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Compare BMO NASDAQ 100 Equity Index ETF (ZQQ) vs iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ) to find the best fit for your portfolio. ZQQ and XQQ provide the same top sector exposures: Technology, Consumer Non-Cyclicals, and Healthcare. When evaluating costs, ZQQ features a management fee (MER) of 0.35%, compared to 0.35% for XQQ. Performance-wise, ZQQ has returned 10.8% year-to-date with -$8 M in net flows, whereas XQQ is at 10.79% with +$1 B. 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
XQQ
| AuM | $3,069.01 M | $5,694.19 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.39% |
| Tracking Difference | -0.56% | -0.55% |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZQQ | -6.72% | +0.71% | +10.80% | +8.42% | +90.29% |
XQQ | -6.70% | +0.72% | +10.79% | +8.43% | +90.33% | |
| Flows | ZQQ | +$96 M | +$158 M | -$8 M | +$2 M | +$241 M |
XQQ | +$479 M | +$476 M | +$1,032 M | +$1,055 M | +$1,589 M |
ZQQ vs XQQ exposure
Countries
ZQQ
USA
94.64%
XQQ
USA
94.55%
Sectors
ZQQ
Technology
68.18%
Consumer Non-Cyclicals
10.60%
Other
21.22%
XQQ
Technology
68.30%
Consumer Non-Cyclicals
10.52%
Other
21.19%
As of October 30, 2026
Top 10 Holdings
ZQQ
NVIDIA Corp.
8.34%
Apple, Inc.
7.32%
Microsoft Corp.
5.75%
Micron Technology, Inc.
5.06%
Advanced Micro Devices, Inc.
4.18%
Amazon.com, Inc.
4.05%
Meta Platforms, Inc.
3.35%
Alphabet, Inc.
3.05%
Alphabet, Inc.
2.84%
Tesla, Inc.
2.82%
XQQ
NVIDIA Corp.
8.35%
Apple, Inc.
7.37%
Microsoft Corp.
5.78%
Micron Technology, Inc.
5.04%
Advanced Micro Devices, Inc.
4.18%
Amazon.com, Inc.
4.08%
Meta Platforms, Inc.
3.27%
Alphabet, Inc.
3.06%
Alphabet, Inc.
2.86%
Tesla, Inc.
2.83%
Diversification
ZQQ
Total weight of top 10 holdings out of 101 total
46.75%
XQQ
Total weight of top 10 holdings out of 101 total
46.83%
Characteristics
Compare
ZQQ
XQQ
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | NASDAQ-100 Currency Hedged CAD 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 | 0.24% | 0.23% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2010 | May 3, 2011 |
Frequently asked questions about ZQQ and XQQ
Which ETF has performed better year to date: ZQQ or XQQ?
As of October 30, 2026, ZQQ has returned 10.80% year to date, while XQQ has returned 10.79%. ZQQ is ahead on YTD performance.
Which ETF is larger by assets under management: ZQQ or XQQ?
As of October 30, 2026, ZQQ manages $3.07 B in assets, while XQQ manages $5.69 B. XQQ is the larger fund by AUM.
How are ZQQ and XQQ managed?
ZQQ is passively managed by BMO. It tracks the NASDAQ-100 Currency Hedged CAD Total Return Index - CAD benchmark. XQQ is passively managed by iShares. It tracks the NASDAQ-100 Currency Hedged CAD Total Return Index - CAD benchmark.
What sectors do ZQQ and XQQ emphasize?
ZQQ is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare. XQQ is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare.
Which ETF is attracting more investor flows: ZQQ or XQQ?
Year to date, ZQQ has seen -$7.72 M in net flows, compared with +$1,032.41 M for XQQ. XQQ has attracted more net investor money so far.
How do the fees of ZQQ and XQQ compare?
ZQQ has an expense ratio of 0.39%, while XQQ has an expense ratio of 0.39%.
What are the top holdings of ZQQ and XQQ?
ZQQ's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. XQQ's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: ZQQ or XQQ?
ZQQ holds 100 securities, while XQQ holds 100. On holdings count, ZQQ is the more diversified portfolio.
Recent articles about ZQQ and XQQ
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