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 0.55 correlation means they provide meaningful diversification when combined. TDAQ charges 0.83%/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 14.87% return, which is significantly higher than GOOY's 9.57% return.
TDAQ
- 1D
- -2.79%
- 1M
- -0.85%
- YTD
- 14.87%
- 6M
- 13.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GOOY
- 1D
- -0.99%
- 1M
- -8.62%
- YTD
- 9.57%
- 6M
- 9.10%
- 1Y
- 83.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TDAQ vs. GOOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF | 14.87% | 9.61% |
GOOY YieldMax GOOGL Option Income Strategy ETF | 9.57% | 26.51% |
Correlation
The correlation between TDAQ and GOOY is 0.55, 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 4, 2025 | 0.55 |
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Return for Risk
TDAQ vs. GOOY — Risk / Return Rank
TDAQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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.
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 | GOOY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.60 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.17 | — |
| Martin ratioReturn relative to average drawdown | — | 18.36 | — |
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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 | -4.84% | -11.86% | +7.02% |
Average DrawdownAverage peak-to-trough decline | -2.34% | -6.28% | +3.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.54% | — |
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 | — | 8.16% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 17.72% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.52% | 23.67% | -5.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.52% | 23.43% | -4.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.52% | 23.43% | -4.91% |
TDAQ vs. GOOY - Expense Ratio Comparison
TDAQ has a 0.83% 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 12.14%, less than GOOY's 52.71% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GOOY YieldMax GOOGL Option Income Strategy ETF | 52.71% | 41.50% | 36.74% | 7.90% |
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF | 12.14% | 4.32% | 0.00% | 0.00% |
Frequently Asked Questions
TDAQ and GOOY have a correlation of 0.55, 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 0.83% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TDAQ is cheaper with a 0.83% expense ratio, compared with 0.99% for GOOY.
GOOY has the higher dividend yield at 52.71%, compared with 12.14% for TDAQ.
They also come from different issuers: TappAlpha and YieldMax. Their fees differ too: 0.83% for TDAQ and 0.99% for GOOY.
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