ROCQ vs. TDAQ

Last updated Aug 2, 2026

ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) and TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF) are both exchange-traded funds - ROCQ is a Nasdaq-100 fund actively managed by JPMorgan, while TDAQ is a Derivative Income fund actively managed by TappAlpha. Both are actively managed. Their correlation of 0.95 means they have usually moved in the same direction. ROCQ charges 0.35%/yr vs 0.83%/yr for TDAQ.

Performance

ROCQ vs. TDAQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ROCQ

• 1D: 0.57%
• 1M: -1.59%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TDAQ

• 1D: 0.54%
• 1M: -2.90%
• 6M: 10.40%
• YTD: 10.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	$13.25M	$10.81M	$11.79M
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	$8.27M	$7.96M	$6.89M

ROCQ vs. TDAQ - Yearly Performance Comparison

	2026 (YTD)
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	13.59%
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	15.20%

Correlation

The correlation between ROCQ and TDAQ is 0.95, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.95

Return for Risk

ROCQ vs. TDAQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

ROCQ vs. TDAQ - Drawdown Comparison

The maximum ROCQ drawdown since its inception was -8.05%, smaller than the maximum TDAQ drawdown of -11.72%. Use the drawdown chart below to compare losses from any high point for ROCQ and TDAQ.

Drawdown Indicators

	ROCQ	TDAQ	Difference
Max Drawdown Largest peak-to-trough decline	-8.05%	-11.72%	+3.67%
Current Drawdown Current decline from peak	-4.27%	-8.07%	+3.80%
Average Drawdown Average peak-to-trough decline	-1.57%	-2.77%	+1.20%

Volatility

Volatility by Period

	ROCQ	TDAQ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.01%	19.30%	+0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.01%	19.30%	+0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.01%	19.30%	+0.71%

ROCQ vs. TDAQ - Expense Ratio Comparison

ROCQ has a 0.35% expense ratio, which is lower than TDAQ's 0.83% expense ratio.

Dividends

ROCQ vs. TDAQ - Dividend Comparison

ROCQ's dividend yield for the trailing twelve months is around 3.08%, less than TDAQ's 14.24% yield.

Position	TTM	2025
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	3.08%	0.00%
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	14.24%	4.32%

Frequently Asked Questions

Can I hold both ROCQ and TDAQ in my portfolio?

With a correlation of 0.95, ROCQ and TDAQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ROCQ or TDAQ?

On fees, ROCQ is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROCQ or TDAQ?

ROCQ is cheaper with a 0.35% expense ratio, compared with 0.83% for TDAQ.

Which ETF pays a higher dividend yield, ROCQ or TDAQ?

TDAQ has the higher dividend yield at 14.24%, compared with 3.08% for ROCQ.

What is the main difference between ROCQ and TDAQ?

ROCQ is categorized as Nasdaq-100, while TDAQ is Derivative Income. They also come from different issuers: JPMorgan and TappAlpha. Their fees differ too: 0.35% for ROCQ and 0.83% for TDAQ.