QRMI seeks to generate an alternative source of income by selling covered calls.
Risk-Minded Approach
QRMI buys protective puts to mitigate the risks of a major market selloff.
Monthly Distributions
QRMI has made monthly distributions 3 years running.
Key Information
As of May 23 2025
Inception Date
08/25/21
Total Expense Ratio
0.60%
Net Assets
$18.68 million
NAV
$15.83
Fact Sheet
ETF Summary
ETF Objective
The Global X Nasdaq 100 Risk Managed Income ETF (QRMI) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index.
* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
ETF Summary
The Global X Nasdaq 100 Risk Managed Income ETF (QRMI) employs a protective net-credit collar1 strategy for investors seeking the income characteristics of a covered call fund, while mitigating the risks of a major market selloff with a protective put. QRMI seeks to achieve this outcome by owning the stocks in the Nasdaq 100 Index (NDX), while buying 5% out-of-the-money put options2 on NDX and selling at-the-money call options on the same index.
