Which paid more, QRMI or SPIN?

Over the year to Nov 4, 2026, QRMI paid 11.6% of its starting price in cash and SPIN paid 5.1%, so QRMI paid more. Cash paid is not the same as money made: the price change matters too.

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

With every distribution reinvested, QRMI returned +3.7% and SPIN +9.3% over the year to Nov 4, 2026.

Which is cheaper, QRMI or SPIN?

QRMI charges 0.60% a year and SPIN charges 0.25%, so SPIN is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

QRMI vs SPIN: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, QRMI paid 11.6% of its price in cash against SPIN’s 5.1%, though SPIN returned more with it reinvested.

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Net assets: $15m on Oct 12, 2026 for Global X NASDAQ 100 Risk Managed Income ETF, and $45m on Nov 3, 2026 for State Street US Equity Premium Income ETF.

QRMI on its own →SPIN on its own →

At a glance

11.6%

QRMI cash paid, 1 year

5.1%

SPIN cash paid, 1 year

+3.7%

QRMI total return, 1 year

+9.3%

SPIN total return, 1 year

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. Total return, distributions reinvested. 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.

SPIN · 1 year to Nov 4, 2026 5.5 pts behind SPY

SPIN

+9.3%

SPY

+14.8%

5.5 pts behind SPY

SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPIN

+9.3%

5.1% of it arrived as cash

5.5 pts behind SPY

Total return, distributions reinvested

5.5 pts behind SPY

SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPIN

+9.3%

5.5 pts behind SPY

5.1% of it arrived as cash. Both charts share one scale, with zero at the line. SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

SPIN costs 0.35 points a year less; their one-year returns differ by 5.6 points; SPIN is 3.1 times larger.

Points (pts) are percentage points.

QRMI vs SPIN: Dividend Yield & Total Return
Measure	QRMI	SPIN
Paid and earned
Measure	QRMI	SPIN
Total return, 1 year	+3.7%	+9.3%
Price change, 1 year	fell 8.1%	rose 3.9%
Return of capital, issuer estimate	100% of the Sep 24, 2026 payment	97% of the Nov 5, 2026 payment
Against its benchmark
Measure	QRMI	SPIN
Benchmark	Nasdaq-100, measured through QQQ	S&P 500, measured through SPY
Cost and size
Measure	QRMI	SPIN
Expense ratio	0.60%	0.25%
Net assets, as of Oct 12, 2026	$15m	$47m
Holdings
Measure	QRMI	SPIN
Holdings in common	50%

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

IQ Income Score27.2QRMI84.1SPIN

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

QRMI 27.2

SPIN 84.1

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, QRMI and SPIN 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 QRMI SPIN

NVIDIA CORPORATION 8.14% 9.22%

APPLE INC. 7.60% 6.03%

MICROSOFT CORPORATION 5.78% 7.47%

AMAZON.COM, INC. 4.90% 4.87%

ALPHABET INC. 3.48% 4.59%

BROADCOM INC. 3.10% 3.37%

META PLATFORMS, INC. 2.77% 2.93%

MICRON TECHNOLOGY, INC. 4.29% 2.50%

ADVANCED MICRO DEVICES, INC. 3.60% 1.94%

APPLIED MATERIALS, INC. 1.86% 1.41%

LINDE PUBLIC LIMITED COMPANY 1.03% 1.06%

NETFLIX, INC. 1.40% 0.91%

Only in one fund ↓

Only in QRMI

CISCO SYSTEMS, INC. 2.12%

INTEL CORPORATION 2.10%

PALO ALTO NETWORKS, INC. 1.25%

KLA CORPORATION 1.11%

SPACE EXPLORATION TECHNOLOGIES CORP. 0.97%

AMGEN INC. 0.96%

WESTERN DIGITAL CORPORATION 0.88%

SANDISK CORPORATION 0.84%

Only in SPIN

ELI LILLY + CO 2.50%

EXXONMOBIL HOLDINGS CORP 2.28%

JPMORGAN CHASE + CO 2.13%

JOHNSON + JOHNSON 1.87%

VISA INC CLASS A SHARES 1.73%

AMPHENOL CORP CL A 1.41%

HOME DEPOT INC 1.39%

EMERSON ELECTRIC CO 1.30%

Check overlap with more funds →

Side by side

QRMI Global X NASDAQ 100 Risk Managed Income ETF · Option income on QQQ, paying monthly SPIN State Street US Equity Premium Income ETF · Covered call on SPY, paying monthly

Issuer Global X State Street

Strategy option income covered call

Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 12.2% 5.5%

Expense ratio 0.60% 0.25%

Cash paid, 1 year 11.6% 5.1%

Price change, 1 year −8.1% +3.9%

Total return, 1 year +3.7% +9.3%

Benchmark return, 1 year +12.3% +14.8%

Ahead or behind −8.6 pts −5.5 pts

Return of capital, latest estimate 100% 97%

Age 5.2 years 2.2 years

Net assets, QRMI as of Oct 12, 2026 and SPIN as of Nov 3, 2026 $15m $45m

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: QRMI vs SPIN: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	QRMI	SPIN	QRMI	SPIN	QRMI	SPIN
3 months	−0.1%	+0.8%	3.0%	0.9%	+3.4 pts	+0.9 pts
6 months	+1.0%	+6.0%	5.9%	1.9%	+1.3 pts	+1.0 pts
1 year	+3.7%	+9.3%	11.6%	5.1%	−8.6 pts	−5.5 pts
3 years	+25.7%	–	35.0%	–	−65.7 pts	–
Since launchNot the same days: QRMI Aug 2021 · SPIN Sep 2024	+8.5%	+30.3%	42.0%	16.0%	−83.2 pts	−12.9 pts

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Alert

About each fund

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). That is a tax label, not a measure of erosion.

SPIN

Over the year to Nov 4, 2026, SPIN paid 5.1% of its starting value in cash distributions while its price rose 3.9%. With every distribution reinvested, the fund returned +9.3%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 5.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.5%, paid monthly. State Street estimates that 97% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, QRMI or SPIN?: Over the year to Nov 4, 2026, QRMI paid 11.6% of its starting price in cash and SPIN paid 5.1%, so QRMI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, QRMI or SPIN?: With every distribution reinvested, QRMI returned +3.7% and SPIN +9.3% over the year to Nov 4, 2026.
Which is cheaper, QRMI or SPIN?: QRMI charges 0.60% a year and SPIN charges 0.25%, so SPIN is cheaper. Fees come from each fund's prospectus.

Other comparisons

QRMI vs APRJ QRMI vs APRH QRMI vs SCLZ QRMI vs JULH SPIN vs FTQI SPIN vs JEPQ SPIN vs ACQQ SPIN vs BALQ

Where to next

Nasdaq-100 (QQQ) →S&P 500 (SPY) →QRMI on its own →SPIN on its own →QRMI dividend history →QRMI holdings →SPIN dividend history →SPIN holdings →Method →Standards and sources →

Sources and dates

QRMI filings on SEC EDGAR ↗

QRMI prospectus with the expense ratio (SEC) ↗

QRMI 19a-1 distribution notice ↗

Global X page for QRMI ↗

SPIN filings on SEC EDGAR ↗

SPIN prospectus with the expense ratio (SEC) ↗

SPIN 19a-1 distribution notice ↗

State Street website ↗

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

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