TSE:HXQ

Global X NASDAQ-100 Index Corporate Class ETF (HXQ.TO)

117.54
-0.73 (0.62%)
as of Jul 22, 2026, 7:56:05 pm Market Open.
45 watching
0
Investor Insights
star iconJul 22, 2026, 12:00 am

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, particularly regarding its performance linked to the NASDAQ index. As a corporate class ETF, it offers tax advantages for Canadian investors, with the unique feature of allowing earnings to compound without immediate tax implications. Instead of receiving dividends that need to be reported annually, investors can defer taxation until the sale of the ETF, when they will likely only incur capital gains tax. However, it is advisable for investors to regularly monitor the fund's structure to ensure its tax efficiency remains intact over time.

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Consensus
Positive
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Valuation
Fair Value
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Similar
IVV
BUY

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.

BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

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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SELL

Investors have been rewarded, but valuations are stretched for the NASDAQ, so be careful. Higher expense ratio of 28 bps, there are strategies out there with lower expense. 

BUY

In CAD and USD, and charges an MER of 0.28%. Own this in a non-registered account. Holds the big tech names like Amazon, Apple and Tesla. HXQ has done well this year, but a caveat is that only Microsoft has outperformed the market since 2000.

WEAK BUY
HXQ vs. ZQQ, if tech continues to do well. Tech touches us in every sense and every part of what we do. Interest rates are on the rise, and growth stocks like tech tend to underperform in that environment. Stick with tried and true, like FB, GOOG, and MSFT. The BMO strategy is hedged. He prefers the unhedged version, HXQ, especially as the CAD is at the higher end of a 6-7 year range. Also, the HXQ is cheaper at 28 bps; whereas ZQQ is 39 bps. Greater tax efficiency with HXQ when you look at non-registered accounts. US dividends from these tech stocks are characterized as deferred capital gains, so for non-registered investors, that may be a compelling reason to go with HXQ.
BUY

vs. ZQQ ZQQ is CAD-hedged, so where do you think the CAD will move? HXQ is similar to ZQQ, but a cheaper MER at 0.28%. ZQQ has no hedge to CAD. He prefers HXQ, because it's cheaper and unhedged.

PAST TOP PICK

(Top Pick Dec 13/16, Up 8.02%) He has hung on past the end of the seasonal period by a month and is moving his stop up tighter and tighter.

TOP PICK

This represents the NASDAQ 100, and NASDAQ stocks tend to perform well from mid December into January. Part of that is technology.

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Global X NASDAQ-100 Index Corporate Class ETF (HXQ.TO) Frequently Asked Questions

What is Global X NASDAQ-100 Index Corporate Class ETF stock symbol?

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

Is Global X NASDAQ-100 Index Corporate Class ETF a buy or a sell?

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.

Is Global X NASDAQ-100 Index Corporate Class ETF a good investment or a top pick?

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.

Why is Global X NASDAQ-100 Index Corporate Class ETF stock dropping?

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.

Is Global X NASDAQ-100 Index Corporate Class ETF worth watching?

Global X NASDAQ-100 Index Corporate Class ETF is followed by 45 investors on Stockchase and is a trending stock that is worth watching.

What is Global X NASDAQ-100 Index Corporate Class ETF stock price?

On 2026-07-22, Global X NASDAQ-100 Index Corporate Class ETF (HXQ.TO) stock closed at a price of $117.54.