TappAlpha Innovation 100 Growth & Daily… (TDAQ) Performance
TDAQ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.4% since Dec 31, 2025
- 1 year
- +15.5% total return
- Since first price
- +23.5% since 2025
TDAQ trailing returns vs SPY, QQQ, AGG
| Period | TDAQ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.8% | −6.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.7% | −2.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.4% | −1.4% | +7.8% | +8.4% | −1.5% |
| YTD | +13.4% | −1.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.5% | −2.7% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 4, 2025 | +23.5% | +2.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TDAQ vs SPY
From Sep 4, 2025: TDAQ grew to $12,348, SPY to $11,867.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TDAQ returns by calendar year
2026 is year to date.
TDAQ annual returns table
| Year | TDAQ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.4% | −11.7% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TDAQ largest drawdowns
Now 7.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 2, 2026 | −11.7% | Jul 29, 2026 | Oct 5, 2026 | 57 days | 4 months |
| Jan 28, 2026 | −11.3% | Mar 30, 2026 | Apr 15, 2026 | 2 months | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TDAQ risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +23.4% |
| Volatility (annualized) | 20.8% |
| Sharpe ratio | 0.94 |
| Sortino ratio | 2.17 |
| Best month | +14.4% |
| Worst month | −6.4% |
| Best 12 months | +23.4% |
| Worst 12 months | +23.4% |
| Positive months | 58% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TDAQ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 2 | +12.1% | +17.7% | +23.4% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
TDAQ performance overview
TappAlpha Innovation 100 Growth & Daily… (TDAQ) returned +15.5% over the past year, with distributions reinvested. Since its first recorded price on Sep 4, 2025 it has returned +23.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −11.7%, from Jun 2, 2026 to Jul 29, 2026, and it took 2 months to get back to the old high. Volatility has been 20.8% a year.
Related: TDAQ chart, TDAQ holdings, TDAQ dividends, TDAQ valuation. See the TDAQ overview for the latest quote and fund facts.
TDAQ performance FAQ
What is the TDAQ return over the past year?
TDAQ returned +15.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 2.7%.
How much would $10,000 invested in TDAQ be worth?
$10,000 invested in TDAQ at its first recorded close on September 4, 2025 would be worth about $12,348 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of TDAQ?
The largest peak-to-trough decline was −11.7% between June 2, 2026 and July 29, 2026. It recovered to the old high on October 5, 2026, 2 months after the bottom.
How volatile is TDAQ?
Over the past history TDAQ had an annualized volatility of 20.8% and a Sharpe ratio of 0.94 (excess return over 1–3 month T-bills per unit of risk).