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iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ) and TD Global Technology Leaders Index ETF (TEC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XQQ focuses its top 3 sector exposures on Technology, Consumer Non-Cyclicals, and Healthcare, while TEC leans towards Technology, Consumer Non-Cyclicals, and Finance. When evaluating costs, XQQ features a management fee (MER) of 0.35%, compared to 0.35% for TEC. Performance-wise, XQQ has returned 14.21% year-to-date with +$1 B in net flows, whereas TEC is at 16.58% with +$731 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
XQQ
TEC
| AuM | $5,887.45 M | $5,199.79 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.39% |
| Tracking Difference | -0.61% | -0.48% |
Historical performance and flows
As of October 26, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XQQ | -3.40% | +4.10% | +14.21% | +11.37% | +99.40% |
TEC | -3.82% | +5.73% | +16.58% | +11.06% | +126.86% | |
| Flows | XQQ | +$489 M | +$521 M | +$1,051 M | +$1,078 M | +$1,615 M |
TEC | +$28 M | +$133 M | +$731 M | +$805 M | +$1,118 M |
XQQ vs TEC exposure
Countries
XQQ
USA
94.45%
TEC
USA
88.95%
Other
11.05%
Sectors
XQQ
Technology
66.86%
Consumer Non-Cyclicals
11.68%
Other
21.46%
TEC
Technology
81.30%
Consumer Non-Cyclicals
7.02%
Other
11.68%
As of October 26, 2026
Top 10 Holdings
XQQ
NVIDIA Corp.
8.52%
Apple, Inc.
7.42%
Microsoft Corp.
6.01%
Micron Technology, Inc.
4.76%
Amazon.com, Inc.
4.45%
Advanced Micro Devices, Inc.
3.38%
Alphabet, Inc.
3.15%
Tesla, Inc.
2.93%
Alphabet, Inc.
2.92%
Broadcom Inc.
2.80%
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%
Diversification
XQQ
Total weight of top 10 holdings out of 102 total
46.33%
TEC
Total weight of top 10 holdings out of 227 total
61.38%
Characteristics
Compare
XQQ
TEC
| Provider | iShares | TD Asset Management |
| Management | Passively managed | Passively managed |
| Benchmark | NASDAQ-100 Currency Hedged CAD Total Return Index - 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 | 0.22% | 0.07% |
| Meets ESG criteria | No | No |
| Inception Date | May 3, 2011 | May 9, 2019 |
Frequently asked questions about XQQ and TEC
Which ETF has performed better year to date: XQQ or TEC?
As of October 26, 2026, XQQ has returned 14.21% year to date, while TEC has returned 16.58%. TEC is ahead on YTD performance.
Which ETF is larger by assets under management: XQQ or TEC?
As of October 26, 2026, XQQ manages $5.89 B in assets, while TEC manages $5.20 B. XQQ is the larger fund by AUM.
How are XQQ and TEC managed?
XQQ is passively managed by iShares. It tracks the NASDAQ-100 Currency Hedged CAD Total Return Index - CAD benchmark. TEC is passively managed by TD Asset Management. It tracks the Solactive Global Technology Leaders NTR Index - CAD benchmark.
What sectors do XQQ and TEC emphasize?
XQQ is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare. TEC is most exposed to Technology, Consumer Non-Cyclicals, and Finance.
Which ETF is attracting more investor flows: XQQ or TEC?
Year to date, XQQ has seen +$1,050.54 M in net flows, compared with +$731.45 M for TEC. XQQ has attracted more net investor money so far.
How do the fees of XQQ and TEC compare?
XQQ has an expense ratio of 0.39%, while TEC has an expense ratio of 0.39%.
What are the top holdings of XQQ and TEC?
XQQ's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. TEC's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: XQQ or TEC?
XQQ holds 101 securities, while TEC holds 226. On holdings count, TEC is the more diversified portfolio.
Recent articles about XQQ and TEC
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