VS
TD Global Technology Leaders Index ETF (TEC) and Evolve NASDAQ Technology Index Fund (QQQT.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that TEC focuses its top 3 sector exposures on Technology, Consumer Non-Cyclicals, and Finance, while QQQT.U leans towards Technology, Business Services, and Finance. When evaluating costs, TEC features a management fee (MER) of 0.35%, compared to 0.25% for QQQT.U. Performance-wise, TEC has returned 19.46% year-to-date with +$725 M in net flows, whereas QQQT.U is at 28.68% 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
TEC
QQQT.U
| AuM | $5,321.65 M | $11.27 M |
| Management Fees | 0.35% | 0.25% |
| Exp. ratio | 0.39% | 0.46% |
| Tracking Difference | -0.48% | -1.01% |
Historical performance and flows
As of October 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TEC | -1.45% | +4.50% | +19.46% | +17.26% | +125.99% |
QQQT.U | -4.60% | +2.12% | +28.68% | +30.73% | +171.83% | |
| Flows | TEC | +$25 M | +$154 M | +$725 M | +$804 M | +$1,115 M |
QQQT.U | -$0 M | +$0 M | +$2 M | +$2 M | +$3 M |
TEC vs QQQT.U exposure
Countries
TEC
USA
88.95%
Other
11.05%
QQQT.U
USA
94.65%
Sectors
TEC
Technology
81.30%
Consumer Non-Cyclicals
7.02%
Other
11.68%
QQQT.U
Technology
94.67%
As of October 21, 2026
Top 10 Holdings
TEC
NVIDIA Corp.
12.74%
Apple, Inc.
11.23%
Microsoft Corp.
9.21%
Amazon.com, Inc.
6.19%
Alphabet, Inc.
4.92%
Broadcom Inc.
4.28%
Alphabet, Inc.
4.22%
Meta Platforms, Inc.
3.12%
Tesla, Inc.
2.79%
Micron Technology, Inc.
2.68%
QQQT.U
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%
Diversification
TEC
Total weight of top 10 holdings out of 227 total
61.38%
QQQT.U
Total weight of top 10 holdings out of 47 total
70.74%
Characteristics
Compare
TEC
QQQT.U
| Provider | TD Asset Management | Evolve ETFs |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Global Technology Leaders NTR Index - CAD | Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.06% | 0.17% |
| Meets ESG criteria | No | No |
| Inception Date | May 9, 2019 | July 11, 2023 |
Frequently asked questions about TEC and QQQT.U
Which ETF has performed better year to date: TEC or QQQT.U?
As of October 21, 2026, TEC has returned 19.46% year to date, while QQQT.U has returned 28.68%. QQQT.U is ahead on YTD performance.
Which ETF is larger by assets under management: TEC or QQQT.U?
As of October 21, 2026, TEC manages $5.32 B in assets, while QQQT.U manages $11.27 M. TEC is the larger fund by AUM.
How are TEC and QQQT.U managed?
TEC is passively managed by TD Asset Management. It tracks the Solactive Global Technology Leaders NTR Index - CAD benchmark. QQQT.U is passively managed by Evolve ETFs. It tracks the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index - USD benchmark.
What sectors do TEC and QQQT.U emphasize?
TEC is most exposed to Technology, Consumer Non-Cyclicals, and Finance. QQQT.U is most exposed to Technology, Business Services, and Finance.
Which ETF is attracting more investor flows: TEC or QQQT.U?
Year to date, TEC has seen +$725.35 M in net flows, compared with +$1.70 M for QQQT.U. TEC has attracted more net investor money so far.
How do the fees of TEC and QQQT.U compare?
TEC has an expense ratio of 0.39%, while QQQT.U has an expense ratio of 0.46%.
What are the top holdings of TEC and QQQT.U?
TEC's largest holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp.. QQQT.U's top holdings include Microsoft Corp., NVIDIA Corp., and Apple, Inc..
Which ETF is more diversified: TEC or QQQT.U?
TEC holds 226 securities, while QQQT.U holds 46. On holdings count, TEC is the more diversified portfolio.
Recent articles about TEC and QQQT.U
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.





