# TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF)

TappAlpha · Income ETFs · data as of Sep 11, 2026

Over the year to Sep 11, 2026, TDAQ paid 16.2% in cash and finished 0.9 points ahead of QQQ.

## Key facts

- TDAQ, cash paid, 1 year, on its starting price: 16.2%, as of Sep 11, 2026.
- TDAQ, total return, 1 year: +23.9%, as of Sep 11, 2026.
- TDAQ, against QQQ: +0.9 pts, as of Sep 11, 2026.
- TDAQ, latest payout, annualized: 17.5%, as of Sep 11, 2026.
- TDAQ, net assets: $248m (SEC filing, whole fund, as filed for Jun 30, 2026).
- TDAQ, expense ratio: 0.83% (485BPOS XBRL, Apr 29, 2026).

## TDAQ over each window to Sep 11, 2026

| Window | Cash paid | Price | Total return | QQQ | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 4.2% | −5.3% | −1.2% | −0.8% | −0.4 pts |
| 6 months | 9.2% | +9.4% | +19.1% | +20.7% | −1.6 pts |
| 1 year | 16.2% | +5.9% | +23.9% | +23.0% | +0.9 pts |
| Since launch | 16.5% | +7.5% | +25.8% | +24.9% | +1.0 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | option income | ETFIQ |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy (proxy) | ETFIQ |
| Pays | monthly | ETFIQ |
| Net assets | $248m | SEC filing, whole fund, as filed for Jun 30, 2026 |
| Latest payout, annualized | 17.5% | ETFIQ |
| Expense ratio | 0.83% | 485BPOS XBRL, Apr 29, 2026 |
| Cash paid, last 12 months, over today’s price | 15.3% | ETFIQ |
| Launched | Sep 4, 2025 | ETFIQ |
| Pays | monthly | ETFIQ |
| Typical gap between ex-dates | 28 days | ETFIQ |
| Typical wait from ex-date to payment | 2 days | ETFIQ |
| Last paid, per share | $0.3927 ex Aug 18, 2026 | ETFIQ |
| Sum of the last 11 distributions | $4.1237 | ETFIQ |

## Questions

### How much has TDAQ paid over the last year?

Over the year to Sep 11, 2026, TDAQ paid 16.2% of its starting price in cash distributions, while the price rose 5.9%.

### Is TDAQ ahead of QQQ?

Over the year to Sep 11, 2026, with every distribution reinvested, TDAQ returned +23.9% against +23.0% for Nasdaq-100 (QQQ), used as the innovation proxy, so a holder was ahead of it by 0.9 points.

### How often does TDAQ pay, and how much?

TDAQ pays monthly. The latest distribution annualizes to 17.5% at its price on Sep 11, 2026, which is not a promise; the next one can differ.

### When does TDAQ next pay a distribution?

TDAQ pays monthly. The last distribution went ex on Aug 18, 2026 at $0.3927 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Sep 15, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.

### What does TDAQ cost?

The prospectus expense ratio is 0.83% a year.


## Cite this page

ETFIQ, TDAQ, data as of Sep 11, 2026. https://etfiq.com/funds/tdaq
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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