QRMI vs. QCLR
Compare and contrast key facts about Global X NASDAQ 100 Risk Managed Income ETF (QRMI) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR).
QRMI and QCLR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QRMI is an actively managed fund by Global X. It was launched on Aug 25, 2021. QCLR is a passively managed fund by Global X that tracks the performance of the NASDAQ-100 Quarterly Collar 95-110 Index. It was launched on Aug 25, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QRMI or QCLR.
Correlation
The correlation between QRMI and QCLR is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
QRMI vs. QCLR - Performance Comparison
Key characteristics
QRMI:
1.81
QCLR:
1.66
QRMI:
2.64
QCLR:
2.32
QRMI:
1.39
QCLR:
1.30
QRMI:
0.97
QCLR:
2.47
QRMI:
9.94
QCLR:
7.19
QRMI:
1.21%
QCLR:
2.84%
QRMI:
6.64%
QCLR:
12.32%
QRMI:
-20.94%
QCLR:
-21.77%
QRMI:
-0.83%
QCLR:
-2.50%
Returns By Period
In the year-to-date period, QRMI achieves a 11.68% return, which is significantly lower than QCLR's 20.03% return.
QRMI
11.68%
1.06%
6.65%
12.71%
N/A
N/A
QCLR
20.03%
2.41%
5.02%
21.46%
N/A
N/A
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QRMI vs. QCLR - Expense Ratio Comparison
Both QRMI and QCLR have an expense ratio of 0.60%.
Risk-Adjusted Performance
QRMI vs. QCLR - 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 NASDAQ 100 Collar 95-110 ETF (QCLR). 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.
Dividends
QRMI vs. QCLR - Dividend Comparison
QRMI's dividend yield for the trailing twelve months is around 11.98%, more than QCLR's 0.57% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
QRMI Global X NASDAQ 100 Risk Managed Income ETF | 11.98% | 12.45% | 10.66% | 3.36% |
QCLR Global X NASDAQ 100 Collar 95-110 ETF | 0.57% | 0.47% | 0.28% | 1.64% |
Drawdowns
QRMI vs. QCLR - Drawdown Comparison
The maximum QRMI drawdown since its inception was -20.94%, roughly equal to the maximum QCLR drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for QRMI and QCLR. For additional features, visit the drawdowns tool.
Volatility
QRMI vs. QCLR - Volatility Comparison
The current volatility for Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is 0.71%, while Global X NASDAQ 100 Collar 95-110 ETF (QCLR) has a volatility of 3.20%. This indicates that QRMI experiences smaller price fluctuations and is considered to be less risky than QCLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.