TSPY:NASDAQTappAlpha S&P 500 Growth & Daily Income ETF Analysis
Data as of 2026-09-11 - not real-time
$25.06
Latest Price
2/10Risk
Risk Level: Low
Executive Summary
TappAlpha SPY Growth & Daily Income ETF is priced at $25.06 and its moving averages line up in bullish order, the shorter sitting above the longer. Over a rolling month the price has gained 1.3%. Momentum indicators put RSI at 38.4 (approaching oversold) with MACD reading bearish. The recent range runs from support at $25.02 up to resistance at $26.03.
The 0.71% expense ratio is middling for its category, and the fund manages $324.7M in assets.
On a 1-10 scale the risk profile lands at 2 — low. With 30-day volatility of 11.6%, a beta of 0.93 and a maximum drawdown of 12.9%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 90 on the fear-greed composite.
The horizons line up on hold — conviction 3 out of 10.
The 0.71% expense ratio is middling for its category, and the fund manages $324.7M in assets.
On a 1-10 scale the risk profile lands at 2 — low. With 30-day volatility of 11.6%, a beta of 0.93 and a maximum drawdown of 12.9%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 90 on the fear-greed composite.
The horizons line up on hold — conviction 3 out of 10.
Top Market Events
Seeking Alpha22dTSPY: 13.8% Yield For A Slower S&P 500 RallyTappAlpha S&P 500 Growth & Daily Income ETF is rated BUY,...
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 3/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading below the 200-day average of 25.18
- MACD momentum is negative
Medium Term
1–3 yearsNeutral
Model confidence: 3/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading below the 200-day average of 25.18
- MACD momentum is negative
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- Short-term moving averages stacked above long-term ones
- 30-day volatility of 11.6%
- Beta of 0.93 versus the benchmark
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.71%
AUM$324.7M
Inception Date2024-08-14
Avg Daily Volume266,430
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield3.14%
Technical Analysis
TrendBullish
RSI38.4
Support$25.02
Resistance$26.03
MA 20$25.56
MA 50$25.48
MA 200$25.18
MACDBearish
VolumeIncreasing
Fear & Greed Index89.57
Risk Assessment
Beta0.93
Volatility11.63%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.