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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 Technology, Consumer Non-Cyclicals, and Healthcare, while TEC leans towards Technology, Consumer Non-Cyclicals, and Finance. When evaluating costs, ZQQ features a management fee (MER) of 0.35%, compared to 0.35% for TEC. Performance-wise, ZQQ has returned 14.7% year-to-date with -$115 M in net flows, whereas TEC is at 16.15% with +$697 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 | $3,078.15 M | $5,146.61 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.39% |
| Tracking Difference | -0.62% | -0.50% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZQQ | -0.65% | -0.60% | +14.70% | +20.20% | +82.44% |
TEC | -0.15% | +2.93% | +16.15% | +20.61% | +107.53% | |
| Flows | ZQQ | +$30 M | -$79 M | -$115 M | -$122 M | +$112 M |
TEC | +$37 M | +$172 M | +$697 M | +$847 M | +$1,092 M |
ZQQ vs TEC exposure
Countries
ZQQ
USA
94.36%
TEC
USA
89.35%
Other
10.65%
Sectors
ZQQ
Technology
67.71%
Consumer Non-Cyclicals
12.04%
Other
20.25%
TEC
Technology
81.26%
Consumer Non-Cyclicals
7.60%
Other
11.14%
As of September 11, 2026
Top 10 Holdings
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%
TEC
NVIDIA Corp.
12.14%
Apple, Inc.
11.44%
Microsoft Corp.
8.82%
Amazon.com, Inc.
6.75%
Alphabet, Inc.
5.36%
Broadcom Inc.
4.68%
Alphabet, Inc.
4.68%
Meta Platforms, Inc.
3.15%
Tesla, Inc.
2.69%
Micron Technology, Inc.
2.40%
Diversification
ZQQ
Total weight of top 10 holdings out of 103 total
46.05%
TEC
Total weight of top 10 holdings out of 229 total
62.11%
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 | 0.23% | 0.08% |
| 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 September 11, 2026, ZQQ has returned 14.70% year to date, while TEC has returned 16.15%. TEC is ahead on YTD performance.
Which ETF is larger by assets under management: ZQQ or TEC?
As of September 11, 2026, ZQQ manages $3.08 B in assets, while TEC manages $5.15 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 Technology, Consumer Non-Cyclicals, and Healthcare. TEC is most exposed to Technology, Consumer Non-Cyclicals, and Finance.
Which ETF is attracting more investor flows: ZQQ or TEC?
Year to date, ZQQ has seen -$114.58 M in net flows, compared with +$697.24 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 Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. TEC's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: ZQQ or TEC?
ZQQ holds 102 securities, while TEC holds 228. On holdings count, TEC is the more diversified portfolio.
Recent articles about ZQQ and TEC
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