EDGX vs. NFLW

Last updated Jun 5, 2026

EDGX (Global X U.S. 500 Income Edge ETF) and NFLW (Roundhill NFLX WeeklyPay ETF) are both Derivative Income funds. EDGX is passively managed, while NFLW is actively managed. At a 0.17 correlation, their price movements are largely independent.

Performance

EDGX vs. NFLW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 Income Edge ETF (EDGX) and Roundhill NFLX WeeklyPay ETF (NFLW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EDGX

• 1D: 0.35%
• 1M: 4.34%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFLW

• 1D: 0.05%
• 1M: -8.52%
• YTD: -16.74%
• 6M: -25.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDGX vs. NFLW - Yearly Performance Comparison

	2026 (YTD)
EDGX Global X U.S. 500 Income Edge ETF	10.55%
NFLW Roundhill NFLX WeeklyPay ETF	4.12%

Correlation

The correlation between EDGX and NFLW is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.17

Return for Risk

EDGX vs. NFLW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 Income Edge ETF (EDGX) and Roundhill NFLX WeeklyPay ETF (NFLW). 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

	EDGX	NFLW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.15	-1.05	+4.20

Drawdowns

EDGX vs. NFLW - Drawdown Comparison

The maximum EDGX drawdown since its inception was -7.56%, smaller than the maximum NFLW drawdown of -50.73%. Use the drawdown chart below to compare losses from any high point for EDGX and NFLW.

Drawdown Indicators

	EDGX	NFLW	Difference
Max Drawdown Largest peak-to-trough decline	-7.56%	-50.73%	+43.17%
Current Drawdown Current decline from peak	-0.14%	-46.97%	+46.83%
Average Drawdown Average peak-to-trough decline	-1.48%	-26.93%	+25.45%

Volatility

Volatility by Period

	EDGX	NFLW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.02%	40.26%	-27.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.02%	40.26%	-27.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.02%	40.26%	-27.24%

Dividends

EDGX vs. NFLW - Dividend Comparison

EDGX's dividend yield for the trailing twelve months is around 2.43%, less than NFLW's 73.20% yield.

Position	TTM	2025
EDGX Global X U.S. 500 Income Edge ETF	2.43%	0.00%
NFLW Roundhill NFLX WeeklyPay ETF	73.20%	38.89%

Frequently Asked Questions

Can I hold both EDGX and NFLW in my portfolio?

EDGX and NFLW have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, EDGX or NFLW?

NFLW has the higher dividend yield at 73.20%, compared with 2.43% for EDGX.

What is the main difference between EDGX and NFLW?

They also come from different issuers: Global X and Roundhill.