TDAQ ETF Analysis: TappAlpha Innovation 100 | BATS
Unclassified | BATS, USA | Market Cap: 473m USD | 12M Return: 8.1% | US26923N5462 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 21.3M
Warnings
Tailwinds
No distinct edge detected
Seasonality 1.1 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
TDAQ is an actively managed, non-diversified ETF that pursues its investment objective by holding long positions in one or more ETFs tracking the NASDAQ-100 Index and overlaying a call option strategy designed to generate daily income. The options overlay is intended to produce short-term yield, while the underlying NASDAQ-100 exposure provides the funds primary equity beta. As an actively managed long-short equity ETF listed on BATS since September 2025, TDAQ is a relatively new and smaller fund, with assets under management of approximately $386 million. The funds structure places it within the broader defined-outcome and income-oriented ETF segment, which has grown as investors seek alternatives to traditional long-only equity exposure.
- NASDAQ-100 performance drives underlying long position returns
- Options premium income rises with elevated implied volatility
- AUM growth expands fee revenue and distribution reach
As of November 03, 2026, the stock is trading at USD 24.87 with a total of 938,542 shares traded. Over the past week, the price has changed by -4.24%, over one month by -8.70%, over three months by -2.59% and over the past year by +8.09%.
Current recommended Stop Loss: 24.20 (which is 2.7% or 1.4 ATR below the current price).
TappAlpha Innovation 100 has no consensus analysts rating.