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Upturn AI SWOT - About
Invesco QQQ Income Advantage ETF (QQA)
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Upturn Advisory Summary
08/14/2025: QQA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 9.83% | Avg. Invested days 62 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 38.84 - 50.23 | Updated Date 06/28/2025 |
52 Weeks Range 38.84 - 50.23 | Updated Date 06/28/2025 |
Upturn AI SWOT
Invesco QQQ Income Advantage ETF
ETF Overview
Overview
The Invesco QQQ Income Advantage ETF (QQQX) seeks to provide current income while maintaining opportunities for capital appreciation. It invests primarily in the stocks of the Nasdaq-100 Index and uses a covered call strategy to generate income.
Reputation and Reliability
Invesco is a well-established and reputable global investment management firm with a long track record of offering diverse ETF products.
Management Expertise
Invesco has a team of experienced portfolio managers and analysts specializing in equity and options strategies.
Investment Objective
Goal
To provide current income while maintaining opportunities for capital appreciation.
Investment Approach and Strategy
Strategy: The ETF employs a covered call strategy on a portion of its Nasdaq-100 Index portfolio to generate income from option premiums.
Composition Primarily invests in stocks of the Nasdaq-100 Index, along with short-term covered call options.
Market Position
Market Share: QQQX's market share is dependent on the specific income-oriented Nasdaq-100 options strategy ETF category, but is a notable player.
Total Net Assets (AUM): 1100000000
Competitors
Key Competitors
- Global X Nasdaq 100 Covered Call ETF (QYLD)
- Amplify CWP Enhanced Dividend Income ETF (DIVO)
Competitive Landscape
The competitive landscape features ETFs focusing on income generation through covered calls or dividend strategies. QQQX benefits from Invesco's brand but faces competition from larger, more established income ETFs like QYLD which has a higher yield. DIVO generates income using high dividend stocks and a mix of covered call strategies which can diversify their investment.
Financial Performance
Historical Performance: Historical performance depends on market conditions and option premium yields. Data needs to be pulled for a specific time period to provide numerical data.
Benchmark Comparison: The ETF's performance should be compared to the Nasdaq-100 index and indexes tracking covered call strategies to evaluate its effectiveness.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
QQQX's average trading volume suggests moderate liquidity and ease of trading.
Bid-Ask Spread
QQQX's bid-ask spread is relatively low, indicating efficient trading costs.
Market Dynamics
Market Environment Factors
Economic conditions, interest rate movements, and volatility in the technology sector can impact the ETF's performance.
Growth Trajectory
The ETF's growth depends on the demand for income-generating strategies and the performance of the Nasdaq-100 index. Changes to strategy and holdings should be monitored.
Moat and Competitive Advantages
Competitive Edge
QQQX leverages the popularity of the Nasdaq-100 index, offering investors exposure to leading technology companies with the added benefit of income generation through covered calls. Invesco's expertise in options strategies and ETF management further strengthens its competitive position. The ETF provides an alternative to pure growth strategies, appealing to investors seeking both income and capital appreciation within the tech sector. Its association with the well-known QQQ further aids investor familiarity. The specific strike prices and expiration dates of the covered calls influence the yield and risk profile.
Risk Analysis
Volatility
The ETF's volatility is influenced by the volatility of the Nasdaq-100 index and the covered call strategy.
Market Risk
Market risk includes the potential for losses in the underlying Nasdaq-100 stocks and the risk of forgoing potential capital appreciation due to the covered call strategy.
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking income from their investments while maintaining exposure to the growth potential of the Nasdaq-100 index. It is suitable for investors with a moderate risk tolerance.
Market Risk
The ETF is suitable for both long-term investors looking for income and those seeking tactical income generation.
Summary
The Invesco QQQ Income Advantage ETF provides investors with a way to generate income from a portfolio focused on the Nasdaq-100. It uses a covered call strategy to enhance yield, appealing to those seeking income and capital appreciation. While it offers potential benefits, investors should consider the risks of covered call strategies and market volatility. QQQX aims to provide a balance between income and growth, making it suitable for a specific investor profile. Understanding the ETF's strategy and risks is crucial for informed decision-making.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco official website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Invesco QQQ Income Advantage ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
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