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Upturn AI SWOT - About
Global X NASDAQ 100® Risk Managed Income ETF (QRMI)
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Upturn Advisory Summary
08/14/2025: QRMI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 8.55% | Avg. Invested days 71 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.34 | 52 Weeks Range 14.51 - 16.89 | Updated Date 06/29/2025 |
52 Weeks Range 14.51 - 16.89 | Updated Date 06/29/2025 |
Upturn AI SWOT
Global X NASDAQ 100® Risk Managed Income ETF
ETF Overview
Overview
The Global X NASDAQ 100u00ae Risk Managed Income ETF (QRMI) seeks to generate income while managing risk by investing in the NASDAQ 100 and utilizing a covered call strategy and protective put options.
Reputation and Reliability
Global X is a well-established ETF provider known for its innovative and thematic ETFs.
Management Expertise
Global X has a dedicated team of portfolio managers and analysts experienced in options strategies and income generation.
Investment Objective
Goal
To provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe NASDAQ-100 BuyWrite V2 Index (BXNT).
Investment Approach and Strategy
Strategy: The ETF employs a risk-managed covered call strategy on the NASDAQ 100, aiming to generate income and reduce volatility.
Composition The ETF's holdings consist primarily of equity securities included in the NASDAQ 100 index, complemented by options contracts (covered calls and protective puts).
Market Position
Market Share: QRMI's market share is moderate compared to larger broad-market ETFs, as it focuses on a niche income strategy.
Total Net Assets (AUM): 174710000
Competitors
Key Competitors
- QYLD
- XYLD
- JEPI
Competitive Landscape
The competitive landscape is characterized by various income-generating ETFs, some focusing on different indexes or employing diverse strategies. QRMI's advantage lies in its risk-managed approach within the NASDAQ 100. A disadvantage is the complexity of the options strategy, which might deter some investors.
Financial Performance
Historical Performance: Historical performance varies with market conditions; refer to fund fact sheet for details.
Benchmark Comparison: The ETF aims to track the Cboe NASDAQ-100 BuyWrite V2 Index (BXNT), but it's essential to compare performance directly against it.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
The average trading volume indicates moderate liquidity, generally adequate for typical investors.
Bid-Ask Spread
The bid-ask spread is usually tight, suggesting relatively efficient trading.
Market Dynamics
Market Environment Factors
The ETF is affected by NASDAQ 100 performance, interest rates, and implied volatility in the options market.
Growth Trajectory
Growth depends on investor demand for income-generating strategies and the ETF's ability to manage risk effectively.
Moat and Competitive Advantages
Competitive Edge
QRMI offers a unique blend of NASDAQ 100 exposure with a risk-managed income strategy. By employing covered calls and protective puts, it seeks to generate income and mitigate downside risk. This dual approach can be appealing to investors looking for both income and capital preservation. The ETF's active management further enhances its ability to adapt to changing market conditions. This combination distinguishes it from simpler covered call ETFs.
Risk Analysis
Volatility
Volatility is influenced by the underlying NASDAQ 100 and the options strategy; potential for reduced volatility compared to unhedged NASDAQ 100.
Market Risk
Exposure to NASDAQ 100 market fluctuations and potential for options-related losses are key risks.
Investor Profile
Ideal Investor Profile
The ideal investor is seeking income generation and downside risk management with exposure to the NASDAQ 100.
Market Risk
The ETF is suitable for investors looking for income and downside protection, potentially attractive to long-term investors seeking steady returns.
Summary
Global X NASDAQ 100u00ae Risk Managed Income ETF aims to deliver income while managing risk through a covered call strategy and protective puts on the NASDAQ 100. The ETF's performance depends on the effectiveness of its options strategy and the movement of the underlying index. It is best for investors seeking consistent income and reduced volatility in their NASDAQ 100 exposure. Its expense ratio is competitive, and its unique approach makes it a solid choice for income-seeking investors. Investors should carefully evaluate the strategy and risks before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Global X ETFs website
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor. Past performance is not indicative of future results. Market share values are estimates and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Global X NASDAQ 100® Risk Managed Income ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests at least 80% of its total assets in the securities of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index (underlying index). The underlying index measures the performance of a risk managed income strategy that holds the underlying stocks of the NASDAQ 100® Index and applies an options collar strategy (i.e., a mix of short (sold) call options and long (purchased) put options) on the NASDAQ 100® Index. The fund is non-diversified.
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