Horizon NASDAQ-100 Defined Risk ETF (QGRD) belongs to the Equity Hedged category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QGRD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QGRD
QGRD charges 0.85% annually. There are 19 ETFs in the Equity Hedged category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X S&P 500 Collar 95-110 ETF | 0.25% | 3.33M | Aug 2021 | QGRD vs XCLR | |
| Global X S&P 500 Tail Risk ETF | 0.25% | 4.87M | Aug 2021 | QGRD vs XTR | |
| Invesco S&P 500 Downside Hedged ETF | 0.39% | 74.50M | Dec 2012 | QGRD vs PHDG | |
| Simplify Hedged Equity ETF | 0.43% | 300.35M | Nov 2021 | QGRD vs HEQT | |
| Invesco QQQ Hedged Advantage ETF | 0.45% | — | May 2025 | QGRD vs QQHG |
Best Risk-Adjusted Alternatives to QGRD
QGRD has a PortfoliosLab risk / return rank of 55. There are 16 ETFs in the Equity Hedged category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 95 | — | Jun 2024 | QGRD vs MAXJ | |
| Kraneshares Hedgeye Hedged Equity Index ETF | 90 | 118.15M | Jul 2024 | QGRD vs KSPY | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | 88 | 84.34M | Sep 2024 | QGRD vs HECO | |
| Innovator U.S. Small Cap Managed Floor ETF | 86 | 89.46M | Sep 2024 | QGRD vs RFLR | |
| Invesco QQQ Hedged Advantage ETF | 82 | — | May 2025 | QGRD vs QQHG |
Top Performing QGRD Alternatives (YTD)
QGRD is at 12.68% YTD. There are 2 ETFs in the Equity Hedged category with higher YTD returns, going as high as 65.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | 65.28% | 84.34M | Sep 2024 | QGRD vs HECO | |
| Innovator U.S. Small Cap Managed Floor ETF | 14.69% | 89.46M | Sep 2024 | QGRD vs RFLR | |
| Invesco S&P 500 Downside Hedged ETF | 11.06% | 74.50M | Dec 2012 | QGRD vs PHDG | |
| Invesco QQQ Hedged Advantage ETF | 10.40% | — | May 2025 | QGRD vs QQHG | |
| MRP SynthEquity ETF | 9.43% | 147.91M | Mar 2025 | QGRD vs SNTH |
Lowest Volatility Alternatives to QGRD
QGRD has 14.56% 1-year volatility. There are 24 ETFs in the Equity Hedged category with lower 1-year volatility, going as low as 2.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 2.31% | — | Jun 2024 | QGRD vs MAXJ | |
| TrueShares Equity Hedge ETF | 5.15% | 14.52M | Jan 2026 | QGRD vs ONEH | |
| Equable Shares Hedged Equity ETF | 5.77% | 301.01M | May 2019 | QGRD vs HEDG | |
| MC Trio Equity Buffered ETF | 6.20% | — | Mar 2025 | QGRD vs TRIO | |
| Simplify Hedged Equity ETF | 6.69% | 300.35M | Nov 2021 | QGRD vs HEQT |
Lowest Drawdown Alternatives to QGRD
QGRD has a 1-year max drawdown of -9.41%. There are 18 ETFs in the Equity Hedged category with shallower 1-year drawdowns, going as shallow as -1.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | -1.70% | — | Jun 2024 | QGRD vs MAXJ | |
| Swan Hedged Equity US Large Cap ETF | -4.39% | 584.47M | Dec 2020 | QGRD vs HEGD | |
| Kraneshares Hedgeye Hedged Equity Index ETF | -4.46% | 118.15M | Jul 2024 | QGRD vs KSPY | |
| MC Trio Equity Buffered ETF | -4.47% | — | Mar 2025 | QGRD vs TRIO | |
| Simplify Hedged Equity ETF | -5.09% | 300.35M | Nov 2021 | QGRD vs HEQT |
Other ETFs from Horizon
The 10 most viewed Horizon ETFs shown here include BCDF, MEDX, NVIR and span 10 categories. AUM among these funds goes as high as $411M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | Cryptocurrency | 12 | 3.15% | 22.57M | Aug 2022 | QGRD vs BCDF | |
| Horizon Kinetics Medical ETF | Health & Biotech Equities | 60 | 7.50% | 18.92M | Sep 1999 | QGRD vs MEDX | |
| Horizon Kinetics Energy Remediation ETF | Energy Equities | 56 | 17.19% | 5.75M | Feb 2023 | QGRD vs NVIR | |
| Horizon Kinetics SPAC Active ETF | Health & Biotech Equities | 22 | 3.03% | 10.11M | Jun 2007 | QGRD vs SPAQ | |
| Horizon Landmark ETF | Ultrashort Bond | 98 | 1.87% | 210.01M | Jan 2025 | QGRD vs BENJ | |
| Horizon International Managed Risk ETF | Tactical Allocation | — | 19.65% | 410.55M | Dec 2025 | QGRD vs SFTX | |
| Horizon Kinetics Japan Owner Operator ETF | Japan Equities, Asia Pacific Equities | 5 | -5.66% | — | May 2025 | QGRD vs JAPN | |
| Horizon Expedition Plus ETF | Derivative Income | 59 | 13.46% | 133.99M | Jan 2025 | QGRD vs HBTA | |
| Horizon Digital Frontier ETF | Technology Equities | 39 | 14.51% | 98.39M | Jul 2025 | QGRD vs YNOT | |
| Horizon Small/Mid Cap Core Equity ETF | Mid Cap Blend Equities | — | 19.85% | 57.59M | Dec 2025 | QGRD vs SMOX |
Often Compared With QGRD
Investors most often compare QGRD with FLXN, SCEP, FRGN. These 18 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare QGRD with Any Fund or Stock
Compare QGRD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QGRD with funds that move differently
Horizon NASDAQ-100 Defined Risk ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QGRD.
Explore QGRD Diversifiers