QRMI vs. FELC ETF Comparison

Comparison of Global X NASDAQ 100 Risk Managed Income ETF (QRMI) to Fidelity Enhanced Large Cap Core ETF (FELC)

QRMI

Global X NASDAQ 100 Risk Managed Income ETF

QRMI Description

Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$17.00

Average Daily Volume

8,933

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FELC

Fidelity Enhanced Large Cap Core ETF

FELC Description

The fund will normally invest at least 80% of assets in common stocks included in the S&P 500® Index, which is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$33.43

Average Daily Volume

581,796

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	QRMI	FELC
30 Days	1.66%	3.27%
60 Days	2.63%	5.09%
90 Days	3.97%	6.09%
12 Months	11.21%	33.74%

37 Overlapping Holdings

Symbol	Grade	Weight in QRMI	Weight in FELC	Overlap
AAPL	C	8.63%	7.38%	7.38%
ADBE	C	1.53%	0.94%	0.94%
ADP	B	0.81%	0.2%	0.2%
AMAT	F	0.98%	0.68%	0.68%
AMGN	D	1.05%	0.33%	0.33%
AMZN	C	5.66%	3.93%	3.93%
AVGO	D	5.23%	1.72%	1.72%
BIIB	F	0.16%	0.1%	0.1%
BKNG	A	1.12%	0.13%	0.13%
CMCSA	B	1.1%	0.86%	0.86%
COST	B	2.69%	0.31%	0.31%
CSCO	B	1.55%	0.66%	0.66%
CSX	B	0.46%	0.54%	0.46%
CTAS	B	0.59%	0.69%	0.59%
DASH	A	0.44%	0.18%	0.18%
FTNT	C	0.48%	0.15%	0.15%
GEHC	F	0.25%	0.04%	0.04%
GILD	C	0.75%	0.74%	0.74%
GOOG	C	2.54%	1.9%	1.9%
GOOGL	C	2.64%	2.05%	2.05%
IDXX	F	0.24%	0.22%	0.22%
KLAC	D	0.58%	0.63%	0.58%
LRCX	F	0.62%	0.44%	0.44%
META	D	5.08%	2.89%	2.89%
MSFT	F	7.96%	5.68%	5.68%
MU	D	0.72%	0.66%	0.66%
NFLX	A	2.31%	1.3%	1.3%
NVDA	C	9.04%	7.39%	7.39%
PCAR	B	0.39%	0.52%	0.39%
PEP	F	1.47%	0.05%	0.05%
PYPL	B	0.58%	0.34%	0.34%
QCOM	F	1.16%	0.88%	0.88%
ROST	C	0.3%	0.04%	0.04%
TMUS	B	1.83%	0.31%	0.31%
TSLA	B	4.02%	1.31%	1.31%
WBD	C	0.16%	0.01%	0.01%
WDAY	B	0.39%	0.16%	0.16%

QRMI Overweight 64 Positions Relative to FELC

Symbol	Grade	Weight
AMD	F	1.46%
LIN	D	1.42%
INTU	C	1.28%
ISRG	A	1.24%
TXN	C	1.22%
HON	B	0.98%
PANW	C	0.84%
VRTX	F	0.83%
SBUX	A	0.73%
INTC	D	0.69%
ADI	D	0.68%
MELI	D	0.63%
MDLZ	F	0.57%
CDNS	B	0.56%
SNPS	B	0.56%
REGN	F	0.56%
CRWD	B	0.54%
MAR	B	0.53%
MRVL	B	0.5%
PDD	F	0.49%
ORLY	B	0.48%
CEG	D	0.47%
ADSK	A	0.45%
ASML	F	0.42%
ROP	B	0.41%
NXPI	D	0.38%
ABNB	C	0.38%
CHTR	C	0.38%
TTD	B	0.37%
MNST	C	0.36%
CPRT	A	0.36%
FANG	D	0.35%
PAYX	C	0.34%
AEP	D	0.32%
ODFL	B	0.32%
FAST	B	0.31%
KDP	D	0.29%
EA	A	0.28%
TEAM	A	0.27%
VRSK	A	0.27%
BKR	B	0.27%
DDOG	A	0.26%
CTSH	B	0.26%
KHC	F	0.25%
LULU	C	0.25%
AZN	D	0.24%
EXC	C	0.24%
XEL	A	0.24%
MCHP	D	0.23%
CCEP	C	0.23%
CSGP	D	0.21%
TTWO	A	0.21%
ZS	C	0.21%
ON	D	0.2%
ANSS	B	0.2%
DXCM	D	0.19%
CDW	F	0.16%
MDB	C	0.15%
GFS	C	0.15%
ILMN	D	0.15%
MRNA	F	0.11%
ARM	D	0.11%
DLTR	F	0.1%
SMCI	F	0.08%

