QRMI vs VOO
Global X NASDAQ 100 Risk Managed Income ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | QRMI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.03% | |
| AUM | $15M | $997.4B | |
| Dividend Yield | 12.58% | 1.08% | |
| Holdings | 109 | 509 | |
| YTD Return | +2.50% | +12.68% | |
| 1Y Return | +9.38% | +21.87% | |
| 3Y Return (annualized) | +7.66% | +22.06% | |
| 5Y Return (annualized) | +1.72% | +12.95% | |
| Volatility (annualized) | 7.7% | 14.1% | |
| Max Drawdown | -20.9% | -34.3% | |
| Fund Family | GLOBALXETFS | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Aug 25, 2021 | Sep 7, 2010 |
QRMI vs VOO Performance
Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is a ETF from GLOBALXETFS and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QRMI returned +9.38% while VOO returned +21.87%. Year to date, QRMI is up 2.50% versus a gain of 12.68% for VOO.
Over three years, QRMI compounded at +7.66% per year against +22.06% for VOO; over five years the annualized figures are +1.72% and +12.95% respectively. Across the full 5-year window we track, VOO has the edge at +13.47% annualized vs +1.72%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% 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 -34.3% for VOO. 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QRMI charges 0.60% per year while VOO charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, QRMI currently yields 12.58% against 1.08% for VOO.
Holdings Overlap
QRMI and VOO share 88 holdings out of 520 unique holdings combined, representing a 54.5% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, QRMI or VOO?
QRMI has an expense ratio of 0.60% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, QRMI or VOO?
Over the past year QRMI returned +9.38% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (5 years), QRMI annualized +1.72% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, QRMI or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 7.7% for QRMI. Worst drawdown: QRMI -20.9% vs VOO -34.3%.
Should I hold both QRMI and VOO?
QRMI and VOO have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QRMI and VOO?
QRMI and VOO share 88 common holdings with a 54.5% weight overlap. Combined, they hold 520 unique securities.
Which pays a higher dividend, QRMI or VOO?
QRMI yields 12.58% while VOO yields 1.08%, so QRMI currently pays the higher dividend yield.
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