---
ticker: "QGRD"
name: "Horizon Nasdaq-100 Defined Risk ETF"
url: "https://etf.net/etf/QGRD"
grade: "D"
score: 36
graded_at: "2026-10-12"
category: "Nasdaq-100 Option Income"
category_rank: "25 of 31"
methodology: "https://etf.net/methodology"
---

# QGRD: Horizon Nasdaq-100 Defined Risk ETF

Grade **D**, Score 36 of 100. Rank 25 of 31 in Nasdaq-100 Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 30 | 22 of 31 |
| Mission | Not scored | — |
| Risk | 46 | 15 of 30 |
| Tradability | 38 | 22 of 31 |
| Holdings | Not scored | — |
| Durability | 36 | 28 of 31 |

## Top holdings

The fund holds 8 positions. These are the largest 8, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Qqq 12/10/2026 35 C | 95.59% |
| 2 | — | First American Government Obligations Fund 12/01/2031 | 3.88% |
| 3 | — | Qqq 12/17/2026 704.05 P | 0.43% |
| 4 | — | Cash & Other | 0.19% |
| 5 | — | 4QQQ Us 11/19/26 P685.05 Flx | 0.14% |
| 6 | — | 4QQQ Us 11/19/26 P671 Flx | 0.02% |
| 7 | — | Qqq 10/22/2026 687.66 P | 0.01% |
| 8 | — | Qqq 10/22/2026 649.37 P | <0.01% |

Source: etf.net, https://etf.net/etf/QGRD. Please cite the page URL.