TDAQ vs. TSYX

Last updated Jun 4, 2026

TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF) and TSYX (TSPY Lift ETF) are both exchange-traded funds - TDAQ is a Derivative Income fund actively managed by TappAlpha, while TSYX is a Leveraged Equities fund actively managed by TappAlpha. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. TDAQ charges 0.68%/yr vs 0.98%/yr for TSYX.

Performance

TDAQ vs. TSYX - Performance Comparison

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

Returns By Period

TDAQ

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

TSYX

• 1D: -0.16%
• 1M: 6.87%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDAQ vs. TSYX - Yearly Performance Comparison

	2026 (YTD)
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	18.50%
TSYX TSPY Lift ETF	8.70%

Correlation

The correlation between TDAQ and TSYX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 8, 2026	0.88

Return for Risk

TDAQ vs. TSYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) and TSPY Lift ETF (TSYX). 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	TSYX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.55	1.28	+1.27

Drawdowns

TDAQ vs. TSYX - Drawdown Comparison

The maximum TDAQ drawdown since its inception was -11.31%, smaller than the maximum TSYX drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for TDAQ and TSYX.

Drawdown Indicators

	TDAQ	TSYX	Difference
Max Drawdown Largest peak-to-trough decline	-11.31%	-13.39%	+2.08%
Current Drawdown Current decline from peak	-0.48%	-0.16%	-0.32%
Average Drawdown Average peak-to-trough decline	-2.25%	-2.97%	+0.72%

Volatility

Volatility by Period

	TDAQ	TSYX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.14%	18.21%	-1.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.14%	18.21%	-1.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.14%	18.21%	-1.07%

TDAQ vs. TSYX - Expense Ratio Comparison

TDAQ has a 0.68% expense ratio, which is lower than TSYX's 0.98% expense ratio.

Dividends

TDAQ vs. TSYX - Dividend Comparison

TDAQ's dividend yield for the trailing twelve months is around 10.10%, more than TSYX's 6.17% yield.

Position	TTM	2025
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	10.10%	4.32%
TSYX TSPY Lift ETF	6.17%	0.00%

Frequently Asked Questions

Can I hold both TDAQ and TSYX in my portfolio?

TDAQ and TSYX have a correlation of 0.88, 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 TSYX?

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 TSYX?

TDAQ is cheaper with a 0.68% expense ratio, compared with 0.98% for TSYX.

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

TDAQ has the higher dividend yield at 10.10%, compared with 6.17% for TSYX.

What is the main difference between TDAQ and TSYX?

TDAQ is categorized as Derivative Income, while TSYX is Leveraged Equities. Their fees differ too: 0.68% for TDAQ and 0.98% for TSYX.