ETF Comparison
TDAX vs XQQI: Which Is the Better Pick in 2026?
A head-to-head comparison of TDAQ LIFT ETF and NEOS Boosted Nasdaq-100 High Income ETF covering yield, cost, risk, and income potential.
Data updated April 9, 2026
Side-by-side snapshot
| TDAX | XQQI | |
|---|---|---|
| Full name | TDAQ LIFT ETF | NEOS Boosted Nasdaq-100 High Income ETF |
| Issuer | TappAlpha | NEOS |
| Price | $20.66 | $44.31 |
| Distribution yield | 24.35% | 20.62% |
| Expense ratio | 0.98% | 0.98% |
| AUM | $15M | $45M |
| Distribution frequency | Monthly | Monthly |
| Underlying index | TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF) | Nasdaq-100 Index |
| Objective | The TDAQ Lift ETF (the “Fund”) seeks daily leveraged investment results and is very different from most other exchange-traded funds. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund’s objective is to magnify (130%) the daily performance of the ETF shares of the TappAlpha Innovation 100 Growth & Daily Income ETF (NASDAQ: TDAQ) (“TDAQ”). | “The NEOS Boosted Nasdaq‑100 High Income ETF (the ‘Fund’) seeks to boost performance by generating high monthly income in a tax efficient manner with the potential for enhanced equity appreciation in rising markets.” |
| Asset class | Equity | Equity |
| Inception date | 01/07/2026 | 02/03/2026 |
| Beta | 0.0 | 0.0 |
| Last dividend | $0.10 | $0.85 |
| Ex-dividend date | 04/08/2026 | 02/04/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
TDAX (TDAQ LIFT ETF) and XQQI (NEOS Boosted Nasdaq-100 High Income ETF) are both popular monthly-pay the tdaq lift etf (the “fund”) seeks daily leveraged investment results and is very different from most other exchange-traded funds. as a result, the fund may be riskier than alternatives that do not use leverage because the fund’s objective is to magnify (130%) the daily performance of the etf shares of the tappalpha innovation 100 growth & daily income etf (nasdaq: tdaq) (“tdaq”). ETFs, but they take different approaches.
TDAX offers the higher yield at 24.35% vs 20.62% for XQQI. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
They track different benchmarks: TDAX is linked to TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF) while XQQI tracks Nasdaq-100 Index, which means their performance drivers differ.
XQQI is the larger fund by assets ($45M), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, TDAX would generate roughly $202.92/month while XQQI would produce $171.83/month at current distribution rates. Both pay monthly distributions.
Cost & efficiency
Over 10 years on $10,000, TDAX would cost approximately $980 in fees vs $980 for XQQI (simplified, not compounded). Both charge the same expense ratio.
Strategy & risk
TDAX tracks TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF) with a the tdaq lift etf (the “fund”) seeks daily leveraged investment results and is very different from most other exchange-traded funds. as a result, the fund may be riskier than alternatives that do not use leverage because the fund’s objective is to magnify (130%) the daily performance of the etf shares of the tappalpha innovation 100 growth & daily income etf (nasdaq: tdaq) (“tdaq”). approach, while XQQI tracks Nasdaq-100 Index using a “the neos boosted nasdaq‑100 high income etf (the ‘fund’) seeks to boost performance by generating high monthly income in a tax efficient manner with the potential for enhanced equity appreciation in rising markets.” strategy. Beta is 0.0 for TDAX and 0.0 for XQQI, indicating XQQI is less volatile relative to the market.
Fund details
TDAX is managed by TappAlpha (launched 01/07/2026) with $15M in assets. XQQI is managed by NEOS (launched 02/03/2026) with $45M in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is TDAX or XQQI better for dividend income?
It depends on your goals. TDAX currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between TDAX and XQQI?
TDAX (TDAQ LIFT ETF) tracks TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF) with a the tdaq lift etf (the “fund”) seeks daily leveraged investment results and is very different from most other exchange-traded funds. as a result, the fund may be riskier than alternatives that do not use leverage because the fund’s objective is to magnify (130%) the daily performance of the etf shares of the tappalpha innovation 100 growth & daily income etf (nasdaq: tdaq) (“tdaq”). strategy, while XQQI (NEOS Boosted Nasdaq-100 High Income ETF) tracks Nasdaq-100 Index with a “the neos boosted nasdaq‑100 high income etf (the ‘fund’) seeks to boost performance by generating high monthly income in a tax efficient manner with the potential for enhanced equity appreciation in rising markets.” approach. They are issued by TappAlpha and NEOS respectively.
Can I hold both TDAX and XQQI?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, TDAX or XQQI?
TDAX has an expense ratio of 0.98% while XQQI charges 0.98%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in TDAX vs XQQI generate?
At current yields, $10,000 in TDAX would generate roughly $202.92 per month ($2,435.00 annually). The same in XQQI would produce about $171.83 per month ($2,062.00 annually).
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