QRMI vs. TYLG
Compare and contrast key facts about Global X NASDAQ 100 Risk Managed Income ETF (QRMI) and Global X Information Technology Covered Call & Growth ETF (TYLG).
QRMI and TYLG 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. TYLG is a passively managed fund by Global X that tracks the performance of the Cboe S&P Technology Select Sector Half BuyWrite Index - Benchmark TR Gross. It was launched on Nov 21, 2022.
Performance
QRMI vs. TYLG - Performance Comparison
Loading graphics...
QRMI vs. TYLG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QRMI Global X NASDAQ 100 Risk Managed Income ETF | -3.23% | 3.76% | 14.72% | 11.73% | -2.90% |
TYLG Global X Information Technology Covered Call & Growth ETF | -3.97% | 16.84% | 20.57% | 41.56% | -3.64% |
Returns By Period
In the year-to-date period, QRMI achieves a -3.23% return, which is significantly higher than TYLG's -3.97% return.
QRMI
- 1D
- 0.82%
- 1M
- -3.01%
- YTD
- -3.23%
- 6M
- 0.78%
- 1Y
- 1.99%
- 3Y*
- 6.13%
- 5Y*
- —
- 10Y*
- —
TYLG
- 1D
- 3.85%
- 1M
- -1.91%
- YTD
- -3.97%
- 6M
- -0.07%
- 1Y
- 23.43%
- 3Y*
- 17.71%
- 5Y*
- —
- 10Y*
- —
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. TYLG - Expense Ratio Comparison
Both QRMI and TYLG have an expense ratio of 0.60%.
Return for Risk
QRMI vs. TYLG — Risk / Return Rank
QRMI
TYLG
QRMI vs. TYLG - 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 Global X Information Technology Covered Call & Growth ETF (TYLG). 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.
| QRMI | TYLG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.26 | 1.00 | -0.75 |
Sortino ratioReturn per unit of downside risk | 0.41 | 1.58 | -1.17 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.24 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 0.41 | 1.66 | -1.25 |
Martin ratioReturn relative to average drawdown | 1.19 | 7.53 | -6.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| QRMI | TYLG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.26 | 1.00 | -0.75 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 1.05 | -0.97 |
Correlation
The correlation between QRMI and TYLG is 0.73, 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.
Dividends
QRMI vs. TYLG - Dividend Comparison
QRMI's dividend yield for the trailing twelve months is around 12.76%, more than TYLG's 9.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
QRMI Global X NASDAQ 100 Risk Managed Income ETF | 12.76% | 12.28% | 11.80% | 12.44% | 10.65% | 3.36% |
TYLG Global X Information Technology Covered Call & Growth ETF | 9.13% | 7.66% | 7.24% | 11.89% | 0.51% | 0.00% |
Drawdowns
QRMI vs. TYLG - Drawdown Comparison
The maximum QRMI drawdown since its inception was -20.95%, smaller than the maximum TYLG drawdown of -24.01%. Use the drawdown chart below to compare losses from any high point for QRMI and TYLG.
Loading graphics...
Drawdown Indicators
| QRMI | TYLG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.95% | -24.01% | +3.06% |
Max Drawdown (1Y)Largest decline over 1 year | -5.04% | -14.26% | +9.22% |
Current DrawdownCurrent decline from peak | -4.26% | -6.63% | +2.37% |
Average DrawdownAverage peak-to-trough decline | -8.25% | -2.84% | -5.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 3.13% | -1.41% |
Volatility
QRMI vs. TYLG - Volatility Comparison
The current volatility for Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is 2.90%, while Global X Information Technology Covered Call & Growth ETF (TYLG) has a volatility of 6.96%. This indicates that QRMI experiences smaller price fluctuations and is considered to be less risky than TYLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| QRMI | TYLG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | 6.96% | -4.06% |
Volatility (6M)Calculated over the trailing 6-month period | 4.87% | 12.91% | -8.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.74% | 23.43% | -15.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.46% | 19.34% | -10.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.46% | 19.34% | -10.88% |