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Invesco QQQ Income Advantage ETF (QQA)

Derivative Income | Exchange Traded Fund | NasdaqGM
56.06 USD -0.30 (-0.538%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 57.26 +1.20 (2.146%) ⇧ (Aug. 28, 2026, 7:54 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★⯪☆
Hot Take | Aug. 22, 2026, 4:03 a.m. EDT

The most compelling feature here is the headline-grabbing 10.17% yield, which appears attractive at first glance. However, digging into the recent price history reveals that this yield is largely a mathematical artifact of the share price being depressed near its 52-week low ($48.20) rather than a sign of massive income generation relative to the underlying assets. The recent 14-day price action shows the security trading flat to slightly down, hovering around $56-$57, which fails to generate the necessary momentum to push the short-term rating above neutral. While the annual trajectory shows a modest +6.98% gain over the last year, this is insufficient to overcome the lack of recent upward velocity or a clear trend reversal. The statistical forecast model, while showing moderate confidence, leans slightly negative (-0.06%), reinforcing the view that there is no immediate catalyst to drive a rally. Consequently, the security sits in a holding pattern: it offers a decent yield for a patient buyer willing to accept the drag of a low share price, but it lacks the explosive growth or strong technical setup required for a bullish short-term entry.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.035039
AutoETS0.036090
AutoTheta0.039286
MSTL0.039977

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 56%
H-stat 4.74
Ljung-Box p 0.000
Jarque-Bera p 0.093
Excess Kurtosis 0.45
Attribute Value
Trailing P/E 30.34

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.87% 10.38%
Dividend History
Date Dividend Yield %
2026-08-24 0.483 0.872944
2026-07-20 0.476 0.866084
2026-06-22 0.500 0.868116
2026-05-18 0.486 0.868245
2026-04-20 0.464 0.867939
2026-03-23 0.434 0.856050
2026-02-23 0.451 0.875320
2026-01-20 0.460 0.880383
2025-12-22 0.459 0.862296
2025-11-24 0.443 0.846066
2025-10-20 0.455 0.857197
2025-09-22 0.454 0.863282
2025-08-18 0.444 0.864234
2025-07-21 0.437 0.861593
2025-06-23 0.420 0.858369
2025-05-19 0.418 0.866680
2025-04-21 0.375 0.882768
2025-03-24 0.403 0.850749
2025-02-24 0.440 0.873362
2025-01-21 0.437 0.857367
2024-12-23 0.436 0.854065
2024-11-18 0.457 0.920258
2024-10-21 0.425 0.859454
2024-09-23 0.418 0.863565
2024-08-19 0.413 0.858342
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 10.17

Info Dump

Attribute Value
All Time High 58.53
All Time Low 39.865
Ask 60.97
Ask Size 2
Average Daily Volume10 Day 106,310
Average Daily Volume3 Month 121,434
Average Volume 121,434
Average Volume10Days 106,310
Beta3 Year 0.0
Bid 52.14
Bid Size 2
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 56.74
Day Low 55.96
Dividend Yield 10.17
Eps Trailing Twelve Months 1.8475602
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 56.06454
Fifty Day Average Change -0.0076408386
Fifty Day Average Change Percent -0.00013628647
Fifty Two Week Change Percent 10.413635
Fifty Two Week High 58.53
Fifty Two Week High Change -2.4730988
Fifty Two Week High Change Percent -0.042253524
Fifty Two Week Low 48.2
Fifty Two Week Low Change 7.8568993
Fifty Two Week Low Change Percent 0.1630062
Fifty Two Week Range 48.2 - 58.53
First Trade Date Milliseconds 1,721,223,000,000
Full Exchange Name NasdaqGM
Fullday Change -0.25
Fullday Change Percent -0.44357702
Fullday Price 57.26
Fund Family Invesco
Fund Inception Date 1,721,174,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,024-07-17
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund seeks to achieve its investment objective by: (1) investing in a portfolio of U.S. equity securities designed to track the performance, before fees and expenses, of the NASDAQ-100 Index® or U.S.-listed exchange-traded funds (ETFs) that seek to track the performance of the index, or both, and (2) utilizing an options-based income strategy implemented through equity-linked notes (ELNs) with exposure to either the index or ETFs tracking the index. The fund is non-diversified.
Long Name Invesco QQQ Income Advantage ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1879362315
Nav Price 56.29
Net Assets 776,760,580.0
Net Expense Ratio 0.29
Open 56.74
Post Market Change 1.2030983
Post Market Change Percent 2.146209
Post Market Price 57.26
Post Market Time 1,787,961,277
Previous Close 56.36
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.3031006
Regular Market Change Percent -0.5377938
Regular Market Day High 56.74
Regular Market Day Low 55.96
Regular Market Day Range 55.96 - 56.74
Regular Market Open 56.74
Regular Market Previous Close 56.36
Regular Market Price 56.0569
Regular Market Time 1,787,947,200
Regular Market Volume 132,599
Short Name Invesco QQQ Income Advantage ET
Source Interval 15
Symbol QQA
Total Assets 776,760,576
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 30.341042
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.28926
Trailing Three Month Returns 2.28926
Triggerable 1
Two Hundred Day Average 54.172626
Two Hundred Day Average Change 1.8842735
Two Hundred Day Average Change Percent 0.03478276
Type Disp ETF
Volume 132,599
Yield 0.1017
Ytd Return 9.163