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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 Information Technology, Communication Services, and Consumer Discretionary, while TEC leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, XQQ features a management fee (MER) of 0.35%, compared to 0.35% for TEC. Performance-wise, XQQ has returned 7.05% year-to-date with +$408 M in net flows, whereas TEC is at 4.65% with +$594 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 | $4,940.66 M | $4,543.13 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.39% |
| Tracking Difference | -0.61% | -0.46% |
Historical performance and flows
As of April 27, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XQQ | +17.43% | +4.35% | +7.05% | +37.68% | +99.49% |
TEC | +18.67% | +3.90% | +4.65% | +39.09% | +120.34% | |
| Flows | XQQ | +$88 M | +$400 M | +$408 M | +$509 M | +$897 M |
TEC | +$287 M | +$519 M | +$594 M | +$759 M | +$1,327 M |
XQQ vs TEC exposure
Countries
XQQ
USA
96.22%
TEC
USA
87.50%
Other
12.50%
Sectors
XQQ
Information Technology
48.90%
Communication Services
15.29%
Consumer Discretionary
12.56%
Consumer Staples
8.54%
Other
14.71%
TEC
Information Technology
64.07%
Communication Services
16.04%
Consumer Discretionary
12.17%
Other
7.72%
As of April 27, 2026
Top 10 Holdings
XQQ
NVIDIA
8.68%
APPLE
7.63%
MICROSOFT-T
5.63%
AMAZON.COM INC
4.58%
TESLA
3.80%
META PLATFORMS
3.45%
WALMART INC
3.43%
ALPHABET INC-CL
3.43%
ALPHABET INC-CL
3.19%
BROADCOM LIMITED
3.00%
TEC
NVIDIA
12.90%
APPLE
11.81%
MICROSOFT-T
8.63%
AMAZON.COM INC
6.28%
ALPHABET INC-CL
5.26%
BROADCOM LIMITED
4.61%
ALPHABET INC-CL
4.55%
META PLATFORMS
3.76%
TESLA
3.46%
ASML HOLDING
1.66%
Diversification
XQQ
Total weight of top 10 holdings out of 101 total
46.82%
TEC
Total weight of top 10 holdings out of 205 total
62.92%
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 | 0.23% | 0.11% |
| 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 April 27, 2026, XQQ has returned 7.05% year to date, while TEC has returned 4.65%. XQQ is ahead on YTD performance.
Which ETF is larger by assets under management: XQQ or TEC?
As of April 27, 2026, XQQ manages $4.94 B in assets, while TEC manages $4.54 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 Information Technology, Communication Services, and Consumer Discretionary. TEC is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
Which ETF is attracting more investor flows: XQQ or TEC?
Year to date, XQQ has seen +$408.39 M in net flows, compared with +$594.10 M for TEC. TEC 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, APPLE, and ALPHABET INC-CL. TEC's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: XQQ or TEC?
XQQ holds 93 securities, while TEC holds 196. On holdings count, TEC is the more diversified portfolio.
Recent articles about XQQ and TEC
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