A side-by-side comparison of iShares ESG Aware MSCI USA ETF (ESGU) and Invesco NASDAQ 100 ETF (QQQM) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | ESGU | QQQM |
|---|---|---|
| YTD Return | +1.74%✓ | -6.51% |
| 1-Day Change | -0.30%✓ | -0.59% |
| 1-Week Change | -0.49%✓ | -1.54% |
| 1-Month Change | -3.65% | -9.54%✓ |
| Current Price | $164.12 | $277.87 |
| AUM | $17.54B | $106.59B✓ |
| MER (Expense Ratio) | 0.15% | 0.15% |
| Dividend Yield | 0.90%✓ | 0.45% |
| Distribution Frequency | — | — |
| Inception Date | 2016-12-01 | 2020-10-13 |
| Holdings Count | 267 | 100 |
| MorningStar Rating | — | — |
| Category | US Equity | US Equity |
| Beta | 1.00 | 1.18 |
| 52-Week High | $171.09 | $314.12 |
| 52-Week Low | $136.22 | $228.24 |
| 50-Day MA | $167.51 | $296.88 |
| 200-Day MA | $159.50 | $280.35 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ESGU | QQQM |
|---|---|---|
| YTD | +1.74%✓ | -6.51% |
| 1 Year | +10.73%✓ | +9.25% |
| 3 Year | +20.59% | +22.19%✓ |
| 5 Year | +10.98% | +12.26%✓ |
| 10 Year | +0.00% | +0.00% |
| 1Y Volatility | 13.13% | 23.16% |
| Sharpe Ratio (3Y) | 1.42 | 1.11 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | AAPL | Apple Inc. | 7.97% |
| 2 | NVDA | NVIDIA Corporation | 6.56% |
| 3 | MSFT | Microsoft Corporation | 6.15% |
| 4 | AMZN | Amazon.com Inc | 3.79% |
| 5 | GOOG | Alphabet Inc Class C | 3.02% |
| 6 | AVGO | Broadcom Inc | 2.05% |
| 7 | META | Meta Platforms Inc. | 1.91% |
| 8 | LLY | Eli Lilly and Company | 1.75% |
| 9 | GOOGL | Alphabet Inc Class A | 1.74% |
| 10 | TSLA | Tesla Inc | 1.62% |
| 1 | AAPL | Apple Inc. | 8.18% |
| 2 | NVDA | NVIDIA Corporation | 7.77% |
| 3 | MSFT | Microsoft Corporation | 6.77% |
| 4 | AMZN | Amazon.com Inc | 4.70% |
| 5 | MU | Micron Technology Inc | 3.68% |
| 6 | AMD | Advanced Micro Devices Inc | 3.48% |
| 7 | TSLA | Tesla Inc | 3.25% |
| 8 | META | Meta Platforms Inc. | 3.25% |
| 9 | WMT | Walmart Inc. | 2.80% |
| 10 | GOOGL | Alphabet Inc Class A | 2.73% |
Sector Weights
| Sector | ESGU | QQQM |
|---|---|---|
| Basic Materials | 2.07% | 1.05% |
| Communication Services | 7.82% | 12.22% |
| Consumer Cyclicals | 9.48% | 11.23% |
| Consumer Defensive | 4.70% | 7.33% |
| Energy | 3.65% | 0.46% |
| Financial Services | 12.17% | 0.24% |
| Healthcare | 10.87% | 5.17% |
| Industrials | 7.88% | 5.43% |
| Real Estate | 2.21% | 0.00% |
| Technology | 37.59% | 57.87% |
| Utilities | 1.83% | 1.26% |
About ESGU
The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index is an optimized equity index designed to reflect the equity performance of U.S. companies that have favorable environmental, social and governance (ESG) characteristics, while exhibiting risk and return characteristics similar to those of the MSCI USA Ind…
About QQQM
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index weights its component securities using a "modified market capitalization-weighted" methodology, which takes into account the market value of the component securities subject to certain weight restrictions pursuant to the index provider"s methodology. It is non-diversified.
Which ETF is Right for You?
Both ESGU and QQQM are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, ESGU scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between ESGU and QQQM?
ESGU (iShares ESG Aware MSCI USA ETF) and QQQM (Invesco NASDAQ 100 ETF) are both Canadian-listed ETFs. Key differences include their AUM ($17.54B vs $106.59B), dividend yield (0.90% vs 0.45%), and year-to-date performance (+1.74% vs -6.51%).
Is ESGU better than QQQM?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, ESGU has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy ESGU and QQQM on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ESGU and QQQM should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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