TSYX vs. TDAX

Last updated Jun 4, 2026

TSYX (TSPY Lift ETF) and TDAX (TDAQ 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

TSYX vs. TDAX - Performance Comparison

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

Returns By Period

TSYX

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

TDAX

• 1D: -0.07%
• 1M: 13.80%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSYX vs. TDAX - Yearly Performance Comparison

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

Correlation

The correlation between TSYX and TDAX 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

TSYX vs. TDAX - Risk-Adjusted Trends Comparison

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

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

Drawdowns

TSYX vs. TDAX - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

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

TSYX vs. TDAX - Expense Ratio Comparison

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

Dividends

TSYX vs. TDAX - Dividend Comparison

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

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

Frequently Asked Questions

Can I hold both TSYX and TDAX in my portfolio?

With a correlation of 0.92, TSYX and TDAX 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, TSYX or TDAX?

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, TSYX or TDAX?

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

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

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