BTYB vs. XRMI

Last updated Jun 23, 2026

BTYB (VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF) and XRMI (Global X S&P 500 Risk Managed Income ETF) are both Derivative Income funds. BTYB is actively managed, while XRMI is passively managed. A 0.60 correlation means they provide meaningful diversification when combined. BTYB charges 0.52%/yr vs 0.60%/yr for XRMI.

Performance

BTYB vs. XRMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF (BTYB) and Global X S&P 500 Risk Managed Income ETF (XRMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BTYB

• 1D: 0.04%
• 1M: -2.85%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRMI

• 1D: 0.09%
• 1M: 0.92%
• YTD: 2.19%
• 6M: 2.05%
• 1Y: 10.09%
• 3Y*: 7.08%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BTYB vs. XRMI - Yearly Performance Comparison

	2026 (YTD)
BTYB VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF	-3.43%
XRMI Global X S&P 500 Risk Managed Income ETF	0.70%

Correlation

The correlation between BTYB and XRMI is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.60

Return for Risk

BTYB vs. XRMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTYB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

XRMI

XRMI Risk / Return Rank: 53
XRMI Sharpe Ratio Rank: 56
XRMI Sortino Ratio Rank: 56
XRMI Omega Ratio Rank: 61
XRMI Calmar Ratio Rank: 42
XRMI Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTYB vs. XRMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF (BTYB) and Global X S&P 500 Risk Managed Income ETF (XRMI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BTYB	XRMI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.85	—
Sortino ratio: Return per unit of downside risk	—	2.58	—
Omega ratio: Gain probability vs. loss probability	—	1.36	—
Calmar ratio: Return relative to maximum drawdown	—	2.02	—
Martin ratio: Return relative to average drawdown	—	8.14	—

Drawdowns

BTYB vs. XRMI - Drawdown Comparison

The maximum BTYB drawdown since its inception was -5.64%, smaller than the maximum XRMI drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for BTYB and XRMI.

Drawdown Indicators

	BTYB	XRMI	Difference
Max Drawdown Largest peak-to-trough decline	-5.64%	-15.31%	+9.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-8.34%	—
Current Drawdown Current decline from peak	-4.34%	0.00%	-4.34%
Average Drawdown Average peak-to-trough decline	-1.72%	-5.88%	+4.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.24%	—

Volatility

Volatility by Period

	BTYB	XRMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	8.90%	5.50%	+3.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.90%	6.91%	+1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.90%	6.91%	+1.99%

BTYB vs. XRMI - Expense Ratio Comparison

BTYB has a 0.52% expense ratio, which is lower than XRMI's 0.60% expense ratio.

Dividends

BTYB vs. XRMI - Dividend Comparison

BTYB's dividend yield for the trailing twelve months is around 3.03%, less than XRMI's 13.71% yield.

Position	TTM	2025	2024	2023	2022	2021
BTYB VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF	3.03%	0.00%	0.00%	0.00%	0.00%	0.00%
XRMI Global X S&P 500 Risk Managed Income ETF	12.66%	12.35%	11.86%	12.62%	12.84%	2.93%

Frequently Asked Questions

Can I hold both BTYB and XRMI in my portfolio?

BTYB and XRMI have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BTYB or XRMI?

On fees, BTYB is cheaper at 0.52% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BTYB or XRMI?

BTYB is cheaper with a 0.52% expense ratio, compared with 0.60% for XRMI.

Which ETF pays a higher dividend yield, BTYB or XRMI?

XRMI has the higher dividend yield at 13.71%, compared with 3.03% for BTYB.

What is the main difference between BTYB and XRMI?

They also come from different issuers: VistaShares and Global X. Their fees differ too: 0.52% for BTYB and 0.60% for XRMI.