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

Correlation

The correlation between QRMI and QYLD is 0.74, 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. QYLD - 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 NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
-1.88%
12.21%
QRMI
QYLD

Key characteristics

Sharpe Ratio

QRMI:

0.89

QYLD:

0.32

Sortino Ratio

QRMI:

1.37

QYLD:

0.60

Omega Ratio

QRMI:

1.20

QYLD:

1.10

Calmar Ratio

QRMI:

0.85

QYLD:

0.32

Martin Ratio

QRMI:

3.54

QYLD:

1.33

Ulcer Index

QRMI:

2.29%

QYLD:

4.59%

Daily Std Dev

QRMI:

9.15%

QYLD:

19.11%

Max Drawdown

QRMI:

-20.94%

QYLD:

-24.75%

Current Drawdown

QRMI:

-7.08%

QYLD:

-11.29%

Returns By Period

In the year-to-date period, QRMI achieves a -4.30% return, which is significantly higher than QYLD's -7.28% return.


QRMI

YTD

-4.30%

1M

-3.95%

6M

0.40%

1Y

7.47%

5Y*

N/A

10Y*

N/A

QYLD

YTD

-7.28%

1M

-2.68%

6M

-4.25%

1Y

6.25%

5Y*

8.71%

10Y*

7.51%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


QRMI vs. QYLD - Expense Ratio Comparison

Both QRMI and QYLD 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 QYLD: 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%
QYLD: 0.60%

Risk-Adjusted Performance

QRMI vs. QYLD — 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 7979
Overall Rank
The Sharpe Ratio Rank of QRMI is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of QRMI is 7878
Sortino Ratio Rank
The Omega Ratio Rank of QRMI is 8080
Omega Ratio Rank
The Calmar Ratio Rank of QRMI is 8080
Calmar Ratio Rank
The Martin Ratio Rank of QRMI is 7878
Martin Ratio Rank

QYLD
The Risk-Adjusted Performance Rank of QYLD is 4646
Overall Rank
The Sharpe Ratio Rank of QYLD is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of QYLD is 4444
Sortino Ratio Rank
The Omega Ratio Rank of QYLD is 5252
Omega Ratio Rank
The Calmar Ratio Rank of QYLD is 4747
Calmar Ratio Rank
The Martin Ratio Rank of QYLD is 4747
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. QYLD - 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 Covered Call ETF (QYLD). 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 0.85, compared to the broader market-1.000.001.002.003.004.00
QRMI: 0.85
QYLD: 0.32
The chart of Sortino ratio for QRMI, currently valued at 1.32, compared to the broader market-2.000.002.004.006.008.00
QRMI: 1.32
QYLD: 0.60
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
QYLD: 1.10
The chart of Calmar ratio for QRMI, currently valued at 0.82, compared to the broader market0.002.004.006.008.0010.0012.00
QRMI: 0.82
QYLD: 0.32
The chart of Martin ratio for QRMI, currently valued at 3.32, compared to the broader market0.0020.0040.0060.00
QRMI: 3.32
QYLD: 1.33

The current QRMI Sharpe Ratio is 0.89, which is higher than the QYLD Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of QRMI and QYLD, 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
0.85
0.32
QRMI
QYLD

Dividends

QRMI vs. QYLD - Dividend Comparison

QRMI's dividend yield for the trailing twelve months is around 12.80%, less than QYLD's 13.87% yield.


TTM20242023202220212020201920182017201620152014
QRMI
Global X NASDAQ 100 Risk Managed Income ETF
12.80%11.81%12.45%10.66%3.36%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QYLD
Global X NASDAQ 100 Covered Call ETF
13.87%12.50%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%10.74%

Drawdowns

QRMI vs. QYLD - Drawdown Comparison

The maximum QRMI drawdown since its inception was -20.94%, smaller than the maximum QYLD drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for QRMI and QYLD. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-7.08%
-11.29%
QRMI
QYLD

Volatility

QRMI vs. QYLD - Volatility Comparison

The current volatility for Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is 5.34%, while Global X NASDAQ 100 Covered Call ETF (QYLD) has a volatility of 14.23%. This indicates that QRMI experiences smaller price fluctuations and is considered to be less risky than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
5.34%
14.23%
QRMI
QYLD