LDRX vs. XRMI

Last updated Jun 14, 2026

LDRX (SGI Enhanced Market Leaders ETF) and XRMI (Global X S&P 500 Risk Managed Income ETF) are both Derivative Income funds. LDRX is actively managed, while XRMI is passively managed. Over the past year, LDRX returned 24.84% vs 9.15% for XRMI. A 0.68 correlation means they provide meaningful diversification when combined. LDRX charges 0.59%/yr vs 0.60%/yr for XRMI.

Performance

LDRX vs. XRMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SGI Enhanced Market Leaders ETF (LDRX) 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, LDRX achieves a 6.83% return, which is significantly higher than XRMI's 1.60% return.

LDRX

• 1D: 0.12%
• 1M: -1.49%
• YTD: 6.83%
• 6M: 7.43%
• 1Y: 24.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRMI

• 1D: 0.44%
• 1M: 0.75%
• YTD: 1.60%
• 6M: 2.27%
• 1Y: 9.15%
• 3Y*: 6.56%
• 5Y*: —
• 10Y*: —

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

LDRX vs. XRMI - Yearly Performance Comparison

	2026 (YTD)	2025
LDRX SGI Enhanced Market Leaders ETF	6.83%	23.63%
XRMI Global X S&P 500 Risk Managed Income ETF	1.60%	8.39%

Correlation

The correlation between LDRX and XRMI is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (All Time) Calculated using the full available price history since May 5, 2025	0.68

The correlation between LDRX and XRMI has been stable across timeframes, ranging from 0.68 to 0.68 - a consistent structural relationship.

Return for Risk

LDRX vs. XRMI — Risk / Return Rank

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

LDRX

LDRX Risk / Return Rank: 59
LDRX Sharpe Ratio Rank: 62
LDRX Sortino Ratio Rank: 61
LDRX Omega Ratio Rank: 61
LDRX Calmar Ratio Rank: 51
LDRX Martin Ratio Rank: 59

XRMI

XRMI Risk / Return Rank: 51
XRMI Sharpe Ratio Rank: 54
XRMI Sortino Ratio Rank: 53
XRMI Omega Ratio Rank: 58
XRMI Calmar Ratio Rank: 41
XRMI Martin Ratio Rank: 48

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.

LDRX vs. XRMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Market Leaders ETF (LDRX) 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.

	LDRX	XRMI	Difference
Sharpe ratio: Return per unit of total volatility	1.85	1.62	+0.23
Sortino ratio: Return per unit of downside risk	2.58	2.26	+0.31
Omega ratio: Gain probability vs. loss probability	1.33	1.31	+0.02
Calmar ratio: Return relative to maximum drawdown	2.29	1.78	+0.50
Martin ratio: Return relative to average drawdown	9.46	7.19	+2.27

LDRX vs. XRMI - Sharpe Ratio Comparison

The current LDRX Sharpe Ratio is 1.85, which is comparable to the XRMI Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of LDRX 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

LDRX vs. XRMI - Drawdown Comparison

The maximum LDRX drawdown since its inception was -10.62%, smaller than the maximum XRMI drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for LDRX and XRMI.

Drawdown Indicators

	LDRX	XRMI	Difference
Max Drawdown Largest peak-to-trough decline	-10.62%	-15.31%	+4.69%
Max Drawdown (1Y) Largest decline over 1 year	-10.62%	-5.02%	-5.60%
Max Drawdown (3Y) Largest decline over 3 years	—	-8.34%	—
Current Drawdown Current decline from peak	-3.70%	-0.34%	-3.36%
Average Drawdown Average peak-to-trough decline	-1.48%	-5.90%	+4.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	1.24%	+1.32%

Volatility

LDRX vs. XRMI - Volatility Comparison

SGI Enhanced Market Leaders ETF (LDRX) has a higher volatility of 4.51% compared to Global X S&P 500 Risk Managed Income ETF (XRMI) at 1.63%. This indicates that LDRX'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

	LDRX	XRMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.51%	1.63%	+2.88%
Volatility (6M) Calculated over the trailing 6-month period	10.32%	4.39%	+5.93%
Volatility (1Y) Calculated over the trailing 1-year period	13.14%	5.53%	+7.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.18%	6.92%	+6.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.18%	6.92%	+6.26%

LDRX vs. XRMI - Expense Ratio Comparison

LDRX has a 0.59% expense ratio, which is lower than XRMI's 0.60% expense ratio.

Dividends

LDRX vs. XRMI - Dividend Comparison

LDRX's dividend yield for the trailing twelve months is around 1.23%, less than XRMI's 12.64% yield.

Position	TTM	2025	2024	2023	2022	2021
LDRX SGI Enhanced Market Leaders ETF	1.23%	1.19%	0.00%	0.00%	0.00%	0.00%
XRMI Global X S&P 500 Risk Managed Income ETF	12.64%	12.35%	11.86%	12.62%	12.84%	2.93%

Frequently Asked Questions

Can I hold both LDRX and XRMI in my portfolio?

LDRX and XRMI have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LDRX or XRMI?

LDRX has higher volatility (4.51%) compared to XRMI (1.63%). In terms of maximum drawdown, LDRX dropped -10.62% vs XRMI's -15.31%.

Which ETF is better, LDRX or XRMI?

On 1-year performance, LDRX leads with 24.84% vs 9.15% for XRMI. On fees, LDRX is cheaper at 0.59% per year. On volatility, XRMI has been the lower-risk option at 1.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LDRX or XRMI?

Over the 1-year period, LDRX has performed better with a 24.84% return vs 9.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LDRX or XRMI?

LDRX is cheaper with a 0.59% expense ratio, compared with 0.60% for XRMI.

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

XRMI has the higher dividend yield at 12.64%, compared with 1.23% for LDRX.

What is the main difference between LDRX and XRMI?

They also come from different issuers: Summit Global Investments and Global X. Their fees differ too: 0.59% for LDRX and 0.60% for XRMI.

Which has better risk-adjusted returns?

LDRX currently has the higher Sharpe Ratio (1.85 vs 1.62), 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.