Question 1

What is ZQQ?

Accepted Answer

ZQQ — BMO NASDAQ 100 Equity (CAD Hedged) — is a Canadian-listed ETF trading on the TSX. The BMO Nasdaq 100 Equity Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of teh NASDAQ-100 Index Hedged to CAD, net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index. The U.S. dollar currency exposure is hedged back to the Canadian dollar.

Question 2

What is the ZQQ ETF price today?

Accepted Answer

ZQQ last traded at $197.91 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZQQ MER (management expense ratio)?

Accepted Answer

ZQQ has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, ZQQ is considered a low-cost ETF.

Question 4

What are ZQQ annualised returns?

Accepted Answer

ZQQ historical returns: YTD: +14.90%, 1-year: +32.79%, 3-year annualised: +24.44%, 5-year annualised: +15.01%, 10-year annualised: +19.82%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.28, which measures risk-adjusted return.

Question 5

Does ZQQ pay dividends or distributions?

Accepted Answer

Yes, ZQQ distributes income to unitholders. The current distribution yield is approximately 0.22%, paid annually. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does ZQQ invest in?

Accepted Answer

ZQQ's top holdings include NVIDIA Corporation (NVDA, 8.4%), Apple Inc. (AAPL, 7.1%), Microsoft Corporation (MSFT, 5.0%), Micron Technology Inc (MU, 4.8%), Amazon.com Inc (AMZN, 4.3%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar US Market TR CAD.

Question 7

What sectors does ZQQ invest in?

Accepted Answer

ZQQ's largest sector exposures are Technology (56.7%), Communication Services (14.8%), Consumer Cyclicals (11.7%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZQQ? (Assets under management)

Accepted Answer

ZQQ has approximately $3.20B in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was ZQQ launched?

Accepted Answer

ZQQ was launched on January 19, 2010, giving it a 16-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy ZQQ in Canada?

Accepted Answer

ZQQ trades on the TSX under the ticker ZQQ. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is ZQQ?

Accepted Answer

ZQQ has a 1-year volatility of 19.83% and a beta of 1.20 (more volatile than the broad market). Its 3-year Sharpe ratio of 1.28 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-13	$199.80	$199.80	$197.34	$197.91	$197.91	58,241
2026-07-10	$200.51	$201.88	$199.20	$201.62	$201.62	97,620
2026-07-09	$199.50	$201.30	$198.91	$200.90	$200.90	38,897
2026-07-08	$196.16	$197.98	$194.92	$197.80	$197.80	92,437
2026-07-07	$198.50	$198.51	$196.13	$197.21	$197.21	73,829
2026-07-06	$200.26	$201.67	$199.83	$200.75	$200.75	24,995
2026-07-03	$200.92	$202.00	$198.50	$198.50	$198.50	77,292
2026-07-02	$202.00	$203.20	$196.96	$198.28	$198.28	78,774
2026-06-30	$201.44	$205.10	$201.44	$204.71	$204.71	60,300
2026-06-29	$198.15	$201.48	$195.93	$201.48	$201.48	100,635

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	8.39%
2	AAPL	Apple Inc.	7.08%
3	MSFT	Microsoft Corporation	4.97%
4	MU	Micron Technology Inc	4.82%
5	AMZN	Amazon.com Inc	4.34%
6	AMD	Advanced Micro Devices Inc	3.55%
7	GOOGL	Alphabet Inc Class A	3.52%
8	TSLA	Tesla Inc	3.28%
9	GOOG	Alphabet Inc Class C	3.27%
10	AVGO	Broadcom Inc	3.08%

Sector	Weight
Technology	56.73%
Communication Services	14.83%
Consumer Cyclicals	11.71%
Consumer Defensive	7.14%
Healthcare	3.80%
Industrials	2.74%
Utilities	1.19%
Basic Materials	1.07%
Energy	0.54%
Financial Services	0.19%
Real Estate	0.06%

BMO NASDAQ 100 Equity (CAD Hedged) (ZQQ : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About BMO NASDAQ 100 Equity (CAD Hedged)

ETF Details

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Frequently Asked Questions — ZQQ