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 expects to make distributions on a monthly basis.

Key Information As of 05/26/22

Inception Date 08/25/21
Total Expense Ratio 0.60%
Net Assets $21.42 million
NAV $23.54
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 05/26/22

Ticker XRMI
Bloomberg Index Ticker CLL1M
CUSIP 37960A206
ISIN US37960A2069
Primary Exchange NYSE Arca
Shares Outstanding 910,000
Number of Holdings 508
30-Day Median Bid-Ask Spread 0.34%

Distributions As of 05/26/22

30-Day SEC Yield 0.88%
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 05/26/22

NAV $23.54 Daily Change $0.11 0.47%
Market Price $23.54 Daily Change $0.05 0.21%

Performance History

As of recent
(03/31/22)
Fund NAV Market Price Index
Year-to-Date -2.86% -2.82% -2.99%
1 Month 2.39% 2.92% 2.27%
3 Months -2.86% -2.82% -2.99%
Since Inception -0.53% -0.30% -0.55%
Year-to-Date -5.23% -5.41% -5.23%
1 Month -2.44% -2.67% -2.32%
3 Months -2.03% -2.03% -1.88%
Since Inception -2.96% -2.96% -2.85%

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Options Details As of 05/26/22

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Short S&P 500 Call Option -$21,912,337 3885 104.40% 06/17/2022 22
Long S&P 500 Put Option $21,912,337 3690 90.90% 06/17/2022 22
Short S&P 500 Mini Call Option -$568,098 389 104.30% 06/17/2022 22
Long S&P 500 Mini Put Option $568,098 368 90.70% 06/17/2022 22

Top Holdings As of 05/26/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.84 AAPL APPLE INC 2046251 143.78 10,192 1,465,405.76
6.12 MSFT MICROSOFT CORP 2588173 265.90 4,929 1,310,621.10
2.99 AMZN AMAZON.COM INC 2000019 2,221.55 288 639,806.40
1.99 GOOGL ALPHABET INC-CL A BYVY8G0 2,155.85 198 426,858.30
1.85 GOOG ALPHABET INC-CL C BYY88Y7 2,165.92 183 396,363.36
1.82 TSLA TESLA INC B616C79 707.73 552 390,666.96
1.76 BRK/B BERKSHIRE HATH-B 2073390 312.50 1,208 377,500.00
1.46 UNH UNITEDHEALTH GROUP INC 2917766 502.23 622 312,387.06
1.46 JNJ JOHNSON & JOHNSON 2475833 179.46 1,737 311,722.02
1.38 NVDA NVIDIA CORP 2379504 178.51 1,651 294,720.01
1.36 FB META PLATFORMS INC B7TL820 191.63 1,524 292,044.12
1.26 XOM EXXON MOBIL CORP 2326618 96.64 2,797 270,302.08
1.18 JPM JPMORGAN CHASE & CO 2190385 129.44 1,954 252,925.76
1.08 PG PROCTER & GAMBLE CO/THE 2704407 146.48 1,585 232,170.80
1.07 V VISA INC-CLASS A SHARES B2PZN04 208.55 1,097 228,779.35
1.05 CVX CHEVRON CORP 2838555 176.59 1,275 225,152.25
0.98 HD HOME DEPOT INC 2434209 302.81 691 209,241.71
0.94 PFE PFIZER INC 2684703 53.99 3,715 200,572.85
0.93 MA MASTERCARD INC - A B121557 349.89 571 199,787.19
0.82 ABBV ABBVIE INC B92SR70 150.57 1,171 176,317.47
0.81 BAC BANK OF AMERICA CORP 2295677 36.67 4,713 172,825.71
0.77 KO COCA-COLA CO/THE 2206657 64.30 2,577 165,701.10
0.77 LLY ELI LILLY & CO 2516152 313.46 526 164,879.96
0.73 PEP PEPSICO INC 2681511 170.11 918 156,160.98
0.72 MRK MERCK & CO. INC. 2778844 92.31 1,675 154,619.25
0.70 AVGO BROADCOM INC BDZ78H9 550.66 274 150,880.84
0.66 VZ VERIZON COMMUNIC 2090571 50.99 2,787 142,109.13
0.66 TMO THERMO FISHER 2886907 540.11 261 140,968.71
0.64 COST COSTCO WHOLESALE CORP 2701271 464.99 295 137,172.05
0.63 ABT ABBOTT LABORATORIES 2002305 114.87 1,175 134,972.25
0.62 CMCSA COMCAST CORP-CLASS A 2044545 44.13 3,007 132,698.91
0.60 ADBE ADOBE INC 2008154 408.60 314 128,300.40
0.60 DIS WALT DISNEY CO/THE 2270726 105.61 1,210 127,788.10
0.59 CSCO CISCO SYSTEMS INC 2198163 44.99 2,805 126,196.95
0.58 MCD MCDONALD'S CORP 2550707 248.09 497 123,300.73
0.57 ACN ACCENTURE PLC-CL A B4BNMY3 291.55 421 122,742.55
0.55 WMT WALMART INC 2936921 126.00 942 118,692.00
0.55 WFC WELLS FARGO & CO 2649100 45.60 2,588 118,012.80
0.55 INTC INTEL CORP 2463247 43.48 2,711 117,874.28
