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
US37960A5039
37960A503
Aug 25, 2021
North America (U.S.)
1x
No Index (Active)
Distributing
Large-Cap
Expense Ratio
QRMI features an expense ratio of 0.60%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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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 14.55% year-to-date (YTD) and 15.10% in the last 12 months.
QRMI
14.55%
3.84%
10.16%
15.10%
N/A
N/A
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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% | 1.23% | 1.07% | 0.23% | 1.86% | 1.91% | 0.36% | 1.96% | 14.55% | |
| 2023 | 4.85% | -0.37% | 3.07% | 1.40% | 1.57% | 0.25% | 1.41% | -2.05% | -2.29% | -1.58% | 2.84% | 2.32% | 11.75% |
| 2022 | -4.58% | -3.78% | 3.10% | -3.83% | -2.47% | -2.71% | 2.84% | -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
With an overall rank of 82, QRMI is among the top 18% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 provided a 11.68% dividend yield over the last twelve months, with an annual payout of $2.05 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $2.05 | $2.13 | $1.84 | $0.79 |
Dividend yield | 11.68% | 12.45% | 10.66% | 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 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.00 | $1.88 |
| 2023 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $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 | $0.79 |
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.
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. Recovery took 498 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.94% | Sep 17, 2021 | 323 | Dec 28, 2022 | 498 | Dec 20, 2024 | 821 |
| -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 2.56%, 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.