EDGQ vs. PEPS

Last updated Jun 5, 2026

EDGQ (Global X Nasdaq-100 Income Edge ETF) and PEPS (Parametric Equity Plus ETF) are both Derivative Income funds. Both are actively managed. Their correlation of 0.93 suggests significant overlap in exposure. EDGQ charges 0.53%/yr vs 0.10%/yr for PEPS.

Performance

EDGQ vs. PEPS - Performance Comparison

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

Returns By Period

EDGQ

• 1D: -0.50%
• 1M: 7.69%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PEPS

• 1D: 0.39%
• 1M: 5.83%
• YTD: 11.10%
• 6M: 11.19%
• 1Y: 32.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDGQ vs. PEPS - Yearly Performance Comparison

	2026 (YTD)
EDGQ Global X Nasdaq-100 Income Edge ETF	19.41%
PEPS Parametric Equity Plus ETF	10.32%

Correlation

The correlation between EDGQ and PEPS is 0.93, 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 19, 2026	0.93

Return for Risk

EDGQ vs. PEPS — Risk / Return Rank

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

PEPS

PEPS Risk / Return Rank: 75
PEPS Sharpe Ratio Rank: 78
PEPS Sortino Ratio Rank: 73
PEPS Omega Ratio Rank: 77
PEPS Calmar Ratio Rank: 67
PEPS Martin Ratio Rank: 80

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. PEPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq-100 Income Edge ETF (EDGQ) and Parametric Equity Plus ETF (PEPS). 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.

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

Sharpe Ratios by Period

	EDGQ	PEPS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.23	1.06	+4.17

Drawdowns

EDGQ vs. PEPS - Drawdown Comparison

The maximum EDGQ drawdown since its inception was -7.87%, smaller than the maximum PEPS drawdown of -21.26%. Use the drawdown chart below to compare losses from any high point for EDGQ and PEPS.

Drawdown Indicators

	EDGQ	PEPS	Difference
Max Drawdown Largest peak-to-trough decline	-7.87%	-21.26%	+13.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.80%	—
Current Drawdown Current decline from peak	-0.55%	-0.13%	-0.42%
Average Drawdown Average peak-to-trough decline	-1.28%	-2.76%	+1.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.09%	—

Volatility

Volatility by Period

	EDGQ	PEPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.97%	13.05%	+2.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.97%	18.28%	-2.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.97%	18.28%	-2.31%

EDGQ vs. PEPS - Expense Ratio Comparison

EDGQ has a 0.53% expense ratio, which is higher than PEPS's 0.10% expense ratio.

Dividends

EDGQ vs. PEPS - Dividend Comparison

EDGQ's dividend yield for the trailing twelve months is around 3.36%, more than PEPS's 0.88% yield.

Position	TTM	2025	2024
EDGQ Global X Nasdaq-100 Income Edge ETF	3.36%	0.00%	0.00%
PEPS Parametric Equity Plus ETF	0.88%	1.00%	0.17%

Frequently Asked Questions

Can I hold both EDGQ and PEPS in my portfolio?

With a correlation of 0.93, EDGQ and PEPS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EDGQ or PEPS?

On fees, PEPS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EDGQ or PEPS?

PEPS is cheaper with a 0.10% expense ratio, compared with 0.53% for EDGQ.

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

EDGQ has the higher dividend yield at 3.36%, compared with 0.88% for PEPS.

What is the main difference between EDGQ and PEPS?

They also come from different issuers: Global X and Parametric. Their fees differ too: 0.53% for EDGQ and 0.10% for PEPS.