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BMO SPDR Technology Select Sector Index ETF (ZXLK) and BMO NASDAQ 100 Equity Index ETF (ZQQ) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZXLK focuses its top 3 sector exposures on Technology, Business Services, and Non-Energy Materials, while ZQQ leans towards Technology, Consumer Non-Cyclicals, and Consumer Cyclicals. When evaluating costs, ZXLK features a management fee (MER) of 0.21%, compared to 0.35% for ZQQ. Performance-wise, ZXLK has returned 24.7% year-to-date with +$1 M in net flows, whereas ZQQ is at 10.02% with -$185 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
ZXLK
ZQQ
| AuM | $15.61 M | $2,885.99 M |
| Management Fees | 0.21% | 0.35% |
| Exp. ratio | 0.21% | 0.39% |
| Tracking Difference | - | -0.63% |
Historical performance and flows
As of July 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZXLK | -8.93% | +13.71% | +24.70% | +34.81% | - |
ZQQ | -7.23% | +2.28% | +10.02% | +18.30% | +71.65% | |
| Flows | ZXLK | -$28 M | -$26 M | +$1 M | +$2 M | - |
ZQQ | -$99 M | -$138 M | -$185 M | -$95 M | +$21 M |
ZXLK vs ZQQ exposure
Countries
ZXLK
USA
98.47%
ZQQ
USA
94.60%
Sectors
ZXLK
Technology
95.89%
ZQQ
Technology
69.72%
Consumer Non-Cyclicals
11.47%
Other
18.81%
As of July 30, 2026
Top 10 Holdings
ZXLK
NVIDIA Corp.
12.63%
Apple, Inc.
11.08%
Microsoft Corp.
7.22%
Advanced Micro Devices, Inc.
4.71%
Micron Technology, Inc.
4.67%
Broadcom Inc.
4.66%
Intel Corp.
4.20%
Applied Materials, Inc.
3.65%
Lam Research Corp.
3.45%
Cisco Systems, Inc.
2.95%
ZQQ
NVIDIA Corp.
7.54%
Apple, Inc.
6.61%
Micron Technology, Inc.
5.69%
Microsoft Corp.
4.38%
Amazon.com, Inc.
4.12%
Advanced Micro Devices, Inc.
3.88%
Tesla, Inc.
3.29%
Alphabet, Inc.
3.29%
Alphabet, Inc.
3.06%
Intel Corp.
2.92%
Diversification
ZXLK
Total weight of top 10 holdings out of 74 total
59.24%
ZQQ
Total weight of top 10 holdings out of 102 total
44.77%
Characteristics
Compare
ZXLK
ZQQ
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Technology Select Sector Total Return Index - USD | NASDAQ-100 Currency Hedged CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.25% | 0.24% |
| Meets ESG criteria | No | No |
| Inception Date | February 2, 2025 | January 19, 2010 |
Frequently asked questions about ZXLK and ZQQ
Which ETF has performed better year to date: ZXLK or ZQQ?
As of July 30, 2026, ZXLK has returned 24.70% year to date, while ZQQ has returned 10.02%. ZXLK is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLK or ZQQ?
As of July 30, 2026, ZXLK manages $15.61 M in assets, while ZQQ manages $2.89 B. ZQQ is the larger fund by AUM.
How are ZXLK and ZQQ managed?
ZXLK is passively managed by BMO. It tracks the S&P Technology Select Sector Total Return Index - USD benchmark. ZQQ is passively managed by BMO. It tracks the NASDAQ-100 Currency Hedged CAD Total Return Index - CAD benchmark.
What sectors do ZXLK and ZQQ emphasize?
ZXLK is most exposed to Technology, Business Services, and Non-Energy Materials. ZQQ is most exposed to Technology, Consumer Non-Cyclicals, and Consumer Cyclicals.
Which ETF is attracting more investor flows: ZXLK or ZQQ?
Year to date, ZXLK has seen +$1.03 M in net flows, compared with -$184.88 M for ZQQ. ZXLK has attracted more net investor money so far.
How do the fees of ZXLK and ZQQ compare?
ZXLK has an expense ratio of 0.21%, while ZQQ has an expense ratio of 0.39%.
What are the top holdings of ZXLK and ZQQ?
ZXLK's largest holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp.. ZQQ's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: ZXLK or ZQQ?
ZXLK holds 74 securities, while ZQQ holds 100. On holdings count, ZQQ is the more diversified portfolio.
Recent articles about ZXLK and ZQQ
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