HIBL vs QGRD

Comparison between DIREXION DAILY S&P 500(R) HIGH BETA BULL 3X SHARES (HIBL, ETF) and HORIZON NASDAQ-100 DEFINED RISK ETF (QGRD, ETF).

HIBL vs QGRD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIBL(ETF)	QGRD(ETF)
Net Assets	$84M	$83M
Expense Ratio	N/A	0.85%
Max Drawdown	88.38%	10.79%
Sharpe Ratio	1.96	1.24
5Y Beta	4.55	0.99
P/E Ratio	38.82	N/A
Forward P/E	21.90	N/A
5Y Dividends CAGR	61.42%	N/A
Debt to Equity	-8.14%	N/A
P/S Ratio	2.92	N/A
P/B Ratio	4.72	N/A

Net Assets

Winner

HIBL

$84M

QGRD

$83M

Expense Ratio

HIBL

N/A

QGRD

0.85%

Max Drawdown

HIBL

88.38%

Winner

QGRD

10.79%

Sharpe Ratio

Winner

HIBL

1.96

QGRD

1.24

5Y Beta

HIBL

4.55

Winner

QGRD

0.99

P/E Ratio

HIBL

38.82

QGRD

N/A

Forward P/E

HIBL

21.90

QGRD

N/A

5Y Dividends CAGR

HIBL

61.42%

QGRD

N/A

Debt to Equity

HIBL

-8.14%

QGRD

N/A

P/S Ratio

HIBL

2.92

QGRD

N/A

P/B Ratio

HIBL

4.72

QGRD

N/A

HIBL vs QGRD - Holdings Comparison

HIBL and QGRD have 0 common holdings. Overlap is 0.00%

HIBL's top 25 holdings weight is 87.73%. QGRD's top 25 holdings weight is 2.14%.

Rank	HIBL	QGRD
#1	S&P 500 HIGH BETA INDEX SWAP (n/a) - 37.40%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 2.14%
#2	DREYFUS GOVT CASH MAN INS (n/a) - 17.18%	N/A
#3	GOLDMAN FINL SQ TRSRY INST 506 (n/a) - 9.25%	N/A
#4	GOLDMAN SACHS FIN GOV 465 INSTITUT (n/a) - 5.88%	N/A
#5	SANDISK CORP ORDINARY SHARES (SNDK) - 1.24%	N/A
#6	MICRON TECHNOLOGY INC (MU) - 1.07%	N/A
#7	COHERENT CORP (COHR) - 0.98%	N/A
#8	SUPER MICRO COMPUTER INC (SMCI) - 0.95%	N/A
#9	n/a (COIN) - 0.93%	N/A
#10	ROBINHOOD MARKETS INC CLASS A (HOOD) - 0.92%	N/A
#11	LAM RESEARCH CORP (LRCX) - 0.89%	N/A
#12	ADVANCED MICRO DEVICES INC (AMD) - 0.89%	N/A
#13	APPLOVIN CORP ORDINARY SHARES CLASS A (APP) - 0.86%	N/A
#14	TERADYNE INC (TER) - 0.85%	N/A
#15	CIENA CORP (CIEN) - 0.83%	N/A
#16	LUMENTUM HOLDINGS INC (LITE) - 0.82%	N/A
#17	WESTERN DIGITAL CORP (WDC) - 0.80%	N/A
#18	KLA CORP (KLAC) - 0.78%	N/A
#19	UNITED AIRLINES HOLDINGS INC (UAL) - 0.77%	N/A
#20	ON SEMICONDUCTOR CORP (ON) - 0.76%	N/A
#21	ARISTA NETWORKS INC (ANET) - 0.75%	N/A
#22	MONOLITHIC POWER SYSTEMS INC (MPWR) - 0.74%	N/A
#23	INTEL CORP (INTC) - 0.74%	N/A
#24	APPLIED MATERIALS INC (AMAT) - 0.73%	N/A
#25	TESLA INC (TSLA) - 0.72%	N/A
Total Holdings	105	1

HIBL vs QGRD - Historical Returns

Returns include dividend reinvestment.

Period	HIBL	QGRD
1 month	+8.32%	+2.70%
3 months	+49.52%	+10.72%
6 months	+58.13%	+7.90%
1 year	+215.95%	+19.29%
5 years(CAGR)	+7.25%	N/A
Max(CAGR)	+18.70%	+21.56%

Winner

HIBL

+8.32%

QGRD

+2.70%

Winner

HIBL

+49.52%

QGRD

+10.72%

Winner

HIBL

+58.13%

QGRD

+7.90%

Winner

HIBL

+215.95%

QGRD

+19.29%

5Y(CAGR)

HIBL

+7.25%

QGRD

N/A

Max(CAGR)

HIBL

+18.70%

Winner

QGRD

+21.56%

HIBL vs QGRD - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	HIBL	QGRD
2026	+53.08%	+10.40%
2025	+60.31%	+8.34%
2024	+4.67%	N/A
2023	+83.07%	N/A
2022	-69.44%	N/A
2021	+140.34%	N/A
2020	-27.80%	N/A
2019	+21.45%	N/A

HIBL vs QGRD Drawdown Comparison

The maximum drawdown for HIBL was -88.27%, occurring on Apr 3, 2020. Recovery took 274 trading sessions.

The maximum drawdown for QGRD was -9.41%, occurring on Mar 30, 2026. Recovery took 118 trading sessions.

The current HIBL drawdown is -19.65%. The current QGRD drawdown is -4.45%.

Rank	HIBL	QGRD
#1	-88.27% Jan 17, 2020 - Feb 19, 2021	-9.41% Nov 3, 2025 - Apr 24, 2026
#2	-81.58% Nov 8, 2021 - Apr 17, 2026	-4.45% Jun 2, 2026 - Jun 5, 2026
#3	-35.61% Jun 2, 2021 - Nov 1, 2021	-3.13% Oct 8, 2025 - Oct 20, 2025
#4	-22.11% Mar 15, 2021 - Apr 28, 2021	-2.48% Aug 14, 2025 - Sep 9, 2025
#5	-19.65% Jun 2, 2026 - Jun 5, 2026	-2.41% May 14, 2026 - May 26, 2026
#6	-17.56% May 11, 2026 - May 26, 2026	-1.92% Jul 30, 2025 - Aug 4, 2025
#7	-13.64% May 7, 2021 - May 17, 2021	-1.31% Aug 4, 2025 - Aug 8, 2025
#8	-11.86% Feb 24, 2021 - Mar 8, 2021	-1.14% Sep 22, 2025 - Oct 1, 2025
#9	-9.96% Nov 27, 2019 - Dec 12, 2019	-1.03% Oct 21, 2025 - Oct 24, 2025
#10	-7.90% May 17, 2021 - May 27, 2021	-0.76% Apr 27, 2026 - Apr 30, 2026
#11	-7.10% Apr 24, 2026 - May 1, 2026	-0.70% May 11, 2026 - May 13, 2026
#12	-4.36% Nov 15, 2019 - Nov 25, 2019	-0.65% Oct 29, 2025 - Nov 3, 2025
#13	-4.19% May 6, 2026 - May 8, 2026	-0.50% Oct 6, 2025 - Oct 8, 2025
#14	-3.46% Apr 29, 2021 - May 3, 2021	-0.36% Oct 2, 2025 - Oct 6, 2025
#15	-3.45% Jan 2, 2020 - Jan 9, 2020	-0.31% Jul 21, 2025 - Jul 24, 2025