TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ)
TappAlpha Innovation 100 Growth & Daily Income ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Seattle, WA, US. The stock last traded at $27.44, up 0.70% on the session, giving a market capitalisation of $10.8M. Its beta of 1.44 implies it has historically moved more than the broad market.
The fund's management strives to achieve its investment objectives by employing a specific call option strategy. This strategy is built upon holding a long position in QQQ, an investment trust engineered to replicate the performance of the NASDAQ-100 Index, concurrently with establishing short positions in select call options. It is important to note that the fund maintains a non-diversified portfolio.
TappAlpha Innovation 100 Growth & Daily Income ETF is most often compared with the following Financial Services names: