- ISIN
- US26923N5538
- CUSIP
- 26923N546
- Issuer
- TappAlpha
- Inception Date
- Sep 4, 2025
- Region
- North America (U.S.)
- Category
- Derivative Income
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $24M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
TDAQ Performance Chart
TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) is up 14.0% since the beginning of the year. TDAQ is currently trading at $28 per share.
Loading charts...
Returns By Period
TappAlpha Innovation 100 Growth & Daily Income ETF
- 1D
- 1.39%
- 1M
- 0.09%
- YTD
- 14.00%
- 6M
- 12.43%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 1.75%
- 1M
- -0.09%
- YTD
- 8.02%
- 6M
- 7.15%
- 1Y
- 22.78%
- 3Y*
- 19.45%
- 5Y*
- 11.73%
- 10Y*
- 13.53%
TDAQ Monthly Returns History
Based on dividend-adjusted daily data since Sep 4, 2025, TDAQ's average daily return is +0.12%, while the average monthly return is +2.43%. At this rate, an investment would double in approximately 2.4 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2026 with a return of +14.4%, while the worst month was Mar 2026 at -5.2%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 2 months.
On a daily basis, TDAQ closed higher 60% of trading days. The best single day was Mar 31, 2026 with a return of +3.5%, while the worst single day was Jun 5, 2026 at -4.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.52% | -1.10% | -5.19% | 14.38% | 10.56% | -4.35% | 14.00% | ||||||
| 2025 | 5.48% | 5.13% | -1.18% | 0.03% | 9.61% |
Benchmark Metrics
TappAlpha Innovation 100 Growth & Daily Income ETF has an annualized alpha of 7.35%, beta of 1.26, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since September 04, 2025.
- This ETF captured 167.09% of S&P 500 Index gains and 121.91% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 7.35% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 7.35%
- Beta
- 1.26
- R²
- 0.84
- Upside Capture
- 167.09%
- Downside Capture
- 121.91%
Expense Ratio
TDAQ has an expense ratio of 0.83%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TDAQ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.52 | — |
| Martin ratioReturn relative to average drawdown | — | 11.31 | — |
Dividends
Dividend History
TappAlpha Innovation 100 Growth & Daily Income ETF provided a 10.64% dividend yield over the last twelve months, with an annual payout of $2.95 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $2.95 | $1.13 |
Dividend yield | 10.64% | 4.32% |
Monthly Dividends
The table displays the monthly dividend distributions for TappAlpha Innovation 100 Growth & Daily Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.38 | $0.36 | $0.35 | $0.35 | $0.38 | $0.00 | $1.82 | ||||||
| 2025 | $0.38 | $0.37 | $0.37 | $1.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the TappAlpha Innovation 100 Growth & Daily Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the TappAlpha Innovation 100 Growth & Daily Income ETF was 11.31%, occurring on Mar 30, 2026. Recovery took 11 trading sessions.
The current TappAlpha Innovation 100 Growth & Daily Income ETF drawdown is 5.56%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 correction2026 | -11.31%Mar 2026 | 2mo | 16d | 2mo 16dJan 2026 - Apr 2026 |
2025 pullback2025 | -8.05%Nov 2025 | 21d | 2mo 9d | 3moOct 2025 - Jan 2026 |
2026 pullback2026 | -6.86%Jun 2026 | 7d | — | 9d 18hJun 2026 - now |
2025 pullback2025 | -3.71%Oct 2025 | 1d | 10d | 11dOct 2025 - Oct 2025 |
2026 pullback2026 | -2.42%May 2026 | 4d | 3d | 7dMay 2026 - May 2026 |
Drawdown Indicators
| TDAQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.31% | -56.78% | +45.47% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -5.56% | -2.83% | -2.73% |
Average DrawdownAverage peak-to-trough decline | -2.31% | -10.72% | +8.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.02% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with TDAQ
Add TappAlpha Innovation 100 Growth & Daily Income ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with TDAQ