XRMI ETF

Profile

Name:

Global X S&P 500 Risk Managed Income ETF

Assets under management:

$40 M

Expense ratio:

0.60%

Inception date:

25 August 2021

Last ex-dividend date:

18 November 2024

Next ex-dividend date:

N/A

Description:

The XRMI ETF is an exchange-traded fund that focuses on investing in companies involved in the extended reality (XR) sector, including virtual reality (VR), augmented reality (AR), and mixed reality (MR). It aims to provide exposure to innovative technologies and growth opportunities in this emerging market.
Name
Weight
AAPL logo
Apple(AAPL)
6.85 %
NVDA logo
NVIDIA(NVDA)
6.46 %
MSFT logo
Microsoft(MSFT)
5.98 %
AMZN logo
Amazon(AMZN)
3.68 %
SPX US 12/20/24 C5880
2.98 %
2.38 %
GOOGL logo
Alphabet(GOOGL)
1.88 %
TSLA logo
Tesla(TSLA)
1.82 %
1.68 %
GOOG logo
Alphabet(GOOG)
1.55 %

Holding types

Countries

Sectors

Analyst ratings

Market Data

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XRMI: A Strategy That's Not Working Out
XRMI: A Strategy That's Not Working Out
XRMI: A Strategy That's Not Working Out
XRMI
Seeking Alpha24 August 2023

The Global X S&P 500 Risk Managed Income ETF is a covered call fund that uses a collar strategy for protection. The collar strategy limits upside potential and may not provide effective protection in most market scenarios. XRMI underperformed since January 2022, even though we experienced a bear market during this time.

XRMI: Risk Managed S&P 500 Return, Not Worth The Trouble
XRMI: Risk Managed S&P 500 Return, Not Worth The Trouble
XRMI: Risk Managed S&P 500 Return, Not Worth The Trouble
XRMI
Seeking Alpha15 June 2023

The Global X S&P 500 Risk Managed Income ETF seeks to provide investment results that correspond generally to the Cboe S&P 500 Risk Managed Income Index. XRMI does this by selling monthly at the money call options and buying 5% out of the money puts, while holding the Index outright. This structure significantly buffers volatility, but at the same time gives up most of the upside in a bull market.

FAQ

  • What is XRMI ETF?
  • Does XRMI pay dividends?
  • What stocks are in XRMI ETF?
  • What is the current assets under management for XRMI?
  • What is XRMI average volume?
  • What is XRMI expense ratio?
  • What is XRMI inception date?

What is XRMI ETF?

The XRMI ETF is an exchange-traded fund that focuses on investing in companies involved in the extended reality (XR) sector, including virtual reality (VR), augmented reality (AR), and mixed reality (MR). It aims to provide exposure to innovative technologies and growth opportunities in this emerging market.

Does XRMI pay dividends?

Yes, the Global X S&P 500 Risk Managed Income ETF does pays dividends, with the most recent payment being $0.20 per share. The last ex-dividend date was on 18 November 2024, and the next ex-dividend date has not been announced yet

What stocks are in XRMI ETF?

As of today, Global X S&P 500 Risk Managed Income ETF inlcudes 509 holdings, with 503 of them being companies from 6 different countries and 11 sectors. The most weighted holdings are Apple (6.85%), NVIDIA (6.46%) and Microsoft (5.98%)

What is the current assets under management for XRMI?

Assets under management of Global X S&P 500 Risk Managed Income ETF is $40 M

What is XRMI average volume?

Average volume of Global X S&P 500 Risk Managed Income ETF is $12 K

What is XRMI expense ratio?

Expense ratio of Global X S&P 500 Risk Managed Income ETF is 0.60%

What is XRMI inception date?

Inception date of Global X S&P 500 Risk Managed Income ETF is 25 August 2021