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XRMIvsOVLETF Comparison
Global X S&P 500 Risk Managed Income ETF (XRMI) and Overlay Shares Large Cap Equity ETF (OVL) belong to the same industry segment: Options Strategies. XRMI's top 3 sector exposures are Information Technology, Communication Services and Financials. In contrast, OVL's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. XRMI is less expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.79% for OVL. XRMI is down -0.64% year-to-date (YTD) with +$159K in YTD flows. OVL performs worse with -2.21% YTD performance, and -$103K in YTD flows. Run a side-by-side ETF comparison of XRMI and OVL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
XRMI vs OVL performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | XRMI OVL | -1.04%-2.69% | +0.30%-1.64% | -0.64%-2.21% | +6.31%+24.47% | +23.63%+85.93% | n/a+78.63% |
| Flows | XRMI OVL | +$1M+$2M | +$159K-$2M | +$159K-$103K | +$270K-$17M | +$23M-$33M | --$10M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | XRMI OVL | +5.31%+14.52% | +5.90%+20.43% | +5.71%+16.96% | n/a+18.83% |
| Max drawdown | XRMI OVL | -2.09%-4.80% | -4.81%-15.55% | -7.98%-21.55% | n/a-28.68% |
| Max drawdown duration | XRMI OVL | 16d16d | 135d45d | 274d133d | n/a745d |
XRMI | OVL | |
Last sale 3/13/2026 at 1:30 PM | $17.45 | $51.08 |
| Previous close 03/12/2026 | $17.53 | $51.54 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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XRMI | OVL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
XRMI | OVL | |
|---|---|---|
| Last price | $17.45 | $51.08 |
| 1D performance | -0.43% | -0.89% |
| AuM | $42.70 M | $173.84 M |
| E/R | 0.6% | 0.79% |
XRMI | OVL | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Global X | Overlay Shares |
| Benchmark | Cboe S&P 500 Risk Managed Income Index | - |
| N° of holdings | 479 | 479 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 25, 2021 | September 25, 2019 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the XRMI and OVL ETFs performed in 2026?
As of March 13, 2026, XRMI is down -0.64% year-to-date (YTD), while OVL has lost -2.21%. That puts XRMI better performer ahead so far this year.
Which ETF is attracting more investor money: XRMI or OVL?
Year-to-date, the XRMI ETF saw +$159K in flows, compared to -$103K for OVL.
Which ETF is more volatile: XRMI or OVL?
Over the past year, XRMI had a volatility of 5.9%, while OVL experienced 20.43%.
Which ETF is bigger: XRMI or OVL?
As of March 13, 2026, XRMI holds $42.70 M in assets under management (AUM), while OVL manages $173.84 M.
What sectors do the XRMI and OVL ETFs invest in?
XRMI leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, OVL focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the XRMI ETF and OVL ETF?
XRMI top holdings include NVIDIA, APPLE and MICROSOFT-T. OVL holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: XRMI or OVL?
XRMI holds 502 securities with 44.48% of its assets in the top 15. OVL has 503 securities and a top 15 weight of 43.91%.
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