EDGX vs THTA

EDGXBGlobal X U.S. 500 Income Edge ETF

THTABSoFi Enhanced Yield 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.

THTA Most options-income funds sell upside on stocks they own. THTA owns no stocks: it holds short-duration Treasuries and sells defined-risk credit spreads on major US index options, targeting a 10% annualized distribution rate paid monthly.

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.

THTA THTA seeks current income by combining U.S. government securities, including Treasury bills and bonds, with a credit-spread options strategy intended to enhance yield.

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.

• THTA The income driver here is volatility premium, not equity upside sold away. Treasuries do the collateral work while index options do the earning, so no stock portfolio gets capped.sofi.com
• Spreads, not naked writes. Each position pairs a sold option with a bought one, and the prospectus caps the book at up to 15 credit spreads with no more than 25% in any single index spread.sofi.commanilatimes.net
• At 0.65%, the fee sits below the median of its 24-fund options-income group, and the fund ranks in the group's top quartile on our review. Cheaper exists: EDGX is 0% net of a waiver through March 1, 2027 (0.50% gross).
• Pays monthly and has done so since launching in November 2023, with a stated 10% annualized distribution rate target set against the most recent NAV.sofi.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.

• THTA Defined risk is not low risk. A sharp move through a short strike can hand a spread its maximum loss, and the Treasury sleeve is collateral for those trades, not a buffer against them.sofi.commanilatimes.net
• The issuer discloses that distributions may mix ordinary income, capital gains and return of capital, and that return of capital can pull NAV and market price down over time.yahoo.com
• A smaller, moderately traded fund in a category with far bigger names, so bid-ask spreads can be wider than headline peers'.

Full EDGX profile⁠

Full THTA profile⁠