XRMI


S&P 500 Risk Managed Income ETF

Reasons to Consider XRMI

Alternative Income Source

XRMI seeks to generate an alternative source of income by selling covered calls.

Risk-Minded Approach

XRMI buys protective puts to mitigate the risks of a major market selloff.

Monthly Distributions

XRMI makes distributions on a monthly basis.

Key Information As of 02/02/23

Inception Date 08/25/21
Total Expense Ratio 0.60%
Net Assets $25.33 million
NAV $20.93
Fact Sheet

ETF Summary

The Global X S&P 500 Risk Managed Income ETF (XRMI) employs a protective net-credit collar1 strategy for investors seeking the income characteristics of a covered call fund, while mitigating the risks of a major market selloff with a protective put. XRMI seeks to achieve this outcome by owning the stocks in the S&P 500 Index (SPX), while buying 5% out-of-the-money put options2 on SPX and selling at-the-money call options on the same index.

ETF Objective

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 Managed Income Index.

Trading Details As of 02/02/23

Ticker XRMI
Bloomberg Index Ticker CLL1M
CUSIP 37960A206
ISIN US37960A2069
Primary Exchange NYSE Arca
Shares Outstanding 1,210,000
Number of Holdings 507
30-Day Median Bid-Ask Spread 0.34%

Distributions As of 02/02/23

30-Day SEC Yield 1.17%
12-Month Trailing Yield 13.33%
Distribution Yield 12.71%
Distribution Frequency Monthly

1A protective net-credit collar strategy is a mix of short (sold) call options and long (purchased) put options where the premiums received from the sale of the call options will be greater than the premium paid when buying the put options

2An out-of-the-money put option conveys the right, but not the obligation, to sell an underlying asset at a strike price below that underlying asset’s market price; an out-of-the-money call option conveys the right, but not the obligation, to buy an underlying asset at a strike price above that underlying asset’s market price (learn more)

ETF Prices As of 02/02/23

NAV $20.93 Daily Change $0.03 0.14%
Market Price $20.94 Daily Change $0.06 0.29%

Performance History

As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Index
1 Year -13.96% -14.04% -13.61%
Since Inception -8.95% -8.89% -8.60%
1 Year -8.25% -8.25% -7.67%
Since Inception -6.44% -6.45% -6.06%
Year-to-Date -13.96% -14.04% -13.61%
1 Month -1.97% -1.59% -1.92%
3 Months 0.36% 0.22% 0.47%
Since Inception -11.90% -11.82% -11.44%
Year-to-Date 3.16% 3.06% 3.22%
1 Month 3.16% 3.06% 3.22%
3 Months 2.10% 2.20% 2.26%
Since Inception -9.12% -9.12% -8.58%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Options Details As of 02/02/23

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Short S&P 500 Call Option -$25,914,511 3920 106.60% 02/17/2023 15
Long S&P 500 Put Option $25,914,511 3725 89.10% 02/17/2023 15
Short S&P 500 Mini Call Option -$1,044,940 392 106.60% 02/17/2023 15
Long S&P 500 Mini Put Option $1,044,940 373 89.20% 02/17/2023 15

