ENVB vs. IBBQ
ENVB (Enveric Biosciences Inc) is a stock, while IBBQ (Invesco Nasdaq Biotechnology ETF) is Health & Biotech Equities fund tracking the Nasdaq Biotechnology Index. Over the past 5 years, ENVB returned -84.98%/yr vs 6.24%/yr for IBBQ. At a 0.24 correlation, their price movements are largely independent.
Performance
ENVB vs. IBBQ - Performance Comparison
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Returns By Period
In the year-to-date period, ENVB achieves a -62.53% return, which is significantly lower than IBBQ's 15.05% return.
ENVB
- 1D
- 3.03%
- 1M
- -0.73%
- 6M
- -66.67%
- YTD
- -62.53%
- 1Y
- -91.01%
- 3Y*
- -86.04%
- 5Y*
- -84.98%
- 10Y*
- -75.07%
IBBQ
- 1D
- -0.09%
- 1M
- 10.09%
- 6M
- 13.95%
- YTD
- 15.05%
- 1Y
- 48.21%
- 3Y*
- 17.43%
- 5Y*
- 6.24%
- 10Y*
- —
ENVB vs. IBBQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ENVB Enveric Biosciences Inc | -62.53% | -94.37% | -72.43% | -37.50% | -95.53% | -61.57% |
IBBQ Invesco Nasdaq Biotechnology ETF | 15.05% | 33.32% | -0.63% | 4.73% | -10.41% | -6.24% |
Correlation
The correlation between ENVB and IBBQ is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 2021 | 0.24 |
The correlation between ENVB and IBBQ shifts across timeframes, from 0.11 (1 year) to 0.24 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ENVB vs. IBBQ — Risk / Return Rank
ENVB
IBBQ
ENVB vs. IBBQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enveric Biosciences Inc (ENVB) and Invesco Nasdaq Biotechnology ETF (IBBQ). 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.
| ENVB | IBBQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.93 | ||
| Sortino ratioReturn per unit of downside risk | -4.44 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.40 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | -0.98 | 5.81 | -6.79 |
| Martin ratioReturn relative to average drawdown | -1.27 | 18.06 | -19.33 |
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Drawdowns
ENVB vs. IBBQ - Drawdown Comparison
The maximum ENVB drawdown since its inception was -100.00%, which is greater than IBBQ's maximum drawdown of -37.94%. Use the drawdown chart below to compare losses from any high point for ENVB and IBBQ.
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Drawdown Indicators
| ENVB | IBBQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -37.94% | -62.06% |
Max Drawdown (1Y)Largest decline over 1 year | -92.64% | -8.34% | -84.30% |
Max Drawdown (3Y)Largest decline over 3 years | -99.76% | -23.66% | -76.10% |
Max Drawdown (5Y)Largest decline over 5 years | -100.00% | -37.94% | -62.06% |
Max Drawdown (10Y)Largest decline over 10 years | -100.00% | — | — |
Current DrawdownCurrent decline from peak | -100.00% | -4.71% | -95.29% |
Average DrawdownAverage peak-to-trough decline | -86.19% | -16.48% | -69.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 71.83% | 2.68% | +69.15% |
Volatility
ENVB vs. IBBQ - Volatility Comparison
Enveric Biosciences Inc (ENVB) has a higher volatility of 19.77% compared to Invesco Nasdaq Biotechnology ETF (IBBQ) at 5.92%. This indicates that ENVB's price experiences larger fluctuations and is considered to be riskier than IBBQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENVB | IBBQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.77% | 5.92% | +13.85% |
Volatility (6M)Calculated over the trailing 6-month period | 104.24% | 15.75% | +88.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 175.28% | 20.17% | +155.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 155.81% | 22.01% | +133.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 163.87% | 21.87% | +142.00% |
Dividends
ENVB vs. IBBQ - Dividend Comparison
ENVB has not paid dividends to shareholders, while IBBQ's dividend yield for the trailing twelve months is around 0.79%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ENVB Enveric Biosciences Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IBBQ Invesco Nasdaq Biotechnology ETF | 0.79% | 0.90% | 1.14% | 0.81% | 0.76% | 0.63% |
Frequently Asked Questions
ENVB and IBBQ have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENVB has higher volatility (19.77%) compared to IBBQ (5.92%). In terms of maximum drawdown, ENVB dropped -100.00% vs IBBQ's -37.94%.
IBBQ currently has the higher Sharpe Ratio (2.41 vs -0.52), 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.
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