IBBQ vs. IDMO

Last updated Jul 18, 2026

IBBQ (Invesco Nasdaq Biotechnology ETF) and IDMO (Invesco S&P International Developed Momentum ETF) are both exchange-traded funds - IBBQ is a Health & Biotech Equities fund tracking the Nasdaq Biotechnology Index, while IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. Both are passively managed. Over the past 5 years, IBBQ returned 6.26%/yr vs 15.34%/yr for IDMO. At a 0.49 correlation, their price movements are largely independent. IBBQ charges 0.19%/yr vs 0.25%/yr for IDMO.

Performance

IBBQ vs. IDMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Nasdaq Biotechnology ETF (IBBQ) and Invesco S&P International Developed Momentum ETF (IDMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBBQ achieves a 15.16% return, which is significantly higher than IDMO's 7.56% return.

IBBQ

• 1D: 0.09%
• 1M: 9.08%
• 6M: 14.13%
• YTD: 15.16%
• 1Y: 48.02%
• 3Y*: 17.33%
• 5Y*: 6.26%
• 10Y*: —

IDMO

• 1D: -0.66%
• 1M: -2.44%
• 6M: 4.42%
• YTD: 7.56%
• 1Y: 20.05%
• 3Y*: 24.23%
• 5Y*: 15.34%
• 10Y*: 12.40%

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

IBBQ vs. IDMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IBBQ Invesco Nasdaq Biotechnology ETF	15.16%	33.32%	-0.63%	4.73%	-10.41%	-6.24%
IDMO Invesco S&P International Developed Momentum ETF	7.56%	42.17%	12.79%	20.16%	-12.03%	12.47%

Correlation

The correlation between IBBQ and IDMO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (All Time) Calculated using the full available price history since Jun 11, 2021	0.49

IBBQ vs. IDMO - Sectors Allocation Comparison

Sectors	IBBQ	IDMO
Healthcare	93.5%	1.1%
Consumer Defensive	0.2%	2.5%
Consumer Cyclical	0.1%	1.5%
Financial Services	0.1%	43.2%
Industrials	0.0%	21.3%
Basic Materials	-	10.6%
Communication Services	-	2.1%
Energy	-	1.7%
Real Estate	-	1.8%
Technology	-	6.2%
Utilities	-	7.9%

Return for Risk

IBBQ vs. IDMO — Risk / Return Rank

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

IBBQ

IBBQ Risk / Return Rank: 90
IBBQ Sharpe Ratio Rank: 90
IBBQ Sortino Ratio Rank: 89
IBBQ Omega Ratio Rank: 83
IBBQ Calmar Ratio Rank: 95
IBBQ Martin Ratio Rank: 92

IDMO

IDMO Risk / Return Rank: 39
IDMO Sharpe Ratio Rank: 37
IDMO Sortino Ratio Rank: 37
IDMO Omega Ratio Rank: 36
IDMO Calmar Ratio Rank: 38
IDMO Martin Ratio Rank: 48

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. IDMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq Biotechnology ETF (IBBQ) and Invesco S&P International Developed Momentum ETF (IDMO). 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	IDMO	Difference
Sharpe ratio: Return per unit of total volatility	2.40	1.09	+1.31
Sortino ratio: Return per unit of downside risk	3.30	1.63	+1.67
Omega ratio: Gain probability vs. loss probability	1.39	1.20	+0.19
Calmar ratio: Return relative to maximum drawdown	5.79	1.64	+4.15
Martin ratio: Return relative to average drawdown	17.91	6.39	+11.52

IBBQ vs. IDMO - Sharpe Ratio Comparison

The current IBBQ Sharpe Ratio is 2.40, which is higher than the IDMO Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of IBBQ and IDMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IBBQ vs. IDMO - Drawdown Comparison

The maximum IBBQ drawdown since its inception was -37.94%, roughly equal to the maximum IDMO drawdown of -39.38%. Use the drawdown chart below to compare losses from any high point for IBBQ and IDMO.

Drawdown Indicators

	IBBQ	IDMO	Difference
Max Drawdown Largest peak-to-trough decline	-37.94%	-39.38%	+1.44%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	-12.31%	+3.97%
Max Drawdown (3Y) Largest decline over 3 years	-23.66%	-12.65%	-11.01%
Max Drawdown (5Y) Largest decline over 5 years	-37.94%	-27.07%	-10.87%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.34%	—
Current Drawdown Current decline from peak	-4.62%	-4.56%	-0.06%
Average Drawdown Average peak-to-trough decline	-16.47%	-9.70%	-6.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	3.14%	-0.45%

Volatility

IBBQ vs. IDMO - Volatility Comparison

Invesco Nasdaq Biotechnology ETF (IBBQ) and Invesco S&P International Developed Momentum ETF (IDMO) have volatilities of 5.88% and 5.90%, 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	IDMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.88%	5.90%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	15.71%	16.88%	-1.17%
Volatility (1Y) Calculated over the trailing 1-year period	20.11%	18.54%	+1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.00%	18.13%	+3.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.87%	17.89%	+3.98%

IBBQ vs. IDMO - Expense Ratio Comparison

IBBQ has a 0.19% expense ratio, which is lower than IDMO's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IBBQ vs. IDMO - Dividend Comparison

IBBQ's dividend yield for the trailing twelve months is around 0.79%, less than IDMO's 3.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBBQ Invesco Nasdaq Biotechnology ETF	0.79%	0.90%	1.14%	0.81%	0.76%	0.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IDMO Invesco S&P International Developed Momentum ETF	3.72%	3.71%	2.24%	2.89%	3.66%	1.81%	1.63%	2.78%	3.27%	3.08%	2.18%	2.52%

Frequently Asked Questions

Can I hold both IBBQ and IDMO in my portfolio?

IBBQ and IDMO have a correlation of 0.40, 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 IDMO?

IDMO has higher volatility (5.90%) compared to IBBQ (5.88%). In terms of maximum drawdown, IBBQ dropped -37.94% vs IDMO's -39.38%.

Which ETF is better, IBBQ or IDMO?

On 5-year performance, IDMO leads with 15.34% vs 6.26% for IBBQ. On fees, IBBQ is cheaper at 0.19% 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 IDMO?

Over the 5-year period, IDMO has performed better with a 15.34% return vs 6.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBBQ or IDMO?

IBBQ is cheaper with a 0.19% expense ratio, compared with 0.25% for IDMO.

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

IDMO has the higher dividend yield at 3.72%, compared with 0.79% for IBBQ.

What is the main difference between IBBQ and IDMO?

IBBQ is categorized as Health & Biotech Equities, while IDMO is Momentum. IBBQ tracks Nasdaq Biotechnology Index, while IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. Their fees differ too: 0.19% for IBBQ and 0.25% for IDMO.

Which has better risk-adjusted returns?

IBBQ currently has the higher Sharpe Ratio (2.40 vs 1.09), 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.