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QRMI vs. DJIA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QRMI and DJIA is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.7

Performance

QRMI vs. DJIA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X NASDAQ 100 Risk Managed Income ETF (QRMI) and Global X Dow 30 Covered Call ETF (DJIA). The values are adjusted to include any dividend payments, if applicable.

10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
9.51%
17.60%
QRMI
DJIA

Key characteristics

Sharpe Ratio

QRMI:

0.86

DJIA:

0.53

Sortino Ratio

QRMI:

1.34

DJIA:

0.85

Omega Ratio

QRMI:

1.19

DJIA:

1.14

Calmar Ratio

QRMI:

0.83

DJIA:

0.61

Martin Ratio

QRMI:

3.38

DJIA:

2.91

Ulcer Index

QRMI:

2.33%

DJIA:

2.54%

Daily Std Dev

QRMI:

9.15%

DJIA:

14.04%

Max Drawdown

QRMI:

-20.94%

DJIA:

-16.91%

Current Drawdown

QRMI:

-6.97%

DJIA:

-6.95%

Returns By Period

In the year-to-date period, QRMI achieves a -4.18% return, which is significantly lower than DJIA's -3.23% return.


QRMI

YTD

-4.18%

1M

-3.60%

6M

-0.01%

1Y

7.73%

5Y*

N/A

10Y*

N/A

DJIA

YTD

-3.23%

1M

-3.76%

6M

0.96%

1Y

7.09%

5Y*

N/A

10Y*

N/A

*Annualized

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QRMI vs. DJIA - Expense Ratio Comparison

Both QRMI and DJIA have an expense ratio of 0.60%.


Expense ratio chart for QRMI: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QRMI: 0.60%
Expense ratio chart for DJIA: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
DJIA: 0.60%

Risk-Adjusted Performance

QRMI vs. DJIA — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QRMI
The Risk-Adjusted Performance Rank of QRMI is 7777
Overall Rank
The Sharpe Ratio Rank of QRMI is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of QRMI is 7777
Sortino Ratio Rank
The Omega Ratio Rank of QRMI is 7878
Omega Ratio Rank
The Calmar Ratio Rank of QRMI is 7878
Calmar Ratio Rank
The Martin Ratio Rank of QRMI is 7676
Martin Ratio Rank

DJIA
The Risk-Adjusted Performance Rank of DJIA is 6464
Overall Rank
The Sharpe Ratio Rank of DJIA is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of DJIA is 5858
Sortino Ratio Rank
The Omega Ratio Rank of DJIA is 6565
Omega Ratio Rank
The Calmar Ratio Rank of DJIA is 6868
Calmar Ratio Rank
The Martin Ratio Rank of DJIA is 7171
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QRMI vs. DJIA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Risk Managed Income ETF (QRMI) and Global X Dow 30 Covered Call ETF (DJIA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for QRMI, currently valued at 0.86, compared to the broader market-1.000.001.002.003.004.00
QRMI: 0.86
DJIA: 0.53
The chart of Sortino ratio for QRMI, currently valued at 1.34, compared to the broader market-2.000.002.004.006.008.00
QRMI: 1.34
DJIA: 0.85
The chart of Omega ratio for QRMI, currently valued at 1.19, compared to the broader market0.501.001.502.002.50
QRMI: 1.19
DJIA: 1.14
The chart of Calmar ratio for QRMI, currently valued at 0.94, compared to the broader market0.002.004.006.008.0010.0012.00
QRMI: 0.94
DJIA: 0.61
The chart of Martin ratio for QRMI, currently valued at 3.38, compared to the broader market0.0020.0040.0060.00
QRMI: 3.38
DJIA: 2.91

The current QRMI Sharpe Ratio is 0.86, which is higher than the DJIA Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of QRMI and DJIA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
0.86
0.53
QRMI
DJIA

Dividends

QRMI vs. DJIA - Dividend Comparison

QRMI's dividend yield for the trailing twelve months is around 12.78%, which matches DJIA's 12.85% yield.


TTM2024202320222021
QRMI
Global X NASDAQ 100 Risk Managed Income ETF
12.78%11.81%12.45%10.66%3.36%
DJIA
Global X Dow 30 Covered Call ETF
12.85%11.44%7.16%9.18%0.00%

Drawdowns

QRMI vs. DJIA - Drawdown Comparison

The maximum QRMI drawdown since its inception was -20.94%, which is greater than DJIA's maximum drawdown of -16.91%. Use the drawdown chart below to compare losses from any high point for QRMI and DJIA. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.97%
-6.95%
QRMI
DJIA

Volatility

QRMI vs. DJIA - Volatility Comparison

The current volatility for Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is 5.35%, while Global X Dow 30 Covered Call ETF (DJIA) has a volatility of 10.97%. This indicates that QRMI experiences smaller price fluctuations and is considered to be less risky than DJIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
5.35%
10.97%
QRMI
DJIA