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EFAA vs QRMI

Invesco MSCI EAFE Income Advantage ETF vs Global X NASDAQ 100 Risk Managed Income ETF

EFAA

Invesco MSCI EAFE Income Advantage ETF

Annual cost

0.39%

Fund size

$505M

QRMI

Global X NASDAQ 100 Risk Managed Income ETF

Annual cost

0.60%

Fund size

$16M

Key differences

Both EFAA and QRMI are alternative ETFs. EFAA charges 0.39% a year and QRMI 0.60%. The main difference: EFAA costs 0.21% less per year.

  • EFAA costs 0.21% less per year.
  • EFAA is much larger than QRMI. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

EFAAQRMI
Annual cost (TER)0.39%0.60%
Fund size (AUM)$505M$16M
Since20242021
Dividend yield8.11%12.22%
Asset classalternativealternative
Regionnorth america
Strategyoption incomeoption income
CAGR 1Y+16.3%+8.7%
CAGR 3YN/A+6.7%
CAGR 5YN/AN/A
Sharpe 3YN/A0.44
Volatility 1Y12.12%5.82%
Max drawdown-11.97%-20.95%

Similar to EFAA and QRMI