The Nasdaq advantage for Canadian investors

Canadian investors have long looked to technology for growth, but opportunities within the domestic market have become increasingly limited.

Today, technology represents less than 10% of Canada’s S&P/TSX 60 Index – a small allocation compared to the Financials and Energy sectors, which together make up roughly half of the benchmark.

In the U.S., the story looks very different.

The Nasdaq-100 Index®, home to many large technology and innovative companies, is composed of roughly 60% technology stocks and includes more than 40 technology companies. Canada’s primary benchmark, by comparison, contains just four.

That gap is pushing more Canadian investors to look south of the border for opportunities tied to artificial intelligence (AI), semiconductors, cloud computing, e-commerce, and more.

For those focused on long-term capital appreciation, the Global X Nasdaq-100 Index ETF (QQQX) and its U.S. dollar-denominated counterpart, Global X Nasdaq-100 Index ETF (QQQX.U), provide direct exposure to the Nasdaq-100 Index® through a single investment. The passively managed, physically replicated ETF provides exposure to 100 of the largest U.S. and international non-financial companies listed on the Nasdaq Stock Market, giving Canadians access to many of the world’s best-known growth companies.

The strategy can also complement domestic Canadian equity exposure, which is heavily concentrated in financials and energy, by adding diversification through global technology and innovation-focused sectors.

“Through QQQX, investors tap into the performance of the Nasdaq-100®—a benchmark synonymous with innovation, scale, and global growth—bringing exposure to some of the most influential companies shaping today’s economy,” says Jillian DelSignore, VP, Head of Investor Distribution & Insights, Nasdaq Indexes.

Global X has built one of the most comprehensive Nasdaq ETF lineups in Canada, offering investors a range of ways to access the Nasdaq-100® based on their goals, risk tolerance, investment style, and stage of life. Among Canadian-listed ETFs tracking the Nasdaq-100® Index, the Global X Nasdaq-100 Index ETF (QQQX) also stands out for its low cost, with a management fee of 0.15% as at April 30, 2026.

Beyond core index exposure, Global X has expanded its Nasdaq lineup to address a broader range of investor objectives. For investors seeking a more tactical approach, the Global X Enhanced Nasdaq-100 Index ETF (QQQL) seeks to provide 125% exposure to the performance of the Nasdaq-100® Index

Recognizing that many Canadians also want income solutions, Global X developed the Global X Nasdaq-100 Covered Call ETF (QQCC), designed to generate income from a sector not traditionally known for dividends.

QQCC writes covered calls on approximately 50% of the portfolio while leaving the remainder fully exposed to market upside — balancing income generation with participation in the growth potential of the Nasdaq-100 Index®.

For active day traders, Global X also offers tactical exposure through its BetaPro suite — Canada’s leading provider of leveraged and inverse ETFs. The BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF (TQQQ) is designed to deliver triple the daily performance of the Nasdaq-100 Index®, while the BetaPro -3x Nasdaq-100 Daily Leveraged Bear Alternative ETF (SQQQ) provides inverse exposure for investors anticipating market declines. These products are intended for sophisticated investors and require active monitoring due to their higher-risk nature.

The result is a Nasdaq ETF lineup designed to serve a wide range of investors, from long-term growth investors and income seekers to sophisticated active traders.

As investors’ needs evolve, Global X believes ETF solutions should evolve alongside them, providing Canadians with more choice, more flexibility, and more targeted ways to access innovation-driven growth.

At a time when Canadian investors are increasingly looking beyond domestic markets for innovation and growth, Global X is focused on helping Canadians access the companies shaping the future.

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