Data as of Oct 28, 2026.
QQQ vs QRMI: Differences, Returns & Fees
Over the year to Oct 28, 2026, QQQ returned +15.2% to QRMI's +5.3%, and QQQ charges 0.18% to QRMI's 0.60%.
askIQ about this page
askIQ about QQQ and QRMI
Net assets: $483.0bn on Oct 27, 2026 for Invesco QQQ Trust, Series 1, and $15m on Oct 12, 2026 for Global X NASDAQ 100 Risk Managed Income ETF.
Pair scorecard
QQQ costs 0.42 points a year less; their one-year returns differ by 9.9 points; QQQ is far larger, $501.3bn against $15m.
| Measure | QQQ | QRMI |
|---|---|---|
| Return | ||
| Total return, 1 year | +15.2% | +5.3% |
| Price change, 1 year | rose 14.6% | fell 6.7% |
| Latest payout, annualized | 12.0% | |
| Return of capital, issuer estimate | 100% of the Sep 24, 2026 payment | |
| Drawdown | ||
| Below its high | 4.5%, high on Oct 6, 2026 | |
| Benchmark | ||
| What it tracks | Nasdaq-100 Index | Benchmark: Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 0.18% | 0.60% |
| Net assets, as of Oct 12, 2026 | $501.3bn | $15m |
| Holdings | ||
| Holdings in common | 93% | |
| In the S&P 500, by weight | 96% | |
| Top ten holdings, share of the fund | 46.7% | |
Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method
Risk and return
Sep 3, 2021 to Oct 23, 2026 · 268 weekly returnsEach against its own benchmark: QQQ against QQQM, Oct 23, 2020 to Oct 23, 2026; QRMI against QQQ, Sep 3, 2021 to Oct 23, 2026.
QQQ returned more: +90.4% to +8.8%. QRMI swung less: 7.9% to 21.5%. QRMI fell less at its worst: −20.4% to −35.1%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | QQQ | QRMI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +90.4% | +8.8% | QQQ | Price change plus distributions, reinvested. |
| Annualized | +13.3% | +1.7% | QQQ | Total return as a yearly rate. |
| Price return | +84.6% | −39.7% | QQQ | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 21.5% | 7.9% | QRMI | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 14.2% | 5.9% | QRMI | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −35.1% | −20.4% | QRMI | Deepest fall from a high to the low after it. |
| Upside capture | 100.4% | 18.1% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 100.2% | 47.2% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 1.00 | 0.30 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 1.00 | 0.66 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.51 | −0.24 | QQQ | Return above Treasury bills per unit of volatility. |
| Sortino | 0.77 | −0.32 | QQQ | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.145 | −0.063 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.38 | 0.08 | QQQ | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | QQQM | QQQ | The ETF each fund is measured against. | |
| Alpha | −0.1% a year | −5.1% a year | QQQ not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.58 | −2.51 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −0.4% to +0.2% | −9.2% to −1.1% | QQQ includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.10 | −0.81 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 0.4% | 15.8% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 268 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, QQQ and QRMI hold 93% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.
half
93% in common
Only in one fund ↓
Side by side
QQQ and QRMI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.
QQQ and QRMI do different jobs. What does each one do in a portfolio?
- What each follows. QQQ follows Nasdaq-100 Index and QRMI is measured against Nasdaq-100 through QQQ.
- One-year total return. Over 1 year to Oct 28, 2026 QQQ returned +15.2% and QRMI +5.3% with distributions reinvested, a gap of 9.9 points.
- Cost. QQQ charges 0.18% of assets a year and QRMI 0.60%, a gap of 0.42 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
QQQ
QQQ tracks the Nasdaq-100. Over the year to Oct 28, 2026 it returned +15.2% with distributions reinvested, against +15.2% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 103 positions, with the top ten at 46.7%. It sat 4.5% below its high of Oct 6, 2026 on Oct 28, 2026.
QRMI
Over the year to Oct 28, 2026, QRMI paid 11.6% of its starting value in cash distributions while its price fell 6.7%. With every distribution reinvested, the fund returned +5.3%. Nasdaq-100 (QQQ) returned +15.2% over the same days, so a holder was behind by 9.9 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 12.0%, paid monthly. Global X estimates that 100% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
- Are QQQ and QRMI in the same category?
- QQQ is a stock ETF and QRMI is an option-income ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, QQQ or QRMI?
- In the year to Oct 28, 2026, with distributions reinvested, QQQ returned +15.2% and QRMI +5.3%.
- Which is cheaper, QQQ or QRMI?
- QQQ is cheaper, by 0.42 percentage points a year. That is about $42 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, QQQ against QRMI, data as of Oct 28, 2026. https://etfiq.com/compare/any/qqq-vs-qrmi
ETFIQ. (Oct 28, 2026). QQQ against QRMI. Retrieved from https://etfiq.com/compare/any/qqq-vs-qrmi
[QQQ against QRMI (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/qqq-vs-qrmi)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.