Global X S&P 500 Risk Managed Income ETF (XRMI)
| Assets | $21.83M |
| NAV | $23.99 |
| Expense Ratio | 0.60% |
| PE Ratio | 22.87 |
| Shares Out | 910,000 |
| Dividend (ttm) | $1.57 |
| Dividend Yield | 6.65% |
| Ex-Dividend Date | Apr 18, 2022 |
| 1-Year Return | -12.92% |
| Volume | 13,013 |
| Open | 23.43 |
| Previous Close | 23.98 |
| Day's Range | 23.31 - 23.56 |
| 52-Week Low | 23.31 |
| 52-Week High | 25.97 |
| Beta | -0.51 |
| Holdings | 509 |
| Inception Date | Aug 25, 2021 |
About XRMI
The fund invests at least 80% of its total assets in the securities of the Cboe S&P 500 Risk Managed Income Index (underlying index). The underlying index measures the performance of a risk managed income strategy that holds the underlying stocks of the S&P 500® Index and applies an options collar strategy (i.e., a mix of short (sold) call options and long (purchased) put options) on the S&P 500® Index.
Top 10 Holdings
30.34% of assets| Name | Symbol | Weight |
|---|---|---|
| SPX US 05/20/22 P4210 | N/A | 7.07% |
| Apple | AAPL | 5.96% |
| Microsoft | MSFT | 5.31% |
| Amazon.com | AMZN | 2.63% |
| Alphabet | GOOGL | 1.87% |
| Alphabet | GOOG | 1.71% |
| Tesla | TSLA | 1.66% |
| Berkshire Hathaway | BRK.B | 1.57% |
| Johnson & Johnson | JNJ | 1.30% |
| UnitedHealth Group | UNH | 1.26% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 18, 2022 | $0.2505 | Apr 26, 2022 |
| Mar 21, 2022 | $0.2528 | Mar 29, 2022 |
| Feb 22, 2022 | $0.19779 | Mar 2, 2022 |
| Jan 24, 2022 | $0.197 | Feb 1, 2022 |
| Dec 30, 2021 | $0.0715 | Jan 7, 2022 |
| Nov 22, 2021 | $0.2338 | Dec 1, 2021 |
News
Mitigate Risk in the S&P 500 and Derive Income From This ETF
In a risky market environment like today's, it's imperative to get proper hedging, but with safe haven assets like bonds heading lower, it helps to get strategic. This is where investors can benefit fro...
Three Global X ETFs With Built-in Risk Management
Investors can use options to hedge their positions, but it can be a complex affair. As such, three ETFs from Global X employ options in their funds as a built-in risk management component.
Global X Launches Six Options-Based ETFs for Current Market Environments
Global X ETFs announced in a press release the launch of six ETFs designed to help investors looking for options-based strategies in a period of low-yield increased volatility. The COVID-19 pandemic has...