EDGQ vs. CHPY

Last updated Jul 2, 2026

EDGQ (Global X Nasdaq-100 Income Edge ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both Derivative Income funds. Both are actively managed. Their correlation of 0.84 suggests significant overlap in exposure. EDGQ charges 0.53%/yr vs 0.99%/yr for CHPY.

Performance

EDGQ vs. CHPY - Performance Comparison

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

Returns By Period

EDGQ

• 1D: -1.17%
• 1M: -2.01%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPY

• 1D: -5.28%
• 1M: 5.61%
• YTD: 85.00%
• 6M: 85.00%
• 1Y: 131.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDGQ vs. CHPY - Yearly Performance Comparison

	2026 (YTD)
EDGQ Global X Nasdaq-100 Income Edge ETF	17.15%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	60.77%

Correlation

The correlation between EDGQ and CHPY is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 18, 2026	0.84

Return for Risk

EDGQ vs. CHPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EDGQ

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

CHPY

CHPY Risk / Return Rank: 96
CHPY Sharpe Ratio Rank: 97
CHPY Sortino Ratio Rank: 94
CHPY Omega Ratio Rank: 94
CHPY Calmar Ratio Rank: 98
CHPY Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDGQ vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq-100 Income Edge ETF (EDGQ) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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.

	EDGQ	CHPY	Difference
Sharpe ratio: Return per unit of total volatility	—	3.92	—
Sortino ratio: Return per unit of downside risk	—	4.05	—
Omega ratio: Gain probability vs. loss probability	—	1.60	—
Calmar ratio: Return relative to maximum drawdown	—	10.91	—
Martin ratio: Return relative to average drawdown	—	37.30	—

Drawdowns

EDGQ vs. CHPY - Drawdown Comparison

The maximum EDGQ drawdown since its inception was -7.87%, smaller than the maximum CHPY drawdown of -12.19%. Use the drawdown chart below to compare losses from any high point for EDGQ and CHPY.

Drawdown Indicators

	EDGQ	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-7.87%	-12.19%	+4.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.17%	—
Current Drawdown Current decline from peak	-2.43%	-5.78%	+3.35%
Average Drawdown Average peak-to-trough decline	-1.64%	-2.19%	+0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.55%	—

Volatility

Volatility by Period

	EDGQ	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.79%	33.91%	-14.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.79%	37.04%	-17.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.79%	37.04%	-17.25%

EDGQ vs. CHPY - Expense Ratio Comparison

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

Dividends

EDGQ vs. CHPY - Dividend Comparison

EDGQ's dividend yield for the trailing twelve months is around 4.45%, less than CHPY's 31.05% yield.

Position	TTM	2025
CHPY YieldMax Semiconductor Portfolio Option Income ETF	31.05%	28.19%
EDGQ Global X Nasdaq-100 Income Edge ETF	4.45%	0.00%

Frequently Asked Questions

Can I hold both EDGQ and CHPY in my portfolio?

EDGQ and CHPY have a correlation of 0.84, 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 CHPY?

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 CHPY?

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

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

CHPY has the higher dividend yield at 31.05%, compared with 4.45% for EDGQ.

What is the main difference between EDGQ and CHPY?

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