QRMI vs. QQQM

Last updated Aug 6, 2026

QRMI (Global X NASDAQ 100 Risk Managed Income ETF) and QQQM (Invesco NASDAQ 100 ETF) are both Nasdaq-100 funds. QRMI is actively managed, while QQQM is passively managed. Over the past 3 years, QRMI returned 6.65%/yr vs 25.27%/yr for QQQM. Their 0.77 correlation means they have sometimes moved together and sometimes differently. QRMI charges 0.60%/yr vs 0.15%/yr for QQQM.

Performance

QRMI vs. QQQM - 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 Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QRMI achieves a 2.13% return, which is significantly lower than QQQM's 17.07% return.

QRMI

• 1D: 0.06%
• 1M: -0.71%
• 6M: 2.38%
• YTD: 2.13%
• 1Y: 8.80%
• 3Y*: 6.65%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.58%

QQQM

• 1D: -0.90%
• 1M: -0.73%
• 6M: 18.73%
• YTD: 17.07%
• 1Y: 28.72%
• 3Y*: 25.27%
• 5Y*: 15.05%
• 10Y*: —
• ALL TIME*: 17.31%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QQQM Invesco NASDAQ 100 ETF	$1.17B	$981.56M	$1.20B
QRMI Global X NASDAQ 100 Risk Managed Income ETF	$169.27K	$136.84K	$139.60K

QRMI vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QRMI Global X NASDAQ 100 Risk Managed Income ETF	2.13%	3.76%	14.72%	11.73%	-18.50%	-2.40%
QQQM Invesco NASDAQ 100 ETF	17.07%	20.85%	25.68%	55.01%	-32.52%	6.44%

Correlation

The correlation between QRMI and QQQM is 0.87, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.87
Correlation (3Y) Balances recent behavior with more history.	0.77
Correlation (All Time) Calculated using the full available price history since Aug 26, 2021	0.77

The correlation between QRMI and QQQM shifts across timeframes, from 0.77 (3 years) to 0.87 (1 year), reflecting how their relationship changes across market environments.

QRMI vs. QQQM - Sectors Allocation Comparison

Sectors	QRMI	QQQM
Technology	60.4%	60.9%
Communication Services	12.3%	13.1%
Consumer Cyclical	10.1%	10.7%
Consumer Defensive	6.6%	6.3%
Industrials	4.3%	2.7%
Healthcare	3.7%	3.6%
Utilities	1.3%	1.1%
Basic Materials	1.1%	1.0%
Energy	0.5%	0.5%
Financial Services	0.2%	0.2%
Real Estate	0.1%	0.1%

Return for Risk

QRMI vs. QQQM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QRMI

QRMI Risk / Return Rank: 46
QRMI Sharpe Ratio Rank: 45
QRMI Sortino Ratio Rank: 42
QRMI Omega Ratio Rank: 48
QRMI Calmar Ratio Rank: 43
QRMI Martin Ratio Rank: 50

QQQM

QQQM Risk / Return Rank: 54
QQQM Sharpe Ratio Rank: 53
QQQM Sortino Ratio Rank: 50
QQQM Omega Ratio Rank: 50
QQQM Calmar Ratio Rank: 61
QQQM Martin Ratio Rank: 57

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QRMI vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Risk Managed Income ETF (QRMI) and Invesco NASDAQ 100 ETF (QQQM). 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.

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	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	1.31	1.49	-0.18
Sortino ratio: Return per unit of downside risk	1.77	2.06	-0.29
Omega ratio: Gain probability vs. loss probability	1.25	1.26	-0.01
Calmar ratio: Return relative to maximum drawdown	1.75	2.41	-0.66
Martin ratio: Return relative to average drawdown	6.56	7.64	-1.08

QRMI vs. QQQM - Sharpe Ratio Comparison

The current QRMI Sharpe Ratio is 1.31, which is comparable to the QQQM Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of QRMI and QQQM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QRMI vs. QQQM - Drawdown Comparison

The maximum QRMI drawdown since its inception was -20.95%, smaller than the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for QRMI and QQQM.

Drawdown Indicators

	QRMI	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-20.95%	-35.04%	+14.09%
Max Drawdown (1Y) Largest decline over 1 year	-5.04%	-11.96%	+6.92%
Max Drawdown (3Y) Largest decline over 3 years	-8.43%	-22.70%	+14.27%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.04%	—
Current Drawdown Current decline from peak	-1.43%	-3.76%	+2.33%
Average Drawdown Average peak-to-trough decline	-7.75%	-8.14%	+0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.34%	3.77%	-2.43%

Volatility

QRMI vs. QQQM - Volatility Comparison

The current volatility for Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is 2.93%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 7.41%. This indicates that QRMI experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QRMI	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.93%	7.41%	-4.48%
Volatility (6M) Calculated over the trailing 6-month period	5.74%	16.21%	-10.47%
Volatility (1Y) Calculated over the trailing 1-year period	6.75%	19.42%	-12.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.39%	22.81%	-14.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.39%	22.36%	-13.97%

QRMI vs. QQQM - Expense Ratio Comparison

QRMI has a 0.60% expense ratio, which is higher than QQQM's 0.15% expense ratio.

Dividends

QRMI vs. QQQM - Dividend Comparison

QRMI's dividend yield for the trailing twelve months is around 12.42%, more than QQQM's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
QQQM Invesco NASDAQ 100 ETF	0.44%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%
QRMI Global X NASDAQ 100 Risk Managed Income ETF	12.42%	12.28%	11.80%	12.44%	10.65%	3.36%	0.00%

Frequently Asked Questions

Can I hold both QRMI and QQQM in my portfolio?

QRMI and QQQM have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QRMI or QQQM?

QQQM has higher volatility (7.41%) compared to QRMI (2.93%). In terms of maximum drawdown, QRMI dropped -20.95% vs QQQM's -35.04%.

Which ETF is better, QRMI or QQQM?

On 3-year performance, QQQM leads with 25.27% vs 6.65% for QRMI. On fees, QQQM is cheaper at 0.15% per year. On volatility, QRMI has been the lower-risk option at 2.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QRMI or QQQM?

Over the 3-year period, QQQM has performed better with a 25.27% return vs 6.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QRMI or QQQM?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.60% for QRMI.

Which ETF pays a higher dividend yield, QRMI or QQQM?

QRMI has the higher dividend yield at 12.42%, compared with 0.44% for QQQM.

What is the main difference between QRMI and QQQM?

They also come from different issuers: Global X and Invesco. Their fees differ too: 0.60% for QRMI and 0.15% for QQQM.

Which has better risk-adjusted returns?

QQQM currently has the higher Sharpe Ratio (1.49 vs 1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.