DOGG vs. XRMI

Last updated Jun 24, 2026

DOGG (FT Vest DJIA Dogs 10 Target Income ETF) and XRMI (Global X S&P 500 Risk Managed Income ETF) are both Derivative Income funds. DOGG is actively managed, while XRMI is passively managed. Over the past 3 years, DOGG returned 12.55%/yr vs 6.90%/yr for XRMI. At a 0.27 correlation, their price movements are largely independent. DOGG charges 0.75%/yr vs 0.60%/yr for XRMI.

Performance

DOGG vs. XRMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest DJIA Dogs 10 Target Income ETF (DOGG) 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

In the year-to-date period, DOGG achieves a 7.19% return, which is significantly higher than XRMI's 1.66% return.

DOGG

• 1D: 1.16%
• 1M: -0.48%
• YTD: 7.19%
• 6M: 6.77%
• 1Y: 18.00%
• 3Y*: 12.55%
• 5Y*: —
• 10Y*: —

XRMI

• 1D: -0.52%
• 1M: 0.39%
• YTD: 1.66%
• 6M: 1.20%
• 1Y: 9.03%
• 3Y*: 6.90%
• 5Y*: —
• 10Y*: —

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

DOGG vs. XRMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DOGG FT Vest DJIA Dogs 10 Target Income ETF	7.19%	19.43%	-2.58%	12.74%
XRMI Global X S&P 500 Risk Managed Income ETF	1.66%	4.60%	15.18%	1.60%

Correlation

The correlation between DOGG and XRMI is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (All Time) Calculated using the full available price history since Apr 27, 2023	0.27

The correlation between DOGG and XRMI shifts across timeframes, from 0.12 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DOGG vs. XRMI — Risk / Return Rank

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

DOGG

DOGG Risk / Return Rank: 48
DOGG Sharpe Ratio Rank: 54
DOGG Sortino Ratio Rank: 54
DOGG Omega Ratio Rank: 50
DOGG Calmar Ratio Rank: 46
DOGG Martin Ratio Rank: 35

XRMI

XRMI Risk / Return Rank: 48
XRMI Sharpe Ratio Rank: 51
XRMI Sortino Ratio Rank: 50
XRMI Omega Ratio Rank: 54
XRMI Calmar Ratio Rank: 38
XRMI Martin Ratio Rank: 46

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.

DOGG vs. XRMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest DJIA Dogs 10 Target Income ETF (DOGG) 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.

	DOGG	XRMI	Difference
Sharpe ratio: Return per unit of total volatility	1.70	1.65	+0.05
Sortino ratio: Return per unit of downside risk	2.43	2.30	+0.13
Omega ratio: Gain probability vs. loss probability	1.30	1.32	-0.02
Calmar ratio: Return relative to maximum drawdown	2.18	1.81	+0.37
Martin ratio: Return relative to average drawdown	4.86	7.28	-2.42

DOGG vs. XRMI - Sharpe Ratio Comparison

The current DOGG Sharpe Ratio is 1.70, which is comparable to the XRMI Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of DOGG and XRMI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DOGG vs. XRMI - Drawdown Comparison

The maximum DOGG drawdown since its inception was -11.19%, smaller than the maximum XRMI drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for DOGG and XRMI.

Drawdown Indicators

	DOGG	XRMI	Difference
Max Drawdown Largest peak-to-trough decline	-11.19%	-15.31%	+4.12%
Max Drawdown (1Y) Largest decline over 1 year	-8.29%	-5.02%	-3.27%
Max Drawdown (3Y) Largest decline over 3 years	-11.19%	-8.34%	-2.85%
Current Drawdown Current decline from peak	-5.78%	-0.52%	-5.26%
Average Drawdown Average peak-to-trough decline	-3.25%	-5.87%	+2.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.71%	1.24%	+2.47%

Volatility

DOGG vs. XRMI - Volatility Comparison

FT Vest DJIA Dogs 10 Target Income ETF (DOGG) has a higher volatility of 4.04% compared to Global X S&P 500 Risk Managed Income ETF (XRMI) at 1.71%. This indicates that DOGG's price experiences larger fluctuations and is considered to be riskier than XRMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOGG	XRMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.04%	1.71%	+2.33%
Volatility (6M) Calculated over the trailing 6-month period	8.26%	4.44%	+3.82%
Volatility (1Y) Calculated over the trailing 1-year period	10.66%	5.52%	+5.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.97%	6.91%	+6.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.97%	6.91%	+6.06%

DOGG vs. XRMI - Expense Ratio Comparison

DOGG has a 0.75% expense ratio, which is higher than XRMI's 0.60% expense ratio.

Dividends

DOGG vs. XRMI - Dividend Comparison

DOGG's dividend yield for the trailing twelve months is around 8.72%, less than XRMI's 12.73% yield.

Position	TTM	2025	2024	2023	2022	2021
DOGG FT Vest DJIA Dogs 10 Target Income ETF	8.72%	8.75%	9.92%	5.89%	0.00%	0.00%
XRMI Global X S&P 500 Risk Managed Income ETF	12.73%	12.35%	11.86%	12.62%	12.84%	2.93%

Frequently Asked Questions

Can I hold both DOGG and XRMI in my portfolio?

DOGG and XRMI have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DOGG or XRMI?

DOGG has higher volatility (4.04%) compared to XRMI (1.71%). In terms of maximum drawdown, DOGG dropped -11.19% vs XRMI's -15.31%.

Which ETF is better, DOGG or XRMI?

On 3-year performance, DOGG leads with 12.55% vs 6.90% for XRMI. On fees, XRMI is cheaper at 0.60% per year. On volatility, XRMI has been the lower-risk option at 1.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DOGG or XRMI?

Over the 3-year period, DOGG has performed better with a 12.55% return vs 6.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DOGG or XRMI?

XRMI is cheaper with a 0.60% expense ratio, compared with 0.75% for DOGG.

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

XRMI has the higher dividend yield at 12.73%, compared with 8.72% for DOGG.

What is the main difference between DOGG and XRMI?

They also come from different issuers: FT Vest and Global X. Their fees differ too: 0.75% for DOGG and 0.60% for XRMI.

Which has better risk-adjusted returns?

DOGG currently has the higher Sharpe Ratio (1.70 vs 1.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.