Global X S&P 500 Risk Managed Income ETF (XRMI)
XRMI is a passive ETF by Global X tracking the investment results of the Cboe S&P 500 Risk Managed Income Index. XRMI launched on Aug 25, 2021 and has a 0.60% expense ratio.
ETF Info
| ISIN | US37960A2069 |
|---|---|
| CUSIP | 37960A206 |
| Issuer | Global X |
| Inception Date | Aug 25, 2021 |
| Region | North America (U.S.) |
| Category | Hedge Fund |
| Index Tracked | Cboe S&P 500 Risk Managed Income Index |
| Home Page | www.globalxetfs.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Expense Ratio
The Global X S&P 500 Risk Managed Income ETF has a high expense ratio of 0.60%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Global X S&P 500 Risk Managed Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Global X S&P 500 Risk Managed Income ETF had a return of 3.24% year-to-date (YTD) and 4.25% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.24% | 5.06% |
| 1 month | -1.05% | -3.23% |
| 6 months | 6.07% | 17.14% |
| 1 year | 4.25% | 20.62% |
| 5 years (annualized) | N/A | 11.54% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.91% | 1.43% | 1.79% | |||||||||
| 2023 | -1.97% | -1.74% | 2.21% | 1.43% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Global X S&P 500 Risk Managed Income ETF(XRMI)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X S&P 500 Risk Managed Income ETF (XRMI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Global X S&P 500 Risk Managed Income ETF granted a 12.35% dividend yield in the last twelve months. The annual payout for that period amounted to $2.34 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $2.34 | $2.39 | $2.63 | $0.78 |
Dividend yield | 12.35% | 12.62% | 12.85% | 2.93% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X S&P 500 Risk Managed Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.19 | $0.19 | $0.19 | |||||||||
| 2023 | $0.20 | $0.21 | $0.20 | $0.20 | $0.18 | $0.21 | $0.20 | $0.20 | $0.20 | $0.19 | $0.19 | $0.19 |
| 2022 | $0.20 | $0.20 | $0.25 | $0.25 | $0.19 | $0.23 | $0.24 | $0.23 | $0.22 | $0.21 | $0.21 | $0.21 |
| 2021 | $0.21 | $0.15 | $0.23 | $0.19 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X S&P 500 Risk Managed Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X S&P 500 Risk Managed Income ETF was 15.29%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current Global X S&P 500 Risk Managed Income ETF drawdown is 7.67%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.29% | Dec 30, 2021 | 200 | Oct 14, 2022 | — | — | — |
| -2.25% | Sep 16, 2021 | 13 | Oct 4, 2021 | 9 | Oct 15, 2021 | 22 |
| -1.5% | Nov 26, 2021 | 4 | Dec 1, 2021 | 5 | Dec 8, 2021 | 9 |
| -1.45% | Dec 16, 2021 | 3 | Dec 20, 2021 | 4 | Dec 27, 2021 | 7 |
| -0.99% | Dec 9, 2021 | 4 | Dec 14, 2021 | 1 | Dec 15, 2021 | 5 |
Volatility
Volatility Chart
The current Global X S&P 500 Risk Managed Income ETF volatility is 1.75%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.