QQQ vs QRMI
QQQ vs QRMI
Invesco QQQ Trust, Series 1 vs Global X NASDAQ 100 Risk Managed Income ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | QRMI | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.60% | |
| AUM | $455.8B | $15M | |
| Dividend Yield | 0.41% | 12.19% | |
| Holdings | 108 | 107 | |
| YTD Return | +18.20% | +2.52% | |
| 1Y Return | +27.63% | +8.30% | |
| 3Y Return (annualized) | +25.54% | +6.74% | |
| 5Y Return (annualized) | +15.12% | +1.74% | |
| Volatility (annualized) | 30.6% | 7.8% | |
| Max Drawdown | -83.0% | -20.9% | |
| Fund Family | Invesco (US) | GLOBALXETFS | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Aug 25, 2021 |
QQQ vs QRMI Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is a ETF from GLOBALXETFS. Over the past year QQQ returned +27.63% while QRMI returned +8.30%. Year to date, QQQ is up 18.20% versus a gain of 2.52% for QRMI.
Over three years, QQQ compounded at +25.54% per year against +6.74% for QRMI; over five years the annualized figures are +15.12% and +1.74% respectively. Across the full 5-year window we track, QQQ has the edge at +13.11% annualized vs +1.74%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 7.8% 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 -83.0% for QQQ and -20.9% for QRMI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while QRMI charges 0.60%. On a $10,000 position that is $18 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 12.19% for QRMI.
Holdings Overlap
QQQ and QRMI share 93 holdings out of 111 unique holdings combined, representing a 86.4% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in QRMI | Difference |
|---|---|---|---|
| NVDA | 7.88% | 8.66% | 0.78% |
| AAPL | 7.46% | 7.34% | 0.12% |
| MSFT | 4.65% | 5.77% | 1.12% |
| AMZN | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
See all 10 holdings QQQ shares with QRMI Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, QQQ or QRMI?
QQQ has an expense ratio of 0.18% while QRMI charges 0.60%. QQQ is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, QQQ or QRMI?
Over the past year QQQ returned +27.63% vs +8.30% for QRMI, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), QQQ annualized +13.11% vs +1.74% for QRMI. Past performance does not guarantee future results.
Which is riskier, QQQ or QRMI?
QQQ has been the more volatile fund at 30.6% annualized versus 7.8% for QRMI. Worst drawdown: QQQ -83.0% vs QRMI -20.9%.
Should I hold both QQQ and QRMI?
QQQ and QRMI have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and QRMI?
QQQ and QRMI share 93 common holdings with a 86.4% weight overlap. Combined, they hold 111 unique securities.
Which pays a higher dividend, QQQ or QRMI?
QQQ yields 0.41% while QRMI yields 12.19%, so QRMI currently pays the higher dividend yield.
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