XRMI vs. QQQ
Compare and contrast key facts about Global X S&P 500 Risk Managed Income ETF (XRMI) and Invesco QQQ ETF (QQQ).
XRMI and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XRMI is a passively managed fund by Global X that tracks the performance of the Cboe S&P 500 Risk Managed Income Index. It was launched on Aug 25, 2021. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both XRMI and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
XRMI vs. QQQ - Performance Comparison
Loading graphics...
XRMI vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XRMI Global X S&P 500 Risk Managed Income ETF | -2.13% | 4.60% | 15.18% | 4.22% | -14.06% | 2.68% |
QQQ Invesco QQQ ETF | -4.76% | 20.77% | 25.58% | 54.86% | -32.58% | 7.08% |
Returns By Period
In the year-to-date period, XRMI achieves a -2.13% return, which is significantly higher than QQQ's -4.76% return.
XRMI
- 1D
- 0.41%
- 1M
- -3.63%
- YTD
- -2.13%
- 6M
- 1.59%
- 1Y
- 4.23%
- 3Y*
- 6.19%
- 5Y*
- —
- 10Y*
- —
QQQ
- 1D
- 1.24%
- 1M
- -3.79%
- YTD
- -4.76%
- 6M
- -2.89%
- 1Y
- 24.21%
- 3Y*
- 22.83%
- 5Y*
- 13.16%
- 10Y*
- 18.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XRMI vs. QQQ - Expense Ratio Comparison
XRMI has a 0.60% expense ratio, which is higher than QQQ's 0.18% expense ratio.
Return for Risk
XRMI vs. QQQ — Risk / Return Rank
XRMI
QQQ
XRMI vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Risk Managed Income ETF (XRMI) and Invesco QQQ ETF (QQQ). 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.
| XRMI | QQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.62 | 1.07 | -0.45 |
Sortino ratioReturn per unit of downside risk | 0.89 | 1.66 | -0.77 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.24 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.80 | 2.00 | -1.20 |
Martin ratioReturn relative to average drawdown | 2.72 | 7.32 | -4.60 |
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
| XRMI | QQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 1.07 | -0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.59 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.86 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.38 | -0.12 |
Correlation
The correlation between XRMI and QQQ is 0.71, 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
XRMI vs. QQQ - Dividend Comparison
XRMI's dividend yield for the trailing twelve months is around 12.78%, more than QQQ's 0.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XRMI Global X S&P 500 Risk Managed Income ETF | 12.78% | 12.35% | 11.86% | 12.62% | 12.84% | 2.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ ETF | 0.48% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
Drawdowns
XRMI vs. QQQ - Drawdown Comparison
The maximum XRMI drawdown since its inception was -15.31%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for XRMI and QQQ.
Loading graphics...
Drawdown Indicators
| XRMI | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.31% | -82.97% | +67.66% |
Max Drawdown (1Y)Largest decline over 1 year | -5.02% | -12.62% | +7.60% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -3.86% | -7.86% | +4.00% |
Average DrawdownAverage peak-to-trough decline | -6.10% | -32.99% | +26.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | 3.44% | -1.97% |
Volatility
XRMI vs. QQQ - Volatility Comparison
The current volatility for Global X S&P 500 Risk Managed Income ETF (XRMI) is 2.68%, while Invesco QQQ ETF (QQQ) has a volatility of 6.61%. This indicates that XRMI experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| XRMI | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.68% | 6.61% | -3.93% |
Volatility (6M)Calculated over the trailing 6-month period | 4.51% | 12.82% | -8.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.88% | 22.70% | -15.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.99% | 22.38% | -15.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.99% | 22.25% | -15.26% |