0.53 BMY BRISTOL-MYERS SQUIBB CO 2126335 77.59 1,451 112,583.09
0.52 PM PHILIP MORRIS IN B2PKRQ3 108.07 1,033 111,636.31
0.51 LIN LINDE PLC BZ12WP8 320.33 341 109,232.53
0.50 AMD ADVANCED MICRO DEVICES 2007849 98.75 1,090 107,637.52
0.50 TXN TEXAS INSTRUMENTS INC 2885409 174.13 615 107,089.95
0.50 DHR DANAHER CORP 2250870 251.71 424 106,725.04
0.50 CRM SALESFORCE INC 2310525 162.46 656 106,573.76
0.47 T AT&T INC 2831811 21.32 4,763 101,547.16
0.47 QCOM QUALCOMM INC 2714923 134.84 752 101,399.68
0.46 COP CONOCOPHILLIPS 2685717 113.15 870 98,440.50
0.46 NEE NEXTERA ENERGY INC 2328915 74.62 1,310 97,745.65
0.45 NKE NIKE INC -CL B 2640147 112.94 852 96,224.88
0.44 AMGN AMGEN INC 2023607 253.05 376 95,146.80
0.44 RTX RAYTHEON TECHNOL BM5M5Y3 95.00 997 94,715.00
0.44 UNP UNION PACIFIC CORP 2914734 219.99 425 93,495.75
0.42 MDT MEDTRONIC PLC BTN1Y11 99.44 898 89,297.12
0.41 HON HONEYWELL INTL 2020459 193.10 458 88,439.80
0.41 LOW LOWE'S COS INC 2536763 195.53 451 88,184.03
0.41 UPS UNITED PARCEL-B 2517382 178.38 488 87,049.44
0.40 CVS CVS HEALTH CORP 2577609 97.80 878 85,868.40
0.39 SPGI S&P GLOBAL INC BYV2325 352.47 237 83,535.32
0.39 ANTM ANTHEM INC BSPHGL4 512.43 162 83,013.66
0.38 IBM IBM 2005973 136.89 601 82,270.89
0.38 SPX US 06/17/22 P3690 1,510.00 54 81,540.00
0.38 MS MORGAN STANLEY 2262314 85.00 950 80,750.00
0.36 AMT AMERICAN TOWER CORP B7FBFL2 254.69 305 77,680.45
0.36 CAT CATERPILLAR INC 2180201 212.99 363 77,315.37
0.36 INTU INTUIT INC 2459020 406.42 190 77,219.80
0.34 GS GOLDMAN SACHS GROUP INC 2407966 323.63 228 73,787.64
0.34 LMT LOCKHEED MARTIN CORP 2522096 447.99 163 73,022.37
0.34 C CITIGROUP INC 2297907 54.09 1,333 72,101.97
0.34 ORCL ORACLE CORP 2661568 71.66 1,000 71,660.00
0.33 SCHW SCHWAB (CHARLES) CORP 2779397 68.82 1,011 69,577.02
0.32 AMAT APPLIED MATERIALS INC 2046552 115.07 597 68,696.79
0.32 AXP AMERICAN EXPRESS CO 2026082 165.37 414 68,463.18
0.31 MO ALTRIA GROUP INC 2692632 54.50 1,226 66,817.00
0.31 DE DEERE & CO 2261203 347.51 189 65,679.39
0.29 PYPL PAYPAL HOLDINGS INC BYW36M8 80.42 784 63,049.28
0.29 BKNG BOOKING HOLDINGS INC BDRXDB4 2,221.51 28 62,202.28
0.29 ADP AUTOMATIC DATA PROCESSING 2065308 218.28 283 61,773.24
0.29 NOW SERVICENOW INC B80NXX8 454.87 135 61,407.45
0.29 PLD PROLOGIS INC B44WZD7 122.36 499 61,057.64
0.28 BLK BLACKROCK INC 2494504 652.44 91 59,372.04
0.27 DUK DUKE ENERGY CORP B7VD3F2 113.23 519 58,766.37
0.27 CI CIGNA CORP BHJ0775 268.88 218 58,615.84
0.27 MDLZ MONDELEZ INTER-A B8CKK03 62.50 936 58,500.00
0.27 ADI ANALOG DEVICES INC 2032067 163.24 354 57,786.96
0.27 NFLX NETFLIX INC 2857817 191.40 300 57,420.00
0.27 GE GENERAL ELECTRIC CO BL59CR9 77.01 742 57,141.42
0.27 CB CHUBB LTD B3BQMF6 207.70 273 56,702.10
0.26 GILD GILEAD SCIENCES INC 2369174 64.47 847 54,606.09
0.25 SBUX STARBUCKS CORP 2842255 74.49 728 54,228.72
0.25 ISRG INTUITIVE SURGICAL INC 2871301 223.30 242 54,038.60
0.25 SO SOUTHERN CO/THE 2829601 75.29 716 53,907.64
0.25 MMC MARSH & MCLENNAN COS 2567741 157.09 342 53,724.78
0.25 MMM 3M CO 2595708 147.04 364 53,522.56
0.25 SYK STRYKER CORP 2853688 234.94 227 53,331.38
0.25 ZTS ZOETIS INC B95WG16 165.90 320 53,088.00
0.25 TGT TARGET CORP 2259101 163.20 324 52,876.80
0.24 TJX TJX COMPANIES INC 2989301 64.11 809 51,864.99
0.24 CCI CROWN CASTLE INTL CORP BTGQCX1 187.53 273 51,195.69
0.23 MU MICRON TECHNOLOGY INC 2588184 70.60 704 49,702.40
0.23 EOG EOG RESOURCES INC 2318024 133.72 364 48,674.08
0.23 TMUS T-MOBILE US INC B94Q9V0 132.74 364 48,317.36
0.22 CME CME GROUP INC 2965839 196.91 244 48,046.04
0.22 BA BOEING CO/THE 2108601 127.73 372 47,515.56
0.22 PNC PNC FINANCIAL SE 2692665 172.95 273 47,215.35
0.22 VRTX VERTEX PHARM 2931034 269.65 173 46,649.45
