Summary
TappAlpha Innovation 100 Growth & Daily Income ETF is an ETF - a fund traded on an exchange like a stock - run by TappAlpha. Positions inside: 105. The ten largest make up 47% of the fund.
- Yearly costs
- 0.68%
- Fund size
- $472.8M
- Positions
- 105
- Dividend yield
- 8.12%
- Running since
- 2025
What speaks for it
- Easy to buy and sell: about $11.5M changes hands a day.
What to watch
- 58% of the fund is in one sector (Technology).
- 97% of the fund is in one country (United States).
- Costs of 0.68% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2025.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -13%
- 3 months
- -13%
- This year
- -8.4%
- 1 year
- -9.3%
- Avg. market cap
- $1.96T
- P/E
- 25.1x
- Forward P/E
- 24.6x
- P/S
- 6.0x
- P/B
- 8.6x
- P/FCF
- 35.6x
- EV/EBITDA
- 18.4x
- Dividend yield
- 0.59%
- ROIC
- 28.1%
- ROE
- 53.5%
- Gross margin
- 57.7%
- Operating margin
- 31.7%
- Net margin
- 29.7%
- Payout ratio
- 14.8%
- Net debt/EBITDA
- 0.2x
- Beta
- 1.47
Weighted average of the 50 largest companies, which make up 87% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 AAApple AAPL 8.5%
- 2 NVNvidia NVDA 7.7%
- 3 MSMicrosoft MSFT 6.7%
- 4 AMAmazon AMZN 4.8%
- 5 MUMicron MU 3.7%
- 6 AMAMD AMD 3.5%
- 7 TSTesla TSLA 3.2%
- 8 MEMeta META 3.1%
- 9 WMWalmart WMT 2.9%
- 10 GOAlphabet GOOGL 2.9%
Positions in the fund: 105. The ten largest make up 47% of it.
Composition as of Nov 7, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 58%
- Communication services 12%
- Consumer cyclical 11%
- Consumer defensive 6.6%
- Industrials 5.5%
- Other 7.4%
By country
- United States 97%
- Canada 1.1%
- Netherlands 0.9%
- Brazil 0.4%
- Other countries 0.4%
By company size
- Mega cap 73%
- Large cap 27%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (58%). Largest country: United States (97%). Largest size group: Mega cap (73%).
What does it cost me?
Expensive- A year from $10,000
- $68.00
- Over 20 years
- $3,233
From every $10,000 invested the fund takes $68.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,233.
How has it done?
Losing value- Over the last year
- -9.3%
- Deepest drop
- -20%
- Yearly volatility
- 22%
Decline over the last year: 9.3%. Deepest drop in these years: 20% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 8.12%
- Last payment
- $0.38
Over the last 12 months it paid $1.94 per share, which is 8.12% of today's price. The last payment was $0.38 on Oct 20, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $11.5M
- Shares a day
- 479K
On an average day about $11.5M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 25.1
- Average Bulios Score
- 72 out of 100
Weight by Bulios Fair Price
- Undervalued 9.8%
- Fairly valued 1.7%
- Overvalued 88%
On average the companies inside trade for 25.1 times their yearly profit. By Fair Price, 88% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 87% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
PT PTNQ Pacer Trendpilot 100 ETF | United States | 0.65% | $1.12B | +0.6% | Pays out | 100% |
QB QB ProShares - Nasdaq-100 Dynamic Buffer ETF | United States | 0.58% | $2.72M | +8.0% | Pays out | 100% |
ND NDQ.AX BetaShares NASDAQ 100 ETF | Australia | 0.48% | $7.14B | -1.0% | Pays out | 98% |
QY QYLG Global X Nasdaq 100 Covered Call & Growth ETF | United States | 0.35% | $176.7M | -7.7% | Pays out | 98% |
QY QYLD Global X NASDAQ 100 Covered Call ETF | United States | 0.60% | $7.85B | -1.4% | Pays out | 98% |
QN QNDX State Street SPDR Portfolio Nasdaq 100 ETF | United States | 0.10% | $37.8M | - | Pays out | 98% |
