ETF Evaluator:
Invesco QQQ Low Volatility ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Blend Over the Last Year
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Risk
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ETF Details
Invesco QQQ Low Volatility ETF Overview
Invesco QQQ Low Volatility ETF (QQLV) is a passively managed U.S. Equity Large Blend exchange-traded fund (ETF). Invesco launched the ETF in 2024.
The investment seeks to track the investment results (before fees and expenses) of the Nasdaq-100 Low VolatilityTM Index.
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to track the performance of a subset of stocks within the Nasdaq-100 Index® (the “Parent Index”) that have exhibited the least volatility over the past 12 months, as determined by the index provider. The fund is non-diversified.
About Invesco QQQ Low Volatility ETF (QQLV)
There are 3 members of the management team with an average tenure of 1.65 years: Peter Hubbard (2024), Michael Jeanette (2024) and Pratik Doshi (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: Nasdaq-100 Low Volatility TR USD index with a weighting of 100%. Invesco QQQ Low Volatility ETF has 27 securities in its portfolio. The top 10 holdings constitute 45.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Invesco QQQ Low Volatility ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Invesco QQQ Low Volatility ETF has 8.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 92.0% There is 8.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Invesco QQQ Low Volatility ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $2 million in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
QQLV Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Invesco QQQ Low Volatility ETF expense ratio is below average compared to funds in the Large Blend category. Invesco QQQ Low Volatility ETF has an expense ratio of 0.25%, which is 40% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Invesco QQQ Low Volatility ETF has a portfolio turnover rate of 32%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.
Recently, in the month of July 2026, Invesco QQQ Low Volatility ETF returned 5.3%, which earned it a grade of A, as the Large Blend category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Invesco QQQ Low Volatility ETF has a trailing yield of 2.02%, which is above the 1.16% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Invesco QQQ Low Volatility ETF Grades
Year to date, the ETF has returned 7.2%, 2.4 percentage points worse than the category, which translates into a grade of F. The fund has returned 3.0% over the past year (grade of F).
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QQLV Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| QQLV Return (NAV) | 5.3% | 3.6% | 3.0% | na | na | na |
| QQLV Return (Price) | 5.3% | 3.7% | 3.1% | na | na | na |
| NAV +/- Price Return | -0.062% | -0.088% | -0.105% | na | na | na |
| Large Blend Avg | -0.8% | 3.7% | 17.5% | 17.4% | 11.2% | 13.6% |
| QQLV Grade (NAV) | A | D | F | na | na | na |
| +/- Category (NAV) | 6.1% | -0.1% | -14.6% | na | na | na |
| QQLV Tax-Cost Ratio | na | na | 0.9% | na | na | na |
QQLV Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| QQLV Return (NAV) | 7.2% | 4.2% | na | na | na | na | na | na | na | na | na |
| QQLV Return (Price) | 7.2% | 2.8% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.010% | -0.326% | na | na | na | na | na | na | na | na | na |
| Large Blend Avg | 9.5% | 15.3% | 21.9% | 22.9% | -17.1% | 26.9% | 18.3% | 29.6% | -5.1% | 21.5% | 11.4% |
| QQLV Grade (NAV) | F | F | na | na | na | na | na | na | na | na | na |
| +/- Category | -2.4% | -11.2% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 2.0% |
| Total Assets: | $ 2 Mil |
| Share Class Assets: | $ 2 Mil |
| Turnover: | 32.0% |
| Expense Ratio: | 0.25% |
| Index Fund: | Yes |
| Index Tracked: | Nasdaq-100 Low Volatility TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 1.7 years | |||
| Average Tenure: 1.7 years | |||
| Managers (Year): Hubbard Peter (2024), Jeanette Michael (2024), Doshi Pratik (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 27 |
| % in Top 10 Holdings: | 45.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 8.0% |
Portfolio Allocation |
|
| Domestic Stock: | 92.0% |
| Foreign Stock: | 8.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Invesco |
| Phone Number: | 800-983-0903 |
| Website: | www.invescopowershares.com |
| Inception Date: | December 4, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.25% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.41% |
