QGRD ETF — Horizon Nasdaq-100 Defined Risk ETF

Horizon Nasdaq-100 Defined Risk ETF (QGRD)

Updated October 16, 2026.

QGRD is an ETF. its trailing-12-month yield is 1.44%, its expense ratio is 0.85%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 17.7% over the past 1.3 years, 5.9 points behind SPY at 23.6%.

Horizon Nasdaq-100 Defined Risk ETF is an equity fund that uses flexible exchange options on the Nasdaq-100 Index to pursue an options-based strategy designed to generate income, manage volatility, and reduce downside risk. The fund carries a modest expense ratio of 0.85% and distributes annually, though its latest distribution was special and may not recur regularly. This approach may appeal to investors seeking equity exposure with an emphasis on income generation and downside protection.

QGRD performance versus SPY

Price and return data through 2026-10-16.

Total return is 17.7% over the past 1.3 years, 5.9 points behind SPY at 23.6%. Its deepest 1-year drawdown was 9.4%.

QGRD key facts

Distribution Safety Score™

50 · Unproven

Issuer

Horizon Investments

Asset type

ETF

Asset class

Equity

Inception date

07/09/2025

Expense ratio

0.85%

Distribution frequency

Annual

Trailing yield

1.44%

Last close

$28.96 (as of 2026-10-16)

AUM

$178,129,080

Average volume

5279.0

Dividend

$0.418

Ex-dividend date

12/24/2025

Payment date

12/26/2025

Beta

1.0319

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.44%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Horizon Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

QGRD risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.4%.

Who may consider QGRD — and who may not

It is a weaker fit for investors who need monthly cash flow (QGRD pays annual); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on QGRD

• All tickers starting with Q

Tagged: Nasdaq100, Large Cap, Index.

Frequently asked questions

More securities from Horizon Investments.