Invesco QQQ Hedged Advantage ETF (QQHG) belongs to the Equity Hedged category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QQHG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QQHG
QQHG charges 0.45% annually. There are 4 ETFs in the Equity Hedged category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X S&P 500 Tail Risk ETF | 0.25% | 4.87M | Aug 2021 | QQHG vs XTR | |
| Global X S&P 500 Collar 95-110 ETF | 0.25% | 3.33M | Aug 2021 | QQHG vs XCLR | |
| Invesco S&P 500 Downside Hedged ETF | 0.39% | 74.50M | Dec 2012 | QQHG vs PHDG | |
| Simplify Hedged Equity ETF | 0.43% | 300.35M | Nov 2021 | QQHG vs HEQT | |
| T. Rowe Price Hedged Equity ETF | 0.46% | 37.48M | Mar 2025 | QQHG vs THEQ |
Best Risk-Adjusted Alternatives to QQHG
QQHG has a PortfoliosLab risk / return rank of 80. There are 5 ETFs in the Equity Hedged category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 95 | — | Jun 2024 | QQHG vs MAXJ | |
| Kraneshares Hedgeye Hedged Equity Index ETF | 90 | 118.15M | Jul 2024 | QQHG vs KSPY | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | 87 | 84.34M | Sep 2024 | QQHG vs HECO | |
| Innovator U.S. Small Cap Managed Floor ETF | 85 | 89.46M | Sep 2024 | QQHG vs RFLR | |
| MC Trio Equity Buffered ETF | 81 | — | Mar 2025 | QQHG vs TRIO |
Top Performing QQHG Alternatives (YTD)
QQHG is at 10.02% YTD. There are 4 ETFs in the Equity Hedged category with higher YTD returns, going as high as 65.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | 65.02% | 84.34M | Sep 2024 | QQHG vs HECO | |
| Innovator U.S. Small Cap Managed Floor ETF | 14.46% | 89.46M | Sep 2024 | QQHG vs RFLR | |
| Horizon NASDAQ-100 Defined Risk ETF | 12.03% | 79.22M | Jul 2025 | QQHG vs QGRD | |
| Invesco S&P 500 Downside Hedged ETF | 11.19% | 74.50M | Dec 2012 | QQHG vs PHDG | |
| MRP SynthEquity ETF | 8.77% | 147.91M | Mar 2025 | QQHG vs SNTH |
Lowest Volatility Alternatives to QQHG
QQHG has 10.40% 1-year volatility. There are 15 ETFs in the Equity Hedged category with lower 1-year volatility, going as low as 2.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 2.31% | — | Jun 2024 | QQHG vs MAXJ | |
| TrueShares Equity Hedge ETF | 5.18% | 14.52M | Jan 2026 | QQHG vs ONEH | |
| Equable Shares Hedged Equity ETF | 5.75% | 301.01M | May 2019 | QQHG vs HEDG | |
| MC Trio Equity Buffered ETF | 6.22% | — | Mar 2025 | QQHG vs TRIO | |
| Simplify Hedged Equity ETF | 6.70% | 300.35M | Nov 2021 | QQHG vs HEQT |
Lowest Drawdown Alternatives to QQHG
QQHG has a 1-year max drawdown of -6.18%. There are 9 ETFs in the Equity Hedged category with shallower 1-year drawdowns, going as shallow as -1.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | -1.70% | — | Jun 2024 | QQHG vs MAXJ | |
| Swan Hedged Equity US Large Cap ETF | -4.39% | 584.47M | Dec 2020 | QQHG vs HEGD | |
| Kraneshares Hedgeye Hedged Equity Index ETF | -4.46% | 118.15M | Jul 2024 | QQHG vs KSPY | |
| MC Trio Equity Buffered ETF | -4.47% | — | Mar 2025 | QQHG vs TRIO | |
| Simplify Hedged Equity ETF | -5.09% | 300.35M | Nov 2021 | QQHG vs HEQT |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $481B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 61 | 17.43% | 481.14B | Mar 1999 | QQHG vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 65 | 28.67% | 22.01B | Oct 2015 | QQHG vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 61 | 17.45% | 100.59B | Oct 2020 | QQHG vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 56 | 12.34% | 96.24B | Apr 2003 | QQHG vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 93 | 79.01% | 2.58B | Jun 2021 | QQHG vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 41 | 4.48% | 10.85B | May 2005 | QQHG vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 65 | 16.67% | 20.11B | Dec 2005 | QQHG vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 36 | 11.04% | 3.29B | Oct 2012 | QQHG vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 51 | 16.50% | 7.45B | Mar 2005 | QQHG vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 32 | 9.74% | 8.22B | Oct 2005 | QQHG vs PPA |
Often Compared With QQHG
Investors most often compare QQHG with SMH, SHLD, VGT. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare QQHG with Any Fund or Stock
Compare QQHG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QQHG with funds that move differently
Invesco QQQ Hedged Advantage ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QQHG.
Explore QQHG Diversifiers