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 |
| Leveraged | 1x |
| 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
XRMI features an expense ratio of 0.60%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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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 12.46% year-to-date (YTD) and 15.05% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 12.46% | 25.48% |
| 1 month | 1.34% | 2.14% |
| 6 months | 7.77% | 12.76% |
| 1 year | 15.05% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.91% | 1.43% | 1.79% | -1.62% | 0.38% | 1.88% | 0.63% | 2.40% | 0.81% | 0.04% | 12.46% | ||
| 2023 | 3.06% | -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% |
| 2021 | 0.45% | -1.58% | 2.88% | -0.48% | 1.44% | 2.68% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of XRMI is 75, placing it in the top 25% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 provided a 11.86% dividend yield over the last twelve months, with an annual payout of $2.28 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $2.28 | $2.38 | $2.63 | $0.78 |
Dividend yield | 11.86% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.00 | $1.90 | |
| 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.
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 0.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.29% | Dec 30, 2021 | 200 | Oct 14, 2022 | 518 | Nov 6, 2024 | 718 |
| -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 1.87%, 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.