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Global X S&P 500 Risk Managed Income ETF (XRMI)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US37960A2069

CUSIP

37960A206

Issuer

Global X

Inception Date

Aug 25, 2021

Region

North America (U.S.)

Category

Hedge Fund

Leveraged

1x

Index Tracked

Cboe S&P 500 Risk Managed Income Index

Asset Class

Equity

Asset Class Size

Large-Cap

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
XRMI vs. XYLD XRMI vs. QRMI XRMI vs. XTR XRMI vs. JEPI XRMI vs. QYLD XRMI vs. QQQ XRMI vs. VOO XRMI vs. SPLG XRMI vs. FUTY XRMI vs. SPY
Popular comparisons:
XRMI vs. XYLD XRMI vs. QRMI XRMI vs. XTR XRMI vs. JEPI XRMI vs. QYLD XRMI vs. QQQ XRMI vs. VOO XRMI vs. SPLG XRMI vs. FUTY XRMI vs. SPY

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.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
7.99%
12.92%
XRMI (Global X S&P 500 Risk Managed Income ETF)
Benchmark (^GSPC)

Returns By Period

Global X S&P 500 Risk Managed Income ETF had a return of 12.27% year-to-date (YTD) and 14.42% in the last 12 months.


XRMI

YTD

12.27%

1M

1.30%

6M

7.99%

1Y

14.42%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of XRMI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.91%1.43%1.79%-1.62%0.38%1.88%0.63%2.40%0.81%0.04%12.27%
20233.06%-0.25%-0.16%0.98%0.54%1.37%1.39%-2.54%-1.97%-1.74%2.21%1.43%4.23%
2022-3.47%-2.19%2.92%-2.66%-2.10%-3.65%2.57%-2.90%-3.47%1.05%0.78%-1.60%-14.04%
20210.45%-1.58%2.88%-0.48%1.44%2.68%

Expense Ratio

XRMI features an expense ratio of 0.60%, falling within the medium range.


Expense ratio chart for XRMI: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of XRMI is 76, placing it in the top 24% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of XRMI is 7676
Combined Rank
The Sharpe Ratio Rank of XRMI is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of XRMI is 8585
Sortino Ratio Rank
The Omega Ratio Rank of XRMI is 8787
Omega Ratio Rank
The Calmar Ratio Rank of XRMI is 4444
Calmar Ratio Rank
The Martin Ratio Rank of XRMI is 8484
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for XRMI, currently valued at 2.60, compared to the broader market0.002.004.002.602.54
The chart of Sortino ratio for XRMI, currently valued at 3.78, compared to the broader market-2.000.002.004.006.008.0010.0012.003.783.40
The chart of Omega ratio for XRMI, currently valued at 1.54, compared to the broader market0.501.001.502.002.503.001.541.47
The chart of Calmar ratio for XRMI, currently valued at 1.17, compared to the broader market0.005.0010.0015.001.173.66
The chart of Martin ratio for XRMI, currently valued at 17.41, compared to the broader market0.0020.0040.0060.0080.00100.00120.0017.4116.26
XRMI
^GSPC

The current Global X S&P 500 Risk Managed Income ETF Sharpe ratio is 2.60. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Global X S&P 500 Risk Managed Income ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.60
2.54
XRMI (Global X S&P 500 Risk Managed Income ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Global X S&P 500 Risk Managed Income ETF provided a 12.03% dividend yield over the last twelve months, with an annual payout of $2.29 per share.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50$2.00$2.50202120222023
Dividends
Dividend Yield
PeriodTTM202320222021
Dividend$2.29$2.38$2.63$0.78

Dividend yield

12.03%12.61%12.85%2.94%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.19$0.19$0.19$0.19$0.19$0.19$0.19$0.19$0.19$0.19$0.20$2.10
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$2.38
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$2.63
2021$0.21$0.15$0.23$0.19$0.78

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.28%
-0.88%
XRMI (Global X S&P 500 Risk Managed Income ETF)
Benchmark (^GSPC)

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. Recovery took 518 trading sessions.

The current Global X S&P 500 Risk Managed Income ETF drawdown is 0.28%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.29%Dec 30, 2021200Oct 14, 2022518Nov 6, 2024718
-2.24%Sep 16, 202113Oct 4, 20219Oct 15, 202122
-1.5%Nov 26, 20214Dec 1, 20215Dec 8, 20219
-1.45%Dec 16, 20213Dec 20, 20214Dec 27, 20217
-0.99%Dec 9, 20214Dec 14, 20211Dec 15, 20215

Volatility

Volatility Chart

The current Global X S&P 500 Risk Managed Income ETF volatility is 1.87%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.87%
3.96%
XRMI (Global X S&P 500 Risk Managed Income ETF)
Benchmark (^GSPC)