Top Holdings As of 02/02/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.89 AAPL APPLE INC 2046251 150.82 11,570 1,744,987.40
6.03 MSFT MICROSOFT CORP 2588173 264.60 5,769 1,526,477.40
3.06 AMZN AMAZON.COM INC 2000019 112.91 6,867 775,352.97
1.96 GOOGL ALPHABET INC-CL A BYVY8G0 107.74 4,616 497,327.84
1.76 GOOG ALPHABET INC-CL C BYY88Y7 108.80 4,096 445,644.80
1.72 BRK/B BERKSHIRE HATH-B 2073390 311.86 1,400 436,604.00
1.65 NVDA NVIDIA CORP 2379504 217.09 1,927 418,332.43
1.55 TSLA TESLA INC B616C79 188.27 2,085 392,542.95
1.40 XOM EXXON MOBIL CORP 2326618 111.15 3,180 353,457.00
1.34 UNH UNITEDHEALTH GROUP INC 2917766 470.83 723 340,410.09
1.32 JNJ JOHNSON & JOHNSON 2475833 165.54 2,025 335,218.50
1.30 META META PLATFORMS INC B7TL820 188.77 1,743 329,026.11
1.25 JPM JPMORGAN CHASE & CO 2190385 138.94 2,271 315,532.74
1.15 V VISA INC-CLASS A SHARES B2PZN04 229.56 1,265 290,393.40
1.08 HD HOME DEPOT INC 2434209 339.79 801 272,171.79
1.03 PG PROCTER & GAMBLE CO/THE 2704407 142.17 1,841 261,734.97
0.97 MA MASTERCARD INC - A B121557 374.94 655 245,585.70
0.92 CVX CHEVRON CORP 2838555 169.01 1,371 231,712.71
0.80 MRK MERCK & CO. INC. 2778844 103.46 1,968 203,609.28
0.80 LLY ELI LILLY & CO 2516152 330.70 613 202,719.10
0.78 ABBV ABBVIE INC B92SR70 144.84 1,371 198,575.64
0.77 BAC BANK OF AMERICA CORP 2295677 36.13 5,427 196,077.51
0.77 AVGO BROADCOM INC BDZ78H9 605.77 320 193,846.40
0.76 PFE PFIZER INC 2684703 44.34 4,365 193,544.10
0.72 TMO THERMO FISHER 2886907 587.07 311 182,578.77
0.72 KO COCA-COLA CO/THE 2206657 60.28 3,026 182,407.28
0.72 PEP PEPSICO INC 2681511 169.97 1,073 182,377.81
0.72 COST COSTCO WHOLESALE CORP 2701271 523.43 346 181,106.78
0.63 DIS WALT DISNEY CO/THE 2270726 113.21 1,414 160,078.94
0.62 CSCO CISCO SYSTEMS INC 2198163 49.32 3,186 157,133.52
0.62 WMT WALMART INC 2936921 143.62 1,092 156,833.04
0.60 ABT ABBOTT LABORATORIES 2002305 112.25 1,352 151,762.00
0.60 MCD MCDONALD'S CORP 2550707 263.21 573 150,819.33
0.57 ACN ACCENTURE PLC-CL A B4BNMY3 294.10 487 143,226.70
0.56 ADBE ADOBE INC 2008154 392.23 361 141,595.03
0.55 WFC WELLS FARGO & CO 2649100 47.23 2,941 138,903.43
0.55 CMCSA COMCAST CORP-CLASS A 2044545 41.11 3,367 138,417.37
0.54 DHR DANAHER CORP 2250870 270.68 506 136,964.08
0.54 VZ VERIZON COMMUNIC 2090571 41.83 3,261 136,407.63
0.53 CRM SALESFORCE INC 2310525 174.64 768 134,123.52
0.51 TXN TEXAS INSTRUMENTS INC 2885409 184.72 704 130,042.88
0.50 NFLX NETFLIX INC 2857817 366.89 346 126,943.94
0.50 LIN LINDE PLC BZ12WP8 332.05 381 126,511.05
0.50 NKE NIKE INC -CL B 2640147 129.06 973 125,575.38
0.49 PM PHILIP MORRIS IN B2PKRQ3 103.51 1,204 124,626.04
0.47 BMY BRISTOL-MYERS SQUIBB CO 2126335 72.77 1,649 119,997.73
0.46 NEE NEXTERA ENERGY INC 2328915 75.60 1,546 116,877.60
0.46 QCOM QUALCOMM INC 2714923 135.85 858 116,559.30
0.44 T AT&T INC 2831811 20.28 5,515 111,844.20
0.43 RTX RAYTHEON TECHNOL BM5M5Y3 96.96 1,127 109,273.92
0.43 UPS UNITED PARCEL-B 2517382 191.29 569 108,844.01
0.43 AMD ADVANCED MICRO DEVICES 2007849 88.31 1,231 108,709.61
0.43 COP CONOCOPHILLIPS 2685717 111.30 974 108,406.20
0.42 HON HONEYWELL INTL 2020459 207.38 514 106,593.32
0.42 ORCL ORACLE CORP 2661568 89.38 1,190 106,362.20
0.42 LOW LOWE'S COS INC 2536763 221.56 480 106,348.80
0.40 UNP UNION PACIFIC CORP 2914734 213.41 477 101,796.57
0.40 AMGN AMGEN INC 2023607 246.53 408 100,584.24
0.40 MS MORGAN STANLEY 2262314 99.21 1,011 100,301.31
0.39 INTU INTUIT INC 2459020 452.16 220 99,475.20
0.39 SPGI S&P GLOBAL INC BYV2325 383.16 259 99,238.44
0.39 CAT CATERPILLAR INC 2180201 244.90 402 98,449.80
0.38 PLD PROLOGIS INC B44WZD7 134.49 715 96,160.35
0.38 INTC INTEL CORP 2463247 30.19 3,185 96,155.15
0.38 GS GOLDMAN SACHS GROUP INC 2407966 369.47 260 96,062.20
0.38 IBM IBM 2005973 136.39 702 95,745.78
0.38 SBUX STARBUCKS CORP 2842255 109.15 874 95,397.10
0.36 ELV ELEVANCE HEALTH INC BSPHGL4 480.41 191 91,758.31
0.36 BLK BLACKROCK INC 2494504 770.73 119 91,716.87
0.36 BA BOEING CO/THE 2108601 209.34 438 91,690.92
0.36 SCHW SCHWAB (CHARLES) CORP 2779397 76.62 1,182 90,564.84
0.35 MDT MEDTRONIC PLC BTN1Y11 87.58 1,010 88,455.80
0.35 DE DEERE & CO 2261203 406.55 215 87,408.25
0.34 CVS CVS HEALTH CORP 2577609 86.18 1,010 87,041.80
0.32 AMAT APPLIED MATERIALS INC 2046552 124.26 650 80,769.00
0.32 AMT AMERICAN TOWER CORP B7FBFL2 227.39 355 80,723.45
0.31 LMT LOCKHEED MARTIN CORP 2522096 457.19 174 79,551.06
0.31 AXP AMERICAN EXPRESS CO 2026082 173.13 457 79,120.41
0.31 GILD GILEAD SCIENCES INC 2369174 81.39 969 78,866.91
0.30 PYPL PAYPAL HOLDINGS INC BYW36M8 86.96 879 76,437.84
0.30 C CITIGROUP INC 2297907 51.71 1,473 76,168.83
0.30 NOW SERVICENOW INC B80NXX8 491.27 153 75,164.31
