Invesco QQQ Income Advantage ETF (QQA) Performance
QQA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.8% since Dec 31, 2025
- 1 year
- +13.7% total return
- Since first price
- +40.3% since 2024
QQA trailing returns vs SPY, QQQ, AGG
| Period | QQA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.9% | −4.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.1% | −0.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.7% | +1.3% | +7.8% | +8.4% | −1.5% |
| YTD | +11.8% | +2.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.7% | +2.5% | +14.4% | +15.9% | −1.1% |
| Since inceptionJul 17, 2024 | +40.3% | +11.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QQA vs SPY
From Jul 17, 2024: QQA grew to $14,035, SPY to $14,003.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QQA returns by calendar year
1 of 1 full years positive. Best 2025 (+17.2%), worst 2025 (+17.2%). 2026 is year to date.
QQA annual returns table
| Year | QQA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.8% | −8.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.2% | −19.7% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QQA largest drawdowns
Now 5.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −19.7% | Apr 8, 2025 | Jun 26, 2025 | 48 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QQA risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +20.2% |
| Volatility (annualized) | 12.5% |
| Sharpe ratio | 1.22 |
| Sortino ratio | 2.35 |
| Best month | +10.4% |
| Worst month | −6.4% |
| Best 12 months | +33.2% |
| Worst 12 months | +16.5% |
| Positive months | 77% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QQA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 16 | +11.3% | +19.3% | +33.2% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
QQA performance overview
Invesco QQQ Income Advantage ETF (QQA) returned +13.7% over the past year, with distributions reinvested. Since its first recorded price on Jul 17, 2024 it has returned +40.3%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −19.7%, from Feb 19, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 12.5% a year.
Related: QQA chart, QQA holdings, QQA dividends, QQA valuation. See the QQA overview for the latest quote and fund facts.
QQA performance FAQ
What is the QQA return over the past year?
QQA returned +13.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 2.5%.
How much would $10,000 invested in QQA be worth?
$10,000 invested in QQA at its first recorded close on July 17, 2024 would be worth about $14,035 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of QQA?
The largest peak-to-trough decline was −19.7% between February 19, 2025 and April 8, 2025. It recovered to the old high on June 26, 2025, 3 months after the bottom.
How volatile is QQA?
Over the past history QQA had an annualized volatility of 12.5% and a Sharpe ratio of 1.22 (excess return over 1–3 month T-bills per unit of risk).