XQQ.TO
iShares NASDAQ 100 Index ETF (CAD-Hedged)
Diversified ETF · Fund / ETF · Canada · ETF
Score Pending — Limited Data
We do not currently have enough commercially displayable fund-specific data to calculate a reliable score. This is not a negative assessment of the ETF.
ETFs on this site are scored by a separate, fund-specific model sourced from official SEC filings (Form N-PORT, N-CEN, Risk/Return Summary) when enough evidence exists -- this is not the same model or scale used for operating-company research pages. How it works →
Categories Without Displayable Evidence
Fund Overview
XQQ is the iShares NASDAQ 100 Index ETF (CAD-Hedged), managed by BlackRock Asset Management Canada Limited and listed on the Toronto Stock Exchange. It provides Canadian investors with exposure to large, non-financial U.S. companies listed on the Nasdaq Stock Market, with an added currency-hedging overlay intended to reduce the effect of Canadian-dollar/U.S.-dollar exchange-rate movements on returns.
Index Strategy
Multiple independent public sources (search-discovered; BlackRock's own product page and PDF documents were not successfully retrieved -- see source_documents) consistently describe XQQ's objective as long-term capital growth by tracking the NASDAQ-100 Index while hedging the resulting U.S.-dollar currency exposure back to Canadian dollars, net of fund expenses. The underlying NASDAQ-100 universe is a modified-capitalization-weighted index of the 100 largest non-financial companies listed on the Nasdaq exchange, with a well-documented tilt toward the technology sector; index membership and weights are set by Nasdaq, Inc., an independent third-party index provider (this index-level description is directly retrieved -- see source_documents).
Geographic Exposure
All underlying holdings are large-capitalization, primarily technology-sector companies listed on the Nasdaq exchange in the United States; the fund's U.S.-dollar currency exposure is substantially hedged back to the Canadian dollar.
Principal Risks
As a market-capitalization-weighted U.S. large-cap index fund with a currency-hedging overlay, XQQ carries general equity-market risk and sector-concentration risk common to its target index. The hedging strategy is intended to reduce, not eliminate, the effect of Canadian-dollar/U.S.-dollar exchange-rate movements on returns, and hedging itself introduces additional derivative-counterparty and tracking considerations relative to an unhedged fund.
Source Documents
- Nasdaq-100 Index (NDX) — Overview — Nasdaq, Inc. (2026-07-24)
- iShares NASDAQ 100 Index ETF (CAD-Hedged) | XQQ — official product page (search-discovered, not directly retrieved) — BlackRock Asset Management Canada Limited (iShares) (2026-07-29)
- iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ) — TSX listing record (search-discovered, not directly retrieved) — TMX Money / Toronto Stock Exchange (2026-07-29)
This report is for educational and research purposes only. It does not constitute financial, investment, legal, or tax advice — always conduct your own due diligence before making investment decisions.