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ISIN
US46138E8003
CUSIP
46138E800
Issuer
Invesco
Inception Date
Dec 8, 2009
Region
Emerging Asia Pacific (China)
Leveraged
1x (No leverage)
Index Tracked
FTSE China Incl A 25% Technology Capped Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$3B

Share Price Chart


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Performance

CQQQ Performance Chart

Invesco China Technology ETF (CQQQ) is up 5.9% since the beginning of the year. CQQQ is currently trading at $55 per share. Investors who bought $1,000 worth of CQQQ shares 5 years ago would now be looking at an investment worth $694.


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S&P 500 Index

Returns By Period

Invesco China Technology ETF (CQQQ) has returned 5.94% so far this year and 34.10% over the past 12 months. Over the last ten years, CQQQ has returned 6.15% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Invesco China Technology ETF

1D
0.02%
1M
4.40%
YTD
5.94%
6M
6.31%
1Y
34.10%
3Y*
12.46%
5Y*
-7.05%
10Y*
6.15%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CQQQ Monthly Returns History

Based on dividend-adjusted daily data since Dec 8, 2009, CQQQ's average daily return is +0.04%, while the average monthly return is +0.81%. At this rate, an investment would double in approximately 7.2 years.

Historically, 55% of months were positive and 45% were negative. The best month was Sep 2024 with a return of +28.9%, while the worst month was Sep 2011 at -22.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.

On a daily basis, CQQQ closed higher 51% of trading days. The best single day was Mar 16, 2022 with a return of +25.7%, while the worst single day was Oct 8, 2024 at -11.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20267.31%-6.68%-11.62%10.84%3.51%4.34%5.94%
20253.81%11.50%-2.79%-5.35%-3.10%8.88%5.76%14.34%10.28%-4.91%-6.22%1.00%34.96%
2024-20.47%10.74%1.23%5.02%2.85%-3.12%-1.10%-3.53%28.91%0.12%-1.77%-2.67%9.84%
202311.91%-10.54%7.23%-9.62%-9.33%3.88%10.59%-8.91%-9.39%-4.31%6.70%-2.20%-16.71%
2022-4.60%-5.74%-15.97%-8.01%7.11%9.08%-10.68%-1.22%-18.40%-12.03%28.63%5.65%-30.09%
202112.39%1.53%-13.30%1.36%-2.14%4.22%-14.26%-1.70%-7.30%3.75%-3.58%-5.59%-24.54%

Benchmark Metrics

Invesco China Technology ETF has an annualized alpha of -2.26%, beta of 0.98, and R2 of 0.30 versus S&P 500 Index. Calculated based on daily prices since December 08, 2009.

  • This ETF participated in 101.00% of S&P 500 Index downside but only 75.02% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.30 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-2.26%
Beta
0.98
0.30
Upside Capture
75.02%
Downside Capture
101.00%

Expense Ratio

CQQQ has an expense ratio of 0.70%, placing it in the medium range.


Return for Risk

Risk / Return Rank

CQQQ ranks 30 for risk / return — below 30% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


CQQQ Risk / Return Rank: 3030
Overall Rank
CQQQ Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
CQQQ Sortino Ratio Rank: 3333
Sortino Ratio Rank
CQQQ Omega Ratio Rank: 3131
Omega Ratio Rank
CQQQ Calmar Ratio Rank: 2929
Calmar Ratio Rank
CQQQ Martin Ratio Rank: 2525
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Invesco China Technology ETF (CQQQ) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


CQQQBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.91

Sortino ratioReturn per unit of downside risk

-1.06

Omega ratioGain probability vs. loss probability

1.21

1.37

-0.16

Calmar ratioReturn relative to maximum drawdown

1.40

2.78

-1.38

Martin ratioReturn relative to average drawdown

3.21

12.44

-9.23

Dividends

Dividend History

Invesco China Technology ETF provided a 2.04% dividend yield over the last twelve months, with an annual payout of $1.13 per share.


0.00%0.50%1.00%1.50%2.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.13$1.13$0.11$0.20$0.03$0.00$0.39$0.01$0.17$0.86$0.60$0.64

Dividend yield

2.04%2.17%0.28%0.55%0.08%0.00%0.47%0.01%0.43%1.41%1.69%1.77%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco China Technology ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.13$1.13
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.11$0.11
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.20$0.20
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.03$0.03
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco China Technology ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco China Technology ETF was 73.99%, occurring on Feb 2, 2024. The portfolio has not yet recovered.

The current Invesco China Technology ETF drawdown is 47.45%.


Related event

Drawdown

Fall

Recovery

Underwater

2024 bear market2024
-73.99%Feb 2024
2y 11mo
5y 4moFeb 2021 - now
2019 bear market2019
-43.04%Jan 2019
11mo 9d1y 6mo
2y 5moJan 2018 - Jul 2020
2011 bear market2011
-41.76%Oct 2011
5mo 15d1y 11mo
2y 4moApr 2011 - Sep 2013
2015 bear market2015
-38.76%Aug 2015
3mo 6d1y 8mo
1y 11moMay 2015 - Apr 2017
2014 bear market2014
-21.93%May 2014
2mo 2d10mo 29d
1y 26dMar 2014 - Apr 2015

Drawdown Indicators


CQQQBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-73.99%

-56.78%

-17.21%

Max Drawdown (1Y)

Largest decline over 1 year

-24.41%

-9.10%

-15.31%

Max Drawdown (3Y)

Largest decline over 3 years

-35.93%

-18.90%

-17.03%

Max Drawdown (5Y)

Largest decline over 5 years

-66.96%

-25.43%

-41.53%

Max Drawdown (10Y)

Largest decline over 10 years

-73.99%

-33.92%

-40.07%

Current Drawdown

Current decline from peak

-47.45%

-1.80%

-45.65%

Average Drawdown

Average peak-to-trough decline

-28.35%

-10.71%

-17.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.66%

2.03%

+8.63%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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