Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
Global X S&P 500® Risk Managed Income ETF (XRMI)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: XRMI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 8.65% | Avg. Invested days 70 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.34 | 52 Weeks Range 16.14 - 18.68 | Updated Date 06/29/2025 |
52 Weeks Range 16.14 - 18.68 | Updated Date 06/29/2025 |
Upturn AI SWOT
Global X S&P 500® Risk Managed Income ETF
ETF Overview
Overview
The Global X S&P 500 Risk Managed Income ETF (XRMI) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 Risk Management Index. The fund aims to generate income while managing downside risk using a rules-based options overlay strategy on the S&P 500.
Reputation and Reliability
Global X is a well-known ETF provider with a history of offering innovative and thematic investment solutions.
Management Expertise
Global X has a team of experienced professionals dedicated to managing and developing ETF products.
Investment Objective
Goal
The primary investment goal of XRMI is to provide current income while managing downside risk relative to the S&P 500.
Investment Approach and Strategy
Strategy: XRMI employs a covered call strategy on the S&P 500 index to generate income, while dynamically adjusting exposure to the index based on market volatility.
Composition XRMI primarily holds US equity securities within the S&P 500, as well as options contracts related to the index.
Market Position
Market Share: Market share data for this specific niche is limited and constantly fluctuating.
Total Net Assets (AUM): 81262539
Competitors
Key Competitors
- QYLD
- JEPI
- RYLD
Competitive Landscape
The covered call ETF market is competitive, with various ETFs employing similar strategies on different indexes or with varying option parameters. XRMI competes with other income-generating ETFs, with advantages of S&P 500 exposure but disadvantages of complex option strategy. It is relatively smaller compared to JEPI and QYLD in terms of assets under management.
Financial Performance
Historical Performance: Historical performance data should be obtained from reliable financial data providers (e.g., Bloomberg, Yahoo Finance, Global X ETFs website).
Benchmark Comparison: The ETF's performance should be compared against the S&P 500 index and other relevant covered call ETFs.
Expense Ratio: 0.29
Liquidity
Average Trading Volume
The average trading volume indicates moderate liquidity, allowing investors to buy and sell shares without significant price impact.
Bid-Ask Spread
The bid-ask spread is usually tight, showing a low cost for trading the ETF during normal market hours.
Market Dynamics
Market Environment Factors
The ETF's performance is influenced by S&P 500 performance, market volatility (VIX), interest rates, and the demand for income-generating assets.
Growth Trajectory
The ETF's growth is linked to investor interest in income strategies and the attractiveness of its risk-managed approach.
Moat and Competitive Advantages
Competitive Edge
XRMI's competitive edge lies in its dual focus on income generation and risk management through a systematic options overlay. The ETF offers exposure to the S&P 500 while mitigating downside risk. It seeks to provide stable income in various market conditions. This combination appeals to investors seeking enhanced income and reduced volatility compared to the broader market. XRMI's managed risk component differentiates it.
Risk Analysis
Volatility
The ETF's volatility is expected to be lower than the S&P 500 due to the covered call strategy, but can be impacted by the volatility of the underlying index.
Market Risk
The ETF is subject to market risk, as its performance is tied to the S&P 500. Changes in market sentiment, economic conditions, and geopolitical events could impact its value.
Investor Profile
Ideal Investor Profile
XRMI is suited for income-seeking investors, those nearing retirement, and individuals looking to manage downside risk.
Market Risk
XRMI may be appropriate for long-term investors who prioritize income generation and risk management over capital appreciation.
Summary
The Global X S&P 500 Risk Managed Income ETF (XRMI) offers a blend of income generation and downside risk mitigation by employing a covered call strategy on the S&P 500. It aims to deliver consistent income stream, making it attractive for income seeking investors. The fund is actively managed to dynamically balance risk and returns. The risks are reduced and volatility is generally lower than that of S&P 500. However, the strategy may limit upside participation.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Global X ETFs website
- Bloomberg
- Yahoo Finance
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Global X S&P 500® Risk Managed Income ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.