TappAlpha's TDAQ ETF Reaches $330 Million in First Year

SEATTLE, Sept. 15, 2026 /CourierPR/ -- TappAlpha, a financial services firm, has achieved a significant milestone with its TappAlpha Innovation 100 Growth & Daily Income ETF (Cboe: TDAQ), which reached $330 million in assets under management within its first year of trading. This accomplishment places TDAQ among a select group of actively managed ETFs that have successfully scaled to meaningful levels early on.

According to Broadridge Financial Solutions, only 11% of actively managed ETFs reach $100 million in their first year, a threshold that TDAQ surpassed by a substantial margin. The firm attributes this rapid growth to the increasing interest in an investment approach called Growth + Income, which combines long-term growth with the generation of meaningful income.

TDAQ, which seeks to combine exposure to the Nasdaq-100 with an actively managed daily covered call strategy, has demonstrated its potential by reaching $333 million in net assets in its first year. This is a significant increase from the initial $240,000 in assets at launch. The fund has also delivered a 26.61% total return at market price and a 17.26% average annualized distribution rate, along with an 8.7% growth in net asset value per share.

Si Katara, Founder and CEO of TappAlpha, commented, "Investors have spent generations being told that they have to choose either growth or income when they invest. We never accepted that. We don’t believe investors should have to choose. Capital can stay invested in the equity markets, generate meaningful income, and allow investors to access that income tax-efficiently."

TappAlpha has grown to approximately $750 million in assets across five ETFs, just over two years after launching its first fund. TSPY, the firm's first ETF, crossed $300 million in June 2026, 22 months after its August 2024 launch. TDAQ reached the same level in roughly half the time, highlighting the firm's ability to scale quickly.

The fund's success is part of a broader trend in the ETF market, where more than 1,100 new ETFs came to market in the United States in 2025, with approximately $54 billion in net new assets attracted to the derivative income category. TappAlpha believes this growth reflects the increasing interest in combining growth and income in investment strategies.

TappAlpha's approach to ETFs is centered on the belief that your money should work for today without giving up on tomorrow. The firm is building the Growth + Income Investing category through ETFs that start with the markets investors already want to own and are designed to add tax-efficient cash flow. Every TappAlpha strategy is built and managed on the TappAlpha Engine, a proprietary technology platform that applies a single, continuously refined investment process across its entire fund lineup.

The firm's success with TDAQ and TSPY demonstrates the potential of the Growth + Income strategy and the increasing demand for such investment approaches. As TappAlpha continues to grow, it remains focused on delivering solutions designed for modern portfolios, where income and growth are no longer mutually exclusive.