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One Year, $330 Million: TappAlpha's TDAQ Triples a Threshold Nearly 90% of Active ETFs Never Reach
Globe Newswire (Tue, 15-Sep 7:30 AM ET)
The TappAlpha Innovation 100 Growth & Daily Income ETF (the "Fund") seeks current income while maintaining prospects for capital appreciation. The Fund's secondary investment objective is to seek exposure to the performance of the Invesco QQQ Trust, Series 1 ("QQQ"), subject to a limit on potential investment gains. The Fund is Designed to capture the growth potential of the QQQ with an optimized daily covered call (ODTE) strategy. The fintech-powered ETF designed to capture technology industry performance & daily potential income generation. Fintech-powered refers to the use of advanced financial technologies to enhance, enable, and deliver our financial products and services. Tech-enabled services and businesses use technology to improve efficiency and innovation. They can include a combination of human expertise and technology to streamline processes, increase accuracy, and provide new insights.
Tappalpha Innovation 100 Growth & Daily Income ETF trades on the BATS stock market under the symbol TDAQ.
As of October 15, 2026, TDAQ stock price declined to $26.77 with 939,237 million shares trading.
TDAQ has a beta of 1.29, meaning it tends to be more sensitive to market movements. TDAQ has a correlation of 0.84 to the broad based SPY ETF.
TDAQ has a market cap of $442.51 million. This is considered a Small Cap stock.
TDAQ has outperformed the market in the last year with a return of +19.8%, while the SPY ETF gained +17.6%. However, in the most recent history, TDAQ shares have underperformed the stock market with its stock returning +0.7% in the last 3 month period and -1.7% for the last 2 week period, while SPY has returned +2.8% and +1.1%, respectively.
TDAQ support price is $26.59 and resistance is $27.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TDAQ shares will trade within this expected range on the day.
