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Compare BMO NASDAQ 100 Equity Index ETF (ZQQ) vs iShares NASDAQ 100 Index ETF (XQQU) to find the best fit for your portfolio. ZQQ and XQQU 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 XQQU. Performance-wise, ZQQ has returned 13.02% year-to-date with -$124 M in net flows, whereas XQQU is at 16.68% with +$30 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
XQQU
| AuM | $3,023.22 M | $191.01 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.39% |
| Tracking Difference | -0.62% | -0.63% |
Historical performance and flows
As of September 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZQQ | -3.59% | -3.77% | +13.02% | +17.09% | +82.56% |
XQQU | -2.98% | -3.73% | +16.68% | +21.07% | +105.18% | |
| Flows | ZQQ | +$10 M | -$68 M | -$124 M | -$115 M | +$114 M |
XQQU | +$3 M | +$5 M | +$30 M | +$14 M | +$136 M |
ZQQ vs XQQU exposure
Countries
ZQQ
USA
94.36%
XQQU
USA
94.34%
Sectors
ZQQ
Technology
67.71%
Consumer Non-Cyclicals
12.04%
Other
20.25%
XQQU
Technology
67.72%
Consumer Non-Cyclicals
12.02%
Other
20.26%
As of September 16, 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%
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%
Diversification
ZQQ
Total weight of top 10 holdings out of 103 total
46.05%
XQQU
Total weight of top 10 holdings out of 103 total
46.04%
Characteristics
Compare
ZQQ
XQQU
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | NASDAQ-100 Currency Hedged CAD 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 | 0.24% | 0.23% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2010 | September 6, 2023 |
Frequently asked questions about ZQQ and XQQU
Which ETF has performed better year to date: ZQQ or XQQU?
As of September 16, 2026, ZQQ has returned 13.02% year to date, while XQQU has returned 16.68%. XQQU is ahead on YTD performance.
Which ETF is larger by assets under management: ZQQ or XQQU?
As of September 16, 2026, ZQQ manages $3.02 B in assets, while XQQU manages $191.01 M. ZQQ is the larger fund by AUM.
How are ZQQ and XQQU managed?
ZQQ is passively managed by BMO. It tracks the NASDAQ-100 Currency Hedged CAD Total Return Index - CAD benchmark. XQQU is passively managed by iShares. It tracks the NASDAQ-100 Total Return Index - CAD benchmark.
What sectors do ZQQ and XQQU emphasize?
ZQQ is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare. XQQU is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare.
Which ETF is attracting more investor flows: ZQQ or XQQU?
Year to date, ZQQ has seen -$124.40 M in net flows, compared with +$29.82 M for XQQU. XQQU has attracted more net investor money so far.
How do the fees of ZQQ and XQQU compare?
ZQQ has an expense ratio of 0.39%, while XQQU has an expense ratio of 0.39%.
What are the top holdings of ZQQ and XQQU?
ZQQ's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. XQQU's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: ZQQ or XQQU?
ZQQ holds 102 securities, while XQQU holds 102. On holdings count, ZQQ is the more diversified portfolio.
Recent articles about ZQQ and XQQU
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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