TappAlpha Cuts TDAQ’s Total Expenses to 0.68% With Direct Stock Holdings

TappAlpha has reduced total annual fund operating expenses for the TappAlpha S&P 500 Growth & Daily Income ETF (TDAQ) from 0.83% to 0.68% by switching to direct stock ownership. Previously, TDAQ held its stocks through another ETF, adding 0.15% in acquired fund fees to its own expenses. Removing that underlying fund eliminates the additional cost, while TappAlpha’s 0.68% management fee remains unchanged. TDAQ retains its ticker, daily covered-call strategy and distribution schedule.