QRMI vs. NXTI ETF Comparison

Comparison of Global X NASDAQ 100 Risk Managed Income ETF (QRMI) to Simplify Next Intangible Core Index ETF (NXTI)

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

NXTI

Simplify Next Intangible Core Index ETF

NXTI Description

NXTI targets US companies with relatively high intangible capital-to-book assets ratios within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating a ratio of intangible capital-to-book assets for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the highest intangible capital-to-book assets ratio are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Constituents are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$30.42

Average Daily Volume

460

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	QRMI	NXTI
30 Days	1.66%	5.73%
60 Days	2.63%	7.47%
90 Days	3.97%	10.93%
12 Months	11.21%

32 Overlapping Holdings

Symbol	Grade	Weight in QRMI	Weight in NXTI	Overlap
ABNB	C	0.38%	0.58%	0.38%
ADBE	C	1.53%	2.94%	1.53%
ADSK	A	0.45%	0.72%	0.45%
AMAT	F	0.98%	0.74%	0.74%
BKNG	A	1.12%	0.88%	0.88%
BKR	B	0.27%	0.25%	0.25%
CDNS	B	0.56%	0.87%	0.56%
CDW	F	0.16%	0.3%	0.16%
CSCO	B	1.55%	2.73%	1.55%
CTAS	B	0.59%	0.55%	0.55%
CTSH	B	0.26%	0.47%	0.26%
DASH	A	0.44%	0.42%	0.42%
DDOG	A	0.26%	0.54%	0.26%
EA	A	0.28%	0.5%	0.28%
FAST	B	0.31%	0.18%	0.18%
FTNT	C	0.48%	0.77%	0.48%
HON	B	0.98%	0.91%	0.91%
IDXX	F	0.24%	1.04%	0.24%
ILMN	D	0.15%	0.15%	0.15%
INTU	C	1.28%	2.08%	1.28%
LRCX	F	0.62%	0.53%	0.53%
MDB	C	0.15%	0.24%	0.15%
META	D	5.08%	5.28%	5.08%
MNST	C	0.36%	0.22%	0.22%
ORLY	B	0.48%	0.49%	0.48%
PANW	C	0.84%	1.5%	0.84%
PAYX	C	0.34%	0.32%	0.32%
PEP	F	1.47%	1.02%	1.02%
SNPS	B	0.56%	0.95%	0.56%
TEAM	A	0.27%	0.61%	0.27%
WDAY	B	0.39%	0.81%	0.39%
ZS	C	0.21%	0.33%	0.21%

QRMI Overweight 69 Positions Relative to NXTI

Symbol	Grade	Weight
NVDA	C	9.04%
AAPL	C	8.63%
MSFT	F	7.96%
AMZN	C	5.66%
AVGO	D	5.23%
TSLA	B	4.02%
COST	B	2.69%
GOOGL	C	2.64%
GOOG	C	2.54%
NFLX	A	2.31%
TMUS	B	1.83%
AMD	F	1.46%
LIN	D	1.42%
ISRG	A	1.24%
TXN	C	1.22%
QCOM	F	1.16%
CMCSA	B	1.1%
AMGN	D	1.05%
VRTX	F	0.83%
ADP	B	0.81%
GILD	C	0.75%
SBUX	A	0.73%
MU	D	0.72%
INTC	D	0.69%
ADI	D	0.68%
MELI	D	0.63%
PYPL	B	0.58%
KLAC	D	0.58%
MDLZ	F	0.57%
REGN	F	0.56%
CRWD	B	0.54%
MAR	B	0.53%
MRVL	B	0.5%
PDD	F	0.49%
CEG	D	0.47%
CSX	B	0.46%
ASML	F	0.42%
ROP	B	0.41%
PCAR	B	0.39%
NXPI	D	0.38%
CHTR	C	0.38%
TTD	B	0.37%
CPRT	A	0.36%
FANG	D	0.35%
AEP	D	0.32%
ODFL	B	0.32%
ROST	C	0.3%
KDP	D	0.29%
VRSK	A	0.27%
GEHC	F	0.25%
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%
ON	D	0.2%
ANSS	B	0.2%
DXCM	D	0.19%
WBD	C	0.16%
BIIB	F	0.16%
GFS	C	0.15%
MRNA	F	0.11%
ARM	D	0.11%
DLTR	F	0.1%
SMCI	F	0.08%

