QRMI vs. FQAL ETF Comparison

Comparison of Global X NASDAQ 100 Risk Managed Income ETF (QRMI) to Fidelity Quality Factor ETF (FQAL)

QRMI

Global X NASDAQ 100 Risk Managed Income ETF

QRMI Description

Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$16.93

Average Daily Volume

9,411

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FQAL

Fidelity Quality Factor ETF

FQAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$64.59

Average Daily Volume

32,521

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	QRMI	FQAL
30 Days	2.07%	1.44%
60 Days	3.80%	6.90%
90 Days	0.14%	4.25%
12 Months	9.75%	33.36%

33 Overlapping Holdings

Symbol	Grade	Weight in QRMI	Weight in FQAL	Overlap
AAPL	C	8.95%	6.81%	6.81%
ABNB	D	0.39%	0.74%	0.39%
ADBE	F	1.54%	1.01%	1.01%
ADP	A	0.75%	0.59%	0.59%
AMAT	B	1.09%	0.95%	0.95%
AVGO	C	5.46%	2.13%	2.13%
BKNG	C	0.94%	1.05%	0.94%
CEG	A	0.55%	0.42%	0.42%
COST	C	2.7%	1.0%	1.0%
CPRT	C	0.34%	0.45%	0.34%
CSX	D	0.43%	0.49%	0.43%
CTAS	C	0.57%	0.52%	0.52%
FAST	C	0.27%	0.47%	0.27%
GILD	A	0.69%	0.97%	0.69%
GOOGL	B	2.46%	3.57%	2.46%
IDXX	D	0.28%	0.83%	0.28%
KLAC	B	0.7%	0.83%	0.7%
LIN	B	1.53%	0.57%	0.57%
LRCX	D	0.7%	0.81%	0.7%
MDLZ	D	0.66%	0.45%	0.45%
META	A	5.13%	2.61%	2.61%
MNST	D	0.34%	0.31%	0.31%
MSFT	D	8.35%	6.61%	6.61%
NFLX	B	2.08%	0.84%	0.84%
NVDA	B	7.88%	6.3%	6.3%
ODFL	F	0.28%	0.42%	0.28%
ORLY	A	0.44%	0.81%	0.44%
PANW	D	0.74%	0.85%	0.74%
PAYX	A	0.32%	0.47%	0.32%
QCOM	C	1.26%	0.99%	0.99%
TTD	A	0.33%	0.39%	0.33%
VRSK	C	0.25%	0.44%	0.25%
VRTX	D	0.8%	0.87%	0.8%

QRMI Overweight 68 Positions Relative to FQAL

Symbol	Grade	Weight
AMZN	C	5.25%
TSLA	C	3.23%
GOOG	B	2.37%
AMD	B	1.76%
TMUS	A	1.59%
PEP	F	1.56%
CSCO	A	1.42%
TXN	C	1.25%
INTU	F	1.19%
ISRG	C	1.15%
AMGN	D	1.13%
CMCSA	C	1.05%
HON	C	0.9%
REGN	D	0.75%
ADI	C	0.75%
SBUX	C	0.73%
MELI	D	0.73%
MU	D	0.71%
INTC	D	0.68%
PYPL	C	0.53%
SNPS	F	0.53%
ASML	F	0.52%
PDD	B	0.52%
CDNS	D	0.5%
MAR	B	0.46%
CRWD	D	0.45%
MRVL	B	0.42%
ROP	C	0.4%
FTNT	B	0.4%
NXPI	F	0.4%
ADSK	C	0.39%
DASH	B	0.37%
AEP	C	0.36%
WDAY	D	0.35%
PCAR	C	0.35%
KDP	C	0.34%
ROST	D	0.34%
CHTR	D	0.3%
AZN	D	0.3%
GEHC	C	0.29%
MCHP	F	0.28%
KHC	F	0.28%
EXC	A	0.27%
EA	D	0.26%
CCEP	D	0.25%
CTSH	B	0.25%
XEL	B	0.24%
DDOG	C	0.24%
BKR	B	0.24%
FANG	C	0.21%
CDW	D	0.2%
ON	F	0.2%
CSGP	F	0.2%
LULU	D	0.2%
BIIB	F	0.19%
TTWO	F	0.18%
SMCI	F	0.18%
DXCM	F	0.18%
ANSS	D	0.18%
TEAM	D	0.17%
ZS	F	0.17%
MRNA	F	0.16%
MDB	D	0.14%
GFS	F	0.14%
WBD	D	0.13%
ILMN	B	0.13%
ARM	C	0.12%
DLTR	F	0.1%

QRMI Underweight 91 Positions Relative to FQAL

Symbol	Grade	Weight
LLY	D	-2.06%
HD	A	-1.49%
V	C	-1.46%
JNJ	D	-1.44%
MA	A	-1.43%
ABBV	B	-1.37%
MCD	A	-1.17%
XOM	A	-1.14%
ACN	B	-1.06%
LOW	A	-1.03%
PG	D	-1.02%
PGR	C	-1.0%
SPGI	B	-0.96%
BMY	B	-0.94%
ZTS	C	-0.92%
BX	C	-0.91%
CME	A	-0.84%
VEEV	C	-0.84%
FICO	A	-0.83%
ACGL	B	-0.8%
AZO	D	-0.79%
CAT	A	-0.79%
MCO	D	-0.78%
KO	C	-0.78%
AMP	A	-0.78%
YUM	B	-0.77%
MTD	B	-0.75%
WSM	B	-0.75%
MSCI	B	-0.74%
GRMN	D	-0.73%
CPAY	A	-0.72%
DPZ	D	-0.7%
JXN	A	-0.68%
KNSL	C	-0.66%
UNP	D	-0.65%
CFR	D	-0.63%
CVX	B	-0.63%
EWBC	D	-0.63%
VZ	B	-0.62%
MEDP	F	-0.62%
LMT	A	-0.62%
PM	D	-0.6%
CBSH	D	-0.6%
QLYS	F	-0.58%
T	A	-0.56%
TDG	B	-0.55%
ITW	B	-0.54%
MMM	C	-0.54%
NEE	A	-0.53%
OTIS	A	-0.49%
GWW	B	-0.49%
AME	D	-0.47%
CL	D	-0.41%
MO	D	-0.41%
COP	D	-0.39%
SO	A	-0.38%
VST	B	-0.36%
PLD	D	-0.34%
KMB	D	-0.34%
AMT	C	-0.32%
SHW	C	-0.31%
EOG	B	-0.3%
HSY	F	-0.29%
FCX	B	-0.29%
WMB	A	-0.28%
NRG	A	-0.27%
WEC	A	-0.26%
ECL	B	-0.26%
PSA	C	-0.25%
LNG	A	-0.24%
O	A	-0.23%
SPG	A	-0.23%
TPL	A	-0.21%
UGI	C	-0.2%
NFG	A	-0.2%
EXR	C	-0.2%
AM	A	-0.19%
AVB	C	-0.19%
NUE	C	-0.19%
VICI	C	-0.19%
CF	A	-0.18%
MLM	F	-0.18%
AVY	D	-0.17%
EQR	C	-0.17%
SBAC	C	-0.17%
RS	D	-0.16%
EXP	B	-0.16%
ESS	D	-0.16%
WHD	B	-0.16%
GLPI	A	-0.15%
RGLD	C	-0.15%