QRMI - ETF AI Analysis
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Global X NASDAQ 100 Risk Managed Income ETF (QRMI)
Rating:78Outperform
Price Target:―
Positive Factors
Strong Growth Leaders in Top Holdings
Several major positions like Micron, AMD, Apple, Nvidia, Amazon, and Alphabet have shown strong or steady gains, helping support the fund’s income and return potential.
Heavy Exposure to Innovative Tech and Communication Companies
Most of the portfolio is invested in technology and communication services, giving investors access to some of the market’s most innovative and fast-growing businesses.
Focused U.S. Market Exposure
The fund is almost entirely invested in U.S. companies, which can appeal to investors who want concentrated exposure to the U.S. stock market.
Negative Factors
Recent Weak Performance
The ETF has delivered weak returns over the past month, three months, and year to date, which may concern investors looking for near-term growth.
High Concentration in a Few Tech Giants
A large share of the fund is tied up in a small group of big technology names, increasing the risk if any of these companies stumble.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees instead of going to investors.
QRMI vs. SPDR S&P 500 ETF (SPY)
AUM14.77M
RegionNorth America
Expense Ratio0.60%
Beta0.32
IssuerGlobal X
Inception DateAug 25, 2021
Dividend Yield12.45%
Asset ClassEquity
Index TrackedNASDAQ-100 Monthly Net Credit Collar 95-100 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,193
30 Day Avg. Volume7,346
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
19.44Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering102
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. It aims to provide steady income while still giving you exposure to big names like Apple and Nvidia, along with other major tech and consumer brands. Investors might consider QRMI if they want a mix of income and growth potential from leading companies in the NASDAQ 100, with some built-in risk management. However, it is still heavily tilted toward technology stocks and can go up and down with the overall stock market.
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’s story is all about U.S. Big Tech and chips doing the heavy lifting while the fund’s options strategy keeps a lid on wild swings. Nvidia, Microsoft, and Micron are the main engines, with AI and data-center demand giving them plenty of lift. Apple and Amazon look steadier, adding ballast rather than big bursts of momentum. On the flip side, Tesla and some softer semiconductor names have been dragging a bit. With most of its weight in U.S. technology and communication giants, this ETF is firmly hitched to the NASDAQ growth machine.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.96% | $1.32M | $5.55T | 32.19% | 76 Outperform | |
| Apple | 7.81% | $1.15M | $4.67T | 34.93% | 79 Outperform | |
| Microsoft | 6.14% | $906.48K | $3.71T | -0.89% | 79 Outperform | |
| Micron | 4.84% | $713.83K | $1.15T | 673.31% | 79 Outperform | |
| Amazon | 4.52% | $666.41K | $2.79T | 7.86% | 71 Outperform | |
| Advanced Micro Devices | 3.33% | $491.28K | $779.62B | 224.57% | 73 Outperform | |
| Alphabet Class A | 3.23% | $477.07K | $4.12T | 41.20% | 85 Outperform | |
| Tesla | 3.05% | $449.76K | $1.40T | 6.11% | 73 Outperform | |
| Alphabet Class C | 3.00% | $442.50K | $4.12T | 39.75% | 82 Outperform | |
| Meta Platforms | 2.93% | $432.36K | $1.57T | -19.88% | 76 Outperform |
QRMI Technical Analysis
Positive
―
Price Trends
15.09
Positive
15.04
Positive
14.86
Positive
Market Momentum
0.04
Positive
52.73
Neutral
41.18
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 15.17, equal to the 50-day MA of 15.09, and equal to the 200-day MA of 14.86, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 52.73 is Neutral, neither overbought nor oversold. The STOCH value of 41.18 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
15.17
1.07
7.59%
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ALTL
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SPXE
ProShares S&P 500 Ex-Energy ETF
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FCUS
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EGGQ
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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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