EDGX · Streamfolio

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ARCX · Active · options-income

EDGX

Global X U.S. 500 Income Edge ETF

Global X Management Company LLC

Verdict

WATCH

Weighted score · 3.40 / 5

AUM

—

assets under mgmt

Avg Volume

shares · daily

Distribution

2.8%

Weekly · 84% ROC

Expense Ratio

0.00%

0.50% gross

1Y Return

—

vs underlying

Sharpe

1.79

Max DD -7.6%

Fund Identity

What it is, who runs it, where it lives.

The Global X U.S.

The Fund is an actively managed ETF that seeks to generate weekly income by selling (writing) call options on a portion of its equity portfolio and to provide exposure to the Solactive GBS United States 500 Index by investing in the equity securities comprising that index and/or ETFs with similar economic characteristics. Under normal circumstances, at least 80% of net assets are invested in the U.S. 500 Portfolio and in options written on it. The Fund targets a 9% annualized distribution rate, paid weekly, through option premiums and dividends, with only a portion of the portfolio subject to written calls so the remainder can participate in appreciation.

Ticker

EDGX

Issuer

Global X Management Company LLC

Exchange

ARCX

Inception

2026-02-18 · 0.3 yrs

Mgmt style

Active

Replication

Physical (full replication or sampled) plus Derivatives (options/futures) — holds equity securities and/or affiliated/unaffiliated ETFs replicating the Reference Index, and writes call options (including FLEX options) on a portion of that portfolio

Index-based

— · Solactive GBS United States 500 Index

Leverage

None

Strategy & Options Mechanics

How the portfolio is built and where the income comes from.

PORTFOLIO

Hybrid

actively managed

OPTIONS OVERLAY

Strategy

Covered call writing on a portion of the U.S. 500 Portfolio (including FLEX options)

generates income

Underlying

Individual stocks underlying the Solactive GBS United States 500 Index (U.S. 500 Portfolio)

income exposure

WEEKLY

2.8%

DIST. RATE

84% ROC
Ordinary Income

Underlying

Individual stocks underlying the Solactive GBS United States 500 Index (U.S. 500 Portfolio)

Strategy

Covered call writing on a portion of the U.S. 500 Portfolio (including FLEX options)

Tax

Ordinary Income

The Fund writes covered call options on only a portion of the U.S. 500 Portfolio, with the covered portion determined by the Adviser based on market conditions, option premium availability, and income objectives. The uncovered portion remains uncapped and may appreciate with the underlying securities. FLEX options guaranteed by the OCC are utilized, introducing liquidity and counterparty risks specific to those instruments.

Performance & NAV

Total return vs. the underlying, with drawdown context.

NAV HISTORY · FEB '26 – JUN '26

FEB '26JUN '26

Max DD

-7.6%

Volatility

14.0%

Sharpe

1.79

Sortino

2.76

Calmar

—

Beta

—

Flat-NAV reinvestment hurdle

0.0%

Share of each distribution you’d need to reinvest just to hold NAV flat. 0% — the fund is covering its payout without eroding NAV.

1Y vs Underlying

—

Tracking err.

—

Yield on cost

3.0%

Distribution & Tax

Where the yield comes from — and how it’s taxed.

Composition · Recent Distribution

84%

ROC

Return of Capital — constructive84%

Net Investment Income16%

Frequency

Weekly

Dist. rate

2.79%

ROC %

84%

30-day SEC

not reported

Consistency

12 w/o cut

YOC · 1yr-ago buyer

3.0%

Tax Treatment — Ordinary Income

ORDINARY INCOME

Distribution Composition (Recent)

84% Return of Capital

ROC is not free money — it lowers your cost basis. When shares are sold, capital gains are computed against the lower basis.

Composition · Narrative

The June 2026 distribution of $0.0458 per share is composed of 83.73% Return of Capital ($0.0384) and 16.27% Net Investment Income ($0.0074). On a fiscal year-to-date basis, 91.18% of cumulative distributions have been classified as Return of Capital. The fund estimates it has distributed more than its income, meaning a significant portion is a return of invested capital rather than yield.

Distribution Growth & Schedule

Per-period growth of the payout, the latest schedule, and how long distributions take to repay NAV.

Distribution Growth by Lookback Period

Latest Distribution Schedule

Record date

2026-06-15

Ex-dividend

2026-06-15

Pay date

—

Payback Period

35.8 yr

Dist. Since Incep.

$0.7

Holdings & Concentration

Position sizing, top-name weights, and concentration risk.

Sector Mix · Tilt vs S&P 500

No sector feed for this fund.

Holdings

Top-10 Wt.

—

Technical Signal & Liquidity

Moving-average posture and a read on tradability.

Price vs. Moving Averages

No moving-average series.

Price $26.85

50-DMA $—

200-DMA $—

Liquidity

Avg daily volume

Avg dollar volume

$160,842

Bid/ask spread

0.45%

Premium/discount

+0.56%

Turnover

—

Estimated bid/ask spread ~0.11% (tight). Average daily dollar volume ~$0.2M (thin). This spread is a high-low estimate, not a live quote; the issuer's reported median spread and premium/discount to NAV are shown above when available.

Assets Under Management

Source: shares×price (Massive, monthly).

AUM ($)

—

$3M$2M$1M

FEB '26JUN '26

SOURCES Massive market-data API, SEC EDGAR filings, issuer disclosures.

EDGX · 2026-06-21
Prepared by denvereyon
Research aid, not investment advice.