Horizon Nasdaq-100 Defined Risk ETF (QGRD) Holdings

For informational purposes only. Not financial advice.

Quick Answer

Horizon Nasdaq-100 Defined Risk ETF (QGRD) has a last stored price of $30.66, as of the Oct 6, 2026 trading session. It has a 0.85% expense ratio and $75M in assets under management.

Holdings and weights below are as of Mar 15, 2026. In the stored portfolio snapshot, the largest listed holding is First American Government Obligs X (FGXXX) at 0.08%.

Horizon Nasdaq-100 Defined Risk ETF (QGRD) ETF — Price, Holdings & Analysis

ETF Overview

The Horizon Nasdaq-100 Defined Risk ETF (QGRD) aims to provide capital appreciation while managing downside risk, primarily focusing on companies within the Nasdaq-100. However, its current investment strategy appears to be largely focused on capital preservation, as evidenced by its top holding being First American Government Obligs X (FGXXX) which constitutes 0.08% of the portfolio. The fund's country exposure is entirely in 'Other' at 100.0%, suggesting investments outside typical geographic classifications. This ETF may appeal to investors seeking exposure to the Nasdaq-100 with a defined risk approach, but the current portfolio composition should be carefully considered. Investors should monitor how the fund's holdings evolve over time to align with its stated investment objective of capital appreciation within the Nasdaq-100. The fund's defined risk strategy differentiates it from passively managed Nasdaq-100 trackers.

Risk Metrics

QGRD presents a unique risk profile. As of March 2026, a significant portion of its assets are allocated to a single holding, First American Government Obligs X (FGXXX) at 0.08%, indicating a concentrated portfolio, although the vast majority of the fund is likely held in cash or similar instruments not explicitly listed. This concentration could amplify the impact of that specific holding's performance on the overall ETF return. The expense ratio of 0.85% is higher than category averages, creating a drag on performance, especially relevant in a low-yield environment. With a beta of 0.00 (3Y), the fund exhibits very low volatility relative to the market, which is expected given its current holdings. Investors should be aware that past performance does not guarantee future results, and the fund's risk profile may change as its investment strategy evolves.

Beta: 0.00

Expense Ratio

0.85%

What does QGRD hold?

Holding	Weight
First American Government Obligs X (FGXXX)	0.08%

Holdings and weights as of Mar 15, 2026. This fund data is more than 45 days old; verify current holdings with the issuer.

How Is the Fund Allocated?

Country	Weight
Other	100.0%

Dividend Yield

0.00%

State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
ARK Innovation ETF (ARKK) — 0.75% expense ratio
Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
WisdomTree Emerging Markets ESG Fund (DVEM) — 0.32% expense ratio
Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) — 0.59% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

Horizon Landmark ETF (BENJ) (Fixed Income) — 0.40% expense ratio

Questions & Answers

What is QGRD and what does it track?

The Horizon Nasdaq-100 Defined Risk ETF (QGRD) is an exchange-traded fund managed by Horizon Funds.

Launched in July 2025, QGRD aims to provide capital appreciation and capital preservation by investing in companies within the Nasdaq-100 index, while also employing a defined risk strategy.

What is the expense ratio for QGRD?

The expense ratio for the Horizon Nasdaq-100 Defined Risk ETF (QGRD) is 0.85%. This means that for every $10,000 invested in the fund, $85 is used to cover the fund's operating expenses annually.

What are the top holdings in QGRD?

As of March 2026, the top holding in the Horizon Nasdaq-100 Defined Risk ETF (QGRD) is First American Government Obligs X (FGXXX), comprising 0.08% of the fund's total assets.

While this is the only holding explicitly listed, it suggests a significant portion of the fund may be held in cash or similar instruments.

Is QGRD a good long-term investment?

Whether QGRD is a suitable long-term investment depends on an individual investor's specific financial goals, risk tolerance, and investment horizon. The fund's objective is to provide capital appreciation and capital preservation within the Nasdaq-100.

However, the expense ratio of 0.85% is higher than category averages, which can impact long-term returns.

How does QGRD compare to similar ETFs?

QGRD differentiates itself through its defined risk approach within the Nasdaq-100. Compared to passively managed Nasdaq-100 ETFs, QGRD aims to provide downside protection, although its current holdings suggest a more conservative stance.

Its expense ratio of 0.85% is higher than many passively managed Nasdaq-100 trackers, which typically have expense ratios below 0.20%.

Does QGRD pay dividends?

As of March 2026, the Horizon Nasdaq-100 Defined Risk ETF (QGRD) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividends to its shareholders.

Investors seeking income-generating investments may want to consider other ETFs with a higher dividend yield. However, QGRD's primary objective is capital appreciation and capital preservation, rather than income generation.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

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