OMAH vs. XRMI

Last updated Jun 4, 2026

OMAH (VistaShares Target 15™ Berkshire Select Income ETF) and XRMI (Global X S&P 500 Risk Managed Income ETF) are both Derivative Income funds. OMAH is actively managed, while XRMI is passively managed. Over the past year, OMAH returned 11.44% vs 9.48% for XRMI. At a 0.42 correlation, their price movements are largely independent. OMAH charges 0.95%/yr vs 0.60%/yr for XRMI.

Performance

OMAH vs. XRMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Target 15™ Berkshire Select Income ETF (OMAH) 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, OMAH achieves a 4.56% return, which is significantly higher than XRMI's 1.75% return.

OMAH

• 1D: -0.70%
• 1M: 0.44%
• YTD: 4.56%
• 6M: 4.00%
• 1Y: 11.44%
• 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)

OMAH vs. XRMI - Yearly Performance Comparison

	2026 (YTD)	2025
OMAH VistaShares Target 15™ Berkshire Select Income ETF	4.56%	6.74%
XRMI Global X S&P 500 Risk Managed Income ETF	1.75%	4.38%

Correlation

The correlation between OMAH and XRMI is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (All Time) Calculated using the full available price history since Mar 6, 2025	0.42

OMAH vs. XRMI - Sectors Allocation Comparison

Sectors	OMAH	XRMI
Financial Services	38.9%	11.8%
Consumer Defensive	16.2%	4.9%
Technology	13.6%	35.6%
Energy	10.5%	3.5%
Communication Services	9.8%	11.2%
Healthcare	7.0%	8.5%
Consumer Cyclical	4.1%	10.2%
Basic Materials	-	1.8%
Industrials	-	8.3%
Real Estate	-	1.9%
Utilities	-	2.4%

Return for Risk

OMAH vs. XRMI — Risk / Return Rank

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

OMAH

OMAH Risk / Return Rank: 49
OMAH Sharpe Ratio Rank: 39
OMAH Sortino Ratio Rank: 38
OMAH Omega Ratio Rank: 37
OMAH Calmar Ratio Rank: 75
OMAH Martin Ratio Rank: 54

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.

OMAH vs. XRMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15™ Berkshire Select Income ETF (OMAH) 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.

	OMAH	XRMI	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.78	-0.35
Sortino ratio: Return per unit of downside risk	2.02	2.48	-0.46
Omega ratio: Gain probability vs. loss probability	1.25	1.35	-0.10
Calmar ratio: Return relative to maximum drawdown	3.82	1.90	+1.93
Martin ratio: Return relative to average drawdown	9.48	7.70	+1.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OMAH vs. XRMI - Sharpe Ratio Comparison

The current OMAH Sharpe Ratio is 1.43, which is comparable to the XRMI Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of OMAH 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.

Sharpe Ratios by Period

	OMAH	XRMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	1.78	-0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.37	+0.33

Drawdowns

OMAH vs. XRMI - Drawdown Comparison

The maximum OMAH drawdown since its inception was -11.83%, smaller than the maximum XRMI drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for OMAH and XRMI.

Drawdown Indicators

	OMAH	XRMI	Difference
Max Drawdown Largest peak-to-trough decline	-11.83%	-15.31%	+3.48%
Max Drawdown (1Y) Largest decline over 1 year	-3.00%	-5.02%	+2.02%
Max Drawdown (3Y) Largest decline over 3 years	—	-8.34%	—
Current Drawdown Current decline from peak	-2.65%	-0.20%	-2.45%
Average Drawdown Average peak-to-trough decline	-1.26%	-5.94%	+4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.21%	1.23%	-0.02%

Volatility

OMAH vs. XRMI - Volatility Comparison

VistaShares Target 15™ Berkshire Select Income ETF (OMAH) has a higher volatility of 1.93% compared to Global X S&P 500 Risk Managed Income ETF (XRMI) at 0.89%. This indicates that OMAH'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

	OMAH	XRMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.93%	0.89%	+1.04%
Volatility (6M) Calculated over the trailing 6-month period	5.49%	4.21%	+1.28%
Volatility (1Y) Calculated over the trailing 1-year period	8.05%	5.39%	+2.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.21%	6.91%	+6.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.21%	6.91%	+6.30%

OMAH vs. XRMI - Expense Ratio Comparison

OMAH has a 0.95% expense ratio, which is higher than XRMI's 0.60% expense ratio.

Dividends

OMAH vs. XRMI - Dividend Comparison

OMAH's dividend yield for the trailing twelve months is around 15.44%, more than XRMI's 12.62% yield.

Position	TTM	2025	2024	2023	2022	2021
OMAH VistaShares Target 15™ Berkshire Select Income ETF	15.44%	12.86%	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 OMAH and XRMI in my portfolio?

OMAH and XRMI have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OMAH or XRMI?

OMAH has higher volatility (1.93%) compared to XRMI (0.89%). In terms of maximum drawdown, OMAH dropped -11.83% vs XRMI's -15.31%.

Which ETF is better, OMAH or XRMI?

On 1-year performance, OMAH leads with 11.44% vs 9.48% for XRMI. On fees, XRMI is cheaper at 0.60% per year. On volatility, XRMI has been the lower-risk option at 0.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OMAH or XRMI?

Over the 1-year period, OMAH has performed better with a 11.44% return vs 9.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OMAH or XRMI?

XRMI is cheaper with a 0.60% expense ratio, compared with 0.95% for OMAH.

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

OMAH has the higher dividend yield at 15.44%, compared with 12.62% for XRMI.

What is the main difference between OMAH and XRMI?

They also come from different issuers: VistaShares and Global X. Their fees differ too: 0.95% for OMAH and 0.60% for XRMI.

Which has better risk-adjusted returns?

XRMI currently has the higher Sharpe Ratio (1.78 vs 1.43), 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.