HOII vs. XRMI

Last updated Jun 4, 2026

HOII (REX HOOD Growth & Income ETF) and XRMI (Global X S&P 500 Risk Managed Income ETF) are both Derivative Income funds. HOII is actively managed, while XRMI is passively managed. A 0.51 correlation means they provide meaningful diversification when combined. HOII charges 0.99%/yr vs 0.60%/yr for XRMI.

Performance

HOII vs. XRMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX HOOD Growth & Income ETF (HOII) 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, HOII achieves a -29.15% return, which is significantly lower than XRMI's 1.75% return.

HOII

• 1D: -4.93%
• 1M: 9.10%
• YTD: -29.15%
• 6M: -39.85%
• 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)

HOII vs. XRMI - Yearly Performance Comparison

	2026 (YTD)	2025
HOII REX HOOD Growth & Income ETF	-29.15%	-20.87%
XRMI Global X S&P 500 Risk Managed Income ETF	1.75%	2.36%

Correlation

The correlation between HOII and XRMI is 0.51, 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 Nov 5, 2025	0.51

Return for Risk

HOII 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.

HOII vs. XRMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX HOOD Growth & Income ETF (HOII) 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

	HOII	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	-0.91	0.37	-1.28

Drawdowns

HOII vs. XRMI - Drawdown Comparison

The maximum HOII drawdown since its inception was -55.38%, which is greater than XRMI's maximum drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for HOII and XRMI.

Drawdown Indicators

	HOII	XRMI	Difference
Max Drawdown Largest peak-to-trough decline	-55.38%	-15.31%	-40.07%
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	-46.63%	-0.20%	-46.43%
Average Drawdown Average peak-to-trough decline	-36.85%	-5.94%	-30.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.23%	—

Volatility

Volatility by Period

	HOII	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	70.36%	5.39%	+64.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.36%	6.91%	+63.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.36%	6.91%	+63.45%

HOII vs. XRMI - Expense Ratio Comparison

HOII has a 0.99% expense ratio, which is higher than XRMI's 0.60% expense ratio.

Dividends

HOII vs. XRMI - Dividend Comparison

HOII's dividend yield for the trailing twelve months is around 20.53%, more than XRMI's 12.62% yield.

Position	TTM	2025	2024	2023	2022	2021
HOII REX HOOD Growth & Income ETF	20.53%	4.41%	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 HOII and XRMI in my portfolio?

HOII and XRMI have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOII or XRMI?

On fees, XRMI is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOII or XRMI?

XRMI is cheaper with a 0.60% expense ratio, compared with 0.99% for HOII.

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

HOII has the higher dividend yield at 20.53%, compared with 12.62% for XRMI.

What is the main difference between HOII and XRMI?

They also come from different issuers: REX and Global X. Their fees differ too: 0.99% for HOII and 0.60% for XRMI.