VS
Compare BMO NASDAQ 100 Equity Index ETF (ZNQ) vs iShares NASDAQ 100 Index ETF (XQQU) to find the best fit for your portfolio. ZNQ and XQQU provide the same top sector exposures: Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, ZNQ features a management fee (MER) of 0.35%, compared to 0.35% for XQQU. Performance-wise, ZNQ has returned 24.14% year-to-date with -$46 M in net flows, whereas XQQU is at 24.14% with +$25 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
ZNQ
XQQU
| AuM | $2,400.18 M | $198.32 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.38% |
| Tracking Difference | -0.57% | -0.73% |
Historical performance and flows
As of June 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZNQ | +8.51% | +28.28% | +24.14% | +44.72% | +118.93% |
XQQU | +8.21% | +28.35% | +24.14% | +44.63% | - | |
| Flows | ZNQ | +$15 M | +$122 M | -$46 M | +$717 M | +$1,115 M |
XQQU | +$8 M | +$7 M | +$25 M | +$16 M | - |
ZNQ vs XQQU exposure
Countries
ZNQ
USA
96.42%
XQQU
USA
96.22%
Sectors
ZNQ
Information Technology
51.93%
Communication Services
14.82%
Consumer Discretionary
12.20%
Consumer Staples
7.59%
Other
13.46%
XQQU
Information Technology
51.33%
Communication Services
15.07%
Consumer Discretionary
12.21%
Consumer Staples
7.66%
Other
13.73%
As of June 18, 2026
Top 10 Holdings
ZNQ
NVIDIA
9.05%
APPLE
7.06%
MICROSOFT-T
5.61%
AMAZON.COM INC
5.03%
ALPHABET INC-CL
3.63%
META PLATFORMS
3.50%
BROADCOM LIMITED
3.42%
ALPHABET INC-CL
3.36%
TESLA
3.31%
WALMART INC
3.07%
XQQU
NVIDIA
8.53%
APPLE
7.01%
MICROSOFT-T
5.33%
AMAZON.COM INC
5.01%
ALPHABET INC-CL
3.94%
ALPHABET INC-CL
3.65%
BROADCOM LIMITED
3.48%
TESLA
3.35%
META PLATFORMS
3.17%
WALMART INC
3.13%
Diversification
ZNQ
Total weight of top 10 holdings out of 101 total
47.03%
XQQU
Total weight of top 10 holdings out of 101 total
46.62%
Characteristics
Compare
ZNQ
XQQU
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | NASDAQ-100 Total Return Index - CAD | NASDAQ-100 Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.20% | 0.21% |
| Meets ESG criteria | No | No |
| Inception Date | February 15, 2019 | September 6, 2023 |
Frequently asked questions about ZNQ and XQQU
Which ETF has performed better year to date: ZNQ or XQQU?
As of June 18, 2026, ZNQ has returned 24.14% year to date, while XQQU has returned 24.14%. XQQU is ahead on YTD performance.
Which ETF is larger by assets under management: ZNQ or XQQU?
As of June 18, 2026, ZNQ manages $2.40 B in assets, while XQQU manages $198.32 M. ZNQ is the larger fund by AUM.
How are ZNQ and XQQU managed?
ZNQ is passively managed by BMO. It tracks the NASDAQ-100 Total Return Index - CAD benchmark. XQQU is passively managed by iShares. It tracks the NASDAQ-100 Total Return Index - CAD benchmark.
What sectors do ZNQ and XQQU emphasize?
ZNQ is most exposed to Information Technology, Communication Services, and Consumer Discretionary. XQQU is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
Which ETF is attracting more investor flows: ZNQ or XQQU?
Year to date, ZNQ has seen -$46.09 M in net flows, compared with +$24.67 M for XQQU. XQQU has attracted more net investor money so far.
How do the fees of ZNQ and XQQU compare?
ZNQ has an expense ratio of 0.39%, while XQQU has an expense ratio of 0.38%.
What are the top holdings of ZNQ and XQQU?
ZNQ's largest holdings include NVIDIA, APPLE, and ALPHABET INC-CL. XQQU's top holdings include NVIDIA, ALPHABET INC-CL, and APPLE.
Which ETF is more diversified: ZNQ or XQQU?
ZNQ holds 93 securities, while XQQU holds 93. On holdings count, ZNQ is the more diversified portfolio.
Recent articles about ZNQ and XQQU
Tech Rally Propels US Stocks
Tech sector rallies, driving markets to new highs; Powell’s optimism and strong earnings bolster investor confidence.
Posted on 12/9/2024 by ETF Market Canada inTechnology
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.