Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

HJAN vs XRMI: which paid, and which earned it?

HJAN and XRMI both write options for income.

Innovator Premium Income 9 Buffer ETF - January and Global X S&P 500 Risk Managed Income ETF.

0.0%HJAN cash paid, 1 year
12.1%XRMI cash paid, 1 year
0.0%HJAN total return, 1 year
+10.3%XRMI total return, 1 year
HJAN0.8 pts behind SPY · since launch to Sep 18, 2026
SPY+0.8%HJAN0.0%0.8 pts behind SPYTotal return, distributions reinvestedSPY+0.8%HJAN0.0%0.8 pts behind SPY
XRMI6.3 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%XRMI+10.3%12.1% of it arrived as cash6.3 pts behind SPYTotal return, distributions reinvestedSPY+16.6%XRMI+10.3%12.1% cash6.3 pts behind SPY

Performance, window by window

HJAN and XRMI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
HJANXRMIHJANXRMIHJANXRMI
3 monthsnot published+3.5%not published3.0%not published+1.2 pts
6 monthsnot published+8.9%not published6.3%not published−9.1 pts
1 yearnot published+10.3%not published12.1%not published−6.3 pts
3 yearsnot published+27.2%not published33.3%not published−51.2 pts
Since launch0.0%+17.0%0.0%43.8%−0.8 pts−66.1 pts
Open the live comparison on ETFIQ
HJAN and XRMI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
HJAN
Innovator Premium Income 9 Buffer ETF - January
Buffer with income on SPY
XRMI
Global X S&P 500 Risk Managed Income ETF
Option income on SPY, paying monthly
IssuerInnovatorGlobal X
Strategybuffer with incomeoption income
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysnot establishedmonthly
Payout rate, annualizednot published12.3%
Expense ratio0.79%0.60%
Cash paid, 1 year0.0% (since launch on Sep 10, 2026)12.1%
Price change, 1 year0.0%−2.4%
Total return, 1 year0.0% (since launch on Sep 10, 2026)+10.3%
Benchmark return, 1 year+0.8%+16.6%
Ahead or behind−0.8 pts−6.3 pts
Return of capital, latest estimatenot published95%
Age8 days1849 days
Net assetsnot published$60m

HJAN in plain words

Over the period since launch on Sep 10, 2026 to Sep 18, 2026, HJAN paid 0.0% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned 0.0%. S&P 500 (SPY) returned +0.8% over the same days, so a holder was behind by 0.8 pts.

XRMI in plain words

Over the year to Sep 18, 2026, XRMI paid 12.1% of its starting value in cash distributions while its price fell 2.4%. With every distribution reinvested, the fund returned +10.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 6.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.3%, paid monthly. Global X estimates that 95% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, HJAN or XRMI?
HJAN charges 0.79% a year and XRMI charges 0.60%, so XRMI is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

HJAN against XRMI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, HJAN against XRMI, data as of Sep 18, 2026. https://etfiq.com/compare/income/hjan-vs-xrmi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources