HCM Defender 100 ETF (QQH) Performance
QQH total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.7% since Dec 31, 2025
- 1 year
- +6.5% total return
- 5 years
- +10.0% a year
- Since first price
- +18.5% a year since 2019
QQH trailing returns vs SPY, QQQ, AGG
| Period | QQH total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.1% | −6.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.1% | +3.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +10.3% | +10.3% | +7.8% | +8.4% | −1.5% |
| YTD | +6.7% | +6.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +6.5% | +6.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +87.1%+23.2%/yr | +85.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +61.3%+10.0%/yr | +60.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionOct 10, 2019 | +230.9%+18.5%/yr | +227.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QQH vs SPY
From Oct 10, 2019: QQH grew to $33,094, SPY to $28,643.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QQH returns by calendar year
5 of 6 full years positive. Best 2023 (+48.1%), worst 2022 (−39.6%). 2026 is year to date.
QQH annual returns table
| Year | QQH | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.7% | −14.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.7% | −21.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +33.6% | −15.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +48.1% | −12.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −39.6% | −41.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +37.5% | −14.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +41.7% | −28.7% | +18.3% | +48.6% | +7.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QQH largest drawdowns
Now 8.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 28, 2021 | −41.9% | Dec 28, 2022 | Jun 5, 2024 | 1.0 years | 2.4 years |
| Feb 19, 2020 | −28.7% | Mar 16, 2020 | Jul 20, 2020 | 26 days | 5 months |
| Dec 16, 2024 | −24.8% | Apr 8, 2025 | Aug 12, 2025 | 4 months | 8 months |
| Sep 2, 2020 | −17.9% | Sep 23, 2020 | Dec 7, 2020 | 21 days | 3 months |
| Oct 29, 2025 | −16.2% | Mar 30, 2026 | May 8, 2026 | 5 months | 6 months |
| Jul 10, 2024 | −15.7% | Aug 5, 2024 | Nov 7, 2024 | 26 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QQH risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +25.3% | +12.7% | +19.1% |
| Volatility (annualized) | 20.1% | 22.0% | 22.6% |
| Sharpe ratio | 1.01 | 0.49 | 0.77 |
| Sortino ratio | 2.01 | 0.76 | 1.28 |
| Best month | +14.5% | +14.5% | +15.5% |
| Worst month | −8.0% | −16.3% | −16.3% |
| Best 12 months | +42.0% | +48.1% | +71.3% |
| Worst 12 months | +6.8% | −39.6% | −39.6% |
| Positive months | 58% | 58% | 61% |
| Beta vs S&P 500 | 1.38 | 1.12 | — |
| Correlation with S&P 500 | 0.85 | 0.80 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QQH rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 73 | −39.6% | +24.4% | +71.3% | 82% |
| 3-year (a year) | 49 | +4.5% | +12.1% | +31.9% | 100% |
| 5-year (a year) | 25 | +9.0% | +15.6% | +19.7% | 100% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
QQH performance overview
HCM Defender 100 ETF (QQH) returned +6.5% over the past year and +10.0% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +18.5% a year, turning $10,000 into about $33,094. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −41.9%, from Dec 28, 2021 to Dec 28, 2022, and it took 1.4 years to get back to the old high. QQH finished 5 of its 6 full calendar years with a gain; the best year was 2023 (+48.1%) and the worst 2022 (−39.6%). Volatility has been 22.6% a year.
Related: QQH chart, QQH holdings, QQH dividends, QQH valuation. See the QQH overview for the latest quote and fund facts.
QQH performance FAQ
What is the QQH return over the past year?
QQH returned +6.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 6.3%.
What is the average annual return of QQH?
QQH has returned +10.0% a year over 5 years, +18.5% a year since October 10, 2019 (total return, distributions reinvested).
How much would $10,000 invested in QQH be worth?
$10,000 invested in QQH at its first recorded close on October 10, 2019 would be worth about $33,094 on October 23, 2026 with distributions reinvested.
What was the worst year for QQH?
The worst calendar year was 2022, with a total return of −39.6%. The best was 2023 at +48.1%.
What is the biggest drawdown of QQH?
The largest peak-to-trough decline was −41.9% between December 28, 2021 and December 28, 2022. It recovered to the old high on June 5, 2024, 1.4 years after the bottom.
How volatile is QQH?
Over the past 3 years QQH had an annualized volatility of 20.1% and a Sharpe ratio of 1.01 (excess return over 1–3 month T-bills per unit of risk).