TDAQ vs OPP

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

TDAQ vs OPP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

TDAQ

$210M

Winner

OPP

$210M

Expense Ratio

TDAQ

0.83%

OPP

N/A

Max Drawdown

Winner

TDAQ

17.22%

OPP

63.59%

Sharpe Ratio

Winner

TDAQ

1.63

OPP

0.11

5Y Beta

TDAQ

1.27

Winner

OPP

0.26

5Y Dividends CAGR

TDAQ

N/A

OPP

-12.58%

TDAQ vs OPP - Historical Returns

Returns include dividend reinvestment.

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

Winner

TDAQ

+4.15%

OPP

+0.15%

Winner

TDAQ

+22.47%

OPP

+2.52%

Winner

TDAQ

+19.36%

OPP

+3.84%

TDAQ

N/A

OPP

+4.00%

5Y(CAGR)

TDAQ

N/A

OPP

+0.33%

10Y(CAGR)

TDAQ

N/A

OPP

+3.23%

Max(CAGR)

Winner

TDAQ

+37.59%

OPP

+3.23%

TDAQ vs OPP - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

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

TDAQ vs OPP Drawdown Comparison

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

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

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

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

Correlation

Correlation between TDAQ and OPP 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)

TDAQ vs OPP dividend yield comparison.

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