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5i Recent Questions
Q: I understand that ZQQ is hedged to the Canadian dollar. Does that mean that the share price is unaffected by a decline in the C$ relative to the US$? If so, then presumably you don't want to be hedged if the C$ is rising relative to the US$. Is there an un-hedged version of ZQQ? Or do I have this backwards?
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BMO Nasdaq 100 Equity Hedged To CAD Index ETF (ZQQ)
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INVESCO QQQ Trust (QQQ)
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Horizons NASDAQ-100 Index ETF (HXQ)
Q: Have a small position in ZQQ and an almost full in HXQ. For an RRSP which would be your choice of those 2? or another?
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BMO Nasdaq 100 Equity Hedged To CAD Index ETF (ZQQ)
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RBC Life Science and Technology Fund Series D (RBF1030)
Q: Over the long run these two technology ETFs show comparable returns. However while ZQQ has significantly outperformed RBF1030 over the past year, the trend has reversed over the last month. RBF 1030 has a higher healthcare component than ZQQ and recent healthcare news (diabetes, weight loss drugs) seem to be driving it forward while stumbling tech shares recently are holding back this component. Given the big run up in technology over the past year, do you think RBF1030 with its higher healthcare component might be safer or provide better performance over the next year or so.
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