Data as of .
QRMI vs ULTY: which paid, and which earned it?
Over the year ULTY paid 44.9% of its price in cash against QRMI’s 11.8%, though QRMI returned more with it reinvested.
ETFIQ Return Stability Score: QRMI scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, QRMI and ULTY hold 19% of their money in the same securities at the same weight.
| Holding | QRMI | ULTY |
|---|---|---|
| ADVANCED MICRO DEVICES | 4.00% | 5.23% |
| ALPHABET INC-CL A | 3.25% | 4.39% |
| SPACE EXPLORATION TECHN-CL A | 2.86% | 4.11% |
| NVIDIA CORP | 8.49% | 2.36% |
| PALANTIR TECHNOLOGIES INC-A | 1.78% | 4.27% |
| LAM RESEARCH CORP | 1.57% | 4.34% |
| ANALOG DEVICES INC | 0.79% | 4.11% |
| SHOPIFY INC - CLASS A | 0.68% | 3.55% |
| MERCADOLIBRE INC | 0.40% | 4.99% |
| LUMENTUM HOLDINGS INC | 0.36% | 4.75% |
| STRATEGY INC- CL A | 0.24% | 4.66% |
| ASTERA LABS INC | 0.23% | 3.35% |
| Only in QRMI | Only in ULTY |
|---|---|
| APPLE INC 7.78% | Comfort Systems USA Inc 4.61% |
| MICROSOFT CORP 5.81% | Coherent Corp 4.30% |
| MICRON TECHNOLOGY INC 5.02% | Alibaba Group Holding Ltd 4.07% |
| AMAZON.COM INC 4.33% | Robinhood Markets Inc 4.07% |
| META PLATFORMS INC 3.13% | VanEck Gold Miners ETF/USA 4.07% |
| TESLA INC 3.03% | Figure Technology Solutions Inc 4.02% |
| ALPHABET INC-CL C 3.01% | TransMedics Group Inc 3.48% |
| BROADCOM INC 2.69% | Caterpillar Inc 3.07% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| QRMI | ULTY | QRMI | ULTY | QRMI | ULTY | |
| 3 months | +0.6% | −1.1% | 3.0% | 13.7% | +3.1 pts | −3.3 pts |
| 6 months | +7.3% | +14.0% | 6.1% | 30.1% | −17.0 pts | −4.0 pts |
| 1 year | +8.5% | −7.8% | 11.8% | 44.9% | −13.3 pts | −24.3 pts |
| 3 years | +26.7% | not published | 33.5% | not published | −71.5 pts | not published |
| Since launch | +10.4% | +10.7% | 40.8% | 86.9% | −89.1 pts | −44.1 pts |
| QRMI Global X NASDAQ 100 Risk Managed Income ETF Option income on QQQ, paying monthly | ULTY YieldMax(R) Ultra Option Income Strategy ETF Synthetic covered call on SPY, paying weekly | |
|---|---|---|
| Issuer | Global X | YieldMax |
| Strategy | option income | synthetic covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 12.0% | 59.8% |
| Expense ratio | 0.60% | 1.30% |
| Cash paid, 1 year | 11.8% | 44.9% |
| Price change, 1 year | −3.8% | −54.1% |
| Total return, 1 year | +8.5% | −7.8% |
| Benchmark return, 1 year | +21.8% | +16.6% |
| Ahead or behind | −13.3 pts | −24.3 pts |
| Return of capital, latest estimate | 100% | 100% |
| Age | 1849 days | 932 days |
| Net assets | $15m | $721m |
QRMI in plain words
Over the year to Sep 18, 2026, QRMI paid 11.8% of its starting value in cash distributions while its price fell 3.8%. With every distribution reinvested, the fund returned +8.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 13.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.0%, paid monthly. Global X estimates that 100% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
ULTY in plain words
Over the year to Sep 18, 2026, ULTY paid 44.9% of its starting value in cash distributions while its price fell 54.1%. With every distribution reinvested, the fund returned −7.8%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 24.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 59.8%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which paid more, QRMI or ULTY?
- Over the year to Sep 18, 2026, QRMI paid 11.8% of its starting price in cash and ULTY paid 44.9%, so ULTY 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 ULTY?
- With every distribution reinvested, QRMI returned +8.5% and ULTY returned −7.8% over the year to Sep 18, 2026, so QRMI returned more.
- Which is cheaper, QRMI or ULTY?
- QRMI charges 0.60% a year and ULTY charges 1.30%, so QRMI is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, QRMI against ULTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/qrmi-vs-ulty Free to use with attribution; the underlying files are at Open data.