Global X S&P 500 Risk Managed Income ETF (XRMI)
- Previous Close
18.81 - Open
18.84 - Bid 9.44 x 800
- Ask 21.00 x 800
- Day's Range
18.81 - 18.91 - 52 Week Range
18.03 - 19.69 - Volume
20,612 - Avg. Volume
11,500 - Net Assets 38.23M
- NAV 18.82
- PE Ratio (TTM) 19.06
- Yield 11.99%
- YTD Daily Total Return 10.27%
- Beta (5Y Monthly) 0.36
- Expense Ratio (net) 0.60%
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.
Global X Funds
Fund Family
Derivative Income
Fund Category
38.23M
Net Assets
2021-08-25
Inception Date
Performance Overview: XRMI
View MoreTrailing returns as of 11/1/2024. Category is Derivative Income.
People Also Watch
Holdings: XRMI
View MoreTop 9 Holdings (33.78% of Total Assets)
Sector Weightings
Related ETF News
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Research Reports: XRMI
View MoreMortgage rates remain elevated
AGNC Investment Corp. is a publicly traded REIT focused on residential housing. The company's investment portfolio consists of agency mortgage-backed securities (MBS) managed on a leveraged basis. The company uses an actively managed portfolio and hedging strategies with the goal of preserving net asset value in different interest rate scenarios.
RatingPrice TargetThe major indices are flat at midday. The 10-year Treasury note is steady at 4.
The major indices are flat at midday. The 10-year Treasury note is steady at 4.26%. Oil is up 2% at $69 per barrel. GDP came in at 2.8%. This is the first or advance estimate for 3Q. The headline number is below expectations but several component numbers are positive. Consumer spending was up a whopping 6%. The PCE Price Index rose 1.5%, well below the increase in the second quarter.
Lowering target price to $49.00
REALTY INCOME CORP has an Investment Rating of SELL; a target price of $49.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Low.
RatingPrice TargetDisciplined Acquisition Strategy Drives Growth for Realty Income
Realty Income owns roughly 15,400 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 20% of revenue.
RatingPrice Target