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Invesco QQQ Income Advantage ETF (QQA)

$53.13

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Key data on QQA

AUM

$466481453

P/E ratio

28.4

Dividend yield

8.8605%

Expense ratio

0.29%

Beta

0.92924

Price on QQA

Previous close

$53.87

Today's open

$53.78

Day's range

$52.91 - $53.78

52 week range

$39.86 - $54.87

Profile about QQA

Headquarters

US

Exchange

NASDAQ Global Market

Issue type

Exchange-Traded Fund

QQA industries and sectors

Equities

Domestic

Large-Cap

Growth

Top holdings in QQA
News on QQA

QQA: Solid Income Potential But Underperforms Peers

Invesco QQQ Income Advantage ETF offers a 9.8% yield and monthly payouts, appealing to income-focused investors seeking Nasdaq-100 exposure. QQA's dynamic option overlay strategy provides income and some downside protection, but caps upside potential and underperforms peers like GPIQ in total return. While QQA is cost-efficient and maintains stable distributions, it lacks unique advantages over similar ETFs, making it difficult to recommend new accumulation.

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Seeking Alpha • Nov 17, 2025

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This income-investing approach from Goldman Sachs has been paying off

The firm's covered-call ETFs have been outperforming competitors.

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Market Watch • Nov 6, 2025

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This ETF strategy could help risk-averse investors ride out wild market swings

Invesco senior portfolio manager John Burrello sees income funds that employ options-based strategies as a suitable approach.

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CNBC • Oct 18, 2025

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Assessing QQA: Total Returns, Drawdowns, And Income Potential

QQA offers a dynamic, actively managed NDX option-income strategy, aiming to capture more upside while maintaining income potential versus passive peers like QYLD. Performance since inception shows QQA delivers better total returns than QYLD and even JEPQ, though its active management hasn't significantly mitigated drawdowns. Drawdown protection is not markedly superior, but QQA stands out for capping upside less, making it a conditional Buy among NDX option-income ETFs.

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Seeking Alpha • Aug 27, 2025

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Tech Participation & Protection Under 1 Umbrella

The Nasdaq-100 Index (NDX) has been up nearly 22% for the 90 days ending July 16. So it stands to reason investors' affinity for mega-cap growth stocks increased.

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ETF Trends • Jul 17, 2025

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QQA: New Option Strategy ETF In The Nasdaq 100

The Invesco QQQ Income Advantage ETF offers an 8.63% yield from option strategies in the Nasdaq 100. QQA has 3/4 of assets in Nasdaq 100 stocks and delegates option income generation to equity-linked notes. QQA's short track record shows a total return nearly matching QQQ, but the price return is flat.

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Seeking Alpha • Jun 7, 2025

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In Covered Call ETF Fervor, Don't Forget QQA

Equities and fixed income alike have dealt with bouts of volatility this year. That could go a long way toward explaining why so many investors are flocking to options-based income ETFs.

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ETF Trends • May 8, 2025

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Consider the Invesco QQQ Income Advantage ETF for Volatility Mitigation

Invesco's QQQ Income Advantage ETF may be a fund worth consideration in the current environment, characterized by heightened volatility. The Invesco QQQ Income Advantage ETF (QQA) is designed to provide investors with exposure to the Nasdaq-100, but also utilizes an active option income overlay to provide income, downside protection, as well as upside participation.

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ETF Trends • Apr 10, 2025

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How to Extract Income From the Nasdaq-100 Index

The Nasdaq-100 Index (NDX) is known for a lot of things — lengthy outperformance of the S&P 500 among them — but income isn't part of that list. Just look at the Invesco QQQ Trust (QQQ) and the Invesco NASDAQ 100 ETF (QQQM), both of which follow the NDX.

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ETF Trends • Mar 14, 2025

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QQA: Unique Nasdaq Exposure With High Income Potential

Invesco QQQ Income Advantage ETF offers a 10.3% dividend yield, providing income while maintaining exposure to high-quality large-cap companies similar to QQQ. QQA's dynamic option overlay strategy adjusts to market conditions, potentially outperforming in sideways or volatile markets but capping upside potential during bull runs. QQA is too new to gauge long-term resilience or performance in market downturns, and its dividends are classified as ordinary, leading to higher tax burdens.

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Seeking Alpha • Jan 21, 2025

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