XRMI Fees and Costs — Global X S&P 500 Risk Managed Income ETF
Data updated: 2026-09-29
The net expense ratio is 0.60%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $10K in broker commissions, 0.0225% of average net assets, and portfolio turnover was 10%.
XRMI Fees and Expenses
Annual operating expenses and sales charges of XRMI. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
XRMI Costs Over Time
On $10,000 invested in XRMI, assuming 5% a year before costs, total costs come to $392 over 5 years, cutting the return by 0.65% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $215 | $392 |
| Value after costs | $10,435 | $11,361 | $12,370 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
XRMI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0225%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
XRMI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS FINANCIAL SERVICES INC | $6K | 58.30% |
| CITIGROUP | $1K | 14.22% |
| GOLDMAN, SACHS & CO. | $629 | 6.29% |
| JANE STREET EXECUTION SERVICES | $570 | 5.71% |
| SUSQUEHANNA | $427 | 4.27% |
| MIZUHO SECURITIES | $352 | 3.52% |
| BARCLAY BANK PLC | $328 | 3.29% |
| BAML | $252 | 2.53% |
| BAIRD, PATRICK & COMPANY INC. | $120 | 1.20% |
| BTIG | $67 | 0.67% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.