QQQM vs QRMI
Invesco NASDAQ 100 ETF vs Global X NASDAQ 100 Risk Managed Income ETF
Which is better, QQQM or QRMI?
QQQM has been ahead.
QQQM has a lower expense ratio. QQQM led over 1Y, 3Y, 5Y and the full window. QQQM is less concentrated, with 46.8% 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 | QQQM | QRMI |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.60% |
| AUM | $111.6B | $15M |
| Dividend Yield | 0.43% | 12.35% |
| Holdings | 327 | 107 |
| YTD Return | +19.32%Best | +4.65% |
| 1Y Return | +22.49%Best | +8.47% |
| 3Y Return (annualized) | +26.25%Best | +8.12% |
| 5Y Return (annualized) | +15.50%Best | +2.56% |
| Volatility (annualized) | 20.8% | 7.7%Best |
| Max Drawdown | -35.0% | -20.9%Best |
| $10,000 over 5 years | $20,555Best | $11,347 |
| Top 10 Weight | 46.8%Best | 48.7% |
| Fund Family | Invesco (US) | GLOBALXETFS |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 13, 2020 | 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).
QQQM 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.
QQQM vs QRMI Performance
Invesco NASDAQ 100 ETF (QQQM) is an ETF from Invesco (US) and Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an ETF from GLOBALXETFS. Over the past year QQQM returned +22.49% while QRMI returned +8.47%. Year to date, QQQM is up 19.32% versus a gain of 4.65% for QRMI.
Over three years, QQQM compounded at +26.25% per year against +8.12% for QRMI; over five years the annualized figures are +15.50% and +2.56% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQM has been the more volatile fund, with annualized monthly volatility of 20.8% 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 -35.0% for QQQM 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQM charges 0.15% per year while QRMI charges 0.60%. On a $10,000 position that is $15 vs $60 annually, a gap of $45 per year that compounds over a long holding period. On income, QQQM currently yields 0.43% against 12.35% for QRMI.
Holdings Overlap
98.6% of QQQM's money is in holdings QRMI also owns. 100.0% of QRMI's money is in holdings QQQM also owns.
Most of QRMI is already inside QQQM. Owning both mostly buys the same companies twice.
99 positions in common, counted across the 102 positions we hold weights for in QQQM and 101 in QRMI, against full books of 327 and 107.
What only one of them owns
Our book lists 1 positions for QRMI that do not appear in our book for QQQM (1.1% of the fund), and 3 for QQQM that do not appear in QRMI (1.4%).
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 QQQM | Weight in QRMI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 8.77% | 0.33% |
| AAPLApple, Inc | 7.29% | 7.60% | 0.31% |
| MSFTMicrosoft Corp | 5.75% | 6.00% | 0.25% |
| MUMicron Technology, Inc. | 5.02% | 5.40% | 0.38% |
| AMDAdvanced Micro Devices Inc | 4.28% | 4.37% | 0.09% |
| AMZNAmazon.Com Inc | 4.06% | 4.22% | 0.16% |
| METAMeta Platforms Inc | 3.24% | 3.40% | 0.16% |
| GOOGLAlphabet Inc | 3.02% | 3.13% | 0.11% |
| TSLATesla Inc | 2.91% | 2.93% | 0.02% |
| GOOGAlphabet Inc. C | 2.82% | 2.92% | 0.10% |
100.0% of QRMI is already inside QQQM.
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, QQQM or QRMI?
QQQM has an expense ratio of 0.15% while QRMI charges 0.60%. QQQM is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, QQQM or QRMI?
Over the past year QQQM returned +22.49% vs +8.47% for QRMI, so QQQM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQM or QRMI?
QQQM has been the more volatile fund at 20.8% annualized versus 7.7% for QRMI. Worst drawdown: QQQM -35.0% vs QRMI -20.9%.
Should I hold both QQQM and QRMI?
QQQM and QRMI have a monthly-return correlation of 0.84, 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 QQQM and QRMI?
100.0% of QRMI's money is in holdings QQQM also owns. 100.0% of QRMI's is in holdings QQQM also owns. They hold 99 positions in common, counted across the 102 positions we hold weights for in QQQM and 101 in QRMI.
Which pays a higher dividend, QQQM or QRMI?
QQQM yields 0.43% while QRMI yields 12.35%, so QRMI currently pays the higher dividend yield.
Is QRMI better than QQQM?
QQQM has a lower expense ratio. QQQM led over 1Y, 3Y, 5Y and the full window. QQQM is less concentrated, with 46.8% 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.