Global X Nasdaq 100 Risk Managed Income ETF
$14.74−0.07 (−0.48%)
- 0.60%
- $15M
- +3.1%
- 12.69%
- 7.22K sh
- low $14.74high $16.25
The ETF.net QRMI Grade
B
Score 66 out of 100
- 10 of 31
Score 66 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B65 out of 100Rank 11 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A85 out of 100Rank 13 of 20Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B69 out of 100Rank 5 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 18 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B68 out of 100Rank 9 of 23Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C50 out of 100Rank 16 of 31
Our read on QRMI
In short
BMost Nasdaq-100 income funds sell calls and leave the downside wide open. QRMI spends part of that call premium on a protective put, collaring the index every month so the payout arrives with a hedge attached.
Stated mandate
The Fund seeks to track the price and yield performance of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index before fees and expenses. Its strategy combines Nasdaq-100 stocks with a monthly protective put and covered-call collar.
Why people hold it
Worth knowing
QRMI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
QRMI$10,309
Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | QRMI |
|---|---|
| Year to date | +1.7% |
| 1 month | −2.6% |
| 3 months | +0.7% |
| 1 year | +3.1% |
| 3 years | +7.9% |
| 5 years | +1.7% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QRMI |
|---|---|---|
| 2026 YTD | +1.7% | |
| 2025 | +3.8% | |
| 2024 | +14.7% | |
| 2023 | +11.7% | |
| 2022 | −18.5% | |
| 2021 | −1.9% |
QRMI in the news
QRMI Dividends
- 12.69%
- $1.87
- $0.15 per share
- Monthly
QRMI Risk
- 6.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.66
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −20.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.36
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
QRMI Cost
Overpaying vs EDGQ, cheapest in Nasdaq-100 Option Income
$11,817
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
QRMI 0.60%
$11,817
EDGQ 0.00% Cheapest
$0
Cost over time
Year by year
| Year | QRMI | EDGQ | Overpaying |
|---|---|---|---|
| 10 | $1,076 | $0 | $1,076 |
| 20 | $4,116 | $0 | $4,116 |
| 30 | $11,817 | $0 | $11,817 |
Other funds in Nasdaq-100 Option Income
- BROCQJPMorgan Nasdaq Equity Premium Yield ETFExpense ratio 0.35%1 year return
- BIQQQProShares Nasdaq-100 High Income ETFExpense ratio 0.55%1 year return +3.6%
- BTDAQTappAlpha Innovation 100 Growth & Daily Income ETFExpense ratio 0.68%1 year return +8.8%
- BEDGQGlobal X Nasdaq-100 Income Edge ETFExpense ratio 0.00%1 year return
- BQQQHNEOS Nasdaq-100 Hedged Equity Income ETFExpense ratio 0.68%1 year return +3.3%