0.29 ADP AUTOMATIC DATA PROCESSING 2065308 228.99 325 74,421.75
0.28 SYK STRYKER CORP 2853688 282.48 255 72,032.40
0.28 TJX TJX COMPANIES INC 2989301 80.39 890 71,547.10
0.28 CI CIGNA CORP BHJ0775 301.53 237 71,462.61
0.28 ISRG INTUITIVE SURGICAL INC 2871301 260.90 271 70,703.90
0.28 ADI ANALOG DEVICES INC 2032067 179.30 394 70,644.20
0.28 GE GENERAL ELECTRIC CO BL59CR9 83.94 835 70,089.90
0.27 MDLZ MONDELEZ INTER-A B8CKK03 66.66 1,043 69,526.38
0.27 TMUS T-MOBILE US INC B94Q9V0 146.95 458 67,303.10
0.27 CB CHUBB LTD B3BQMF6 210.17 319 67,044.23
0.26 REGN REGENERON PHARMACEUTICALS 2730190 751.20 89 66,856.80
0.26 MMC MARSH & MCLENNAN COS 2567741 175.32 379 66,446.28
0.26 BKNG BOOKING HOLDINGS INC BDRXDB4 2,454.69 27 66,276.63
0.25 MO ALTRIA GROUP INC 2692632 46.97 1,365 64,114.05
0.25 TGT TARGET CORP 2259101 181.02 352 63,719.04
0.25 VRTX VERTEX PHARM 2931034 303.78 208 63,186.24
0.24 ZTS ZOETIS INC B95WG16 171.00 355 60,705.00
0.24 PGR PROGRESSIVE CORP 2705024 134.97 445 60,061.65
0.24 DUK DUKE ENERGY CORP B7VD3F2 102.04 584 59,591.36
0.24 EQIX EQUINIX INC BVLZX12 752.98 79 59,485.42
0.24 SO SOUTHERN CO/THE 2829601 68.62 866 59,424.92
0.23 BDX BECTON DICKINSON AND CO 2087807 248.47 229 56,899.63
0.22 LRCX LAM RESEARCH CORP 2502247 541.04 104 56,268.16
0.22 SLB SCHLUMBERGER LTD 2779201 52.29 1,073 56,107.17
0.22 EOG EOG RESOURCES INC 2318024 124.75 446 55,638.50
0.22 CASH 1.00 54,482 54,482.11
0.21 ITW ILLINOIS TOOL WORKS 2457552 250.54 214 53,615.56
0.21 MU MICRON TECHNOLOGY INC 2588184 63.17 835 52,746.95
0.21 CSX CSX CORP 2160753 32.64 1,609 52,517.76
0.21 FISV FISERV INC 2342034 107.60 484 52,078.40
0.21 BSX BOSTON SCIENTIFIC CORP 2113434 48.07 1,082 52,011.74
0.21 PNC PNC FINANCIAL SE 2692665 166.17 312 51,845.04
0.20 AON AON PLC-CLASS A BLP1HW5 323.00 159 51,357.00
0.20 MMM 3M CO 2595708 120.29 421 50,642.09
0.20 HUM HUMANA INC 2445063 489.77 103 50,446.31
0.20 TFC TRUIST FINANCIAL CORP BKP7287 50.39 1,000 50,390.00
0.20 USB US BANCORP 2736035 49.15 1,023 50,280.45
0.20 CCI Crown Castle Inc BTGQCX1 152.54 328 50,033.12
0.20 APD AIR PRODS & CHEM 2011602 295.50 167 49,348.50
0.19 ETN EATON CORP PLC B8KQN82 161.96 303 49,073.88
0.19 NOC NORTHROP GRUMMAN CORP 2648806 440.86 111 48,935.46
0.19 CME CME GROUP INC 2965839 176.00 271 47,694.65
0.19 SHW SHERWIN-WILLIAMS CO/THE 2804211 245.35 194 47,597.90
0.19 FCX FREEPORT-MCMORAN INC 2352118 43.71 1,077 47,075.67
0.18 CL COLGATE-PALMOLIVE CO 2209106 73.73 630 46,449.90
0.18 EL ESTEE LAUDER 2320524 268.41 173 46,434.93
0.18 ICE INTERCONTINENTAL BFSSDS9 108.33 423 45,823.59
0.18 GM GENERAL MOTORS CO B665KZ5 41.50 1,100 45,650.00
0.18 NSC NORFOLK SOUTHERN CORP 2641894 254.84 176 44,851.84
0.18 MRNA MODERNA INC BGSXTS3 176.35 254 44,792.90
0.18 KLAC KLA CORP 2480138 414.26 107 44,325.82
0.17 ATVI ACTIVISION BLIZZARD INC 2575818 77.11 567 43,721.37
0.17 MPC MARATHON PETROLEUM CORP B3K3L40 119.90 362 43,403.80
0.17 F FORD MOTOR CO 2615468 14.32 2,979 42,659.28
0.17 WM WASTE MANAGEMENT INC 2937667 150.34 283 42,546.22
0.17 SNPS SYNOPSYS INC 2867719 368.59 115 42,387.85
0.16 HCA HCA HEALTHCARE INC B4MGBG6 257.99 161 41,536.39
0.16 EMR EMERSON ELECTRIC CO 2313405 91.48 447 40,891.56
0.16 PXD PIONEER NATURAL 2690830 220.00 182 40,040.00
0.16 MCK MCKESSON CORP 2378534 366.48 109 39,946.32
0.16 MSCI MSCI INC B2972D2 568.44 70 39,790.80
0.16 PSA PUBLIC STORAGE 2852533 311.46 127 39,555.42
0.16 EW EDWARDS LIFESCIENCES CORP 2567116 84.51 466 39,381.66
0.16 DG DOLLAR GENERAL CORP B5B1S13 231.31 170 39,322.70
0.16 MCO MOODY'S CORP 2252058 329.49 119 39,209.31
0.15 CDNS CADENCE DESIGN SYS INC 2302232 189.22 206 38,979.32
0.15 GD GENERAL DYNAMICS CORP 2365161 231.41 168 38,876.88
0.15 NXPI NXP SEMICONDUCTORS NV B505PN7 196.16 198 38,839.68
0.15 FDX FEDEX CORP 2142784 214.50 181 38,824.50
0.15 D DOMINION ENERGY INC 2542049 62.00 626 38,812.00
0.15 ROP ROPER TECHNOLOGIES INC 2749602 432.55 89 38,496.95
0.15 SRE SEMPRA ENERGY 2138158 161.13 237 38,187.81
0.15 VLO VALERO ENERGY CORP 2041364 133.05 287 38,185.35
0.15 APH AMPHENOL CORP-CL A 2145084 82.09 462 37,925.58
0.15 CHTR CHARTER COMMUN-A BZ6VT82 412.25 90 37,102.50
0.15 AEP AMERICAN ELECTRIC POWER 2026242 94.55 392 37,063.60
0.15 MAR MARRIOTT INTL-A 2210614 176.17 210 36,995.70
0.15 ADSK AUTODESK INC 2065159 228.22 162 36,971.64
0.14 COF CAPITAL ONE FINA 2654461 121.22 298 36,123.56
0.14 PSX PHILLIPS 66 B78C4Y8 98.98 362 35,830.76
0.14 FIS FIDELITY NATIONA 2769796 77.81 458 35,636.98
0.14 A AGILENT TECHNOLOGIES INC 2520153 155.50 229 35,609.50
0.14 OXY OCCIDENTAL PETROLEUM CORP 2655408 62.47 563 35,170.61
0.14 MET METLIFE INC 2573209 69.71 504 35,133.84
0.14 MCHP MICROCHIP TECHNOLOGY INC 2592174 84.53 415 35,079.95
