HESGX vs. TQQQ
Compare and contrast key facts about Horizon ESG Defensive Core Fund (HESGX) and ProShares UltraPro QQQ (TQQQ).
HESGX is managed by Horizon Investments. It was launched on Dec 27, 2019. TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Performance
HESGX vs. TQQQ - Performance Comparison
Loading graphics...
HESGX vs. TQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
HESGX Horizon ESG Defensive Core Fund | -5.20% | 9.56% | 22.41% | 23.52% | -18.83% | 27.45% | 21.75% | -0.24% |
TQQQ ProShares UltraPro QQQ | -17.87% | 34.35% | 58.27% | 198.04% | -79.09% | 82.98% | 110.05% | -1.43% |
Returns By Period
In the year-to-date period, HESGX achieves a -5.20% return, which is significantly higher than TQQQ's -17.87% return.
HESGX
- 1D
- 2.89%
- 1M
- -5.18%
- YTD
- -5.20%
- 6M
- -3.01%
- 1Y
- 11.39%
- 3Y*
- 14.46%
- 5Y*
- 8.44%
- 10Y*
- —
TQQQ
- 1D
- 3.72%
- 1M
- -12.88%
- YTD
- -17.87%
- 6M
- -17.28%
- 1Y
- 48.52%
- 3Y*
- 46.87%
- 5Y*
- 13.55%
- 10Y*
- 35.31%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HESGX vs. TQQQ - Expense Ratio Comparison
HESGX has a 1.02% expense ratio, which is higher than TQQQ's 0.95% expense ratio.
Return for Risk
HESGX vs. TQQQ — Risk / Return Rank
HESGX
TQQQ
HESGX vs. TQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Horizon ESG Defensive Core Fund (HESGX) and ProShares UltraPro QQQ (TQQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| HESGX | TQQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 0.72 | +0.12 |
Sortino ratioReturn per unit of downside risk | 1.18 | 1.41 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.20 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.27 | 1.41 | -0.13 |
Martin ratioReturn relative to average drawdown | 4.34 | 4.28 | +0.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HESGX | TQQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.72 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.20 | +0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.65 | +0.06 |
Correlation
The correlation between HESGX and TQQQ is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
HESGX vs. TQQQ - Dividend Comparison
HESGX's dividend yield for the trailing twelve months is around 17.60%, more than TQQQ's 0.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HESGX Horizon ESG Defensive Core Fund | 17.60% | 16.68% | 0.29% | 0.61% | 0.52% | 2.51% | 2.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 0.73% | 0.65% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% |
Drawdowns
HESGX vs. TQQQ - Drawdown Comparison
The maximum HESGX drawdown since its inception was -24.43%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for HESGX and TQQQ.
Loading graphics...
Drawdown Indicators
| HESGX | TQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.43% | -81.66% | +57.23% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -36.97% | +27.55% |
Max Drawdown (5Y)Largest decline over 5 years | -22.08% | -81.66% | +59.58% |
Max Drawdown (10Y)Largest decline over 10 years | — | -81.66% | — |
Current DrawdownCurrent decline from peak | -6.81% | -28.08% | +21.27% |
Average DrawdownAverage peak-to-trough decline | -6.23% | -18.66% | +12.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 12.13% | -9.36% |
Volatility
HESGX vs. TQQQ - Volatility Comparison
The current volatility for Horizon ESG Defensive Core Fund (HESGX) is 5.31%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 19.74%. This indicates that HESGX experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HESGX | TQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 19.74% | -14.43% |
Volatility (6M)Calculated over the trailing 6-month period | 9.48% | 38.50% | -29.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.86% | 67.35% | -53.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.57% | 66.53% | -51.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.33% | 65.83% | -49.50% |