TDAQ vs. GOOY
TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF) and GOOY (YieldMax GOOGL Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. A 0.57 correlation means they provide meaningful diversification when combined. TDAQ charges 0.68%/yr vs 0.99%/yr for GOOY.
Performance
TDAQ vs. GOOY - Performance Comparison
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Returns By Period
In the year-to-date period, TDAQ achieves a 20.13% return, which is significantly higher than GOOY's 13.61% return.
TDAQ
- 1D
- -0.48%
- 1M
- 10.56%
- YTD
- 20.13%
- 6M
- 19.09%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GOOY
- 1D
- -0.65%
- 1M
- -5.16%
- YTD
- 13.61%
- 6M
- 11.36%
- 1Y
- 88.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TDAQ vs. GOOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF | 20.13% | 8.90% |
GOOY YieldMax GOOGL Option Income Strategy ETF | 13.61% | 25.65% |
Correlation
The correlation between TDAQ and GOOY is 0.57, 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 | 0.57 |
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Return for Risk
TDAQ vs. GOOY — Risk / Return Rank
TDAQ
GOOY
TDAQ vs. GOOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) and YieldMax GOOGL Option Income Strategy ETF (GOOY). 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 | GOOY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.55 | 1.09 | +1.46 |
Drawdowns
TDAQ vs. GOOY - Drawdown Comparison
The maximum TDAQ drawdown since its inception was -11.31%, smaller than the maximum GOOY drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for TDAQ and GOOY.
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Drawdown Indicators
| TDAQ | GOOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.31% | -24.40% | +13.09% |
Max Drawdown (1Y)Largest decline over 1 year | — | -16.15% | — |
Current DrawdownCurrent decline from peak | -0.48% | -8.61% | +8.13% |
Average DrawdownAverage peak-to-trough decline | -2.25% | -6.26% | +4.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.20% | — |
Volatility
TDAQ vs. GOOY - Volatility Comparison
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Volatility by Period
| TDAQ | GOOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.90% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 17.19% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.14% | 23.19% | -6.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.14% | 23.31% | -6.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.14% | 23.31% | -6.17% |
TDAQ vs. GOOY - Expense Ratio Comparison
TDAQ has a 0.68% expense ratio, which is lower than GOOY's 0.99% expense ratio.
Dividends
TDAQ vs. GOOY - Dividend Comparison
TDAQ's dividend yield for the trailing twelve months is around 10.10%, less than GOOY's 50.99% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GOOY YieldMax GOOGL Option Income Strategy ETF | 50.99% | 41.50% | 36.74% | 7.90% |
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF | 10.10% | 4.32% | 0.00% | 0.00% |
Frequently Asked Questions
TDAQ and GOOY have a correlation of 0.57, 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 0.99% for GOOY.
GOOY has the higher dividend yield at 50.99%, compared with 10.10% for TDAQ.
They also come from different issuers: TappAlpha and YieldMax. Their fees differ too: 0.68% for TDAQ and 0.99% for GOOY.
Find the right allocation for TDAQ and GOOY
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