0.14 ADM ARCHER-DANIELS-MIDLAND CO 2047317 82.31 424 34,899.44
0.14 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 805.66 43 34,643.38
0.14 NUE NUCOR CORP 2651086 176.68 196 34,629.28
0.14 O REALTY INCOME CORP 2724193 67.86 503 34,133.58
0.14 GIS GENERAL MILLS INC 2367026 75.90 449 34,079.10
0.13 IQV IQVIA HOLDINGS INC BDR73G1 240.65 141 33,931.65
0.13 AIG AMERICAN INTERNA 2027342 59.03 572 33,765.16
0.13 KMB KIMBERLY-CLARK CORP 2491839 130.18 258 33,586.44
0.13 CTVA CORTEVA INC BK73B42 62.00 541 33,542.00
0.13 CTAS CINTAS CORP 2197137 444.81 75 33,360.75
0.13 JCI JOHNSON CONTROLS BY7QL61 64.57 516 33,318.12
0.13 SPG SIMON PROPERTY GROUP INC 2812452 131.79 251 33,079.29
0.13 TT TRANE TECHNOLOGIES PLC BK9ZQ96 185.65 177 32,860.05
0.13 IDXX IDEXX LABORATORIES INC 2459202 504.22 65 32,774.30
0.13 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 255.92 128 32,757.76
0.13 PH PARKER HANNIFIN CORP 2671501 337.55 97 32,742.35
0.13 CNC CENTENE CORP 2807061 72.57 447 32,438.79
0.13 TEL TE CONNECTIVITY LTD B62B7C3 134.95 239 32,253.05
0.13 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 212.04 152 32,230.08
0.13 CMG CHIPOTLE MEXICAN B0X7DZ3 1,689.67 19 32,103.73
0.13 AZO AUTOZONE INC 2065955 2,443.55 13 31,766.15
0.13 DXCM DEXCOM INC B0796X4 108.03 293 31,652.79
0.13 AJG ARTHUR J GALLAGHER & CO 2359506 194.68 162 31,538.16
0.12 DOW DOW INC BHXCF84 59.95 524 31,413.80
0.12 BIIB BIOGEN INC 2455965 287.52 109 31,339.68
0.12 PCAR PACCAR INC 2665861 111.61 280 31,250.80
0.12 EXC EXELON CORP 2670519 41.89 741 31,040.49
0.12 NEM NEWMONT CORP 2636607 52.43 592 31,038.56
0.12 ROST ROSS STORES INC 2746711 116.09 265 30,763.85
0.12 WMB WILLIAMS COS INC 2967181 32.21 943 30,374.03
0.12 TRV TRAVELERS COS INC/THE 2769503 181.75 167 30,352.25
0.12 HLT HILTON WORLDWIDE BYVMW06 147.09 206 30,300.54
0.12 DVN DEVON ENERGY CORP 2480677 60.95 491 29,926.45
0.12 PAYX PAYCHEX INC 2674458 120.60 247 29,788.20
0.12 AFL AFLAC INC 2026361 68.90 432 29,764.80
0.12 ECL ECOLAB INC 2304227 159.32 186 29,633.52
0.12 CARR CARRIER GLOBAL CORP BK4N0D7 47.13 627 29,550.51
0.12 MNST MONSTER BEVERAGE CORP BZ07BW4 102.58 287 29,440.46
0.12 SYY SYSCO CORP 2868165 77.13 381 29,386.53
0.12 KMI KINDER MORGAN INC B3NQ4P8 18.45 1,576 29,077.20
0.12 HES HESS CORP 2023748 138.78 209 29,005.02
0.11 WELL WELLTOWER INC BYVYHH4 76.27 379 28,906.33
0.11 AMP AMERIPRISE FINANCIAL INC B0J7D57 347.71 82 28,512.22
0.11 PRU PRUDENTIAL FINANCIAL INC 2819118 102.82 277 28,481.14
0.11 HSY HERSHEY CO/THE 2422806 234.42 121 28,364.82
0.11 XEL XCEL ENERGY INC 2614807 69.56 406 28,241.36
0.11 STZ CONSTELLATION-A 2170473 232.45 120 27,894.00
0.11 HAL HALLIBURTON CO 2405302 38.56 722 27,840.32
0.11 DD DUPONT DE NEMOURS INC BK0VN47 74.54 373 27,803.42
0.11 BK BANK NY MELLON B1Z77F6 50.17 548 27,493.16
0.11 CTSH COGNIZANT TECH-A 2257019 70.66 389 27,486.74
0.11 ALL ALLSTATE CORP 2019952 131.89 208 27,433.12
0.11 YUM YUM! BRANDS INC 2098876 128.21 213 27,308.73
0.11 ILMN ILLUMINA INC 2613990 224.94 121 27,217.74
0.11 TDG TRANSDIGM GROUP INC B11FJK3 711.84 38 27,049.92
0.11 CMI CUMMINS INC 2240202 256.51 105 26,933.55
0.11 DLR DIGITAL REALTY TRUST INC B03GQS4 119.92 224 26,862.08
0.10 ON ON SEMICONDUCTOR 2583576 82.12 322 26,442.64
0.10 DLTR DOLLAR TREE INC 2272476 157.02 168 26,379.36
0.10 OTIS OTIS WORLDWIDE CORP BK531S8 83.86 314 26,332.04
0.10 FTNT FORTINET INC B5B2106 53.85 487 26,222.52
0.10 CSGP COSTAR GROUP INC 2262864 80.01 326 26,083.26
0.10 ODFL OLD DOMINION FREIGHT LINE 2656423 371.41 70 25,998.70
0.10 RMD RESMED INC 2732903 226.61 114 25,833.54
0.10 WBD WARNER BROS DISCOVERY INC BM8JYX3 15.92 1,621 25,806.32
0.10 ED CONSOLIDATED EDISON INC 2216850 95.16 270 25,693.20
0.10 SBAC SBA COMMUNICATIONS CORP BZ6TS23 308.09 83 25,571.47
0.10 ALB ALBEMARLE CORP 2046853 290.15 88 25,533.20
0.10 BKR BAKER HUGHES CO BDHLTQ5 31.20 813 25,365.60
0.10 ENPH ENPHASE ENERGY INC B65SQW4 227.70 111 25,274.70
0.10 PPG PPG INDUSTRIES INC 2698470 134.43 188 25,272.84
0.10 ANET ARISTA NETWORKS INC BN33VM5 133.44 189 25,220.16
0.10 ROK ROCKWELL AUTOMATION INC 2754060 291.16 86 25,039.76
0.10 STT STATE STREET CORP 2842040 92.37 271 25,032.27
0.10 OKE ONEOK INC 2130109 68.71 363 24,941.73
0.10 CPRT COPART INC 2208073 69.75 357 24,900.75
0.10 AME AMETEK INC 2089212 144.52 171 24,712.92
0.10 VICI VICI PROPERTIES INC BYWH073 34.55 714 24,668.70
0.10 FAST FASTENAL CO 2332262 55.29 446 24,659.34
0.10 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 182.18 133 24,229.94
0.10 DHI DR HORTON INC 2250687 102.94 233 23,985.02
0.10 DFS DISCOVER FINANCI B1YLC43 117.95 203 23,943.85
0.09 APTV APTIV PLC B783TY6 118.68 201 23,854.68
0.09 GPN GLOBAL PAYMENTS INC 2712013 116.15 205 23,810.75
