EDGQ vs. TSMY

Last updated Jun 5, 2026

EDGQ (Global X Nasdaq-100 Income Edge ETF) and TSMY (YieldMax TSM Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. A 0.65 correlation means they provide meaningful diversification when combined. EDGQ charges 0.53%/yr vs 0.99%/yr for TSMY.

Performance

EDGQ vs. TSMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Nasdaq-100 Income Edge ETF (EDGQ) and YieldMax TSM Option Income Strategy ETF (TSMY). 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*: —

TSMY

• 1D: 1.22%
• 1M: 10.37%
• YTD: 38.71%
• 6M: 41.54%
• 1Y: 91.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDGQ vs. TSMY - Yearly Performance Comparison

	2026 (YTD)
EDGQ Global X Nasdaq-100 Income Edge ETF	19.41%
TSMY YieldMax TSM Option Income Strategy ETF	20.05%

Correlation

The correlation between EDGQ and TSMY is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.65

Return for Risk

EDGQ vs. TSMY — Risk / Return Rank

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

TSMY

TSMY Risk / Return Rank: 89
TSMY Sharpe Ratio Rank: 91
TSMY Sortino Ratio Rank: 86
TSMY Omega Ratio Rank: 84
TSMY Calmar Ratio Rank: 91
TSMY Martin Ratio Rank: 91

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. TSMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq-100 Income Edge ETF (EDGQ) and YieldMax TSM Option Income Strategy ETF (TSMY). 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	TSMY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.23	1.59	+3.64

Drawdowns

EDGQ vs. TSMY - Drawdown Comparison

The maximum EDGQ drawdown since its inception was -7.87%, smaller than the maximum TSMY drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for EDGQ and TSMY.

Drawdown Indicators

	EDGQ	TSMY	Difference
Max Drawdown Largest peak-to-trough decline	-7.87%	-31.15%	+23.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.50%	—
Current Drawdown Current decline from peak	-0.55%	-0.17%	-0.38%
Average Drawdown Average peak-to-trough decline	-1.28%	-5.50%	+4.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.17%	—

Volatility

Volatility by Period

	EDGQ	TSMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.97%	28.87%	-12.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.97%	33.19%	-17.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.97%	33.19%	-17.22%

EDGQ vs. TSMY - Expense Ratio Comparison

EDGQ has a 0.53% expense ratio, which is lower than TSMY's 0.99% expense ratio.

Dividends

EDGQ vs. TSMY - Dividend Comparison

EDGQ's dividend yield for the trailing twelve months is around 3.36%, less than TSMY's 52.87% yield.

Position	TTM	2025	2024
EDGQ Global X Nasdaq-100 Income Edge ETF	3.36%	0.00%	0.00%
TSMY YieldMax TSM Option Income Strategy ETF	52.87%	56.76%	13.71%

Frequently Asked Questions

Can I hold both EDGQ and TSMY in my portfolio?

EDGQ and TSMY have a correlation of 0.65, 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 TSMY?

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 TSMY?

EDGQ is cheaper with a 0.53% expense ratio, compared with 0.99% for TSMY.

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

TSMY has the higher dividend yield at 52.87%, compared with 3.36% for EDGQ.

What is the main difference between EDGQ and TSMY?

They also come from different issuers: Global X and YieldMax. Their fees differ too: 0.53% for EDGQ and 0.99% for TSMY.