Global X S&P 500 Risk Managed Income ETF (XRMI) Price, Holdings, & News

ETF Overview

The 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 managed by Global X.

Key Stats

• Today's Range: $17.76 to $17.92
• 50-Day Range: $17.59 to $17.95
• 52-Week Range: $17.38 to $19.64
• Volume: 4,973 shs
• Average Volume: 16,247 shs
• Market Capitalization: $44.86 million
• Assets Under Management: $45.05 million
• Dividend Yield: 12.64%
• Net Expense Ratio: 0.60%
• Aggregate Rating: Moderate Buy

XRMI ETF - Frequently Asked Questions

How have XRMI shares performed this year?

Global X S&P 500 Risk Managed Income ETF's stock was trading at $19.30 on January 1st, 2025. Since then, XRMI stock has decreased by 7.8% and is now trading at $17.80.

Who are Global X S&P 500 Risk Managed Income ETF's major shareholders?

Global X S&P 500 Risk Managed Income ETF's top institutional shareholders include Cetera Investment Advisers (4.79%), Envestnet Asset Management Inc. (4.51%), Kingsview Wealth Management LLC (1.89%) and SteelPeak Wealth LLC (1.74%).

How do I buy shares of Global X S&P 500 Risk Managed Income ETF?

Shares of XRMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Global X S&P 500 Risk Managed Income ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Global X S&P 500 Risk Managed Income ETF investors own include YieldMax COIN Option Income Strategy ETF (CONY), YieldMax NVDA Option Income Strategy ETF (NVDY), YieldMax META Option Income Strategy ETF (FBY), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF (QQQY), AGNC Investment (AGNC) and YieldMax AMD Option Income Strategy ETF (AMDY).

Fund Details

• Issuer: Global X
• Fund Name: Global X S&P 500 Risk Managed Income ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:XRMI
• Inception Date: 8/25/2021
• Fund Manager: John Belanger, Nam To, Wayne Xie, Kimberly Chan, Vanessa Yang
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: Cboe S&P 500 Risk Managed Income Index
• Category: Strategy
• Focus: Large Cap
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 509

Fund Statistics

• Assets Under Management: $45.05 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.02%

Administrator, Advisor and Custodian

• Administrator: Global X Management Company LLC
• Advisor: Global X Management Company LLC
• Custodian: Brown Brothers Harriman & Co.
• Distributor: SEI Investments Distribution Co.
• Transfer Agent: Brown Brothers Harriman & Co.
• Trustee: N/A
• Lead Market Maker: Susquehanna

Options

• Optionable: Optionable
• Options Volume: 1
• Put Options: 45
• Call Options: 1
• Short Interest: 15,700 shs

Miscellaneous

• Outstanding Shares: 2,520,000
• Beta: 0.35
• Creation Unit: 10,000
• Creation Fee: $2,000.00