EDGQ vs. ARMW

Last updated Jun 25, 2026

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

Performance

EDGQ vs. ARMW - Performance Comparison

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

Returns By Period

EDGQ

• 1D: -0.86%
• 1M: -1.55%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -2.38%
• 1M: 19.11%
• YTD: 287.65%
• 6M: 278.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDGQ vs. ARMW - Yearly Performance Comparison

	2026 (YTD)
EDGQ Global X Nasdaq-100 Income Edge ETF	14.57%
ARMW Roundhill ARM WeeklyPay ETF	227.91%

Correlation

The correlation between EDGQ and ARMW 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

EDGQ vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq-100 Income Edge ETF (EDGQ) and Roundhill ARM WeeklyPay ETF (ARMW). 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

EDGQ vs. ARMW - Drawdown Comparison

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

Drawdown Indicators

	EDGQ	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-7.87%	-48.47%	+40.60%
Current Drawdown Current decline from peak	-4.58%	-21.98%	+17.40%
Average Drawdown Average peak-to-trough decline	-1.56%	-25.27%	+23.71%

Volatility

Volatility by Period

	EDGQ	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.80%	94.53%	-74.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.80%	94.53%	-74.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.80%	94.53%	-74.73%

EDGQ vs. ARMW - Expense Ratio Comparison

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

Dividends

EDGQ vs. ARMW - Dividend Comparison

EDGQ's dividend yield for the trailing twelve months is around 4.29%, less than ARMW's 26.61% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	26.61%	16.38%
EDGQ Global X Nasdaq-100 Income Edge ETF	4.29%	0.00%

Frequently Asked Questions

Can I hold both EDGQ and ARMW in my portfolio?

EDGQ and ARMW 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, EDGQ or ARMW?

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, EDGQ or ARMW?

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

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

ARMW has the higher dividend yield at 26.61%, compared with 4.29% for EDGQ.

What is the main difference between EDGQ and ARMW?

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