EDGX vs OMAH

EDGXBGlobal X U.S. 500 Income Edge ETF

OMAHCVistaShares Target 15 Berkshire Select Income ETF

In short

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.

OMAH Berkshire famously pays no dividend. OMAH builds a book around its 20 largest stock holdings plus BRK.B itself, then sells calls on them to chase a 15% annual income target, paid monthly, for 0.98% a year.

Stated mandate

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.

OMAH The fund primarily seeks income and secondarily seeks long-term capital appreciation. It combines an equity portfolio based on the Solactive Berkshire Portfolio Top 20 Index NTR with an options portfolio intended to pursue a 15% annual income target.

Why people hold it

• 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.

• OMAH Berkshire hands shareholders nothing. OMAH sells call options on a Berkshire-shaped equity book to pursue a 15% annual income target, distributed monthly.cnbc.com
• The options sleeve is actively run, not a fixed formula: the adviser writes covered calls and spreads across the holdings and shifts with market volatility.vistashares.comvistashares.com 2
• Launched in 2025 and already a multi-billion-dollar fund that trades actively, making it one of the easier names in its options-income group to get in and out of.
• Full transparency on what you own: roughly 70 positions mirroring Berkshire's top 20 public stakes, plus direct BRK.B exposure.vistashares.com

Worth knowing

• 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.

• OMAH Costs 0.98% a year, above the typical fee in its category and above sibling SIOO at 0.59%, which runs the same Target 15 approach on the S&P 100.
• The 15% is a target, not a dividend. Distributions can include return of capital, which is your own money coming back and can pull NAV lower over time.vistashares.com
• Selling calls trades away part of any big rally in a concentrated, non-diversified portfolio, and the record only begins in March 2025.vistashares.com

Full EDGX profile⁠

Full OMAH profile⁠