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ETFs

HCM Defender 100 Index ETF

QQH
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 10 2019
Expense Ratio
1.11%
Type
Global Equities
Fund Owner
Howard Capital Management
Volume (1m avg. daily)
$608,691
AUM
$255,352,500
Associated Index
HCM Defender 100 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
13.87%
MSFT
Microsoft Corporation
10.68%
NVDA
NVIDIA Corp
4.00%
AMZN
Amazon.com Inc.
3.97%
TSLA
Tesla Inc
3.08%
META
Meta Platforms Inc - Ordinary Shares - Class A
3.07%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
2.23%
GOOG
Alphabet Inc - Ordinary Shares - Class C
2.23%
AVGO
Broadcom Inc
1.74%
PEP
PepsiCo Inc
1.66%
Invest with QQH

What is QQH?

The Fund seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 100 Index (the HCM 100 Index ). The HCM 100 Index seeks to outperform the Nasdaq 100 Index using a proprietary methodology. The Nasdaq 100 Index is comprised of the largest domestic and international non-financial securities listed on the Nasdaq. The HCM 100 Index alternates exposure between a full equity position of securities issued by 100 of the largest non-financial companies listed on the Nasdaq, a 50/50 equity/1-3-month Treasury instruments (including ETFs, mutual funds or derivatives) or a full 1-3-month Treasury instruments position. The Fund may gain exposure to securities included in the HCM 100 Index indirectly through investments in derivatives and other investment companies.

ETFs related toQQH

ETFs correlated to QQH include CVLC, GJAN, JGRO

QQH
Northern Lights Fund Trust III - HCM Defender 100 Index ETF
CVLC
Morgan Stanley ETF Trust - Calvert US Large-Cap Core Responsible Index ETF
GJAN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
JGRO
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
IYW
BlackRock Institutional Trust Company N.A. - iShares U.S. Technology ETF
ROM
ProShares Trust - ProShares Ultra Technology 2x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toQQH

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with QQH using Composer

FAQ

QQH is a Global Equities ETF. The Fund seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 100 Index (the HCM 100 Index ). The HCM 100 Index seeks to outperform the Nasdaq 100 Index using a proprietary methodology. The Nasdaq 100 Index is comprised of the largest domestic and international non-financial securities listed on the Nasdaq. The HCM 100 Index alternates exposure between a full equity position of securities issued by 100 of the largest non-financial companies listed on the Nasdaq, a 50/50 equity/1-3-month Treasury instruments (including ETFs, mutual funds or derivatives) or a full 1-3-month Treasury instruments position. The Fund may gain exposure to securities included in the HCM 100 Index indirectly through investments in derivatives and other investment companies.

QQH tracks the HCM Defender 100 Index.

No, QQH is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, QQH is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on QQH is 0.0127%. This is the percent change in the value of QQH over the most recent 1-month period. The 3-month return on QQH is 0.1073%. This is the percent change in the value of QQH over the most recent 3-month period.

The standard deviation of QQH for the past year is 0.2012%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to QQH include FTLS, ROAM, and BUYW.

ETFs correlated to QQH include CVLC, GJAN, and JGRO.

ETFs that are inversely correlated to QQH include SQQQ, QID, and PSQ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.