
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 garnered positive attention due to its performance and unique corporate class structure, which offers tax efficiencies for Canadian investors. The ETF capitalizes on the strong performance of the NASDAQ index, making it a compelling option for those seeking exposure to technology and growth sectors. One key benefit highlighted is the ability to defer taxes on dividends, allowing for compounded growth without the immediate tax burden typically associated with income-generating investments. However, investors are advised to stay informed about the sustainability of its corporate class structure as it might impact future tax implications and investment returns. Overall, HXQ-T is being viewed as a favorable choice amidst an evolving market landscape.
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.
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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 TOP PICK. 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 Brooke Thackray on 2016-12-13. 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 2026-07-10, Global X NASDAQ-100 Index Corporate Class ETF (HXQ.TO) stock closed at a price of $121.42.
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.