Invesco QQQ Income Advantage ETF (QQA)
This fund aims to provide exposure to the Nasdaq-100 Index while employing an active option income strategy for income generation, downside protection, and upside participation.
ETF Info
US46090A6890
46090A689
Jul 17, 2024
1x
No Index (Active)
Distributing
Large-Cap
Growth
Expense Ratio
QQA features an expense ratio of 0.29%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco QQQ Income Advantage ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
QQA
4.37%
1.81%
13.61%
N/A
N/A
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of QQA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.96% | 4.37% | |||||||||||
| 2024 | -1.92% | 0.95% | 2.45% | 0.23% | 4.69% | 0.62% | 7.11% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco QQQ Income Advantage ETF (QQA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Invesco QQQ Income Advantage ETF provided a 4.98% dividend yield over the last twelve months, with an annual payout of $2.59 per share.
| Period | TTM | 2024 |
|---|---|---|
| Dividend | $2.59 | $2.15 |
Dividend yield | 4.98% | 4.29% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco QQQ Income Advantage ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.44 | $0.00 | $0.44 | ||||||||||
| 2024 | $0.41 | $0.42 | $0.43 | $0.46 | $0.44 | $2.15 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco QQQ Income Advantage 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 QQQ Income Advantage ETF was 8.41%, occurring on Aug 5, 2024. Recovery took 32 trading sessions.
The current Invesco QQQ Income Advantage ETF drawdown is 0.29%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.41% | Jul 18, 2024 | 13 | Aug 5, 2024 | 32 | Sep 19, 2024 | 45 |
| -4.29% | Dec 18, 2024 | 17 | Jan 14, 2025 | 5 | Jan 22, 2025 | 22 |
| -2.96% | Oct 30, 2024 | 2 | Oct 31, 2024 | 4 | Nov 6, 2024 | 6 |
| -2.92% | Jan 23, 2025 | 3 | Jan 27, 2025 | 13 | Feb 13, 2025 | 16 |
| -2.24% | Nov 11, 2024 | 5 | Nov 15, 2024 | 10 | Dec 2, 2024 | 15 |
Volatility
Volatility Chart
The current Invesco QQQ Income Advantage ETF volatility is 4.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.