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Beacon

EDGXGlobal X U.S. 500 Income Edge ETF

Get incomeNewRanked #1,609 of 1,650 in this goal

Seeks current income and exposure to the Solactive GBS United States 500 Index.

Launched 2026

Annual Cost

—

#5,854 of 5,854 · expensive

Fund Size

—

#5,854 of 5,854 · small

Dividend YieldGoal

—

Track Record

6 months

#5,183 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,905+9.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

Index tracked

Solactive GBS United States 500 Index

What it actually holds

By weight

Concentration

Top 3 holdings = 100.0% of fundconcentrated

BNY Mellon US Large Cap Core Equity ETF
59.3%
Vanguard 500 Index Fund
40.7%
4SPY 05/01/2026 C718.58
-0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-7.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca, NYSE American

Full fund details

Objective
Seeks current income and exposure to the Solactive GBS United States 500 Index.
Strategy
Actively managed ETF that generates weekly income by selling call options and investing in equity securities of 500 companies in the U.S. stock market, aiming for a 9% annualized distribution rate through option premiums and dividends.
Inception date
February 18, 2026

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04