Global X Nasdaq-100 Income Edge ETF
$28.04−0.10 (−0.37%)
- 0.53%
- $14M
- 0M sh
- $28.29
- low $23.23high $30.54
The ETF.net EDGQ Grade
C
Score 51 out of 100
- 16 of 31
Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A73 out of 100Rank 9 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 10 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F14 out of 100Rank 29 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D32 out of 100Rank 21 of 23Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D38 out of 100Rank 27 of 31
Our read on EDGQ
CGlobal X's newer answer to Nasdaq-100 income: an actively run covered-call overlay that sells calls on only part of the portfolio each week, chasing a double-digit payout while leaving some of the index uncapped.
The Fund seeks current income and exposure to the Nasdaq-100 Index. It uses an actively managed covered-call strategy, writing calls on part of its Nasdaq-100 portfolio to generate weekly income while leaving some exposure uncapped for potential appreciation.
Why people hold it
- Partial overlay by design. Calls are written on a slice of the Nasdaq-100 holdings, not the whole book, so part of the portfolio stays uncapped for appreciation.
- At 0.53%, the fee undercuts the typical fund in this Nasdaq-100 income crowd, and sits well below pricier rivals like QQQI (0.68%) and QXQ (0.98%).
- Active weekly call writing means strikes get reset often instead of being locked into one long-dated expiry, which is the whole point of the 'Edge' label.
- Plain-vanilla plumbing: a registered 1940 Act ETF holding stocks and listed options, not a note or a swap-wrapped structure.
Worth knowing
- Young and small. It launched in 2026 with a modest asset base and light trading, so limit orders matter more here than with the category's giants.
- A double-digit distribution target is a target, not a promise: payouts can include option premium and return of capital, and written calls trim upside in a fast rally.
- Cheaper shelf-mates exist in the same lane: QQA at 0.33%, GPIQ and JEPQ at 0.35%. EDGQ currently sits in the lower half of this peer group.
EDGQ Holdings
- Stocks
- 5
- 100%
- QQQM
Geography
- United States100.00%
EDGQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
EDGQ$10,337
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EDGQ |
|---|---|
| Year to date | — |
| 1 month | +4.1% |
| 3 months | +3.4% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EDGQ |
|---|---|---|
| 2026 YTD | +21.3% |
EDGQ in the news
EDGQ Dividends
- $0.07 per share
- Weekly
Distribution data unavailable.
Distribution history
EDGQ Risk
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- —
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.21
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EDGQ Cost
0.53%
EDGQ0.53%
- The middle half of Nasdaq-100 Option Income funds
- Median 0.71%
7 of the 30 Nasdaq-100 Option Income funds charge less.
Other funds in Nasdaq-100 Option Income
- CQXQSGI Enhanced Nasdaq 100 ETFExpense ratio 0.98%1 year return +28.0%
- CCAIQCalamos Nasdaq Autocallable Income ETFExpense ratio 0.74%1 year return —
- CQQQYDefiance Nasdaq 100 Weekly Distribution ETFExpense ratio 1.01%1 year return +24.9%
- CXQQINEOS Boosted Nasdaq-100 High Income ETFExpense ratio 0.98%1 year return —
- CCANQCalamos Nasdaq Equity & Income ETFExpense ratio 0.74%1 year return +5.2%