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: 104. The ten largest make up 47% of the fund.
- Yearly costs
- 0.68%
- Fund size
- $452.3M
- Positions
- 104
- Dividend yield
- 5.87%
- Running since
- 2025
What speaks for it
- Easy to buy and sell: about $11.0M changes hands a day.
What to watch
- 60% of the fund is in one sector (Technology).
- 95% 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
- -2.2%
- 3 months
- -0.9%
- This year
- +0.5%
- 1 year
- -0.5%
- Avg. market cap
- $2.09T
- P/E
- 29.2x
- Forward P/E
- 27.5x
- P/S
- 6.6x
- P/B
- 10.3x
- P/FCF
- 38.6x
- EV/EBITDA
- 21.0x
- Dividend yield
- 0.54%
- ROIC
- 26.8%
- ROE
- 56.3%
- Gross margin
- 59.3%
- Operating margin
- 32.7%
- Net margin
- 31.0%
- Payout ratio
- 15.6%
- Net debt/EBITDA
- 0.8x
- Beta
- 1.41
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 NVNvidia NVDA 8.1%
- 2 AAApple AAPL 7.9%
- 3 MSMicrosoft MSFT 6.2%
- 4 MUMicron MU 4.3%
- 5 AMAmazon AMZN 4.2%
- 6 AMAMD AMD 3.8%
- 7 MEMeta META 3.3%
- 8 GOAlphabet GOOGL 3.2%
- 9 GOAlphabet GOOG 2.9%
- 10 TSTesla TSLA 2.9%
Positions in the fund: 104. The ten largest make up 47% of it.
Composition as of Oct 19, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 60%
- Communication services 13%
- Consumer cyclical 10%
- Consumer defensive 5.7%
- Industrials 5.1%
- Other 6.4%
By country
- United States 95%
- United Kingdom 1.6%
- Netherlands 1.3%
- Canada 1.1%
- Other countries 1.1%
By company size
- Mega cap 75%
- Large cap 25%
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 (60%). Largest country: United States (95%). Largest size group: Mega cap (75%).
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
- -0.5%
- Deepest drop
- -17%
- Yearly volatility
- 20%
Decline over the last year: 0.5%. Deepest drop in these years: 17% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 5.87%
- Last payment
- $0.38
Over the last 12 months it paid $1.56 per share, which is 5.87% of today's price. The last payment was $0.38 on Sep 15, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $11.0M
- Shares a day
- 413K
On an average day about $11.0M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 29.2
- Average Bulios Score
- 70 out of 100
Weight by Bulios Fair Price
- Undervalued 10%
- Fairly valued 7.1%
- Overvalued 83%
On average the companies inside trade for 29.2 times their yearly profit. By Fair Price, 83% 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% | $1.23B | +9.8% | Pays out | 99% |
QQ QQWZ Pacer Funds Trust - Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF | United States | 0.49% | $40.3M | +6.9% | - | 99% |
QQ QQQM Invesco NASDAQ 100 ETF | United States | 0.15% | $78.9B | +18% | Pays out | 99% |
QQ QQQ Invesco QQQ Trust | United States | 0.18% | $479.0B | +18% | Pays out | 99% |
QB QB ProShares - Nasdaq-100 Dynamic Buffer ETF | United States | 0.58% | $2.92M | +18% | Pays out | 99% |
SX SXRV.DE iShares NASDAQ 100 UCITS ETF USD (Acc) | Ireland | 0.30% | $28.8B | +25% | Reinvests | 99% |
