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 |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Distribution Policy | Distributing |
| Home Page | www.globalxetfs.com |
| Asset Class | Equity |
Asset Class Size | 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
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: QRMI vs. QYLD, QRMI vs. XRMI, QRMI vs. QCLR, QRMI vs. VOO, QRMI vs. QQQ, QRMI vs. DJIA, QRMI vs. VTI, QRMI vs. JEPI, QRMI vs. QYLG, QRMI vs. qyld
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 11.48% year-to-date (YTD) and 14.77% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.48% | 25.48% |
| 1 month | 1.72% | 2.14% |
| 6 months | 8.06% | 12.76% |
| 1 year | 14.77% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
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% | 1.85% | 1.91% | 0.36% | 11.48% | ||
| 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% | -2.86% | -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 63, 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.
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 11.89% 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 | 11.89% | 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 | $0.00 | $1.71 | |
| 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. The portfolio has not yet recovered.
The current Global X NASDAQ 100 Risk Managed Income ETF drawdown is 1.03%.
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 1.69%, 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.