EDGQ vs. QLDY

Last updated Jul 2, 2026

EDGQ (Global X Nasdaq-100 Income Edge ETF) and QLDY (Defiance Nasdaq 100 LightningSpread Income ETF) are both exchange-traded funds - EDGQ is a Derivative Income fund actively managed by Global X, while QLDY is a Nasdaq-100 fund actively managed by Defiance. Both are actively managed. With a 0.98 correlation, they move nearly in lockstep. EDGQ charges 0.53%/yr vs 1.04%/yr for QLDY.

Performance

EDGQ vs. QLDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Nasdaq-100 Income Edge ETF (EDGQ) and Defiance Nasdaq 100 LightningSpread Income ETF (QLDY). 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*: —

QLDY

• 1D: -1.77%
• 1M: -4.25%
• YTD: 13.56%
• 6M: 13.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDGQ vs. QLDY - Yearly Performance Comparison

	2026 (YTD)
EDGQ Global X Nasdaq-100 Income Edge ETF	17.15%
QLDY Defiance Nasdaq 100 LightningSpread Income ETF	19.04%

Correlation

The correlation between EDGQ and QLDY is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 18, 2026	0.98

Return for Risk

EDGQ vs. QLDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq-100 Income Edge ETF (EDGQ) and Defiance Nasdaq 100 LightningSpread Income ETF (QLDY). 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. QLDY - Drawdown Comparison

The maximum EDGQ drawdown since its inception was -7.87%, smaller than the maximum QLDY drawdown of -17.44%. Use the drawdown chart below to compare losses from any high point for EDGQ and QLDY.

Drawdown Indicators

	EDGQ	QLDY	Difference
Max Drawdown Largest peak-to-trough decline	-7.87%	-17.44%	+9.57%
Current Drawdown Current decline from peak	-2.43%	-4.77%	+2.34%
Average Drawdown Average peak-to-trough decline	-1.64%	-4.26%	+2.62%

Volatility

Volatility by Period

	EDGQ	QLDY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.79%	21.58%	-1.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.79%	21.58%	-1.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.79%	21.58%	-1.79%

EDGQ vs. QLDY - Expense Ratio Comparison

EDGQ has a 0.53% expense ratio, which is lower than QLDY's 1.04% expense ratio.

Dividends

EDGQ vs. QLDY - Dividend Comparison

EDGQ's dividend yield for the trailing twelve months is around 4.45%, less than QLDY's 25.42% yield.

Position	TTM	2025
EDGQ Global X Nasdaq-100 Income Edge ETF	4.45%	0.00%
QLDY Defiance Nasdaq 100 LightningSpread Income ETF	25.42%	9.34%

Frequently Asked Questions

Can I hold both EDGQ and QLDY in my portfolio?

With a correlation of 0.98, EDGQ and QLDY 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 QLDY?

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 QLDY?

EDGQ is cheaper with a 0.53% expense ratio, compared with 1.04% for QLDY.

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

QLDY has the higher dividend yield at 25.42%, compared with 4.45% for EDGQ.

What is the main difference between EDGQ and QLDY?

EDGQ is categorized as Derivative Income, while QLDY is Nasdaq-100. They also come from different issuers: Global X and Defiance. Their fees differ too: 0.53% for EDGQ and 1.04% for QLDY.