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Invesco QQQ Hedged Advantage ETF (QQHG) Sharpe Ratio: 3.00

ETF · Currency in USD · Last updated Jun 3, 2026

The manager seeks to achieve its investment objective by investing primarily in a portfolio of U.S. equity securities that is intended to substantially replicate the performance of the Nasdaq-100 Index and utilizing an option overlay strategy designed to partially hedge the fund's downside exposure when equity markets decline.

QQHG's Sharpe Ratio of 3.00 indicates that for each unit of volatility, it generates 3.00 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

QQHG Sharpe Ratio Rank

QQHG Sharpe Ratio Rank: 88.188
Exceptional

QQHG ranks above 88.1% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

QQHG Sharpe Ratio Market Positioning

The chart shows QQHG's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.90 or lower
  • Yellow zone (middle 50%): 0.90 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 7.84+
  • Median: 1.77 — half of all investments score higher

How it compares to other similar ETFs

The table compares Invesco QQQ Hedged Advantage ETF's Sharpe Ratio with other ETFs in the Equity Hedged category across multiple time periods, showing how QQHG's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
HECOState Street Galaxy Hedged Digital Asset Ecosystem ETF3.93
MAXJiShares Large Cap Max Buffer Jun ETF3.30
PHDGInvesco S&P 500 Downside Hedged ETF3.03
QQHGInvesco QQQ Hedged Advantage ETF3.00
HEGDSwan Hedged Equity US Large Cap ETF2.81
KSPYKraneshares Hedgeye Hedged Equity Index ETF2.71
SPYHNEOS S&P 500 Hedged Equity Income ETF2.55
TRIOMC Trio Equity Buffered ETF2.51
SNTHMRP SynthEquity ETF2.49
FHEQFidelity Hedged Equity ETF2.38

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows QQHG's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when QQHG consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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