SCEP vs. QGRD
SCEP (Sterling Capital Hedged Equity Premium Income ETF) and QGRD (Horizon NASDAQ-100 Defined Risk ETF) are both Equity Hedged funds. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. SCEP charges 0.65%/yr vs 0.85%/yr for QGRD.
Performance
SCEP vs. QGRD - Performance Comparison
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Returns By Period
In the year-to-date period, SCEP achieves a 2.52% return, which is significantly lower than QGRD's 11.58% return.
SCEP
- 1D
- -1.13%
- 1M
- -0.79%
- YTD
- 2.52%
- 6M
- 2.03%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QGRD
- 1D
- -2.62%
- 1M
- 0.24%
- YTD
- 11.58%
- 6M
- 10.16%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCEP vs. QGRD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SCEP Sterling Capital Hedged Equity Premium Income ETF | 2.52% | -0.50% |
QGRD Horizon NASDAQ-100 Defined Risk ETF | 11.58% | -2.53% |
Correlation
The correlation between SCEP and QGRD is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025 | 0.81 |
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Return for Risk
SCEP vs. QGRD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sterling Capital Hedged Equity Premium Income ETF (SCEP) and Horizon NASDAQ-100 Defined Risk ETF (QGRD). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
SCEP vs. QGRD - Drawdown Comparison
The maximum SCEP drawdown since its inception was -7.25%, smaller than the maximum QGRD drawdown of -9.41%. Use the drawdown chart below to compare losses from any high point for SCEP and QGRD.
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Drawdown Indicators
| SCEP | QGRD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.25% | -9.41% | +2.16% |
Current DrawdownCurrent decline from peak | -1.68% | -3.17% | +1.49% |
Average DrawdownAverage peak-to-trough decline | -1.54% | -2.20% | +0.66% |
Volatility
SCEP vs. QGRD - Volatility Comparison
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Volatility by Period
| SCEP | QGRD | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 10.72% | 14.39% | -3.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.72% | 14.39% | -3.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.72% | 14.39% | -3.67% |
SCEP vs. QGRD - Expense Ratio Comparison
SCEP has a 0.65% expense ratio, which is lower than QGRD's 0.85% expense ratio.
Dividends
SCEP vs. QGRD - Dividend Comparison
SCEP's dividend yield for the trailing twelve months is around 3.29%, more than QGRD's 1.40% yield.
| Position | TTM | 2025 |
|---|---|---|
QGRD Horizon NASDAQ-100 Defined Risk ETF | 1.40% | 1.57% |
SCEP Sterling Capital Hedged Equity Premium Income ETF | 3.29% | 0.38% |
Frequently Asked Questions
SCEP and QGRD have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SCEP is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SCEP is cheaper with a 0.65% expense ratio, compared with 0.85% for QGRD.
SCEP has the higher dividend yield at 3.29%, compared with 1.40% for QGRD.
They also come from different issuers: Sterling Capital and Horizon. Their fees differ too: 0.65% for SCEP and 0.85% for QGRD.
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