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TDAQ vs. EGGY
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

TDAQ vs. EGGY - Performance Comparison

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

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TDAQ vs. EGGY - Yearly Performance Comparison


Returns By Period

In the year-to-date period, TDAQ achieves a -5.75% return, which is significantly lower than EGGY's -5.31% return.


TDAQ

1D
3.47%
1M
-5.19%
YTD
-5.75%
6M
-2.06%
1Y
3Y*
5Y*
10Y*

EGGY

1D
3.78%
1M
-6.31%
YTD
-5.31%
6M
-10.81%
1Y
21.45%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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TDAQ vs. EGGY - Expense Ratio Comparison

TDAQ has a 0.68% expense ratio, which is lower than EGGY's 0.95% expense ratio.


Return for Risk

TDAQ vs. EGGY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TDAQ

EGGY
EGGY Risk / Return Rank: 4343
Overall Rank
EGGY Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
EGGY Sortino Ratio Rank: 4343
Sortino Ratio Rank
EGGY Omega Ratio Rank: 4343
Omega Ratio Rank
EGGY Calmar Ratio Rank: 4949
Calmar Ratio Rank
EGGY Martin Ratio Rank: 3535
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TDAQ vs. EGGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) and NestYield Dynamic Income ETF (EGGY). 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.


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

TDAQ vs. EGGY - Sharpe Ratio Comparison


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Sharpe Ratios by Period


TDAQEGGYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.76

Sharpe Ratio (All Time)

Calculated using the full available price history

0.27

0.26

+0.01

Correlation

The correlation between TDAQ and EGGY is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

TDAQ vs. EGGY - Dividend Comparison

TDAQ's dividend yield for the trailing twelve months is around 9.40%, less than EGGY's 33.70% yield.


Drawdowns

TDAQ vs. EGGY - Drawdown Comparison

The maximum TDAQ drawdown since its inception was -11.31%, smaller than the maximum EGGY drawdown of -18.34%. Use the drawdown chart below to compare losses from any high point for TDAQ and EGGY.


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Drawdown Indicators


TDAQEGGYDifference

Max Drawdown

Largest peak-to-trough decline

-11.31%

-18.34%

+7.03%

Max Drawdown (1Y)

Largest decline over 1 year

-18.34%

Current Drawdown

Current decline from peak

-8.23%

-15.26%

+7.03%

Average Drawdown

Average peak-to-trough decline

-2.58%

-5.52%

+2.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.00%

Volatility

TDAQ vs. EGGY - Volatility Comparison


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Volatility by Period


TDAQEGGYDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.26%

Volatility (6M)

Calculated over the trailing 6-month period

22.31%

Volatility (1Y)

Calculated over the trailing 1-year period

17.55%

28.24%

-10.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.55%

27.19%

-9.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.55%

27.19%

-9.64%