TDAQTappAlpha Innovation 100 Growth & Daily Income ETF
Seeks current income while maintaining prospects for capital appreciation.
By TappAlpha · Launched 2025
Annual Cost
0.83%
#4,573 of 6,040 · expensive
Fund Size
$329M
#1,999 of 6,040 · large
Return (1Y)
+22.9%
Track Record
1 year
#4,609 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$12,322+23.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 2 holdings = 99.4% of fundconcentrated
Invesco QQQ Trust Series 1
99.2%
First American Government Obli
0.2%
Asset allocation
Stocks
99.6%
Other
0.7%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
19.4%Moderate
Year-on-year price swings
Max drawdown
-11.7%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks current income while maintaining prospects for capital appreciation.
- Strategy
- Actively managed ETF that employs a call option strategy to generate income while providing exposure to the NASDAQ-100 Index. Invests primarily in daily covered call options on ETFs like QQQ and QQQM, aiming for capital appreciation and current income through option premiums.
- Inception date
- September 3, 2025
- Fund family
- TappAlpha
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Data updated on 2026-09-18