TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 26.62 | Day Range | 26.56 – 26.77 |
| 52-Week Range | 22.70 – 29.51 | Volume | 220.25K |
| Avg Volume | 251.54K | AUM | $24.0M (Aug 26, 2026) |
| Expense Ratio | 0.68% | Yield (TTM) | 15.49% |
| NAV | 26.81 | Premium/Discount | -0.56% indicative |
| Inception | Sep 04, 2025 | Holdings | — |
| Issuer | TappAlpha | Exchange | CBOE |
| Category | Technology | Index Tracked | Nasdaq-100 |
| CUSIP | 26923N546 | ISIN | US26923N5462 |
| Structure | Inverse | ||
| Management | Not stated in source data | ||
About this ETF
The fund's manager seeks to achieve its investment objectives through the use of a call option strategy that combines a long position in QQQ, a unit investment trust designed to track the investment results of the NASDAQ-100 Index, with short positions in certain call options. The fund is non-diversified.
Description from the fund data provider · profile as of Aug 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +2.31% | -6.99% | +6.31% | +2.11% | — | — | — | — | +6.52% |
| Total return | +2.31% | -4.35% | +14.05% | +12.75% | — | — | — | — | +22.79% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.68% | Annual cost of a $10,000 investment | $68.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Jul 15, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 4 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Invesco Nasdaq 100 ETF | QQQM | 99.90% | 899.22K | $266.4M |
| 2 | First American Government Obligations Fund… | — | 0.14% | 381.68K | $381.7K |
| 3 | NDXP US 07/14/26 C29760 | — | 0.00% | -89 | -$1.1K |
| 4 | Cash & Other | — | -0.04% | -110.55K | -$110.5K |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 15.49% | Paid (last 12 months) | $4.1227 |
| Frequency | Monthly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Aug 18, 2026 | Last payment | $0.3930 (Aug 19, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Aug 18, 2026 | Aug 18, 2026 | Aug 19, 2026 | $0.3930 |
| Jul 14, 2026 | Jul 14, 2026 | Jul 15, 2026 | $0.3900 |
| Jun 16, 2026 | Jun 16, 2026 | Jun 17, 2026 | $0.3950 |
| May 19, 2026 | May 19, 2026 | May 20, 2026 | $0.3820 |
| Apr 14, 2026 | Apr 14, 2026 | Apr 15, 2026 | $0.3500 |
| Mar 17, 2026 | Mar 17, 2026 | Mar 18, 2026 | $0.3540 |
| Feb 17, 2026 | Feb 17, 2026 | Feb 18, 2026 | $0.3570 |
| Jan 20, 2026 | Jan 20, 2026 | Jan 21, 2026 | $0.3760 |
| Dec 16, 2025 | Dec 16, 2025 | Dec 17, 2025 | $0.3740 |
| Nov 18, 2025 | Nov 18, 2025 | Nov 19, 2025 | $0.3702 |
| Oct 21, 2025 | Oct 21, 2025 | Oct 22, 2025 | $0.3814 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 19.67% / — | Sharpe 1Y / 3Y | 1.13 / — |
| Max drawdown 1Y / 3Y | -11.72% / — | Sortino 1Y | 1.62 |
| Beta vs S&P 500 (3Y) | 1.44 | Correlation vs S&P 500 (1Y) | 0.884 |
| Downside deviation 1Y | 13.79% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 220.25K | Average volume | 251.54K |
| AUM | $24.0M | Premium/Discount | -0.56% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $24.0M → $24.0M |
| 1 Week | $152.1K | +0.63% | $24.0M → $24.0M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for TDAQ
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.