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Compare iShares NASDAQ 100 Index ETF (XQQU) vs BMO NASDAQ 100 Equity Index ETF (ZQQ) to find the best fit for your portfolio. XQQU and ZQQ provide the same top sector exposures: Technology, Consumer Non-Cyclicals, and Healthcare. When evaluating costs, XQQU features a management fee (MER) of 0.35%, compared to 0.35% for ZQQ. Performance-wise, XQQU has returned 16.46% year-to-date with +$31 M in net flows, whereas ZQQ is at 13% with -$124 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
XQQU
ZQQ
| AuM | $191.61 M | $3,022.82 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.39% |
| Tracking Difference | -0.63% | -0.62% |
Historical performance and flows
As of September 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XQQU | -3.16% | -5.64% | +16.46% | +20.21% | - |
ZQQ | -3.60% | -5.63% | +13.00% | +16.97% | +82.81% | |
| Flows | XQQU | +$4 M | +$6 M | +$31 M | +$15 M | - |
ZQQ | +$10 M | -$88 M | -$124 M | -$124 M | +$114 M |
XQQU vs ZQQ exposure
Countries
XQQU
USA
94.34%
ZQQ
USA
94.36%
Sectors
XQQU
Technology
67.72%
Consumer Non-Cyclicals
12.02%
Other
20.26%
ZQQ
Technology
67.71%
Consumer Non-Cyclicals
12.04%
Other
20.25%
As of September 15, 2026
Top 10 Holdings
XQQU
Apple, Inc.
8.17%
NVIDIA Corp.
7.87%
Microsoft Corp.
5.59%
Micron Technology, Inc.
4.54%
Amazon.com, Inc.
4.22%
Advanced Micro Devices, Inc.
3.64%
Alphabet, Inc.
3.24%
Broadcom Inc.
3.07%
Alphabet, Inc.
3.04%
Meta Platforms, Inc.
2.66%
ZQQ
Apple, Inc.
8.17%
NVIDIA Corp.
7.87%
Microsoft Corp.
5.59%
Micron Technology, Inc.
4.54%
Amazon.com, Inc.
4.23%
Advanced Micro Devices, Inc.
3.64%
Alphabet, Inc.
3.24%
Broadcom Inc.
3.07%
Alphabet, Inc.
3.04%
Meta Platforms, Inc.
2.66%
Diversification
XQQU
Total weight of top 10 holdings out of 103 total
46.04%
ZQQ
Total weight of top 10 holdings out of 103 total
46.05%
Characteristics
Compare
XQQU
ZQQ
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | NASDAQ-100 Total Return Index - CAD | 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 | 0.23% | 0.24% |
| Meets ESG criteria | No | No |
| Inception Date | September 6, 2023 | January 19, 2010 |
Frequently asked questions about XQQU and ZQQ
Which ETF has performed better year to date: XQQU or ZQQ?
As of September 15, 2026, XQQU has returned 16.46% year to date, while ZQQ has returned 13.00%. XQQU is ahead on YTD performance.
Which ETF is larger by assets under management: XQQU or ZQQ?
As of September 15, 2026, XQQU manages $191.61 M in assets, while ZQQ manages $3.02 B. ZQQ is the larger fund by AUM.
How are XQQU and ZQQ managed?
XQQU is passively managed by iShares. It tracks the NASDAQ-100 Total Return Index - CAD benchmark. ZQQ is passively managed by BMO. It tracks the NASDAQ-100 Currency Hedged CAD Total Return Index - CAD benchmark.
What sectors do XQQU and ZQQ emphasize?
XQQU is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare. ZQQ is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare.
Which ETF is attracting more investor flows: XQQU or ZQQ?
Year to date, XQQU has seen +$30.78 M in net flows, compared with -$124.40 M for ZQQ. XQQU has attracted more net investor money so far.
How do the fees of XQQU and ZQQ compare?
XQQU has an expense ratio of 0.39%, while ZQQ has an expense ratio of 0.39%.
What are the top holdings of XQQU and ZQQ?
XQQU's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. ZQQ's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: XQQU or ZQQ?
XQQU holds 102 securities, while ZQQ holds 102. On holdings count, XQQU is the more diversified portfolio.
Recent articles about XQQU and ZQQ
Tech ETFs Plunge Amid Nasdaq-100 and S&P500 Decline
US markets fell sharply this week, with tech ETFs leading the decline. The S&P500 and Nasdaq 100 suffered heavy losses as semiconductor stocks came under acute pressure, dragging the tech sector down.
Posted on 9/9/2024 by ETF Market Canada inTechnology
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