LGH vs. QQH
LGH (HCM Defender 500 Index ETF) and QQH (HCM Defender 100 Index ETF) are both exchange-traded funds - LGH is a Large Cap Blend Equities fund tracking the HCM Defender 500 Index, while QQH is a Technology Equities fund tracking the HCM Defender 100 Index. Both are passively managed. Over the past 5 years, LGH returned 11.27%/yr vs 15.09%/yr for QQH. Their correlation of 0.89 suggests significant overlap in exposure. LGH charges 1.23%/yr vs 1.14%/yr for QQH.
Performance
LGH vs. QQH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LGH achieves a 4.82% return, which is significantly lower than QQH's 14.78% return.
LGH
- 1D
- -0.92%
- 1M
- 7.14%
- YTD
- 4.82%
- 6M
- 4.52%
- 1Y
- 26.30%
- 3Y*
- 20.78%
- 5Y*
- 11.27%
- 10Y*
- —
QQH
- 1D
- -0.56%
- 1M
- 14.19%
- YTD
- 14.78%
- 6M
- 12.39%
- 1Y
- 40.27%
- 3Y*
- 26.06%
- 5Y*
- 15.09%
- 10Y*
- —
LGH vs. QQH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LGH HCM Defender 500 Index ETF | 4.82% | 19.47% | 27.00% | 24.19% | -27.37% | 39.92% | 18.51% | 11.06% |
QQH HCM Defender 100 Index ETF | 14.78% | 15.66% | 33.64% | 48.05% | -39.60% | 37.52% | 41.71% | 15.13% |
Correlation
The correlation between LGH and QQH is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2019 | 0.89 |
The correlation between LGH and QQH has been stable across timeframes, ranging from 0.89 to 0.93 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LGH vs. QQH — Risk / Return Rank
LGH
QQH
LGH vs. QQH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HCM Defender 500 Index ETF (LGH) and HCM Defender 100 Index ETF (QQH). 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.
| LGH | QQH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.33 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 2.50 | -0.16 |
| Martin ratioReturn relative to average drawdown | 7.55 | 6.81 | +0.75 |
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 charts...
Sharpe Ratios by Period
| LGH | QQH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.72 | 1.97 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.71 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.85 | -0.06 |
Drawdowns
LGH vs. QQH - Drawdown Comparison
The maximum LGH drawdown since its inception was -29.60%, smaller than the maximum QQH drawdown of -41.87%. Use the drawdown chart below to compare losses from any high point for LGH and QQH.
Loading charts...
Drawdown Indicators
| LGH | QQH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.60% | -41.87% | +12.27% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | -16.18% | +4.89% |
Max Drawdown (3Y)Largest decline over 3 years | -18.42% | -24.84% | +6.42% |
Max Drawdown (5Y)Largest decline over 5 years | -29.38% | -41.87% | +12.49% |
Current DrawdownCurrent decline from peak | -0.92% | -0.56% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -9.42% | -12.94% | +3.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.49% | 5.93% | -2.44% |
Volatility
LGH vs. QQH - Volatility Comparison
The current volatility for HCM Defender 500 Index ETF (LGH) is 4.07%, while HCM Defender 100 Index ETF (QQH) has a volatility of 6.03%. This indicates that LGH experiences smaller price fluctuations and is considered to be less risky than QQH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LGH | QQH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.07% | 6.03% | -1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 10.86% | 14.47% | -3.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.41% | 20.57% | -5.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.52% | 21.51% | -4.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.78% | 24.73% | -4.95% |
LGH vs. QQH - Expense Ratio Comparison
LGH has a 1.23% expense ratio, which is higher than QQH's 1.14% expense ratio.
Dividends
LGH vs. QQH - Dividend Comparison
LGH's dividend yield for the trailing twelve months is around 0.37%, more than QQH's 0.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
LGH HCM Defender 500 Index ETF | 0.37% | 0.38% | 0.40% | 0.63% | 0.61% | 0.14% | 0.23% | 0.01% |
QQH HCM Defender 100 Index ETF | 0.18% | 0.21% | 0.24% | 0.27% | 0.00% | 0.00% | 0.00% | 0.21% |
Frequently Asked Questions
With a correlation of 0.93, LGH and QQH move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
QQH has higher volatility (6.03%) compared to LGH (4.07%). In terms of maximum drawdown, LGH dropped -29.60% vs QQH's -41.87%.
On 5-year performance, QQH leads with 15.09% vs 11.27% for LGH. On fees, QQH is cheaper at 1.14% per year. On volatility, LGH has been the lower-risk option at 4.07%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, QQH has performed better with a 15.09% return vs 11.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QQH is cheaper with a 1.14% expense ratio, compared with 1.23% for LGH.
LGH has the higher dividend yield at 0.37%, compared with 0.18% for QQH.
LGH is categorized as Large Cap Blend Equities, while QQH is Technology Equities. LGH tracks HCM Defender 500 Index, while QQH tracks HCM Defender 100 Index. Their fees differ too: 1.23% for LGH and 1.14% for QQH.
QQH currently has the higher Sharpe Ratio (1.97 vs 1.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for LGH and QQH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer