TDAQ ETF Analysis: TappAlpha Innovation 100 | BATS
Long-Short Equity | BATS, USA | Market Cap: 264m USD | 12M Return: 19.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.55M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 0.8 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 objectives through a call option overlay applied to a long position in one or more exchange-traded products tracking the NASDAQ-100® Index. This structure falls within the long-short equity category, blending direct index exposure with options-based positioning. The NASDAQ-100® Index itself tracks 100 of the largest non-financial companies listed on the Nasdaq Stock Market, making it heavily concentrated in the technology and growth sectors. Call option strategies in this type of wrapper are typically used to generate premium income or modulate upside participation relative to a straightforward index investment.
- NASDAQ-100 tech rally boosts call option premium income
- Low volatility environment enhances covered call strategy returns
- Retail demand rises for daily income yield strategies
As of July 28, 2026, the stock is trading at USD 25.92 with a total of 329,720 shares traded. Over the past week, the price has changed by -1.97%, over one month by -5.25%, over three months by +2.18% and over the past year by +19.51%.
Current recommended Stop Loss: 25.10 (which is 3.2% or 1.5 ATR below the current price).
TappAlpha Innovation 100 has no consensus analysts rating.