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

IBBQ vs. BTEC

Last updated May 15, 2025

Compare and contrast key facts about Invesco Nasdaq Biotechnology ETF (IBBQ) and Principal Healthcare Innovators Index ETF (BTEC).

IBBQ and BTEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBBQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ / Biotechnology. It was launched on Jun 11, 2021. 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. Both IBBQ and BTEC 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: IBBQ or BTEC.

Correlation

The correlation between IBBQ and BTEC is 0.53, 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

IBBQ vs. BTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Nasdaq Biotechnology ETF (IBBQ) and Principal Healthcare Innovators Index ETF (BTEC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period

IBBQ

YTD

-9.13%

1M

-2.89%

6M

-16.65%

1Y

-10.49%

5Y*

N/A

10Y*

N/A

BTEC

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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IBBQ vs. BTEC - Expense Ratio Comparison

IBBQ has a 0.00% expense ratio, which is lower than BTEC's 0.42% expense ratio.

BTEC
Principal Healthcare Innovators Index ETF
IBBQ
Invesco Nasdaq Biotechnology ETF

Risk-Adjusted Performance

IBBQ vs. BTEC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IBBQ
The Risk-Adjusted Performance Rank of IBBQ is 55
Overall Rank
The Sharpe Ratio Rank of IBBQ is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of IBBQ is 66
Sortino Ratio Rank
The Omega Ratio Rank of IBBQ is 66
Omega Ratio Rank
The Calmar Ratio Rank of IBBQ is 44
Calmar Ratio Rank
The Martin Ratio Rank of IBBQ is 44
Martin Ratio Rank
BTEC
The Risk-Adjusted Performance Rank of BTEC is 2525
Overall Rank
The Sharpe Ratio Rank of BTEC is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of BTEC is 2929
Sortino Ratio Rank
The Omega Ratio Rank of BTEC is 2727
Omega Ratio Rank
The Calmar Ratio Rank of BTEC is 2222
Calmar Ratio Rank
The Martin Ratio Rank of BTEC is 2222
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IBBQ vs. BTEC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq Biotechnology ETF (IBBQ) 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.

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Dividends

IBBQ vs. BTEC - Dividend Comparison

IBBQ's dividend yield for the trailing twelve months is around 1.24%, while BTEC has not paid dividends to shareholders.

TTM20242023202220212020201920182017
IBBQ
Invesco Nasdaq Biotechnology ETF		1.24%1.14%0.81%0.76%0.62%0.00%0.00%0.00%0.00%
BTEC
Principal Healthcare Innovators Index ETF		0.00%0.00%0.00%0.00%0.96%0.37%0.00%0.00%0.13%

Drawdowns

IBBQ vs. BTEC - Drawdown Comparison

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Volatility

IBBQ vs. BTEC - Volatility Comparison

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