EDGQ vs. QQQI
EDGQ (Global X Nasdaq-100 Income Edge ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both exchange-traded funds - EDGQ is a Derivative Income fund actively managed by Global X, while QQQI is a Nasdaq-100 fund actively managed by Neos. Both are actively managed. With a 0.97 correlation, they move nearly in lockstep. EDGQ charges 0.53%/yr vs 0.68%/yr for QQQI.
Performance
EDGQ vs. QQQI - Performance Comparison
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Returns By Period
EDGQ
- 1D
- -0.86%
- 1M
- -1.55%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQQI
- 1D
- -0.36%
- 1M
- -1.29%
- YTD
- 9.46%
- 6M
- 8.08%
- 1Y
- 23.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EDGQ vs. QQQI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
EDGQ Global X Nasdaq-100 Income Edge ETF | 14.57% |
QQQI NEOS Nasdaq-100 High Income ETF | 11.02% |
Correlation
The correlation between EDGQ and QQQI is 0.97 - 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 | 0.97 |
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Return for Risk
EDGQ vs. QQQI — Risk / Return Rank
EDGQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QQQI
EDGQ vs. QQQI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq-100 Income Edge ETF (EDGQ) and NEOS Nasdaq-100 High Income ETF (QQQI). 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 | QQQI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.43 | — |
| Martin ratioReturn relative to average drawdown | — | 10.31 | — |
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Drawdowns
EDGQ vs. QQQI - Drawdown Comparison
The maximum EDGQ drawdown since its inception was -7.87%, smaller than the maximum QQQI drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for EDGQ and QQQI.
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Drawdown Indicators
| EDGQ | QQQI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.87% | -20.00% | +12.13% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.61% | — |
Current DrawdownCurrent decline from peak | -4.58% | -3.67% | -0.91% |
Average DrawdownAverage peak-to-trough decline | -1.56% | -2.21% | +0.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.26% | — |
Volatility
EDGQ vs. QQQI - Volatility Comparison
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Volatility by Period
| EDGQ | QQQI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.62% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.94% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.80% | 14.78% | +5.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.80% | 17.51% | +2.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.80% | 17.51% | +2.29% |
EDGQ vs. QQQI - Expense Ratio Comparison
EDGQ has a 0.53% expense ratio, which is lower than QQQI's 0.68% expense ratio.
Dividends
EDGQ vs. QQQI - Dividend Comparison
EDGQ's dividend yield for the trailing twelve months is around 4.29%, less than QQQI's 15.03% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
EDGQ Global X Nasdaq-100 Income Edge ETF | 4.29% | 0.00% | 0.00% |
QQQI NEOS Nasdaq-100 High Income ETF | 15.03% | 13.82% | 12.85% |
Frequently Asked Questions
With a correlation of 0.97, EDGQ and QQQI 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.
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.
EDGQ is cheaper with a 0.53% expense ratio, compared with 0.68% for QQQI.
QQQI has the higher dividend yield at 15.03%, compared with 4.29% for EDGQ.
EDGQ is categorized as Derivative Income, while QQQI is Nasdaq-100. They also come from different issuers: Global X and Neos. Their fees differ too: 0.53% for EDGQ and 0.68% for QQQI.
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