OVQ vs QGRD
Overlay Shares Nasdaq 100 Income ETF vs Horizon Nasdaq-100 Defined Risk ETF
Which is better, OVQ or QGRD?
QGRD costs less.
QGRD has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OVQ | QGRD |
|---|---|---|
| Expense Ratio | 0.97% | 0.85%Best |
| AUM | $33M | $164M |
| Dividend Yield | 0.00% | 1.47% |
| Holdings | 2 | 28 |
| YTD Return | -3.77% | +5.08%Best |
| 1Y Return | - | +4.57% |
| Fund Family | Overlay Shares | Horizon Funds |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 23, 2026 | Jul 9, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
OVQ vs QGRD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
OVQ vs QGRD Performance
Overlay Shares Nasdaq 100 Income ETF (OVQ) is an ETF from Overlay Shares and Horizon Nasdaq-100 Defined Risk ETF (QGRD) is an ETF from Horizon Funds. Year to date, OVQ is down 3.77% versus a gain of 5.08% for QGRD.
Past performance does not guarantee future results.
Fees and Cost Over Time
OVQ charges 0.97% per year while QGRD charges 0.85%. On a $10,000 position that is $97 vs $85 annually, a gap of $12 per year that compounds over a long holding period. On income, OVQ currently yields 0.00% against 1.47% for QGRD.
Holdings Overlap
We hold position weights for 2 holdings in OVQ and 3 in QGRD, totalling 100.6% and 8.6% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 2 positions we hold weights for in OVQ and 3 in QGRD, against full books of 2 and 28.
What only one of them owns
Measured across the 2 and 3 positions we hold weights for.
QGRD holds 1 position OVQ does not, 2.5% of the fund.
Largest: 4QQQ 261217P00704050 2.45%
Top Shared Holdings
| Stock | Weight in OVQ | Weight in QGRD | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 0.11% | 6.16% | 6.05% |
You are not choosing between two funds in isolation.
Whichever of OVQ and QGRD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OVQ or QGRD?
OVQ has an expense ratio of 0.97% while QGRD charges 0.85%. QGRD is the cheaper option, by $12 a year on a $10,000 investment.
Which pays a higher dividend, OVQ or QGRD?
OVQ yields 0.00% while QGRD yields 1.47%, so QGRD currently pays the higher dividend yield.
Is QGRD better than OVQ?
QGRD has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.