TDAQ: A 17% Yielding Covered Call ETF Really Can Outperform QQQ, But Not In The Long Run

Editor's note: Seeking Alpha is proud to welcome Benjamin C. Barry as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. TDAQ: A 17% Yielding Covered Call ETF Really Can Outperform QQQ, But Not In The Long Run Summary - The TappAlpha Innovation 100 Growth & Daily Income ETF has posted a 24.54% total return since its inception on September 4, 2025 through August 25, 2026, beating QQQ’s total return of 24.15% by 39 basis points. - The difference spans 356 calendar days and 244 shared trading-session price records, and it occurred along a path where QQQ was up 28.17% overnight but down 3.13% during the regular session. - TDAQ paid $4.12 per share in distribution yield while the stock's price rose just 6.51%. - With risk characteristics close to QQQ, a brief track record, and an expense ratio of 0.83%, I rate TDAQ a Hold versus QQQ. This article was written by Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in QQQ over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.