As a direct consequence of global change, both natural and human-induced, a high percentage of biodiversity is now under threat worldwide. This has urged conservation planners to formulate and/or improve existing strategies to preserve species and their ecosystems. In this context, the present study focuses on two strategies using phylogeny-based measures of biodiversity to account for the processes that led to the biodiversity patterns observed today. It will contribute additional information that can aid decision-making regarding the assignment of threat status for some species, thus strengthening measures currently in use and facilitate the allocation of often scarce conservation resources. The Evolutionarily Distinct (ED) index prioritises species that are on long branches of the tree of life with few descendants, and the Evolutionarily Distinct and Globally Endangered (EDGE) index integrates evolutionary history with IUCN Red List threat status of species. It has been used mostly in animal groups, but since the threats faced by many plants have not been evaluated, it has been more difficult to compile for plants worldwide. Here, we apply the EDGE metric to species of the endemic genera of Chile. However, more than 50% of the endemic flora of the country are still lacking official threat status. We thus used an alternative measure (Relative Evolutionary Distinctness–RED), based on a range-weighted phylogenetic tree, which uses geographic ranges to adjust branch lengths, and calculate ED. The RED index was shown to be a suitable measure, yielding similar results compared to EDGE, at least for this group of species. Given the urgency to halt biodiversity loss and the time it would take to evaluate all species, we propose that this index is used to set conservation priorities until we can calculate EDGE for these unique endemic species. This would allow guiding decision-making until we can gather more data to assess and assign conservation status to new species.