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IBBQ vs. BBP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IBBQ and BBP is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

IBBQ vs. BBP - Performance Comparison

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

-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-12.95%
9.47%
IBBQ
BBP

Key characteristics

Sharpe Ratio

IBBQ:

0.30

BBP:

0.43

Sortino Ratio

IBBQ:

0.53

BBP:

0.74

Omega Ratio

IBBQ:

1.06

BBP:

1.09

Calmar Ratio

IBBQ:

0.22

BBP:

0.48

Martin Ratio

IBBQ:

1.17

BBP:

1.23

Ulcer Index

IBBQ:

4.61%

BBP:

7.72%

Daily Std Dev

IBBQ:

17.78%

BBP:

22.11%

Max Drawdown

IBBQ:

-37.94%

BBP:

-44.32%

Current Drawdown

IBBQ:

-19.06%

BBP:

-11.57%

Returns By Period

In the year-to-date period, IBBQ achieves a -0.54% return, which is significantly lower than BBP's 3.73% return.


IBBQ

YTD

-0.54%

1M

-2.44%

6M

-4.45%

1Y

3.97%

5Y*

N/A

10Y*

N/A

BBP

YTD

3.73%

1M

-2.61%

6M

3.04%

1Y

8.07%

5Y*

6.43%

10Y*

9.30%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IBBQ vs. BBP - Expense Ratio Comparison

IBBQ has a 0.00% expense ratio, which is lower than BBP's 0.79% expense ratio.


BBP
Virtus LifeSci Biotech Products ETF
Expense ratio chart for BBP: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for IBBQ: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

IBBQ vs. BBP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq Biotechnology ETF (IBBQ) and Virtus LifeSci Biotech Products ETF (BBP). 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.


Sharpe ratio
The chart of Sharpe ratio for IBBQ, currently valued at 0.30, compared to the broader market0.002.004.000.300.43
The chart of Sortino ratio for IBBQ, currently valued at 0.53, compared to the broader market-2.000.002.004.006.008.0010.000.530.74
The chart of Omega ratio for IBBQ, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.001.061.09
The chart of Calmar ratio for IBBQ, currently valued at 0.22, compared to the broader market0.005.0010.0015.000.220.48
The chart of Martin ratio for IBBQ, currently valued at 1.17, compared to the broader market0.0020.0040.0060.0080.00100.001.171.23
IBBQ
BBP

The current IBBQ Sharpe Ratio is 0.30, which is comparable to the BBP Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of IBBQ and BBP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.30
0.43
IBBQ
BBP

Dividends

IBBQ vs. BBP - Dividend Comparison

IBBQ's dividend yield for the trailing twelve months is around 0.85%, while BBP has not paid dividends to shareholders.


TTM202320222021202020192018201720162015
IBBQ
Invesco Nasdaq Biotechnology ETF
0.85%0.81%0.76%0.62%0.00%0.00%0.00%0.00%0.00%0.00%
BBP
Virtus LifeSci Biotech Products ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.18%0.00%1.29%

Drawdowns

IBBQ vs. BBP - Drawdown Comparison

The maximum IBBQ drawdown since its inception was -37.94%, smaller than the maximum BBP drawdown of -44.32%. Use the drawdown chart below to compare losses from any high point for IBBQ and BBP. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-19.06%
-11.57%
IBBQ
BBP

Volatility

IBBQ vs. BBP - Volatility Comparison

The current volatility for Invesco Nasdaq Biotechnology ETF (IBBQ) is 5.84%, while Virtus LifeSci Biotech Products ETF (BBP) has a volatility of 7.12%. This indicates that IBBQ experiences smaller price fluctuations and is considered to be less risky than BBP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.84%
7.12%
IBBQ
BBP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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