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Data as of .

HEMI vs TDAQ: which paid, and which earned it?

HEMI and TDAQ both write options for income.

Hartford Equity Premium Income ETF and TappAlpha Innovation 100 Growth & Daily Income ETF.

6.0%HEMI cash paid, 1 year
17.4%TDAQ cash paid, 1 year
+11.2%HEMI total return, 1 year
+22.8%TDAQ total return, 1 year
HEMI3.4 pts behind SPY · since launch to Sep 18, 2026
SPY+14.7%HEMI+11.2%6.0% as cash3.4 pts behind SPYTotal return, distributions reinvestedSPY+14.7%HEMI+11.2%3.4 pts behind SPY
TDAQ1 pt ahead of QQQ · 1 year to Sep 18, 2026
QQQ+21.8%TDAQ+22.8%17.4% of it arrived as cash1 pt ahead of QQQTotal return, distributions reinvestedQQQ+21.8%TDAQ+22.8%17.4% as cash1 pt ahead of QQQ

What they hold in common

By the books each fund has filed, HEMI and TDAQ hold 0% of their money in the same securities at the same weight.

Only in each
Only in HEMIOnly in TDAQ
NVIDIA Corp 9.11%Invesco Nasdaq 100 ETF 100.00%
Alphabet Inc 7.69%
Apple Inc 5.86%
Amazon.com Inc 5.73%
Microsoft Corp 5.72%
Broadcom Inc 4.02%
Meta Platforms Inc 2.66%
JPMorgan Chase & Co 2.42%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.

Performance, window by window

HEMI and TDAQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
HEMITDAQHEMITDAQHEMITDAQ
3 months+0.8%−1.0%2.2%4.1%−1.5 pts+1.5 pts
6 months+13.6%+22.7%4.9%9.7%−4.5 pts−1.6 pts
1 yearnot published+22.8%not published17.4%not published+1.0 pts
Since launch+11.2%+27.2%6.0%18.0%−3.4 pts+1.2 pts
Open the live comparison on ETFIQ
HEMI and TDAQ on the same fields, as of Sep 18, 2026. Source: ETFIQ.
HEMI
Hartford Equity Premium Income ETF
Covered call on SPY, paying monthly
TDAQ
TappAlpha Innovation 100 Growth & Daily Income ETF
Option income on QQQ, paying monthly
IssuerHartfordTappAlpha
Strategycovered calloption income
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ), used as the innovation proxy
Paysmonthlymonthly
Payout rate, annualized9.1%17.1%
Expense ratio0.49%0.83%
Cash paid, 1 year6.0% (since launch on Dec 17, 2025)17.4%
Price change, 1 year+4.9%+3.4%
Total return, 1 year+11.2% (since launch on Dec 17, 2025)+22.8%
Benchmark return, 1 year+14.7%+21.8%
Ahead or behind−3.4 pts+1.0 pts
Return of capital, latest estimatenot publishednot published
Age275 days379 days
Net assets$33m$248m

HEMI in plain words

Over the period since launch on Dec 17, 2025 to Sep 18, 2026, HEMI paid 6.0% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.2%. S&P 500 (SPY) returned +14.7% over the same days, so a holder was behind by 3.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.1%, paid monthly.

TDAQ in plain words

Over the year to Sep 18, 2026, TDAQ paid 17.4% of its starting value in cash distributions while its price rose 3.4%. With every distribution reinvested, the fund returned +22.8%. Nasdaq-100 (QQQ), used as the innovation proxy returned +21.8% over the same days, so a holder was ahead by 1.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 17.1%, paid monthly.

Questions people ask

Which is cheaper, HEMI or TDAQ?
HEMI charges 0.49% a year and TDAQ charges 0.83%, so HEMI is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

HEMI against TDAQ, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, HEMI against TDAQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/hemi-vs-tdaq Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources