TDAQ ETF — Holdings & Analysis

TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ), managed by TappAlpha, is a equity ETF. 0.68% expense ratio, $24M AUM, 2 holdings, inception 2025.

TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) ETF — Price, Holdings & Analysis

TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ), managed by TappAlpha, is a equity ETF. 0.68% expense ratio, $24M AUM, 2 holdings, inception 2025.

ETF Overview

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. TappAlpha Innovation 100 Growth & Daily Income ETF provides exposure to the equity market. The portfolio is concentrated with 2 holdings. It is heavily weighted toward Technology (50.0%), reflecting a sector-tilted strategy.

Risk Metrics

TappAlpha Innovation 100 Growth & Daily Income ETF holds only 2 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. A beta of 0.00 indicates lower volatility relative to the broader market. The 0.68% expense ratio is above average and will reduce net returns over time. With $24M in assets, the fund may face liquidity constraints and wider bid-ask spreads.

Expense Ratio

0.68%

What does TDAQ hold?

Holding	Weight
Invesco QQQ Trust (QQQ)	99.63%
First American Government Obligs X (FGXXX)	0.05%

How Is the Fund Allocated?

Sector	Weight
Technology	50.0%
Communication Services	16.4%
Consumer Cyclical	12.5%
Consumer Defensive	8.6%
Healthcare	5.3%
Industrials	3.4%
Utilities	1.6%
Basic Materials	1.3%
Energy	0.6%
Financial Services	0.2%
Real Estate	0.1%
Cash & Others	0.0%

Country	Weight
United States	99.7%
Other	0.3%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ)?

positio It holds 2 securities. With $24M in assets under management, it is a funds in its category.

What is the expense ratio for TDAQ?

TappAlpha Innovation 100 Growth & Daily Income ETF has an expense ratio of 0.68%, which is considered higher than average for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $68.

Lower expense ratios generally lead to better long-term returns, all else being equal.

What sectors does TDAQ invest in?

TappAlpha Innovation 100 Growth & Daily Income ETF allocates across 12 sectors. The largest sector exposures are Technology (50.0%), Communication Services (16.4%), Consumer Cyclical (12.5%). The fund is heavily concentrated in Technology.

How long has TDAQ been around?

TappAlpha Innovation 100 Growth & Daily Income ETF was launched in 2025, making it 1 years old. It is a relatively newer fund with a shorter track record. It is managed by TappAlpha.

What is the current NAV of TDAQ?

TappAlpha Innovation 100 Growth & Daily Income ETF has a net asset value (NAV) of approximately $26.97 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities.

Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.