iShares NASDAQ 100 Index ETF Review (XQQ) 2024
Wealth Awesome Rating: 75/100
This equity ETF has an MER of 0.39%. With lower than average fees, it’s a cost-effective option. Managing 72 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.
XQQ trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The iShares NASDAQ 100 Index (XQQ) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
What is the iShares NASDAQ 100 Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.39%. This ETF trades on the TSX exchange.XQQ stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $72MM
Expense Ratio: 0.39%
Price: $139.04 (Updated: 3/7/2024)
iShares NASDAQ 100 Index (XQQ) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| Microsoft Corporation | MSFT | 8.92695 |
| Apple Inc | AAPL | 8.66415 |
| Amazon.com Inc | AMZN | 4.84528 |
| NVIDIA Corporation | NVDA | 4.59112 |
| Broadcom Inc | AVGO | 4.30087 |
| Meta Platforms Inc. | META | 4.16194 |
| Tesla Inc | TSLA | 2.72258 |
| Alphabet Inc Class A | GOOGL | 2.50478 |
| Alphabet Inc Class C | GOOG | 2.4525 |
| Costco Wholesale Corp | COST | 2.39705 |
iShares NASDAQ 100 Index (XQQ) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 50.80608 |
| Big | 38.07947 |
| Medium | 10.37263 |
| Small | 0 |
| Micro | 0 |
iShares NASDAQ 100 Index (XQQ) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 0 | 2.30891 |
| Consumer Cyclicals | 12.90192 | 11.05899 |
| Financial Services | 0.46973 | 13.19634 |
| Real Estate | 0.2667 | 1.85655 |
| Communication Services | 15.55734 | 8.564 |
| Energy | 0.46794 | 3.51122 |
| Industrials | 4.84832 | 9.29279 |
| Technology | 51.32905 | 29.30908 |
| Consumer Defensive | 6.45908 | 5.70742 |
| Healthcare | 6.47664 | 13.25845 |
| Utilities | 1.22327 | 1.93624 |
iShares NASDAQ 100 Index (XQQ) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 97.183 | 98.591 |
| United Kingdom | 0.5195 | 0.32161 |
| Europe Developed | 1.115 | 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 | 0.606 | 0.084 |
| Latin America | 0.577 | 0.103 |
XQQ Management Expense Ratio
XQQ has a management expense ratio of 0.39% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy iShares NASDAQ 100 Index TSX ETF
You can buy XQQ 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 |