Invesco China Technology ETF
$52.79
-49.6%
Jun 17, 2026
C
MarginalGraded against CQQQ's own history at this drawdown — not the market's.
What it means: CQQQ's own history does not strongly favor buying at this level yet.
What to do: Consider watching and waiting for a deeper dip or a higher grade.
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index, as well as ADRs and GDRs that represent securities in the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains, and calculates the underlying index. The underlying index may include China A-Shares, B Shares, H Shares, N Shares, Red Chips, P Chips and S Chips. The fund is non-diversified.
Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.
In plain terms: CQQQ is 49.6% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
Right now CQQQ — Invesco China Technology ETF — is in a severe drawdown, down 49.6% from its record high. Last price: $52.79. Severe drawdowns separate structurally sound assets from the ones that don't recover. The historical data below shows what CQQQ did after similar episodes.
CQQQ reaches this drawdown band repeatedly in its history (100 observations), which is a meaningful sample for the segmentation engine to compute a stable median forward return. The engine uses a rolling 90-day window and gives more weight to recent years — this lets the signal adapt to regime changes (e.g., post-COVID volatility) without losing the long-run base rate.
ETFs aggregate constituent behavior, so their drawdowns tend to be shallower but more persistent than single stocks. The median forward return at a given drawdown level for an ETF is usually a more stable signal than for an individual equity. At this depth, focus on prediction error and sample size before median return. A high historical median return at -40% means nothing if the prediction error was also 30%.
Five tickers closest to CQQQ's distance from all-time high. Same category, one tap away.
Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for CQQQ. Median forward returns, win rates, and prediction errors are available in the full analysis.
We segment 40+ years of CQQQ's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.
Years of history
40+
Drawdown bands
20
Look-ahead bias
None
Data sources
4
See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for CQQQ.
Dipsern is research and a second opinion — not a broker. You'd buy CQQQ at your own broker.
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Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.