EDGU vs MEDX
3EDGE Dynamic US Equity ETF vs Horizon Kinetics Medical ETF
Which is better, EDGU or MEDX?
EDGU has been ahead.
MEDX has a lower expense ratio. EDGU led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EDGU | MEDX |
|---|---|---|
| Expense Ratio | 0.91% | 0.85%Best |
| AUM | $101M | $16M |
| Dividend Yield | 0.69% | 1.16% |
| Holdings | 30 | 68 |
| YTD Return | +11.37%Best | +6.58% |
| 1Y Return | +14.59%Best | +14.21% |
| 3Y Return (annualized) | - | +9.64% |
| Volatility (annualized) | 12.3%Best | 14.9% |
| Max Drawdown | -17.6%Best | -19.4% |
| $10,000 over 2 years | $12,796Best | $12,297 |
| Fund Family | 3 EDGE Asset Management | Horizon Kinetics LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 3, 2024 | Jan 27, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 3, 2024 to Oct 14, 2026 (2 years).
EDGU vs MEDX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
EDGU vs MEDX Performance
3EDGE Dynamic US Equity ETF (EDGU) is an ETF from 3 EDGE Asset Management and Horizon Kinetics Medical ETF (MEDX) is an ETF from Horizon Kinetics LLC. Over the past year EDGU returned +14.59% while MEDX returned +14.21%. Year to date, EDGU is up 11.37% versus a gain of 6.58% for MEDX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MEDX has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 12.3% for EDGU. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -17.6% for EDGU and -19.4% for MEDX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.33. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EDGU charges 0.91% per year while MEDX charges 0.85%. On a $10,000 position that is $91 vs $85 annually, a gap of $6 per year that compounds over a long holding period. On income, EDGU currently yields 0.69% against 1.16% for MEDX.
Holdings Overlap
We hold position weights for 14 holdings in EDGU and 31 in MEDX, totalling 100.0% and 91.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 14 positions we hold weights for in EDGU and 31 in MEDX, against full books of 30 and 68.
You are not choosing between two funds in isolation.
Whichever of EDGU and MEDX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EDGU or MEDX?
EDGU has an expense ratio of 0.91% while MEDX charges 0.85%. MEDX is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, EDGU or MEDX?
Over the past year EDGU returned +14.59% vs +14.21% for MEDX, so EDGU leads on 1-year performance. Over the longest common window we track (2 years), EDGU annualized +13.12% vs +10.89% for MEDX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EDGU or MEDX?
MEDX has been the more volatile fund at 14.9% annualized versus 12.3% for EDGU. Worst drawdown: EDGU -17.6% vs MEDX -19.4%.
Should I hold both EDGU and MEDX?
EDGU and MEDX have a monthly-return correlation of 0.33, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EDGU or MEDX?
EDGU yields 0.69% while MEDX yields 1.16%, so MEDX currently pays the higher dividend yield.
Is MEDX better than EDGU?
MEDX has a lower expense ratio. EDGU led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.