HEGD vs QQH

Comparison between SWAN HEDGED EQUITY US LARGE CAP ETF (HEGD, ETF) and HCM DEFENDER 100 INDEX ETF (QQH, ETF).

5-Year PerformanceQQH has outperformed HEGD, delivering a return of +9.9% compared to +8.1%

HEGD vs QQH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEGD(ETF)	QQH(ETF)
Net Assets	$717M	$716M
Expense Ratio	0.87%	0.98%
Max Drawdown	14.56%	41.87%
Sharpe Ratio	1.15	0.66
5Y Beta	0.45	1.19
P/E Ratio	N/A	32.06
Forward P/E	N/A	23.40
PEG Ratio	N/A	0.28
5Y EPS CAGR	N/A	31.98%
Debt to Equity	N/A	35.12%
P/S Ratio	N/A	6.22
P/B Ratio	N/A	9.47

Net Assets

Winner

HEGD

$717M

QQH

$716M

Expense Ratio

Winner

HEGD

0.87%

QQH

0.98%

Max Drawdown

Winner

HEGD

14.56%

QQH

41.87%

Sharpe Ratio

Winner

HEGD

1.15

QQH

0.66

5Y Beta

Winner

HEGD

0.45

QQH

1.19

P/E Ratio

HEGD

N/A

QQH

32.06

Forward P/E

HEGD

N/A

QQH

23.40

PEG Ratio

HEGD

N/A

QQH

0.28

5Y EPS CAGR

HEGD

N/A

QQH

31.98%

Debt to Equity

HEGD

N/A

QQH

35.12%

P/S Ratio

HEGD

N/A

QQH

6.22

P/B Ratio

HEGD

N/A

QQH

9.47

HEGD vs QQH - Holdings Comparison

HEGD and QQH have 1 common holdings. Overlap is 0.00%

HEGD's top 25 holdings weight is 114.83%. QQH's top 25 holdings weight is 81.71%.

Rank	HEGD	QQH
#1	SPDR® S&P 500® ETF (SPY) - 91.90%	PROSHARES ULTRAPRO QQQ (TQQQ) - 18.18%
#2	OPTION ON S&P 500 PR (n/a) - 18.75%	APPLE INC (AAPL) - 10.02%
#3	PUT ON S&P 500 DEC25 (n/a) - 3.54%	NVIDIA CORP (NVDA) - 7.64%
#4	OTHER ASSETS AND LIABILITIES (n/a) - 0.38%	MICROSOFT CORP (MSFT) - 6.10%
#5	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.26%	AMAZON.COM INC (AMZN) - 4.45%
#6	US DOLLARS (n/a) - 0.00%	META PLATFORMS INC CLASS A (META) - 4.07%
#7	N/A	TESLA INC (TSLA) - 3.92%
#8	N/A	BROADCOM INC (AVGO) - 3.53%
#9	N/A	MICRON TECHNOLOGY INC (MU) - 2.88%
#10	N/A	ADVANCED MICRO DEVICES INC (AMD) - 2.29%
#11	N/A	ALPHABET INC CLASS A (GOOGL) - 2.25%
#12	N/A	ALPHABET INC CLASS C (GOOG) - 2.24%
#13	N/A	WALMART INC (WMT) - 1.67%
#14	N/A	CISCO SYSTEMS INC (CSCO) - 1.50%
#15	N/A	COSTCO WHOLESALE CORP (COST) - 1.44%
#16	N/A	INTEL CORP (INTC) - 1.33%
#17	N/A	APPLIED MATERIALS INC (AMAT) - 1.27%
#18	N/A	NETFLIX INC (NFLX) - 1.13%
#19	N/A	LAM RESEARCH CORP (LRCX) - 1.13%
#20	N/A	n/a (PLTR) - 0.87%
#21	N/A	LINDE PLC (LIN) - 0.82%
#22	N/A	KLA CORP (KLAC) - 0.78%
#23	N/A	TEXAS INSTRUMENTS INC (TXN) - 0.75%
#24	N/A	SANDISK CORP ORDINARY SHARES (SNDK) - 0.73%
#25	N/A	PALO ALTO NETWORKS INC (PANW) - 0.72%
Total Holdings	6	100

HEGD vs QQH - Historical Returns

Returns include dividend reinvestment.

