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DHSB vs QBSV

Day Hagan Smart Buffer ETF

DHSBDNYSE Arca

AllianzIM U.S. Equity Buffer5 ETF

QBSVCCboe

Overlap

Expense ratio

QBSV −0.18pt a year

DHSB0.82%QBSV0.64%

Avg volume · 30D

QBSV 1.7×the volume

DHSB2.55KQBSV4.32K

DHSB vs QBSV Performance

Jul 31, 2026 – Oct 30, 2026

+1.5%DHSB+1.0%QBSV

Jul 31, 2026 to Oct 30, 2026. DHSB +1.5%. QBSV +1.0%. Use the arrow keys to read each point.0%0.5%2%2.5%3%Jul 2026Sep 2026Oct 2026
Expense ratio
DHSB 0.82%
QBSV 0.64%, better
Fund size
DHSB $39M
QBSV $28M
1Y total return
DHSB +7.6%
QBSV No data
Holdings
DHSB 3
QBSV 3
Avg volume (30D)
DHSB 2.55K sh
QBSV 4.32K sh, better
NAV per share
DHSB $27.83
QBSV $27.34
52W range

ETF.net Grade

DHSB: Cost 24, Risk 49, Mission not scored, Tradability 28, Holdings 50, Durability 40. QBSV: Cost 53, Risk 76, Mission not scored, Tradability 38, Holdings 46, Durability 31.
Pillar letters and Scores for DHSB, QBSV, with each pillar’s weight
PillarDHSBQBSV
Cost30% weightF24C53Higher
Mission25% weightNot scoredNot scored
Risk15% weightC49A76Higher
Tradability15% weightD28D38Higher
Holdings10% weightC50HigherC46
Durability5% weightC40HigherD31

Rank among S&P 500 Buffer funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DHSB and QBSV are both graded against the same 7 S&P 500 Buffer funds, so their Grades compare head to head.

S&P 500 Buffer⁠

Category · 7 funds
See all 7 ›

QBSV ranks 3rd and DHSB 6th of 7 funds in the S&P 500 Buffer Category.

  1. Rank 1BSWANAmplify BlackSwan Growth & Treasury Core ETFScore 60
  2. Rank 2BPSFFPacer Swan SOS Fund of Funds ETFScore 56
  3. Rank 3CQBSVAllianzIM U.S. Equity Buffer5 ETFScore 52
  4. Rank 4CFBProShares S&P 500 Dynamic Buffer ETFScore 40
  5. Rank 4CHJUNCorgi U.S. Equities 100% Structured Buffer ETF - June SeriesScore 40
  6. Rank 6DDHSBDay Hagan Smart Buffer ETFScore 34
  7. Rank 7DBSTPInnovator Buffer Step-Up Strategy ETFScore 32

Our read on each fund

ETF.net Research

DHSBDDay Hagan Smart Buffer ETF

QBSVCAllianzIM U.S. Equity Buffer5 ETF

In short

DHSB A buffer fund without a calendar. Day Hagan owns U.S. equity ETFs and stocks, sells calls against them, and spends the premium on puts, with the manager free to reset the buffer and cap as markets move.

QBSV No data

Stated mandate

DHSB The Fund seeks long-term capital appreciation and preservation of capital. It is an actively managed ETF that primarily uses U.S.-listed ETFs and equity securities tied to broad U.S. equity indexes, while using options to generate income and hedge losses.

QBSV No data

Why people hold it

  • DHSB The buffer and cap aren't locked to a set outcome period: the advisor can reset them at any time, at its discretion, based on market conditions and its risk objectives.sec.gov
  • Holds U.S. equity ETFs and stocks outright, writes calls on up to 100% of each position, and uses part of that premium to buy puts or put spreads.sec.gov
  • Current buffer and cap levels are posted daily on the fund's website, so the trade-off in place is visible rather than guesswork.sec.gov

QBSV No data

Worth knowing

  • DHSB Costs 0.82% with no fee waiver, above the category median and above peers such as HJUN at 0.30% and SWAN at 0.49%.
  • Protection isn't fixed: the buffer's size shifts as holdings and options move, the overlay can be adjusted or suspended, and the prospectus notes no assurance it works as sought.sec.gov
  • Launched February 2025, non-diversified, and one of the smaller, less-traded funds in its peer group, so there's limited track record to judge.sec.gov

QBSV No data

Full DHSB profile⁠

Full QBSV profile⁠

DHSB vs QBSV Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DHSB vs QBSV Cost

Overpaying DHSB vs QBSV

$3,151

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DHSB 0.82%

    $15,689

  • QBSV 0.64%

    $12,538

$10,000
30 years

Cost over time

  • DHSB 0.82%
  • QBSV 0.64%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DHSB $15,689QBSV $12,538

Year by year

YearDHSBQBSVOverpaying
10$1,457$1,145$312
20$5,519$4,375$1,144
30$15,689$12,538$3,151

Expense ratio

  • 0.82%DHSB
  • 0.64%QBSV, cheaper
  • Middle half of S&P 500 Buffer funds
  • Median 0.64%

QBSV 4th cheapest of 7 funds

DHSB 6th cheapest of 7 funds

DHSB vs QBSV Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
DHSB No data
QBSV None
Last payment
DHSB $0.32
QBSV No data
Ex-dividend
DHSB Dec 29, 2025
QBSV No data
Paid on
DHSB Dec 30, 2025
QBSV No data
Frequency
DHSB Irregular
QBSV No data

Distribution history

Per share, 2025 to 2026, same scale for both

DHSBIrregular · 1 paymentAll DHSB payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 29, 2025 $0.32. Use the arrow keys to read each point.$0$0.252026YTD
QBSVAll QBSV payments⁠

No distribution history available.

DHSB vs QBSV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DHSB 4.4%since Mar 2025QBSV No data
Return per unit of riskSharpe ratio, 3 years
DHSB 0.72since Mar 2025QBSV No data
Worst fallMax drawdown, 5 years
DHSB −7.7%since Feb 2025QBSV No data
Market sensitivityBeta, 5 years
DHSB 0.33QBSV 0.18

Popular comparisons

  • DHSBDvsSWANB

    Day Hagan Smart Buffer ETF · Amplify BlackSwan Growth & Treasury Core ETF

    Expense ratio
    0.82% · 0.49%
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  • DHSBDvsFBC

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    Expense ratio
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    Category
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