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

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.


-0.50.00.51.0
Correlation: 0.5

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.

-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-15.45%
-33.36%
IBBQ
BTEC

Key characteristics

Returns By Period


IBBQ

YTD

-2.80%

1M

-5.18%

6M

-10.69%

1Y

1.55%

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.


Expense ratio chart for BTEC: current value is 0.42%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BTEC: 0.42%
Expense ratio chart for IBBQ: current value is 0.00%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IBBQ: 0.00%

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 3232
Overall Rank
The Sharpe Ratio Rank of IBBQ is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of IBBQ is 3333
Sortino Ratio Rank
The Omega Ratio Rank of IBBQ is 3131
Omega Ratio Rank
The Calmar Ratio Rank of IBBQ is 3131
Calmar Ratio Rank
The Martin Ratio Rank of IBBQ is 3030
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.


The chart of Sharpe ratio for IBBQ, currently valued at 0.13, compared to the broader market-1.000.001.002.003.004.00
IBBQ: 0.13
BTEC: 1.28
The chart of Sortino ratio for IBBQ, currently valued at 0.32, compared to the broader market-2.000.002.004.006.008.00
IBBQ: 0.32
BTEC: 2.00
The chart of Omega ratio for IBBQ, currently valued at 1.04, compared to the broader market0.501.001.502.002.50
IBBQ: 1.04
BTEC: 1.45
The chart of Calmar ratio for IBBQ, currently valued at 0.09, compared to the broader market0.002.004.006.008.0010.0012.00
IBBQ: 0.09
BTEC: 0.36
The chart of Martin ratio for IBBQ, currently valued at 0.35, compared to the broader market0.0020.0040.0060.00
IBBQ: 0.36
BTEC: 4.57


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
0.13
1.28
IBBQ
BTEC

Dividends

IBBQ vs. BTEC - Dividend Comparison

IBBQ's dividend yield for the trailing twelve months is around 1.16%, while BTEC has not paid dividends to shareholders.


TTM20242023202220212020201920182017
IBBQ
Invesco Nasdaq Biotechnology ETF
1.16%1.14%0.81%0.76%0.63%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


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%NovemberDecember2025FebruaryMarchApril
-21.38%
-35.29%
IBBQ
BTEC

Volatility

IBBQ vs. BTEC - Volatility Comparison

Invesco Nasdaq Biotechnology ETF (IBBQ) has a higher volatility of 11.99% compared to Principal Healthcare Innovators Index ETF (BTEC) at 0.00%. This indicates that IBBQ's price experiences larger fluctuations and is considered to be riskier than BTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
11.99%
0
IBBQ
BTEC