KCOP vs. XRMI

Last updated Jun 4, 2026

KCOP (Kurv Copper & Mining Enhanced Income ETF) and XRMI (Global X S&P 500 Risk Managed Income ETF) are both Derivative Income funds. KCOP is actively managed, while XRMI is passively managed. A 0.70 correlation means they provide meaningful diversification when combined. KCOP charges 0.99%/yr vs 0.60%/yr for XRMI.

Performance

KCOP vs. XRMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Copper & Mining Enhanced Income ETF (KCOP) 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

KCOP

• 1D: -3.46%
• 1M: 14.96%
• 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)

KCOP vs. XRMI - Yearly Performance Comparison

	2026 (YTD)
KCOP Kurv Copper & Mining Enhanced Income ETF	4.75%
XRMI Global X S&P 500 Risk Managed Income ETF	1.04%

Correlation

The correlation between KCOP and XRMI is 0.70, 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 17, 2026	0.70

Return for Risk

KCOP 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.

KCOP vs. XRMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Copper & Mining Enhanced Income ETF (KCOP) 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

	KCOP	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	0.40	0.37	+0.03

Drawdowns

KCOP vs. XRMI - Drawdown Comparison

The maximum KCOP drawdown since its inception was -21.55%, which is greater than XRMI's maximum drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for KCOP and XRMI.

Drawdown Indicators

	KCOP	XRMI	Difference
Max Drawdown Largest peak-to-trough decline	-21.55%	-15.31%	-6.24%
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	-3.46%	-0.20%	-3.26%
Average Drawdown Average peak-to-trough decline	-8.60%	-5.94%	-2.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.23%	—

Volatility

Volatility by Period

	KCOP	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	42.13%	5.39%	+36.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.13%	6.91%	+35.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.13%	6.91%	+35.22%

KCOP vs. XRMI - Expense Ratio Comparison

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

Dividends

KCOP vs. XRMI - Dividend Comparison

KCOP's dividend yield for the trailing twelve months is around 3.54%, less than XRMI's 12.62% yield.

Position	TTM	2025	2024	2023	2022	2021
KCOP Kurv Copper & Mining Enhanced Income ETF	3.54%	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 KCOP and XRMI in my portfolio?

KCOP and XRMI have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KCOP 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, KCOP or XRMI?

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

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

XRMI has the higher dividend yield at 12.62%, compared with 3.54% for KCOP.

What is the main difference between KCOP and XRMI?

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