Global X - Nasdaq 100 Risk Managed Income ETF
$15.31−0.01 (−0.07%)
- 0.60%
- $15M
- +9.5%
- 12.28%
- 0M sh
- $15.32
- low $14.85high $16.25
The ETF.net QRMI Grade
B
Score 61 out of 100
- 12 of 31
Score 61 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.C54 out of 100Rank 16 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A73 out of 100Rank 4 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C43 out of 100Rank 19 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A86 out of 100Rank 2 of 23Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C48 out of 100Rank 19 of 31
Our read on QRMI
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.
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
- The collar resets monthly: covered calls on Nasdaq-100 stocks pay for a protective put, and the index is built so the calls bring in more premium than the put costs.assets.globalxetfs.com
- Among Nasdaq-100 income peers like QYLD, QYLG and JEPQ, this is the one that spends premium on downside protection instead of pocketing all of it.
- Pays monthly, and the 0.60% fee sits under the typical Nasdaq-100 options-income fund.
- You hold the actual Nasdaq-100 names, roughly 110 lines, with the option legs layered on top rather than a synthetic stand-in.
Worth knowing
- The hedge isn't free: the calls that pay for the put also cap how much of a Nasdaq-100 rally the fund keeps.assets.globalxetfs.com
- A small fund that trades thinly, so spreads can be wider than the category giants and limit orders do real work.
- Monthly payouts ride on option premiums, which swell and shrink with volatility. No fixed rate is promised.globalxetfs.com
QRMI Holdings
- Stocks
- 105
- 49%
- NVDA
Sectors
- Technology60.3%
- Communication12.6%
- Consumer Discretionary10.1%
- Consumer Staples5.6%
- Industrials5.1%
- Health Care3.8%
- Utilities1.0%
- Materials0.9%
- Energy0.5%
- Financials0.2%
Geography
- United States95.40%
- United Kingdom1.66%
- Netherlands1.36%
- Canada0.96%
- Uruguay0.40%
- Ireland0.23%
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$10,954
Returns run to the Oct 12, 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 | +4.7% |
| 1 month | +1.5% |
| 3 months | +1.5% |
| 1 year | +9.5% |
| 3 years | +8.2% |
| 5 years | +2.8% |
| 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 | +4.7% | |
| 2025 | +3.8% | |
| 2024 | +14.7% | |
| 2023 | +11.7% | |
| 2022 | −18.5% | |
| 2021 | −1.9% |
QRMI in the news
QRMI Dividends
- 12.28%
- $1.88
- $0.15 per share
- Monthly
Distribution history
QRMI Risk
- 6.0%
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.
- 0.67
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.
QRMI Cost
0.60%
QRMI0.60%
- The middle half of Nasdaq-100 Option Income funds
- Median 0.71%
9 of the 30 Nasdaq-100 Option Income funds charge less.
Other funds in Nasdaq-100 Option Income
- BTDAQTappAlpha Innovation 100 Growth & Daily Income ETFExpense ratio 0.68%1 year return +27.2%
- BIQQQProShares - Nasdaq-100 High Income ETFExpense ratio 0.55%1 year return +20.8%
- BHEQQJPMorgan Nasdaq Hedged Equity Laddered Overlay ETFExpense ratio 0.50%1 year return +10.8%
- BQQQHNEOS Nasdaq-100 Hedged Equity Income ETFExpense ratio 0.68%1 year return +13.5%
- CQXQSGI Enhanced Nasdaq 100 ETFExpense ratio 0.98%1 year return +28.0%