EDGQ vs QDTE

EDGQAGlobal X Nasdaq-100 Income Edge ETF

QDTECRoundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF

In short

EDGQ A Nasdaq-100 covered-call fund that rewrites its calls every week and dials coverage up or down with volatility, targeting a 13% annualized distribution rate. Fee waived to zero through March 1, 2027 (0.53% gross).

QDTE The original 0DTE income ETF: QDTE sells same-day Nasdaq-100 calls every morning and hands the premium to shareholders weekly. Cash on a fast clock, with each session's upside capped in exchange.

Stated mandate

EDGQ 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.

QDTE The Fund primarily seeks current income and secondarily seeks capital appreciation through a synthetic covered-call strategy that combines long exposure to the Innovation-100 Index with recurring 0DTE call sales.

Why people hold it

• EDGQ Zero net fee: the 0.53% gross expense ratio is waived through March 1, 2027. Peer Nasdaq-100 income funds all charge, from GPIQ's 0.29% (net of a waiver through April 30, 2027) to QYLD's 0.60%.globalxetfs.com
• Weekly option rolls instead of monthly, with coverage that flexes as volatility and premiums shift. Stablemate QYLG writes on a fixed slice and rolls monthly.globalxetfs.comglobalxetfs.com 2
• Calls cover only part of the Nasdaq-100 book, so some exposure stays uncapped, and the fund seeks to pay distributions weekly from premiums plus dividends.globalxetfs.com

• QDTE Launched in March 2024 as the first ETF writing zero-days-to-expiry calls on the Nasdaq-100, it is now a sizable, actively traded fund rather than a thin novelty.roundhillinvestments.com
• Pays weekly, not monthly. Calls are sold at or shortly after the open every business day, so premium is collected on a daily cycle.roundhillinvestments.com
• Synthetic long options positions supply Nasdaq-100 price exposure, and the calls written against them are out-of-the-money, leaving a sliver of intraday upside.roundhillinvestments.comroundhillinvestments.com 2

Worth knowing

• EDGQ The 13% figure is a target, not a floor. Premium income tracks volatility, and gains on the covered slice are capped at the strike.globalxetfs.com
• Absent renewal, the 0.53% gross fee applies after March 1, 2027, landing above JEPQ's 0.35% and GPIQ's 0.29% (net of a waiver through April 30, 2027).
• A 2026 launch still building scale: short record, lighter trading than the category's giants, so limit orders earn their keep.

• QDTE The 0.96% fee sits above the category median and above peers like JEPQ (0.35%) and GPIQ (0.29% net of a waiver through April 30, 2027).
• Payouts can exceed income and gains, and the prospectus discloses that the excess is return of capital, which reduces your cost basis.roundhillinvestments.com
• Selling calls every morning caps each day's gain while downside exposure to the index stays, so income comes at the cost of upside participation.roundhillinvestments.com

Full EDGQ profile⁠

Full QDTE profile⁠