QRMI - ETF AI Analysis
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Global X NASDAQ 100 Risk Managed Income ETF (QRMI)
Rating:76Outperform
Price Target:―
Positive Factors
Leading Tech and Growth Names
The fund’s largest positions include well-known technology and growth companies that have generally shown strong or steady performance, which can support the ETF’s returns.
Broad Sector Mix Within NASDAQ 100
Although technology is the largest slice, the ETF also holds communication services, consumer, health care, and other sectors, which helps spread risk across different parts of the economy.
Focused U.S. Market Exposure
With almost all assets in U.S. companies, the fund gives investors targeted access to the U.S. market, which is home to many of the world’s largest and most established firms.
Negative Factors
Heavy Concentration in a Few Mega-Cap Stocks
A small group of large technology and growth companies makes up a big share of the portfolio, so weakness in these names can significantly drag down the ETF.
Recent Weak Overall Performance
The ETF has delivered negative returns over the year-to-date and recent three-month period, showing that it has struggled in the current market environment.
High Expense Ratio for an ETF
The fund’s management fee is relatively high for an ETF, which means more of the investment return is eaten up by costs over time.
QRMI vs. SPDR S&P 500 ETF (SPY)
AUM15.71M
RegionNorth America
Expense Ratio0.60%
Beta0.34
IssuerGlobal X
Inception DateAug 25, 2021
Dividend Yield12.24%
Asset ClassEquity
Index TrackedNASDAQ-100 Monthly Net Credit Collar 95-100 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume6,228
30 Day Avg. Volume7,926
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
18.86Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering103
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QRMI Summary
QRMI is an ETF that follows the NASDAQ-100 Monthly Net Credit Collar 95-100 Index, focusing on large, well-known U.S. companies, especially in technology. It holds big names like Apple, Microsoft, Nvidia, Amazon, and Tesla, giving investors exposure to many of the most influential growth companies in the market. The fund’s goal is to provide regular income while trying to reduce some of the downside by using options, which may appeal to investors who want income plus stock market exposure. A key risk is that it still holds stocks, so its value can go up and down with the market, especially tech.
How much will it cost me?The Global X NASDAQ 100 Risk Managed Income ETF (QRMI) has an expense ratio of 0.61%, which means you’ll pay $6.10 per year for every $1,000 invested. This is higher than average because the fund is actively managed and uses a sophisticated strategy involving covered call options to balance income generation and risk management.
What would affect this ETF?The QRMI ETF, heavily focused on large-cap technology and communication services companies like Nvidia, Microsoft, and Apple, could benefit from continued innovation and growth in these sectors, as well as favorable economic conditions in the U.S. However, it may face challenges from rising interest rates, regulatory scrutiny on tech giants, or economic slowdowns that impact consumer spending and corporate earnings.
QRMI Top 10 Holdings
QRMI is riding the NASDAQ 100’s tech wave, with chipmakers in the driver’s seat. Micron, AMD, and Intel have been rising sharply, giving the fund a strong tailwind from the semiconductor boom, even as Nvidia’s momentum has cooled a bit. Big Tech mainstays like Apple, Alphabet, and Amazon are more mixed, with some recent softness that’s taken a little shine off returns. The portfolio is heavily tilted toward U.S. technology and communication services, so while it’s diversified across giants, it’s still very much a Silicon Valley–centric story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.59% | $1.20M | $4.71T | 22.22% | 76 Outperform | |
| Apple | 7.29% | $1.15M | $4.53T | 47.93% | 79 Outperform | |
| Micron | 4.89% | $769.72K | $1.10T | 654.20% | 79 Outperform | |
| Microsoft | 4.67% | $735.29K | $2.90T | -22.12% | 79 Outperform | |
| Amazon | 4.20% | $661.76K | $2.61T | 12.14% | 71 Outperform | |
| Advanced Micro Devices | 3.75% | $590.83K | $844.36B | 274.48% | 73 Outperform | |
| Alphabet Class A | 3.37% | $531.23K | $4.34T | 110.50% | 85 Outperform | |
| Tesla | 3.16% | $498.11K | $1.48T | 40.95% | 73 Outperform | |
| Alphabet Class C | 3.13% | $492.60K | $4.34T | 105.51% | 82 Outperform | |
| Meta Platforms | 2.77% | $437.18K | $1.48T | -14.58% | 76 Outperform |
QRMI Technical Analysis
Positive
―
Price Trends
15.36
Positive
15.14
Positive
15.01
Positive
Market Momentum
0.04
Positive
56.95
Neutral
59.14
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QRMI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 15.47, equal to the 50-day MA of 15.36, and equal to the 200-day MA of 15.01, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 56.95 is Neutral, neither overbought nor oversold. The STOCH value of 59.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QRMI.
QRMI Peer Comparison
Comparison Results
Performance Comparison
QRMI
Global X NASDAQ 100 Risk Managed Income ETF
15.56
1.35
9.50%
ACEP
ARS Core Equity Portfolio ETF
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FCUS
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JOYT
JPMorgan Equity and Options Total Return ETF
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EGGQ
NestYield Visionary ETF
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JHDG
John Hancock Hedged Equity ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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