$20.16
Price (November 6, 2026)
20.8%
12-month yield
Forward rate 25.5%
–
1-year total return
Price –
–
Earned % (1 year)
–
DT Score
14
Momentum · #405 of 473
Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Total return (payouts reinvested)Price onlySPY total return
Risk
| Sortino ratio (1Y) | -0.16 |
| Sharpe ratio (1Y) | -0.12 |
| Steadiness vs S&P 500 | 48% |
| Beta to S&P 500 | 1.83 |
| Correlation to S&P 500 | 0.91 |
| Max drop (1Y) | -18.5% |
| Max drop (up to 5 yrs) | -18.5% |
| Trend | Downtrend |
| History | 0.8 yrs |
Vs. SPY (what it's built on)
| Upside capture | 189% |
| Downside capture | 207% |
| Capture ratio | 0.92 |
| Beta | 1.83 |
| Correlation | 0.91 |
| Tracking | – |
On days SPY rose, TDAX caught 189% of the gain; on days it fell, TDAX took 207% of the loss.
Payout history
Each bar is one payout (last 36 shown). Pays Weekly.
| Ex-date | Amount |
|---|---|
| 2026-11-04 | $0.0990 |
| 2026-10-28 | $0.0990 |
| 2026-10-21 | $0.0990 |
| 2026-10-14 | $0.0870 |
| 2026-10-07 | $0.0870 |
| 2026-09-30 | $0.0870 |
| 2026-09-23 | $0.0870 |
| 2026-09-16 | $0.0870 |
| 2026-09-09 | $0.1130 |
| 2026-09-02 | $0.1130 |
| 2026-08-26 | $0.1130 |
| 2026-08-19 | $0.1130 |
Funds that track the same thing
Other Nasdaq-100 / Tech income funds, ranked by DT Score. See them all · Compare TDAX with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| QYLD Global X NASDAQ 100 Covered Call ETF | Index Covered Call / Option Income | 13.9% | 12.5% | +11.0% | 84% | 54% | 49% | Loosely | 72 | 48 | Downtrend |
| FTQI First Trust Nasdaq BuyWrite Income ETF | Index Covered Call / Option Income | 12.9% | 12.2% | +11.4% | 85% | 54% | 49% | Loosely | 70 | 42 | Downtrend |
| QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund | CEF - Equity | 10.2% | 9.2% | +13.3% | 123% | 77% | 71% | Loosely | 67 | 42 | Downtrend |
| SOXY YieldMax Target 12 Semiconductor Option Income ETF | Index Covered Call / Option Income | 14.6% | 13.9% | +32.8% | 188% | 103% | 104% | Closely | 66 | 5 | Downtrend |
| BSTZ BlackRock Science and Technology Trust II | CEF - Equity | 8.1% | 15.5% | +24.9% | 136% | 130% | 119% | Loosely | 66 | 12 | Downtrend |
| BST BlackRock Science and Technology Trust | CEF - Equity | 6.9% | 15.0% | +18.0% | 108% | 107% | 99% | Loosely | 66 | 30 | Downtrend |
| TDVI FT Vest Technology Dividend Target Income ETF | Index Covered Call / Option Income | 8.2% | 8.0% | +11.6% | 123% | 88% | 84% | Loosely | 65 | 32 | Downtrend |
| CAIQ Calamos Nasdaq Autocallable Income ETF | Autocallable / Structured Income | 19.8% | 16.5% | – | – | 65% | 66% | Closely | 60 | 28 | Downtrend |
| GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF | Index Covered Call / Option Income | 11.9% | 10.3% | +7.7% | 61% | 87% | 86% | Closely | 59 | 26 | Downtrend |
| SEMY GraniteShares YieldBOOST Semiconductor ETF | Index Covered Call / Option Income | 65.1% | 178.8% | – | – | 50% | 50% | Loosely | 54 | 15 | Downtrend |
About TDAX
| Issuer | TappAlpha |
| Structure | ETF |
| Category | Leveraged Income |
| Strategy | Equity exposure plus daily-expiry call writing on part of portfolio; LIFT versions add leverage |
| Underlying | Innovation 100 (leveraged) |
| Exposure | Nasdaq-100 / Tech |
| Index linkage | Partial - options/overlay on index |
| Pays | Weekly |
| Expense ratio | – |
| Launched | 2025 |
| Uses leverage | Yes |
| Upside capped | Partial |
| Rate sensitivity | Neutral |
| Return of capital common | Sometimes |
| Tax notes | Ordinary income and some ROC |
Research notes: Expense ratio not retrieved.
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