QQA:NASDAQInvesco QQQ Income Advantage ETF Analysis
Data as of 2026-09-05 - not real-time
$56.31
Latest Price
3/10Risk
Risk Level: Low
Executive Summary
Invesco QQQ Income Advantage ETF is priced at $56.31 and its moving averages line up in bullish order, the shorter sitting above the longer. It has gained 4.0% over the past 30 days. With RSI at 52.9 the momentum picture is neutral, alongside a bearish MACD signal. Price has been bracketed by support at $55.05 and resistance at $57.51.
The 0.29% expense ratio is competitive for its category, and the fund manages $853.1M in assets.
The composite risk read is 3/10, putting it in low territory. With 30-day volatility of 16.3%, a beta of 1.11 and a maximum drawdown of 10.9%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
This one splits by horizon — buy in the near term, hold further out, at 3/10 long-term conviction.
The 0.29% expense ratio is competitive for its category, and the fund manages $853.1M in assets.
The composite risk read is 3/10, putting it in low territory. With 30-day volatility of 16.3%, a beta of 1.11 and a maximum drawdown of 10.9%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
This one splits by horizon — buy in the near term, hold further out, at 3/10 long-term conviction.
Top Market Events
Omor Ibne Ehsan Jul 17, 2026 0 jittawit21 / Shutterstock.Hosted on MSN1monInvesco QQQ Income Advantage ETF declares monthly distribution of $0.Invesco's QQA ETF bolts a covered-call overlay onto a cash cushion and promises monthly income from the Nasdaq-100, but...
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 5/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 54.24
- MACD momentum is negative
Medium Term
1–3 yearsNeutral
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 54.24
- MACD momentum is negative
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- Short-term moving averages stacked above long-term ones
- 30-day volatility of 16.3%
- Beta of 1.11 versus the benchmark
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.29%
AUM$853.1M
Inception Date2024-07-17
Avg Daily Volume103,130
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield9.92%
Technical Analysis
TrendBullish
RSI52.9
Support$55.05
Resistance$57.51
MA 20$56.24
MA 50$55.97
MA 200$54.24
MACDBearish
VolumeStable
Fear & Greed Index95.48
Risk Assessment
Beta1.11
Volatility16.32%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
Similar Tickers
This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.