QRMI Underweight 133 Positions Relative to FELC

Symbol	Grade	Weight
BRK.A	B	-2.25%
JPM	A	-1.94%
XOM	B	-1.56%
MA	C	-1.36%
HD	A	-1.29%
BAC	A	-1.2%
CRM	B	-1.15%
WMT	A	-1.14%
ABBV	D	-1.02%
MRK	F	-0.99%
PM	B	-0.94%
NEE	D	-0.84%
V	A	-0.82%
SCHW	B	-0.8%
UNP	C	-0.76%
LLY	F	-0.76%
BMY	B	-0.75%
JNJ	D	-0.74%
PGR	A	-0.74%
T	A	-0.73%
PG	A	-0.72%
LMT	D	-0.71%
RTX	C	-0.7%
DIS	B	-0.65%
ECL	D	-0.63%
CI	F	-0.63%
BDX	F	-0.62%
NOC	D	-0.6%
TJX	A	-0.59%
SPG	B	-0.59%
SQ	B	-0.58%
UNH	C	-0.57%
CAT	B	-0.57%
ABT	B	-0.56%
CVNA	B	-0.55%
NOW	A	-0.55%
EOG	A	-0.54%
DVN	F	-0.53%
TXT	D	-0.52%
DBX	B	-0.52%
TT	A	-0.52%
ZM	B	-0.51%
MSI	B	-0.5%
CME	A	-0.5%
CL	D	-0.47%
IGT	F	-0.46%
EXEL	B	-0.45%
TRV	B	-0.43%
ANF	C	-0.42%
PFE	D	-0.42%
CACI	D	-0.4%
GE	D	-0.39%
SSNC	B	-0.38%
NSC	B	-0.38%
TDC	D	-0.37%
AON	A	-0.35%
CMG	B	-0.35%
MSCI	C	-0.33%
TMO	F	-0.33%
ALLE	D	-0.33%
WM	A	-0.32%
SPGI	C	-0.31%
MS	A	-0.31%
CAH	B	-0.31%
AXP	A	-0.31%
TROW	B	-0.31%
PPG	F	-0.3%
SEIC	B	-0.3%
MGM	D	-0.3%
MMC	B	-0.29%
INCY	C	-0.28%
CCL	B	-0.26%
CVS	D	-0.25%
LDOS	C	-0.24%
AMT	D	-0.24%
RSG	A	-0.24%
SKYW	B	-0.23%
GAP	C	-0.22%
GRMN	B	-0.22%
LHX	C	-0.21%
LYFT	C	-0.21%
GL	B	-0.21%
MEDP	D	-0.21%
ALRM	C	-0.2%
NUE	C	-0.2%
OXY	D	-0.19%
GS	A	-0.15%
ED	D	-0.15%
UBER	D	-0.14%
WTW	B	-0.14%
MMM	D	-0.13%
TWLO	A	-0.13%
UNM	A	-0.12%
PNC	B	-0.12%
VST	B	-0.12%
QRVO	F	-0.12%
NBIX	C	-0.11%
NRG	B	-0.11%
CLX	B	-0.11%
ANET	C	-0.11%
BK	A	-0.11%
F	C	-0.11%
BLD	D	-0.11%
LNW	D	-0.11%
BBWI	D	-0.11%
PEGA	A	-0.1%
WFC	A	-0.1%
HWM	A	-0.1%
PSA	D	-0.09%
SOLV	C	-0.09%
VEEV	C	-0.08%
MKL	A	-0.08%
FR	C	-0.08%
ZBRA	B	-0.06%
MCK	B	-0.06%
DHI	D	-0.06%
STLD	B	-0.06%
VZ	C	-0.06%
ORCL	B	-0.05%
AXTA	A	-0.05%
SCCO	F	-0.05%
PLTK	B	-0.04%
SYK	C	-0.03%
KR	B	-0.03%
SWKS	F	-0.03%
A	D	-0.03%
CRUS	D	-0.03%
LPLA	A	-0.03%
GPN	B	-0.02%
C	A	-0.02%
DOCU	A	-0.02%
AES	F	-0.01%
CVX	A	-0.01%