TDAQ TappAlpha Innovation 100 Growth

Long-Short Equity · TappAlpha

ETF 3 · Weak Momentum 5.0 · Neutral Safe

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26.43

-1.38%

About the fund

— 0.83% Assets (AUM) 247.8M Inception 2025 — — 26.31

52w 22.70 29.51

Top holdings

QQQM Invesco NASDAQ 100 ETF 99.55%
FGXXX First American Government Obligs X 0.14%

Dividend deep dive

TappAlpha Innovation 100 Growth (TDAQ) is a Long-Short Equity fund from the TappAlpha family, managing $247,794,768 in total assets. It primarily holds the Invesco NASDAQ 100 ETF (QQQM) at 99.55%, resulting in a significant sector tilt towards Technology (60.93%). Other notable sector exposures include Communication Services (13.07%) and Consumer Cyclical (10.68%). The fund's current dividend yield is not provided, but its 5-year average yield is 4.23%.

Dividend history

Distribution growth rates for 3-year and 5-year periods are not available for TappAlpha Innovation 100 Growth. The fund's distribution history is very limited, with data only provided for 2025, where it distributed $1.122 per share. TDAQ aims for monthly payments. As an exchange-traded fund, its distributions are directly derived from the income generated by its underlying holdings, predominantly the Invesco NASDAQ 100 ETF. The absence of historical data beyond 2025 means that long-term distribution trends or patterns of consistency cannot yet be observed or evaluated for investors.

Dividend safety

The expense ratio for TappAlpha Innovation 100 Growth stands at 0.83%. This cost impacts the net returns to investors. The fund's distribution consistency is challenging to assess given its limited history, with only one year of data (2025: $1.122 per share) available. While the fund has a stated monthly payment frequency, its track record is too brief to confirm a consistent payment pattern. The current dividend yield for TDAQ is not provided, preventing a direct comparison against its 5-year average yield of 4.23%. This makes it impossible to use Yield Theory to infer the fund's current valuation relative to its historical yield range.

Key risks

A relatively high expense ratio of 0.83% can detract from long-term returns.
Significant concentration with 60.93% in Technology and 99.55% in a single holding (QQQM).
Extremely limited distribution history (only 2025 data) prevents assessment of consistency.
The absence of a current dividend yield hinders current valuation analysis.

What to watch

Future distribution amounts and the establishment of a consistent payment history.
The current dividend yield once it becomes available for TDAQ.
Any changes in the fund's top holdings or sector allocation.
The growth and stability of the fund's total assets under management.

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AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.

Price history

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Dividend profile

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Held by 1 investor

Information, not financial advice.