QRMI Underweight 165 Positions Relative to NXTI

Symbol	Grade	Weight
WMT	A	-5.09%
BRK.A	B	-4.18%
XOM	B	-3.43%
MA	C	-3.02%
NOW	A	-2.29%
IBM	C	-2.28%
UNH	C	-2.16%
HD	A	-1.6%
KO	D	-1.23%
ALNY	D	-1.07%
UBER	D	-1.04%
DELL	C	-1.03%
PLTR	B	-0.99%
SPOT	B	-0.93%
MSI	B	-0.91%
PM	B	-0.9%
NKE	D	-0.82%
UPS	C	-0.79%
AXP	A	-0.77%
BX	A	-0.77%
TGT	F	-0.67%
GEV	B	-0.66%
WMB	A	-0.59%
LOW	D	-0.59%
FICO	B	-0.57%
PGR	A	-0.56%
CL	D	-0.55%
APP	B	-0.54%
TT	A	-0.52%
ITW	B	-0.49%
ALGN	D	-0.47%
MMM	D	-0.47%
INCY	C	-0.46%
D	C	-0.46%
HPQ	B	-0.45%
NTRA	B	-0.45%
FDX	B	-0.44%
SRPT	D	-0.43%
MMC	B	-0.43%
NBIX	C	-0.4%
INSM	C	-0.39%
PH	A	-0.39%
NET	B	-0.38%
KR	B	-0.37%
SHW	A	-0.36%
CI	F	-0.36%
ELV	F	-0.36%
ECL	D	-0.35%
TRGP	B	-0.34%
HUBS	A	-0.34%
MPC	D	-0.33%
EBAY	D	-0.33%
ED	D	-0.32%
PEN	B	-0.32%
VST	B	-0.32%
GDDY	A	-0.31%
KMB	D	-0.31%
GWW	B	-0.31%
CMI	A	-0.3%
HSIC	B	-0.3%
ITCI	C	-0.29%
CVS	D	-0.29%
NTAP	C	-0.29%
PINS	D	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
A	D	-0.26%
STX	D	-0.26%
AJG	B	-0.25%
IT	C	-0.24%
AFL	B	-0.24%
RDDT	B	-0.24%
SNAP	C	-0.23%
VLTO	D	-0.23%
VMC	B	-0.23%
ZBRA	B	-0.23%
NWS	B	-0.22%
AMP	A	-0.22%
TRV	B	-0.22%
IONS	F	-0.22%
NTNX	A	-0.21%
MDGL	B	-0.2%
CYTK	F	-0.2%
BPMC	C	-0.2%
AIG	B	-0.2%
MANH	D	-0.19%
CVNA	B	-0.19%
DT	C	-0.19%
INSP	D	-0.19%
ALL	A	-0.19%
PSTG	D	-0.19%
SMMT	D	-0.19%
TOST	B	-0.19%
BBIO	F	-0.18%
EL	F	-0.18%
PRU	A	-0.18%
DOCU	A	-0.18%
DD	D	-0.18%
MTD	D	-0.18%
BBY	D	-0.18%
FFIV	B	-0.17%
NRG	B	-0.17%
KEYS	A	-0.17%
CACI	D	-0.16%
ULTA	F	-0.16%
OTIS	C	-0.16%
GWRE	A	-0.16%
SYY	B	-0.16%
JNPR	F	-0.16%
GIS	D	-0.16%
HUM	C	-0.15%
RARE	D	-0.15%
CORT	B	-0.15%
HSY	F	-0.15%
ROL	B	-0.15%
BAH	F	-0.15%
CBRE	B	-0.15%
LYV	A	-0.15%
DECK	A	-0.14%
ALKS	B	-0.14%
WAT	B	-0.14%
DUOL	A	-0.14%
WSM	B	-0.14%
EXPE	B	-0.14%
BURL	A	-0.14%
NI	A	-0.14%
AXSM	B	-0.14%
XYL	D	-0.14%
ACGL	D	-0.14%
CNC	D	-0.13%
HIG	B	-0.13%
CLX	B	-0.13%
DOV	A	-0.12%
AVY	D	-0.12%
EXPD	D	-0.12%
K	A	-0.12%
FOLD	F	-0.12%
TER	D	-0.12%
APLS	D	-0.12%
MTCH	D	-0.12%
PPG	F	-0.12%
BRO	B	-0.12%
TW	A	-0.11%
GTLB	B	-0.11%
TGTX	B	-0.11%
IOVA	F	-0.11%
RL	B	-0.11%
TSCO	D	-0.11%
NYT	C	-0.11%
LII	A	-0.11%
PCOR	B	-0.11%
DKNG	B	-0.1%
APPF	B	-0.1%
AMED	F	-0.1%
ACI	C	-0.1%
TXT	D	-0.1%
GPC	D	-0.1%
DNLI	D	-0.1%
APTV	D	-0.1%
CHWY	B	-0.09%
DYN	F	-0.09%
RS	B	-0.09%
WING	D	-0.08%
DLB	B	-0.04%
LNW	D	-0.04%