EDGQ vs. XYLD

Last updated Jun 5, 2026

EDGQ (Global X Nasdaq-100 Income Edge ETF) and XYLD (Global X S&P 500 Covered Call ETF) are both Derivative Income funds from Global X. EDGQ is actively managed, while XYLD is passively managed. Their correlation of 0.84 suggests significant overlap in exposure. EDGQ charges 0.53%/yr vs 0.60%/yr for XYLD.

Performance

EDGQ vs. XYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Nasdaq-100 Income Edge ETF (EDGQ) and Global X S&P 500 Covered Call ETF (XYLD). 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*: —

XYLD

• 1D: 0.17%
• 1M: 1.87%
• YTD: 5.14%
• 6M: 6.53%
• 1Y: 17.83%
• 3Y*: 11.29%
• 5Y*: 7.76%
• 10Y*: 8.23%

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

EDGQ vs. XYLD - Yearly Performance Comparison

	2026 (YTD)
EDGQ Global X Nasdaq-100 Income Edge ETF	19.41%
XYLD Global X S&P 500 Covered Call ETF	3.52%

Correlation

The correlation between EDGQ and XYLD is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.84

Return for Risk

EDGQ vs. XYLD — Risk / Return Rank

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

XYLD

XYLD Risk / Return Rank: 84
XYLD Sharpe Ratio Rank: 84
XYLD Sortino Ratio Rank: 87
XYLD Omega Ratio Rank: 93
XYLD Calmar Ratio Rank: 69
XYLD Martin Ratio Rank: 86

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. XYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq-100 Income Edge ETF (EDGQ) and Global X S&P 500 Covered Call ETF (XYLD). 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	XYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.74	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.23	0.60	+4.63

Drawdowns

EDGQ vs. XYLD - Drawdown Comparison

The maximum EDGQ drawdown since its inception was -7.87%, smaller than the maximum XYLD drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for EDGQ and XYLD.

Drawdown Indicators

	EDGQ	XYLD	Difference
Max Drawdown Largest peak-to-trough decline	-7.87%	-33.46%	+25.59%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.29%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.46%	—
Current Drawdown Current decline from peak	-0.55%	0.00%	-0.55%
Average Drawdown Average peak-to-trough decline	-1.28%	-3.72%	+2.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.99%	—

Volatility

Volatility by Period

	EDGQ	XYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.97%	6.54%	+9.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.97%	11.22%	+4.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.97%	14.21%	+1.76%

EDGQ vs. XYLD - Expense Ratio Comparison

EDGQ has a 0.53% expense ratio, which is lower than XYLD's 0.60% expense ratio.

Dividends

EDGQ vs. XYLD - Dividend Comparison

EDGQ's dividend yield for the trailing twelve months is around 3.36%, less than XYLD's 10.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EDGQ Global X Nasdaq-100 Income Edge ETF	3.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XYLD Global X S&P 500 Covered Call ETF	10.50%	10.51%	11.54%	10.51%	13.43%	9.07%	7.93%	5.76%	7.12%	5.18%	3.23%	4.65%

Frequently Asked Questions

Can I hold both EDGQ and XYLD in my portfolio?

EDGQ and XYLD have a correlation of 0.84, 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 XYLD?

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 XYLD?

EDGQ is cheaper with a 0.53% expense ratio, compared with 0.60% for XYLD.

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

XYLD has the higher dividend yield at 10.50%, compared with 3.36% for EDGQ.

What is the main difference between EDGQ and XYLD?

Their fees differ too: 0.53% for EDGQ and 0.60% for XYLD.