XRMI
Global X S&P 500 Risk Managed Income ETF
XRMI tracks an index that holds S&P 500 stocks combined with an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 49.8 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | Aug 25, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NVIDIA CORP | 7.9 % |
| APPLE INC | 7.7 % |
| MICROSOFT CORP | 4.5 % |
| AMAZON.COM INC | 3.6 % |
| ALPHABET INC. CLASS A | 3.0 % |
| BROADCOM INC. | 2.9 % |
| ALPHABET INC. CLASS C | 2.4 % |
| META PLATFORMS INC | 2.1 % |
| MICRON TECHNOLOGY INC | 1.6 % |
| JPMORGAN CHASE & CO | 1.5 % |
Constituent Breakdown
| Number of holdings | 503 |
| Herfindahl-Hirschman Index | 215 |
| Wgt avg mkt cap (mns) | $1,438,832 |
| Large cap (>$10bn) | 100.6% |
| Mid cap ($2-10bn) | 0.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 101.4% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 98.3 % |
 |
IRELAND | 1.6 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -3.8% | -3.9% | -4.5% | -5.5% | -- | -- | -- | -8.7% |
| Dividend Yield | 6.1% | 12.7% | 12.4% | 12.2% | -- | -- | -- | 11.4% |
| Total Returns | 2.3% | 8.7% | 7.9% | 6.8% | -- | -- | -- | 2.6% | Ann. Volatility | 6.3% | 5.5% | 6.6% | 6.3% | -- | -- | -- | 6.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.34 | 59% |
| MSCI EAFE | 0.23 | 42% |
| MSCI Emg Mkts | 0.14 | 35% |
Liquidity Measures
| Avg. volume (000) | 7 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.32% |
Technical Indicators
| 30d moving avg. (EMA) | $17.08 |
| Relative strength (RSI) | 58 |
| MACD/Signal | 0.07/0.08 |
| Bollinger Bands (Upper/Lower) | $17.32/$16.94 |
| Short interest (% of AUM) | 0.4% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. XRMI |
Expenses vs. XRMI |
ALTAR Score™ vs. XRMI |
|---|---|---|---|---|
| XYLD | Global X S&P 500 Covered Call ETF | 100.8% | 0 bp | -0.2% |
| XYLG | Global X S&P 500 Covered Call & Growth ETF | 100.5% | 0 bp | -0.5% |
| XTR | Global X S&P 500 Tail Risk ETF | 99.1% | -34 bp | -0.2% |
| XCLR | Global X S&P 500 Collar 95-110 ETF | 98.7% | -35 bp | +0.1% |
| PBP | Invesco S&P 500 BuyWrite ETF | 97.6% | -11 bp | -0.1% |
| ACIO | Aptus Collared Investment Opportunity ETF | 76.1% | +19 bp | -0.8% |
| SFLR | Innovator Equity Managed Floor ETF | 66.9% | +29 bp | -0.9% |
| EFIV | State Street SPDR S&P 500 ESG ETF | 61.5% | -50 bp | +0.2% |
| QRMI | Global X NASDAQ 100 Risk Managed Income ETF | 54.7% | 0 bp | -0.4% |
| QTR | Global X NASDAQ 100 Tail Risk ETF | 54.7% | -34 bp | -0.9% |
Risk and Returns: XRMI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 7/31/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.0%
ALTAR SCORE™
44th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,402 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.0%. XRMI's ALTAR Score™ is approximately -0.2 standard
deviations above the category average. This places XRMI in the 44th percentile
among funds in the category.
Sell-Side Consensus
$19.23
PRICE TARGET
+11.7%
UPSIDE