Invesco QQQ Income Advantage ETF
QQA
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 3500 Lacey Road Downers Grove IL United States of America 60515
- IPO Date
- Jul 17, 2024
- Website
- invesco.com
- Similar Companies
- Business
- Invesco QQQ Income Advantage ETF (QQA) is an actively managed exchange-traded fund that provides investors with exposure to the Nasdaq-100 Index through a combination of equity securities, exchange-traded funds, and an options-based income overlay strategy designed for current income generation, downside protection, and long-term capital growth. Launched on July 17, 2024, and domiciled in the United States, the ETF primarily invests in U.S. large-cap growth stocks mirroring the Nasdaq-100, including top holdings in sectors such as technology and communications; it employs derivatives like options and equity-linked notes to enhance monthly yield, targeting a high distribution rate of approximately 9% while aiming to capture market upside with reduced volatility compared to the benchmark Invesco QQQ Trust (QQQ). With assets under management exceeding $429 million as of late 2025, a net expense ratio of 0.29%, and daily pricing on the Nasdaq exchange, QQA serves retail and institutional investors seeking derivative income strategies in the large-cap equity segment. In a key launch development, Invesco introduced QQA as part of its Income Advantage Suite alongside the Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) on July 17, 2024, layering an active options overlay onto established index exposures to deliver consistent monthly income untethered to interest rate fluctuations; the firm waived management fees to zero basis points through December 31, 2024, to promote adoption. Since inception, the fund has demonstrated strong inflows, growing AUM from initial levels to over $456 million by late 2025 amid robust investor demand for high-yield Nasdaq-100 strategies, with recent monthly dividends including $0.4431 per share in November 2025. Managed by a team including Scott Hixon, Chris Devine, Peter Hubbard, and John Burrello from Invesco Capital Management LLC and Invesco Advisers, Inc., QQA operates without significant subsidiaries or parent entities beyond Invesco Ltd., focusing operations in the U.S. market.