EDGQ vs. IVVW

Last updated Aug 2, 2026

EDGQ (Global X Nasdaq-100 Income Edge ETF) and IVVW (iShares S&P 500 BuyWrite ETF) are both Derivative Income funds. EDGQ is actively managed, while IVVW is passively managed. Their 0.79 correlation means they have sometimes moved together and sometimes differently. EDGQ charges 0.53%/yr vs 0.25%/yr for IVVW.

Performance

EDGQ vs. IVVW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Nasdaq-100 Income Edge ETF (EDGQ) and iShares S&P 500 BuyWrite ETF (IVVW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EDGQ

• 1D: 0.86%
• 1M: -2.56%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

IVVW

• 1D: 0.65%
• 1M: 1.31%
• 6M: 6.25%
• YTD: 7.09%
• 1Y: 18.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.42%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EDGQ Global X Nasdaq-100 Income Edge ETF	$370.87K	$410.33K	$365.52K
IVVW iShares S&P 500 BuyWrite ETF	$1.59M	$1.91M	$2.60M

EDGQ vs. IVVW - Yearly Performance Comparison

	2026 (YTD)
EDGQ Global X Nasdaq-100 Income Edge ETF	12.28%
IVVW iShares S&P 500 BuyWrite ETF	6.65%

Correlation

The correlation between EDGQ and IVVW is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 18, 2026	0.79

Return for Risk

EDGQ vs. IVVW — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

IVVW

IVVW Risk / Return Rank: 87
IVVW Sharpe Ratio Rank: 87
IVVW Sortino Ratio Rank: 85
IVVW Omega Ratio Rank: 91
IVVW Calmar Ratio Rank: 82
IVVW Martin Ratio Rank: 92

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EDGQ vs. IVVW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq-100 Income Edge ETF (EDGQ) and iShares S&P 500 BuyWrite ETF (IVVW). 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	IVVW	Difference
Sharpe ratio: Return per unit of total volatility	—	2.05	—
Sortino ratio: Return per unit of downside risk	—	2.83	—
Omega ratio: Gain probability vs. loss probability	—	1.43	—
Calmar ratio: Return relative to maximum drawdown	—	3.02	—
Martin ratio: Return relative to average drawdown	—	15.69	—

Drawdowns

EDGQ vs. IVVW - Drawdown Comparison

The maximum EDGQ drawdown since its inception was -10.10%, smaller than the maximum IVVW drawdown of -16.79%. Use the drawdown chart below to compare losses from any high point for EDGQ and IVVW.

Drawdown Indicators

	EDGQ	IVVW	Difference
Max Drawdown Largest peak-to-trough decline	-10.10%	-16.79%	+6.69%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.81%	—
Current Drawdown Current decline from peak	-6.48%	-0.11%	-6.37%
Average Drawdown Average peak-to-trough decline	-2.30%	-1.68%	-0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.12%	—

Volatility

Volatility by Period

	EDGQ	IVVW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.18%	8.56%	+11.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.18%	12.56%	+7.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.18%	12.56%	+7.62%

EDGQ vs. IVVW - Expense Ratio Comparison

EDGQ has a 0.53% expense ratio, which is higher than IVVW's 0.25% expense ratio.

Dividends

EDGQ vs. IVVW - Dividend Comparison

EDGQ's dividend yield for the trailing twelve months is around 5.71%, less than IVVW's 19.01% yield.

Position	TTM	2025	2024
EDGQ Global X Nasdaq-100 Income Edge ETF	5.71%	0.00%	0.00%
IVVW iShares S&P 500 BuyWrite ETF	19.01%	18.55%	13.72%

Frequently Asked Questions

Can I hold both EDGQ and IVVW in my portfolio?

EDGQ and IVVW have a correlation of 0.79, 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 IVVW?

On fees, IVVW is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EDGQ or IVVW?

IVVW is cheaper with a 0.25% expense ratio, compared with 0.53% for EDGQ.

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

IVVW has the higher dividend yield at 19.01%, compared with 5.71% for EDGQ.

What is the main difference between EDGQ and IVVW?

They also come from different issuers: Global X and iShares. Their fees differ too: 0.53% for EDGQ and 0.25% for IVVW.