Which is cheaper, QRMI or XQQI?

QRMI charges 0.60% a year and XQQI charges 0.98%, so QRMI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

QRMI vs XQQI: Dividend Yield & Total Return

QRMI and XQQI both write options for income.

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Net assets: $15m on Oct 12, 2026 for Global X NASDAQ 100 Risk Managed Income ETF, and $408m on Oct 28, 2026 for NEOS Boosted Nasdaq-100 High Income ETF.

QRMI on its own →XQQI on its own →

At a glance

11.6%

QRMI cash paid, 1 year

17.0%

XQQI cash paid, since launch, Feb 3, 2026

+3.7%

QRMI total return, 1 year

+7.7%

XQQI total return, since launch, Feb 3, 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. 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.

XQQI · since launch to Nov 4, 2026 4.9 pts behind QQQ

XQQI

+7.7%

QQQ

+12.6%

4.9 pts behind QQQ

XQQI since launch: paid 17.0%, price −9.2%, total +7.7%, QQQ +12.6%, −4.9 pts. Data to Nov 4, 2026.

QQQ

+12.6%

XQQI

+7.7%

17.0% of it arrived as cash

4.9 pts behind QQQ

Total return, distributions reinvested

4.9 pts behind QQQ

XQQI since launch: paid 17.0%, price −9.2%, total +7.7%, QQQ +12.6%, −4.9 pts. Data to Nov 4, 2026.

QQQ

+12.6%

XQQI

+7.7%

17.0% cash

4.9 pts behind QQQ

17.0% of it arrived as cash. Both charts share one scale, with zero at the line. XQQI since launch: paid 17.0%, price −9.2%, total +7.7%, QQQ +12.6%, −4.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

QRMI costs 0.38 points a year less; XQQI is far larger, $420m against $15m.

Points (pts) are percentage points.

QRMI vs XQQI: Dividend Yield & Total Return
Measure	QRMI	XQQI
Paid and earned
Measure	QRMI	XQQI
Total return, 1 year	+3.7%	not published
Price change	fell 8.1% (1 year)	fell 9.2% (since Feb 3, 2026)
Return of capital, issuer estimate	100% of the Sep 24, 2026 payment	100% of the Oct 9, 2026 payment
Against its benchmark
Measure	QRMI	XQQI
Benchmark	Nasdaq-100, measured through QQQ	Nasdaq-100, measured through QQQ
Cost and size
Measure	QRMI	XQQI
Expense ratio	0.60%	0.98%
Net assets, as of Oct 12, 2026	$15m	$420m
Holdings
Measure	QRMI	XQQI
Holdings in common	95%

Method

What they share

95%

By the books each fund has filed, QRMI and XQQI hold 95% 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

95% in common

Positions both hold · largest shared weight first QRMI XQQI

NVIDIA CORPORATION 8.14% 8.71%

APPLE INC. 7.60% 8.50%

MICROSOFT CORPORATION 5.78% 6.78%

AMAZON.COM, INC. 4.90% 4.74%

MICRON TECHNOLOGY, INC. 4.29% 4.63%

ADVANCED MICRO DEVICES, INC. 3.60% 3.78%

ALPHABET INC. 3.48% 2.90%

BROADCOM INC. 3.10% 2.78%

META PLATFORMS, INC. 2.77% 3.22%

ALPHABET INC. 3.26% 2.70%

TESLA, INC. 2.60% 3.64%

WALMART INC. 2.51% 2.93%

Only in one fund ↓

Only in QRMI

WARNER BROS. DISCOVERY, INC. 0.29%

ELECTRONIC ARTS INC 0.23%

THE KRAFT HEINZ COMPANY 0.14%

Only in XQQI

NDX US 01/15/27 C30500 0.71%

Moderna Inc 0.35%

NDX US 12/18/26 C29625 -0.60%

NDX US 12/18/26 C29000 -0.93%

NDX US 01/15/27 P30500 -4.52%

Check overlap with more funds →

Side by side

QRMI Global X NASDAQ 100 Risk Managed Income ETF · Option income on QQQ, paying monthly XQQI NEOS Boosted Nasdaq-100 High Income ETF · Option income on QQQ, paying monthly

Issuer Global X NEOS

Strategy option income option income

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

Pays monthly monthly

Payout rate, annualized 12.2% 20.2%

Expense ratio 0.60% 0.98%

Cash paid, 1 year 11.6% 17.0% (since launch, Feb 3, 2026)

Price change, 1 year −8.1% −9.2% (since launch, Feb 3, 2026)

Total return, 1 year +3.7% +7.7% (since launch, Feb 3, 2026)

Benchmark return, 1 year +12.3% +12.6% (since launch, Feb 3, 2026)

Ahead or behind −8.6 pts −4.9 pts (since launch, Feb 3, 2026)

Return of capital, latest estimate 100% 100%

Age 5.2 years 274 days

Net assets, QRMI as of Oct 12, 2026 and XQQI as of Oct 28, 2026 $15m $408m

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 XQQI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	QRMI	XQQI	QRMI	XQQI	QRMI	XQQI
3 months	−0.1%	−4.1%	3.0%	5.0%	+3.4 pts	−0.6 pts
6 months	+1.0%	−3.0%	5.9%	10.0%	+1.3 pts	−2.6 pts
1 year	+3.7%	–	11.6%	–	−8.6 pts	–
3 years	+25.7%	–	35.0%	–	−65.7 pts	–
Since launchNot the same days: QRMI Aug 2021 · XQQI Feb 2026	+8.5%	+7.7%	42.0%	17.0%	−83.2 pts	−4.9 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.

XQQI

Over the period from its first trade on Feb 3, 2026 to Nov 4, 2026, XQQI paid 17.0% of its starting value in cash distributions while its price fell 9.2%. With every distribution reinvested, the fund returned +7.7%. Nasdaq-100 (QQQ) returned +12.6% over the same days, so a holder was behind by 4.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 20.2%, paid monthly. NEOS estimates that 100% of the distribution paid Oct 9, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, QRMI or XQQI?: QRMI charges 0.60% a year and XQQI charges 0.98%, so QRMI is cheaper. Fees come from each fund's prospectus.

Other comparisons

QRMI vs TDAQ QRMI vs QDTY QRMI vs GPIQ QRMI vs QYLD XQQI vs QDTY XQQI vs ACQQ XQQI vs BALQ XQQI vs KIQQ

Where to next

Nasdaq-100 (QQQ) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →QRMI on its own →XQQI on its own →QRMI dividend history →QRMI holdings →XQQI dividend history →XQQI 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 ↗

XQQI filings on SEC EDGAR ↗

XQQI prospectus with the expense ratio (SEC) ↗

XQQI 19a-1 distribution notice ↗

NEOS page for XQQI ↗

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.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

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

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