OPP vs TDAQ

Comparison between RiverNorth/DoubleLine Strategic opportunity fund Inc (OPP, ETF) and TAPPALPHA INNOVATION 100 GROWTH & DAILY INCOME ETF (TDAQ, ETF).

OPP vs TDAQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OPP(ETF)	TDAQ(ETF)
Net Assets	$210M	$210M
Expense Ratio	N/A	0.83%
Max Drawdown	63.59%	17.22%
Sharpe Ratio	0.11	1.63
5Y Beta	0.26	1.27
5Y Dividends CAGR	-12.58%	N/A

Net Assets

Winner

OPP

$210M

TDAQ

$210M

Expense Ratio

OPP

N/A

TDAQ

0.83%

Max Drawdown

OPP

63.59%

Winner

TDAQ

17.22%

Sharpe Ratio

OPP

0.11

Winner

TDAQ

1.63

5Y Beta

Winner

OPP

0.26

TDAQ

1.27

5Y Dividends CAGR

OPP

-12.58%

TDAQ

N/A

OPP vs TDAQ - Historical Returns

Returns include dividend reinvestment.

Period	OPP	TDAQ
1 month	+0.15%	+4.15%
3 months	+2.52%	+22.47%
6 months	+3.84%	+19.36%
1 year	+4.00%	N/A
5 years(CAGR)	+0.33%	N/A
10 years(CAGR)	+3.23%	N/A
Max(CAGR)	+3.23%	+37.59%

OPP

+0.15%

Winner

TDAQ

+4.15%

OPP

+2.52%

Winner

TDAQ

+22.47%

OPP

+3.84%

Winner

TDAQ

+19.36%

OPP

+4.00%

TDAQ

N/A

5Y(CAGR)

OPP

+0.33%

TDAQ

N/A

10Y(CAGR)

OPP

+3.23%

TDAQ

N/A

Max(CAGR)

OPP

+3.23%

Winner

TDAQ

+37.59%

OPP vs TDAQ - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	OPP	TDAQ
2026	+2.40%	+18.12%
2025	+7.88%	+8.91%
2024	+16.24%	N/A
2023	+9.24%	N/A
2022	-28.69%	N/A
2021	+12.12%	N/A
2020	+1.52%	N/A
2019	+15.23%	N/A
2018	-2.02%	N/A
2017	+7.87%	N/A
2016	-6.63%	N/A

OPP vs TDAQ Drawdown Comparison

The maximum drawdown for OPP was -37.07%, occurring on Oct 26, 2023. This drawdown has not yet recovered.

The maximum drawdown for TDAQ was -11.33%, occurring on Mar 30, 2026. Recovery took 53 trading sessions.

The current OPP drawdown is -4.22%. The current TDAQ drawdown is -2.26%.

Rank	OPP	TDAQ
#1	-37.07% Aug 9, 2021 - Oct 26, 2023	-11.33% Jan 28, 2026 - Apr 15, 2026
#2	-34.93% Feb 14, 2020 - Feb 2, 2021	-8.04% Oct 29, 2025 - Jan 28, 2026
#3	-12.79% Oct 13, 2017 - Apr 2, 2019	-6.86% Jun 2, 2026 - Jun 10, 2026
#4	-8.96% Oct 3, 2016 - May 30, 2017	-3.71% Oct 8, 2025 - Oct 20, 2025
#5	-6.92% Oct 14, 2019 - Feb 10, 2020	-2.42% May 14, 2026 - May 22, 2026
#6	-4.67% Jul 14, 2021 - Jul 21, 2021	-1.37% Sep 22, 2025 - Oct 1, 2025
#7	-3.22% Jun 30, 2017 - Sep 8, 2017	-1.17% Apr 27, 2026 - Apr 30, 2026
#8	-2.68% Aug 8, 2019 - Aug 30, 2019	-1.13% May 11, 2026 - May 14, 2026
#9	-2.37% Apr 15, 2021 - Apr 27, 2021	-1.06% Oct 20, 2025 - Oct 24, 2025
#10	-1.89% Jun 14, 2021 - Jul 6, 2021	-0.47% Oct 6, 2025 - Oct 8, 2025
#11	-1.85% Mar 15, 2021 - Mar 31, 2021	-0.43% Apr 17, 2026 - Apr 22, 2026
#12	-1.78% Sep 4, 2019 - Sep 18, 2019	-0.42% Oct 2, 2025 - Oct 6, 2025
#13	-1.75% Sep 15, 2017 - Oct 4, 2017	-0.33% May 6, 2026 - May 8, 2026
#14	-1.67% Mar 3, 2021 - Mar 10, 2021	-0.29% Sep 16, 2025 - Sep 18, 2025
#15	-1.47% Sep 19, 2019 - Oct 7, 2019	-0.15% Apr 22, 2026 - Apr 24, 2026

Correlation

Correlation between OPP and TDAQ is 0.40 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.40

-101

Dividend Comparison (2016 - 2026)

OPP vs TDAQ dividend yield comparison.

Year	OPP	TDAQ
2026	7.20%	7.84%
2025	14.34%	4.32%
2024	14.43%	0.00%
2023	14.83%	0.00%
2022	20.68%	0.00%
2021	13.56%	0.00%
2020	15.26%	0.00%
2019	13.55%	0.00%
2018	11.21%	0.00%
2017	8.31%	0.00%
2016	1.21%	0.00%