This summary was created by AI, based on 5 opinions in the last 12 months.
The BMO NASDAQ 100 Hedged to CAD Index ETF (ZQQ-T) has garnered mixed reviews from experts, highlighting both its advantages and disadvantages. While some experts appreciate its wide-ranging exposure to tech giants, noting its performance is currently down from previous highs yet still showing a positive return over the past year, others point out the challenging aspects of holding IT sector ETFs. The fund's management expense ratio (MER) is considered relatively low, but there are suggestions that cheaper alternatives exist within the US market. There's a consensus regarding the volatility related to its heavy allocation in the so-called 'Magnificent 7' tech stocks, as well as concerns around cyclical components like semiconductors. Some experts are optimistic about the long-term growth potential in artificial intelligence, particularly favoring individual stock selections over ETFs for specific sectors to mitigate risks.
Names are the usual tech suspects. For him, he'd rather pick and choose names for his portfolio, as some names are very expensive and some are very reasonable. MER is 39 bps, and you can probably find cheaper ones in the US. Down 14% from highs, but still up 6.6% in a 1-year timeframe.
Might make sense for an investor who wants a broader approach and not as much Pepto Bismol ;)
Remember that some of the semis are very cyclical. Right now, there's an oversupply on the memory side, which you can see with the likes of ASML. And you can see this ETF rolling over. He stays away from ETFs because they're a mixed bag. The place you want to be in semis is in AI chips -- like NVDA, and AVGO (nipping at NVDA's heels).
AI is going to be as transformative as the internet. The Magnificent 7 are for real and must be owned, though some are more pricey. When you buy this basket, you get a nice mix and it's just easier. Likes that it's hedged, so you can invest as if you were an American. Likes the tech along with the healthcare names.
62% tech, with the rest being in consumer discretionary, healthcare, etc. Trading about 30x PE, 4.7x price to sales, which is above the 10-year average of 26x PE and 3.8x price to sales. Elevated valuation. He'd prefer the general NASDAQ index over just the tech index. Cost is 39 bps, a portion in your portfolio could make sense.
Both have had very good runs. He'd take a third off the table. If it goes up, you still have two thirds. If it goes down, pat yourself on the back for being so smart. Then you can figure out if the trend is there to go lower. For both he'd trim a bit, and either way you'll feel good about yourself. :)
BMO NASDAQ 100 HEDGED TO CAD INDEX ETF is a Canadian stock, trading under the symbol ZQQ-T on the Toronto Stock Exchange (ZQQ-CT). It is usually referred to as TSX:ZQQ or ZQQ-T
In the last year, 6 stock analysts published opinions about ZQQ-T. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO NASDAQ 100 HEDGED TO CAD INDEX ETF.
BMO NASDAQ 100 HEDGED TO CAD INDEX ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO NASDAQ 100 HEDGED TO CAD INDEX ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
6 stock analysts on Stockchase covered BMO NASDAQ 100 HEDGED TO CAD INDEX ETF In the last year. It is a trending stock that is worth watching.
On 2025-04-14, BMO NASDAQ 100 HEDGED TO CAD INDEX ETF (ZQQ-T) stock closed at a price of $130.46.
He likes the currency hedges on both. Why choose? You could own both. If we resume the bull market, and resolve that a recession won't happen until 2026, you probably want to be in the NASDAQ as it has more beta. If we resolve to a harder recession and sooner, the S&P would probably go down less but both would be hit.
We need a little more information on which way the market's going to go. By watching and waiting, you're also going to pay a higher price. Perhaps take a little taster now, and see if there's market follow through. If it goes positive, buy more. If there's a further breakdown, cut bait with a smaller loss.