OGIG vs QRMI
ALPS O'Shares Global Internet Giants ETF vs Global X NASDAQ 100 Risk Managed Income ETF
Which is better, OGIG or QRMI?
Each has led over a different period.
OGIG has a lower expense ratio. OGIG led over 3Y, QRMI over 1Y, 5Y and the full window. OGIG is less concentrated, with 45.0% of the fund in its ten largest positions against 48.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OGIG | QRMI |
|---|---|---|
| Expense Ratio | 0.48%Best | 0.60% |
| AUM | $106M | $15M |
| Dividend Yield | 0.08% | 12.35% |
| Holdings | 55 | 107 |
| YTD Return | -2.92% | +4.65%Best |
| 1Y Return | -10.78% | +8.47%Best |
| 3Y Return (annualized) | +16.94%Best | +8.12% |
| 5Y Return (annualized) | -2.00% | +2.56%Best |
| Volatility (annualized) | 25.2% | 7.7%Best |
| Max Drawdown | -62.8% | -20.9%Best |
| $10,000 over 5 years | $9,039 | $11,347Best |
| Top 10 Weight | 45.0%Best | 48.7% |
| Fund Family | ALPS Advisors | GLOBALXETFS |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 5, 2018 | Aug 25, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Aug 26, 2021 to Oct 14, 2026 (5.1 years).
OGIG vs QRMI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.1 years both funds cover.
OGIG vs QRMI Performance
ALPS O'Shares Global Internet Giants ETF (OGIG) is an ETF from ALPS Advisors and Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an ETF from GLOBALXETFS. Over the past year OGIG returned -10.78% while QRMI returned +8.47%. Year to date, OGIG is down 2.92% versus a gain of 4.65% for QRMI.
Over three years, OGIG compounded at +16.94% per year against +8.12% for QRMI; over five years the annualized figures are -2.00% and +2.56% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OGIG has been the more volatile fund, with annualized monthly volatility of 25.2% compared with 7.7% for QRMI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -62.8% for OGIG and -20.9% for QRMI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OGIG charges 0.48% per year while QRMI charges 0.60%. On a $10,000 position that is $48 vs $60 annually, a gap of $12 per year that compounds over a long holding period. On income, OGIG currently yields 0.08% against 12.35% for QRMI.
Holdings Overlap
55.2% of OGIG's money is in holdings QRMI also owns. 27.4% of QRMI's money is in holdings OGIG also owns.
The two portfolios partly overlap.
21 positions in common, counted across the 51 positions we hold weights for in OGIG and 101 in QRMI, against full books of 55 and 107.
What only one of them owns
Our book lists 76 positions for QRMI that do not appear in our book for OGIG (75.4% of the fund), and 22 for OGIG that do not appear in QRMI (35.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in OGIG | Weight in QRMI | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.05% | 6.00% | 0.05% |
| AMZNAmazon.Com Inc | 5.75% | 4.22% | 1.53% |
| METAMeta Platforms Inc | 6.50% | 3.40% | 3.10% |
| GOOGLAlphabet Inc | 5.94% | 3.13% | 2.81% |
| PLTRPalantir Technologies Inc | 5.05% | 1.90% | 3.15% |
| PANWPalo Alto Networks, Inc | 3.13% | 1.40% | 1.73% |
| CRWDCrowdstrike Holdings Inc | 3.06% | 1.18% | 1.88% |
| SHOP:CAShopify Inc | 2.94% | 0.78% | 2.16% |
| DDOGDatadog Inc | 2.35% | 0.41% | 1.94% |
| NFLXNetflix, Inc. | 1.30% | 1.23% | 0.07% |
55.2% of OGIG is already inside QRMI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, OGIG or QRMI?
OGIG has an expense ratio of 0.48% while QRMI charges 0.60%. OGIG is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, OGIG or QRMI?
Over the past year OGIG returned -10.78% vs +8.47% for QRMI, so QRMI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OGIG or QRMI?
OGIG has been the more volatile fund at 25.2% annualized versus 7.7% for QRMI. Worst drawdown: OGIG -62.8% vs QRMI -20.9%.
Should I hold both OGIG and QRMI?
OGIG and QRMI have a monthly-return correlation of 0.65, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between OGIG and QRMI?
55.2% of OGIG's money is in holdings QRMI also owns. 27.4% of QRMI's is in holdings OGIG also owns. They hold 21 positions in common, counted across the 51 positions we hold weights for in OGIG and 101 in QRMI.
Which pays a higher dividend, OGIG or QRMI?
OGIG yields 0.08% while QRMI yields 12.35%, so QRMI currently pays the higher dividend yield.
Is QRMI better than OGIG?
OGIG has a lower expense ratio. OGIG led over 3Y, QRMI over 1Y, 5Y and the full window. OGIG is less concentrated, with 45.0% of the fund in its ten largest positions against 48.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.