QRMI vs QTOP
Global X NASDAQ 100 Risk Managed Income ETF vs iShares Nasdaq Top 30 Stocks ETF
Which is better, QRMI or QTOP?
QTOP has been ahead.
QTOP has a lower expense ratio. QTOP led over 1Y and the full window. QRMI is less concentrated, with 48.7% of the fund in its ten largest positions against 59.3%.
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 | QRMI | QTOP |
|---|---|---|
| Expense Ratio | 0.60% | 0.20%Best |
| AUM | $15M | $362M |
| Dividend Yield | 12.35% | 0.32% |
| Holdings | 107 | 35 |
| YTD Return | +4.65% | +20.85%Best |
| 1Y Return | +8.47% | +24.48%Best |
| 3Y Return (annualized) | +8.12% | - |
| 5Y Return (annualized) | +2.56% | - |
| Volatility (annualized) | 6.3%Best | 20.2% |
| Max Drawdown | -8.4%Best | -23.1% |
| $10,000 over 2 years | $11,404 | $15,750Best |
| Top 10 Weight | 48.7%Best | 59.3% |
| Fund Family | GLOBALXETFS | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 25, 2021 | Oct 24, 2024 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 24, 2024 to Oct 14, 2026 (2 years).
QRMI vs QTOP 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 2 years both funds cover.
QRMI vs QTOP Performance
Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an ETF from GLOBALXETFS and iShares Nasdaq Top 30 Stocks ETF (QTOP) is an ETF from iShares by BlackRock (US). Over the past year QRMI returned +8.47% while QTOP returned +24.48%. Year to date, QRMI is up 4.65% versus a gain of 20.85% for QTOP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QTOP has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 6.3% 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 -8.4% for QRMI and -23.1% for QTOP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QRMI charges 0.60% per year while QTOP charges 0.20%. On a $10,000 position that is $60 vs $20 annually, a gap of $40 per year that compounds over a long holding period. On income, QRMI currently yields 12.35% against 0.32% for QTOP.
Holdings Overlap
79.8% of QRMI's money is in holdings QTOP also owns. 98.7% of QTOP's money is in holdings QRMI also owns.
Most of QTOP is already inside QRMI. Owning both mostly buys the same companies twice.
30 positions in common, counted across the 101 positions we hold weights for in QRMI and 32 in QTOP, against full books of 107 and 35.
What only one of them owns
Our book lists 1 positions for QTOP that do not appear in our book for QRMI (0.1% of the fund), and 65 for QRMI that do not appear in QTOP (22.0%).
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 QRMI | Weight in QTOP | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.77% | 10.82% | 2.05% |
| AAPLApple, Inc | 7.60% | 9.38% | 1.78% |
| MSFTMicrosoft Corp | 6.00% | 7.41% | 1.41% |
| MUMicron Technology, Inc. | 5.40% | 6.65% | 1.25% |
| AMDAdvanced Micro Devices Inc | 4.37% | 5.53% | 1.16% |
| AMZNAmazon.Com Inc | 4.22% | 4.06% | 0.16% |
| METAMeta Platforms Inc | 3.40% | 4.30% | 0.90% |
| GOOGLAlphabet Inc | 3.13% | 3.86% | 0.73% |
| TSLATesla Inc | 2.93% | 3.71% | 0.78% |
| GOOGAlphabet Inc. C | 2.92% | 3.60% | 0.68% |
98.7% of QTOP 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QRMI or QTOP?
QRMI has an expense ratio of 0.60% while QTOP charges 0.20%. QTOP is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, QRMI or QTOP?
Over the past year QRMI returned +8.47% vs +24.48% for QTOP, so QTOP leads on 1-year performance. Over the longest common window we track (2 years), QRMI annualized +6.79% vs +25.50% for QTOP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QRMI or QTOP?
QTOP has been the more volatile fund at 20.2% annualized versus 6.3% for QRMI. Worst drawdown: QRMI -8.4% vs QTOP -23.1%.
Should I hold both QRMI and QTOP?
QRMI and QTOP have a monthly-return correlation of 0.72, 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 QRMI and QTOP?
98.7% of QTOP's money is in holdings QRMI also owns. 98.7% of QTOP's is in holdings QRMI also owns. They hold 30 positions in common, counted across the 101 positions we hold weights for in QRMI and 32 in QTOP.
Which pays a higher dividend, QRMI or QTOP?
QRMI yields 12.35% while QTOP yields 0.32%, so QRMI currently pays the higher dividend yield.
Is QTOP better than QRMI?
QTOP has a lower expense ratio. QTOP led over 1Y and the full window. QRMI is less concentrated, with 48.7% of the fund in its ten largest positions against 59.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.