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CQQQ

GradeDNew York Stock Exchange Arca

Invesco China Technology ETF

Countries & Regions · Invesco · Inception 2009-12-08 · SEC filings

$47.14−0.89 (−1.85%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 48.03 to 47.14. Range 46.98 to 47.46. Use the arrow keys to read each point.$47.00$47.20$47.4010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$2.8B
1Y return
−15.2%
Yield · Last 12 months
2.34%
Holdings
220
Volume · 30D
1.2M sh
NAV per share
$48.08
52W range
low $44.30high $61.20

The ETF.net CQQQ Grade

D

55/ 100

Rank 15 of 30 in China⁠

Confidence Medium

Six-pillar profile for CQQQ. Scores out of 100: Cost 55, Risk 39, Mission not scored, Tradability 87, Holdings 18, Durability 83. Strongest: Tradability (87). Weakest: Holdings (18). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 55 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 55
    Category rank16/30 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 39
    Category rank23/30 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 87
    Category rank2/30 · top 7%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    FScore 18
    Category rank26/28 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 83
    Category rank4/30 · top 13%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on CQQQ

ETF.net Research

DThe tech sector, minus Silicon Valley. Trading since 2009, CQQQ tracks a FTSE index of Chinese technology companies, roughly 180 of them, instead of the US megacaps that fill almost every other tech fund.

Stated mandate

The Fund seeks to track, before fees and expenses, the investment results of the FTSE China Incl A 25% Technology Capped Index.

Why people hold it

  1. 01One of the original US-listed ways to own Chinese tech as a standalone sleeve: launched in 2009, now a multi-billion-dollar fund that trades actively.
  2. 02Roughly 180 holdings spread across the sector, and the index reaches into mainland A-shares, not just the offshore-listed Chinese names most investors already know.
  3. 03Undiluted by design: the mandate is Chinese technology only, so the exposure isn't watered down the way it is inside a global tech or broad emerging-markets fund.

Worth knowing

  1. 01The 0.65% fee sits above the 0.40% median in its broad tech peer group, and well above index giants like VGT and XLK. That is the toll for a harder-to-reach market.
  2. 02One country, one sector. Beijing policy shifts, currency moves and listing rules land on this portfolio much more directly than on a US-centric tech fund.
  3. 03Cash comes once or twice a year, not monthly or quarterly. This is a growth-sector vehicle, not an income one.

CQQQ Holdings

As of Sep 20, 2026, 1:41 PM
Asset class
Stocks
Holdings
220
Top-10 weight
55%
Largest holding
PDD10.7%

Sectors

  • Technology49.9%
  • Communication27.1%
  • Consumer Discr.21.3%
  • Industrials1.1%
  • Financials0.5%
  • Materials0.1%

Geography

  • China86.47%
  • Ireland10.82%
  • Hong Kong2.10%
  • Singapore0.61%

Developed 14% · Emerging 86% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 13.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001PDDPDD Holdings Inc10.65%3,627,214$286M152
002MPNGFMeituan10.32%29,759,220$277M4
003TCTZFTencent Holdings Ltd9.99%5,000,907$268M4
004BAIDFBaidu Inc7.31%17,497,181$196M3
005KUASFKuaishou Technology3.70%25,447,093$99M2
006AGPXXInvesco Government & Agency Portfolio3.32%89,290,260$89M239
0071347.HKHua Hong Grace Semiconductor Ltd3.19%5,864,625$86M70
008—CAMBRICON TECH A (HK-C)2.23%360,790$60M3
0091888.HKKingboard Laminates Holdings Ltd2.11%9,510,889$57M66
010—HYGON INFO TECH A (HK-C)1.79%1,334,891$48M2
011SNPTFSunny Optical Technology Group Co Ltd1.71%5,382,386$46M2
012—NAURA TECH GRP A (HK-C)1.59%416,408$43M1
0130020.HKSenseTime Group Inc1.56%259,448,064$42M51
0149660.HKHorizon Robotics1.48%74,905,625$40M69
015BLBLFBilibili Inc1.32%2,378,336$35M1

Showing 1–15 of 184 holdings

CQQQ Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CQQQ$8,484
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. CQQQ $8,484. SPY $11,723. Use the arrow keys to read each point.$7,591$9,831$12,071Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CQQQ. Periods over one year show the average yearly return.
PeriodCQQQ
Year to date−7.6%
1 month−2.7%
3 months−12.8%
1 year−15.2%
3 years+10.7%per year
5 years−5.9%per year
10 years+2.0%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CQQQ
YearReturn barCQQQ
2026 YTD−7.6%
2025+34.9%
2024+9.8%
2023−16.7%
2022−30.1%
2021−24.5%
2020+57.3%

CQQQ in the news

CQQQ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.34%Last 12 months
Payout per share
$1.13Last 12 months
Last payment
$1.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 8 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.86; Dec 24, 2018 $0.17; Dec 23, 2019 $0.0053; Dec 21, 2020 $0.39; Dec 19, 2022 $0.03; Dec 18, 2023 $0.20; Dec 23, 2024 $0.11; Dec 22, 2025 $1.13. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 22, 2025Dec 26, 2025$1.13
Dec 23, 2024Dec 27, 2024$0.11
Dec 18, 2023Dec 22, 2023$0.20
Dec 19, 2022Dec 23, 2022$0.03
Dec 21, 2020Dec 31, 2020$0.39
Dec 23, 2019Dec 31, 2019$0.0053
Dec 24, 2018Dec 31, 2018$0.17
Dec 26, 2017Dec 29, 2017$0.86
Dec 23, 2016Dec 30, 2016$0.60
Dec 24, 2015Dec 31, 2015$0.64
Dec 24, 2014Dec 31, 2014$0.35
Dec 24, 2013Dec 31, 2013$0.28

CQQQ Risk

How much the fund’s monthly returns vary, scaled to a year.
31.0%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.26
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−61.4%
Trough Feb 2024
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.01
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CQQQ Cost

Expense ratio0.65%
  • The middle half of China funds
  • Median 0.65%

10 of the 28 China funds charge less.

CQQQ costs $65.00 a year on $10,000. The median China fund costs $65.00.