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Compare BMO NASDAQ 100 Equity Index ETF (ZQQ) vs iShares NASDAQ 100 Index ETF (XQQU.U) to find the best fit for your portfolio. ZQQ and XQQU.U 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.U. Performance-wise, ZQQ has returned 10.8% year-to-date with -$8 M in net flows, whereas XQQU.U is at 12.53% with -$22 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.U
| AuM | $3,069.01 M | $25.50 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.38% |
| Tracking Difference | -4.39% | -3.79% |
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% |
XQQU.U | -6.66% | +1.02% | +12.53% | +10.46% | +99.26% | |
| Flows | ZQQ | +$96 M | +$158 M | -$8 M | +$2 M | +$241 M |
XQQU.U | +$0 M | +$1 M | -$22 M | -$18 M | +$7 M |
ZQQ vs XQQU.U exposure
Countries
ZQQ
USA
94.64%
XQQU.U
USA
94.52%
Sectors
ZQQ
Technology
68.18%
Consumer Non-Cyclicals
10.60%
Other
21.22%
XQQU.U
Technology
68.27%
Consumer Non-Cyclicals
10.51%
Other
21.22%
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%
XQQU.U
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%
XQQU.U
Total weight of top 10 holdings out of 101 total
46.80%
Characteristics
Compare
ZQQ
XQQU.U
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | NASDAQ-100 Currency Hedged CAD Total Return Index - CAD | NASDAQ-100 Index - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.24% | 0.24% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2010 | September 6, 2023 |
Frequently asked questions about ZQQ and XQQU.U
Which ETF has performed better year to date: ZQQ or XQQU.U?
As of October 30, 2026, ZQQ has returned 10.80% year to date, while XQQU.U has returned 12.53%. XQQU.U is ahead on YTD performance.
Which ETF is larger by assets under management: ZQQ or XQQU.U?
As of October 30, 2026, ZQQ manages $3.07 B in assets, while XQQU.U manages $25.50 M. ZQQ is the larger fund by AUM.
How are ZQQ and XQQU.U managed?
ZQQ is passively managed by BMO. It tracks the NASDAQ-100 Currency Hedged CAD Total Return Index - CAD benchmark. XQQU.U is passively managed by iShares. It tracks the NASDAQ-100 Index - USD benchmark.
What sectors do ZQQ and XQQU.U emphasize?
ZQQ is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare. XQQU.U is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare.
Which ETF is attracting more investor flows: ZQQ or XQQU.U?
Year to date, ZQQ has seen -$7.72 M in net flows, compared with -$21.66 M for XQQU.U. ZQQ has attracted more net investor money so far.
How do the fees of ZQQ and XQQU.U compare?
ZQQ has an expense ratio of 0.39%, while XQQU.U has an expense ratio of 0.38%.
What are the top holdings of ZQQ and XQQU.U?
ZQQ's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. XQQU.U's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: ZQQ or XQQU.U?
ZQQ holds 100 securities, while XQQU.U holds 100. On holdings count, ZQQ is the more diversified portfolio.
Recent articles about ZQQ and XQQU.U
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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