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QQHGInvesco QQQ Hedged Advantage ETF

Get income1y track recordRanked #1,336 of 1,650 in this goal

Seeks capital appreciation.

By Invesco · Launched 2025

Annual Cost

0.45%

#2,239 of 5,861 · average

Fund Size

$13M

#4,746 of 5,861 · small

Dividend YieldGoal

0.26%

Track Record

1 year

#4,283 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$11,671+16.7%

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

What's inside

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 = 52.0% of fundmoderately concentrated

NVIDIA Corp.
9.4%
Alphabet Inc.
7.5%
Apple Inc.
7.4%
Microsoft Corp.
5.8%
Amazon.com, Inc.
5.4%
Broadcom Inc.
3.7%
Meta Platforms, Inc.
3.5%
Tesla, Inc.
3.4%
Advanced Micro Devices, Inc.
3.0%
Micron Technology, Inc.
2.9%

Asset allocation

Stocks
99.3%
Cash
0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
10.8%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

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks capital appreciation.
Strategy
Invests primarily in U.S. equity securities to substantially replicate the performance of the Nasdaq-100 Index while utilizing an option overlay strategy to partially hedge downside exposure. Aims to limit volatility risks relative to a traditional long-only equity portfolio.
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

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

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

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 2026-08-04