| Fund Description |
| 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. |
| Fund Profile |
| Fund Name |
Global X S&P 500 Risk Managed Income ETF |
| Fund Exchange Ticker |
XRMI |
| Fund Sponsor |
Global X |
| Fund ISIN |
US37960A2069 |
| Net Expense Ratio |
0.60 % |
| Fund Inception Date |
25 August 2021 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
NYSE Arca |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
US Equities - Quant Strat |
| Asset Class |
Equities (Stocks) |
| Index Linked |
Passive |
| Index Name |
Cboe S&P 500 Risk Managed Income Index |
| Index Provider |
CBOE |
| Currency Hedged |
No |
| Inverse / Leveraged |
Not Applicable |
| Developed / Emerging |
Developed Market Funds |
| Market Capitalization Range |
Large Cap |
| Growth Value |
Core / Blend |
| Continent |
North America |
| Key Statistics |
| Return As of Date |
17 March 2023 |
| Asset Under Management |
25.41 Million (USD) |
| 1 Month Total Return |
-3.39 % |
| Year To Date Return |
-0.57 % |
| 1 Year Total Return |
-19.58 % |
| 3 Year Annualized Total Return |
|
| NAV |
20.33 |
| Share Outstanding |
1,250,000 |