QRMI
Global X NASDAQ 100 Risk Managed Income ETF
QRMI tracks an index that holds NASDAQ 100 stocks while employing an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 15.9 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | Aug 25, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NVIDIA CORP | 8.6 % |
| APPLE INC | 7.6 % |
| MICROSOFT CORP | 5.6 % |
| MICRON TECHNOLOGY INC | 5.0 % |
| AMAZON.COM INC | 4.8 % |
| ADVANCED MICRO DEVICES | 3.9 % |
| ALPHABET INC. CLASS A | 3.7 % |
| TESLA MOTORS INC | 3.6 % |
| BROADCOM INC. | 3.5 % |
| ALPHABET INC. CLASS C | 3.4 % |
Constituent Breakdown
| Number of holdings | 101 |
| Herfindahl-Hirschman Index | 342 |
| Wgt avg mkt cap (mns) | $1,557,084 |
| Large cap (>$10bn) | 99.5% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 101.1% |
| Emerging mkts. | 0.7% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 95.1 % |
 |
BRITAIN | 1.4 % |
 |
NETHERLANDS | 1.0 % |
 |
IRELAND | 0.8 % |
 |
CANADA | 0.8 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -2.7% | -2.4% | -3.8% | -5.1% | -- | -- | -- | -9.1% |
| Dividend Yield | 5.0% | 12.5% | 12.4% | 12.2% | -- | -- | -- | 10.9% |
| Total Returns | 2.3% | 10.2% | 8.5% | 7.1% | -- | -- | -- | 1.8% | Ann. Volatility | 6.8% | 5.8% | 7.7% | 7.3% | -- | -- | -- | 8.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.38 | 61% |
| MSCI EAFE | 0.23 | 36% |
| MSCI Emg Mkts | 0.18 | 40% |
Liquidity Measures
| Avg. volume (000) | 11 |
| ADV traded (mns) | $0 |
| Turnover | 1.1% |
| Avg. Bid/Ask (% of price) | 0.23% |
Technical Indicators
| 30d moving avg. (EMA) | $15.37 |
| Relative strength (RSI) | 65 |
| MACD/Signal | 0.09/0.09 |
| Bollinger Bands (Upper/Lower) | $15.57/$15.29 |
| Short interest (% of AUM) | 2.1% |
Distributions
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. QRMI |
Expenses vs. QRMI |
ALTAR Score™ vs. QRMI |
|---|---|---|---|---|
| QCLR | Global X NASDAQ 100 Collar 95-110 ETF | 104.7% | -35 bp | +0.1% |
| QYLD | Global X NASDAQ 100 Covered Call ETF | 104.4% | 0 bp | -0.3% |
| QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 102.4% | 0 bp | -0.7% |
| QTR | Global X NASDAQ 100 Tail Risk ETF | 100.1% | -34 bp | -0.6% |
| NUSI | Nationwide Nasdaq-100 Risk-Managed Income ETF | 80.3% | +8 bp | -0.1% |
| JEPQ | J.P. Morgan Nasdaq Equity Premium Income ETF | 73.7% | -25 bp | +0.1% |
| XCLR | Global X S&P 500 Collar 95-110 ETF | 59.1% | -35 bp | +0.7% |
| XRMI | Global X S&P 500 Risk Managed Income ETF | 57.5% | 0 bp | +0.7% |
| XYLD | Global X S&P 500 Covered Call ETF | 57.3% | 0 bp | +0.5% |
| XYLG | Global X S&P 500 Covered Call & Growth ETF | 56.6% | 0 bp | +0.2% |
Risk and Returns: QRMI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
4.2%
ALTAR SCORE™
31st
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. QRMI's ALTAR Score™ is approximately -0.5 standard
deviations above the category average. This places QRMI in the 31st percentile
among funds in the category.
Sell-Side Consensus
$16.76
PRICE TARGET
+7.5%
UPSIDE