TSYX vs. TDAX

Last updated Apr 1, 2026

Compare and contrast key facts about TSPY Lift ETF (TSYX) and TDAQ Lift ETF (TDAX).

TSYX and TDAX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSYX is an actively managed fund by TappAlpha. It was launched on Jan 6, 2026. TDAX is an actively managed fund by TappAlpha. It was launched on Jan 7, 2026.

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.

TSYX vs. TDAX - Yearly Performance Comparison

	2026 (YTD)
TSYX TSPY Lift ETF	-8.44%
TDAX TDAQ Lift ETF	-10.90%

Returns By Period

TSYX

• 1D: 4.07%
• 1M: -7.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDAX

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

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

TSYX vs. TDAX - Expense Ratio Comparison

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

TSYX

TSPY Lift ETF

TDAX

TDAQ Lift ETF

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	-1.61	-1.67	+0.06

Correlation

The correlation between TSYX and TDAX is 0.95, 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

TSYX vs. TDAX - Dividend Comparison

TSYX's dividend yield for the trailing twelve months is around 3.46%, less than TDAX's 5.15% yield.

	TTM
TSYX TSPY Lift ETF	3.46%
TDAX TDAQ Lift ETF	5.15%

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	-9.86%	-11.65%	+1.79%
Average Drawdown Average peak-to-trough decline	-3.75%	-5.11%	+1.36%

Volatility

Volatility by Period

	TSYX	TDAX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.22%	24.13%	-3.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.22%	24.13%	-3.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.22%	24.13%	-3.91%