QRMI vs QTR
Global X NASDAQ 100 Risk Managed Income ETF vs Global X NASDAQ 100 Tail Risk ETF
Which is better, QRMI or QTR?
QTR has been ahead.
QTR has a lower expense ratio. QTR led over 1Y, 3Y, 5Y and the full window. QTR is less concentrated, with 46.4% 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 | QRMI | QTR |
|---|---|---|
| Expense Ratio | 0.60% | 0.25%Best |
| AUM | $15M | $10M |
| Dividend Yield | 12.35% | 16.32% |
| Holdings | 107 | 105 |
| YTD Return | +4.65% | +12.97%Best |
| 1Y Return | +8.47% | +14.42%Best |
| 3Y Return (annualized) | +8.12% | +20.02%Best |
| 5Y Return (annualized) | +2.56% | +11.44%Best |
| Volatility (annualized) | 7.7%Best | 18.5% |
| Max Drawdown | -20.9%Best | -31.7% |
| $10,000 over 5 years | $11,347 | $17,187Best |
| Top 10 Weight | 48.7% | 46.4%Best |
| Fund Family | GLOBALXETFS | GLOBALXETFS |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 25, 2021 | 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).
QRMI vs QTR 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.
QRMI vs QTR Performance
Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an ETF from GLOBALXETFS and Global X NASDAQ 100 Tail Risk ETF (QTR) is an ETF from GLOBALXETFS. Over the past year QRMI returned +8.47% while QTR returned +14.42%. Year to date, QRMI is up 4.65% versus a gain of 12.97% for QTR.
Over three years, QRMI compounded at +8.12% per year against +20.02% for QTR; over five years the annualized figures are +2.56% and +11.44% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QTR has been the more volatile fund, with annualized monthly volatility of 18.5% 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 -20.9% for QRMI and -31.7% for QTR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QRMI charges 0.60% per year while QTR charges 0.25%. On a $10,000 position that is $60 vs $25 annually, a gap of $35 per year that compounds over a long holding period. On income, QRMI currently yields 12.35% against 16.32% for QTR.
Holdings Overlap
100.0% of QRMI's money is in holdings QTR also owns. 99.0% of QTR's money is in holdings QRMI also owns.
Most of QRMI is already inside QTR. Owning both mostly buys the same companies twice.
100 positions in common, counted across the 101 positions we hold weights for in QRMI and 101 in QTR, against full books of 107 and 105.
What only one of them owns
Our book lists 0 positions for QTR that do not appear in our book for QRMI (0.0% of the fund), and 1 for QRMI that do not appear in QTR (0.2%).
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 QTR | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.77% | 8.35% | 0.42% |
| AAPLApple, Inc | 7.60% | 7.24% | 0.36% |
| MSFTMicrosoft Corp | 6.00% | 5.71% | 0.29% |
| MUMicron Technology, Inc. | 5.40% | 5.13% | 0.27% |
| AMDAdvanced Micro Devices Inc | 4.37% | 4.16% | 0.21% |
| AMZNAmazon.Com Inc | 4.22% | 4.02% | 0.20% |
| METAMeta Platforms Inc | 3.40% | 3.23% | 0.17% |
| GOOGLAlphabet Inc | 3.13% | 2.98% | 0.15% |
| TSLATesla Inc | 2.93% | 2.79% | 0.14% |
| GOOGAlphabet Inc. C | 2.92% | 2.78% | 0.14% |
100.0% of QRMI is already inside QTR.
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 QTR?
QRMI has an expense ratio of 0.60% while QTR charges 0.25%. QTR is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, QRMI or QTR?
Over the past year QRMI returned +8.47% vs +14.42% for QTR, so QTR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QRMI or QTR?
QTR has been the more volatile fund at 18.5% annualized versus 7.7% for QRMI. Worst drawdown: QRMI -20.9% vs QTR -31.7%.
Should I hold both QRMI and QTR?
QRMI and QTR have a monthly-return correlation of 0.83, 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 QTR?
100.0% of QRMI's money is in holdings QTR also owns. 99.0% of QTR's is in holdings QRMI also owns. They hold 100 positions in common, counted across the 101 positions we hold weights for in QRMI and 101 in QTR.
Which pays a higher dividend, QRMI or QTR?
QRMI yields 12.35% while QTR yields 16.32%, so QTR currently pays the higher dividend yield.
Is QTR better than QRMI?
QTR has a lower expense ratio. QTR led over 1Y, 3Y, 5Y and the full window. QTR is less concentrated, with 46.4% 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.