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  5. ZNQ: I'm looking for an unhedged Canadian etf that tracks the nasdaq 100. [BMO Nasdaq 100 Equity Index ETF]

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Q: I'm looking for an unhedged Canadian etf that tracks the nasdaq 100. When comparing ZNQ to HXQ I see that ZNQ doesn't pay a dividend but rather reinvests it. Also it has cheaper fees than HXQ. But HXQ pays a small dividend. The returns over time seem marginally better for ZNQ. But when the div's are factored in, is this more of a wash or does the tax preference of no div's help more? This would be in an RESP for reference. Thx
Asked by Adam on February 18, 2025
5i Research Answer:
The two ETFs are quite similar, hold their US stocks directly, and being in an RESP, there is no...
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