NFLW vs. EDGX

Last updated Jun 4, 2026

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

Performance

NFLW vs. EDGX - Performance Comparison

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

Returns By Period

NFLW

• 1D: -2.48%
• 1M: -12.48%
• YTD: -16.78%
• 6M: -26.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EDGX

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

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

NFLW vs. EDGX - Yearly Performance Comparison

	2026 (YTD)
NFLW Roundhill NFLX WeeklyPay ETF	4.07%
EDGX Global X U.S. 500 Income Edge ETF	10.16%

Correlation

The correlation between NFLW and EDGX 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

NFLW vs. EDGX - Risk-Adjusted Trends Comparison

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

	NFLW	EDGX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.05	3.05	-4.10

Drawdowns

NFLW vs. EDGX - Drawdown Comparison

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

Drawdown Indicators

	NFLW	EDGX	Difference
Max Drawdown Largest peak-to-trough decline	-50.73%	-7.56%	-43.17%
Current Drawdown Current decline from peak	-47.00%	-0.49%	-46.51%
Average Drawdown Average peak-to-trough decline	-26.84%	-1.50%	-25.34%

Volatility

Volatility by Period

	NFLW	EDGX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	40.34%	13.10%	+27.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.34%	13.10%	+27.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.34%	13.10%	+27.24%

Dividends

NFLW vs. EDGX - Dividend Comparison

NFLW's dividend yield for the trailing twelve months is around 73.24%, more than EDGX's 2.43% yield.

Position	TTM	2025
EDGX Global X U.S. 500 Income Edge ETF	2.43%	0.00%
NFLW Roundhill NFLX WeeklyPay ETF	73.24%	38.89%

Frequently Asked Questions

Can I hold both NFLW and EDGX in my portfolio?

NFLW and EDGX 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, NFLW or EDGX?

NFLW has the higher dividend yield at 73.24%, compared with 2.43% for EDGX.

What is the main difference between NFLW and EDGX?

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