 M in net flows, whereas ZXLK is at 29.55% with +$13 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
QQQY
ZXLK
| AuM | $127.99 M | $27.81 M |
| Management Fees | 2.00% | 0.21% |
| Exp. ratio | 0.74% | 0.21% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QQQY | -2.34% | -3.00% | +15.47% | +20.36% | - |
ZXLK | -3.15% | -4.63% | +29.55% | +36.32% | - | |
| Flows | QQQY | -$5 M | +$4 M | +$15 M | +$20 M | - |
ZXLK | -$5 M | -$15 M | +$13 M | +$13 M | - |
QQQY vs ZXLK exposure
Countries
QQQY
USA
94.06%
ZXLK
USA
97.06%
Sectors
QQQY
Technology
95.07%
ZXLK
Technology
96.26%
As of September 15, 2026
Top 10 Holdings
QQQY
Microsoft Corp.
11.32%
Apple, Inc.
10.78%
NVIDIA Corp.
10.15%
Broadcom Inc.
9.17%
Meta Platforms, Inc.
7.21%
Alphabet, Inc.
5.27%
Micron Technology, Inc.
5.06%
Alphabet, Inc.
4.94%
Advanced Micro Devices, Inc.
4.46%
Intel Corp.
2.44%
ZXLK
NVIDIA Corp.
13.91%
Apple, Inc.
12.98%
Microsoft Corp.
9.88%
Broadcom Inc.
5.27%
Advanced Micro Devices, Inc.
4.23%
Micron Technology, Inc.
3.66%
Cisco Systems, Inc.
3.20%
Intel Corp.
2.98%
Applied Materials, Inc.
2.81%
Lam Research Corp.
2.56%
Diversification
QQQY
Total weight of top 10 holdings out of 48 total
70.81%
ZXLK
Total weight of top 10 holdings out of 73 total
61.48%
Characteristics
Compare
QQQY
ZXLK
| Provider | Evolve ETFs | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P Technology Select Sector Total Return Index - USD |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 11.06% | 0.24% |
| Meets ESG criteria | No | No |
| Inception Date | October 13, 2023 | February 2, 2025 |
Frequently asked questions about QQQY and ZXLK
Which ETF has performed better year to date: QQQY or ZXLK?
As of September 15, 2026, QQQY has returned 15.47% year to date, while ZXLK has returned 29.55%. ZXLK is ahead on YTD performance.
Which ETF is larger by assets under management: QQQY or ZXLK?
As of September 15, 2026, QQQY manages $127.99 M in assets, while ZXLK manages $27.81 M. QQQY is the larger fund by AUM.
How are QQQY and ZXLK managed?
QQQY is actively managed by Evolve ETFs. It does not track an index. ZXLK is passively managed by BMO. It tracks the S&P Technology Select Sector Total Return Index - USD benchmark.
What sectors do QQQY and ZXLK emphasize?
QQQY is most exposed to Technology, Business Services, and Finance. ZXLK is most exposed to Technology, Business Services, and Non-Energy Materials.
Which ETF is attracting more investor flows: QQQY or ZXLK?
Year to date, QQQY has seen +$15.01 M in net flows, compared with +$13.00 M for ZXLK. QQQY has attracted more net investor money so far.
How do the fees of QQQY and ZXLK compare?
QQQY has an expense ratio of 0.74%, while ZXLK has an expense ratio of 0.21%.
What are the top holdings of QQQY and ZXLK?
QQQY's largest holdings include Microsoft Corp., Apple, Inc., and Alphabet, Inc.. ZXLK's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: QQQY or ZXLK?
QQQY holds 47 securities, while ZXLK holds 73. On holdings count, ZXLK is the more diversified portfolio.
Recent articles about QQQY and ZXLK
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