0.22 BDX BECTON DICKINSON AND CO 2087807 252.50 182 45,955.00
0.21 REGN REGENERON PHARMACEUTICALS 2730190 683.44 66 45,107.04
0.21 LRCX LAM RESEARCH CORP 2502247 509.21 88 44,810.48
0.20 USB US BANCORP 2736035 52.14 839 43,745.46
0.20 CSX CSX CORP 2160753 31.48 1,385 43,599.80
0.20 SHW SHERWIN-WILLIAMS CO/THE 2804211 271.97 159 43,243.23
0.20 FIS FIDELITY NATIONA 2769796 104.20 415 43,243.00
0.20 CL COLGATE-PALMOLIVE CO 2209106 78.16 546 42,675.36
0.20 PGR PROGRESSIVE CORP 2705024 116.81 364 42,518.84
0.20 NOC NORTHROP GRUMMAN CORP 2648806 465.70 91 42,378.70
0.20 D DOMINION ENERGY INC 2542049 84.58 501 42,374.58
0.20 PXD PIONEER NATURAL 2690830 272.61 155 42,254.55
0.20 EW EDWARDS LIFESCIENCES CORP 2567116 98.57 426 41,990.82
0.19 SLB SCHLUMBERGER LTD 2779201 46.69 887 41,414.03
0.19 ATVI ACTIVISION BLIZZARD INC 2575818 77.99 531 41,412.69
0.19 CHTR CHARTER COMMUN-A BZ6VT82 502.84 81 40,730.04
0.19 AON AON PLC-CLASS A BLP1HW5 272.74 147 40,092.78
0.19 WM WASTE MANAGEMENT INC 2937667 157.99 253 39,971.47
0.19 HUM HUMANA INC 2445063 452.22 88 39,795.36
0.19 TFC TRUIST FINANCIAL CORP BKP7287 48.41 819 39,647.79
0.18 MPC MARATHON PETROLEUM CORP B3K3L40 99.48 384 38,200.32
0.18 EQIX EQUINIX INC BVLZX12 670.00 57 38,190.00
0.18 NEM NEWMONT CORP 2636607 68.71 546 37,515.66
0.18 OXY OCCIDENTAL PETROLEUM CORP 2655408 68.66 546 37,488.36
0.17 ITW ILLINOIS TOOL WORKS 2457552 204.33 182 37,188.06
0.17 BSX BOSTON SCIENTIFIC CORP 2113434 40.14 912 36,607.68
0.17 ICE INTERCONTINENTAL BFSSDS9 99.53 364 36,228.92
0.17 FISV FISERV INC 2342034 99.29 364 36,141.56
0.17 SRE SEMPRA ENERGY 2138158 164.85 219 36,102.15
0.17 ETN EATON CORP PLC B8KQN82 136.28 261 35,569.08
0.17 AEP AMERICAN ELECTRIC POWER 2026242 102.58 346 35,492.68
0.16 FCX FREEPORT-MCMORAN INC 2352118 38.49 910 35,025.90
0.16 VLO VALERO ENERGY CORP 2041364 128.12 273 34,976.76
0.16 NSC NORFOLK SOUTHERN CORP 2641894 236.70 146 34,558.20
0.16 PSA PUBLIC STORAGE 2852533 325.90 105 34,219.50
0.16 GM GENERAL MOTORS CO B665KZ5 37.42 914 34,201.88
0.16 COF CAPITAL ONE FINA 2654461 124.41 273 33,963.93
0.16 EL ESTEE LAUDER 2320524 239.80 141 33,811.80
0.16 NXPI NXP SEMICONDUCTORS NV B505PN7 192.63 174 33,517.62
0.16 MCO MOODY'S CORP 2252058 299.44 111 33,237.84
0.15 MRNA MODERNA INC BGSXTS3 135.80 243 32,999.40
0.15 APD AIR PRODS & CHEM 2011602 242.49 135 32,736.15
0.15 SNPS SYNOPSYS INC 2867719 306.10 106 32,446.60
0.15 F FORD MOTOR CO 2615468 13.12 2,459 32,262.08
0.15 KLAC KLA CORP 2480138 353.28 91 32,148.48
0.15 ADM ARCHER-DANIELS-MIDLAND CO 2047317 88.31 364 32,144.84
0.15 DVN DEVON ENERGY CORP 2480677 73.81 435 32,107.35
0.15 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 236.79 135 31,966.65
0.15 PSX PHILLIPS 66 B78C4Y8 98.68 323 31,873.64
0.15 EMR EMERSON ELECTRIC CO 2313405 86.60 364 31,522.40
0.15 AIG AMERICAN INTERNA 2027342 57.73 546 31,520.58
0.15 EXC EXELON CORP 2670519 49.16 637 31,314.92
0.15 FDX FEDEX CORP 2142784 212.29 147 31,206.63
0.15 DG DOLLAR GENERAL CORP B5B1S13 222.13 140 31,098.20
0.15 MAR MARRIOTT INTL-A 2210614 170.17 182 30,970.94
0.14 KMB KIMBERLY-CLARK CORP 2491839 132.41 233 30,851.53
0.14 GD GENERAL DYNAMICS CORP 2365161 221.26 139 30,755.14
0.14 HCA HCA HEALTHCARE INC B4MGBG6 211.79 145 30,709.55
0.14 MCK MCKESSON CORP 2378534 336.42 91 30,614.22
0.14 DOW DOW INC BHXCF84 67.14 455 30,548.70
0.14 MET METLIFE INC 2573209 66.91 455 30,444.05
0.14 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 639.15 47 30,040.05
0.14 CNC CENTENE CORP 2807061 81.89 364 29,807.96
0.14 SYY SYSCO CORP 2868165 82.84 353 29,242.52
0.14 ADSK AUTODESK INC 2065159 191.63 152 29,127.76
0.13 CTVA CORTEVA INC BK73B42 63.17 455 28,742.35
0.13 AZO AUTOZONE INC 2065955 2,028.96 14 28,405.44