Period	HEGD	QQH
1 month	+1.97%	+3.94%
3 months	+1.05%	-3.08%
6 months	+6.10%	+9.96%
1 year	+12.45%	+16.45%
5 years(CAGR)	+8.11%	+9.89%
Max(CAGR)	+9.48%	+18.98%

HEGD

+1.97%

Winner

QQH

+3.94%

Winner

HEGD

+1.05%

QQH

-3.08%

HEGD

+6.10%

Winner

QQH

+9.96%

HEGD

+12.45%

Winner

QQH

+16.45%

5Y(CAGR)

HEGD

+8.11%

Winner

QQH

+9.89%

Max(CAGR)

HEGD

+9.48%

Winner

QQH

+18.98%

HEGD vs QQH - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	HEGD	QQH
2026	+6.47%	+7.06%
2025	+12.82%	+16.29%
2024	+15.60%	+37.02%
2023	+14.46%	+48.35%
2022	-11.12%	-40.58%
2021	+18.11%	+40.68%
2020	+0.99%	+39.19%
2019	N/A	+15.13%

HEGD vs QQH Drawdown Comparison

The maximum drawdown for HEGD was -14.56%, occurring on Oct 12, 2022. Recovery took 495 trading sessions.

The maximum drawdown for QQH was -41.87%, occurring on Dec 28, 2022. Recovery took 612 trading sessions.

The current HEGD drawdown is -1.64%. The current QQH drawdown is -7.79%.

Rank	HEGD	QQH
#1	-14.56% Dec 29, 2021 - Dec 18, 2023	-41.87% Dec 28, 2021 - Jun 5, 2024
#2	-8.14% Feb 19, 2025 - Jun 24, 2025	-28.74% Feb 19, 2020 - Jul 20, 2020
#3	-4.58% Jul 10, 2024 - Aug 21, 2024	-24.84% Dec 16, 2024 - Aug 12, 2025
#4	-4.39% Jan 27, 2026 - Apr 15, 2026	-17.85% Sep 2, 2020 - Dec 7, 2020
#5	-3.57% Mar 28, 2024 - May 15, 2024	-16.18% Oct 29, 2025 - May 8, 2026
#6	-3.54% Sep 2, 2021 - Oct 26, 2021	-15.69% Jul 10, 2024 - Nov 7, 2024
#7	-3.38% Jun 2, 2026 - Aug 4, 2026	-14.63% Feb 12, 2021 - Apr 9, 2021
#8	-3.28% Feb 17, 2021 - Apr 5, 2021	-14.50% Jun 2, 2026 - Jul 29, 2026
#9	-2.84% Dec 6, 2024 - Jan 23, 2025	-10.73% Sep 7, 2021 - Oct 28, 2021
#10	-2.80% Nov 24, 2021 - Dec 23, 2021	-10.13% Apr 16, 2021 - Jun 14, 2021
#11	-2.79% Aug 30, 2024 - Sep 12, 2024	-8.12% Nov 19, 2021 - Dec 28, 2021
#12	-2.62% Oct 29, 2025 - Dec 11, 2025	-5.76% Jul 20, 2020 - Aug 3, 2020
#13	-2.50% May 7, 2021 - Jun 24, 2021	-5.50% Jan 25, 2021 - Feb 4, 2021
#14	-2.34% Oct 14, 2024 - Nov 6, 2024	-4.96% Oct 8, 2025 - Oct 24, 2025
#15	-2.05% Dec 11, 2025 - Jan 9, 2026	-4.75% Aug 6, 2020 - Aug 17, 2020