Which paid more, FTQI or QRMI?

Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting price in cash and QRMI paid 11.6%, so FTQI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, FTQI or QRMI?

With every distribution reinvested, FTQI returned +16.5% and QRMI +3.7% over the year to Nov 4, 2026.

Which is cheaper, FTQI or QRMI?

FTQI charges 0.75% a year and QRMI charges 0.60%, so QRMI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FTQI vs QRMI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, FTQI paid 12.1% of its price in cash against QRMI’s 11.6%, and returned more with it reinvested.

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Net assets: $997m on Nov 3, 2026 for First Trust Nasdaq BuyWrite Income ETF, and $15m on Oct 12, 2026 for Global X NASDAQ 100 Risk Managed Income ETF.

FTQI on its own →QRMI on its own →

At a glance

12.1%

FTQI cash paid, 1 year

11.6%

QRMI cash paid, 1 year

+16.5%

FTQI total return, 1 year

+3.7%

QRMI total return, 1 year

FTQI · 1 year to Nov 4, 2026 4.2 pts ahead of QQQ

FTQI

+16.5%

QQQ

+12.3%

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% of it arrived as cash

4.2 pts ahead of QQQ

Total return, distributions reinvested

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% as cash

4.2 pts ahead of QQQ

12.1% of it arrived as cash. Total return, distributions reinvested. FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

QRMI · 1 year to Nov 4, 2026 8.6 pts behind QQQ

QRMI

+3.7%

QQQ

+12.3%

8.6 pts behind QQQ

QRMI over 1 year: paid 11.6%, price −8.1%, total +3.7%, QQQ +12.3%, −8.6 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QRMI

+3.7%

11.6% as cash

8.6 pts behind QQQ

Total return, distributions reinvested

8.6 pts behind QQQ

QRMI over 1 year: paid 11.6%, price −8.1%, total +3.7%, QQQ +12.3%, −8.6 pts. Data to Nov 4, 2026.

QQQ

+12.3%

QRMI

+3.7%

8.6 pts behind QQQ

11.6% of it arrived as cash. Both charts share one scale, with zero at the line. QRMI over 1 year: paid 11.6%, price −8.1%, total +3.7%, QQQ +12.3%, −8.6 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

QRMI costs 0.15 points a year less; their one-year returns differ by 12.8 points; FTQI is far larger, $1.0bn against $15m.

Points (pts) are percentage points.

FTQI vs QRMI: Dividend Yield & Total Return
Measure	FTQI	QRMI
Paid and earned
Measure	FTQI	QRMI
Total return, 1 year	+16.5%	+3.7%
Price change, 1 year	rose 3.5%	fell 8.1%
Return of capital, issuer estimate	99% of the Oct 30, 2026 payment	100% of the Sep 24, 2026 payment
Against its benchmark
Measure	FTQI	QRMI
Benchmark	Nasdaq-100, measured through QQQ	Nasdaq-100, measured through QQQ
Cost and size
Measure	FTQI	QRMI
Expense ratio	0.75%	0.60%
Net assets, as of Oct 12, 2026	$1.0bn	$15m
Holdings
Measure	FTQI	QRMI
Holdings in common	50%

ETFIQ Distribution Coverage Score · FTQI scores higher How much of what it paid out did its total return cover?

IQ Income Score74FTQI27.2QRMI

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

FTQI 74

QRMI 27.2

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

50%

By the books each fund has filed, FTQI and QRMI hold 50% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

