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ALL
AUM
$117304000
P/E ratio
33.9
Dividend yield
5.8071%
Expense ratio
0.68%
Beta
2.232505
Previous close
$25.10
Today's open
$25.10
Day's range
$24.69 - $25.10
52 week range
$24.45 - $27.63
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Headquarters
US
Exchange
CBOE Global Markets BZX
Issue type
Other
Alternatives
Trading Tools
99.95%
1.41%
TDAQ: Tax-Efficient Double-Digit Yield From The Nasdaq-100
TappAlpha Innovation 100 Growth & Daily Income ETF offers a high estimated annualized yield of 17.7% with monthly payouts and Nasdaq-100 exposure. TDAQ employs a 0DTE covered call strategy on the Nasdaq-100 Index, balancing income generation with limited upside growth potential. The ETF has maintained consistent, tax-efficient distributions, with 100% classified as return of capital, appealing to income-focused investors.
Seeking Alpha • Feb 2, 2026

TDAQ Vs. IQQQ: How TDAQ Can Offer Superior Income And Return Potential Over IQQQ
The TappAlpha Innovation 100 Growth & Daily Income ETF offers superior income consistency, higher yield, and tax efficiency versus the ProShares Nasdaq-100 High Income ETF. TDAQ's active management enables better distribution targeting, dynamic option strategies, and more consistent payouts, with a recent annualized yield of 17.75%. TDAQ's structure allows for tax-loss harvesting and favorable 60/40 capital gains treatment, while IQQQ's swap-based approach is less tax-efficient.
Seeking Alpha • Jan 23, 2026

TappAlpha and Tuttle Capital Launch the T² Lift™ Series with TSYX and TDAX — Light-Leverage Versions of TSPY and TDAQ Designed to Offer 30% More Exposure to Growth + Income
SEATTLE, Jan. 07, 2026 (GLOBE NEWSWIRE) -- TappAlpha and Tuttle Capital Management, two innovators in ETF design, today jointly announced the launch of the T² Lift™ Series — a new line of ETFs seeking to offer light-leverage exposure to the daily income and growth strategies behind TSPY and TDAQ. The T² Lift™ Series aims to give investors 30% more exposure to the same daily growth and income strategies used in TSPY (S&P 500) and TDAQ (Nasdaq-100) — two of the fastest-growing ETFs in the market.
GlobeNewsWire • Jan 7, 2026

TDAQ: A New 17% Yielder Focused On Delivering Income And Capital Preservation
TappAlpha Innovation 100 Growth & Daily Income ETF offers a 17.37% yield via a 0DTE covered call strategy on QQQ, aiming for income and capital preservation. TDAQ's NAV grew 5.5% in its first three months, outperforming peers like QDTE, JEPQ, and QQQI, despite its short track record. The fund's 0DTE approach limits upside in bull markets but excels in volatile environments, with tax-efficient, return-of-capital distributions.
Seeking Alpha • Dec 31, 2025

¹ Disclosures

Open an M1 investment account to buy and sell TappAlpha Innovation 100 Growth & Daily Income ETF commission-free¹. Build wealth for the long term using automated trading and transfers.