Key stats
About Global X S&P 500 Risk Managed Income ETF
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Inception date
Aug 25, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ISIN
US37960A2069
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 funds 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 funds 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks100.01%
Electronic Technology23.98%
Technology Services21.53%
Finance14.45%
Retail Trade7.63%
Health Technology6.94%
Consumer Non-Durables3.31%
Producer Manufacturing3.20%
Consumer Durables2.67%
Consumer Services2.65%
Utilities2.38%
Energy Minerals2.30%
Transportation1.47%
Process Industries1.32%
Health Services1.17%
Commercial Services0.98%
Industrial Services0.95%
Communications0.88%
Distribution Services0.63%
Non-Energy Minerals0.47%
Miscellaneous0.03%
Bonds, Cash & Other−0.01%
Cash1.05%
Rights & Warrants−1.06%
Stock breakdown by region
North America97.71%
Europe2.29%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
XRMI invests in stocks. The fund's major sectors are Electronic Technology, with 24.24% stocks, and Technology Services, with 21.76% of the basket. The assets are mostly located in the North America region.
XRMI top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 7.63% and 6.70% of the portfolio correspondingly.
XRMI last dividends amounted to 0.18 USD. The month before, the issuer paid 0.18 USD in dividends, which shows a 0.54% increase.
XRMI assets under management is 43.19 M USD. It's fallen 2.90% over the last month.
XRMI fund flows account for 8.53 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, XRMI pays dividends to its holders with the dividend yield of 12.99%. The last dividend (Sep 29, 2025) amounted to 0.18 USD. The dividends are paid monthly.
XRMI shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Aug 25, 2021, and its management style is Passive.
XRMI expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
XRMI follows the Cboe SP 500 Risk Managed Income Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XRMI invests in stocks.
XRMI price has fallen by −0.28% over the last month, and its yearly performance shows a −7.15% decrease. See more dynamics on XRMI price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.97% increase in three-month performance and has increased by 4.78% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.97% increase in three-month performance and has increased by 4.78% in a year.
XRMI trades at a premium (0.23%) meaning the ETF is trading at a higher price than the calculated NAV.