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XRMI - NUSI: Notable Downsides Compared To Peer Risk-Managed Income Funds
July, 09 2024 10:09 PM
Global X S&P 500 Risk Managed Income ETF
2024-07-09 22:09:19 ET
Summary Although NUSI has been able to offer reduced volatility, the fund has seen lower overall performance compared to peer risk-managed income ETFs. NUSI has relatively high fees along with a dividend yield on the lower end compared to leading competitor ETFs. NUSI's risk management strategy has not been as effective as other income funds, as shown in its significant share price decline in 2022. Due to its heavy weight on mega-cap, big tech companies, NUSI has a relatively high valuation and is at risk of correction. Investment Thesis For further details see:
NUSI: Notable Downsides Compared To Peer Risk-Managed Income Funds
Stock Information
Company Name:
Global X S&P 500 Risk Managed Income ETF
Stock Symbol:
XRMI
Market:
NYSE
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