
TSE:HXQ
This summary was created by AI, based on 1 opinions in the last 12 months.
The Global X NASDAQ-100 Index Corporate Class ETF (HXQ-T) has received positive feedback from experts, especially due to its strong performance linked to the NASDAQ index. As a corporate class ETF, it offers certain tax efficiencies advantageous for Canadian investors, allowing for the deferral of taxes on dividends and related income until the sale of shares. This structure permits all income to compound over time, which can enhance overall returns. However, there is a note of caution regarding the future robustness of this tax-efficient structure, implying that investors should keep a watchful eye on any regulatory changes that could impact its benefits. Overall, the ETF appears to be a suitable option for those looking to invest in a strong tech-driven market while maintaining tax efficiency.
We do like HXQ and it is our top pick for a CAD ETF that tracks the NASDAQ-100. We also think XQQ is another good option although it is hedged. XQQU is the unhedged version but it is very new, small and charges a higher fee so we like HXQ better. HXQ is also a 'total return' fund that pays no distributions, and this can be efficient for taxes.
Unlock Premium - Try 5i Free
Global X NASDAQ-100 Index Corporate Class ETF is a Canadian stock, trading under the symbol HXQ.TO (previously HXQ-T on Stockchase) on the Toronto Stock Exchange (HXQ-CT). It is usually referred to as TSX:HXQ or HXQ.TO
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on HXQ.TO (previously HXQ-T on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is BUY. Read the latest stock experts' ratings for Global X NASDAQ-100 Index Corporate Class ETF.
Global X NASDAQ-100 Index Corporate Class ETF was recommended as a Top Pick by Mike Philbrick on 2025-09-26. Read the latest stock experts ratings for Global X NASDAQ-100 Index Corporate Class ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Global X NASDAQ-100 Index Corporate Class ETF.
Global X NASDAQ-100 Index Corporate Class ETF is followed by 45 investors on Stockchase and is a trending stock that is worth watching.
On 2026-08-11, Global X NASDAQ-100 Index Corporate Class ETF (HXQ.TO) stock closed at a price of $118.19.
The NASDAQ has been doing great. Structured as a corporate class ETF, which allows for some tax efficiencies in Canadian jurisdictions. You don't have to report dividends, etc. arising from the portfolio, as it all just compounds. Defers tax until you sell, at which time you'll most likely pay capital gains tax.
Keep an eye to make sure this structure continues to be robust in the future.