EDGQ vs QDTY

EDGQBGlobal X Nasdaq-100 Income Edge ETF

QDTYDYieldMax Nasdaq 100 0DTE Covered Call 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).

QDTY YieldMax's Nasdaq 100 income play: synthetic exposure to the index with call options sold against it that expire the same day. Premium harvested on a daily cycle rather than the usual monthly options rhythm.

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.

QDTY QDTY is actively managed and seeks current income plus exposure to the Nasdaq 100 Index's price return through a synthetic covered-call strategy.

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

• QDTY The mechanism is right in the name: zero-days-to-expiry calls written against synthetic Nasdaq 100 exposure, so premium is collected on a daily options cycle.
• Actively managed with a tight brief: current income plus the Nasdaq 100's price return. Independent review finds it sticking closely to that stated mandate.
• Income arrives on a weekly schedule under the fund's stated policy, a faster drumbeat than the monthly cadence common across index covered-call funds.

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.

• QDTY Costs 1.17% a year, against a 0.68% median for Nasdaq 100 income funds. Scaled rivals like JEPQ and GPIQ run 0.35%.
• Selling calls trades away upside for premium, and the synthetic structure means you hold an options position on the index, not the 100 companies themselves.
• Launched in 2025 and still small and thinly traded, so the track record is short and spreads can be wider than at the category's giants.

Full EDGQ profile⁠

Full QDTY profile⁠