EDGQ vs. QQQI

Last updated Jun 4, 2026

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

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

Returns By Period

EDGQ

• 1D: -0.04%
• 1M: 9.40%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQI

• 1D: -0.17%
• 1M: 6.91%
• YTD: 13.43%
• 6M: 12.92%
• 1Y: 30.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDGQ vs. QQQI - Yearly Performance Comparison

	2026 (YTD)
EDGQ Global X Nasdaq-100 Income Edge ETF	20.02%
QQQI NEOS Nasdaq-100 High Income ETF	14.18%

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 19, 2026	0.97

Return for Risk

EDGQ vs. QQQI — Risk / Return Rank

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

QQQI

QQQI Risk / Return Rank: 68
QQQI Sharpe Ratio Rank: 70
QQQI Sortino Ratio Rank: 66
QQQI Omega Ratio Rank: 70
QQQI Calmar Ratio Rank: 63
QQQI Martin Ratio Rank: 74

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. 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.

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

Sharpe Ratios by Period

	EDGQ	QQQI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.51	1.34	+4.18

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.

Drawdown Indicators

	EDGQ	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-7.87%	-20.00%	+12.13%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.61%	—
Current Drawdown Current decline from peak	-0.04%	-0.17%	+0.13%
Average Drawdown Average peak-to-trough decline	-1.29%	-2.20%	+0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.14%	—

Volatility

Volatility by Period

	EDGQ	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.02%	12.98%	+3.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.02%	17.07%	-1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.02%	17.07%	-1.05%

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 3.34%, less than QQQI's 13.19% yield.

Position	TTM	2025	2024
EDGQ Global X Nasdaq-100 Income Edge ETF	3.34%	0.00%	0.00%
QQQI NEOS Nasdaq-100 High Income ETF	13.19%	13.82%	12.85%

Frequently Asked Questions

Can I hold both EDGQ and QQQI in my portfolio?

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.

Which ETF is better, EDGQ or QQQI?

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 QQQI?

EDGQ is cheaper with a 0.53% expense ratio, compared with 0.68% for QQQI.

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

QQQI has the higher dividend yield at 13.19%, compared with 3.34% for EDGQ.

What is the main difference between EDGQ and QQQI?

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.