QQQ vs XRMI
Invesco QQQ Trust, Series 1 vs Global X S&P 500 Risk Managed Income ETF
Which is better, QQQ or XRMI?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. XRMI is less concentrated, with 38.4% of the fund in its ten largest positions against 46.7%.
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 | QQQ | XRMI |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.60% |
| AUM | $506.1B | $59M |
| Dividend Yield | 0.42% | 12.45% |
| Holdings | 321 | 1,018 |
| YTD Return | +19.30%Best | +6.33% |
| 1Y Return | +22.47%Best | +10.57% |
| 3Y Return (annualized) | +26.18%Best | +8.48% |
| 5Y Return (annualized) | +15.42%Best | +3.04% |
| Volatility (annualized) | 20.8% | 6.6%Best |
| Max Drawdown | -35.1% | -15.3%Best |
| $10,000 over 5 years | $20,484Best | $11,615 |
| Top 10 Weight | 46.7% | 38.4%Best |
| Fund Family | Invesco (US) | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | 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).
QQQ vs XRMI 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.
QQQ vs XRMI Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Global X S&P 500 Risk Managed Income ETF (XRMI) is an ETF from Global X by mirae Asset. Over the past year QQQ returned +22.47% while XRMI returned +10.57%. Year to date, QQQ is up 19.30% versus a gain of 6.33% for XRMI.
Over three years, QQQ compounded at +26.18% per year against +8.48% for XRMI; over five years the annualized figures are +15.42% and +3.04% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 6.6% for XRMI. 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 -35.1% for QQQ and -15.3% for XRMI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while XRMI charges 0.60%. On a $10,000 position that is $18 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 12.45% for XRMI.
Holdings Overlap
88.8% of QQQ's money is in holdings XRMI also owns. 53.1% of XRMI's money is in holdings QQQ also owns.
Most of QQQ is already inside XRMI. Owning both mostly buys the same companies twice.
82 positions in common, counted across the 101 positions we hold weights for in QQQ and 497 in XRMI, against full books of 321 and 1,018.
What only one of them owns
Our book lists 409 positions for XRMI that do not appear in our book for QQQ (46.6% of the fund), and 10 for QQQ that do not appear in XRMI (7.5%).
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 QQQ | Weight in XRMI | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.33% | 8.06% | 0.27% |
| AAPLApple, Inc | 7.35% | 7.44% | 0.09% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.76% | 5.62% | 0.14% |
| AMZNAmazon.Com Inc | 4.07% | 3.83% | 0.24% |
| MUMicron Technology, Inc. | 5.02% | 1.68% | 3.34% |
| GOOGLAlphabet Inc-cl A | 3.05% | 3.03% | 0.02% |
| AMDAdvanced Micro Devices Inc. | 4.17% | 1.27% | 2.90% |
| METAMeta Platform Inc | 3.26% | 2.18% | 1.08% |
| GOOGAlphabet, Inc.- Cl C | 2.85% | 2.42% | 0.43% |
| AVGOBroadcom Inc | 2.53% | 2.62% | 0.09% |
88.8% of QQQ is already inside XRMI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or XRMI?
QQQ has an expense ratio of 0.18% while XRMI charges 0.60%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, QQQ or XRMI?
Over the past year QQQ returned +22.47% vs +10.57% for XRMI, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or XRMI?
QQQ has been the more volatile fund at 20.8% annualized versus 6.6% for XRMI. Worst drawdown: QQQ -35.1% vs XRMI -15.3%.
Should I hold both QQQ and XRMI?
QQQ and XRMI have a monthly-return correlation of 0.76, 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 QQQ and XRMI?
88.8% of QQQ's money is in holdings XRMI also owns. 53.1% of XRMI's is in holdings QQQ also owns. They hold 82 positions in common, counted across the 101 positions we hold weights for in QQQ and 497 in XRMI.
Which pays a higher dividend, QQQ or XRMI?
QQQ yields 0.42% while XRMI yields 12.45%, so XRMI currently pays the higher dividend yield.
Is XRMI better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. XRMI is less concentrated, with 38.4% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.