IBBQ vs. GERM

Last updated Jul 14, 2026

IBBQ (Invesco Nasdaq Biotechnology ETF) and GERM (Amplify Treatments, Testing and Advancements ETF) are both Health & Biotech Equities funds - IBBQ tracks the Nasdaq Biotechnology Index while GERM tracks the Prime Treatments, Testing and Advancements Index. Both are passively managed. Over the past year, IBBQ returned 49.59% vs 0.00% for GERM. IBBQ charges 0.19%/yr vs 0.68%/yr for GERM.

Performance

IBBQ vs. GERM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Nasdaq Biotechnology ETF (IBBQ) and Amplify Treatments, Testing and Advancements ETF (GERM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IBBQ

• 1D: -1.45%
• 1M: 10.41%
• 6M: 13.70%
• YTD: 15.12%
• 1Y: 49.59%
• 3Y*: 17.72%
• 5Y*: 6.46%
• 10Y*: —

GERM

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

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

IBBQ vs. GERM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IBBQ Invesco Nasdaq Biotechnology ETF	15.12%	33.32%	-8.99%
GERM Amplify Treatments, Testing and Advancements ETF	0.00%	0.00%	0.00%

IBBQ vs. GERM - Sectors Allocation Comparison

Sectors	IBBQ	GERM
Healthcare	93.5%	99.3%
Consumer Defensive	0.2%	-
Consumer Cyclical	0.1%	-
Financial Services	0.1%	0.4%
Industrials	0.0%	-
Basic Materials	-	-
Communication Services	-	-
Energy	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

IBBQ vs. GERM — Risk / Return Rank

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

IBBQ

IBBQ Risk / Return Rank: 91
IBBQ Sharpe Ratio Rank: 91
IBBQ Sortino Ratio Rank: 90
IBBQ Omega Ratio Rank: 84
IBBQ Calmar Ratio Rank: 95
IBBQ Martin Ratio Rank: 93

GERM

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

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.

IBBQ vs. GERM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq Biotechnology ETF (IBBQ) and Amplify Treatments, Testing and Advancements ETF (GERM). 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.

	IBBQ	GERM	Difference
Sharpe ratio: Return per unit of total volatility	2.45	—	—
Sortino ratio: Return per unit of downside risk	3.35	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	5.98	—	—
Martin ratio: Return relative to average drawdown	18.92	—	—

Drawdowns

IBBQ vs. GERM - Drawdown Comparison

The maximum IBBQ drawdown since its inception was -37.94%, which is greater than GERM's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for IBBQ and GERM.

Drawdown Indicators

	IBBQ	GERM	Difference
Max Drawdown Largest peak-to-trough decline	-37.94%	0.00%	-37.94%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	0.00%	-8.34%
Max Drawdown (3Y) Largest decline over 3 years	-23.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.94%	—	—
Current Drawdown Current decline from peak	-4.65%	0.00%	-4.65%
Average Drawdown Average peak-to-trough decline	-16.50%	0.00%	-16.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	0.00%	+2.63%

Volatility

IBBQ vs. GERM - Volatility Comparison

Invesco Nasdaq Biotechnology ETF (IBBQ) has a higher volatility of 6.21% compared to Amplify Treatments, Testing and Advancements ETF (GERM) at 0.00%. This indicates that IBBQ's price experiences larger fluctuations and is considered to be riskier than GERM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBBQ	GERM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	0.00%	+6.21%
Volatility (6M) Calculated over the trailing 6-month period	15.76%	0.00%	+15.76%
Volatility (1Y) Calculated over the trailing 1-year period	20.34%	0.00%	+20.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.02%	0.00%	+22.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.90%	0.00%	+21.90%

IBBQ vs. GERM - Expense Ratio Comparison

IBBQ has a 0.19% expense ratio, which is lower than GERM's 0.68% expense ratio.

Dividends

IBBQ vs. GERM - Dividend Comparison

IBBQ's dividend yield for the trailing twelve months is around 0.79%, while GERM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
GERM Amplify Treatments, Testing and Advancements ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IBBQ Invesco Nasdaq Biotechnology ETF	0.79%	0.90%	1.14%	0.81%	0.76%	0.63%

Frequently Asked Questions

Which is riskier, IBBQ or GERM?

IBBQ has higher volatility (6.21%) compared to GERM (0.00%). In terms of maximum drawdown, IBBQ dropped -37.94% vs GERM's 0.00%.

Which ETF is better, IBBQ or GERM?

On 1-year performance, IBBQ leads with 49.59% vs 0.00% for GERM. On fees, IBBQ is cheaper at 0.19% 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, IBBQ or GERM?

Over the 1-year period, IBBQ has performed better with a 49.59% return vs 0.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBBQ or GERM?

IBBQ is cheaper with a 0.19% expense ratio, compared with 0.68% for GERM.

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

IBBQ has the higher dividend yield at 0.79%, compared with 0.00% for GERM.

What is the main difference between IBBQ and GERM?

IBBQ tracks Nasdaq Biotechnology Index, while GERM tracks Prime Treatments, Testing and Advancements Index. They also come from different issuers: Invesco and Amplify. Their fees differ too: 0.19% for IBBQ and 0.68% for GERM.