QRMI vs. QUAL ETF Comparison

Comparison of Global X NASDAQ 100 Risk Managed Income ETF (QRMI) to iShares MSCI USA Quality Factor ETF (QUAL)

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

$17.04

Average Daily Volume

9,204

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$179.21

Average Daily Volume

931,872

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	QRMI	QUAL
30 Days	3.00%	3.47%
60 Days	5.17%	10.52%
90 Days	0.82%	3.68%
12 Months	10.46%	37.76%

31 Overlapping Holdings

Symbol	Grade	Weight in QRMI	Weight in QUAL	Overlap
AAPL	C	8.95%	5.53%	5.53%
ADBE	F	1.54%	1.81%	1.54%
ADP	A	0.75%	1.61%	0.75%
AMAT	C	1.09%	1.42%	1.09%
CDNS	D	0.5%	0.55%	0.5%
COST	C	2.7%	2.5%	2.5%
CSCO	A	1.42%	1.61%	1.42%
CSGP	F	0.2%	0.28%	0.2%
CTAS	C	0.57%	0.57%	0.57%
EA	D	0.26%	0.18%	0.18%
FAST	C	0.27%	0.37%	0.27%
GOOG	B	2.37%	1.48%	1.48%
GOOGL	B	2.46%	1.69%	1.69%
IDXX	D	0.28%	0.36%	0.28%
KLAC	B	0.7%	0.98%	0.7%
LIN	C	1.53%	1.22%	1.22%
LRCX	D	0.7%	0.86%	0.7%
LULU	D	0.2%	0.58%	0.2%
META	A	5.13%	4.2%	4.2%
MNST	D	0.34%	0.21%	0.21%
MSFT	D	8.35%	4.66%	4.66%
NFLX	A	2.08%	1.52%	1.52%
NVDA	B	7.88%	5.94%	5.94%
ODFL	F	0.28%	0.31%	0.28%
PAYX	B	0.32%	0.46%	0.32%
PEP	F	1.56%	1.19%	1.19%
QCOM	D	1.26%	1.23%	1.23%
SMCI	F	0.18%	0.14%	0.14%
SNPS	F	0.53%	0.5%	0.5%
TXN	C	1.25%	1.4%	1.25%
VRTX	D	0.8%	0.62%	0.62%

QRMI Overweight 70 Positions Relative to QUAL

Symbol	Grade	Weight
AVGO	B	5.46%
AMZN	C	5.25%
TSLA	C	3.23%
AMD	C	1.76%
TMUS	A	1.59%
INTU	F	1.19%
ISRG	C	1.15%
AMGN	D	1.13%
CMCSA	B	1.05%
BKNG	B	0.94%
HON	C	0.9%
REGN	D	0.75%
ADI	B	0.75%
PANW	B	0.74%
SBUX	B	0.73%
MELI	D	0.73%
MU	D	0.71%
GILD	A	0.69%
INTC	D	0.68%
MDLZ	D	0.66%
CEG	A	0.55%
PYPL	A	0.53%
ASML	F	0.52%
PDD	B	0.52%
MAR	A	0.46%
CRWD	D	0.45%
ORLY	A	0.44%
CSX	D	0.43%
MRVL	C	0.42%
ROP	D	0.4%
FTNT	A	0.4%
NXPI	F	0.4%
ADSK	B	0.39%
ABNB	D	0.39%
DASH	A	0.37%
AEP	C	0.36%
WDAY	D	0.35%
PCAR	D	0.35%
CPRT	B	0.34%
KDP	C	0.34%
ROST	D	0.34%
TTD	A	0.33%
CHTR	D	0.3%
AZN	D	0.3%
GEHC	C	0.29%
MCHP	F	0.28%
KHC	F	0.28%
EXC	C	0.27%
CCEP	C	0.25%
VRSK	D	0.25%
CTSH	B	0.25%
XEL	C	0.24%
DDOG	B	0.24%
BKR	B	0.24%
FANG	D	0.21%
CDW	D	0.2%
ON	F	0.2%
BIIB	F	0.19%
TTWO	D	0.18%
DXCM	F	0.18%
ANSS	D	0.18%
TEAM	D	0.17%
ZS	F	0.17%
MRNA	F	0.16%
MDB	D	0.14%
GFS	F	0.14%
WBD	F	0.13%
ILMN	B	0.13%
ARM	C	0.12%
DLTR	F	0.1%

QRMI Underweight 92 Positions Relative to QUAL

Symbol	Grade	Weight
LLY	D	-4.04%
MA	A	-4.01%
V	B	-4.01%
UNH	B	-2.77%
JNJ	D	-2.26%
TJX	D	-1.99%
KO	C	-1.67%
ACN	B	-1.66%
NKE	D	-1.64%
COP	D	-1.62%
CAT	A	-1.43%
CMG	C	-1.24%
LMT	A	-1.18%
BLK	A	-0.9%
SLB	D	-0.88%
SRE	C	-0.84%
DHI	C	-0.83%
PLD	D	-0.79%
MMC	D	-0.75%
ANET	A	-0.74%
ITW	C	-0.71%
PEG	A	-0.69%
PSA	C	-0.59%
SHW	C	-0.58%
ZTS	C	-0.57%
NVR	C	-0.56%
MMM	C	-0.54%
MCO	D	-0.54%
ED	C	-0.54%
GWW	B	-0.52%
CME	A	-0.5%
PHM	C	-0.48%
APH	D	-0.46%
DECK	B	-0.45%
TSCO	A	-0.45%
GRMN	D	-0.41%
AFL	A	-0.41%
TPL	A	-0.38%
ATO	A	-0.38%
ULTA	D	-0.35%
WSM	C	-0.34%
APD	C	-0.33%
CBRE	C	-0.33%
BBY	C	-0.32%
MPWR	B	-0.29%
ACGL	A	-0.29%
FERG	F	-0.28%
AMP	A	-0.27%
AVB	C	-0.24%
EW	F	-0.24%
POOL	D	-0.23%
A	B	-0.23%
NTAP	D	-0.22%
VLTO	A	-0.22%
APA	F	-0.21%
ROK	D	-0.21%
MANH	A	-0.2%
EQT	C	-0.19%
TROW	D	-0.18%
RMD	C	-0.18%
EQR	C	-0.18%
HSY	D	-0.17%
VEEV	C	-0.16%
PPG	D	-0.16%
KEYS	B	-0.16%
EME	B	-0.14%
CBOE	B	-0.14%
LPLA	D	-0.13%
EXPD	D	-0.13%
WAT	B	-0.13%
FDS	C	-0.12%
ROL	C	-0.12%
WST	D	-0.12%
GGG	C	-0.11%
OMC	C	-0.11%
MOH	F	-0.11%
ENPH	F	-0.11%
WSO	C	-0.11%
ERIE	A	-0.11%
JKHY	A	-0.1%
AVY	D	-0.09%
PKG	B	-0.09%
AOS	C	-0.08%
UTHR	C	-0.08%
RS	D	-0.08%
MKTX	B	-0.07%
IPG	D	-0.06%
SEIC	B	-0.06%
AFG	A	-0.06%
PAYC	D	-0.06%
SOLV	C	-0.05%
WBA	F	-0.03%