EDGQ vs. TSMY
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. Their 0.75 correlation means they have sometimes moved together and sometimes differently. EDGQ charges 0.53%/yr vs 1.01%/yr for TSMY.
Performance
EDGQ vs. TSMY - Performance Comparison
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Returns By Period
EDGQ
- 1D
- 0.86%
- 1M
- -2.56%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TSMY
- 1D
- 0.66%
- 1M
- -4.22%
- 6M
- 21.94%
- YTD
- 30.47%
- 1Y
- 60.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 42.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $370.87K | $410.33K | $365.52K | |
| $2.14M | $3.13M | $3.04M |
EDGQ vs. TSMY - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
EDGQ Global X Nasdaq-100 Income Edge ETF | 12.28% |
TSMY YieldMax TSM Option Income Strategy ETF | 13.45% |
Correlation
The correlation between EDGQ and TSMY is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 18, 2026 | 0.75 |
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Return for Risk
EDGQ vs. TSMY — Risk / Return Rank
EDGQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TSMY
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.
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 | TSMY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.20 | — |
| Martin ratioReturn relative to average drawdown | — | 10.72 | — |
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Drawdowns
EDGQ vs. TSMY - Drawdown Comparison
The maximum EDGQ drawdown since its inception was -10.10%, 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.
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Drawdown Indicators
| EDGQ | TSMY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.10% | -31.15% | +21.05% |
Max Drawdown (1Y)Largest decline over 1 year | — | -17.86% | — |
Current DrawdownCurrent decline from peak | -6.48% | -11.66% | +5.18% |
Average DrawdownAverage peak-to-trough decline | -2.30% | -5.63% | +3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.33% | — |
Volatility
EDGQ vs. TSMY - Volatility Comparison
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Volatility by Period
| EDGQ | TSMY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.98% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 27.90% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.18% | 33.77% | -13.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.18% | 34.64% | -14.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.18% | 34.64% | -14.46% |
EDGQ vs. TSMY - Expense Ratio Comparison
EDGQ has a 0.53% expense ratio, which is lower than TSMY's 1.01% expense ratio.
Dividends
EDGQ vs. TSMY - Dividend Comparison
EDGQ's dividend yield for the trailing twelve months is around 5.71%, less than TSMY's 58.31% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
EDGQ Global X Nasdaq-100 Income Edge ETF | 5.71% | 0.00% | 0.00% |
TSMY YieldMax TSM Option Income Strategy ETF | 58.31% | 56.76% | 13.71% |
Frequently Asked Questions
EDGQ and TSMY have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 1.01% for TSMY.
TSMY has the higher dividend yield at 58.31%, compared with 5.71% for EDGQ.
They also come from different issuers: Global X and YieldMax. Their fees differ too: 0.53% for EDGQ and 1.01% for TSMY.
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