Dividend comparison
QDVO vs TDAQ: Which Is Better for Income?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Amplify CWP Growth & Income ETF and TappAlpha Innovation 100 Growth & Daily Income ETF, side by side. Updated October 21, 2026.
QDVO vs TDAQ: key differences
The short answer, from the latest data on this page.
- Fees. QDVO is cheaper at 0.56% a year versus 0.68% for TDAQ. On $10,000 that is $12 a year less in fees.
- Income. TDAQ pays more income, yielding 17.25% over the last twelve months versus 10.69% for QDVO. That is about $656 more a year on $10,000. Both pay monthly.
- Performance. Over the last 1 year, QDVO returned 2.1% versus 0.5% for TDAQ, with dividends reinvested. $10,000 would have grown to $10,208 in QDVO and $10,050 in TDAQ.
- Risk. Their worst declines over the last 1 year were similar: -17.7% for QDVO and -16.0% for TDAQ from peak to trough.
- Diversification. TDAQ holds 104 positions and QDVO holds 45. The ten largest positions make up 58.0% of QDVO and 143.6% of TDAQ.
- Overlap. 62% of the two portfolios overlap by weight, across 27 shared holdings.
Bottom line: QDVO fits better if you care most about lower fees. TDAQ fits better if you care most about more income today and broader diversification.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | QDVO Amplify CWP Growth & Income ETF | TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF |
|---|---|---|
| Dividend yield (TTM) | 10.69% | 17.25% |
| Dividend / share (TTM) | $3.15 | $4.50 |
| Payout frequency | Monthly | Monthly |
| Last dividend | $0.2787 on Sep 30, 2026 | $0.3825 on Oct 21, 2026 |
| Ex-dividend date | Sep 29, 2026 | Sep 15, 2026 |
| Price | $29.46 | $26.11 |
| Beta | 1.02 | 1.41 |
| Max drawdown (5Y) | -17.7% | -16.0% |
| Market cap | $767.2M | $10.3M |
| Exchange | AMEX | CBOE |
| Expense ratio | 0.56% | 0.68% |
| Assets under management | $763.0M | $452.3M |
| Number of holdings | 45 | 104 |
| Top 10 concentration | 58.0% | 143.6% |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
QDVO
$89.08/mo
$1069 /yr at 10.69% yield
TDAQ
$143.77/mo
$1725 /yr at 17.25% yield
Dividend history
Total dividends paid per share in each calendar year. QDVO pays monthly; TDAQ pays monthly.
| Year | QDVO | TDAQ |
|---|---|---|
| 2025 | $2.8784 | — |
Strategy: Options income
These funds own equities and sell call options against them, converting a share of future price appreciation into cash paid out now. How much upside is surrendered depends on the design: writing at the money on the whole portfolio pays the most and keeps the least, while writing on a partial slice or using purchased offsets keeps more of a rally. Distributions come mainly from option premium rather than from company dividends, so the headline yield is not comparable to a dividend fund's.
Payouts are variable rather than contractual, are often taxed as ordinary income, and a fund that pays out more than the strategy earns will see its net asset value drift down over time.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Sep 4, 2025 would now be worth $10,571 in QDVO and $10,754 in TDAQ.
| Period | QDVO | TDAQ |
|---|---|---|
| 1 month | -1.41% | -2.50% |
| 3 months | -0.07% | -1.21% |
| Year to date | 1.52% | 0.15% |
| 1 year | 2.08% | 0.50% |
| 3 years | — | — |
| 5 years | — | — |
- QDVO
- TDAQ
Both series indexed to 100 on 2025-09-04 using the adjusted closing price series. Past performance does not guarantee future results.
Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
- QDVO
- TDAQ
QDVO vs TDAQ holdings overlap
62% overlap by weight, with 27 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
| Largest shared holdings | QDVO weight | TDAQ weight |
|---|---|---|
| NVDANVIDIA Corp | 10.25% | 8.13% |
| AAPLApple Inc | 9.59% | 7.90% |
| MSFTMicrosoft Corp | 6.61% | 6.19% |
| AMZNAmazon.com Inc | 5.24% | 4.24% |
| MUMicron Technology Inc | 3.71% | 4.32% |
| METAMeta Platforms Inc | 3.95% | 3.32% |
| AMDAdvanced Micro Devices Inc | 3.29% | 3.75% |
| GOOGLAlphabet Inc | 8.39% | 3.15% |
| TSLATesla Inc | 3.05% | 2.93% |
| AVGOBroadcom Inc | 3.26% | 2.47% |
Top 10 holdings
Largest positions by portfolio weight.
QDVO45 holdings total
Quick verdict
QDVO fits better if you care most about lower fees. TDAQ fits better if you care most about more income today and broader diversification. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
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Frequently asked questions
Is QDVO or TDAQ better for dividend income?
It depends on your goals. QDVO currently yields 10.69% Trailing Twelve Months (TTM) while TDAQ yields 17.25%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between QDVO and TDAQ?
Amplify CWP Growth & Income ETF (QDVO) is an ETF listed on AMEX. TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) is an ETF listed on CBOE. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, QDVO or TDAQ?
QDVO has the lower expense ratio. QDVO charges 0.56% a year and TDAQ charges 0.68%, a difference of $12 a year on a $10,000 investment.
Which has performed better, QDVO or TDAQ?
Over the last 1 year, QDVO has the higher total return with dividends reinvested: QDVO returned 2.1% and TDAQ returned 0.5%. Past performance does not predict future returns.
Which is riskier, QDVO or TDAQ?
Measured by the worst peak-to-trough decline over the last five years, QDVO has been riskier: QDVO fell as much as 17.7% and TDAQ as much as 16.0%. Their betas are 1.02 and 1.41.
How much do QDVO and TDAQ overlap?
About 62% of the two portfolios overlap by weight, across 27 shared holdings. The largest shared positions are NVDA, AAPL, MSFT. Holding both still adds meaningful diversification.
How often do QDVO and TDAQ pay dividends?
Both pay monthly. The most recent payments were $0.2787 for QDVO and $0.3825 for TDAQ.
How much income does $10,000 in QDVO vs TDAQ generate?
At current TTM yields, $10,000 in QDVO would generate roughly $89.08 per month ($1069 annually). The same amount in TDAQ would produce about $143.77 per month ($1725 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both QDVO and TDAQ?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare QDVO vs TDAQ with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how QDVO and TDAQ fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.