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XRMI vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


XRMIQQQ
YTD Return3.80%4.38%
1Y Return5.22%35.44%
Sharpe Ratio0.862.12
Daily Std Dev5.62%16.27%
Max Drawdown-15.29%-82.98%
Current Drawdown-7.17%-4.36%

Correlation

-0.50.00.51.00.8

The correlation between XRMI and QQQ is 0.75, 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.

Performance

XRMI vs. QQQ - Performance Comparison

In the year-to-date period, XRMI achieves a 3.80% return, which is significantly lower than QQQ's 4.38% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%December2024FebruaryMarchAprilMay
-4.51%
16.70%
XRMI
QQQ

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 S&P 500 Risk Managed Income ETF

Invesco QQQ

XRMI vs. QQQ - Expense Ratio Comparison

XRMI has a 0.60% expense ratio, which is higher than QQQ's 0.20% expense ratio.


XRMI
Global X S&P 500 Risk Managed Income ETF
Expense ratio chart for XRMI: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

XRMI vs. QQQ - Risk-Adjusted Performance 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 (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
Sharpe ratio
The chart of Sharpe ratio for XRMI, currently valued at 0.86, compared to the broader market-1.000.001.002.003.004.005.000.86
Sortino ratio
The chart of Sortino ratio for XRMI, currently valued at 1.21, compared to the broader market-2.000.002.004.006.008.001.21
Omega ratio
The chart of Omega ratio for XRMI, currently valued at 1.16, compared to the broader market0.501.001.502.002.501.16
Calmar ratio
The chart of Calmar ratio for XRMI, currently valued at 0.33, compared to the broader market0.002.004.006.008.0010.0012.000.33
Martin ratio
The chart of Martin ratio for XRMI, currently valued at 1.85, compared to the broader market0.0020.0040.0060.0080.001.85
QQQ
Sharpe ratio
The chart of Sharpe ratio for QQQ, currently valued at 2.12, compared to the broader market-1.000.001.002.003.004.005.002.12
Sortino ratio
The chart of Sortino ratio for QQQ, currently valued at 2.94, compared to the broader market-2.000.002.004.006.008.002.94
Omega ratio
The chart of Omega ratio for QQQ, currently valued at 1.36, compared to the broader market0.501.001.502.002.501.36
Calmar ratio
The chart of Calmar ratio for QQQ, currently valued at 1.65, compared to the broader market0.002.004.006.008.0010.0012.001.65
Martin ratio
The chart of Martin ratio for QQQ, currently valued at 10.42, compared to the broader market0.0020.0040.0060.0080.0010.42

XRMI vs. QQQ - Sharpe Ratio Comparison

The current XRMI Sharpe Ratio is 0.86, which is lower than the QQQ Sharpe Ratio of 2.12. The chart below compares the 12-month rolling Sharpe Ratio of XRMI and QQQ.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50December2024FebruaryMarchAprilMay
0.86
2.12
XRMI
QQQ

Dividends

XRMI vs. QQQ - Dividend Comparison

XRMI's dividend yield for the trailing twelve months is around 12.34%, more than QQQ's 0.62% yield.


TTM20232022202120202019201820172016201520142013
XRMI
Global X S&P 500 Risk Managed Income ETF
12.34%12.62%12.85%2.93%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.62%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.01%

Drawdowns

XRMI vs. QQQ - Drawdown Comparison

The maximum XRMI drawdown since its inception was -15.29%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for XRMI and QQQ. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-7.17%
-4.36%
XRMI
QQQ

Volatility

XRMI vs. QQQ - Volatility Comparison

The current volatility for Global X S&P 500 Risk Managed Income ETF (XRMI) is 2.01%, while Invesco QQQ (QQQ) has a volatility of 5.61%. 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.


1.00%2.00%3.00%4.00%5.00%6.00%December2024FebruaryMarchAprilMay
2.01%
5.61%
XRMI
QQQ