IBBQ vs. HELX

Last updated Jun 4, 2026

IBBQ (Invesco Nasdaq Biotechnology ETF) and HELX (Franklin Genomic Advancements ETF) are both Health & Biotech Equities funds. IBBQ is passively managed, while HELX is actively managed. Over the past 3 years, IBBQ returned 12.60%/yr vs 4.70%/yr for HELX. Their correlation of 0.85 suggests significant overlap in exposure. IBBQ charges 0.00%/yr vs 0.50%/yr for HELX.

Performance

IBBQ vs. HELX - Performance Comparison

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

Returns By Period

In the year-to-date period, IBBQ achieves a 1.91% return, which is significantly higher than HELX's -4.52% return.

IBBQ

• 1D: 1.77%
• 1M: -1.63%
• YTD: 1.91%
• 6M: 0.94%
• 1Y: 39.72%
• 3Y*: 12.60%
• 5Y*: —
• 10Y*: —

HELX

• 1D: 1.03%
• 1M: 2.06%
• YTD: -4.52%
• 6M: -7.35%
• 1Y: 31.28%
• 3Y*: 4.70%
• 5Y*: -4.52%
• 10Y*: —

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

IBBQ vs. HELX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IBBQ Invesco Nasdaq Biotechnology ETF	1.91%	33.32%	-0.63%	4.73%	-10.41%	-6.72%
HELX Franklin Genomic Advancements ETF	-4.52%	26.34%	-5.32%	1.14%	-37.89%	3.71%

Correlation

The correlation between IBBQ and HELX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jun 14, 2021	0.85

The correlation between IBBQ and HELX has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.

IBBQ vs. HELX - Sectors Allocation Comparison

Sectors	IBBQ	HELX
Healthcare	98.3%	96.5%
Financial Services	0.0%	-
Basic Materials	-	2.7%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	0.9%
Utilities	-	-

Return for Risk

IBBQ vs. HELX — Risk / Return Rank

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

IBBQ

IBBQ Risk / Return Rank: 67
IBBQ Sharpe Ratio Rank: 59
IBBQ Sortino Ratio Rank: 60
IBBQ Omega Ratio Rank: 54
IBBQ Calmar Ratio Rank: 85
IBBQ Martin Ratio Rank: 79

HELX

HELX Risk / Return Rank: 38
HELX Sharpe Ratio Rank: 42
HELX Sortino Ratio Rank: 43
HELX Omega Ratio Rank: 40
HELX Calmar Ratio Rank: 35
HELX Martin Ratio Rank: 31

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. HELX - Risk-Adjusted Trends Comparison

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

	IBBQ	HELX	Difference
Sharpe ratio Return per unit of total volatility	2.03	1.51	+0.53
Sortino ratio Return per unit of downside risk	2.86	2.18	+0.68
Omega ratio Gain probability vs. loss probability	1.34	1.26	+0.08
Calmar ratio Return relative to maximum drawdown	4.79	1.74	+3.04
Martin ratio Return relative to average drawdown	15.68	4.52	+11.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IBBQ vs. HELX - Sharpe Ratio Comparison

The current IBBQ Sharpe Ratio is 2.03, which is higher than the HELX Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of IBBQ and HELX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IBBQ	HELX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.03	1.51	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.23	-0.07

Drawdowns

IBBQ vs. HELX - Drawdown Comparison

The maximum IBBQ drawdown since its inception was -37.94%, smaller than the maximum HELX drawdown of -58.75%. Use the drawdown chart below to compare losses from any high point for IBBQ and HELX.

Drawdown Indicators

	IBBQ	HELX	Difference
Max Drawdown Largest peak-to-trough decline	-37.94%	-58.75%	+20.81%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	-18.01%	+9.67%
Max Drawdown (3Y) Largest decline over 3 years	-23.66%	-29.48%	+5.82%
Max Drawdown (5Y) Largest decline over 5 years	—	-58.75%	—
Current Drawdown Current decline from peak	-5.17%	-40.09%	+34.92%
Average Drawdown Average peak-to-trough decline	-16.82%	-34.32%	+17.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.54%	6.94%	-4.40%

Volatility

IBBQ vs. HELX - Volatility Comparison

Invesco Nasdaq Biotechnology ETF (IBBQ) and Franklin Genomic Advancements ETF (HELX) have volatilities of 6.84% and 6.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBBQ	HELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.84%	6.88%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	15.14%	16.18%	-1.04%
Volatility (1Y) Calculated over the trailing 1-year period	19.63%	20.88%	-1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.86%	24.13%	-2.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.86%	27.39%	-5.53%

IBBQ vs. HELX - Expense Ratio Comparison

IBBQ has a 0.00% expense ratio, which is lower than HELX's 0.50% expense ratio.

Dividends

IBBQ vs. HELX - Dividend Comparison

IBBQ's dividend yield for the trailing twelve months is around 0.87%, more than HELX's 0.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
HELX Franklin Genomic Advancements ETF	0.41%	0.39%	0.00%	0.00%	0.00%	0.24%	0.12%
IBBQ Invesco Nasdaq Biotechnology ETF	0.87%	0.90%	1.14%	0.81%	0.76%	0.63%	0.00%

Frequently Asked Questions

Can I hold both IBBQ and HELX in my portfolio?

IBBQ and HELX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBBQ or HELX?

HELX has higher volatility (6.88%) compared to IBBQ (6.84%). In terms of maximum drawdown, IBBQ dropped -37.94% vs HELX's -58.75%.

Which ETF is better, IBBQ or HELX?

On 3-year performance, IBBQ leads with 12.60% vs 4.70% for HELX. On fees, IBBQ is cheaper at 0.00% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBBQ or HELX?

Over the 3-year period, IBBQ has performed better with a 12.60% return vs 4.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBBQ or HELX?

IBBQ is cheaper with a 0.00% expense ratio, compared with 0.50% for HELX.

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

IBBQ has the higher dividend yield at 0.87%, compared with 0.41% for HELX.

What is the main difference between IBBQ and HELX?

They also come from different issuers: Invesco and Franklin Templeton. Their fees differ too: 0.00% for IBBQ and 0.50% for HELX.

Which has better risk-adjusted returns?

IBBQ currently has the higher Sharpe Ratio (2.03 vs 1.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.