DYLG vs EDGX

DYLGCGlobal X Dow 30 Covered Call & Growth ETF

EDGXBGlobal X U.S. 500 Income Edge ETF

In short

DYLG The covered call fund with the brakes half off. DYLG tracks an index that writes calls on about half its Dow 30 exposure, leaving the other half uncapped, and pays monthly at 0.35% a year.

EDGX Income on a weekly clock. EDGX writes calls on part of a 500-stock US large-cap core, targets a 9% annualized distribution rate, and currently charges nothing: the 0.50% fee is waived to zero through March 1, 2027.

Stated mandate

DYLG DYLG seeks to generally match, before fees and expenses, the price and yield performance of the Cboe DJIA Half BuyWrite Index.

EDGX The fund seeks current income and exposure to the Solactive GBS United States 500 Index. It is actively managed and generates weekly income by writing call options.

Why people hold it

• DYLG Writes calls on roughly half the book, not all of it: part of the Dow's ~30 blue chips keeps uncapped upside while the covered half generates the option premium.globalxetfs.com
• 0.35% a year undercuts the typical fee in its options-income peer group and comes in below Global X's full covered call sibling DJIA at 0.60%.
• Rules-based, not a manager guessing when to sell options: it follows the Cboe DJIA Half BuyWrite Index and has tracked it very tightly.
• Distributions land monthly, on a fixed cadence rather than a quarterly lump.

• EDGX The entire 0.50% fee is waived to zero through March 1, 2027. Peers in the group carry theirs with no waiver: DJIA at 0.60%, THTA at 0.65%, HYGW at 0.69%.
• Pays weekly rather than quarterly, targeting a 9% annualized distribution rate funded by option premiums and the dividends thrown off by its equity sleeve.globalxetfs.comglobalxetfs.com 2
• Calls are sold on only a portion of the portfolio, and the managers dial coverage up or down as market conditions shift, so some equity exposure stays uncapped.globalxetfs.comglobalxetfs.com 2
• One of the stronger implementations in a crowded options-income field of roughly two dozen funds.

Worth knowing

• DYLG Half the calls, roughly half the premium. Income runs lighter than a Dow fund that writes on the whole portfolio, like DJIA.
• Small and thinly traded. Limit orders and a glance at the spread matter more here than with the category's giants.
• The engine is about 30 large-cap names from the Dow, a narrower slice of the market than a broad index overlay.

• EDGX The waiver ends March 1, 2027. Unless it is extended, the 0.50% gross expense ratio applies after that.
• The covered slice gives up gains above the strike, and the 9% figure is a target, not a floor: distributions come out of NAV and may include return of capital.streetinsider.com
• Launched in 2026, it is a small fund that trades thinly, so the bid-ask spread is part of the cost of getting in and out.

Full DYLG profile⁠

Full EDGX profile⁠