TDAQ vs BWZ

Comparison between TAPPALPHA INNOVATION 100 GROWTH & DAILY INCOME ETF (TDAQ, ETF) and SPDR(R) BLOOMBERG SHORT TERM INTERNATIONAL TREASURY BOND ETF (BWZ, ETF).

TDAQ vs BWZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TDAQ(ETF)	BWZ(ETF)
Net Assets	$268M	$268M
Expense Ratio	0.83%	0.35%
Max Drawdown	17.22%	38.33%
Sharpe Ratio	1.12	-0.33
5Y Beta	1.34	0.01
5Y Dividends CAGR	N/A	161.85%

Net Assets

Winner

TDAQ

$268M

BWZ

$268M

Expense Ratio

TDAQ

0.83%

Winner

BWZ

0.35%

Max Drawdown

Winner

TDAQ

17.22%

BWZ

38.33%

Sharpe Ratio

Winner

TDAQ

1.12

BWZ

-0.33

5Y Beta

TDAQ

1.34

Winner

BWZ

0.01

5Y Dividends CAGR

TDAQ

N/A

BWZ

161.85%

TDAQ vs BWZ - Historical Returns

Returns include dividend reinvestment.

Period	TDAQ	BWZ
1 month	+0.92%	+3.00%
3 months	-0.07%	+1.63%
6 months	+16.26%	-0.04%
1 year	+25.50%	+1.72%
5 years(CAGR)	N/A	-0.96%
10 years(CAGR)	N/A	-0.50%
Max(CAGR)	+26.66%	-0.09%

TDAQ

+0.92%

Winner

BWZ

+3.00%

TDAQ

-0.07%

Winner

BWZ

+1.63%

Winner

TDAQ

+16.26%

BWZ

-0.04%

Winner

TDAQ

+25.50%

BWZ

+1.72%

5Y(CAGR)

TDAQ

N/A

BWZ

-0.96%

10Y(CAGR)

TDAQ

N/A

BWZ

-0.50%

Max(CAGR)

Winner

TDAQ

+26.66%

BWZ

-0.09%

TDAQ vs BWZ - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	TDAQ	BWZ
2026	+15.36%	+1.71%
2025	+8.91%	+10.88%
2024	N/A	-4.53%
2023	N/A	+3.85%
2022	N/A	-10.17%
2021	N/A	-6.90%
2020	N/A	+6.74%
2019	N/A	+1.29%
2018	N/A	-3.82%
2017	N/A	+10.82%
2016	N/A	-1.22%
2015	N/A	-6.54%
2014	N/A	-9.36%
2013	N/A	-2.29%
2012	N/A	+2.23%
2011	N/A	-0.77%
2010	N/A	+0.98%
2009	N/A	+12.97%

TDAQ vs BWZ Drawdown Comparison

The maximum drawdown for TDAQ was -11.71%, occurring on Jul 29, 2026. This drawdown has not yet recovered.

The maximum drawdown for BWZ was -34.22%, occurring on Sep 27, 2022. This drawdown has not yet recovered.

The current TDAQ drawdown is -4.54%. The current BWZ drawdown is -20.92%.

Rank	TDAQ	BWZ
#1	-11.71% Jun 2, 2026 - Jul 29, 2026	-34.22% Aug 29, 2011 - Sep 27, 2022
#2	-11.33% Jan 28, 2026 - Apr 15, 2026	-13.70% Dec 1, 2009 - Nov 4, 2010
#3	-8.04% Oct 29, 2025 - Jan 28, 2026	-6.59% Nov 4, 2010 - Jan 26, 2011
#4	-3.71% Oct 8, 2025 - Oct 20, 2025	-5.56% Feb 9, 2009 - Mar 18, 2009
#5	-2.42% May 14, 2026 - May 22, 2026	-5.06% Jan 26, 2011 - Apr 26, 2011
#6	-1.37% Sep 22, 2025 - Oct 1, 2025	-3.58% May 2, 2011 - Jul 29, 2011
#7	-1.17% Apr 27, 2026 - Apr 30, 2026	-3.43% Jun 2, 2009 - Jul 20, 2009
#8	-1.13% May 11, 2026 - May 14, 2026	-2.51% Mar 19, 2009 - May 4, 2009
#9	-1.06% Oct 20, 2025 - Oct 24, 2025	-2.22% Oct 14, 2009 - Nov 11, 2009
#10	-0.47% Oct 6, 2025 - Oct 8, 2025	-2.20% Jul 29, 2011 - Aug 29, 2011
#11	-0.43% Apr 17, 2026 - Apr 22, 2026	-2.14% Sep 18, 2009 - Oct 14, 2009
#12	-0.42% Oct 2, 2025 - Oct 6, 2025	-1.88% Aug 4, 2009 - Aug 25, 2009
#13	-0.33% May 6, 2026 - May 8, 2026	-1.52% Feb 3, 2009 - Feb 9, 2009
#14	-0.29% Sep 16, 2025 - Sep 18, 2025	-1.10% May 22, 2009 - Jun 1, 2009
#15	-0.15% Apr 22, 2026 - Apr 24, 2026	-1.05% Nov 11, 2009 - Nov 25, 2009

Correlation

Correlation between TDAQ and BWZ is -0.01 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.01

-101

Dividend Comparison (2009 - 2026)

TDAQ vs BWZ dividend yield comparison.

Year	TDAQ	BWZ
2026	11.18%	1.21%
2025	4.32%	2.05%
2024	0.00%	2.47%
2023	0.00%	1.63%
2022	0.00%	0.44%
2021	0.00%	0.60%
2020	0.00%	0.13%
2019	0.00%	0.43%
2018	0.00%	1.10%
2017	0.00%	0.40%
2016	0.00%	0.13%
2015	0.00%	0.06%
2014	0.00%	0.19%
2013	0.00%	0.09%
2012	0.00%	0.01%
2011	0.00%	3.53%
2010	0.00%	0.19%
2009	0.00%	1.61%