QRMI vs OPEX

Comparison between GLOBAL X NASDAQ 100 RISK MANAGED INCOME ETF (QRMI, ETF) and Tradr 2X Long OPEN Daily ETF (OPEX, ETF).

QRMI vs OPEX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QRMI(ETF)	OPEX(ETF)
Net Assets	$16M	$16M
Expense Ratio	0.60%	N/A
Max Drawdown	39.71%	87.46%
Sharpe Ratio	0.77	-0.61
5Y Beta	0.35	6.10
P/E Ratio	36.95	N/A
Forward P/E	24.85	N/A
PEG Ratio	0.31	N/A
5Y EPS CAGR	30.86%	N/A
Debt to Equity	35.51%	N/A
P/S Ratio	6.02	N/A
P/B Ratio	9.19	N/A

Net Assets

QRMI

$16M

OPEX

$16M

Expense Ratio

QRMI

0.60%

OPEX

N/A

Max Drawdown

Winner

QRMI

39.71%

OPEX

87.46%

Sharpe Ratio

Winner

QRMI

0.77

OPEX

-0.61

5Y Beta

Winner

QRMI

0.35

OPEX

6.10

P/E Ratio

QRMI

36.95

OPEX

N/A

Forward P/E

QRMI

24.85

OPEX

N/A

PEG Ratio

QRMI

0.31

OPEX

N/A

5Y EPS CAGR

QRMI

30.86%

OPEX

N/A

Debt to Equity

QRMI

35.51%

OPEX

N/A

P/S Ratio

QRMI

6.02

OPEX

N/A

P/B Ratio

QRMI

9.19

OPEX

N/A

QRMI vs OPEX - Historical Returns

Returns include dividend reinvestment.

Period	QRMI	OPEX
1 month	+1.26%	-18.25%
3 months	+3.15%	-31.28%
6 months	+3.40%	-70.21%
1 year	+9.15%	N/A
5 years(CAGR)	+1.77%	N/A
Max(CAGR)	+1.77%	-91.70%

Winner

QRMI

+1.26%

OPEX

-18.25%

Winner

QRMI

+3.15%

OPEX

-31.28%

Winner

QRMI

+3.40%

OPEX

-70.21%

QRMI

+9.15%

OPEX

N/A

5Y(CAGR)

QRMI

+1.77%

OPEX

N/A

Max(CAGR)

Winner

QRMI

+1.77%

OPEX

-91.70%

QRMI vs OPEX - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	QRMI	OPEX
2026	+2.42%	-63.75%
2025	+4.16%	-46.89%
2024	+15.64%	N/A
2023	+12.10%	N/A
2022	-18.81%	N/A
2021	-1.88%	N/A

QRMI vs OPEX Drawdown Comparison

The maximum drawdown for QRMI was -20.94%, occurring on Dec 28, 2022. Recovery took 821 trading sessions.

The maximum drawdown for OPEX was -87.46%, occurring on Jun 8, 2026. This drawdown has not yet recovered.

The current QRMI drawdown is -0.26%. The current OPEX drawdown is -86.93%.

Rank	QRMI	OPEX
#1	-20.94% Sep 16, 2021 - Dec 20, 2024	-87.46% Nov 12, 2025 - Jun 8, 2026
#2	-8.43% Feb 20, 2025 - Dec 19, 2025	-38.06% Oct 27, 2025 - Nov 12, 2025
#3	-5.04% Jan 28, 2026 - May 8, 2026	N/A
#4	-1.88% Jan 6, 2025 - Jan 15, 2025	N/A
#5	-1.80% Jun 3, 2026 - Jun 10, 2026	N/A
#6	-1.19% Jan 15, 2026 - Jan 28, 2026	N/A
#7	-1.08% Jan 23, 2025 - Feb 6, 2025	N/A
#8	-1.04% Dec 27, 2024 - Jan 6, 2025	N/A
#9	-0.39% Feb 6, 2025 - Feb 12, 2025	N/A
#10	-0.36% Dec 26, 2025 - Jan 6, 2026	N/A
#11	-0.29% May 15, 2026 - May 20, 2026	N/A
#12	-0.17% Jan 15, 2025 - Jan 17, 2025	N/A
#13	-0.16% Jan 6, 2026 - Jan 9, 2026	N/A
#14	-0.14% Sep 8, 2021 - Sep 16, 2021	N/A
#15	-0.10% Sep 1, 2021 - Sep 7, 2021	N/A

Correlation

Correlation between QRMI and OPEX is -0.43 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.43

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