QQA ETF Analysis: QQQ Income Advantage | NASDAQ
Unclassified | NASDAQ, USA | Market Cap: 842m USD | 12M Return: 10% | US46090A6890 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.43M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 2.3 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
The Invesco QQQ Income Advantage ETF (QQA) is a non-diversified fund that combines passive index exposure with an options-based income strategy. It invests in U.S. equity securities or ETFs designed to track the NASDAQ-100 Index, which comprises 100 of the largest non-financial companies listed on the NASDAQ stock exchange. To generate additional income, the fund uses equity-linked notes (ELNs), which are debt instruments whose returns are tied to the performance of an underlying equity or index.
QQA is classified within the Derivative Income ETF category, reflecting its reliance on derivative-linked instruments and options-based strategies to produce yield for investors. Listed on NASDAQ since its IPO in July 2024, the fund operates with a small-cap market profile, distinguishing it from the broader Invesco QQQ Trust (QQQ), which it references as its underlying benchmark.
- NASDAQ-100 tech rally lifts underlying NAV performance
- Options premium income compressed by low volatility regime
- Competition from JEPQ and covered call ETFs pressures AUM growth
As of November 13, 2026, the stock is trading at USD 53.41 with a total of 115,229 shares traded. Over the past week, the price has changed by -0.28%, over one month by -6.49%, over three months by -2.79% and over the past year by +9.97%.
Current recommended Stop Loss: 51.60 (which is 3.4% or 1.7 ATR below the current price).
QQQ Income Advantage has no consensus analysts rating.