Key stats
About GLOBAL X NASDAQ-100 INDEX ETF UNITS CLASS A CAD
Home page
Inception date
May 15, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund tracks one of the most established indexes in the US space, namely the NASDAQ-100. It invests in the largest domestic and international stocks listed on Nasdaq. The fund represents companies from all major sectors, except financial firms, as classified under the Industry Classification Benchmark. Eligible security types are traded stocks, tracking stocks, shares of beneficial interest, limited partnership interests, and ADRs. Holdings are weighted using a methodology that is a hybrid of equal and market-cap-weighting. Under this methodology, each issuer is capped at 24% weight. The index is rebalanced quarterly and reconstituted annually.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QQQX trades at 31.40 CAD today, its price has risen 0.56% in the past 24 hours. Track more dynamics on QQQX price chart.
QQQX net asset value is 32.04 today — it's risen 17.70% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
QQQX assets under management is 458.98 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
QQQX price has risen by 17.19% over the last month, and its yearly performance shows a 11.43% increase. See more dynamics on QQQX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 17.70% over the last month, showed a −5.63% decrease in three-month performance and has decreased by −1.41% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 17.70% over the last month, showed a −5.63% decrease in three-month performance and has decreased by −1.41% in a year.
QQQX fund flows account for 266.92 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QQQX invests in stocks. See more details in our Analysis section.
QQQX expense ratio is 0.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, QQQX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, QQQX technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QQQX shows the strong buy signal. See more of QQQX technicals for a more comprehensive analysis.
Today, QQQX technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QQQX shows the strong buy signal. See more of QQQX technicals for a more comprehensive analysis.
Yes, QQQX pays dividends to its holders with the dividend yield of 0.10%.
QQQX trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
QQQX shares are issued by Mirae Asset Global Investments Co., Ltd.
QQQX follows the NASDAQ 100 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 15, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.