0.13 TEL TE CONNECTIVITY LTD B62B7C3 124.84 226 28,213.84
0.13 ECL ECOLAB INC 2304227 164.20 171 28,078.20
0.13 STZ CONSTELLATION-A 2170473 244.37 114 27,858.18
0.13 ROP ROPER TECHNOLOGIES INC 2749602 432.52 64 27,681.28
0.13 IQV IQVIA HOLDINGS INC BDR73G1 207.73 133 27,628.09
0.13 WMB WILLIAMS COS INC 2967181 36.92 748 27,616.16
0.13 XEL XCEL ENERGY INC 2614807 74.96 364 27,285.44
0.13 HPQ HP INC BYX4D52 36.77 742 27,283.34
0.13 PAYX PAYCHEX INC 2674458 121.20 224 27,148.80
0.13 CDNS CADENCE DESIGN SYS INC 2302232 148.67 182 27,057.94
0.13 PRU PRUDENTIAL FINANCIAL INC 2819118 104.56 257 26,871.92
0.13 CMG CHIPOTLE MEXICAN B0X7DZ3 1,340.91 20 26,818.20
0.13 FTNT FORTINET INC B5B2106 294.30 91 26,781.30
0.12 CTSH COGNIZANT TECH-A 2257019 72.74 366 26,622.84
0.12 ILMN ILLUMINA INC 2613990 243.57 109 26,549.13
0.12 BAX BAXTER INTERNATIONAL INC 2085102 75.75 349 26,436.75
0.12 SPG SIMON PROPERTY GROUP INC 2812452 112.03 230 25,766.90
0.12 SBAC SBA COMMUNICATIONS CORP BZ6TS23 338.45 76 25,722.20
0.12 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 217.88 118 25,709.84
0.12 MCHP MICROCHIP TECHNOLOGY INC 2592174 70.06 364 25,501.84
0.12 APH AMPHENOL CORP-CL A 2145084 69.92 364 25,450.88
0.12 GIS GENERAL MILLS INC 2367026 69.46 364 25,283.44
0.12 EA ELECTRONIC ARTS INC 2310194 138.68 182 25,239.76
0.12 HLT HILTON WORLDWIDE BYVMW06 138.47 182 25,201.54
0.12 TRV TRAVELERS COS INC/THE 2769503 174.87 144 25,181.28
0.12 DLR DIGITAL REALTY TRUST INC B03GQS4 136.79 182 24,895.78
0.12 ED CONSOLIDATED EDISON INC 2216850 99.87 248 24,767.76
0.11 JCI JOHNSON CONTROLS BY7QL61 53.60 455 24,388.00
0.11 ALL ALLSTATE CORP 2019952 133.69 182 24,331.58
0.11 NUE NUCOR CORP 2651086 133.07 182 24,218.74
0.11 WELL WELLTOWER INC BYVYHH4 88.58 273 24,182.34
0.11 WBD WARNER BROS DISCOVERY INC BM8JYX3 17.98 1,329 23,895.42
0.11 DD DUPONT DE NEMOURS INC BK0VN47 67.04 355 23,799.20
0.11 O REALTY INCOME CORP 2724193 68.07 349 23,756.43
0.11 KR KROGER CO 2497406 52.14 455 23,723.70
0.11 AJG ARTHUR J GALLAGHER & CO 2359506 161.02 147 23,669.94
0.11 KMI KINDER MORGAN INC B3NQ4P8 19.62 1,203 23,602.86
0.11 GPN GLOBAL PAYMENTS INC 2712013 128.65 182 23,414.30
0.11 PH PARKER HANNIFIN CORP 2671501 268.01 86 23,048.86
0.11 A AGILENT TECHNOLOGIES INC 2520153 123.85 182 22,540.70
0.10 ES EVERSOURCE ENERGY BVVN4Q8 92.19 242 22,309.98
0.10 IFF INTL FLAVORS & FRAGRANCES 2464165 131.00 170 22,270.00
0.10 TDG TRANSDIGM GROUP INC B11FJK3 599.75 37 22,190.75
0.10 MNST MONSTER BEVERAGE CORP BZ07BW4 88.73 249 22,093.77
0.10 ROST ROSS STORES INC 2746711 86.99 253 22,008.47
0.10 HES HESS CORP 2023748 120.67 182 21,961.94
0.10 HAL HALLIBURTON CO 2405302 40.16 546 21,927.36
0.10 BK BANK NY MELLON B1Z77F6 45.66 475 21,688.50
0.10 DLTR DOLLAR TREE INC 2272476 162.80 133 21,652.40
0.10 MSCI MSCI INC B2972D2 432.78 50 21,639.00
0.10 CARR CARRIER GLOBAL CORP BK4N0D7 39.33 548 21,552.84
0.10 AFL AFLAC INC 2026361 59.12 364 21,519.68
0.10 YUM YUM! BRANDS INC 2098876 117.76 182 21,432.32
0.10 ALB ALBEMARLE CORP 2046853 255.05 83 21,169.15
0.10 PPG PPG INDUSTRIES INC 2698470 126.30 167 21,092.10
0.10 CTAS CINTAS CORP 2197137 383.43 55 21,088.65
0.10 TROW T ROWE PRICE GROUP INC 2702337 127.73 163 20,819.99
0.10 IDXX IDEXX LABORATORIES INC 2459202 384.92 54 20,785.68
0.10 PCAR PACCAR INC 2665861 84.14 247 20,782.58
0.10 OTIS OTIS WORLDWIDE CORP BK531S8 75.08 273 20,496.84
0.10 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 111.50 182 20,293.00
0.09 DFS DISCOVER FINANCI B1YLC43 110.78 182 20,161.96
0.09 MTD METTLER-TOLEDO 2126249 1,258.47 16 20,135.52
0.09 AME AMETEK INC 2089212 120.44 166 19,993.04
0.09 RSG REPUBLIC SERVICES INC 2262530 134.14 149 19,986.86
0.09 PEG PUB SERV ENTERP 2707677 67.98 293 19,918.14
