QQA ETF — Invesco QQQ Income Advantage ETF
Invesco QQQ Income Advantage ETF (QQA)
QQA is an ETF that tracks the NASDAQ-100 Index. As of August 19, 2026, its distribution rate is 10.12%, its trailing-12-month yield is 9.01%, its expense ratio is 0.29%. Dividend Vision Distribution Safety Score™ is 79/100 (Generally safe). Fund total return is 42.0% over the past 2.1 years, 8.5 points behind QQQ at 50.5%.
At the current 10.12% distribution rate, a $10,000 investment would generate approximately $1,012 per year, or $84.33 per month on an equivalent basis.
QQA dividend yield and income
Data as of August 19, 2026.
The distribution rate (10.12%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (9.01%) is the last year of payments divided by the current price. The last dividend was $0.4760. The last ex-dividend date was 07/20/2026. It was paid on 07/24/2026. At 10.12%, $10,000 would generate about $1,012 a year ($84.33 monthly-equivalent).
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2026-07-20 | $0.476 | 8.9% |
| 2026-06-22 | $0.5 | 19.0% |
| 2026-05-18 | $0.486 | 16.3% |
| 2026-04-20 | $0.464 | 23.7% |
| 2026-03-23 | $0.434 | 7.7% |
| 2026-02-23 | $0.451 | 2.5% |
| 2026-01-20 | $0.46 | 5.3% |
| 2025-12-22 | $0.459 | 5.3% |
| 2025-11-24 | $0.443 | -3.1% |
| 2025-10-20 | $0.455 | 7.1% |
| 2025-09-22 | $0.454 | 8.6% |
| 2025-08-18 | $0.444 | 7.5% |
| 2025-07-21 | $0.437 | — |
| 2025-06-23 | $0.42 | — |
| 2025-05-19 | $0.418 | — |
| 2025-04-21 | $0.375 | — |
| 2025-03-24 | $0.403 | — |
| 2025-02-24 | $0.44 | — |
| 2025-01-21 | $0.437 | — |
| 2024-12-23 | $0.436 | — |
| 2024-11-18 | $0.457 | — |
| 2024-10-21 | $0.425 | — |
| 2024-09-23 | $0.418 | — |
| 2024-08-19 | $0.413 | — |
| 2024 total | $2.149 | — |
| 2025 total | $5.185 | 141.3% |
| 2026 YTD total | $3.271 | 11.6% |
QQA dividend growth
Trailing-12-month distributions versus the preceding 12 months changed 8.15%. That is the seasonality-immune income comparison, not a single quarterly check versus the prior quarter. An annualized trend fit on recent payments is 12.47%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.
| Window | Change |
|---|---|
| 1Y | 28.5% |
QQA performance versus QQQ
Data as of August 19, 2026.
Fund total return is 42.0% over the past 2.1 years, 8.5 points behind QQQ at 50.5%. Its deepest 1-year drawdown was 8.8%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (2.1 years) | 42.0% | 18.30% |
QQA key facts
Data as of August 19, 2026.
- Distribution Safety Score™
- 79 · Generally safe
- Safety-Adjusted Yield
- 7.99%
- Issuer
- Invesco
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 07/17/2024
- Expense ratio
- 0.29%
- Distribution rate
- 10.12%
- Distribution frequency
- Monthly
- Trailing yield
- 9.01%
- Last close
- $56.42
- AUM
- $854,766,446
- Average volume
- 170928.0
- Last dividend
- $0.4760
- Ex-dividend date
- 07/20/2026
- Payment date
- 07/24/2026
- Beta
- 1.0133
- P/E ratio
- 30.5376
How Dividend Vision calculates yield and returns
Distribution rate (10.12%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (9.01%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 19, 2026.
Primary sources: Invesco fund page; Index: NASDAQ-100 Index; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
QQA risks and drawbacks
Total return has trailed QQQ over the available window. The deepest 1-year drawdown on record here is 8.8%.
Who may consider QQA — and who may not
It is a weaker fit for investors whose main goal is matching QQQ total return. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does QQA pay monthly?
Yes. QQA currently pays monthly.
What index does QQA track?
QQA tracks the NASDAQ-100 Index.
What is QQA's expense ratio?
QQA's expense ratio is 0.29%.
What is QQA's dividend yield?
QQA currently yields 10.12%, paid monthly, with a 0.29% expense ratio.
How has QQA's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed 8.15%. That is not a single quarter versus the prior quarter.
When does QQA pay a dividend?
QQA pays monthly. The last dividend was $0.4760. The last ex-dividend date was 07/20/2026. It was paid on 07/24/2026.
How has QQA performed?
Fund total return is 42.0% over the past 2.1 years, 8.5 points behind QQQ at 50.5%. Its deepest 1-year drawdown was 8.8%.
Is QQA a good investment?
QQA's Dividend Vision Distribution Safety Score is 79 (Generally safe). That is a risk signal, not investment advice. It currently yields 10.12%. Compare peers below rather than treating any single figure as a buy or sell.
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