Global X S&P 500 Risk Managed Income ETF (XRMI)
| Assets | $42.74M |
| Expense Ratio | 0.60% |
| PE Ratio | 27.35 |
| Shares Out | 2.24M |
| Dividend (ttm) | $2.28 |
| Dividend Yield | 11.77% |
| Ex-Dividend Date | Nov 18, 2024 |
| Payout Ratio | 317.63% |
| 1-Year Return | +1.51% |
| Volume | 30,095 |
| Open | 19.14 |
| Previous Close | 19.15 |
| Day's Range | 19.12 - 19.51 |
| 52-Week Low | 18.03 |
| 52-Week High | 19.69 |
| Beta | 0.36 |
| Holdings | 507 |
| Inception Date | Aug 25, 2021 |
About XRMI
Fund Home PageThe Global X S&P 500 Risk Managed Income ETF (XRMI) is an exchange-traded fund that is based on the Cboe S&P 500 Risk Managed Income index. The fund tracks an index that holds S&P 500 stocks combined with an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis. XRMI was launched on Aug 25, 2021 and is issued by Global X.
Top 10 Holdings
37.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 7.63% |
| Microsoft Corporation | MSFT | 6.58% |
| NVIDIA Corporation | NVDA | 6.42% |
| Amazon.com, Inc. | AMZN | 4.17% |
| Meta Platforms, Inc. | META | 2.63% |
| Tesla, Inc. | TSLA | 2.47% |
| Alphabet Inc. | GOOGL | 2.23% |
| Broadcom Inc. | AVGO | 2.10% |
| Alphabet Inc. | GOOG | 1.85% |
| Berkshire Hathaway Inc. | BRK.B | 1.65% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 18, 2024 | $0.195 | n/a |
| Oct 21, 2024 | $0.190 | Oct 28, 2024 |
| Sep 23, 2024 | $0.193 | Sep 30, 2024 |
| Aug 19, 2024 | $0.189 | Aug 26, 2024 |
| Jul 22, 2024 | $0.188 | Jul 29, 2024 |
| Jun 24, 2024 | $0.190 | Jul 1, 2024 |
News
XRMI: A Strategy That's Not Working Out
The Global X S&P 500 Risk Managed Income ETF is a covered call fund that uses a collar strategy for protection. The collar strategy limits upside potential and may not provide effective protection in ...
XRMI: Risk Managed S&P 500 Return, Not Worth The Trouble
The Global X S&P 500 Risk Managed Income ETF seeks to provide investment results that correspond generally to the Cboe S&P 500 Risk Managed Income Index. XRMI does this by selling monthly at the money...
XRMI Vs. QRMI: 2 Risk-Managed ETFs Have Not Proved Themselves (Yet)
The Global X S&P 500 Risk Managed Income ETF invests based on the Cboe S&P 500 Risk Managed Income Index. The Global X NASDAQ 100 Risk Managed Income ETF invests based on the Nasdaq-100 Monthly Net Cr...
