QQQ vs XRMI
QQQ vs XRMI
Invesco QQQ Trust, Series 1 vs Global X S&P 500 Risk Managed Income ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. XRMI offers more diversification with 461 holdings.
Side-by-Side Comparison
| Metric | QQQ | XRMI | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.60% | |
| AUM | $455.8B | $50M | |
| Dividend Yield | 0.41% | 12.60% | |
| Holdings | 108 | 510 | |
| YTD Return | +14.45% | +4.10% | |
| 1Y Return | +24.70% | +10.43% | |
| 3Y Return (annualized) | +24.19% | +6.97% | |
| 5Y Return (annualized) | +14.49% | +2.76% | |
| Volatility (annualized) | 30.6% | 6.7% | |
| Max Drawdown | -83.0% | -15.3% | |
| Fund Family | Invesco (US) | Global X by mirae Asset | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Aug 25, 2021 |
QQQ vs XRMI Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Global X S&P 500 Risk Managed Income ETF (XRMI) is a ETF from Global X by mirae Asset. Over the past year QQQ returned +24.70% while XRMI returned +10.43%. Year to date, QQQ is up 14.45% versus a gain of 4.10% for XRMI.
Over three years, QQQ compounded at +24.19% per year against +6.97% for XRMI; over five years the annualized figures are +14.49% and +2.76% respectively. Across the full 5-year window we track, QQQ has the edge at +12.98% annualized vs +2.76%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 6.7% for XRMI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -83.0% for QQQ and -15.3% for XRMI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while XRMI charges 0.60%. On a $10,000 position that is $18 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 12.60% for XRMI.
Holdings Overlap
QQQ and XRMI share 80 holdings out of 484 unique holdings combined, representing a 22.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in XRMI | Difference |
|---|---|---|---|
| LRCX | 1.82% | 7.42% | 5.60% |
| WMT | 2.47% | 6.50% | 4.03% |
| NVDA | 7.88% | 0.01% | 7.87% |
| AAPL | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| MSFT | Pro | Pro | Pro |
| COST | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
See all 10 holdings QQQ shares with XRMI Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, QQQ or XRMI?
QQQ has an expense ratio of 0.18% while XRMI charges 0.60%. QQQ is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, QQQ or XRMI?
Over the past year QQQ returned +24.70% vs +10.43% for XRMI, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), QQQ annualized +12.98% vs +2.76% for XRMI. Past performance does not guarantee future results.
Which is riskier, QQQ or XRMI?
QQQ has been the more volatile fund at 30.6% annualized versus 6.7% for XRMI. Worst drawdown: QQQ -83.0% vs XRMI -15.3%.
Should I hold both QQQ and XRMI?
QQQ and XRMI have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and XRMI?
QQQ and XRMI share 80 common holdings with a 22.5% weight overlap. Combined, they hold 484 unique securities.
Which pays a higher dividend, QQQ or XRMI?
QQQ yields 0.41% while XRMI yields 12.60%, so XRMI currently pays the higher dividend yield.
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