QQCC.TO vs QQCL.TO: Income Fund Comparison
Global X NASDAQ-100 Covered Call ETF - Canada (QQCC.TO) and Global X Enhanced NASDAQ-100 Covered Call ETF - Canada (QQCL.TO) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.
Also see: QQCC.TO individual review · QQCL.TO individual review
QQCC.TO: MER is 0.78% as at Dec 31 2025. Management fee alone is 0.65%. QQCL.TO: MER is 1.82% as at Dec 31 2025. Higher due to leverage costs - 25% leverage (125% exposure). Management fee alone is 0.85%. QQCC.TO fund inception date was Sept 13 2011 - over 14 years of history. QQCL.TO fund inception date was Oct 10 2023 - about 2.7 years which rounds up to 3 years. This is the leveraged version of QQCC. Full Dependability and Return scores for both funds are available in the app.
| QQCC.TO | QQCL.TO | |
|---|---|---|
| Fund Name | Global X NASDAQ-100 Covered Call ETF - Canada | Global X Enhanced NASDAQ-100 Covered Call ETF - Canada |
| Fund Type | Index Based Fund | Index Based Fund |
| Exchange | TSX | TSX |
| Last Reviewed | Jun 23, 2026 | Jun 23, 2026 |
| Author | Adam Hyde, Income Investing Analyst | |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: QQCC.TO vs QQCL.TO 20% of overall score
Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.
MER is 0.78% as at Dec 31 2025. Management fee alone is 0.65%.
MER is 1.82% as at Dec 31 2025. Higher due to leverage costs - 25% leverage (125% exposure). Management fee alone is 0.85%.
Managed by Global X (Mirae Asset) which has well over 40 billion under management.
Managed by Global X (Mirae Asset) which has well over 40 billion under management.
Fund inception date was Sept 13 2011 - over 14 years of history.
Fund inception date was Oct 10 2023 - about 2.7 years which rounds up to 3 years. This is the leveraged version of QQCC.
Net assets are about 717.9 million.
Net assets are about 379 million.
Risk: QQCC.TO vs QQCL.TO 35% of overall score
Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.
Beta 0.750 vs SPY over the price series - standalone volatility ~16.29% annualized over the last 10 years (weekly returns) - low-to-moderate - beta score used as primary driver.
Beta is 1.17 vs SPY over the price series since Oct 2023 - slightly above market sensitivity from the 125% leverage. Standalone volatility is about 19.27% annualized (weekly returns) which is low-to-moderate.
See the full Risk analysis for both QQCC.TO and QQCL.TO — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: QQCC.TO vs QQCL.TO 45% of overall score
Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
Pays monthly - confirmed from distribution history.
Pays monthly - confirmed from distribution history.
See the full Return analysis for both QQCC.TO and QQCL.TO — yield ratings, distribution consistency scores, and capital history.
View Plans →Our Review Methodology
Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.
We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes for both QQCC.TO and QQCL.TO are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions: QQCC.TO vs QQCL.TO
Which has a lower expense ratio, QQCC.TO or QQCL.TO?
QQCC.TO: MER is 0.78% as at Dec 31 2025. Management fee alone is 0.65%.
QQCL.TO: MER is 1.82% as at Dec 31 2025. Higher due to leverage costs - 25% leverage (125% exposure). Management fee alone is 0.85%.
Which fund has more assets under management, QQCC.TO or QQCL.TO?
QQCC.TO: Net assets are about 717.9 million.
QQCL.TO: Net assets are about 379 million.
Which fund has been trading longer, QQCC.TO or QQCL.TO?
QQCC.TO: Fund inception date was Sept 13 2011 - over 14 years of history.
QQCL.TO: Fund inception date was Oct 10 2023 - about 2.7 years which rounds up to 3 years. This is the leveraged version of QQCC.
Who manages QQCC.TO vs QQCL.TO?
QQCC.TO: Managed by Global X (Mirae Asset) which has well over 40 billion under management.
QQCL.TO: Managed by Global X (Mirae Asset) which has well over 40 billion under management.
Where can I see the full QQCC.TO vs QQCL.TO comparison with scores?
The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.
What is the difference between QQCC.TO and QQCL.TO?
Global X NASDAQ-100 Covered Call ETF - Canada is a Index Based Fund. MER is 0.78% as at Dec 31 2025. Management fee alone is 0.65%. Global X Enhanced NASDAQ-100 Covered Call ETF - Canada is a Index Based Fund. MER is 1.82% as at Dec 31 2025. Higher due to leverage costs - 25% leverage (125% exposure). Management fee alone is 0.85%. Full comparison including Dependability Score is available in the Dependable Income Investing app.
Which is better for income investors, QQCC.TO or QQCL.TO?
QQCC.TO: MER is 0.78% as at Dec 31 2025. Management fee alone is 0.65%. Fund inception date was Sept 13 2011 - over 14 years of history. QQCL.TO: MER is 1.82% as at Dec 31 2025. Higher due to leverage costs - 25% leverage (125% exposure). Management fee alone is 0.85%. Fund inception date was Oct 10 2023 - about 2.7 years which rounds up to 3 years. This is the leveraged version of QQCC. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.
Do QQCC.TO and QQCL.TO pay monthly distributions?
QQCC.TO: Pays monthly - confirmed from distribution history. QQCL.TO: Pays monthly - confirmed from distribution history. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.
See the Full QQCC.TO vs QQCL.TO Comparison
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.
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