Invesco NASDAQ 100 Income Advantage ETF
Invesco NASDAQ 100 Income Advantage ETF (QQCI.TO) Stock Overview
Explore Invesco NASDAQ 100 Income Advantage ETF’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
32.6M
P/E Ratio
N/A
EPS (TTM)
$0.66
ROE
0.00%
QQCI.TO Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Invesco NASDAQ 100 Income Advantage ETF (QQCI.TO) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of F, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $21.81.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of N/A and a market capitalization of 32.6M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Company Profile
The fund seeks to generate income and capitalize on market upsides through a mix of equities and options premiums. For its equity portfolio, the fund invests in Nasdaq-100 stocks and related ETFs. The index comprises the 100 largest, non-financial US companies based on market cap. For its options-based component, the fund utilizes equity-linked notes (ELNs). These ELNs incorporate covered call and/or cash-secured put strategies, designed to provide income and some downside protection to the declines of its equity portfolio. This approach introduces counterparty risk. To further manage risks, the fund holds a substantial portion of its assets in cash or cash equivalents, limiting its exposure to the volatility of the equity market. The adviser dynamically adjusts the portfolio based on market conditions to balance yield, performance, and risk. At its launch, the fund provided a fee waiver to attract investors. Prospective investors should review associated expenses before investing.
2024