XRMI

Global X S&P 500 Risk Managed Income ETF
*Unless otherwise stated, data provided by FactSet.

XRMI Fund Description

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.

XRMI Factset Analytics Insight

XRMI holds the constituents of the S&P 500 Index while employing an options collar strategy which involves buying 5% out-of-the-money put options and selling at-the-money covered call options in an amount that corresponds to the value of the portfolio. The fund’s exchange-traded put option positions are purchased on a monthly basis and will be held until their one-month maturity. At expiration, these options are either exercised or settled in cash. The options collar strategy seeks to generate a net-credit, meaning that the premium received from the sale of the call options will be greater than the premium paid when buying the put options. Investors should note that selling at-the-money call options caps the fund’s upside potential. In addition, buying and selling shares other than the monthly purchase and expiration dates of the options may result in different returns and buffer protection.

PERFORMANCE [as of 05/26/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
XRMI -2.93% -2.58% -7.79% -- -- -- --
XRMI (NAV) -4.13% -1.91% -8.07% -- -- -- --
MSCI USA Large Cap Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

XRMI Summary Data

Global X
08/25/21
Open-Ended Fund
0.60%
$21.32M
$272.55K
0.29%

XRMI Portfolio Data

$660.45B
23.15
4.59
--
N/A
506

XRMI Index Data

Cboe S&P 500 Risk Managed Income Index
Fixed
Fixed
MSCI USA Large Cap Index

XRMI Portfolio Management

0.60%
--
--
--

XRMI Tax Exposures

20.00% / 39.60%
0.27%
Qualified dividends
No

XRMI Fund Structure

Open-Ended Fund
No
--
-- / --
N/A
N/A
High
Daily

XRMI Factset Analytics Block Liquidity

As of 05/27/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of XRMI. XRMI is rated a 5 out of 5.

XRMI Tradability

11,126
$272.55K
8,779
$210.42K
0.29%
$0.07
0.10%
0.52% / -0.54%
None
99.00%
10,000
0.88
--
0.00%
0
$23.54
5

XRMI Sector/Industry Breakdown


XRMI
Segment Benchmark
17.40%
--
15.02%
--
14.86%
--
11.55%
--
7.38%
--
5.82%
--
4.35%
--
3.82%
--
3.69%
--
3.23%
--

XRMI Top 10 Holdings[View All]

Apple Inc. 6.79%
Tesla Inc 1.81%
27.47%

XRMI Countries


XRMI
Segment Benchmark
100.00%
99.90%
--
0.10%

XRMI Regions


XRMI
Segment Benchmark
100.00%
100.00%

XRMI Economic Development


XRMI
Segment Benchmark
100.00%
100.00%

XRMI Performance Statistics

0.67
0.34
0.39
0.30
0.83%
MSCI USA Large Cap Index

XRMI Benchmark Comparison Holdings

506
295
261
88.18%

XRMI Benchmark Comparison Summary


XRMI
Segment Benchmark
506
295
$660.45B
$723.99B
23.15
24.13
4.59
5.01
1.34%
1.30%
Low
Low

XRMI Benchmark Comparison Market Cap Size


XRMI
Segment Benchmark
98.57%
99.98%
1.42%
0.02%
0.00%
0.00%
0.00%
0.00%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.