FTLS vs TDAQ
First Trust Long/Short Equity ETF compared with TappAlpha Innovation 100 Growth & Daily Income ETF on yield, payout growth, payment schedule, cost and risk.
FTLS
First Trust Long/Short Equity ETF
TTM yield · Quarterly
TDAQ
TappAlpha Innovation 100 Growth & Daily Income ETF
TTM yield · Monthly
Quick take
- TDAQ yields more today: 16.63% vs 1.08% (forward).
- FTLS pays every quarter; TDAQ pays every month.
- TDAQ is cheaper to own: 0.83% vs 1.38% expense ratio.
- TDAQ has the steadier distribution: consistency 96/100 vs 66/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FTLS | TDAQ |
|---|---|---|
| Share price | $76.82 | $27.04 |
| TTM yield | 0.86% | 15.24% |
| Forward yield | 1.08% | 16.63% |
| Annual payout per share | $0.828 | $4.4967 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Sep 24, 2026 (est.) | Sep 15, 2026 (est.) |
| Expense ratio | 1.38% | 0.83% |
| 1-year payout growth | -28.8% | — |
| 5-year payout CAGR | +35.1% | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 66/100 | 96/100 |
| 1-year total return | +14.5% | — |
| 1-year price return | +13.5% | — |
| Size (market cap / AUM) | 2.5B | 328.6M |
| Years paying | 12.0 | 0.9 |
| Sector / category | Long-Short Equity | Long-Short Equity |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FTLS | TDAQ | |
|---|---|---|
| Shares | 130.2 | 369.8 |
| Income per year | $108 | $1,663 |
| Income per month (avg) | $9 | $139 |
At forward yields, before taxes. Model FTLS · Model TDAQ
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FTLS Sep 24, 2026 | Oct 8, 2026 | $0.207 | Est. |
| FTLS Dec 24, 2026 | Jan 7, 2027 | $0.207 | Est. |
| FTLS Mar 25, 2027 | Apr 8, 2027 | $0.207 | Est. |
| TDAQ Sep 15, 2026 | Sep 29, 2026 | $0.3747 | Est. |
| TDAQ Oct 13, 2026 | Oct 27, 2026 | $0.3747 | Est. |
| TDAQ Nov 10, 2026 | Nov 24, 2026 | $0.3747 | Est. |
Annual payouts per share
FTLSTDAQ
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FTLS or TDAQ?
TDAQ currently has the higher trailing yield: FTLS yields 0.86% and TDAQ yields 15.24%. Yield changes daily with price, so check the live figures above.
How often do FTLS and TDAQ pay?
FTLS pays every quarter and TDAQ pays every month. FTLS's next ex-date is Sep 24, 2026 and TDAQ's is Sep 15, 2026.
Is FTLS or TDAQ better for income?
It depends on what you are optimising for. FTLS and TDAQ differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.