The fund invests at least 80% of its total assets in the securities of the Cboe S&P 500 Risk Managed Income Index (underlying index). The underlying index measures the performance of a risk managed income strategy that holds the underlying stocks of the S&P 500® Index and applies an options collar strategy (i.e., a mix of short (sold) call options and long (purchased) put options) on the S&P 500® Index.
Frequently asked questions
What is the Global X S&P 500® Risk Managed Income ETF (XRMI) expense ratio?
The Global X S&P 500® Risk Managed Income ETF funds expense ratio is 0.6%.
What is Global X S&P 500® Risk Managed Income ETF (XRMI) current stock price?
As of the latest data, Global X S&P 500® Risk Managed Income ETF stock price is $17.43, with a previous close of $17.42. Global X S&P 500® Risk Managed Income ETF gained $0.01 in the last trading session, representing a 0.03% increase.
Does Global X S&P 500® Risk Managed Income ETF (XRMI) pay dividends?
Yes. Global X S&P 500® Risk Managed Income ETF pays monthly dividends with an annualized yield of 12.38% and an estimated annual payout of $2.16 per share.
