Data as of .
XPAY vs XRMI: which paid, and which earned it?
Over the year XPAY paid 19.9% of its price in cash against XRMI’s 12.1%, and returned more with it reinvested.
ETFIQ Return Stability Score: XPAY scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, XPAY and XRMI hold 0% of their money in the same securities at the same weight.
| Only in XPAY | Only in XRMI |
|---|---|
| SPY 02/12/2027 33.47 C 13.75% | NVIDIA CORP 8.27% |
| SPY 07/16/2027 36.7 C 11.79% | APPLE INC 7.54% |
| SPY 03/12/2027 33.67 C 11.51% | MICROSOFT CORP 5.63% |
| SPY 04/16/2027 33.87 C 11.49% | AMAZON.COM INC 3.82% |
| SPY 06/11/2027 37.11 C 10.07% | ALPHABET INC-CL A 3.15% |
| SPY 01/15/2027 33.21 C 6.96% | BROADCOM INC 2.61% |
| SPY 12/11/2026 33.1 C 6.40% | ALPHABET INC-CL C 2.50% |
| SPY 09/10/2027 37.99 C 5.57% | META PLATFORMS INC 2.26% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| XPAY | XRMI | XPAY | XRMI | XPAY | XRMI | |
| 3 months | +2.0% | +3.5% | 5.0% | 3.0% | −0.3 pts | +1.2 pts |
| 6 months | +17.8% | +8.9% | 11.1% | 6.3% | −0.2 pts | −9.1 pts |
| 1 year | +15.7% | +10.3% | 19.9% | 12.1% | −0.9 pts | −6.3 pts |
| 3 years | not published | +27.2% | not published | 33.3% | not published | −51.2 pts |
| Since launch | +34.7% | +17.0% | 37.5% | 43.8% | −2.3 pts | −66.1 pts |
| XPAY Roundhill S&P 500 Target 20 Managed Distribution ETF Option income on SPY, paying monthly | XRMI Global X S&P 500 Risk Managed Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Roundhill | Global X |
| Strategy | option income | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 20.8% | 12.3% |
| Expense ratio | 0.49% | 0.60% |
| Cash paid, 1 year | 19.9% | 12.1% |
| Price change, 1 year | −5.8% | −2.4% |
| Total return, 1 year | +15.7% | +10.3% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −0.9 pts | −6.3 pts |
| Return of capital, latest estimate | not published | 95% |
| Age | 687 days | 1849 days |
| Net assets | $179m | $60m |
XPAY in plain words
Over the year to Sep 18, 2026, XPAY paid 19.9% of its starting value in cash distributions while its price fell 5.8%. With every distribution reinvested, the fund returned +15.7%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.8%, paid monthly.
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 paid more, XPAY or XRMI?
- Over the year to Sep 18, 2026, XPAY paid 19.9% of its starting price in cash and XRMI paid 12.1%, so XPAY paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, XPAY or XRMI?
- With every distribution reinvested, XPAY returned +15.7% and XRMI returned +10.3% over the year to Sep 18, 2026, so XPAY returned more.
- Which is cheaper, XPAY or XRMI?
- XPAY charges 0.49% a year and XRMI charges 0.60%, so XPAY 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.
Cite this page. ETFIQ, XPAY against XRMI, data as of Sep 18, 2026. https://etfiq.com/compare/income/xpay-vs-xrmi Free to use with attribution; the underlying files are at Open data.