QQA
Invesco QQQ Income Advantage ETF
QQA provides exposure to the Nasdaq-100 Index combined with an active option income overlay for income generation, downside protection and upside participation.
US
EQUITY
Active
MANAGEMENT STYLE
121.3 M
ASSETS UNDER MGMT
0 bp
EXPENSES
Fund Basics
| Fund sponsor | Invesco |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jul 15, 2024 |
| Assets (mns) | $121 |
| Expense ratio | 0 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Derivatives-based | Yes |
| Options available | No |
| Currency hedged | No |
| Fund of funds | Yes |
Top Holdings
| APPLE INC | 6.8 % |
| MICROSOFT CORP | 6.4 % |
| NVIDIA CORP | 5.8 % |
| BROADCOM INC. | 4.0 % |
| AMAZON.COM INC | 3.9 % |
| META PLATFORMS INC | 3.6 % |
| TESLA MOTORS INC | 2.2 % |
| COSTCO WHOLESALE CORP | 2.1 % |
| ALPHABET INC. CLASS A | 1.8 % |
| ALPHABET INC. CLASS C | 1.8 % |
Asset Allocation
Historical Performance
Standardized Performance (as of 08/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | -- | -- | -- | -- | -- | -- | -- | Volatility | -- | -- | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 32 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
| ADV of underlying (mns) | $0 |
Technical Indicators
| Recent close | $48.18 |
| 30d moving avg. | $47.54 |
| Annualized volatility | 0.0% |
| Relative strength (RSI) | 0 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 308 |
| Avg. Expense Ratio | 67.1 bp |
| Std. Deviation | 37 bp |
| QQA (0 bp) Percentile rank | 4 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| QQA | 0.0 | 0.0 | 0 |
| Peer Avg. | 49.1 | 19.7 | 68.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .