Skip to content
etf.net

EDGE vs PAYR

MRBL Enhanced Equity ETF

EDGEBCboe

Federated Hermes Enhanced Income ETF

PAYRACboe

Overlap

0.0%by weight

Expense ratio

PAYR −0.34pt a year

EDGE0.74%PAYR0.40%

Avg volume · 30D

PAYR 10.7×the volume

EDGE1.7KPAYR18.1K

EDGE vs PAYR Performance

Oct 31, 2025 – Oct 30, 2026

+15.9%EDGE+25.2%PAYR

Oct 31, 2025 to Oct 30, 2026. EDGE +15.9%. PAYR +25.2%. Use the arrow keys to read each point.−5%0%5%10%20%Oct 2025Apr 2026Oct 2026
Expense ratio
EDGE 0.74%
PAYR 0.40%, better
Fund size
EDGE $13M
PAYR $91M
1Y total return
EDGE +15.9%
PAYR +25.2%, better
Holdings
EDGE 2
PAYR 58
Avg volume (30D)
EDGE 1.7K sh
PAYR 18.1K sh, better
NAV per share
EDGE $51.39
PAYR $56.43
52W range

ETF.net Grade

EDGE: Cost 76, Risk 61, Mission not scored, Tradability 30, Holdings not scored, Durability 32. PAYR: Cost 92, Risk 75, Mission not scored, Tradability 56, Holdings 73, Durability 55.
Pillar letters and Scores for EDGE, PAYR, with each pillar’s weight
PillarEDGEPAYR
Cost30% weightA76A92Higher
Mission25% weightNot scoredNot scored
Risk15% weightB61A75Higher
Tradability15% weightD30B56Higher
Holdings10% weightNot scoredA73
Durability5% weightD32B55Higher

Rank among Active Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EDGE and PAYR are both graded against the same 50 Active Option Income funds, so their Grades compare head to head.

Active Option Income⁠

Category · 50 funds
See all 50 ›

PAYR ranks 4th and EDGE 16th of 50 funds in the Active Option Income Category.

  1. Rank 1ARECIColumbia Research Enhanced Core Premium Income ETScore 83
  2. Rank 2ATCALT. Rowe Price Capital Appreciation Premium Income ETFScore 80
  3. Rank 2AYLDEFranklin ClearBridge Enhanced Income ETFScore 80
  4. Rank 4APAYRFederated Hermes Enhanced Income ETFScore 76
  5. Rank 4ARDVIFT Vest Rising Dividend Achievers Target Income ETFScore 76
  6. Rank 15BYLDWWestwood Enhanced Income Opportunity ETFScore 60
  7. Rank 16BEDGEMRBL Enhanced Equity ETFScore 58
  8. Rank 16BHBTAHorizon Expedition Plus ETFScore 58

EDGE vs PAYR Holdings

How EDGE and PAYR differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of EDGE and 0.0% of PAYR.

Level by level

  • Holdings0 in both0.0%
  • Sector11 Sectors49.8%
  • Countryby domicile77.6%
  • Asset classEquity100%

Sector

Sector weights in EDGE and PAYR, widest gap first
SectorMore in EDGEMore in PAYR
TechnologyEDGE +32.6 points
UtilitiesPAYR +14.5 points
Consumer StaplesPAYR +11.2 points
EnergyPAYR +8.6 points
Real EstatePAYR +8.4 points
IndustrialsEDGE +6.7 points
CommunicationEDGE +5.9 points
FinancialsPAYR +5.2 points
Consumer DiscretionaryEDGE +3.5 points
Health CarePAYR +2.3 points
MaterialsEDGE +1.5 points

Country, concentration and asset class

Country by domicile

Country weights in EDGE and PAYR, widest gap first
CountryMore in EDGEMore in PAYR
United StatesEDGE +21.9 points
United KingdomPAYR +8.1 points
FrancePAYR +6.6 points
CanadaPAYR +5.1 points
GermanyPAYR +2.6 points
Other countries (4)EDGE +0.4 points

