QQHG vs LQPE

Comparison between Invesco QQQ Hedged Advantage ETF (QQHG, ETF) and PEO AlphaQuest Thematic PE ETF (LQPE, ETF).

QQHG vs LQPE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QQHG(ETF)	LQPE(ETF)
Net Assets	$13M	$13M
Expense Ratio	0.45%	1.25%
Max Drawdown	6.29%	18.89%
Sharpe Ratio	1.88	-0.05
5Y Beta	0.71	0.71
P/E Ratio	32.90	34.88
Forward P/E	23.24	14.47
5Y EPS CAGR	30.72%	23.47%
Debt to Equity	21.40%	N/A
P/S Ratio	4.48	0.83
P/B Ratio	7.48	3.04

Net Assets

QQHG

$13M

Winner

LQPE

$13M

Expense Ratio

Winner

QQHG

0.45%

LQPE

1.25%

Max Drawdown

Winner

QQHG

6.29%

LQPE

18.89%

Sharpe Ratio

Winner

QQHG

1.88

LQPE

-0.05

5Y Beta

QQHG

0.71

Winner

LQPE

0.71

P/E Ratio

Winner

QQHG

32.90

LQPE

34.88

Forward P/E

QQHG

23.24

Winner

LQPE

14.47

5Y EPS CAGR

Winner

QQHG

30.72%

LQPE

23.47%

Debt to Equity

QQHG

21.40%

LQPE

N/A

P/S Ratio

QQHG

4.48

Winner

LQPE

0.83

P/B Ratio

QQHG

7.48

Winner

LQPE

3.04

QQHG vs LQPE - Holdings Comparison

QQHG and LQPE have 21 common holdings. Overlap is -96.55%

QQHG's top 25 holdings weight is 69.29%. LQPE's top 25 holdings weight is 201.65%.

Rank	QQHG	LQPE
#1	NVIDIA CORP (NVDA) - 8.88%	EURO FX FUTURE MAR 26 (n/a) - 58.80%
#2	APPLE INC (AAPL) - 7.66%	E-MINI S&P 500 FUTURE MAR 26 (n/a) - 33.60%
#3	ALPHABET INC CLASS C (GOOG) - 6.31%	OTHER ASSETS AND LIABILITIES (n/a) - 15.31%
#4	MICROSOFT CORP (MSFT) - 5.70%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 11.59%
#5	MICRON TECHNOLOGY INC (MU) - 5.33%	BRITISH POUND FUTURE MAR 26 (n/a) - 9.68%
#6	AMAZON.COM INC (AMZN) - 4.53%	CRUDE OIL FUTURE MAR 26 (n/a) - 9.67%
#7	BROADCOM INC (AVGO) - 3.90%	CANADIAN DOLLAR FUTURE MAR 26 (n/a) - 9.46%
#8	ADVANCED MICRO DEVICES INC (AMD) - 3.81%	BRENT CRUDE FUTURES FEB26 (n/a) - 8.04%
#9	TESLA INC (TSLA) - 3.34%	GOLD FUTURE APR 26 (n/a) - 6.98%
#10	META PLATFORMS INC CLASS A (META) - 2.94%	SWISS FRANC FUTURE MAR 26 (n/a) - 4.96%
#11	INTEL CORP (INTC) - 2.40%	BRENT CRUDE FUTURES MAR26 (n/a) - 3.54%
#12	LAM RESEARCH CORP (LRCX) - 2.33%	NETFLIX INC (NFLX) - 2.79%
#13	APPLIED MATERIALS INC (AMAT) - 2.03%	MCKESSON CORP (MCK) - 2.62%
#14	n/a (PLTR) - 1.66%	CVS HEALTH CORP (CVS) - 2.48%
#15	NETFLIX INC (NFLX) - 1.64%	MASTERCARD INC CLASS A (MA) - 2.44%
#16	SANDISK CORP ORDINARY SHARES (SNDK) - 1.13%	ZOOM COMMUNICATIONS INC (ZM) - 2.35%
#17	INVESCO PREMIER US GOVERNMENT MONEY INST (IUGXX) - 1.05%	SHERWIN-WILLIAMS CO (SHW) - 2.15%
#18	COCA-COLA CO (KO) - 0.90%	FAIR ISAAC CORP (FICO) - 2.13%
#19	XND US 06/17/27 P305 (n/a) - 0.64%	MEXICAN PESO FUTURE MAR 26 (n/a) - 2.01%
#20	VERIZON COMMUNICATIONS INC (VZ) - 0.61%	CRUDE OIL FUTURE APR 26 (n/a) - 1.94%
#21	AT&T INC (T) - 0.55%	n/a (ODFL) - 1.90%
#22	XND US 02/19/27 P300 (n/a) - 0.53%	KORN FERRY (KFY) - 1.86%
#23	XND US 03/19/27 P290 (n/a) - 0.52%	VERRA MOBILITY CORP CLASS A (VRRM) - 1.85%
#24	SALESFORCE INC (CRM) - 0.45%	MAXIMUS INC (MMS) - 1.81%
#25	PROCTER & GAMBLE CO (PG) - 0.45%	W.W. GRAINGER INC (GWW) - 1.69%
Total Holdings	250	250

QQHG vs LQPE - Historical Returns

Returns include dividend reinvestment.

Period	QQHG	LQPE
1 month	+1.93%	+0.76%
3 months	+10.74%	-2.96%
6 months	+10.36%	-3.77%
1 year	+24.55%	+0.33%
Max(CAGR)	+28.89%	-7.06%

Winner

QQHG

+1.93%

LQPE

+0.76%

Winner

QQHG

+10.74%

LQPE

-2.96%

Winner

QQHG

+10.36%

LQPE

-3.77%

Winner

QQHG

+24.55%

LQPE

+0.33%

Max(CAGR)

Winner

QQHG

+28.89%

LQPE

-7.06%

QQHG vs LQPE - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	QQHG	LQPE
2026	+9.91%	-2.63%
2025	+20.59%	-5.49%

QQHG vs LQPE Drawdown Comparison

The maximum drawdown for QQHG was -6.18%, occurring on Mar 30, 2026. Recovery took 113 trading sessions.

The maximum drawdown for LQPE was -18.89%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The current QQHG drawdown is -1.64%. The current LQPE drawdown is -8.06%.

Rank	QQHG	LQPE
#1	-6.18% Oct 29, 2025 - Apr 14, 2026	-18.89% Jan 28, 2025 - Apr 8, 2025
#2	-3.72% Jun 2, 2026 - Jun 10, 2026	N/A
#3	-2.24% Oct 8, 2025 - Oct 20, 2025	N/A
#4	-2.12% Aug 14, 2025 - Sep 5, 2025	N/A
#5	-1.29% Jul 31, 2025 - Aug 6, 2025	N/A
#6	-1.24% May 14, 2026 - May 21, 2026	N/A
#7	-1.15% Jun 3, 2025 - Jun 10, 2025	N/A
#8	-1.14% Sep 22, 2025 - Oct 1, 2025	N/A
#9	-1.07% May 16, 2025 - May 27, 2025	N/A
#10	-0.84% Oct 20, 2025 - Oct 24, 2025	N/A
#11	-0.81% Jun 12, 2025 - Jun 23, 2025	N/A
#12	-0.69% Apr 17, 2026 - Apr 22, 2026	N/A
#13	-0.68% Jun 30, 2025 - Jul 3, 2025	N/A
#14	-0.62% Apr 27, 2026 - May 1, 2026	N/A
#15	-0.60% Apr 22, 2026 - Apr 24, 2026	N/A