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XRMI ETF Profile


Family: Global X
Name: Global X S&P 500 Risk Managed Income ETF
Inception Date: 25-Aug-2021
Termination Date:
Investment Objective: The Global X S&P 500 Risk Managed Income ETF (XRMI) employs a protective net-credit collar 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 options on SPX and selling at-the-money call options on the same index.
Prospectus
Top 10 Holdings
APPLE INC AAPL 7.5500%
NVIDIA CORP NVDA 6.9000%
MICROSOFT CORP MSFT 6.7200%
AMAZON.COM INC AMZN 4.3300%
SPX US 12/20/24 C5880 -3.6200%
META PLATFORMS INC META 2.7700%
TESLA INC TSLA 2.3700%
ALPHABET INC-CL A GOOGL 2.3100%
ALPHABET INC-CL C GOOG 1.9000%
BROADCOM INC AVGO 1.7200%
Top 10 Holdings Weight: 33.0%
Number of Holdings: 510
Shares Outstanding: 2,210,000
Total Net Assets: 42,400,400
NAV: 19.17
Net Expense Ratio: 0.60%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Strategy: Buffer protect options strategy
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Market Cap: Large Cap
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Is Currency Hedged: No
US or Ex-US: Domestic