GERM vs. PSCH

Last updated Jul 17, 2026

GERM (Amplify Treatments, Testing and Advancements ETF) and PSCH (Invesco S&P SmallCap Health Care ETF) are both Health & Biotech Equities funds - GERM tracks the Prime Treatments, Testing and Advancements Index while PSCH tracks the S&P SmallCap 600 Health Care Index. Both are passively managed. Over the past year, GERM returned 0.00% vs 36.14% for PSCH. GERM charges 0.68%/yr vs 0.29%/yr for PSCH.

Performance

GERM vs. PSCH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Treatments, Testing and Advancements ETF (GERM) and Invesco S&P SmallCap Health Care ETF (PSCH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GERM

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

PSCH

• 1D: 0.38%
• 1M: 11.46%
• 6M: 18.87%
• YTD: 21.56%
• 1Y: 36.14%
• 3Y*: 6.30%
• 5Y*: -2.14%
• 10Y*: 8.33%

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

GERM vs. PSCH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GERM Amplify Treatments, Testing and Advancements ETF	0.00%	0.00%	0.00%
PSCH Invesco S&P SmallCap Health Care ETF	21.56%	-0.49%	-3.24%

GERM vs. PSCH - Sectors Allocation Comparison

Sectors	GERM	PSCH
Healthcare	99.3%	97.1%
Financial Services	0.4%	0.9%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Industrials	-	0.7%
Real Estate	-	-
Technology	-	2.0%
Utilities	-	-

Return for Risk

GERM vs. PSCH — Risk / Return Rank

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

GERM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PSCH

PSCH Risk / Return Rank: 64
PSCH Sharpe Ratio Rank: 70
PSCH Sortino Ratio Rank: 72
PSCH Omega Ratio Rank: 64
PSCH Calmar Ratio Rank: 59
PSCH Martin Ratio Rank: 55

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.

GERM vs. PSCH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Treatments, Testing and Advancements ETF (GERM) and Invesco S&P SmallCap Health Care ETF (PSCH). 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.

	GERM	PSCH	Difference
Sharpe ratio: Return per unit of total volatility	—	1.79	—
Sortino ratio: Return per unit of downside risk	—	2.61	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.36	—
Martin ratio: Return relative to average drawdown	—	7.52	—

Drawdowns

GERM vs. PSCH - Drawdown Comparison

The maximum GERM drawdown since its inception was 0.00%, smaller than the maximum PSCH drawdown of -46.32%. Use the drawdown chart below to compare losses from any high point for GERM and PSCH.

Drawdown Indicators

	GERM	PSCH	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-46.32%	+46.32%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	-15.36%	+15.36%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.98%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.37%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.32%	—
Current Drawdown Current decline from peak	0.00%	-17.12%	+17.12%
Average Drawdown Average peak-to-trough decline	0.00%	-13.51%	+13.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	4.82%	-4.82%

Volatility

GERM vs. PSCH - Volatility Comparison

The current volatility for Amplify Treatments, Testing and Advancements ETF (GERM) is 0.00%, while Invesco S&P SmallCap Health Care ETF (PSCH) has a volatility of 4.98%. This indicates that GERM experiences smaller price fluctuations and is considered to be less risky than PSCH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GERM	PSCH	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	4.98%	-4.98%
Volatility (6M) Calculated over the trailing 6-month period	0.00%	14.61%	-14.61%
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	20.23%	-20.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	22.96%	-22.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	23.62%	-23.62%

GERM vs. PSCH - Expense Ratio Comparison

GERM has a 0.68% expense ratio, which is higher than PSCH's 0.29% expense ratio.

Dividends

GERM vs. PSCH - Dividend Comparison

GERM has not paid dividends to shareholders, while PSCH's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GERM Amplify Treatments, Testing and Advancements ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSCH Invesco S&P SmallCap Health Care ETF	0.01%	0.04%	0.27%	0.01%	2.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%

Frequently Asked Questions

Which is riskier, GERM or PSCH?

PSCH has higher volatility (4.98%) compared to GERM (0.00%). In terms of maximum drawdown, GERM dropped 0.00% vs PSCH's -46.32%.

Which ETF is better, GERM or PSCH?

On 1-year performance, PSCH leads with 36.14% vs 0.00% for GERM. On fees, PSCH is cheaper at 0.29% per year. On volatility, GERM has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GERM or PSCH?

Over the 1-year period, PSCH has performed better with a 36.14% return vs 0.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GERM or PSCH?

PSCH is cheaper with a 0.29% expense ratio, compared with 0.68% for GERM.

Which ETF pays a higher dividend yield, GERM or PSCH?

PSCH has the higher dividend yield at 0.01%, compared with 0.00% for GERM.

What is the main difference between GERM and PSCH?

GERM tracks Prime Treatments, Testing and Advancements Index, while PSCH tracks S&P SmallCap 600 Health Care Index. They also come from different issuers: Amplify and Invesco. Their fees differ too: 0.68% for GERM and 0.29% for PSCH.