TDAX

TDAQ Lift ETF

weekly Dividends
Other

Annual Yield Calculations

Current Price
$23.78
Annual Non-DRIP Yield
19.69%
Dividend-only, annualized
Annual DRIP Yield
21.71%
With dividend reinvestment

WeeklyYield™ Actual Performance

Weekly Average
$0.11
Last 3 payouts
Actual Non-DRIP
8.63%
NAV + dividends
Actual DRIP
9.04%
NAV + reinvested dividends

How YTD & performance are calculated: YTD returns shown across WeeklyYield are price-only, using split-adjusted close-to-close prices from the first trading day of the calendar year to the latest close — the same method your brokerage uses. Dividends are tracked separately in the yield figures above. "Actual Non-DRIP" and "Actual DRIP" add distributions back in to show total return since the earliest price we have on record for this ETF. See full methodology →

Top Performer Score

54
out of 100
Total Score
NAV Protection
40/40
Stability
15/20
Yield
5/40
Current yield: 19.69%

Fund quality adjustment: ×0.90. Score is reduced for small AUM ($43.0M), young inception (2026-01-07), expense ratio 0.98%. Raw score before adjustment: 60.

Price History (1 Year)

2026-01-08 → 2026-07-17
+0.21%
$19.72$23.27$26.82

About This ETF

Assets Under Management
$43.0M
Expense Ratio
0.98%
Inception Date
2026-01-07

The TDAQ Lift ETF (TDAX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF designed to deliver 130% of the daily performance of TDAQ through the use of swaps and, at times, call options. The fund resets its exposure daily and does not seek to achieve its objective over periods longer than one trading day TDAX was launched on Jan 7, 2026 and is issued by TappAlpha.

Dividend History

Ex-Dividend DateCash AmountPay Date
2026-07-15$0.090042026-07-16
2026-07-08$0.116382026-07-09
2026-07-01$0.116382026-07-02
2026-06-24$0.116382026-06-25
2026-06-17$0.116382026-06-18
2026-06-10$0.111272026-06-11
2026-06-03$0.111272026-06-04
2026-05-27$0.111272026-05-28
2026-05-20$0.111272026-05-21
2026-05-13$0.079012026-05-14
2026-05-06$0.079012026-05-07
2026-04-29$0.079012026-04-30

TDAX News

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Frequently Asked Questions About TDAX

When does TDAX pay dividends?

TDAX pays weekly dividends. Its most recent ex-dividend date was 2026-07-15 with a pay date of 2026-07-16.

How much does TDAX pay per share?

TDAX has paid an average of $0.1076 per share across its most recent 3 distributions. Its latest distribution was $0.0900 per share.

What is the dividend yield of TDAX?

TDAX's current annualized yield is 19.69%. This is calculated as the average weekly payout multiplied by 52 and divided by the current share price of $23.78.

Is TDAX's high yield sustainable?

Covered call and option-income ETF distributions vary week to week. TDAX's actual total return figures on the fund's WeeklyYield page show total return net of NAV changes; high distribution rates can coincide with NAV decline, so investors should compare yield to actual total return before drawing conclusions. This is educational information, not investment advice.

How are TDAX distributions taxed?

Option-income ETF distributions are generally treated as ordinary income or return of capital, depending on the fund's structure and the underlying options strategy. For TDAX's exact tax character, refer to the fund issuer's 19a-1 notices and year-end 1099-DIV. This is not tax advice.

More detail on how these numbers are calculated is on our methodology page.