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 has made monthly distributions 3 years running.
Key Information
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
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ETF Prices
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Performance History
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ETF Characteristics
ETF Risk Stats
ETF Research
Risk Management Strategies for a Volatile Market Environment
Understanding the Income Landscape for Options Strategies
