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TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ)

25.08 -0.99 (-3.80%)
At close: October 30 at 4:00:00 PM EDT
25.23 +0.15 (+0.60%)
After hours: October 30 at 7:50:17 PM EDT
Trade TDAQ on Coinbase

ETF Summary

The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objectives through the use of a call option strategy that combines a long position in one or more exchange-traded products that seek to track the performance of the NASDAQ-100® Index. The fund is non-diversified.

ETF Overview

Category Derivative Income
Fund Family TappAlpha
Net Assets 393.88M
YTD Daily Total Return 15.36%
Yield 16.52%
Legal Type Exchange Traded Fund

ETF Operations

Attributes TDAQ Category Average
Annual Report Expense Ratio (net)
0.68% 0.88%
Holdings Turnover
1.59% 68.08%
Total Net Assets
783,114.50 783,114.50

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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