IBB vs. IBBQ
Compare and contrast key facts about iShares Nasdaq Biotechnology ETF (IBB) and Invesco Nasdaq Biotechnology ETF (IBBQ).
IBB and IBBQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBB is a passively managed fund by iShares that tracks the performance of the NASDAQ Biotechnology Index. It was launched on Feb 5, 2001. IBBQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ / Biotechnology. It was launched on Jun 11, 2021. Both IBB and IBBQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBB or IBBQ.
Correlation
The correlation between IBB and IBBQ is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IBB vs. IBBQ - Performance Comparison
Key characteristics
IBB:
-0.17
IBBQ:
0.00
IBB:
-0.09
IBBQ:
0.15
IBB:
0.99
IBBQ:
1.02
IBB:
-0.10
IBBQ:
0.00
IBB:
-0.44
IBBQ:
0.01
IBB:
7.85%
IBBQ:
7.77%
IBB:
21.07%
IBBQ:
20.79%
IBB:
-62.85%
IBBQ:
-37.94%
IBB:
-29.32%
IBBQ:
-22.36%
Returns By Period
In the year-to-date period, IBB achieves a -6.72% return, which is significantly lower than IBBQ's -4.01% return.
IBB
-6.72%
-6.04%
-12.81%
-1.68%
-0.20%
0.94%
IBBQ
-4.01%
-4.85%
-11.77%
1.56%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IBB vs. IBBQ - Expense Ratio Comparison
IBB has a 0.47% expense ratio, which is higher than IBBQ's 0.00% expense ratio.
Risk-Adjusted Performance
IBB vs. IBBQ — Risk-Adjusted Performance Rank
IBB
IBBQ
IBB vs. IBBQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Biotechnology ETF (IBB) 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.
Dividends
IBB vs. IBBQ - Dividend Comparison
IBB's dividend yield for the trailing twelve months is around 0.31%, less than IBBQ's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBB iShares Nasdaq Biotechnology ETF | 0.31% | 0.29% | 0.26% | 0.31% | 0.21% | 0.20% | 0.17% | 0.19% | 0.30% | 0.19% | 0.03% | 0.15% |
IBBQ Invesco Nasdaq Biotechnology ETF | 1.17% | 1.14% | 0.81% | 0.76% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IBB vs. IBBQ - Drawdown Comparison
The maximum IBB drawdown since its inception was -62.85%, which is greater than IBBQ's maximum drawdown of -37.94%. Use the drawdown chart below to compare losses from any high point for IBB and IBBQ. For additional features, visit the drawdowns tool.
Volatility
IBB vs. IBBQ - Volatility Comparison
iShares Nasdaq Biotechnology ETF (IBB) has a higher volatility of 12.76% compared to Invesco Nasdaq Biotechnology ETF (IBBQ) at 11.96%. This indicates that IBB'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.