QQH vs. BAMU

Last updated Jun 23, 2026

QQH (HCM Defender 100 Index ETF) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - QQH is a Technology Equities fund tracking the HCM Defender 100 Index, while BAMU is a Ultrashort Bond fund actively managed by Brookstone. QQH is passively managed, while BAMU is actively managed. Over the past year, QQH returned 36.39% vs 2.91% for BAMU. At a correlation of -0.02, they often move in opposite directions. QQH charges 1.14%/yr vs 1.09%/yr for BAMU.

Performance

QQH vs. BAMU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HCM Defender 100 Index ETF (QQH) and Brookstone Ultra-Short Bond ETF (BAMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQH achieves a 11.37% return, which is significantly higher than BAMU's 1.18% return.

QQH

• 1D: -0.54%
• 1M: 1.41%
• YTD: 11.37%
• 6M: 10.02%
• 1Y: 36.39%
• 3Y*: 23.52%
• 5Y*: 13.21%
• 10Y*: —

BAMU

• 1D: 0.02%
• 1M: 0.16%
• YTD: 1.18%
• 6M: 1.23%
• 1Y: 2.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QQH vs. BAMU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QQH HCM Defender 100 Index ETF	11.37%	15.66%	33.64%	13.92%
BAMU Brookstone Ultra-Short Bond ETF	1.18%	3.21%	4.14%	1.20%

Correlation

The correlation between QQH and BAMU is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.18
Correlation (All Time) Calculated using the full available price history since Sep 27, 2023	-0.02

The correlation between QQH and BAMU shifts across timeframes, from -0.18 (1 year) to -0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

QQH vs. BAMU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QQH

QQH Risk / Return Rank: 44
QQH Sharpe Ratio Rank: 48
QQH Sortino Ratio Rank: 43
QQH Omega Ratio Rank: 44
QQH Calmar Ratio Rank: 47
QQH Martin Ratio Rank: 39

BAMU

BAMU Risk / Return Rank: 98
BAMU Sharpe Ratio Rank: 98
BAMU Sortino Ratio Rank: 98
BAMU Omega Ratio Rank: 98
BAMU Calmar Ratio Rank: 99
BAMU Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QQH vs. BAMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HCM Defender 100 Index ETF (QQH) and Brookstone Ultra-Short Bond ETF (BAMU). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QQH	BAMU	Difference
Sharpe ratio: Return per unit of total volatility	1.61	5.01	-3.40
Sortino ratio: Return per unit of downside risk	2.10	8.84	-6.73
Omega ratio: Gain probability vs. loss probability	1.28	2.43	-1.15
Calmar ratio: Return relative to maximum drawdown	2.26	24.72	-22.46
Martin ratio: Return relative to average drawdown	6.02	97.90	-91.88

QQH vs. BAMU - Sharpe Ratio Comparison

The current QQH Sharpe Ratio is 1.61, which is lower than the BAMU Sharpe Ratio of 5.01. The chart below compares the historical Sharpe Ratios of QQH and BAMU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QQH vs. BAMU - Drawdown Comparison

The maximum QQH drawdown since its inception was -41.87%, which is greater than BAMU's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for QQH and BAMU.

Drawdown Indicators

	QQH	BAMU	Difference
Max Drawdown Largest peak-to-trough decline	-41.87%	-0.36%	-41.51%
Max Drawdown (1Y) Largest decline over 1 year	-16.18%	-0.12%	-16.06%
Max Drawdown (3Y) Largest decline over 3 years	-24.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.87%	—	—
Current Drawdown Current decline from peak	-3.52%	0.00%	-3.52%
Average Drawdown Average peak-to-trough decline	-12.87%	-0.02%	-12.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.07%	0.03%	+6.04%

Volatility

QQH vs. BAMU - Volatility Comparison

HCM Defender 100 Index ETF (QQH) has a higher volatility of 11.00% compared to Brookstone Ultra-Short Bond ETF (BAMU) at 0.09%. This indicates that QQH's price experiences larger fluctuations and is considered to be riskier than BAMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQH	BAMU	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.00%	0.09%	+10.91%
Volatility (6M) Calculated over the trailing 6-month period	17.38%	0.40%	+16.98%
Volatility (1Y) Calculated over the trailing 1-year period	22.77%	0.58%	+22.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.93%	0.87%	+21.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.95%	0.87%	+24.08%

QQH vs. BAMU - Expense Ratio Comparison

QQH has a 1.14% expense ratio, which is higher than BAMU's 1.09% expense ratio.

Dividends

QQH vs. BAMU - Dividend Comparison

QQH's dividend yield for the trailing twelve months is around 0.19%, less than BAMU's 3.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BAMU Brookstone Ultra-Short Bond ETF	3.05%	3.20%	3.97%	0.84%	0.00%	0.00%	0.00%	0.00%
QQH HCM Defender 100 Index ETF	0.19%	0.21%	0.24%	0.27%	0.00%	0.00%	0.00%	0.21%

Frequently Asked Questions

Can I hold both QQH and BAMU in my portfolio?

QQH and BAMU have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQH or BAMU?

QQH has higher volatility (11.00%) compared to BAMU (0.09%). In terms of maximum drawdown, QQH dropped -41.87% vs BAMU's -0.36%.

Which ETF is better, QQH or BAMU?

On 1-year performance, QQH leads with 36.39% vs 2.91% for BAMU. On fees, BAMU is cheaper at 1.09% per year. On volatility, BAMU has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQH or BAMU?

Over the 1-year period, QQH has performed better with a 36.39% return vs 2.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQH or BAMU?

BAMU is cheaper with a 1.09% expense ratio, compared with 1.14% for QQH.

Which ETF pays a higher dividend yield, QQH or BAMU?

BAMU has the higher dividend yield at 3.05%, compared with 0.19% for QQH.

What is the main difference between QQH and BAMU?

QQH is categorized as Technology Equities, while BAMU is Ultrashort Bond. They also come from different issuers: Howard Capital Management and Brookstone. Their fees differ too: 1.14% for QQH and 1.09% for BAMU.

Which has better risk-adjusted returns?

BAMU currently has the higher Sharpe Ratio (5.01 vs 1.61), 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.