TDAX vs. TSYX

Last updated Jun 4, 2026

TDAX (TDAQ Lift ETF) and TSYX (TSPY Lift ETF) are both Leveraged Equities funds from TappAlpha. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 0.98% expense ratio.

Performance

TDAX vs. TSYX - Performance Comparison

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

Returns By Period

TDAX

• 1D: -0.07%
• 1M: 13.80%
• YTD: —
• 6M: —
• 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)

TDAX vs. TSYX - Yearly Performance Comparison

	2026 (YTD)
TDAX TDAQ Lift ETF	21.51%
TSYX TSPY Lift ETF	8.70%

Correlation

The correlation between TDAX and TSYX is 0.92, 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	0.92

Return for Risk

TDAX vs. TSYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TDAQ Lift ETF (TDAX) 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

	TDAX	TSYX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.65	1.28	+1.38

Drawdowns

TDAX vs. TSYX - Drawdown Comparison

The maximum TDAX drawdown since its inception was -14.69%, which is greater than TSYX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for TDAX and TSYX.

Drawdown Indicators

	TDAX	TSYX	Difference
Max Drawdown Largest peak-to-trough decline	-14.69%	-13.39%	-1.30%
Current Drawdown Current decline from peak	-0.07%	-0.16%	+0.09%
Average Drawdown Average peak-to-trough decline	-3.71%	-2.97%	-0.74%

Volatility

Volatility by Period

	TDAX	TSYX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	23.71%	18.21%	+5.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.71%	18.21%	+5.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.71%	18.21%	+5.50%

TDAX vs. TSYX - Expense Ratio Comparison

Both TDAX and TSYX have an expense ratio of 0.98%.

Dividends

TDAX vs. TSYX - Dividend Comparison

TDAX's dividend yield for the trailing twelve months is around 7.40%, more than TSYX's 6.17% yield.

Position	TTM
TDAX TDAQ Lift ETF	7.40%
TSYX TSPY Lift ETF	6.17%

Frequently Asked Questions

Can I hold both TDAX and TSYX in my portfolio?

With a correlation of 0.92, TDAX and TSYX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, TDAX or TSYX?

Both ETFs have the same 0.98% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDAX or TSYX?

TDAX and TSYX have the same expense ratio: 0.98% per year.

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

TDAX has the higher dividend yield at 7.40%, compared with 6.17% for TSYX.