DV
Dividend Vision

TDAX ETF β€” TDAQ LIFT ETF

TDAQ LIFT ETF (TDAX)

Updated October 16, 2026.

Verdict as of October 17, 2026

TDAX's distribution is rated generally safe by the Dividend Vision Distribution Safety Scoreβ„’ (66/100, medium confidence). It pays weekly and its distribution rate is 20.11%. The latest total cash payment per current share, $0.087 with an ex-date of October 14, 2026, was unchanged from the previous payment. These payments are unclassified; this does not establish a base-dividend change.

Sources: TappAlpha page for TDAX, Section 19a-1 notices, scoring methodology.

TDAX is an ETF linked to TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF). its distribution rate is 20.11%, its trailing-12-month yield is 17.29%, its expense ratio is 0.97%. Dividend Vision Distribution Safety Scoreβ„’ is 66/100 (Generally safe). Total return is 10.7% over the past 0.8 years, 0.8 points behind SPY at 11.5%.

The TDAQ Lift ETF is a leveraged equity fund that seeks to amplify the daily performance of the TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) by approximately 130%, using financial derivatives and borrowing to achieve its objective. This security appeals to sophisticated traders seeking magnified daily returns, though the leverage structure introduces substantially greater volatility and risk than unleveraged equity funds.

TDAX dividend yield and income

Price as of 2026-10-16.

The distribution rate (20.11%) uses calculation basis unavailable. Trailing-12-month yield (17.29%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.087. The ex-dividend date is 10/14/2026. The payment date is 10/15/2026.

Recorded distribution timeline (39)
Ex-dateAmountChange from previous payment
2026-10-14$0.0870.0%
Unclassified cash
2026-10-07$0.0870.0%
Unclassified cash
2026-09-30$0.0870.0%
Unclassified cash
2026-09-23$0.0870.0%
Unclassified cash
2026-09-16$0.087-23.0%
Unclassified cash
2026-09-09$0.1130.0%
Unclassified cash
2026-09-02$0.1130.0%
Unclassified cash
2026-08-26$0.1130.0%
Unclassified cash
2026-08-19$0.11325.6%
Unclassified cash
2026-08-12$0.090.0%
Unclassified cash
2026-08-05$0.090.0%
Unclassified cash
2026-07-29$0.090.0%
Unclassified cash
2026-07-22$0.090.0%
Unclassified cash
2026-07-15$0.09-22.4%
Unclassified cash
2026-07-08$0.1160.0%
Unclassified cash
2026-07-01$0.1160.0%
Unclassified cash
2026-06-24$0.1160.0%
Unclassified cash
2026-06-17$0.1164.5%
Unclassified cash
2026-06-10$0.1110.0%
Unclassified cash
2026-06-03$0.1110.0%
Unclassified cash
2026-05-27$0.1110.0%
Unclassified cash
2026-05-20$0.11140.5%
Unclassified cash
2026-05-13$0.0790.0%
Unclassified cash
2026-05-06$0.0790.0%
Unclassified cash
2026-04-29$0.0790.0%
Unclassified cash
2026-04-22$0.0790.0%
Unclassified cash
2026-04-15$0.079-21.0%
Unclassified cash
2026-04-08$0.10.0%
Unclassified cash
2026-04-01$0.10.0%
Unclassified cash
2026-03-25$0.10.0%
Unclassified cash
2026-03-18$0.1-2.0%
Unclassified cash
2026-03-11$0.1020.0%
Unclassified cash
2026-03-04$0.1020.0%
Unclassified cash
2026-02-25$0.1020.0%
Unclassified cash
2026-02-18$0.102-4.7%
Unclassified cash
2026-02-11$0.1070.0%
Unclassified cash
2026-02-04$0.1070.0%
Unclassified cash
2026-01-28$0.107-12.3%
Unclassified cash
2026-01-21$0.122β€”
2026 YTD total$3.891β€”

TDAX holdings and sector exposure

Holdings are not available for this snapshot.

TDAX performance versus SPY

Price and return data through 2026-10-16.

Total return is 10.7% over the past 0.8 years, 0.8 points behind SPY at 11.5%.

WindowTotal returnCAGR
1M-0.5%β€”
3M-1.6%β€”
6M10.3%β€”
YTD10.7%β€”
Since inception (0.8 years)10.7%β€”

TDAX key facts

Distribution Safety Scoreβ„’
66 Β· Generally safe
Safety-Adjusted Yield
13.27%
Issuer
TappAlpha
Asset type
ETF
Asset class
Equity
Inception date
01/07/2026
Expense ratio
0.97%
Distribution rate
20.11%
Distribution frequency
Weekly
Trailing yield
17.29%
Last close
$22.50 (as of 2026-10-16)
AUM
$73,468,148
Average volume
70733.0
Dividend
$0.087
Ex-dividend date
10/14/2026
Payment date
10/15/2026
Beta
1.7958

How Dividend Vision calculates yield and returns

Distribution rate (20.11%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (17.29%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology Β· Distribution rate methodology Β· Distribution Safety Score methodology

Sources and review

Primary sources: TappAlpha or company page; Index: TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TDAX risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider TDAX β€” and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on TDAX

Tagged: Leverage, Options, Nasdaq100.

Compare TDAX

TDAX vs similar funds:

Frequently asked questions

Does TDAX pay monthly?

No. TDAX currently pays weekly, not monthly.

What is TDAX linked to?

TDAX is linked to TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF), not a broad market index.

What is TDAX's expense ratio?

TDAX's expense ratio is 0.97%.

What is TDAX's dividend yield?

TDAX's distribution rate is 20.11%, paid weekly, with a 0.97% expense ratio β€” calculation basis unavailable.

When does TDAX pay a dividend?

TDAX pays weekly. The dividend amount is $0.087. The ex-dividend date is 10/14/2026. The payment date is 10/15/2026.

How has TDAX performed?

Total return is 10.7% over the past 0.8 years, 0.8 points behind SPY at 11.5%.

Is TDAX a good investment?

TDAX's Dividend Vision Distribution Safety Score is 66 (Generally safe). That is a risk signal, not investment advice. Its distribution rate is 20.11% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.