{"url":"https://etfiq.com/funds/edgi/trading/","section":"funds","title":"EDGI Bid-Ask Spread, Liquidity and NAV Premium | ETFIQ","description":"EDGI trading costs and liquidity: spread, premium to NAV, capacity and dealers, from ETFIQ. Spread, premium to NAV, capacity and dealers, dated.","as_of":"Nov 4, 2026","structured_data":[{"@type":"Dataset","@id":"https://etfiq.com/funds/edgi/trading/#data","name":"EDGI trading costs and liquidity","description":"EDGI trading costs and liquidity: spread, premium to NAV, capacity and dealers, from ETFIQ. Spread, premium to NAV, capacity and dealers, dated.","url":"https://etfiq.com/funds/edgi/trading/","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","variableMeasured":["30-day median bid-ask spread","Premium or discount to NAV","Capacity","Active authorized participants","IQ Liquidity Score","Cost to trade by order size"],"distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/trading-score.json"}],"publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published"},{"@type":"InvestmentFund","@id":"https://etfiq.com/funds/edgi#fund","name":"3EDGE Dynamic International Equity ETF","alternateName":"EDGI","url":"https://etfiq.com/funds/edgi","identifier":[{"@type":"PropertyValue","propertyID":"tickerSymbol","value":"EDGI"}],"mainEntityOfPage":{"@id":"https://etfiq.com/funds/edgi#webpage"}},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"EDGI","item":"https://etfiq.com/funds/edgi"},{"@type":"ListItem","position":3,"name":"Trading","item":"https://etfiq.com/funds/edgi/trading/"}]},{"@type":"WebPage","name":"EDGI Bid-Ask Spread, Liquidity and NAV Premium","description":"EDGI trading costs and liquidity: spread, premium to NAV, capacity and dealers, from ETFIQ. Spread, premium to NAV, capacity and dealers, dated.","url":"https://etfiq.com/funds/edgi/trading/","dateModified":"2026-11-04","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":3896,"truncated":false,"content":"ETFIQ / EDGI / Trading \n \n As of Nov 4, 2026. Rebuilt every trading night.\n EDGI bid-ask spread and liquidity\n As of Nov 4, 2026, EDGI is not scored: ETFIQ reads 0 of its 6 trading measures.\n IQ Liquidity Score\n Not scored, 0 of 6 measured.\n A fixed 0 to 100 scale of trading conditions, the same anchors for every fund; 100 is the easiest to trade. It measures how cheaply and reliably the fund can be bought and sold, not whether to own it. How the score is built \n Cost to trade Not measured: the issuer's 30-day median spread is not read for this fund Capacity Not measured: 21.5% of its long weight could be measured; the largest part not measured is unresolved Price fidelity Not measured: no closing premium is held for this fund Primary market Not measured: no N-CEN ETF row for series S000087686 in the quarters read (2024q4 to 2026q3) Bad-day behaviour Not measured: no daily closing premium is held for this fund Depth Not measured: needs trade and quote data (Phase 2) \n Capacity\n Not measured: 21.5% of its long weight could be measured; the largest part not measured is unresolved.\n How to trade EDGI\n When ETF spreads are usually widest in the first minutes after the open and the last minutes before the close. ETFIQ measures this fund\u2019s own day once it has trade data. What retail orders paid\n In Sep 2026, retail market orders in EDGI paid $0.94 one way on $10,000, against $3.53 at the quote. 88% of shares filled better than the quote.\n EDGI: what retail market orders paid one way on $10,000, Sep 2026, half the effective spread. Source: SEC Rule 605 reports; computed by ETFIQ. Orders One way on $10,000 \n All wholesalers read $0.94 \n Fidelity customers $0.98 \n Schwab customers $1.64 \n EDGI: what retail market orders paid one way on $10,000, by month, at the wholesalers. Old format: orders of 100 to 9,999 shares, to Jul 2026. Month One way on $10,000 \n Aug 2025 (old format) $2.12 \n Sep 2025 (old format) $0.85 \n Oct 2025 (old format) $1.23 \n Nov 2025 (old format) $1.69 \n Dec 2025 (old format) \u2212$0.13 \n Jan 2026 (old format) $0.71 \n Feb 2026 (old format) \u2212$0.05 \n Mar 2026 (old format) $1.41 \n Apr 2026 (old format) $0.48 \n May 2026 (old format) $0.13 \n Jun 2026 (old format) $0.52 \n Jul 2026 (old format) $1.71 \n Aug 2026 $0.29 \n Sep 2026 $0.94 \n Where it trades\n In Q2 2026, odd lots were 10.1% of EDGI\u2019s exchange volume.\n Coming with trade data\n Spread through the day, buyers against sellers, an estimate of retail flow, large trades and the closing auction\u2019s share, each once ETFIQ has trade and quote data.\n Sources and dates\n Retail orders: SEC Rule 605 reports, Sep 2026, from Charles Schwab, G1 Execution Services, Fidelity Brokerage Services, Robinhood, HRT Financial, Jane Street Capital, Vanguard. Computed by ETFIQ. Citadel Securities refused ETFIQ\u2019s request, so its orders are not counted.\n Where it trades: SEC MIDAS, Q2 2026.\n Where to next\n EDGI fund page ETF trading costs and liquidity Limit orders vs market orders for ETFs Why low volume does not mean illiquid How the IQ Liquidity Score is built Compare EDGI with another fund The score measures trading conditions, not the fund. ETFIQ is an independent publisher, not an adviser, and makes no recommendations. Standards and sources \n Cite this page. ETFIQ, EDGI trading: cost, capacity, premium and dealers, data as of Nov 4, 2026. https://etfiq.com/funds/edgi/trading/ Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, EDGI trading: cost, capacity, premium and dealers, data as of Nov 4, 2026. https://etfiq.com/funds/edgi/trading/ APA ETFIQ. (Nov 4, 2026). EDGI trading: cost, capacity, premium and dealers. Retrieved from https://etfiq.com/funds/edgi/trading/ Markdown [EDGI trading: cost, capacity, premium and dealers (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/edgi/trading/)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, EDGI trading: cost, capacity, premium and dealers, data as of Nov 4, 2026. https://etfiq.com/funds/edgi/trading/"}