Global X NASDAQ 100 Risk Managed Income ETF (QRMI)

Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an exchange-traded fund in the Derivative Income category. It has $15.93M in assets, an expense ratio of 0.60% and a 7.80% dividend yield. The fund invests at least 80% of its total assets in the securities of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index ("underlying index"). The underlying index measures the performance of a risk managed income strategy that holds the underlying stocks of the NASDAQ 100® Index and applies an options collar strategy (i.e., a mix of short (sold) call options and long (purchased) put options) on the NASDAQ 100® Index. The fund is non-diversified.