Global X Management Company LLC (Global X), the New York-based provider of exchange-traded funds (ETFs), today announced the launch of the Global X Adaptive Risk Managed Yield ETF (RMHY). The fund is designed to provide exposure to high yield corporate bonds while systematically shifting into short-term U.S. Treasury bills in an effort to achieve downside protection prior to and during periods of adverse high yield bond market conditions.
RMHY is passively managed with a gross expense ratio of 35 basis points, and a net expense ratio of 30 basis points pursuant to a contractual expense limitation agreement through at least April 1, 2028.
The new fund is part of Global X’s suite of 15 fixed income ETFs, which offer exposure to investment grade and emerging market bonds as well as U.S. Treasuries and U.S. Treasury STRIPS (Separate Trading of Registered Interest and Principal of Securities). Originally known for its thematic funds, Global X’s product line-up now features 116 ETFs with a wide range of strategies, including income, commodities, international, and core.
“Today’s market environment is defined by uncertainty and dynamic moves that have left investors looking for investment opportunities that seek to generate both income and greater security in their portfolios,” said Scott Helfstein, Head of Investment Strategy at Global X. “This product seeks to help investors navigate this kind of market environment by addressing a risk-off mindset while continuing to seek upside potential and income preservation.”
The concept was proposed by Patrick Bobbins, CFA®, CIMA®, a Charlotte, N.C.-based senior vice president with Adaptive Wealth Strategies, the index division of NorthCrest Asset Management.
“I view RMHY as a core product with an exciting twist,” Bobbins said. “It seeks to allow investors to play offense while the fund systematically manages defense, thereby providing investors with a risk-managed potential income solution.”
RMHY allocates to high yield corporate bonds when the underlying quantitative model identifies relatively normal high yield market conditions in an effort to capture income and return opportunities. When the model identifies elevated market risk, it re-allocates to short-term U.S. Treasuries in an effort to preserve capital.
RMHY seeks to track the Adaptive Wealth Strategies Risk Managed Yield Index, which is designed to dynamically allocate between either 100% exposure to the Solactive USD High Yield Corporates Total Market Index (representing high yield exposure) or 100% exposure to the Solactive 1-3 Month U.S. T-Bill Index (representing the defensive short-term U.S. Treasuries exposure).
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New Fund Details |
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Fund Name and Ticker |
Gross Expense Ratio |
Net Expense Ratio* |
CUSIP / ISIN |
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Global X Adaptive Risk Managed Yield ETF (RMHY) |
0.35% |
0.30% |
37966B760 / US37966B7608 |
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*Fees and expenses are contractually waived to 0.30% through at least April 1, 2028. |
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About Global X
Global X was founded in 2008. For more than fifteen years, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features a wide range of ETF strategies and $86.58 billion in assets under management.[i] While we are distinguished for our thematic, income, and international ETFs, we also offer core and other funds to suit a wide range of investment objectives. Explore our ETFs, research and insights, and more at www.globalxetfs.com.
Global X is a member of Mirae Asset Financial Group (Mirae Asset), a global leader in financial services, with $803 billion in assets under management worldwide.[ii] Mirae Asset has an extensive global ETF platform ranging across the U.S., Australia, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam.
Important Information
Investing involves risk, including the possible loss of principal. RHMY is subject to certain principal risks, including: Bond Investment Risk; ETF Investment Risk; Fixed Income Securities Risk; U.S. Treasury Obligations Risk; Credit Risk; Cybersecurity Risk; Extension Risk; Focus Risk; Risk of Investing in the United States; Government Debt Risk; Income Risk; High Yield Securities Risk; Indexing Strategy Risk, including Index-Related Risk, Management Risk, Representative Sampling Risk, and Tracking Error Risk; Interest Rate Risk; Issuer Risk; Market Risk; Model Portfolio Risk; New Fund Risk; Non-Diversification Risk; Operational Risk; Quantitative Signals Risk; Risks Associated with Exchange-Traded Funds, including Authorized Participants Concentration Risk, Large Shareholder Risk, Listing Standards Risk, and Market Trading Risks and Premium/Discount Risks; Rule 144A Securities and Other Exempt Securities Risk; Securities Lending Risk; Trading Halt Risk; Trend Lag Risk; Turnover Risk; and Valuation Risk.
Fixed income securities are subject to loss of principal during periods of rising interest rates. High yield bonds involve greater risks of default or downgrade and are more volatile than investment grade securities, due to the speculative nature of their investments.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses, which may be obtained at globalxetfs.com. Please read the prospectus carefully before investing.
Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Adaptive Wealth Strategies® (AWS), nor does AWS make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with AWS or NorthCrest Asset Management.
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[i] Source: Global X ETFs, as of March 31, 2026. |
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[ii] Source: Mirae Asset, as of December 31, 2025. |
View source version on businesswire.com: https://www.businesswire.com/news/home/20260624088977/en/
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