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QQHGInvesco QQQ Hedged Advantage ETF

Get income1y track recordRanked #1,360 of 1,622 in this goal

Seeks to provide capital appreciation.

By Invesco · Launched 2025

Annual Cost

0.45%

#2,223 of 5,562 · average

Fund Size

$13M

#4,618 of 5,562 · small

Dividend YieldGoal

0.20%

Track Record

1 year

#4,378 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$12,616+26.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

Index tracked

Nasdaq-100 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 52.2% of fundmoderately concentrated

NVIDIA CorpNVDA
8.5%
Apple IncAAPL
7.6%
Alphabet Inc Class CGOOG
6.7%
Microsoft CorpMSFT
5.8%
Micron Technology IncMU
4.9%
Amazon.com IncAMZN
4.8%
Advanced Micro Devices IncAMD
3.8%
Broadcom IncAVGO
3.6%
Tesla IncTSLA
3.5%
Meta Platforms Inc Class AMETA
3.1%

Asset allocation

Stocks
98.7%
Cash
1.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
10.1%Moderate

Year-on-year price swings

Max drawdown
-6.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks to provide capital appreciation.
Strategy
Invests primarily in U.S. equity securities to replicate the performance of the Nasdaq-100 Index. The Fund employs hedging strategies to manage risk and enhance returns.
Inception date
May 5, 2025
Fund family
Invesco

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19