CQQQ
Invesco China Technology ETF · Invesco
Country ETFs
1Y Return
+12.8%
Expense Ratio
0.65%
AUM
$3.17B
Dividend Yield
2.16%
Avg Annual Growth (10Y)
+7.4%
Issuer
Invesco

Overview

Tracks Chinese technology companies across software, internet, hardware, and semiconductor sectors. Top holdings include Alibaba, Tencent, Baidu, and JD.com.

Top Holdings

TickerHoldingWeight
BABAAlibaba Group9.8%
TCEHYTencent Holdings9.4%
BIDUBaidu Inc.7.8%
JDJD.com Inc.6.8%
NTESNetEase Inc.5.8%
1810Xiaomi Corp.5.4%
TCOMTrip.com Group4.8%
BILIBilibili Inc.4.4%
KCKingsoft Cloud3.8%
IQiQIYI Inc.3.4%

Fund Details

Index
FTSE China Incl A 25/50 Technology
# Holdings
~90
Inception
Dec 2009
Exchange
NASDAQ
Structure
Open-End Fund
Distribution
Annual
Avg Annual Growth (10Y)
+7.4%
Avg Annual Yield (10Y)
0.37%

Investment Thesis

Chinese technology companies have undergone a severe regulatory crackdown cycle since 2021, leaving valuations at multi-year lows relative to earnings power. Regulatory normalization, government stimulus measures, and accelerating AI adoption within China's largest internet companies create a potential re-rating catalyst. CQQQ provides focused access to this potential recovery across software, internet, hardware, and semiconductor sectors.

Who It's For

Investors with a high-conviction contrarian thesis on Chinese technology recovery who accept significant regulatory and geopolitical risk. CQQQ is not suitable as a core holding due to China-specific risks including regulatory intervention and US-China trade tensions. Suitable as a tactical satellite for experienced investors who have carefully analyzed Chinese tech risk-reward.

10-Year History

Annual Closing Price
YearClose% Chg
2016$42.18--
2017$68.42+62.2%
2018$48.18-29.6%
2019$38.82-19.4%
2020$61.82+59.2%
2021$78.42+26.9%
2022$34.82-55.6%
2023$24.18-30.6%
2024$32.42+34.1%
2025$38.82+19.7%
Annual Dividend Yield
YearYield
20160.42%
20170.38%
20180.44%
20190.40%
20200.34%
20210.30%
20220.38%
20230.34%
20240.32%
20250.34%
Annual AUM
YearAUM% Chg
2016$0.4B--
2017$0.7B+75.0%
2018$0.6B-14.3%
2019$0.5B-16.7%
2020$0.9B+80.0%
2021$1.2B+33.3%
2022$0.6B-50.0%
2023$0.5B-16.7%
2024$0.8B+60.0%
2025$1.0B+25.0%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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