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EDGX vs. XYLD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EDGX vs. XYLD

Last updated Jun 4, 2026

EDGX (Global X U.S. 500 Income Edge ETF) and XYLD (Global X S&P 500 Covered Call ETF) are both Derivative Income funds from Global X - EDGX tracks the Solactive GBS United States 500 Index while XYLD tracks the Cboe S&P 500 BuyWrite Index. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure.

Performance

EDGX vs. XYLD - 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 Global X S&P 500 Covered Call ETF (XYLD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

EDGX

1D
-0.49%
1M
4.73%
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

XYLD

1D
-0.15%
1M
2.00%
YTD
4.96%
6M
6.48%
1Y
17.66%
3Y*
11.27%
5Y*
7.72%
10Y*
8.25%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EDGX vs. XYLD - Yearly Performance Comparison

2026 (YTD)
EDGX
Global X U.S. 500 Income Edge ETF		10.16%
XYLD
Global X S&P 500 Covered Call ETF		3.35%

Correlation

The correlation between EDGX and XYLD is 0.90, 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

0.90

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Global X U.S. 500 Income Edge ETF

Global X S&P 500 Covered Call ETF

Often compared with EDGX:
EDGX vs. COPXEDGX vs. AVGWEDGX vs. QYLDEDGX vs. IPDPEDGX vs. HYTIEDGX vs. TSMYEDGX vs. SHLD
Often compared with XYLD:
XYLD vs. JEPIXYLD vs. QYLDXYLD vs. SPYXYLD vs. RYLDXYLD vs. XYLGXYLD vs. VOOXYLD vs. SCHD

Return for Risk

EDGX vs. XYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EDGX
XYLD
XYLD Risk / Return Rank: 8282
Overall Rank
XYLD Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
XYLD Sortino Ratio Rank: 8484
Sortino Ratio Rank
XYLD Omega Ratio Rank: 9292
Omega Ratio Rank
XYLD Calmar Ratio Rank: 6666
Calmar Ratio Rank
XYLD Martin Ratio Rank: 8585
Martin Ratio Rank
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.

EDGX vs. XYLD - 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 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.

EDGX vs. XYLD - Sharpe Ratio Comparison

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Sharpe Ratios by Period

EDGXXYLDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

2.71

—

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

3.05

0.60

+2.45

Drawdowns

EDGX vs. XYLD - Drawdown Comparison

The maximum EDGX drawdown since its inception was -7.56%, smaller than the maximum XYLD drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for EDGX and XYLD.

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Drawdown Indicators

EDGXXYLDDifference

Max Drawdown

Largest peak-to-trough decline

-7.56%

-33.46%

+25.90%

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

-0.49%

-0.15%

-0.34%

Average Drawdown

Average peak-to-trough decline

-1.50%

-3.72%

+2.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

0.99%

—

Volatility

EDGX vs. XYLD - Volatility Comparison

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Volatility by Period

EDGXXYLDDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

0.88%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

5.37%

—

Volatility (1Y)

Calculated over the trailing 1-year period

13.10%

6.55%

+6.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.10%

11.22%

+1.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.10%

14.21%

-1.11%

Dividends

EDGX vs. XYLD - Dividend Comparison

EDGX's dividend yield for the trailing twelve months is around 2.43%, less than XYLD's 10.52% yield.

PositionTTM20252024202320222021202020192018201720162015
EDGX
Global X U.S. 500 Income Edge ETF		2.43%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		10.52%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

With a correlation of 0.90, EDGX and XYLD 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.

XYLD has the higher dividend yield at 10.52%, compared with 2.43% for EDGX.

EDGX tracks Solactive GBS United States 500 Index, while XYLD tracks Cboe S&P 500 BuyWrite Index.

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