Invesco QQQ Income Advantage ETF

Frequently Asked Questions About QQA

What does QQA invest in?

This fund is designed to give investors exposure to the Nasdaq-100 Index, alongside an actively managed options strategy. This strategy is employed to generate consistent income, offer a degree of protection during market declines, and participate in market appreciation.

What is the expense ratio of QQA?

Invesco QQQ Income Advantage ETF (QQA) charges an expense ratio of 0.33%. This is the annual fee deducted from fund assets to cover management and operations.

What is QQA's dividend yield?

QQA's trailing-twelve-month yield is 9.94%, calculated from the sum of dividends over the past year divided by the current price.

How big is QQA?

Invesco QQQ Income Advantage ETF (QQA) manages $790.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is QQA actively managed or an index fund?

QQA is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (QQA's is 0.33%) in exchange for the discretion to over- or under-weight positions.

When was QQA launched?

Invesco QQQ Income Advantage ETF (QQA) launched in July 2024 and is managed by Invesco.