0.09 MTD METTLER-TOLEDO 2126249 1,583.88 15 23,758.20
0.09 KHC KRAFT HEINZ CO/THE BYRY499 39.99 591 23,634.09
0.09 AWK AMERICAN WATER W B2R3PV1 160.60 145 23,287.00
0.09 URI UNITED RENTALS INC 2134781 456.20 51 23,266.20
0.09 ES EVERSOURCE ENERGY BVVN4Q8 83.40 278 23,185.20
0.09 EA ELECTRONIC ARTS INC 2310194 115.99 198 22,966.02
0.09 PEG PUB SERV ENTERP 2707677 62.13 369 22,925.97
0.09 CEG CONSTELLATION ENERGY BMH4FS1 85.33 268 22,868.44
0.09 KDP KEURIG DR PEPPER INC BD3W133 35.21 647 22,780.87
0.09 KR KROGER CO 2497406 44.97 501 22,529.97
0.09 IFF INTL FLAVORS & FRAGRANCES 2464165 116.70 192 22,406.40
0.09 WEC WEC ENERGY GROUP INC BYY8XK8 94.92 234 22,211.28
0.09 MTB M & T BANK CORP 2340168 156.02 141 21,998.82
0.09 GLW CORNING INC 2224701 36.29 601 21,810.29
0.09 VRSK VERISK ANALYTICS INC B4P9W92 187.02 116 21,694.32
0.09 IT GARTNER INC 2372763 348.54 62 21,609.48
0.09 WY WEYERHAEUSER CO 2958936 35.71 605 21,604.55
0.09 CBRE CBRE GROUP INC - A B6WVMH3 88.54 244 21,603.76
0.09 TROW T ROWE PRICE GROUP INC 2702337 128.75 167 21,501.25
0.08 ZBH ZIMMER BIOMET HO 2783815 127.41 167 21,277.47
0.08 EFX EQUIFAX INC 2319146 230.65 92 21,219.80
0.08 WBA WALGREENS BOOTS BTN1Y44 37.71 559 21,079.89
0.08 FRC FIRST REPUBLIC BANK/CA B4WHY15 147.00 143 21,021.00
0.08 GWW WW GRAINGER INC 2380863 675.57 31 20,942.67
0.08 WTW WILLIS TOWERS WATSON PLC BDB6Q21 254.76 82 20,890.32
0.08 EBAY EBAY INC 2293819 51.66 403 20,818.98
0.08 HPQ HP INC BYX4D52 30.79 672 20,690.88
0.08 ARE ALEXANDRIA REAL 2009210 170.82 121 20,669.22
0.08 DAL DELTA AIR LINES INC B1W9D46 39.90 508 20,269.20
0.08 LEN LENNAR CORP-A 2511920 108.08 187 20,210.96
0.08 PCG P G & E CORP 2689560 15.63 1,293 20,209.59
0.08 CDW CDW CORP/DE BBM5MD6 202.08 100 20,208.00
0.08 AVB AVALONBAY COMMUNITIES INC 2131179 184.50 109 20,110.50
0.08 FITB FIFTH THIRD BANCORP 2336747 37.85 524 19,833.40
0.08 RSG REPUBLIC SERVICES INC 2262530 122.54 161 19,728.94
0.08 BAX BAXTER INTERNATIONAL INC 2085102 47.01 416 19,556.16
0.08 STE STERIS PLC BFY8C75 220.86 88 19,435.68
0.08 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 70.65 274 19,358.11
0.08 DOV DOVER CORP 2278407 159.12 121 19,253.52
0.08 ABC AMERISOURCEBERGEN CORP 2795393 158.47 121 19,174.87
0.08 EIX EDISON INTERNATIONAL 2829515 68.74 278 19,109.72
0.08 ALGN ALIGN TECHNOLOGY INC 2679204 359.88 53 19,073.64
0.08 TSCO TRACTOR SUPPLY COMPANY 2900335 230.90 82 18,933.80
0.07 ACGL ARCH CAPITAL GROUP LTD 2740542 61.35 304 18,650.40
0.07 FANG DIAMONDBACK ENERGY INC B7Y8YR3 137.57 135 18,571.95
0.07 GPC GENUINE PARTS CO 2367480 170.75 108 18,441.00
0.07 HOLX HOLOGIC INC 2433530 84.44 218 18,407.92
0.07 VMC VULCAN MATERIALS CO 2931205 187.52 98 18,376.96
0.07 ANSS ANSYS INC 2045623 282.50 65 18,362.50
0.07 PWR QUANTA SERVICES INC 2150204 151.68 121 18,353.28
0.07 HBAN HUNTINGTON BANCSHARES INC 2445966 15.50 1,182 18,321.00
0.07 EQR EQUITY RESIDENTIAL 2319157 66.35 276 18,312.60
0.07 ULTA ULTA BEAUTY INC B28TS42 520.83 35 18,229.05
0.07 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 96.36 187 18,019.32
0.07 FTV FORTIVE CORP BYT3MK1 67.81 265 17,969.65
0.07 RF REGIONS FINANCIAL CORP B01R311 23.95 750 17,962.50
0.07 LUV SOUTHWEST AIRLINES CO 2831543 36.82 484 17,820.88
0.07 PPL PPL CORP 2680905 29.39 605 17,780.95
0.07 AEE AMEREN CORPORATION 2050832 86.73 204 17,692.92
0.07 HIG HARTFORD FINL SV 2476193 74.43 237 17,639.91
0.07 ETR ENTERGY CORP 2317087 110.55 158 17,466.90
0.07 DTE DTE ENERGY COMPANY 2280220 114.71 152 17,435.92
0.07 HPE HEWLETT PACKA BYVYWS0 16.41 1,061 17,411.01
0.07 LH LABORATORY CP 2586122 254.99 67 17,084.33
0.07 EXR EXTRA SPACE STORAGE INC B02HWR9 165.11 101 16,676.11
0.07 VTR VENTAS INC 2927925 53.00 314 16,642.00
0.07 IR INGERSOLL-RAND INC BL5GZ82 56.01 296 16,578.96
0.07 STLD STEEL DYNAMICS INC 2849472 125.85 130 16,360.50
0.06 NTRS NORTHERN TRUST CORP 2648668 98.09 166 16,282.94
0.06 INVH INVITATION HOMES INC BD81GW9 33.91 476 16,141.16
0.06 FE FIRSTENERGY CORP 2100920 41.00 393 16,113.00
0.06 PKI PERKINELMER INC 2305844 144.38 111 16,026.18
0.06 CFG CITIZENS FINANCIAL GROUP BQRX1X3 44.46 360 16,005.60
0.06 XYL XYLEM INC B3P2CN8 105.93 151 15,995.43
0.06 RJF RAYMOND JAMES 2718992 108.83 146 15,889.18
0.06 TSN TYSON FOODS INC-CL A 2909730 65.13 242 15,761.46
0.06 PFG PRINCIPAL FINANCIAL GROUP 2803014 92.87 168 15,602.16
0.06 MLM MARTIN MARIETTA MATERIALS 2572079 370.23 42 15,549.66
0.06 CHD CHURCH & DWIGHT CO INC 2195841 79.81 194 15,483.14
0.06 CMS CMS ENERGY CORP 2219224 63.72 242 15,420.24
0.06 VRSN VERISIGN INC 2142922 222.37 69 15,343.53
0.06 SIVB SVB FINANCIAL GROUP 2808053 333.50 46 15,341.00
0.06 CLX CLOROX COMPANY 2204026 141.00 108 15,228.00
0.06 WAB WABTEC CORP 2955733 105.46 144 15,186.24
