Equity | International and Global Equity

Invesco China Technology ETF

Ticker: CQQQ
How to invest

Product Details

The Invesco China Technology ETF (Fund) is based on the FTSE China Incl A 25% Technology Capped Index (Index). The Fund will invest at least 80% of its total assets in securities that comprise the Index as well as American depositary receipts and global depositary receipts based on the securities in the Index. The Index includes constituents of the FTSE China Index and FTSE China A Stock Connect Index that are classified as information technology securities, including China A-shares and China B-shares. The Fund and the Index are rebalanced quarterly.

as of 08/31/2022 06/30/2022

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
FTSE China Incl A 25% Technology Capped Index -27.48 -36.57 0.47 N/A N/A N/A
MSCI China Index -19.51 -28.19 -2.19 -2.34 4.65 2.39
Fund History (%)
Fund NAV -27.77 -37.01 -0.31 -3.59 9.40 5.71
After Tax Held -27.77 -37.01 -0.36 -3.77 8.98 5.30
After Tax Sold -16.44 -21.91 -0.23 -2.73 7.52 4.42
Fund Market Price -28.41 -37.13 -0.38 -3.73 9.40 5.68
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
FTSE China Incl A 25% Technology Capped Index -18.55 -39.73 4.61 N/A N/A N/A
MSCI China Index -11.26 -31.79 -0.57 2.14 5.49 3.22
Fund History (%)
Fund NAV -18.77 -40.16 3.83 2.06 10.08 6.78
After Tax Held -18.77 -40.16 3.77 1.87 9.65 6.36
After Tax Sold -11.11 -23.77 2.94 1.52 8.10 5.32
Fund Market Price -19.02 -40.11 3.83 2.00 10.02 6.80

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

As the result of a reorganization on May 18, 2018, the returns presented reflect performance of the Guggenheim predecessor fund. Invesco is not affiliated with Guggenheim.


Please keep in mind that high, double-digit and/or triple-digit returns are highly unusual and cannot be sustained.

as of 06/30/2022

Growth of $10,000

Data beginning 10 years prior to the ending date of 06/30/2022. Fund performance shown at NAV.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

FTSE China Incl A 25% Technology Capped Index* performance prior to 6/21/2019 reflects that of the original Underlying Index, AlphaShares China Technology Index. From 6/21/2019 forward, performance reflects that of the Underlying Index, FTSE China Incl A 25% Technology Capped Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

as of 09/30/2022

Sector Allocation

Sector Percent of Fund
Information Technology 43.59%
Communication Services 34.97%
Consumer Discretionary 17.83%
Industrials 2.78%
Investment Companies 0.78%
Financials 0.38%
Materials 0.24%
Health Care 0.14%
as of 09/30/2022

Top Country Allocation

Country Percentage
China 99.93%
United States 0.06%
Hong Kong 0.01%

as of 09/30/2022 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
700 HK Tencent Holdings Ltd 10.17
3690 HK Meituan 9.71
9888 HK Baidu Inc 7.78
PDD Pinduoduo Inc ADR 7.36
1024 HK Kuaishou Technology 5.55
9626 HK Bilibili Inc 3.53
2382 HK Sunny Optical Technology Group Co Ltd 3.46
601012 C1 LONGi Green Energy Technology Co Ltd 3.29
268 HK Kingdee International Software Group Co Ltd 3.09
TME Tencent Music Entertainment Group ADR 2.30
The characterizations of distributions reflected in this table are as of the date noted below. The actual amounts of income, capital gains and return of capital for tax purposes are only determined after the Fund’s fiscal year end, and may differ from the amounts and characterizations reflected in the chart below. Please refer to the Tax Center for the most current and/or final characterizations of these distributions, including any distributions characterized as return of capital.

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital Liquidation Distribution
12/21/2020 12/22/2020 12/31/2020 0.38588 0.38588 - - - -
12/23/2019 12/24/2019 12/31/2019 0.00525 0.00525 - - - -
12/24/2018 12/26/2018 12/31/2018 0.16958 0.16958 - - - -
12/26/2017 12/27/2017 12/29/2017 0.85770 0.85770 - - - -
12/23/2016 12/28/2016 12/30/2016 0.59530 0.59530 - - - -
12/24/2015 12/29/2015 12/31/2015 0.63570 0.63570 - - - -
12/24/2014 12/29/2014 12/31/2014 0.34500 0.34500 - - - -
12/24/2013 12/27/2013 12/31/2013 0.27600 0.27600 - - - -
12/24/2012 12/27/2012 12/31/2012 0.42600 0.42600 - - - -
12/23/2011 12/28/2011 12/30/2011 0.56500 0.56500 - - - -
12/27/2010 12/29/2010 12/31/2010 0.13300 0.13300 - - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
06/30/2022 62 5 3 9 5 3 1
03/31/2022 62 5 6 4 7 4 3
12/31/2021 64 9 5 10 2 2 0
09/30/2021 64 12 7 2 6 0 1
Year Ended 2021 252 48 36 32 11 2 2
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
06/30/2022 62 4 6 8 8 7 3
03/31/2022 62 4 10 7 7 2 3
12/31/2021 64 13 4 14 4 1 0
09/30/2021 64 9 11 13 2 0 1
Year Ended 2021 252 41 28 36 13 2 1

Fund Inception : 12/08/2009

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

Premiums/Discounts

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments focused in a particular sector, such as communication services and information technology, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments

The Fund is non-diversified and may experience greater volatility than a more diversified investment. 

Investing in securities of Chinese companies involves additional risks, including, but not limited to: the economy of China differs, often unfavorably, from the U.S. economy in such respects as structure, general development, government involvement, wealth distribution, rate of inflation, growth rate, allocation of resources and capital reinvestment, among others; the central government has historically exercised substantial control over virtually every sector of the Chinese economy through administrative regulation and/or state ownership; and actions of the Chinese central and local government authorities continue to have a substantial effect on economic conditions in China.

The risks of investing in securities of foreign issuers, including emerging market issuers, can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

The performance of an investment concentrated in issuers of a certain region or country, such as China, is expected to be closely tied to conditions within that region and to be more volatile than more geographically diversified investments.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

The MSCI China Index is an unmanaged index considered representative of Chinese stocks. The index is computed using the net return, which withholds applicable taxes for non-resident investors.

The AlphaSahres China Technology Index is designed to measure the performance of the investable universe of publicly-traded technology companies open to for investment which are based in mainland China, Hong Kong and Macau. The FTSE China Index represents the performance of large and mid cap Chinese stocks included in the FTSE Global Equity Index Series universe. The FTSE China A Stock Connect Index is designed to represent the performance of eligible securities in the FTSE China A Index.

The Invesco China Technology ETF has been developed solely by Invesco Capital Management LLC, and is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the FTSE Custom Emerging Ultra Dividend Revenue Index (the "Index") vest in the relevant LSE Group company which owns the Index. FTSE® is a trade mark(s) of the relevant LSE Group company and is/are used by any other LSE Group company under license. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Invesco China Technology ETF. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Invesco China Technology ETF or the suitability of the Index for the purpose to which it is being put by Invesco Funds.