# Global X S&P 500 Risk Managed Income ETF (XRMI) — Overview

XRMI · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/xrmi

## Price

Last close $17.37 on Oct 15, 2026. 52-week range $16.77 – $18.03.

## Fund profile

XRMI tracks an index that holds S&P 500 stocks combined with an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis.

| Metric | Value |
| --- | --- |
| Issuer | Global X Management Company LLC |
| Industry | — |
| Inception | Aug 25, 2021 |
| Assets under management | $62.4M |
| Expense ratio | 0.60% |
| Net asset value | $17.34 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Global X S&P 500 Risk Managed Income ETF (XRMI)?

XRMI tracks an index that holds S&P 500 stocks combined with an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis.

### What is XRMI's expense ratio?

Global X S&P 500 Risk Managed Income ETF charges an annual expense ratio of 0.60%. The fund is issued by Global X Management Company LLC.

### How large is XRMI?

Global X S&P 500 Risk Managed Income ETF manages $62.4M in assets and has traded since Aug 25, 2021.

### How do I buy shares of Global X S&P 500 Risk Managed Income ETF (XRMI)?

XRMI trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).