0.06 CAH CARDINAL HEALTH INC 2175672 76.28 199 15,179.72
0.06 EPAM EPAM SYSTEMS INC B44Z3T8 379.34 40 15,173.60
0.06 BBY BEST BUY CO INC 2094670 91.42 165 15,084.30
0.06 AMCR AMCOR PLC BJ1F307 12.20 1,234 15,054.80
0.06 KEY KEYCORP 2490911 20.05 750 15,037.50
0.06 CTRA COTERRA ENERGY INC 2162340 24.73 607 15,011.11
0.06 NDAQ NASDAQ INC 2965107 60.57 247 14,960.79
0.06 K KELLOGG CO 2486813 67.63 221 14,946.23
0.06 TTWO TAKE-TWO INTERAC 2122117 114.72 130 14,913.60
0.06 AES AES CORP 2002479 26.52 562 14,904.24
0.06 MKC MCCORMICK-N/V 2550161 74.97 198 14,844.06
0.06 BALL BALL CORP 2073022 60.89 242 14,735.38
0.06 EXPE EXPEDIA GROUP INC B748CK2 121.45 121 14,695.45
0.06 FSLR FIRST SOLAR INC B1HMF22 168.67 87 14,674.29
0.06 WST WEST PHARMACEUT 2950482 281.88 52 14,657.76
0.06 MAA MID-AMERICA APAR 2589132 174.11 84 14,625.24
0.06 ATO ATMOS ENERGY CORP 2315359 119.55 121 14,465.55
0.06 ETSY ETSY INC BWTN5N1 148.20 97 14,375.40
0.06 DRI DARDEN RESTAURANTS INC 2289874 147.92 97 14,348.24
0.06 CNP CENTERPOINT ENERGY INC 2440637 29.78 481 14,324.18
0.06 MPWR MONOLITHIC POWER B01Z7J1 473.96 30 14,218.80
0.06 EXPD EXPEDITORS INTL WASH INC 2325507 118.87 119 14,145.53
0.06 CINF CINCINNATI FINANCIAL CORP 2196888 115.41 121 13,964.61
0.06 TDY TELEDYNE TECHNOLOGIES INC 2503477 434.03 32 13,888.96
0.05 WAT WATERS CORP 2937689 344.24 40 13,769.60
0.05 SWKS SKYWORKS SOLUTIONS INC 2961053 113.38 121 13,718.98
0.05 IRM IRON MOUNTAIN INC BVFTF03 56.63 242 13,704.46
0.05 LVS LAS VEGAS SANDS CORP B02T2J7 57.40 238 13,661.20
0.05 TRGP TARGA RESOURCES CORP B55PZY3 74.77 182 13,608.14
0.05 CF CF INDUSTRIES HO B0G4K50 85.03 160 13,604.80
0.05 TER TERADYNE INC 2884183 111.54 121 13,496.34
0.05 BR BROADRIDGE FINL B1VP7R6 153.29 88 13,489.52
0.05 TRMB TRIMBLE INC 2903958 61.71 218 13,452.78
0.05 INCY INCYTE CORP 2471950 84.49 157 13,264.93
0.05 MOS MOSAIC CO/THE B3NPHP6 50.85 260 13,221.00
0.05 SPX US 02/17/23 P3725 212.50 62 13,175.00
0.05 CAG CONAGRA BRANDS INC 2215460 36.26 359 13,017.34
0.05 PEAK HEALTHPEAK PROPERTIES INC BJBLRK3 28.24 460 12,990.40
0.05 DGX QUEST DIAGNOSTICS INC 2702791 145.47 89 12,946.83
0.05 MRO MARATHON OIL CORP 2910970 26.19 493 12,911.67
0.05 PTC PTC INC B95N910 132.31 97 12,834.07
0.05 SYF SYNCHRONY FINANCIAL BP96PS6 37.56 339 12,732.84
0.05 MTCH MATCH GROUP INC BK80XH9 52.57 242 12,721.94
0.05 OMC OMNICOM GROUP 2279303 91.83 138 12,672.54
0.05 UAL UNITED AIRLINES B4QG225 52.31 242 12,659.02
0.05 GRMN GARMIN LTD B3Z5T14 102.98 121 12,460.58
0.05 SEDG SOLAREDGE TECHNO BWC52Q6 327.61 38 12,449.18
0.05 IP INTERNATIONAL PAPER CO 2465254 41.53 299 12,417.47
0.05 ZBRA ZEBRA TECH CORP 2989356 344.70 36 12,409.20
0.05 MOH MOLINA HEALTHCARE INC 2212706 304.39 40 12,175.60
0.05 VTRS VIATRIS INC BMWS3X9 12.19 992 12,092.48
0.05 JBHT HUNT (JB) TRANS 2445416 197.35 61 12,038.35
0.05 CPT CAMDEN PROPERTY TRUST 2166320 126.31 95 11,999.45
0.05 LNT ALLIANT ENERGY CORP 2973821 54.76 219 11,992.44
0.05 TXT TEXTRON INC 2885937 75.73 158 11,965.34
0.05 COO COOPER COS INC/THE 2222631 362.53 33 11,963.49
0.05 LDOS LEIDOS HOLDINGS INC BDV82B8 97.93 121 11,849.53
0.05 STX SEAGATE TECHNOLO BKVD2N4 72.37 163 11,796.31
0.05 LW LAMB WESTON HOLDINGS INC BDQZFJ3 97.08 121 11,746.68
0.05 FMC FMC CORP 2328603 128.72 91 11,713.52
0.05 APA APA CORP BNNF1C1 42.36 276 11,691.36
0.05 HST HOST HOTELS & RESORTS INC 2567503 19.23 605 11,634.15
0.05 PAYC PAYCOM SOFTWARE INC BL95MY0 352.41 33 11,629.53
0.05 SWK STANLEY BLACK & B3Q2FJ4 95.89 121 11,602.69
0.05 MGM MGM RESORTS INTERNATIONAL 2547419 41.39 279 11,547.81
0.05 SJM JM SMUCKER CO/THE 2951452 149.85 77 11,538.45
0.05 J JACOBS SOLUTIONS INC BNGC0D3 125.40 92 11,536.80
0.05 EVRG EVERGY INC BFMXGR0 63.24 182 11,509.68
0.05 IEX IDEX CORP 2456612 225.59 51 11,505.09
0.05 BRO BROWN & BROWN INC 2692687 58.66 195 11,438.70
0.05 GEN GEN DIGITAL INC BJN4XN5 23.57 484 11,407.88
0.05 POOL POOL CORP 2781585 422.17 27 11,398.59
0.05 FLT FLEETCOR TECHNOLOGIES INC B4R28B3 221.68 51 11,305.68
0.04 FDS FACTSET RESEARCH 2329770 433.30 26 11,265.80
0.04 AVY AVERY DENNISON CORP 2066408 188.56 59 11,125.04
0.04 NTAP NETAPP INC 2630643 69.05 161 11,117.05
0.04 KIM KIMCO REALTY CORP 2491594 23.07 480 11,073.60
0.04 AKAM AKAMAI TECHNOLOGIES INC 2507457 91.28 121 11,044.88
0.04 HRL HORMEL FOODS CORP 2437264 45.34 242 10,972.28
0.04 IPG INTERPUBLIC GRP 2466321 38.77 282 10,933.14
0.04 LKQ LKQ CORP 2971029 58.73 186 10,923.78
0.04 HWM HOWMET AEROSPACE INC BKLJ8V2 40.23 271 10,902.33
0.04 NVR NVR INC 2637785 5,405.67 2 10,811.34
0.04 WDC WESTERN DIGITAL CORP 2954699 44.58 242 10,788.36
0.04 HSIC HENRY SCHEIN INC 2416962 89.08 121 10,778.68
0.04 UDR UDR INC 2727910 44.41 242 10,747.22
0.04 WRB WR BERKLEY CORP 2093644 66.59 161 10,720.99