50% in common

Positions both hold · largest shared weight first FTQI QRMI

Apple Inc. 8.98% 7.60%

NVIDIA Corporation 6.22% 8.14%

Amazon.com, Inc. 4.23% 4.90%

Advanced Micro Devices, Inc. 4.73% 3.60%

Meta Platforms, Inc. (Class A) 2.67% 2.77%

Tesla, Inc. 3.05% 2.60%

Cisco Systems, Inc. 3.10% 2.12%

Micron Technology, Inc. 2.01% 4.29%

Alphabet Inc. (Class A) 1.72% 3.48%

Alphabet Inc. (Class C) 1.72% 3.26%

Broadcom Inc. 1.64% 3.10%

Microsoft Corporation 1.55% 5.78%

Only in one fund ↓

Only in FTQI

AbbVie Inc. 1.48%

CME Group Inc. 1.10%

eBay Inc. 0.94%

Medpace Holdings, Inc. 0.86%

Expedia Group, Inc. 0.84%

Woodward, Inc. 0.81%

Illumina, Inc. 0.79%

DocuSign, Inc. 0.70%

Only in QRMI

WALMART INC. 2.51%

TEXAS INSTRUMENTS INCORPORATED 1.17%

LINDE PUBLIC LIMITED COMPANY 1.03%

SPACE EXPLORATION TECHNOLOGIES CORP. 0.97%

CROWDSTRIKE HOLDINGS, INC. 0.90%

Pepsico, Inc. 0.89%

WESTERN DIGITAL CORPORATION 0.88%

T-MOBILE US, INC. 0.87%

Check overlap with more funds →

Side by side

FTQI First Trust Nasdaq BuyWrite Income ETF · Covered call on QQQ, paying monthly QRMI Global X NASDAQ 100 Risk Managed Income ETF · Option income on QQQ, paying monthly

Issuer First Trust Global X

Strategy covered call option income

Benchmark Nasdaq-100 (QQQ) Nasdaq-100 (QQQ)

Pays monthly monthly

Payout rate, annualized 12.3% 12.2%

Expense ratio 0.75% 0.60%

Cash paid, 1 year 12.1% 11.6%

Price change, 1 year +3.5% −8.1%

Total return, 1 year +16.5% +3.7%

Benchmark return, 1 year +12.3% +12.3%

Ahead or behind +4.2 pts −8.6 pts

Return of capital, latest estimate 99% 100%

Age 12.8 years 5.2 years

Net assets, FTQI as of Nov 3, 2026 and QRMI as of Oct 12, 2026 $997m $15m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: FTQI vs QRMI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FTQI	QRMI	FTQI	QRMI	FTQI	QRMI
3 months	+0.4%	−0.1%	3.0%	3.0%	+3.8 pts	+3.4 pts
6 months	+6.6%	+1.0%	6.0%	5.9%	+6.9 pts	+1.3 pts
1 year	+16.5%	+3.7%	12.1%	11.6%	+4.3 pts	−8.6 pts
3 years	+60.8%	+25.7%	38.1%	35.0%	−30.5 pts	−65.7 pts
Since launchNot the same days: FTQI Jan 2014 · QRMI Aug 2021	+138.8%	+8.5%	81.1%	42.0%	−641.3 pts	−83.2 pts

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Alert

About each fund

FTQI

Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting value in cash distributions while its price rose 3.5%. With every distribution reinvested, the fund returned +16.5%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.3%, paid monthly. First Trust estimates that 99% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

QRMI

Over the year to Nov 4, 2026, QRMI paid 11.6% of its starting value in cash distributions while its price fell 8.1%. With every distribution reinvested, the fund returned +3.7%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 8.6 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.2%, paid monthly. Global X estimates that 100% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, FTQI or QRMI?: Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting price in cash and QRMI paid 11.6%, so FTQI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FTQI or QRMI?: With every distribution reinvested, FTQI returned +16.5% and QRMI +3.7% over the year to Nov 4, 2026.
Which is cheaper, FTQI or QRMI?: FTQI charges 0.75% a year and QRMI charges 0.60%, so QRMI is cheaper. Fees come from each fund's prospectus.

Other comparisons

FTQI vs QQQY FTQI vs QDTY FTQI vs QLDY FTQI vs KIQQ QRMI vs ROCQ QRMI vs XQQI QRMI vs QYLG QRMI vs GPIQ

Where to next

Nasdaq-100 (QQQ) →FTQI on its own →QRMI on its own →FTQI dividend history →FTQI holdings →QRMI dividend history →QRMI holdings →Method →Standards and sources →

Sources and dates

FTQI filings on SEC EDGAR ↗

FTQI prospectus with the expense ratio (SEC) ↗

FTQI 19a-1 distribution notice ↗

First Trust page for FTQI ↗

QRMI filings on SEC EDGAR ↗

QRMI prospectus with the expense ratio (SEC) ↗

QRMI 19a-1 distribution notice ↗

Global X page for QRMI ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, FTQI against QRMI, data as of Nov 4, 2026. https://etfiq.com/compare/income/ftqi-vs-qrmi

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.