0.09 SIVB SVB FINANCIAL GROUP 2808053 473.11 42 19,870.62
0.09 BKR BAKER HUGHES CO BDHLTQ5 36.92 536 19,789.12
0.09 MTB M & T BANK CORP 2340168 177.75 111 19,730.25
0.09 FRC FIRST REPUBLIC BANK/CA B4WHY15 153.14 128 19,601.92
0.09 WBA WALGREENS BOOTS BTN1Y44 43.04 455 19,583.20
0.09 CBRE CBRE GROUP INC - A B6WVMH3 81.93 239 19,581.27
0.09 AWK AMERICAN WATER W B2R3PV1 148.82 129 19,197.78
0.09 WEC WEC ENERGY GROUP INC BYY8XK8 105.40 182 19,182.80
0.09 FAST FASTENAL CO 2332262 52.52 364 19,117.28
0.09 HSY HERSHEY CO/THE 2422806 209.54 91 19,068.14
0.09 TT TRANE TECHNOLOGIES PLC BK9ZQ96 136.81 139 19,016.59
0.09 TWTR TWITTER INC BFLR866 39.52 475 18,772.00
0.09 EQR EQUITY RESIDENTIAL 2319157 76.36 245 18,708.20
0.09 AVB AVALONBAY COMMUNITIES INC 2131179 205.45 91 18,695.95
0.09 BIIB BIOGEN INC 2455965 204.22 91 18,584.02
0.09 CMI CUMMINS INC 2240202 203.55 91 18,523.05
0.09 APTV APTIV PLC B783TY6 101.75 182 18,518.50
0.09 DTE DTE ENERGY COMPANY 2280220 133.19 139 18,513.41
0.09 RMD RESMED INC 2732903 202.06 91 18,387.46
0.09 CTRA COTERRA ENERGY INC 2162340 34.65 527 18,260.55
0.09 EIX EDISON INTERNATIONAL 2829515 69.03 263 18,154.89
0.09 AMP AMERIPRISE FINANCIAL INC B0J7D57 274.33 66 18,105.78
0.08 FANG DIAMONDBACK ENERGY INC B7Y8YR3 146.43 123 18,010.89
0.08 OKE ONEOK INC 2130109 65.82 273 17,968.86
0.08 EBAY EBAY INC 2293819 46.47 384 17,844.48
0.08 ODFL OLD DOMINION FREIGHT LINE 2656423 260.96 68 17,745.28
0.08 WY WEYERHAEUSER CO 2958936 38.94 455 17,717.70
0.08 FITB FIFTH THIRD BANCORP 2336747 38.61 455 17,567.55
0.08 AEE AMEREN CORPORATION 2050832 95.87 182 17,448.34
0.08 ETR ENTERGY CORP 2317087 119.88 145 17,382.60
0.08 CERN CERNER CORP 2185284 94.55 182 17,208.10
0.08 ROK ROCKWELL AUTOMATION INC 2754060 204.74 83 16,993.42
0.08 EFX EQUIFAX INC 2319146 202.23 84 16,987.32
0.08 MKC MCCORMICK-N/V 2550161 91.96 182 16,736.72
0.08 DXCM DEXCOM INC B0796X4 280.63 59 16,557.17
0.08 KHC KRAFT HEINZ CO/THE BYRY499 37.07 445 16,496.15
0.08 LUV SOUTHWEST AIRLINES CO 2831543 45.00 364 16,380.00
0.08 TSN TYSON FOODS INC-CL A 2909730 89.76 182 16,336.32
0.08 ENPH ENPHASE ENERGY INC B65SQW4 178.78 91 16,268.98
0.07 GLW CORNING INC 2224701 34.95 455 15,902.25
0.07 EXR EXTRA SPACE STORAGE INC B02HWR9 174.67 91 15,894.97
0.07 VRSK VERISK ANALYTICS INC B4P9W92 173.71 91 15,807.61
0.07 CHD CHURCH & DWIGHT CO INC 2195841 89.81 176 15,806.56
0.07 FE FIRSTENERGY CORP 2100920 43.32 364 15,768.48
0.07 DAL DELTA AIR LINES INC B1W9D46 40.83 384 15,678.72
0.07 IT GARTNER INC 2372763 256.41 60 15,384.60
0.07 GWW WW GRAINGER INC 2380863 477.43 32 15,277.76
0.07 TSCO TRACTOR SUPPLY COMPANY 2900335 185.90 82 15,243.80
0.07 CF CF INDUSTRIES HO B0G4K50 96.71 157 15,183.47
0.07 CDW CDW CORP/DE BBM5MD6 166.52 91 15,153.32
0.07 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 141.26 107 15,114.82
0.07 URI UNITED RENTALS INC 2134781 284.84 53 15,096.52
0.07 VMC VULCAN MATERIALS CO 2931205 164.28 91 14,949.48
0.07 ARE ALEXANDRIA REAL 2009210 163.30 91 14,860.30
0.07 VTR VENTAS INC 2927925 56.38 263 14,827.94
0.07 MAA MID-AMERICA APAR 2589132 180.45 82 14,796.90
0.07 WTW WILLIS TOWERS WATSON PLC BDB6Q21 208.11 71 14,775.81
0.07 TTWO TAKE-TWO INTERAC 2122117 123.28 119 14,670.32
0.07 STT STATE STREET CORP 2842040 70.99 204 14,481.96
0.07 WAT WATERS CORP 2937689 319.89 45 14,395.05
0.07 LEN LENNAR CORP-A 2511920 78.91 182 14,361.62
0.07 WST WEST PHARMACEUT 2950482 305.46 47 14,356.62
0.07 ABC AMERISOURCEBERGEN CORP 2795393 155.80 91 14,177.80
0.07 MTCH MATCH GROUP INC BK80XH9 77.88 182 14,174.16
0.07 MRO MARATHON OIL CORP 2910970 29.75 475 14,131.25
0.07 ZBH ZIMMER BIOMET HO 2783815 120.65 117 14,116.05
0.07 HOLX HOLOGIC INC 2433530 76.19 182 13,866.58
