BBP vs. QQQ

Last updated Jun 24, 2026

BBP (Virtus LifeSci Biotech Products ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - BBP is a Health & Biotech Equities fund tracking the LifeSci Biotechnology Products Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, BBP returned 13.69%/yr vs 22.07%/yr for QQQ. A 0.53 correlation means they provide meaningful diversification when combined. BBP charges 0.79%/yr vs 0.18%/yr for QQQ.

Performance

BBP vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus LifeSci Biotech Products ETF (BBP) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with BBP having a 16.04% return and QQQ slightly higher at 16.45%. Over the past 10 years, BBP has underperformed QQQ with an annualized return of 13.69%, while QQQ has yielded a comparatively higher 22.07% annualized return.

BBP

• 1D: 1.20%
• 1M: 7.69%
• YTD: 16.04%
• 6M: 14.38%
• 1Y: 59.95%
• 3Y*: 20.40%
• 5Y*: 11.34%
• 10Y*: 13.69%

QQQ

• 1D: -3.29%
• 1M: -0.43%
• YTD: 16.45%
• 6M: 14.99%
• 1Y: 34.88%
• 3Y*: 26.05%
• 5Y*: 16.01%
• 10Y*: 22.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBP vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBP Virtus LifeSci Biotech Products ETF	16.04%	33.15%	3.32%	17.88%	0.85%	-8.17%	22.24%	24.73%	-13.95%	24.07%
QQQ Invesco QQQ ETF	16.45%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%

Correlation

The correlation between BBP and QQQ is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Dec 17, 2014	0.53

The correlation between BBP and QQQ shifts across timeframes, from 0.39 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.

BBP vs. QQQ - Sectors Allocation Comparison

Sectors	BBP	QQQ
Healthcare	100.0%	3.7%
Basic Materials	-	1.0%
Communication Services	-	14.3%
Consumer Cyclical	-	11.4%
Consumer Defensive	-	6.4%
Energy	-	0.5%
Financial Services	-	0.2%
Industrials	-	2.6%
Real Estate	-	0.1%
Technology	-	58.7%
Utilities	-	1.2%

Return for Risk

BBP vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBP

BBP Risk / Return Rank: 85
BBP Sharpe Ratio Rank: 84
BBP Sortino Ratio Rank: 82
BBP Omega Ratio Rank: 73
BBP Calmar Ratio Rank: 94
BBP Martin Ratio Rank: 91

QQQ

QQQ Risk / Return Rank: 59
QQQ Sharpe Ratio Rank: 61
QQQ Sortino Ratio Rank: 55
QQQ Omega Ratio Rank: 58
QQQ Calmar Ratio Rank: 61
QQQ Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBP vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus LifeSci Biotech Products ETF (BBP) and Invesco QQQ ETF (QQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BBP	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	2.52	1.95	+0.56
Sortino ratio: Return per unit of downside risk	3.42	2.57	+0.85
Omega ratio: Gain probability vs. loss probability	1.40	1.35	+0.06
Calmar ratio: Return relative to maximum drawdown	6.49	2.93	+3.56
Martin ratio: Return relative to average drawdown	20.18	10.86	+9.32

BBP vs. QQQ - Sharpe Ratio Comparison

The current BBP Sharpe Ratio is 2.52, which is comparable to the QQQ Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of BBP and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BBP vs. QQQ - Drawdown Comparison

The maximum BBP drawdown since its inception was -44.32%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for BBP and QQQ.

Drawdown Indicators

	BBP	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-44.32%	-82.97%	+38.65%
Max Drawdown (1Y) Largest decline over 1 year	-9.28%	-11.96%	+2.68%
Max Drawdown (3Y) Largest decline over 3 years	-26.09%	-22.77%	-3.32%
Max Drawdown (5Y) Largest decline over 5 years	-37.89%	-35.12%	-2.77%
Max Drawdown (10Y) Largest decline over 10 years	-44.32%	-35.12%	-9.20%
Current Drawdown Current decline from peak	0.00%	-4.25%	+4.25%
Average Drawdown Average peak-to-trough decline	-11.98%	-32.73%	+20.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	3.22%	-0.24%

Volatility

BBP vs. QQQ - Volatility Comparison

The current volatility for Virtus LifeSci Biotech Products ETF (BBP) is 6.46%, while Invesco QQQ ETF (QQQ) has a volatility of 9.17%. This indicates that BBP experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBP	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.46%	9.17%	-2.71%
Volatility (6M) Calculated over the trailing 6-month period	18.88%	14.57%	+4.31%
Volatility (1Y) Calculated over the trailing 1-year period	23.96%	17.96%	+6.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.37%	22.69%	+3.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.39%	22.42%	+4.97%

BBP vs. QQQ - Expense Ratio Comparison

BBP has a 0.79% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

BBP vs. QQQ - Dividend Comparison

BBP has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBP Virtus LifeSci Biotech Products ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.18%	0.00%	1.29%
QQQ Invesco QQQ ETF	0.43%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both BBP and QQQ in my portfolio?

BBP and QQQ have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBP or QQQ?

QQQ has higher volatility (9.17%) compared to BBP (6.46%). In terms of maximum drawdown, BBP dropped -44.32% vs QQQ's -82.97%.

Which ETF is better, BBP or QQQ?

On 10-year performance, QQQ leads with 22.07% vs 13.69% for BBP. On fees, QQQ is cheaper at 0.18% per year. On volatility, BBP has been the lower-risk option at 6.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBP or QQQ?

Over the 10-year period, QQQ has performed better with a 22.07% return vs 13.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBP or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.79% for BBP.

Which ETF pays a higher dividend yield, BBP or QQQ?

QQQ has the higher dividend yield at 0.43%, compared with 0.00% for BBP.

What is the main difference between BBP and QQQ?

BBP is categorized as Health & Biotech Equities, while QQQ is Nasdaq-100. BBP tracks LifeSci Biotechnology Products Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: Virtus Investment Partners and Invesco. Their fees differ too: 0.79% for BBP and 0.18% for QQQ.

Which has better risk-adjusted returns?

BBP currently has the higher Sharpe Ratio (2.52 vs 1.95), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.