C000259538 Fees and Costs — Invesco QQQ Hedged Advantage ETF
Data updated: 2026-09-29
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $9K in broker commissions, 0.0807% of average net assets, and portfolio turnover was 56%.
C000259538 Fees and Expenses
Annual operating expenses and sales charges of C000259538. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000259538 Costs Over Time
On $10,000 invested in C000259538, assuming 5% a year before costs, total costs come to $335 over 5 years, cutting the return by 0.56% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.45%) | $47 | $148 | $258 |
| Trading costs (broker commissions) | $8 | $27 | $46 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $56 | $183 | $335 |
| Value after costs | $10,444 | $11,393 | $12,428 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
C000259538 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0807%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $2.4M
- Portfolio turnover (prospectus): 56%
- Securities lending: none during the year
C000259538 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANE STREET EXECUTION SERVICES, LLC | $5K | 59.04% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $2K | 20.93% |
| RBC CAPITAL MARKETS, LLC | $503 | 5.57% |
| INVESCO CAPITAL MARKETS, INC. | $401 | 4.44% |
| GOLDMAN, SACHS & CO. | $329 | 3.65% |
| MORGAN STANLEY & CO. LLC | $166 | 1.84% |
| CITIGROUP GLOBAL MARKETS INC. | $158 | 1.75% |
| UBS SECURITIES LLC | $125 | 1.38% |
| BNP PARIBAS SECURITIES CORP. | $96 | 1.07% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $31 | 0.34% |
C000259538 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $2.0M | 81.17% |
| JANE STREET EXECUTION SERVICES, LLC | $453K | 18.83% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.