QQH: HCM DEFENDER 100 INDEX ETF
What this ETF is trying to do
The HCM DEFENDER 100 INDEX ETF (ticker: QQH) is an exchange-traded fund listed on the NYSE. Based on its top holdings, which include large technology companies and a leveraged fund, it is designed to track a specific index. It holds 98 total investments, though the list provided below shows only the largest ones.
Top Holdings:
• PROSHARES ULTRAPRO QQQ: 18.64%
• APPLE INC: 10.18%
• NVIDIA CORP: 7.97%
• MICROSOFT CORP: 7.51%
• META PLATFORMS INC CLASS A: 4.74%
• AMAZON.COM INC: 4.30%
• TESLA INC: 3.57%
• MICRON TECHNOLOGY INC: 3.07%
• BROADCOM INC: 3.04%
• ADVANCED MICRO DEVICES INC: 2.56%
Please note that holdings can change over time.
What the numbers show
The data shows how the share price and total value of the ETF have moved over different time periods.
Price Return (Share-price movement only):
• Year-to-Date (YTD): 16.16%
• One-Year: 17.57%
• Three-Year: 99.49%
Total Return (Includes share-price movement and distributions):
• Year-to-Date (YTD): 16.16%
• One-Year: 17.82%
• Three-Year: 100.91%
• Five-Year: 86.50%
When comparing these, the total return is slightly higher than the price return, which means distributions added a small amount to the overall value. An estimated price from roughly one year ago was $76.44, compared to the current price of $89.87.
Income and distribution explanation
The distribution yield for QQH is 0.18%. This number describes the cash distributions relative to the ETF price. The fund has a distribution frequency described as "Irregular / less frequent," with only one payout recorded in the last 12 months. Because this yield is quite low, it is not considered a high-income fund.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, looking at price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.
Pros
• The fund has shown strong positive price returns over the one-year and three-year periods.
• The erosion-risk measurements suggest there is no detected price erosion.
Cons
• The distribution yield is very low (0.18%).
• Payouts are irregular and less frequent rather than being a steady monthly or quarterly stream.
Beginner takeaway
QQH has experienced significant share-price growth over the last three years. While it provides some total return, most of that value comes from the increase in share price rather than cash distributions. The fund currently shows no signs of price erosion according to the supplied risk scores.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | PROSHARES ULTRAPRO QQQ | TQQQ | 18.64% |
| 2 | APPLE INC | AAPL | 10.18% |
| 3 | NVIDIA CORP | NVDA | 7.97% |
| 4 | MICROSOFT CORP | MSFT | 7.51% |
| 5 | META PLATFORMS INC CLASS A | META | 4.74% |
| 6 | AMAZON.COM INC | AMZN | 4.30% |
| 7 | TESLA INC | TSLA | 3.57% |
| 8 | MICRON TECHNOLOGY INC | MU | 3.07% |
| 9 | BROADCOM INC | AVGO | 3.04% |
| 10 | ADVANCED MICRO DEVICES INC | AMD | 2.56% |