Global X ETFs launched two weekly income ETFs $EDGX $EDGQ and their first distribution has been announced

Source: https://www.globalxetfs.com/funds/EDGX

https://www.globalxetfs.com/funds/EDGQ

$EDGQ - $0.063300 (13% target yield)

$EDGX - $0.044000 (9% target yield)

Seems like providers are releasing more and more ETFs with the goal of a balance between income and growth. The Nasdaq 100 is able to support a 13% yield and The SP500 is able to support a 9% yield so the funds shouldn’t experience any NAV erosion.. I may add to my portfolio eventually. thoughts?