Positive
Seeking Alpha
19 days ago
TDAQ: A New 17% Yielder Focused On Delivering Income And Capital Preservation
TappAlpha Innovation 100 Growth & Daily Income ETF offers a 17.37% yield via a 0DTE covered call strategy on QQQ, aiming for income and capital preservation. TDAQ's NAV grew 5.5% in its first three months, outperforming peers like QDTE, JEPQ, and QQQI, despite its short track record. The fund's 0DTE approach limits upside in bull markets but excels in volatile environments, with tax-efficient, return-of-capital distributions.
