Wealth Awesome Rating: 74/100
This equity ETF has an MER of 0.40%. With lower than average fees, it’s a cost-effective option. Managing 227 million in assets, it’s less popular among investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
ZQQ trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The BMO NASDAQ 100 Equity Hedged to CAD Index (ZQQ) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
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What is the BMO NASDAQ 100 Equity Hedged to CAD Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.40%. This ETF trades on the TSX exchange.ZQQ stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $227MM
Expense Ratio: 0.40%
Price: $128.72 (Updated: 3/7/2024)
BMO NASDAQ 100 Equity Hedged to CAD Index (ZQQ) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| Apple Inc | AAPL | 9.25135 |
| Microsoft Corporation | MSFT | 8.63452 |
| Amazon.com Inc | AMZN | 4.85149 |
| Broadcom Inc | AVGO | 4.15992 |
| Meta Platforms Inc. | META | 3.86156 |
| NVIDIA Corporation | NVDA | 3.78029 |
| Tesla Inc | TSLA | 3.69454 |
| Alphabet Inc Class A | GOOGL | 2.5539 |
| Alphabet Inc Class C | GOOG | 2.49258 |
| Costco Wholesale Corp | COST | 2.33067 |
BMO NASDAQ 100 Equity Hedged to CAD Index (ZQQ) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 51.80651 |
| Big | 37.45666 |
| Medium | 10.68077 |
| Small | 0 |
| Micro | 0 |
BMO NASDAQ 100 Equity Hedged to CAD Index (ZQQ) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 0 | 2.30891 |
| Consumer Cyclicals | 13.00522 | 11.05899 |
| Financial Services | 0.51651 | 13.19634 |
| Real Estate | 0.26623 | 1.85655 |
| Communication Services | 15.55086 | 8.564 |
| Energy | 0.43623 | 3.51122 |
| Industrials | 4.8902 | 9.29279 |
| Technology | 50.60607 | 29.30908 |
| Consumer Defensive | 6.62356 | 5.70742 |
| Healthcare | 6.94508 | 13.25845 |
| Utilities | 1.16005 | 1.93624 |
BMO NASDAQ 100 Equity Hedged to CAD Index (ZQQ) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 97.093 | 98.591 |
| United Kingdom | 0.54871 | 0.32161 |
| Europe Developed | 1.02 | 0.753 |
| Europe Emerging | 0 | 0 |
| Africa/Middle East | 0 | 0.03 |
| Japan | 0 | 0.071 |
| Australasia | 0 | 0 |
| Asia Developed | 0 | 0.046 |
| Asia Emerging | 0.662 | 0.084 |
| Latin America | 0.676 | 0.103 |
ZQQ Management Expense Ratio
ZQQ has a management expense ratio of 0.40% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy BMO NASDAQ 100 Equity Hedged to CAD Index TSX ETF
You can buy ZQQ on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
