TSII vs. TDAQ

Last updated Jun 3, 2026

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

Performance

TSII vs. TDAQ - Performance Comparison

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

Returns By Period

In the year-to-date period, TSII achieves a -7.03% return, which is significantly lower than TDAQ's 20.71% return.

TSII

• 1D: 2.22%
• 1M: 6.48%
• YTD: -7.03%
• 6M: -4.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDAQ

• 1D: 0.65%
• 1M: 10.93%
• YTD: 20.71%
• 6M: 20.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSII vs. TDAQ - Yearly Performance Comparison

	2026 (YTD)	2025
TSII REX TSLA Growth & Income ETF	-7.03%	33.62%
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	20.71%	8.90%

Correlation

The correlation between TSII and TDAQ 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

TSII vs. TDAQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX TSLA Growth & Income ETF (TSII) 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

	TSII	TDAQ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	2.62	-1.88

Drawdowns

TSII vs. TDAQ - Drawdown Comparison

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

Drawdown Indicators

	TSII	TDAQ	Difference
Max Drawdown Largest peak-to-trough decline	-29.03%	-11.31%	-17.72%
Current Drawdown Current decline from peak	-15.04%	0.00%	-15.04%
Average Drawdown Average peak-to-trough decline	-9.29%	-2.26%	-7.03%

Volatility

Volatility by Period

	TSII	TDAQ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	46.13%	17.17%	+28.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.13%	17.17%	+28.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.13%	17.17%	+28.96%

TSII vs. TDAQ - Expense Ratio Comparison

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

Dividends

TSII vs. TDAQ - Dividend Comparison

TSII's dividend yield for the trailing twelve months is around 70.53%, more than TDAQ's 10.05% yield.

Position	TTM	2025
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	10.05%	4.32%
TSII REX TSLA Growth & Income ETF	70.53%	32.17%

Frequently Asked Questions

Can I hold both TSII and TDAQ in my portfolio?

TSII and TDAQ 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, TSII or TDAQ?

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, TSII or TDAQ?

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

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

TSII has the higher dividend yield at 70.53%, compared with 10.05% for TDAQ.

What is the main difference between TSII and TDAQ?

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