Concentration

Weight in the 10 largest Holdings

  • EDGE100.1%
  • PAYR32.9%

Securities held

  • EDGE2
  • PAYR54

Asset class

EDGE
Equity
PAYR
Equity

Holdings

  • Only in EDGE2
  • In both0
  • Only in PAYR54

Only in EDGE

2 securities, 100% of EDGE by weight

  • Spy 01/15/2027 200.01 C91.21%
  • First American Government Obligations Fund 12/01/20318.87%

Only in PAYR

54 securities, 100% of PAYR by weight

  • Us Bancorp4.01%
  • Paychex Inc3.80%
  • Totalenergies SE3.57%

Weight gaps

EDGE and PAYR share no securities.

All EDGE holdings⁠All 52 PAYR holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EDGE vs PAYR Cost

Overpaying EDGE vs PAYR

$6,217

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EDGE 0.74%

    $14,307

  • PAYR 0.40%

    $8,090

$10,000
30 years

Cost over time

  • EDGE 0.74%
  • PAYR 0.40%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530EDGE $14,307PAYR $8,090

Year by year

YearEDGEPAYROverpaying
10$1,319$723$596
20$5,015$2,793$2,222
30$14,307$8,090$6,217

Expense ratio

  • 0.74%EDGE
  • 0.40%PAYR, cheaper
  • Middle half of Active Option Income funds
  • Median 0.95%

PAYR 5th cheapest of 50 funds

EDGE 13th cheapest of 50 funds

EDGE vs PAYR Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
EDGE None
PAYR No data
Last payment
EDGE No data
PAYR $0.29
Ex-dividend
EDGE No data
PAYR Oct 30, 2026
Paid on
EDGE No data
PAYR Pays Nov 2, 2026
Frequency
EDGE No data
PAYR Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

EDGEAll EDGE payments⁠

No distribution history available.

PAYRMonthly · 13 paymentsAll PAYR payments⁠
One bar per payment. 13 payments from 2025 to 2026 YTD. Oct 31, 2025 $0.16; Nov 28, 2025 $0.43; Dec 31, 2025 $0.41; Jan 30, 2026 $0.29; Feb 27, 2026 $0.33; Mar 31, 2026 $0.57; Apr 30, 2026 $0.18; May 29, 2026 $0.49; Jun 30, 2026 $0.46; Jul 31, 2026 $0.33; Aug 31, 2026 $0.32; Sep 30, 2026 $0.38; Oct 30, 2026 $0.29. Use the arrow keys to read each point.$0$0.502026YTD

EDGE vs PAYR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
EDGE 11.5%since Feb 2025PAYR 14.6%since Nov 2025
Return per unit of riskSharpe ratio, 3 years
EDGE 0.96since Feb 2025PAYR 1.36since Nov 2025
Worst fallMax drawdown, 5 years
EDGE −20.7%since Jan 2025PAYR −7.0%since Oct 2025
Market sensitivityBeta, 5 years
EDGE 0.87PAYR 0.01

Popular comparisons

  • EDGEBvsRECIA

    MRBL Enhanced Equity ETF · Columbia Research Enhanced Core Premium Income ET

    Expense ratio
    0.74% · 0.30%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PAYRAvsRECIA

    Federated Hermes Enhanced Income ETF · Columbia Research Enhanced Core Premium Income ET

    Expense ratio
    0.40% · 0.30%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EDGEBvsTCALA

    MRBL Enhanced Equity ETF · T. Rowe Price Capital Appreciation Premium Income ETF

    Expense ratio
    0.74% · 0.34%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PAYRAvsTCALA

    Federated Hermes Enhanced Income ETF · T. Rowe Price Capital Appreciation Premium Income ETF

    Expense ratio
    0.40% · 0.34%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EDGEBvsYLDEA

    MRBL Enhanced Equity ETF · Franklin ClearBridge Enhanced Income ETF

    Expense ratio
    0.74% · 0.48%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PAYRAvsYLDEA

    Federated Hermes Enhanced Income ETF · Franklin ClearBridge Enhanced Income ETF

    Expense ratio
    0.40% · 0.48%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.