ETF Evaluator: Global X Adaptive Risk Managed Hi YldETF () Follow This ETF

Global X Adaptive Risk Managed Hi YldETF Overview

Global X Adaptive Risk Managed Hi YldETF (RMHY) is a passively managed Taxable Bond Multisector Bond exchange-traded fund (ETF). Global X Funds launched the ETF in 2026.

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies Risk Managed Yield Index ("underlying index"). The fund invests at least 80% of its total assets, plus borrowings for investment purposes (if any), in the securities of the underlying index, or in investments that have economic characteristics that are similar to the economic characteristics of such component securities, either individually or in the aggregate. It is non-diversified.

About Global X Adaptive Risk Managed Hi YldETF (RMHY)

There are 2 members of the management team with an average tenure of 0.10 years: Nam To (2026) and Sandy Lu (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: Solactive USD HY Cor Total Market TR USD index with a weighting of 100%. Global X Adaptive Risk Managed Hi YldETF has 2 securities in its portfolio. The top 10 holdings constitute 100.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Global X Adaptive Risk Managed Hi YldETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Global X Adaptive Risk Managed Hi YldETF has 12.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 98.5% (86.0% domestic bond, 12.6% foreign bond and 0.0% convertible bond). Global X Adaptive Risk Managed Hi YldETF has 1.5% of the portfolio in cash.

Assets Under Management

The fund has $49 million in total assets, which is below the $1 billion average for the Multisector Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

RMHY Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Global X Adaptive Risk Managed Hi YldETF expense ratio is below average compared to funds in the Multisector Bond category. Global X Adaptive Risk Managed Hi YldETF has an expense ratio of 0.30%, which is 54% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Global X Adaptive Risk Managed Hi YldETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 163% for the Multisector Bond category.

Recently, in the month of July 2026, Global X Adaptive Risk Managed Hi YldETF returned -0.1%, which earned it a grade of A, as the Multisector Bond category had an average return of -0.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Global X Adaptive Risk Managed Hi YldETF has a trailing yield of 0.00%, which is below the 5.63% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

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