TDAX vs. TDAQ

Last updated Apr 1, 2026

Compare and contrast key facts about TDAQ Lift ETF (TDAX) and TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ).

TDAX and TDAQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TDAX is an actively managed fund by TappAlpha. It was launched on Jan 7, 2026. TDAQ is an actively managed fund by TappAlpha. It was launched on Sep 4, 2025.

Performance

TDAX vs. TDAQ - Performance Comparison

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

TDAX vs. TDAQ - Yearly Performance Comparison

	2026 (YTD)
TDAX TDAQ Lift ETF	-10.90%
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	-7.04%

Returns By Period

TDAX

• 1D: 3.56%
• 1M: -7.09%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDAQ

• 1D: 3.47%
• 1M: -5.19%
• YTD: -5.75%
• 6M: -2.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDAX vs. TDAQ - Expense Ratio Comparison

TDAX has a 0.98% expense ratio, which is higher than TDAQ's 0.68% expense ratio.

TDAX

TDAQ Lift ETF

TDAQ

TappAlpha Innovation 100 Growth & Daily Income ETF

Return for Risk

TDAX vs. TDAQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TDAQ Lift ETF (TDAX) and TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ). 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	TDAQ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.67	0.27	-1.94

Correlation

The correlation between TDAX and TDAQ is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

TDAX vs. TDAQ - Dividend Comparison

TDAX's dividend yield for the trailing twelve months is around 5.15%, less than TDAQ's 9.40% yield.

	TTM	2025
TDAX TDAQ Lift ETF	5.15%	0.00%
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	9.40%	4.32%

Drawdowns

TDAX vs. TDAQ - Drawdown Comparison

The maximum TDAX drawdown since its inception was -14.69%, which is greater than TDAQ's maximum drawdown of -11.31%. Use the drawdown chart below to compare losses from any high point for TDAX and TDAQ.

Drawdown Indicators

	TDAX	TDAQ	Difference
Max Drawdown Largest peak-to-trough decline	-14.69%	-11.31%	-3.38%
Current Drawdown Current decline from peak	-11.65%	-8.23%	-3.42%
Average Drawdown Average peak-to-trough decline	-5.11%	-2.58%	-2.53%

Volatility

Volatility by Period

	TDAX	TDAQ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.13%	17.55%	+6.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.13%	17.55%	+6.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.13%	17.55%	+6.58%