Summary
TDAQ
Prices · period metrics · 12M
NAV as of 20/07/2026
04/09/2025 → 24/06/2026
Return 21.95% Volatility 18.62% Sharpe 1.43
Official loaded data — not a live quote.

TAPPALPHA INNOVATION 100 GROWTH & DAILY INCOME ETF

Symbol: TDAQ

Exchange: BATS

Sector: Technology

Category: Long-Short Equity

Inception date: 03/09/2025

Latest date: 20/07/2026

Current price: $26.44

Expense ratio: 0.83%

Assets under management
$247.8M
-0.79% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-5.23%

Ann. 246.99% (Sharpe / Sortino numerator)

Volatility

16.11%

Sharpe ratio

15.105

VaR 95%

-1.18%

CVaR 95%: -1.39%
Max drawdown: -2.42%
Sortino ratio: 27.392
Calmar ratio: 101.93

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

7.32%

Ann. 102.93% (Sharpe / Sortino numerator)

Volatility

18.28%

Sharpe ratio

5.434

VaR 95%

-1.60%

CVaR 95%: -1.89%
Max drawdown: -8.77%
Sortino ratio: 9.599
Calmar ratio: 11.73

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

13.39%

Ann. 40.93% (Sharpe / Sortino numerator)

Volatility

17.07%

Sharpe ratio

2.186

VaR 95%

-1.68%

CVaR 95%: -2.11%
Max drawdown: -11.31%
Sortino ratio: 3.441
Calmar ratio: 3.62

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

21.95%

Ann. 30.22% (Sharpe / Sortino numerator)

Volatility

18.62%

Sharpe ratio

1.432

VaR 95%

-2.04%

CVaR 95%: -2.64%
Max drawdown: -11.31%
Sortino ratio: 1.920
Calmar ratio: 2.67

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 04/09/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.098%

Best day

3.474%

31/03/2026
Worst day

-4.491%

05/06/2026
Days with data

218

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $26.65 $26.88 $26.41 $26.44 191,200
17/07/2026 $26.44 $26.74 $26.08 $26.43 265,300
16/07/2026 $27.23 $27.24 $26.76 $26.80 329,800
15/07/2026 $27.50 $27.67 $27.06 $27.28 313,100
14/07/2026 $27.40 $27.47 $27.20 $27.35 274,200
13/07/2026 $27.94 $27.94 $27.41 $27.48 441,800
10/07/2026 $27.90 $28.05 $27.63 $27.93 263,900
09/07/2026 $27.61 $27.95 $27.55 $27.92 337,600
08/07/2026 $27.28 $27.44 $27.06 $27.43 149,000
07/07/2026 $27.65 $27.65 $27.19 $27.33 307,500