TDAQ vs. EGGY
TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF) and EGGY (NestYield Dynamic Income ETF) are both Derivative Income funds. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. TDAQ charges 0.68%/yr vs 0.95%/yr for EGGY.
Performance
TDAQ vs. EGGY - Performance Comparison
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Returns By Period
In the year-to-date period, TDAQ achieves a 20.13% return, which is significantly lower than EGGY's 38.58% return.
TDAQ
- 1D
- -0.48%
- 1M
- 10.56%
- YTD
- 20.13%
- 6M
- 19.09%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EGGY
- 1D
- -1.34%
- 1M
- 12.89%
- YTD
- 38.58%
- 6M
- 36.91%
- 1Y
- 50.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TDAQ vs. EGGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF | 20.13% | 8.90% |
EGGY NestYield Dynamic Income ETF | 38.58% | 1.29% |
Correlation
The correlation between TDAQ and EGGY is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 5, 2025 | 0.70 |
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Return for Risk
TDAQ vs. EGGY — Risk / Return Rank
TDAQ
EGGY
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.
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Sharpe Ratios by Period
| TDAQ | EGGY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.55 | 1.36 | +1.19 |
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
| TDAQ | EGGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.31% | -18.34% | +7.03% |
Max Drawdown (1Y)Largest decline over 1 year | — | -18.34% | — |
Current DrawdownCurrent decline from peak | -0.48% | -1.34% | +0.86% |
Average DrawdownAverage peak-to-trough decline | -2.25% | -5.25% | +3.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.26% | — |
Volatility
TDAQ vs. EGGY - Volatility Comparison
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Volatility by Period
| TDAQ | EGGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 12.26% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 23.94% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.14% | 29.07% | -11.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.14% | 28.64% | -11.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.14% | 28.64% | -11.50% |
TDAQ vs. EGGY - Expense Ratio Comparison
TDAQ has a 0.68% expense ratio, which is lower than EGGY's 0.95% expense ratio.
Dividends
TDAQ vs. EGGY - Dividend Comparison
TDAQ's dividend yield for the trailing twelve months is around 10.10%, less than EGGY's 25.74% yield.
| Position | TTM | 2025 |
|---|---|---|
EGGY NestYield Dynamic Income ETF | 25.74% | 28.26% |
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF | 10.10% | 4.32% |
Frequently Asked Questions
TDAQ and EGGY have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TDAQ is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TDAQ is cheaper with a 0.68% expense ratio, compared with 0.95% for EGGY.
EGGY has the higher dividend yield at 25.74%, compared with 10.10% for TDAQ.
They also come from different issuers: TappAlpha and NestYield. Their fees differ too: 0.68% for TDAQ and 0.95% for EGGY.
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