0.04 RCL ROYAL CARIBBEAN 2754907 69.34 153 10,609.02
0.04 ALLE ALLEGION PLC BFRT3W7 121.74 86 10,469.64
0.04 BF/B BROWN-FORMAN CORP-CLASS B 2146838 66.84 153 10,226.52
0.04 ESS ESSEX PROPERTY TRUST INC 2316619 236.93 43 10,187.99
0.04 PHM PULTEGROUP INC 2708841 60.27 169 10,185.63
0.04 NI NISOURCE INC 2645409 27.77 363 10,080.51
0.04 CE CELANESE CORP B05MZT4 126.77 78 9,888.06
0.04 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 379.94 26 9,878.31
0.04 LYV LIVE NATION ENTE B0T7YX2 81.52 121 9,863.92
0.04 WYNN WYNN RESORTS LTD 2963811 102.96 95 9,781.20
0.04 PARA PARAMOUNT GLOBAL-CLASS B BKTNTR9 25.25 385 9,721.25
0.04 PKG PACKAGING CORP OF AMERICA 2504566 145.09 67 9,721.03
0.04 TECH BIO-TECHNE CORP BSHZ3Q0 80.85 120 9,702.00
0.04 L LOEWS CORP 2523022 60.18 161 9,688.98
0.04 TYL TYLER TECHNOLOGIES INC 2909644 345.29 28 9,668.12
0.04 KMX CARMAX INC 2983563 79.32 121 9,597.72
0.04 MAS MASCO CORP 2570200 56.69 168 9,523.92
0.04 JKHY JACK HENRY 2469193 182.47 52 9,488.44
0.04 BXP BOSTON PROPERTIES INC 2019479 78.37 121 9,482.77
0.04 CDAY CERIDIAN HCM HOLDING INC BFX1V56 77.99 121 9,436.79
0.04 EQT EQT CORP 2319414 31.84 296 9,424.64
0.04 SNA SNAP-ON INC 2818740 257.97 36 9,286.92
0.04 RE EVEREST RE GROUP LTD 2556868 341.43 27 9,218.61
0.04 CBOE CBOE GLOBAL MARKETS INC B5834C5 120.82 76 9,182.32
0.04 CHRW CH ROBINSON 2116228 104.38 87 9,081.06
0.04 CMA COMERICA INC 2212870 74.88 121 9,060.48
0.04 NDSN NORDSON CORP 2641838 250.99 36 9,035.64
0.04 CRL CHARLES RIVER LA 2604336 259.92 34 8,837.28
0.04 RHI ROBERT HALF INTL INC 2110703 88.71 99 8,782.29
0.03 AAL AMERICAN AIRLINE BCV7KT2 17.06 508 8,666.48
0.03 DPZ DOMINO'S PIZZA INC B01SD70 360.47 24 8,651.28
0.03 WRK WESTROCK CO BYR0914 35.47 242 8,583.74
0.03 CTLT CATALENT INC BP96PQ4 56.64 151 8,552.64
0.03 AOS SMITH (A.O.) CORP 2816023 70.40 121 8,518.40
0.03 FOXA FOX CORP - CLASS A BJJMGL2 34.98 242 8,465.16
0.03 TPR TAPESTRY INC BF09HX3 46.37 181 8,392.97
0.03 TFX TELEFLEX INC 2881407 262.22 32 8,391.04
0.03 CPB CAMPBELL SOUP CO 2162845 50.38 166 8,363.08
0.03 BEN FRANKLIN RESOURCES INC 2350684 33.82 242 8,184.44
0.03 REG REGENCY CENTERS CORP 2726177 67.53 121 8,171.13
0.03 CCL CARNIVAL CORP 2523044 12.04 657 7,910.28
0.03 PNW PINNACLE WEST CAPITAL 2048804 77.74 101 7,851.74
0.03 EMN EASTMAN CHEMICAL CO 2298386 91.48 85 7,775.80
0.03 QRVO QORVO INC BR9YYP4 106.97 72 7,701.84
0.03 HAS HASBRO INC 2414580 63.25 121 7,653.25
0.03 JNPR JUNIPER NETWORKS INC 2431846 31.45 242 7,610.90
0.03 VFC VF CORP 2928683 31.14 242 7,535.88
0.03 ROL ROLLINS INC 2747305 36.11 208 7,510.88
0.03 OGN ORGANON & CO BLDC8J4 30.41 242 7,359.22
0.03 GL GLOBE LIFE INC BK6YKG1 116.75 63 7,355.25
0.03 PNR PENTAIR PLC BLS09M3 60.21 121 7,285.41
0.03 NWSA NEWS CORP - CLASS A BBGVT40 21.47 339 7,278.33
0.03 BWA BORGWARNER INC 2111955 48.21 150 7,231.50
0.03 CZR CAESARS ENTERTAINMENT INC BMWWGB0 53.75 134 7,202.50
0.03 BBWI BATH & BODY WORKS INC BNNTGJ5 47.02 152 7,147.04
0.03 UHS UNIVERSAL HLTH-B 2923785 150.43 46 6,919.78
0.03 ZION ZIONS BANCORP NA 2989828 54.29 121 6,569.09
0.03 TAP MOLSON COORS-B B067BM3 54.18 121 6,555.78
0.03 ALK ALASKA AIR GROUP INC 2012605 53.58 121 6,483.18
0.03 FFIV F5 INC 2427599 156.69 41 6,424.29
0.03 AIZ ASSURANT INC 2331430 133.58 48 6,411.84
0.03 AAP ADVANCE AUTO PARTS INC 2822019 155.24 41 6,364.84
0.03 BIO BIO-RAD LABORATORIES-A 2098508 480.49 13 6,246.37
0.02 SBNY SIGNATURE BANK B00JQL9 143.17 43 6,156.31
0.02 SEE SEALED AIR CORP 2232793 56.22 109 6,127.98
0.02 NCLH NORWEGIAN CRUISE B9CGTC3 17.11 345 5,902.95
0.02 HII HUNTINGTON INGAL B40SSC9 217.71 27 5,878.17
0.02 XRAY DENTSPLY SIRONA INC BYNPPC6 39.66 145 5,750.70
0.02 FRT FEDERAL REALTY INVS TRUST BN7P9B2 114.08 50 5,704.00
0.02 GNRC GENERAC HOLDINGS INC B6197Q2 130.96 43 5,631.28
0.02 NRG NRG ENERGY INC 2212922 34.95 159 5,557.05
0.02 NWL NEWELL BRANDS INC 2635701 16.47 329 5,418.63
0.02 WHR WHIRLPOOL CORP 2960384 158.95 34 5,404.30
0.02 IVZ INVESCO LTD B28XP76 20.21 246 4,971.66
0.02 DXC DXC TECHNOLOGY CO BYXD7B3 29.59 157 4,645.63
0.02 LNC LINCOLN NATIONAL CORP 2516378 36.10 121 4,368.10
0.02 LUMN LUMEN TECHNOLOGIES INC BMDH249 5.61 774 4,342.14
0.02 FOX FOX CORP - CLASS B BJJMGY5 32.71 121 3,957.91
0.02 RL RALPH LAUREN CORP B4V9661 126.90 31 3,933.90
0.02 DISH DISH NETWORK CORP-A 2303581 15.60 242 3,775.20
0.01 MHK MOHAWK INDUSTRIES INC 2598699 127.76 23 2,938.48
0.01 NWS NEWS CORP - CLASS B BBGVT51 21.67 121 2,622.07
0.01 XSP US 02/17/23 P373 104.50 25 2,612.50
0.01 DVA DAVITA INC 2898087 85.82 24 2,059.68
-0.27 XSP US 02/17/23 C392 2,700.00 -25 -67,500.00
-6.60 SPX US 02/17/23 C3920 26,945.00 -62 -1,670,590.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 02/02/23

