Invesco QQQ Income Advantage ETF(QQA · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

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Snapshot
Info

Invesco QQQ Income Advantage ETF (QQA) ETF

Exchange
XNAS
Inception
2024-07-17
Has Options
No
ETF Profile
holdings as of 2026-06-06
Holdings
121
AUM
$727.3M
Provider
Invesco
Inception
2024-07-17
Exchange
XNAS
Data As Of
2026-06-06
Expense Ratio
Dividend Yield
9.66%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-05-18 2026-05-22 $0.4861 CD
2026-04-20 2026-04-24 $0.4635 CD
2026-03-23 2026-03-27 $0.4338 CD
2026-02-23 2026-02-27 $0.4511 CD
2026-01-20 2026-01-23 $0.4602 CD
2025-12-22 2025-12-26 $0.4590 CD
Asset Allocation
Top Holdings
top 50 of 121 holdings
Symbol Name Weight % Asset Class Country
IUGXX Invesco Premier US Government Money Portfolio 17.35% Cash/Money Market
NVDA NVIDIA Corp 6.37% Equity (US)
AAPL Apple Inc 5.77% Equity (US)
MSFT Microsoft Corp 3.96% Equity (US)
MU Micron Technology Inc 3.43% Equity (US)
AMZN Amazon.com Inc 3.38% Equity (US)
GOOGL Alphabet Inc 2.74% Equity (US)
AMD Advanced Micro Devices Inc 2.68% Equity (US)
GOOG Alphabet Inc 2.54% Equity (US)
TSLA Tesla Inc 2.49% Equity (US)
AVGO Broadcom Inc 2.34% Equity (US)
META Meta Platforms Inc 2.24% Equity (US)
WMT Walmart Inc 2.05% Equity (US)
INTC Intel Corp 1.75% Equity (US)
CSCO Cisco Systems Inc 1.70% Equity (US)
COST Costco Wholesale Corp 1.52% Equity (US)
LRCX Lam Research Corp 1.34% Equity (US)
AMAT Applied Materials Inc 1.27% Equity (US)
NFLX Netflix Inc 1.22% Equity (US)
PLTR Palantir Technologies Inc 1.10% Equity (US)
TXN Texas Instruments Inc 0.91% Equity (US)
KLAC KLA Corp 0.89% Equity (US)
LIN Linde PLC 0.83% Equity (US)
QCOM QUALCOMM Inc 0.82% Equity (US)
SNDK Sandisk Corp 0.81% Equity (US)
MRVL Marvell Technology Inc 0.81% Equity (US)
PANW Palo Alto Networks Inc 0.78% Equity (US)
TMUS T-Mobile US Inc 0.70% Equity (US)
ADI Analog Devices Inc 0.69% Equity (US)
PEP PepsiCo Inc 0.69% Equity (US)
AMGN Amgen Inc 0.66% Equity (US)
STX Seagate Technology Holdings PLC 0.65% Equity (US)
WDC Western Digital Corp 0.61% Equity (US)
APP AppLovin Corp 0.60% Equity (US)
CRWD Crowdstrike Holdings Inc 0.60% Equity (US)
GILD Gilead Sciences Inc 0.57% Equity (US)
ISRG Intuitive Surgical Inc 0.53% Equity (US)
ASML ASML Holding NV 0.51% Cash/Money Market
HON Honeywell International Inc 0.48% Equity (US)
SHOP Shopify Inc 0.47% Equity (US)
BKNG Booking Holdings Inc 0.46% Equity (US)
JPM JPMorgan Chase & Co 0.40% Equity (US)
VRTX Vertex Pharmaceuticals Inc 0.40% Equity (US)
MIZUHO Mizuho Financial Group Inc 0.40% Equity (US)
RY Royal Bank of Canada 0.39% Equity (US)
MIZUHO Mizuho Financial Group Inc 0.39% Equity (US)
SBUX Starbucks Corp 0.38% Equity (US)
C Citigroup Inc 0.38% Equity (US)
FTNT Fortinet Inc 0.38% Equity (US)
RY Royal Bank of Canada 0.37% Equity (US)
Geographic Breakdown
Fund Holdings
Invesco High Yield Bond Factor ETF · NPORT-P period 2026-10-31 (filed 2026-04-01)
Net assets: $151M · 512 total positions · equity 0.02% · non-equity 125.87%
# Symbol Issuer Weight Value
1 Altice France Altice France 0.02% $34721
2 Keenova Therapeutics PLC, Pfd. Keenova Therapeutics PLC 0.00% $858
Non-equity holdings — 510 positions, 125.87% of NAV
Category Weight Value Positions
Corporate 97.37% $146.9M 499
Short-term investment 28.24% $42.6M 3
US Treasury 0.27% $412840 1
Derivative (credit) 0.02% $30481 1
Derivative (interest rate) -0.04% $-57889 6
Daily issuer data also available (2026-06-08) via ETF Constituents
Price History
Seasonality
MonthAvg ReturnYears of Data
Jan +0.20% 2
Feb -3.12% 2
Mar -5.68% 2
Apr +3.93% 2
May +4.26% 2
Jun +0.22% 2
Jul -2.22% 2
Aug +0.78% 2
Sep +4.16% 2
Oct +1.10% 2
Nov +0.67% 2
Dec +0.70% 2
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators
SMA 20: $57.03
SMA 50: $54.63
SMA 200: $53.15
Current: $56.63
EMA 12: $57.15
EMA 26: $56.47
MACD: 0.6798 | Signal: -0.2093
BULLISH
ADX (14): 25.83
TREND
+DI: 20.96
−DI: 27.96
Momentum Oscillators
RSI (14): 51.87
NEUTRAL
Stoch %K: 48.96
Stoch %D: 69.08
Williams %R: -58.76
Volume & Volatility
BB Upper: $58.54
BB Lower: $55.52
NEUTRAL
OBV: 3,556,516
Vol SMA 20: 123,234
Vol ROC: -34.15%
ATR: $0.77
True Range: $1.08
HV 20: 17.1%
HV 30: 15.4%
HV 60: 16.4%

Data Summary
Data Points: 475
Last Updated: 2026-06-08T21:15:11.382000
Date Range: 2024-07-17T00:00:00 – 2026-06-08T00:00:00
AI Analysis

Choose Frenzy-Fast™ for quick analysis or Frenzy-Pro™ for comprehensive analysis.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
Options Activity
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Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR25 and BF25 from the live options chain. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Volatility Surface

Enter a ticker to render the implied volatility surface.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
1.01
Correlation (SPY)
91.7%
0.84
Ann. Volatility
13.3%
SPY Volatility
12.1%

Above average volatility - stock moves with market amplification

Beta & Alpha Over Time
Constituent Performance

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Constituents
Symbol Price 1 Day 1 Week 1 Month