TDAQ vs. TSII

Last updated Jun 4, 2026

TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF) and TSII (REX TSLA Growth & Income ETF) are both exchange-traded funds - TDAQ is a Derivative Income fund actively managed by TappAlpha, while TSII is a Leveraged Equities fund actively managed by REX. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. TDAQ charges 0.68%/yr vs 0.99%/yr for TSII.

Performance

TDAQ vs. TSII - Performance Comparison

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

Returns By Period

In the year-to-date period, TDAQ achieves a 20.13% return, which is significantly higher than TSII's -6.73% return.

TDAQ

• 1D: -0.48%
• 1M: 10.56%
• YTD: 20.13%
• 6M: 19.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSII

• 1D: 0.32%
• 1M: 6.19%
• YTD: -6.73%
• 6M: -7.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDAQ vs. TSII - Yearly Performance Comparison

	2026 (YTD)	2025
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	20.13%	8.90%
TSII REX TSLA Growth & Income ETF	-6.73%	33.62%

Correlation

The correlation between TDAQ and TSII is 0.59, 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	0.59

Return for Risk

TDAQ vs. TSII - Risk-Adjusted Trends Comparison

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

Sharpe Ratios by Period

	TDAQ	TSII	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.55	0.75	+1.80

Drawdowns

TDAQ vs. TSII - Drawdown Comparison

The maximum TDAQ drawdown since its inception was -11.31%, smaller than the maximum TSII drawdown of -29.03%. Use the drawdown chart below to compare losses from any high point for TDAQ and TSII.

Drawdown Indicators

	TDAQ	TSII	Difference
Max Drawdown Largest peak-to-trough decline	-11.31%	-29.03%	+17.72%
Current Drawdown Current decline from peak	-0.48%	-14.76%	+14.28%
Average Drawdown Average peak-to-trough decline	-2.25%	-9.31%	+7.06%

Volatility

Volatility by Period

	TDAQ	TSII	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.14%	46.04%	-28.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.14%	46.04%	-28.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.14%	46.04%	-28.90%

TDAQ vs. TSII - Expense Ratio Comparison

TDAQ has a 0.68% expense ratio, which is lower than TSII's 0.99% expense ratio.

Dividends

TDAQ vs. TSII - Dividend Comparison

TDAQ's dividend yield for the trailing twelve months is around 10.10%, less than TSII's 70.30% yield.

Position	TTM	2025
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	10.10%	4.32%
TSII REX TSLA Growth & Income ETF	70.30%	32.17%

Frequently Asked Questions

Can I hold both TDAQ and TSII in my portfolio?

TDAQ and TSII have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDAQ or TSII?

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.

Which ETF is cheaper, TDAQ or TSII?

TDAQ is cheaper with a 0.68% expense ratio, compared with 0.99% for TSII.

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

TSII has the higher dividend yield at 70.30%, compared with 10.10% for TDAQ.

What is the main difference between TDAQ and TSII?

TDAQ is categorized as Derivative Income, while TSII is Leveraged Equities. They also come from different issuers: TappAlpha and REX. Their fees differ too: 0.68% for TDAQ and 0.99% for TSII.