0.07 MOS MOSAIC CO/THE B3NPHP6 58.96 235 13,855.60
0.06 PPL PPL CORP 2680905 30.24 455 13,759.20
0.06 LH LABORATORY CP 2586122 250.15 55 13,758.25
0.06 CPRT COPART INC 2208073 114.41 119 13,614.79
0.06 ESS ESSEX PROPERTY TRUST INC 2316619 283.13 48 13,590.24
0.06 DRE DUKE REALTY CORP 2284084 51.59 263 13,568.17
0.06 EPAM EPAM SYSTEMS INC B44Z3T8 322.86 42 13,560.12
0.06 STE STERIS PLC BFY8C75 230.71 58 13,381.18
0.06 CASH 1.00 13,343 13,343.27
0.06 CLX CLOROX COMPANY 2204026 146.40 91 13,322.40
0.06 IP INTERNATIONAL PAPER CO 2465254 48.68 273 13,289.64
0.06 DHI DR HORTON INC 2250687 72.86 182 13,260.52
0.06 ANSS ANSYS INC 2045623 252.95 52 13,153.40
0.06 PFG PRINCIPAL FINANCIAL GROUP 2803014 71.98 182 13,100.36
0.06 BALL BALL CORP 2073022 71.76 182 13,060.32
0.06 CEG CONSTELLATION ENERGY BMH4FS1 62.47 208 12,993.77
0.06 FLT FLEETCOR TECHNOLOGIES INC B4R28B3 240.37 54 12,979.98
0.06 IR INGERSOLL-RAND INC BL5GZ82 47.34 273 12,923.82
0.06 DGX QUEST DIAGNOSTICS INC 2702791 141.65 91 12,890.15
0.06 CMS CMS ENERGY CORP 2219224 70.81 182 12,887.42
0.06 HIG HARTFORD FINL SV 2476193 70.70 182 12,867.40
0.06 NTRS NORTHERN TRUST CORP 2648668 109.74 117 12,839.58
0.06 SYF SYNCHRONY FINANCIAL BP96PS6 35.18 364 12,805.52
0.06 K KELLOGG CO 2486813 69.88 182 12,718.16
0.06 WAB WABTEC CORP 2955733 90.75 140 12,705.00
0.06 EVRG EVERGY INC BFMXGR0 69.56 182 12,659.92
0.06 CE CELANESE CORP B05MZT4 155.75 81 12,615.75
0.06 HBAN HUNTINGTON BANCSHARES INC 2445966 13.81 910 12,567.10
0.06 ANET ARISTA NETWORKS INC BN33VM5 103.71 121 12,548.91
0.06 J JACOBS ENGIN GRP 2469052 137.89 91 12,547.99
0.06 NDAQ NASDAQ INC 2965107 150.93 83 12,527.19
0.06 GPC GENUINE PARTS CO 2367480 136.04 91 12,379.64
0.06 HPE HEWLETT PACKA BYVYWS0 15.09 819 12,358.71
0.06 FTV FORTIVE CORP BYT3MK1 60.60 202 12,241.20
0.06 RF REGIONS FINANCIAL CORP B01R311 21.61 566 12,231.26
0.06 TRMB TRIMBLE INC 2903958 67.14 182 12,219.48
0.06 AMCR AMCOR PLC BJ1F307 13.10 930 12,183.00
0.06 DOV DOVER CORP 2278407 132.56 91 12,062.96
0.06 PKI PERKINELMER INC 2305844 146.65 81 11,878.65
0.06 EXPE EXPEDIA GROUP INC B748CK2 130.29 91 11,856.39
0.06 BR BROADRIDGE FINL B1VP7R6 144.44 82 11,844.08
0.06 PARA PARAMOUNT GLOBAL-CLASS B BKTNTR9 32.40 364 11,793.60
0.05 CNP CENTERPOINT ENERGY INC 2440637 31.98 364 11,640.72
0.05 CINF CINCINNATI FINANCIAL CORP 2196888 127.06 91 11,562.46
0.05 DRI DARDEN RESTAURANTS INC 2289874 125.09 91 11,383.19
0.05 LNT ALLIANT ENERGY CORP 2973821 62.46 182 11,367.72
0.05 PKG PACKAGING CORP OF AMERICA 2504566 156.41 72 11,261.52
0.05 FMC FMC CORP 2328603 123.14 91 11,205.74
0.05 KEY KEYCORP 2490911 19.73 566 11,164.35
0.05 WDC WESTERN DIGITAL CORP 2954699 60.68 182 11,043.76
0.05 MLM MARTIN MARIETTA MATERIALS 2572079 334.05 33 11,023.65
0.05 CFG CITIZENS FINANCIAL GROUP BQRX1X3 40.30 273 11,001.90
0.05 BBY BEST BUY CO INC 2094670 82.05 134 10,994.70
0.05 PWR QUANTA SERVICES INC 2150204 120.63 91 10,977.33
0.05 SWK STANLEY BLACK & B3Q2FJ4 119.20 91 10,847.20
0.05 ALGN ALIGN TECHNOLOGY INC 2679204 274.83 39 10,718.37
0.05 PEAK HEALTHPEAK PROPERTIES INC BJBLRK3 29.33 364 10,676.12
0.05 ATO ATMOS ENERGY CORP 2315359 116.74 91 10,623.34
0.05 ULTA ULTA BEAUTY INC B28TS42 377.96 28 10,582.88
0.05 CAH CARDINAL HEALTH INC 2175672 58.02 182 10,559.64
0.05 BRO BROWN & BROWN INC 2692687 58.10 179 10,399.90
0.05 MAS MASCO CORP 2570200 57.11 182 10,394.02
0.05 PTC PTC INC B95N910 112.16 91 10,206.56
0.05 MOH MOLINA HEALTHCARE INC 2212706 299.02 34 10,166.68
0.05 BXP BOSTON PROPERTIES INC 2019479 109.66 91 9,979.06
0.05 EXPD EXPEDITORS INTL WASH INC 2325507 108.71 91 9,892.61
0.05 RCL ROYAL CARIBBEAN 2754907 55.53 178 9,884.34
0.05 APA APA CORP BNNF1C1 45.84 215 9,855.60
