What this ETF is trying to do

The Global X Nasdaq-100 Income Edge ETF (EDGQ) is designed to provide investors with regular income. Based on its holdings, it focuses heavily on the Nasdaq-100, which is a group of large, well-known companies.

What the numbers show

As of October 5, 2026, the share price for EDGQ was $28.40.

It is important to note that price return and total return data (for year-to-date, one-year, and three-year periods) were not supplied for this ETF. Because this data is missing, we cannot see how the share price has moved or what the overall return has been over those specific timeframes.

Top Holdings

As of October 7, 2026, the ETF held three assets. The portfolio is very concentrated in a few areas:

• Invesco Nasdaq 100 ETF (QQQM): 98.53%

• iShares Nasdaq 100 ETF (IQQ): 0.53%

• Schwab US Large-Cap Growth ETF (SCHG): 0.18%

Income and distribution explanation

This ETF is built for people who want frequent cash payments. It has a "weekly-like" distribution frequency, with most payments occurring on Mondays. In the last 12 months, it made 32 payouts.

The distribution yield is approximately 7.56%. This means the ETF pays out a significant amount of cash relative to its share price. However, beginners should remember that a high distribution yield alone can be misleading. It tells you how much cash is being paid out, but it does not tell you if the total value of your investment is growing or shrinking.

NAV erosion explanation

"NAV erosion" happens when the net asset value (the actual value of the fund's underlying assets) declines over time. Income investors care about principal stability because they want to earn income without losing the original money they invested.

For EDGQ, the severe erosion-risk flag is false. However, the erosion score is currently unavailable because there is not enough verified price history to calculate it.

Pros

• Frequent Income: The ETF provides very frequent cash distributions (weekly-like).

• Nasdaq Exposure: It gives investors a way to get exposure to the large companies in the Nasdaq-100.

Cons

• Limited Data: There is currently no supplied data for price returns or total returns.

• High Concentration: Almost the entire fund (over 98%) is invested in a single other ETF (QQQM).

Beginner takeaway

EDGQ is an income-focused fund that pays out cash very frequently. While the 7.56% distribution yield looks attractive, it is important to remember that distributions are different from total returns. Without price return data, it is impossible to know if the share price is increasing or decreasing. Always look at both the income and the share price to understand the full picture.