- ISIN
- US37960A5039
- CUSIP
- 37960A503
- Issuer
- Global X
- Inception Date
- Aug 25, 2021
- Region
- North America (U.S.)
- Category
- Nasdaq-100, Derivative Income
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $16M
Share Price Chart
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Performance
QRMI Performance Chart
Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is up 2.3% since the beginning of the year. QRMI is currently trading at $16 per share.
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Returns By Period
Global X NASDAQ 100 Risk Managed Income ETF (QRMI) has returned 2.33% so far this year and 9.17% over the past 12 months.
Global X NASDAQ 100 Risk Managed Income ETF
- 1D
- 0.43%
- 1M
- 1.15%
- YTD
- 2.33%
- 6M
- 3.40%
- 1Y
- 9.17%
- 3Y*
- 6.97%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.50%
- 1M
- -0.17%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 22.93%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
QRMI Monthly Returns History
Based on dividend-adjusted daily data since Aug 26, 2021, QRMI's average daily return is +0.01%, while the average monthly return is +0.16%. At this rate, an investment would double in approximately 36.1 years.
Historically, 59% of months were positive and 41% were negative. The best month was Jan 2023 with a return of +4.9%, while the worst month was Jan 2022 at -4.6%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.
On a daily basis, QRMI closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +3.5%, while the worst single day was Jun 16, 2022 at -2.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.54% | -0.76% | -3.01% | 3.95% | 1.66% | 0.07% | 2.33% | ||||||
| 2025 | 1.48% | -1.53% | -1.48% | -2.38% | 0.20% | 1.46% | -0.03% | 0.09% | 1.92% | 2.79% | -0.12% | 1.43% | 3.76% |
| 2024 | 1.82% | 1.56% | 1.53% | -2.74% | 1.23% | 1.07% | 0.23% | 1.85% | 1.91% | 0.36% | 1.96% | 3.14% | 14.72% |
| 2023 | 4.85% | -0.37% | 3.07% | 1.40% | 1.57% | 0.24% | 1.41% | -2.05% | -2.29% | -1.57% | 2.83% | 2.32% | 11.73% |
| 2022 | -4.58% | -3.78% | 3.10% | -3.83% | -2.47% | -2.72% | 2.84% | -2.86% | -3.28% | 0.57% | 0.92% | -3.75% | -18.50% |
| 2021 | -0.00% | -2.66% | 1.55% | -0.06% | -1.21% | -2.40% |
Benchmark Metrics
Global X NASDAQ 100 Risk Managed Income ETF has an annualized alpha of -2.25%, beta of 0.36, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since August 26, 2021.
- This ETF participated in 52.78% of S&P 500 Index downside but only 30.54% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -2.25% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Beta of 0.36 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- -2.25%
- Beta
- 0.36
- R²
- 0.54
- Upside Capture
- 30.54%
- Downside Capture
- 52.78%
Expense Ratio
QRMI has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
QRMI ranks 48 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Global X NASDAQ 100 Risk Managed Income ETF (QRMI) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QRMI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.34 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 2.53 | -0.70 |
| Martin ratioReturn relative to average drawdown | 7.95 | 11.37 | -3.42 |
Dividends
Dividend History
Global X NASDAQ 100 Risk Managed Income ETF provided a 12.22% dividend yield over the last twelve months, with an annual payout of $1.91 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $1.91 | $1.97 | $2.06 | $2.13 | $1.84 | $0.78 |
Dividend yield | 12.22% | 12.28% | 11.80% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.16 | $0.16 | $0.15 | $0.16 | $0.15 | $0.00 | $0.78 | ||||||
| 2025 | $0.18 | $0.17 | $0.17 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $1.97 |
| 2024 | $0.18 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.18 | $2.06 |
| 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. Drawdowns are calculated considering price movements and all distributions paid, if any.
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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 20.95%, occurring on Dec 28, 2022. Recovery took 498 trading sessions.
The current Global X NASDAQ 100 Risk Managed Income ETF drawdown is 0.26%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -20.95%Dec 2022 | 1y 3mo | 1y 11mo | 3y 3moSep 2021 - Dec 2024 |
2025 selloff2025 | -8.43%Apr 2025 | 1mo 29d | 8mo 2d | 10mo 1dFeb 2025 - Dec 2025 |
2026 pullback2026 | -5.04%Mar 2026 | 2mo | 1mo 9d | 3mo 9dJan 2026 - May 2026 |
2025 pullback2025 | -1.88%Jan 2025 | 6d | 2d | 8dJan 2025 - Jan 2025 |
2026 pullback2026 | -1.80%Jun 2026 | 6d | — | 9d 19hJun 2026 - now |
Drawdown Indicators
| QRMI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.95% | -56.78% | +35.83% |
Max Drawdown (1Y)Largest decline over 1 year | -5.04% | -9.10% | +4.06% |
Max Drawdown (3Y)Largest decline over 3 years | -8.43% | -18.90% | +10.47% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.26% | -2.34% | +2.08% |
Average DrawdownAverage peak-to-trough decline | -7.94% | -10.72% | +2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.16% | 2.02% | -0.86% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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