0.05 EMN EASTMAN CHEMICAL CO 2298386 107.97 91 9,825.27
0.05 CHRW CH ROBINSON 2116228 107.61 91 9,792.51
0.05 VRSN VERISIGN INC 2142922 172.71 56 9,671.76
0.05 AES AES CORP 2002479 22.00 437 9,614.00
0.05 TER TERADYNE INC 2884183 104.94 91 9,549.54
0.04 SWKS SKYWORKS SOLUTIONS INC 2961053 104.54 91 9,513.14
0.04 IRM IRON MOUNTAIN INC BVFTF03 51.96 182 9,456.72
0.04 HWM HOWMET AEROSPACE INC BKLJ8V2 34.61 273 9,448.53
0.04 LDOS LEIDOS HOLDINGS INC BDV82B8 103.63 91 9,430.33
0.04 MGM MGM RESORTS INTERNATIONAL 2547419 34.48 273 9,413.04
0.04 WRB WR BERKLEY CORP 2093644 70.11 134 9,394.74
0.04 GRMN GARMIN LTD B3Z5T14 102.49 91 9,326.59
0.04 TDY TELEDYNE TECHNOLOGIES INC 2503477 388.25 24 9,318.00
0.04 ZBRA ZEBRA TECH CORP 2989356 332.47 28 9,309.16
0.04 MPWR MONOLITHIC POWER B01Z7J1 421.67 22 9,276.74
0.04 LKQ LKQ CORP 2971029 50.92 182 9,267.44
0.04 HST HOST HOTELS & RESORTS INC 2567503 20.36 455 9,263.80
0.04 RJF RAYMOND JAMES 2718992 96.13 96 9,228.48
0.04 CPT CAMDEN PROPERTY TRUST 2166320 141.90 65 9,223.50
0.04 CTLT CATALENT INC BP96PQ4 100.97 91 9,188.27
0.04 AKAM AKAMAI TECHNOLOGIES INC 2507457 100.87 91 9,179.17
0.04 CTXS CITRIX SYSTEMS INC 2182553 100.43 91 9,139.13
0.04 NLOK NORTONLIFELOCK INC BJN4XN5 24.90 364 9,063.60
0.04 KMX CARMAX INC 2983563 99.16 91 9,023.56
0.04 CAG CONAGRA BRANDS INC 2215460 32.98 273 9,003.54
0.04 VTRS VIATRIS INC BMWS3X9 12.01 748 8,983.48
0.04 VFC VF CORP 2928683 48.87 182 8,894.34
0.04 BIO BIO-RAD LABORATORIES-A 2098508 522.46 17 8,881.82
0.04 NTAP NETAPP INC 2630643 70.49 126 8,881.74
0.04 HRL HORMEL FOODS CORP 2437264 48.42 182 8,812.44
0.04 QRVO QORVO INC BR9YYP4 108.48 81 8,786.88
0.04 NVR NVR INC 2637785 4,350.02 2 8,700.04
0.04 UDR UDR INC 2727910 47.59 182 8,661.38
0.04 IPG INTERPUBLIC GRP 2466321 31.62 273 8,632.26
0.04 WRK WESTROCK CO BYR0914 47.40 182 8,626.80
0.04 NI NISOURCE INC 2645409 31.54 273 8,610.42
0.04 COO COOPER COS INC/THE 2222631 343.71 25 8,592.75
0.04 NRG NRG ENERGY INC 2212922 46.71 182 8,501.22
0.04 STX SEAGATE TECHNOLO BKVD2N4 85.73 99 8,487.27
0.04 LYV LIVE NATION ENTE B0T7YX2 92.89 91 8,452.99
0.04 TYL TYLER TECHNOLOGIES INC 2909644 351.39 24 8,433.36
0.04 KIM KIMCO REALTY CORP 2491594 23.13 364 8,419.32
0.04 WHR WHIRLPOOL CORP 2960384 178.96 47 8,411.12
0.04 UAL UNITED AIRLINES B4QG225 46.07 182 8,384.74
0.04 JBHT HUNT (JB) TRANS 2445416 173.18 48 8,312.64
0.04 CBOE CBOE GLOBAL MARKETS INC B5834C5 108.92 76 8,277.92
0.04 PHM PULTEGROUP INC 2708841 44.98 182 8,186.36
0.04 IEX IDEX CORP 2456612 189.11 43 8,131.73
0.04 OMC OMNICOM GROUP 2279303 73.04 111 8,107.44
0.04 POOL POOL CORP 2781585 400.86 20 8,017.20
0.04 TXT TEXTRON INC 2885937 64.34 124 7,978.16
0.04 RHI ROBERT HALF INTL INC 2110703 86.91 91 7,908.81
0.04 ALLE ALLEGION PLC BFRT3W7 110.78 71 7,865.38
0.04 HAS HASBRO INC 2414580 85.99 91 7,825.09
0.04 HSIC HENRY SCHEIN INC 2416962 85.62 91 7,791.42
0.04 AVY AVERY DENNISON CORP 2066408 168.85 46 7,767.10
0.04 BBWI BATH & BODY WORKS INC BNNTGJ5 42.53 182 7,740.46
0.04 GNRC GENERAC HOLDINGS INC B6197Q2 241.24 32 7,719.68
0.04 XYL XYLEM INC B3P2CN8 83.93 91 7,637.63
0.04 CMA COMERICA INC 2212870 81.64 91 7,429.24
0.03 TECH BIO-TECHNE CORP BSHZ3Q0 365.32 20 7,306.40
0.03 FDS FACTSET RESEARCH 2329770 377.96 19 7,181.24
0.03 BWA BORGWARNER INC 2111955 39.39 182 7,168.98
0.03 PNW PINNACLE WEST CAPITAL 2048804 78.32 91 7,127.12
0.03 LUMN LUMEN TECHNOLOGIES INC BMDH249 12.05 589 7,097.45
0.03 OGN ORGANON & CO BLDC8J4 38.56 182 7,017.92
0.03 SEDG SOLAREDGE TECHNO BWC52Q6 266.44 26 6,927.44
0.03 INCY INCYTE CORP 2471950 76.02 91 6,917.82
0.03 FRT FEDERAL REALTY INVS TRUST BN7P9B2 113.09 60 6,785.40
0.03 PAYC PAYCOM SOFTWARE INC BL95MY0 281.69 24 6,760.56
0.03 ETSY ETSY INC BWTN5N1 78.25 85 6,651.25
