EDGX vs. XRMI

Last updated Jun 4, 2026

EDGX (Global X U.S. 500 Income Edge ETF) and XRMI (Global X S&P 500 Risk Managed Income ETF) are both Derivative Income funds from Global X - EDGX tracks the Solactive GBS United States 500 Index while XRMI tracks the Cboe S&P 500 Risk Managed Income Index. Both are passively managed. Their correlation of 0.82 suggests significant overlap in exposure.

Performance

EDGX vs. XRMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 Income Edge ETF (EDGX) 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

EDGX

• 1D: -0.49%
• 1M: 4.73%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRMI

• 1D: -0.20%
• 1M: 1.38%
• YTD: 1.75%
• 6M: 2.96%
• 1Y: 9.48%
• 3Y*: 6.71%
• 5Y*: —
• 10Y*: —

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

EDGX vs. XRMI - Yearly Performance Comparison

	2026 (YTD)
EDGX Global X U.S. 500 Income Edge ETF	10.16%
XRMI Global X S&P 500 Risk Managed Income ETF	0.32%

Correlation

The correlation between EDGX and XRMI is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.82

Return for Risk

EDGX vs. XRMI — Risk / Return Rank

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

XRMI

XRMI Risk / Return Rank: 48
XRMI Sharpe Ratio Rank: 51
XRMI Sortino Ratio Rank: 50
XRMI Omega Ratio Rank: 55
XRMI Calmar Ratio Rank: 39
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.

EDGX vs. XRMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 Income Edge ETF (EDGX) 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.

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

Sharpe Ratios by Period

	EDGX	XRMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.05	0.37	+2.68

Drawdowns

EDGX vs. XRMI - Drawdown Comparison

The maximum EDGX drawdown since its inception was -7.56%, smaller than the maximum XRMI drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for EDGX and XRMI.

Drawdown Indicators

	EDGX	XRMI	Difference
Max Drawdown Largest peak-to-trough decline	-7.56%	-15.31%	+7.75%
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	-0.49%	-0.20%	-0.29%
Average Drawdown Average peak-to-trough decline	-1.50%	-5.94%	+4.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.23%	—

Volatility

Volatility by Period

	EDGX	XRMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.21%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.10%	5.39%	+7.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.10%	6.91%	+6.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.10%	6.91%	+6.19%

Dividends

EDGX vs. XRMI - Dividend Comparison

EDGX's dividend yield for the trailing twelve months is around 2.43%, less than XRMI's 12.62% yield.

Position	TTM	2025	2024	2023	2022	2021
EDGX Global X U.S. 500 Income Edge ETF	2.43%	0.00%	0.00%	0.00%	0.00%	0.00%
XRMI Global X S&P 500 Risk Managed Income ETF	12.62%	12.35%	11.86%	12.62%	12.84%	2.93%

Frequently Asked Questions

Can I hold both EDGX and XRMI in my portfolio?

EDGX and XRMI have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

XRMI has the higher dividend yield at 12.62%, compared with 2.43% for EDGX.

What is the main difference between EDGX and XRMI?

EDGX tracks Solactive GBS United States 500 Index, while XRMI tracks Cboe S&P 500 Risk Managed Income Index.