Return on Equity 19.60%
Weighted Avg. Market Cap 498,230 M
2022 2023
Price-to-earnings 18.59 18.28
Price-to-book value 3.85 3.37

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/31/23

Versus Beta
S&P 500 0.35
MSCI EAFE 0.32
MSCI Emg. Mkts 0.21
Standard Deviation 8.60%

Source: AltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. Concentration in a particular industry or sector will subject XRMI to loss due to adverse occurrences that may affect that industry or sector. Investors in XRMI should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

XRMI engages in options trading. An option is a contract sold by one party to another that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed upon price within a certain period or on a specific date. A collar strategy involves holding shares of the underlying stock while simultaneously buying put options and selling call options against that holding. XRMI writes covered call index options on the and purchases put options on S&P 500 Index. By selling covered call options, the fund limits its opportunity to profit from an increase in the price of the underlying index above the exercise price. By purchasing put options, in return for the payment of premiums, the Fund may be protected from a significant decline in the price of the S&P 500 Index if the put options become in the money (S&P 500 closes below the strike price as of the expiration date); but during periods where the S&P 500 Index appreciates, the Fund will underperform due to the cost of the premiums paid. A liquid market may not exist for options held by the Fund. While the fund receives premiums for writing the call options, the price it realizes from the exercise of an option could be substantially below the indices current market price.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by S&P or Cboe, nor do these entities make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with these entities.

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