Global X NASDAQ 100 Risk Managed Income ETF (QRMI)
QRMI is an actively managed ETF by Global X. QRMI launched on Aug 25, 2021 and has a 0.60% expense ratio.
ETF Info
ISIN | US37960A5039 |
---|---|
CUSIP | 37960A503 |
Issuer | Global X |
Inception Date | Aug 25, 2021 |
Region | North America (U.S.) |
Category | Derivative Income |
Index Tracked | No Index (Active) |
Distribution Policy | Distributing |
Home Page | www.globalxetfs.com |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Expense Ratio
QRMI has a high expense ratio of 0.60%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Global X NASDAQ 100 Risk Managed Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Global X NASDAQ 100 Risk Managed Income ETF had a return of 3.10% year-to-date (YTD) and 4.76% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 3.10% | 10.00% |
1 month | -1.74% | 2.41% |
6 months | 6.05% | 16.70% |
1 year | 4.76% | 26.85% |
5 years (annualized) | N/A | 12.81% |
10 years (annualized) | N/A | 10.84% |
Monthly Returns
The table below presents the monthly returns of QRMI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 1.82% | 1.56% | 1.53% | -2.74% | 3.10% | ||||||||
2023 | 4.85% | -0.37% | 3.07% | 1.40% | 1.57% | 0.25% | 1.41% | -2.05% | -2.29% | -1.57% | 2.83% | 2.32% | 11.74% |
2022 | -4.58% | -3.77% | 3.10% | -3.83% | -2.47% | -2.71% | 2.83% | -2.87% | -3.28% | 0.57% | 0.92% | -3.75% | -18.49% |
2021 | 0.53% | -2.66% | 1.55% | -0.06% | -1.21% | -1.88% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of QRMI is 30, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
QRMI (Global X NASDAQ 100 Risk Managed Income ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X NASDAQ 100 Risk Managed Income ETF (QRMI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Global X NASDAQ 100 Risk Managed Income ETF granted a 12.35% dividend yield in the last twelve months. The annual payout for that period amounted to $2.10 per share.
Period | TTM | 2023 | 2022 | 2021 |
---|---|---|---|---|
Dividend | $2.10 | $2.13 | $1.84 | $0.78 |
Dividend yield | 12.35% | 12.44% | 10.65% | 3.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X NASDAQ 100 Risk Managed Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.18 | $0.17 | $0.17 | $0.17 | $0.00 | $0.69 | |||||||
2023 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $2.13 |
2022 | $0.14 | $0.08 | $0.22 | $0.04 | $0.03 | $0.19 | $0.20 | $0.20 | $0.19 | $0.18 | $0.18 | $0.19 | $1.84 |
2021 | $0.07 | $0.24 | $0.24 | $0.23 | $0.78 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X NASDAQ 100 Risk Managed Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X NASDAQ 100 Risk Managed Income ETF was 20.94%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current Global X NASDAQ 100 Risk Managed Income ETF drawdown is 8.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-20.94% | Sep 17, 2021 | 323 | Dec 28, 2022 | — | — | — |
-0.14% | Sep 9, 2021 | 3 | Sep 13, 2021 | 3 | Sep 16, 2021 | 6 |
-0.1% | Sep 2, 2021 | 1 | Sep 2, 2021 | 2 | Sep 7, 2021 | 3 |
Volatility
Volatility Chart
The current Global X NASDAQ 100 Risk Managed Income ETF volatility is 2.65%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.