0.03 AAL AMERICAN AIRLINE BCV7KT2 17.24 384 6,620.16
0.03 TFX TELEFLEX INC 2881407 285.47 23 6,565.81
0.03 SJM JM SMUCKER CO/THE 2951452 125.65 52 6,533.80
0.03 JKHY JACK HENRY 2469193 186.62 35 6,531.70
0.03 DPZ DOMINO'S PIZZA INC B01SD70 355.61 18 6,400.98
0.03 FBHS FORTUNE BRANDS H B3MC7D6 69.94 91 6,364.54
0.03 SBNY SIGNATURE BANK B00JQL9 203.46 31 6,307.26
0.03 FOXA FOX CORP - CLASS A BJJMGL2 34.54 182 6,286.28
0.03 CCL CARNIVAL CORP 2523044 13.21 475 6,274.75
0.03 ROL ROLLINS INC 2747305 36.25 172 6,235.00
0.03 LVS LAS VEGAS SANDS CORP B02T2J7 34.17 182 6,218.94
0.03 DXC DXC TECHNOLOGY CO BYXD7B3 34.16 182 6,217.12
0.03 REG REGENCY CENTERS CORP 2726177 67.21 91 6,116.11
0.03 TPR TAPESTRY INC BF09HX3 33.40 182 6,078.80
0.03 NDSN NORDSON CORP 2641838 215.48 28 6,033.44
0.03 LW LAMB WESTON HOLDINGS INC BDQZFJ3 65.78 91 5,985.98
0.03 BF/B BROWN-FORMAN CORP-CLASS B 2146838 65.20 91 5,933.20
0.03 L LOEWS CORP 2523022 64.78 91 5,894.98
0.03 WYNN WYNN RESORTS LTD 2963811 64.43 91 5,863.13
0.03 CRL CHARLES RIVER LA 2604336 230.21 25 5,755.25
0.03 ABMD ABIOMED INC 2003698 260.97 22 5,741.34
0.03 AAP ADVANCE AUTO PARTS INC 2822019 190.90 30 5,727.00
0.03 JNPR JUNIPER NETWORKS INC 2431846 30.62 182 5,572.84
0.03 NWL NEWELL BRANDS INC 2635701 20.98 263 5,517.74
0.03 SNA SNAP-ON INC 2818740 219.27 25 5,481.75
0.03 AOS SMITH (A.O.) CORP 2816023 59.63 91 5,426.33
0.02 LNC LINCOLN NATIONAL CORP 2516378 57.16 91 5,201.56
0.02 NLSN NIELSEN HOLDINGS PLC BWFY550 25.69 202 5,189.38
0.02 CDAY CERIDIAN HCM HOLDING INC BFX1V56 56.80 91 5,168.80
0.02 ZION ZIONS BANCORP NA 2989828 56.39 91 5,131.49
0.02 CZR CAESARS ENTERTAINMENT INC BMWWGB0 51.02 100 5,102.00
0.02 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 282.12 18 5,078.16
0.02 RE EVEREST RE GROUP LTD 2556868 279.21 18 5,025.78
0.02 TAP MOLSON COORS-B B067BM3 54.53 91 4,962.23
0.02 SEE SEALED AIR CORP 2232793 62.80 79 4,961.20
0.02 BEN FRANKLIN RESOURCES INC 2350684 27.21 182 4,952.22
0.02 FFIV F5 INC 2427599 162.33 29 4,707.57
0.02 NWSA NEWS CORP - CLASS A BBGVT40 17.23 273 4,703.79
0.02 PNR PENTAIR PLC BLS09M3 50.30 91 4,577.30
0.02 AIZ ASSURANT INC 2331430 179.37 25 4,484.25
0.02 CPB CAMPBELL SOUP CO CMN 2162845 47.90 91 4,358.90
0.02 XRAY DENTSPLY SIRONA INC BYNPPC6 38.95 111 4,323.45
0.02 ALK ALASKA AIR GROUP INC 2012605 47.13 91 4,288.83
0.02 DISH DISH NETWORK CORP-A 2303581 22.00 182 4,004.00
0.02 NCLH NORWEGIAN CRUISE B9CGTC3 15.39 255 3,924.45
0.02 GL GLOBE LIFE INC BK6YKG1 96.93 37 3,586.41
0.02 IVZ INVESCO LTD B28XP76 19.24 182 3,501.68
0.02 HII HUNTINGTON INGAL B40SSC9 211.50 16 3,384.00
0.02 MHK MOHAWK INDUSTRIES INC 2598699 139.40 23 3,206.20
0.02 VNO VORNADO REALTY TRUST 2933632 35.03 91 3,187.73
0.01 UHS UNIVERSAL HLTH-B 2923785 123.25 25 3,081.25
0.01 FOX FOX CORP - CLASS B BJJMGY5 31.81 91 2,894.71
0.01 PENN PENN NATIONAL GAMING INC 2682105 31.50 91 2,866.50
0.01 DVA DAVITA INC 2898087 97.44 24 2,338.56
0.01 XSP US 06/17/22 P368 151.00 14 2,114.00
0.01 NWS NEWS CORP - CLASS B BBGVT51 17.40 91 1,583.40
0.00 UAA UNDER ARMOUR INC-CLASS A B0PZN11 10.09 91 918.19
0.00 UA UNDER ARMOUR INC-CLASS C BDF9YM2 9.13 91 830.83
0.00 PVH PVH CORP B3V9F12 69.98 11 769.78
0.00 IPGP IPG PHOTONICS CORP 2698782 100.01 4 400.04
0.00 RL RALPH LAUREN CORP B4V9661 98.41 3 295.23
-0.14 XSP US 06/17/22 C389 2,102.00 -14 -29,428.00
-5.37 SPX US 06/17/22 C3885 21,290.00 -54 -1,149,660.00
Holdings are subject to change.

ETF Characteristics As of 05/26/22

Return on Equity 20.30%
Weighted Avg. Market Cap 544,411 M
2021 2022
Price-to-earnings 19.44 17.60
Price-to-book value 3.85 3.33

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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