ARMW vs. EDGQ

Last updated Jun 24, 2026

ARMW (Roundhill ARM WeeklyPay ETF) and EDGQ (Global X Nasdaq-100 Income Edge ETF) are both Derivative Income funds. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. ARMW charges 0.99%/yr vs 0.53%/yr for EDGQ.

Performance

ARMW vs. EDGQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill ARM WeeklyPay ETF (ARMW) and Global X Nasdaq-100 Income Edge ETF (EDGQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ARMW

• 1D: -13.02%
• 1M: 22.00%
• YTD: 297.09%
• 6M: 286.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EDGQ

• 1D: -2.78%
• 1M: -0.70%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARMW vs. EDGQ - Yearly Performance Comparison

	2026 (YTD)
ARMW Roundhill ARM WeeklyPay ETF	235.89%
EDGQ Global X Nasdaq-100 Income Edge ETF	15.56%

Correlation

The correlation between ARMW and EDGQ is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 18, 2026	0.66

Return for Risk

ARMW vs. EDGQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill ARM WeeklyPay ETF (ARMW) and Global X Nasdaq-100 Income Edge ETF (EDGQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

ARMW vs. EDGQ - Drawdown Comparison

The maximum ARMW drawdown since its inception was -48.47%, which is greater than EDGQ's maximum drawdown of -7.87%. Use the drawdown chart below to compare losses from any high point for ARMW and EDGQ.

Drawdown Indicators

	ARMW	EDGQ	Difference
Max Drawdown Largest peak-to-trough decline	-48.47%	-7.87%	-40.60%
Current Drawdown Current decline from peak	-20.08%	-3.76%	-16.32%
Average Drawdown Average peak-to-trough decline	-25.29%	-1.53%	-23.76%

Volatility

Volatility by Period

	ARMW	EDGQ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	94.74%	19.83%	+74.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	94.74%	19.83%	+74.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.74%	19.83%	+74.91%

ARMW vs. EDGQ - Expense Ratio Comparison

ARMW has a 0.99% expense ratio, which is higher than EDGQ's 0.53% expense ratio.

Dividends

ARMW vs. EDGQ - Dividend Comparison

ARMW's dividend yield for the trailing twelve months is around 25.98%, more than EDGQ's 4.26% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	25.98%	16.38%
EDGQ Global X Nasdaq-100 Income Edge ETF	4.26%	0.00%

Frequently Asked Questions

Can I hold both ARMW and EDGQ in my portfolio?

ARMW and EDGQ have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARMW or EDGQ?

On fees, EDGQ is cheaper at 0.53% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARMW or EDGQ?

EDGQ is cheaper with a 0.53% expense ratio, compared with 0.99% for ARMW.

Which ETF pays a higher dividend yield, ARMW or EDGQ?

ARMW has the higher dividend yield at 25.98%, compared with 4.26% for EDGQ.

What is the main difference between ARMW and EDGQ?

They also come from different issuers: Roundhill Investments and Global X. Their fees differ too: 0.99% for ARMW and 0.53% for EDGQ.