QRMI: GLOBAL X NASDAQ 100 RISK MANAGED INCOME ETF
ETF Education Report: GLOBAL X NASDAQ 100 RISK MANAGED INCOME ETF (QRMI)
What this ETF is trying to do
The GLOBAL X NASDAQ 100 RISK MANAGED INCOME ETF (QRMI) is an exchange-traded fund designed to provide income. It holds a variety of companies, including many large technology names. Because the holdings list provided is partial, we can only see some of the 106 total companies held in this fund.
Top Holdings
As of October 4, 2026, some of the largest companies in this portfolio include:
• NVIDIA CORP (8.61%)
• APPLE INC (7.74%)
• MICROSOFT CORP (5.77%)
• MICRON TECHNOLOGY INC (5.34%)
• ADVANCED MICRO DEVICES INC (4.38%)
• AMAZON.COM INC (4.29%)
• META PLATFORMS INC CLASS A (3.42%)
• ALPHABET INC CLASS A (3.21%)
• TESLA INC (3.10%)
• ALPHABET INC CLASS C (2.99%)
What the numbers show
It is important to understand that "price return" and "total return" tell different stories. Price return only tracks how the share price moves. Total return includes both the share price movement and the cash distributions paid out to investors.
• Year-to-Date (YTD): The price return is approximately -4.71%, but the total return is 4.32%.
• One-Year: The price return is approximately -3.20%, while the total return is 9.21%.
• Three-Year: The price return is approximately -10.60%, but the total return is 28.36%.
An estimated price from roughly one year ago was $15.77, and the current price is $15.26.
Income and distribution explanation
This ETF has a high distribution yield of approximately 12.33%. This means the fund pays out a significant amount of cash relative to its price. These distributions usually happen monthly, with 12 payments recorded over the last year. While high yields provide cash income, they do not guarantee that your original investment will stay the same value.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the fund's underlying assets). While a falling share price can sometimes look like erosion, they are not the same thing. For this ETF, the erosion-risk score is 94, which is labeled as "Stable / sideways" with a "good" severity rating. There is no severe erosion-risk flag for this fund.
Pros
• The fund has provided positive total returns over the last year and three years, even though the share price itself declined during those times.
• It offers a high distribution yield for investors seeking regular cash payments.
Cons
• The share price has experienced declines (price deterioration) over the one-year and three-year periods.
• High distribution yields can sometimes be misleading if the share price is also falling.
Beginner takeaway
When looking at QRMI, it is helpful to distinguish between the share price and the total return. While the price of a single share has gone down recently, the total return (which includes the cash paid out to you) has been positive over the last three years. Always remember that a high yield is not the same as a total profit.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 8.77% |
| 2 | APPLE INC | AAPL | 7.60% |
| 3 | MICROSOFT CORP | MSFT | 6.00% |
| 4 | MICRON TECHNOLOGY INC | MU | 5.40% |
| 5 | ADVANCED MICRO DEVICES INC | AMD | 4.37% |
| 6 | AMAZON.COM INC | AMZN | 4.22% |
| 7 | META PLATFORMS INC CLASS A | META | 3.40% |
| 8 | ALPHABET INC CLASS A | GOOGL | 3.13% |
| 9 | TESLA INC | TSLA | 2.93% |
| 10 | ALPHABET INC CLASS C | GOOG | 2.92% |