TDAX vs. BRKW

Last updated Jun 5, 2026

TDAX (TDAQ Lift ETF) and BRKW (Roundhill BRKB WeeklyPay ETF) are both exchange-traded funds - TDAX is a Leveraged Equities fund actively managed by TappAlpha, while BRKW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. At a correlation of -0.00, they often move in opposite directions. TDAX charges 0.98%/yr vs 0.99%/yr for BRKW.

Performance

TDAX vs. BRKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TDAQ Lift ETF (TDAX) and Roundhill BRKB WeeklyPay ETF (BRKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TDAX

• 1D: -0.64%
• 1M: 11.17%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BRKW

• 1D: 0.87%
• 1M: 3.11%
• YTD: -6.96%
• 6M: -7.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDAX vs. BRKW - Yearly Performance Comparison

	2026 (YTD)
TDAX TDAQ Lift ETF	20.74%
BRKW Roundhill BRKB WeeklyPay ETF	-5.48%

Correlation

The correlation between TDAX and BRKW is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 8, 2026	-0.00

Return for Risk

TDAX vs. BRKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TDAQ Lift ETF (TDAX) and Roundhill BRKB WeeklyPay ETF (BRKW). 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

	TDAX	BRKW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.52	-0.30	+2.83

Drawdowns

TDAX vs. BRKW - Drawdown Comparison

The maximum TDAX drawdown since its inception was -14.69%, which is greater than BRKW's maximum drawdown of -12.64%. Use the drawdown chart below to compare losses from any high point for TDAX and BRKW.

Drawdown Indicators

	TDAX	BRKW	Difference
Max Drawdown Largest peak-to-trough decline	-14.69%	-12.64%	-2.05%
Current Drawdown Current decline from peak	-0.71%	-9.92%	+9.21%
Average Drawdown Average peak-to-trough decline	-3.68%	-5.36%	+1.68%

Volatility

Volatility by Period

	TDAX	BRKW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	23.63%	17.22%	+6.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.63%	17.22%	+6.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.63%	17.22%	+6.41%

TDAX vs. BRKW - Expense Ratio Comparison

TDAX has a 0.98% expense ratio, which is lower than BRKW's 0.99% expense ratio.

Dividends

TDAX vs. BRKW - Dividend Comparison

TDAX's dividend yield for the trailing twelve months is around 7.45%, less than BRKW's 24.97% yield.

Position	TTM	2025
BRKW Roundhill BRKB WeeklyPay ETF	24.97%	14.45%
TDAX TDAQ Lift ETF	7.45%	0.00%

Frequently Asked Questions

Can I hold both TDAX and BRKW in my portfolio?

TDAX and BRKW have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDAX or BRKW?

On fees, TDAX is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDAX or BRKW?

TDAX is cheaper with a 0.98% expense ratio, compared with 0.99% for BRKW.

Which ETF pays a higher dividend yield, TDAX or BRKW?

BRKW has the higher dividend yield at 24.97%, compared with 7.45% for TDAX.

What is the main difference between TDAX and BRKW?

TDAX is categorized as Leveraged Equities, while BRKW is Derivative Income. They also come from different issuers: TappAlpha and Roundhill. Their fees differ too: 0.98% for TDAX and 0.99% for BRKW.