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QRMI vs. URA
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QRMI vs. URA

Last updated Apr 1, 2026

Compare and contrast key facts about Global X NASDAQ 100 Risk Managed Income ETF (QRMI) and Global X Uranium ETF (URA).

QRMI and URA 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. URA is a passively managed fund by Global X that tracks the performance of the Solactive Global Uranium & Nuclear Components Index. It was launched on Nov 4, 2010.

Performance

QRMI vs. URA - 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 Uranium ETF (URA). The values are adjusted to include any dividend payments, if applicable.

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QRMI vs. URA - Yearly Performance Comparison

2026 (YTD)20252024202320222021
QRMI
Global X NASDAQ 100 Risk Managed Income ETF		-3.23%3.76%14.72%11.73%-18.50%-1.88%
URA
Global X Uranium ETF		13.34%67.18%-0.58%46.25%-11.32%26.72%

Returns By Period

In the year-to-date period, QRMI achieves a -3.23% return, which is significantly lower than URA's 13.34% return.

QRMI

1D
0.82%
1M
-3.01%
YTD
-3.23%
6M
0.78%
1Y
1.99%
3Y*
6.13%
5Y*
—
10Y*
—

URA

1D
6.93%
1M
-10.88%
YTD
13.34%
6M
6.44%
1Y
121.39%
3Y*
40.54%
5Y*
24.65%
10Y*
16.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

Global X NASDAQ 100 Risk Managed Income ETF

Global X Uranium ETF

Often compared with QRMI:
QRMI vs. QYLDQRMI vs. XRMIQRMI vs. QCLRQRMI vs. QQQQRMI vs. QYLGQRMI vs. JEPIQRMI vs. DJIA
Often compared with URA:
URA vs. NLRURA vs. URNMURA vs. NUKZURA vs. CCJURA vs. UUUUURA vs. U-U.TOURA vs. URAN

QRMI vs. URA - Expense Ratio Comparison

QRMI has a 0.60% expense ratio, which is lower than URA's 0.69% expense ratio.

URA
Global X Uranium ETF
QRMI
Global X NASDAQ 100 Risk Managed Income ETF

Return for Risk

QRMI vs. URA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QRMI
QRMI Risk / Return Rank: 1919
Overall Rank
QRMI Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
QRMI Sortino Ratio Rank: 1717
Sortino Ratio Rank
QRMI Omega Ratio Rank: 1818
Omega Ratio Rank
QRMI Calmar Ratio Rank: 2121
Calmar Ratio Rank
QRMI Martin Ratio Rank: 2121
Martin Ratio Rank
URA
URA Risk / Return Rank: 9393
Overall Rank
URA Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
URA Sortino Ratio Rank: 9595
Sortino Ratio Rank
URA Omega Ratio Rank: 9090
Omega Ratio Rank
URA Calmar Ratio Rank: 9696
Calmar Ratio Rank
URA Martin Ratio Rank: 8888
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QRMI vs. URA - 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 Uranium ETF (URA). 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.

QRMIURADifference

Sharpe ratio

Return per unit of total volatility

0.26

2.48

-2.22

Sortino ratio

Return per unit of downside risk

0.41

2.97

-2.56

Omega ratio

Gain probability vs. loss probability

1.06

1.37

-0.31

Calmar ratio

Return relative to maximum drawdown

0.41

4.21

-3.80

Martin ratio

Return relative to average drawdown

1.19

10.13

-8.93

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QRMI vs. URA - Sharpe Ratio Comparison

The current QRMI Sharpe Ratio is 0.26, which is lower than the URA Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of QRMI and URA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

QRMIURADifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.26

2.48

-2.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.58

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.44

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.07

-0.06

+0.13

Correlation

The correlation between QRMI and URA is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

QRMI vs. URA - Dividend Comparison

QRMI's dividend yield for the trailing twelve months is around 12.76%, more than URA's 4.30% yield.

TTM20252024202320222021202020192018201720162015
QRMI
Global X NASDAQ 100 Risk Managed Income ETF		12.76%12.28%11.80%12.44%10.65%3.36%0.00%0.00%0.00%0.00%0.00%0.00%
URA
Global X Uranium ETF		4.30%4.88%2.86%6.07%0.76%5.84%1.69%1.66%0.44%2.03%7.28%1.96%

Drawdowns

QRMI vs. URA - Drawdown Comparison

The maximum QRMI drawdown since its inception was -20.95%, smaller than the maximum URA drawdown of -93.54%. Use the drawdown chart below to compare losses from any high point for QRMI and URA.

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Drawdown Indicators

QRMIURADifference

Max Drawdown

Largest peak-to-trough decline

-20.95%

-93.54%

+72.59%

Max Drawdown (1Y)

Largest decline over 1 year

-5.04%

-28.43%

+23.39%

Max Drawdown (5Y)

Largest decline over 5 years

—

-37.90%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-61.45%

—

Current Drawdown

Current decline from peak

-4.26%

-45.04%

+40.78%

Average Drawdown

Average peak-to-trough decline

-8.25%

-75.40%

+67.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.72%

11.82%

-10.10%

Volatility

QRMI vs. URA - Volatility Comparison

The current volatility for Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is 2.90%, while Global X Uranium ETF (URA) has a volatility of 16.31%. This indicates that QRMI experiences smaller price fluctuations and is considered to be less risky than URA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QRMIURADifference

Volatility (1M)

Calculated over the trailing 1-month period

2.90%

16.31%

-13.41%

Volatility (6M)

Calculated over the trailing 6-month period

4.87%

38.54%

-33.67%

Volatility (1Y)

Calculated over the trailing 1-year period

7.74%

49.21%

-41.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.46%

43.00%

-34.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

8.46%

37.23%

-28.77%