SPY vs TDAQ: Dividend Yield, Total Return & Fees Compared
SPDR S&P 500 ETF TrustTappAlpha Innovation 100 Growth & Daily Income ETF
Data as of the close · refreshed automatically every trading day
Performance: SPY vs TDAQ
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Oct 16, 2025 – Oct 16, 2026
DividendDuel.comSPY vs TDAQ at a glance
This page compares SPDR S&P 500 ETF Trust (SPY) with TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) using prices and distributions through October 16, 2026. The numbers update automatically after each trading session.
With dividends reinvested, TDAQ has led over the last 12 months at +18.62% versus +16.78% for SPY. TDAQ currently yields 17.20% (trailing 12-month) against 0.99% for SPY.
TDAQ leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.
| Metric | SPY | TDAQ |
|---|---|---|
| Last close | $763.25 | $26.20 |
| Dividend yield | 0.99% (TTM) | 17.20% (TTM) |
| Expense ratio | 0.09% | 0.68% |
| Pays | quarterly | monthly |
| Dividends, last 12 months | $7.58 (4 payments) | $4.51 (12 payments) |
| Issuer | SPDR | TappAlpha |
| Inception | — | — |
Overview
Key fund stats as of the latest close.
Total returns
Price change plus dividends paid, by holding period. Best in each period is outlined.
Downside and distribution variability
Income and ending returns do not describe the whole investment experience.
Across 282 shared trading dates from September 4, 2025 to October 16, 2026, the largest observed peak-to-trough decline with dividends reinvested was -8.88% for SPY and -11.71% for TDAQ. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.
SPY's recorded distributions over the 12 months ending October 16, 2026 ranged from $1.80 to $1.99 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.
TDAQ's recorded distributions over the 12 months ending October 16, 2026 ranged from $0.3502 to $0.3955 per share across 12 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.
Fund expense ratios are annual operating costs, not a bill added to the historical returns shown here. Trading spreads, brokerage costs and personal taxes can reduce an investor's realized return.
Recent distributions
The latest 12 distributions per share, newest first. Dates are reported ex-dividend dates, not cash payment dates.
| SPY | TDAQ | ||
|---|---|---|---|
| Sep 18, 2026 | $1.89 | Sep 15, 2026 | $0.3824 |
| Jun 18, 2026 | $1.90 | Aug 18, 2026 | $0.3927 |
| Mar 20, 2026 | $1.80 | Jul 14, 2026 | $0.390 |
| Dec 19, 2025 | $1.99 | Jun 16, 2026 | $0.3955 |
| Sep 19, 2025 | $1.83 | May 19, 2026 | $0.3825 |
| Jun 20, 2025 | $1.76 | Apr 14, 2026 | $0.3502 |
| Mar 21, 2025 | $1.70 | Mar 17, 2026 | $0.3537 |
| Dec 20, 2024 | $1.97 | Feb 17, 2026 | $0.3572 |
| Sep 20, 2024 | $1.75 | Jan 20, 2026 | $0.3762 |
| Jun 21, 2024 | $1.76 | Dec 16, 2025 | $0.3741 |
| Mar 15, 2024 | $1.59 | Nov 18, 2025 | $0.3702 |
| Dec 15, 2023 | $1.91 | Oct 21, 2025 | $0.3814 |
SPY vs TDAQ: common questions
Which pays a higher dividend, SPY or TDAQ?
As of October 16, 2026, SPY yields 0.99% (trailing 12-month) and TDAQ yields 17.20% (trailing 12-month), so TDAQ currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, SPY or TDAQ?
Over the past year with dividends reinvested, SPY returned +16.78% and TDAQ returned +18.62%. Past performance does not predict future results.
What would $10,000 in SPY vs TDAQ be worth after one year?
With dividends reinvested, $10,000 invested one year before October 16, 2026 would have grown to about $11,678 in SPY and $11,862 in TDAQ.
Which is cheaper to own, SPY or TDAQ?
SPY has the lower expense ratio at 0.09% a year, compared with 0.68% for TDAQ. On $10,000 that is roughly $9 vs $68 a year.
How often do SPY and TDAQ pay dividends?
SPY pays quarterly (4 payments in the last 12 months) and TDAQ pays monthly (12 payments).
Is SPY or TDAQ the better investment?
It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.
Research SPY and TDAQ beyond the yield
Review SPDR S&P 500 ETF Trust (SPY) payment history and TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) payment history before choosing assumptions for the dividend reinvestment calculator. Run each scenario separately; the calculator uses your rates rather than importing these historical returns.
For a cash target, use the income goal calculator. Read our guide to comparing dividend ETFs and data and editorial approach for context on the historical figures.
Related comparisons
More side-by-side comparisons with SPY and TDAQ.
Published by Delta Dividends LLC. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.