TSE:ZQQ

BMO NASDAQ 100 HEDGED TO CAD INDEX ETF (ZQQ.TO)

196.00
-0.97 (0.49%)
as of Jul 22, 2026, 7:59:55 pm Market Open.
170 watching
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Investor Insights
star iconJul 22, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

The BMO NASDAQ 100 Hedged to CAD Index ETF (ZQQ) has drawn mixed reviews from various experts regarding its suitability for investment. While it offers valuable exposure to technology stocks, concerns arise about the inherent volatility of these holdings, especially at the current market peak. One reviewer emphasizes the importance of adopting a disciplined investment strategy, suggesting that investors should be cautious given the historical fluctuations in tech stocks reminiscent of the dot-com bubble. There's a general skepticism towards hedged products like ZQQ, with some experts advocating for more direct investment strategies over relying on hedges that may not provide significant benefits in the long term. Additionally, reviews indicate that despite potential for growth, the current valuation of this ETF appears to be quite expensive, prompting recommendations for investors to consider diversifying their portfolios.

consensus icon
Consensus
Cautious
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Valuation
Overvalued
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Similar
SPY
PAST TOP PICK

(A Top Pick Feb 17/15. Down 6.46%.) NASDAQ, along with the S&P 500 and everything else has declined. Still likes it.

PAST TOP PICK

(A Top Pick Feb 17/15. Down 1.25%.) This is basically the NASDAQ. Hasn’t been buying this, but hasn’t sold any. When there is a recovery, this should do quite well.

COMMENT

He likes to hedge to the Cdn$ where he can. With the currency the way it is, you can lose or gain 10% very quickly. He likes to remove the currency risk if he can.

COMMENT

There are no tax consequences in an RRSP. Outside, foreign dividends are treated as regular income. There tends to be dividends tax withholding but trusts can recover a lot of those.

TOP PICK

He is always in favour of seeing US sectors that are hedged. Has had this for a long period of time. He was doing the US$ version, but is now back into buying the Canadian version.

BUY

With this you are playing a big position in Apple (AAPL-Q) and also having a US$ hedged doesn’t hurt for a Canadian investor. He is bullish on the US$ so would be more interested in owning Powershare QQQ ETF (QQQ-Q).

COMMENT

This gives you 100 tech stocks. Chart shows a drop off since mid-September and there has been no positive confirmation that it is breaking out yet. Beginning of October is usually the best time for tech stocks but this hasn’t started yet.

PAST TOP PICK

(A Top Pick Sept 30/11. Up 33.76%.)

PAST TOP PICK

(A Top Pick Sept 30/11. Up 26.56%.)

PAST TOP PICK
(Top Pick Jul 29/11, Up 11.20%) Doesn’t want to sell now and get back in in the fall, taking the tax hit.
PAST TOP PICK
(A Top Pick Sept 30/11. Up 26.38%.) Still thinks it goes much higher.
PAST TOP PICK
(Top Pick Jan 28/11, Up 21.28%) BMO has brought in many sectors, Cad$ hedged. A lot of ZQQ is Apple. He may be looking at selling some since Apple has done so well.
TRADE
Likes this, but is currently looking to reduce his position.
PAST TOP PICK
(A Top Pick Jan 28/11. Up 11.28%.) NASDAQ 100 Equity Hedged-Cdn$. Still likes.
PAST TOP PICK
(A Top Pick Sept 30/11. Up 14.51%.) NASDAQ 100 Equity Hedged-Cdn$ ETF. If you look at a point and figure, it’s a pure blue sky. There might be a couple weeks of congestion and then should start to move higher again.
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