TDAQ Lift ETF
CThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$24.00−0.11 (−0.46%)
- 0.98%
- $75M
- 0.1M sh
- $24.38
- low $19.45high $27.02
The ETF.net TDAX Grade
C
Score 48 out of 100
- 11 of 17
Score 48 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B69 out of 100Rank 1 of 17Mission
Whether the fund did what it promised, tested against its stated mandate.F0 out of 100Rank 14 of 14Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A85 out of 100Rank 2 of 17Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B56 out of 100Rank 9 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D35 out of 100Rank 12 of 17
Our read on TDAX
CMost leveraged funds shout 2x or 3x. TDAX sets the dial at 130% of the daily move of TappAlpha's own growth-and-daily-income ETF, so it's amplified covered-call exposure rather than a single-stock adrenaline shot.
The fund seeks daily leveraged investment results by magnifying 130% of the daily performance of the TappAlpha Innovation 100 Growth & Daily Income ETF.
Why people hold it
- The leverage dial is 1.3x daily, gentler than the 2x standard among the best-ranked funds in its cohort (GGLL, AAPU, AMDG). Less amplification per move in either direction.
- What it magnifies is an ETF, not one company: TappAlpha's Innovation 100 Growth & Daily Income fund. A broader base than the single-name leveraged crowd it sits beside.
- 0.98% expense ratio, a shade under the typical fee in its leveraged peer group, and distributions arrive monthly.
Worth knowing
- The 130% is a one-day promise. The fund resets daily, so over longer holds compounding can pull results away from 1.3x the underlying fund's stretch return, especially in choppy tape.
- Magnification works both ways: declines in the underlying ETF show up enlarged here too.
- Launched in 2026, so the track record is short and trading is moderate rather than deep. Spreads matter more than they would in a heavily traded name.
TDAX Holdings
- Stocks
- 3
- 197%
- Etf Opportunities Trust Tappalpha Innvtn Swap Cs
TDAX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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TDAX$10,131
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TDAX |
|---|---|
| Year to date | — |
| 1 month | +4.2% |
| 3 months | +1.3% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TDAX |
|---|---|---|
| 2026 YTD | +18.2% |
TDAX in the news
TDAX Dividends
- $0.09 per share
- Weekly
Distribution data unavailable.
Distribution history
TDAX Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- —
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.85
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TDAX Cost
0.98%
TDAX0.98%
- The middle half of Leveraged Single-Stock Income funds
- Median 1.00%
No Leveraged Single-Stock Income fund charges less.
Other funds in Leveraged Single-Stock Income
- CBRKWRoundhill Investments - BRKB WeeklyPay ETFExpense ratio 1.00%1 year return +2.7%
- CHOOWRoundhill Investments - HOOD WeeklyPay ETFExpense ratio 0.99%1 year return −33.0%
- CCOIWRoundhill Investments - COIN WeeklyPay ETFExpense ratio 0.99%1 year return −59.6%
- CMSTWRoundhill Investments - MSTR WeeklyPay ETFExpense ratio 1.00%1 year return −62.9%
- CUNHWRoundhill UNH WeeklyPay ETFExpense ratio 0.99%1 year return —