TDAQ

TappAlpha Innovation 100 Growth & Daily Income ETF

$26.29
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The TappAlpha Innovation 100 Growth & Daily Income ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the TappAlpha Innovation 100 Index, which is designed to track the performance of 100 innovative growth companies.

Overview

ETF tracking TappAlpha Innovation 100 Growth & Daily Income ETF

Category Growth
Issuer Other
Inception Date 2025-09-04
Market Cap $6.6M
Average Volume N/A
Dividend Yield 1.45%
52-Week Range $24.99 - $27.47
VWAP $26.27

Performance

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Investment Summary

📎 Investment Objective

The TappAlpha Innovation 100 Growth & Daily Income ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the TappAlpha Innovation 100 Index, which is designed to track the performance of 100 innovative growth companies.

🎯 Investment Strategy

The ETF uses a passive indexing approach, investing in the same securities that make up the underlying index in roughly the same proportions. The index is composed of 100 stocks selected for their potential for high growth and innovation.

✨ Key Features

  • Provides exposure to a diversified portfolio of innovative growth companies
  • Seeks to track the performance of the TappAlpha Innovation 100 Index
  • Passively managed to minimize costs and fees
  • Potential for capital appreciation through investment in growth stocks

⚠️ Primary Risks

  • Equity market risk: The value of the ETF's holdings may decline due to general market and economic conditions
  • Growth stock risk: Growth stocks may be more volatile and susceptible to rapid price swings
  • Concentration risk: The ETF's performance may be more volatile due to its focus on a specific sector or industry
  • Passive investment risk: The ETF may not achieve the same level of performance as the underlying index due to fund expenses and other factors

👤 Best For

This ETF may be suitable for investors seeking long-term capital appreciation through exposure to a portfolio of innovative growth companies. Investors should have a higher risk tolerance and a longer investment horizon to accommodate the potentially higher volatility associated with growth stocks.