Global X NASDAQ 100 Risk Managed Income ETFGlobal X NASDAQ 100 Risk Managed Income ETFGlobal X NASDAQ 100 Risk Managed Income ETF

Global X NASDAQ 100 Risk Managed Income ETF

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Key stats


Assets under management (AUM)
‪16.89 M‬USD
Fund flows (1Y)
‪1.89 M‬USD
Dividend yield (indicated)
13.02%
Discount/Premium to NAV
−0.07%
Shares outstanding
‪1.07 M‬
Expense ratio
0.61%

About Global X NASDAQ 100 Risk Managed Income ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Inception date
Aug 25, 2021
Structure
Open-Ended Fund
Index tracked
NASDAQ-100 Monthly Net Credit Collar 95-100 Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ISIN
US37960A5039
QRMI holds the constituents of the NASDAQ 100 Index while employing an options collar strategy which involves buying 5% out-of-the-money put options and selling at-the-money covered call options in an amount that corresponds to the value of the portfolio. The funds exchange-traded put option positions are purchased on a monthly basis and will be held until their one-month maturity. At expiration, these options are either exercised or settled in cash. The options collar strategy seeks to generate a net-credit, meaning that the premium received from the sale of the call options will be greater than the premium paid when buying the put options. Investors should note that selling at-the-money call options caps the funds upside potential. In addition, buying and selling shares other than the monthly purchase and expiration dates of the options may result in different returns and buffer protection.

Broaden your horizons with more funds linked to QRMI via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Geography
U.S.
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Retail Trade
Stock breakdown by region
0.7%96%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QRMI trades at 15.79 USD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on QRMI price chart.
QRMI net asset value is 15.80 today — it's risen 0.82% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
QRMI assets under management is ‪16.89 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
QRMI price has fallen by −0.19% over the last month, and its yearly performance shows a −5.68% decrease. See more dynamics on QRMI price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.28% increase in three-month performance and has increased by 6.83% in a year.
QRMI fund flows account for ‪1.89 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QRMI invests in stocks. See more details in our Analysis section.
QRMI expense ratio is 0.61%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, QRMI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, QRMI technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QRMI shows the sell signal. See more of QRMI technicals for a more comprehensive analysis.
Yes, QRMI pays dividends to its holders with the dividend yield of 13.02%.
QRMI trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
QRMI shares are issued by Mirae Asset Global Investments Co., Ltd.
QRMI follows the NASDAQ-100 Monthly Net Credit Collar 95-100 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 25, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.