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BMO NASDAQ 100 Equity Index ETF (ZQQ) and TD Global Technology Leaders Index ETF (TEC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZQQ 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, ZQQ features a management fee (MER) of 0.35%, compared to 0.35% for TEC. Performance-wise, ZQQ has returned 7.12% year-to-date with -$38 M in net flows, whereas TEC is at 4.73% 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
ZQQ
TEC
| AuM | $2,948.65 M | $4,546.41 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 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZQQ | +13.13% | +5.32% | +7.12% | +39.21% | +102.52% |
TEC | +14.73% | +4.49% | +4.73% | +40.82% | +124.60% | |
| Flows | ZQQ | +$82 M | -$3 M | -$38 M | +$177 M | +$154 M |
TEC | +$304 M | +$533 M | +$594 M | +$733 M | +$1,327 M |
ZQQ vs TEC exposure
Countries
ZQQ
USA
96.36%
TEC
USA
87.50%
Other
12.50%
Sectors
ZQQ
Information Technology
48.57%
Communication Services
15.23%
Consumer Discretionary
12.56%
Consumer Staples
8.83%
Other
14.80%
TEC
Information Technology
64.07%
Communication Services
16.04%
Consumer Discretionary
12.17%
Other
7.72%
As of April 24, 2026
Top 10 Holdings
ZQQ
NVIDIA
8.51%
APPLE
7.68%
MICROSOFT-T
5.65%
AMAZON.COM INC
4.57%
TESLA
3.76%
WALMART INC
3.53%
ALPHABET INC-CL
3.38%
META PLATFORMS
3.36%
ALPHABET INC-CL
3.15%
BROADCOM LIMITED
2.95%
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
ZQQ
Total weight of top 10 holdings out of 101 total
46.55%
TEC
Total weight of top 10 holdings out of 205 total
62.92%
Characteristics
Compare
ZQQ
TEC
| Provider | BMO | 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 | 0.25% | 0.11% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2010 | May 9, 2019 |
Frequently asked questions about ZQQ and TEC
Which ETF has performed better year to date: ZQQ or TEC?
As of April 24, 2026, ZQQ has returned 7.12% year to date, while TEC has returned 4.73%. ZQQ is ahead on YTD performance.
Which ETF is larger by assets under management: ZQQ or TEC?
As of April 24, 2026, ZQQ manages $2.95 B in assets, while TEC manages $4.55 B. TEC is the larger fund by AUM.
How are ZQQ and TEC managed?
ZQQ is passively managed by BMO. 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 ZQQ and TEC emphasize?
ZQQ 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: ZQQ or TEC?
Year to date, ZQQ has seen -$37.50 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 ZQQ and TEC compare?
ZQQ has an expense ratio of 0.39%, while TEC has an expense ratio of 0.39%.
What are the top holdings of ZQQ and TEC?
ZQQ'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: ZQQ or TEC?
ZQQ holds 93 securities, while TEC holds 196. On holdings count, TEC is the more diversified portfolio.
Recent articles about ZQQ and TEC
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