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.
$21.25−0.52 (−2.39%)
- 0.98%
- $70M
- 61.8K sh
- low $19.45high $27.02
The ETF.net TDAX Grade
C
Score 46 out of 100
- 12 of 17
Score 46 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.F1 out of 100Rank 14 of 14Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A80 out of 100Rank 4 of 17Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C44 out of 100Rank 12 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C47 out of 100Rank 8 of 15Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D38 out of 100Rank 12 of 17
Our read on TDAX
In short
CLeverage with the volume turned down. TDAX aims for 130% of the daily move of TappAlpha's Nasdaq-100 daily-call income ETF, and it pays monthly. Fee is 0.97% net of a waiver through April 30, 2028, against 1.59% gross.
Stated mandate
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
Worth knowing
TDAX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
TDAX$9,690
Returns run to the Nov 2, 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 | −11.4% |
| 3 months | −3.1% |
| 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 | +5.4% |
TDAX in the news
TDAX Dividends
- $0.10 per share
- Weekly
Distribution data unavailable.
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.
- 1.92
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
TDAX Cost
Tied cheapest in Leveraged Single-Stock Income
$18,362
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
TDAX 0.98%
$18,362
Cost over time
Year by year
| Year | TDAX |
|---|---|
| 10 | $1,729 |
| 20 | $6,504 |
| 30 | $18,362 |
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