FBTU.L vs. BTEC

Last updated Apr 1, 2026

Compare and contrast key facts about First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.L) and Principal Healthcare Innovators Index ETF (BTEC).

FBTU.L and BTEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FBTU.L is managed by First Trust. BTEC is a passively managed fund by Principal that tracks the performance of the NASDAQ U.S. Health Care Innovators Index. It was launched on Aug 19, 2016.

Performance

FBTU.L vs. BTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.L) and Principal Healthcare Innovators Index ETF (BTEC). The values are adjusted to include any dividend payments, if applicable.

FBTU.L vs. BTEC - Yearly Performance Comparison

	2026 (YTD)
FBTU.L First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating	-6.35%
BTEC Principal Healthcare Innovators Index ETF	0.00%

Returns By Period

FBTU.L

• 1D: 2.87%
• 1M: -4.92%
• YTD: -5.44%
• 6M: 12.00%
• 1Y: 18.72%
• 3Y*: 8.81%
• 5Y*: 3.92%
• 10Y*: —

BTEC

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FBTU.L vs. BTEC - Expense Ratio Comparison

FBTU.L has a 0.60% expense ratio, which is higher than BTEC's 0.42% expense ratio.

FBTU.L

First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating

BTEC

Principal Healthcare Innovators Index ETF

Return for Risk

FBTU.L vs. BTEC — Risk / Return Rank

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

FBTU.L

FBTU.L Risk / Return Rank: 43
FBTU.L Sharpe Ratio Rank: 44
FBTU.L Sortino Ratio Rank: 45
FBTU.L Omega Ratio Rank: 39
FBTU.L Calmar Ratio Rank: 48
FBTU.L Martin Ratio Rank: 38

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.

FBTU.L vs. BTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.L) and Principal Healthcare Innovators Index ETF (BTEC). 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.

	FBTU.L	BTEC	Difference
Sharpe ratio Return per unit of total volatility	0.81	—	—
Sortino ratio Return per unit of downside risk	1.26	—	—
Omega ratio Gain probability vs. loss probability	1.16	—	—
Calmar ratio Return relative to maximum drawdown	1.26	—	—
Martin ratio Return relative to average drawdown	3.61	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FBTU.L	BTEC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	—	—

Dividends

FBTU.L vs. BTEC - Dividend Comparison

Neither FBTU.L nor BTEC has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

FBTU.L vs. BTEC - Drawdown Comparison

The maximum FBTU.L drawdown since its inception was -33.73%, which is greater than BTEC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FBTU.L and BTEC.

Drawdown Indicators

	FBTU.L	BTEC	Difference
Max Drawdown Largest peak-to-trough decline	-33.73%	0.00%	-33.73%
Max Drawdown (1Y) Largest decline over 1 year	-15.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.97%	—	—
Current Drawdown Current decline from peak	-11.52%	0.00%	-11.52%
Average Drawdown Average peak-to-trough decline	-13.30%	0.00%	-13.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.00%	—	—

Volatility

Volatility by Period

	FBTU.L	BTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.95%	0.00%	+22.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.73%	0.00%	+20.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.25%	0.00%	+21.25%