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IBBQ vs. QQQJ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

IBBQ vs. QQQJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Nasdaq Biotechnology ETF (IBBQ) and Invesco NASDAQ Next Gen 100 ETF (QQQJ). The values are adjusted to include any dividend payments, if applicable.

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IBBQ vs. QQQJ - Yearly Performance Comparison


2026 (YTD)20252024202320222021
IBBQ
Invesco Nasdaq Biotechnology ETF
2.22%33.32%-0.63%4.73%-10.41%-6.72%
QQQJ
Invesco NASDAQ Next Gen 100 ETF
-1.59%20.44%15.36%13.68%-28.25%1.27%

Returns By Period

In the year-to-date period, IBBQ achieves a 2.22% return, which is significantly higher than QQQJ's -1.59% return.


IBBQ

1D
4.45%
1M
-3.34%
YTD
2.22%
6M
19.77%
1Y
38.16%
3Y*
12.99%
5Y*
10Y*

QQQJ

1D
4.35%
1M
-4.74%
YTD
-1.59%
6M
1.51%
1Y
25.98%
3Y*
13.31%
5Y*
3.13%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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IBBQ vs. QQQJ - Expense Ratio Comparison

IBBQ has a 0.00% expense ratio, which is lower than QQQJ's 0.15% 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%.


Return for Risk

IBBQ vs. QQQJ — Risk / Return Rank

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

IBBQ
IBBQ Risk / Return Rank: 8686
Overall Rank
IBBQ Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
IBBQ Sortino Ratio Rank: 8686
Sortino Ratio Rank
IBBQ Omega Ratio Rank: 7777
Omega Ratio Rank
IBBQ Calmar Ratio Rank: 9090
Calmar Ratio Rank
IBBQ Martin Ratio Rank: 9090
Martin Ratio Rank

QQQJ
QQQJ Risk / Return Rank: 7272
Overall Rank
QQQJ Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
QQQJ Sortino Ratio Rank: 7171
Sortino Ratio Rank
QQQJ Omega Ratio Rank: 6767
Omega Ratio Rank
QQQJ Calmar Ratio Rank: 7676
Calmar Ratio Rank
QQQJ Martin Ratio Rank: 7777
Martin Ratio Rank
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. QQQJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq Biotechnology ETF (IBBQ) and Invesco NASDAQ Next Gen 100 ETF (QQQJ). 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.


IBBQQQQJDifference

Sharpe ratio

Return per unit of total volatility

1.64

1.17

+0.47

Sortino ratio

Return per unit of downside risk

2.24

1.71

+0.53

Omega ratio

Gain probability vs. loss probability

1.29

1.24

+0.05

Calmar ratio

Return relative to maximum drawdown

2.99

1.87

+1.12

Martin ratio

Return relative to average drawdown

11.55

7.73

+3.82

IBBQ vs. QQQJ - Sharpe Ratio Comparison

The current IBBQ Sharpe Ratio is 1.64, which is higher than the QQQJ Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of IBBQ and QQQJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


IBBQQQQJDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.64

1.17

+0.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.17

0.30

-0.13

Correlation

The correlation between IBBQ and QQQJ is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

IBBQ vs. QQQJ - Dividend Comparison

IBBQ's dividend yield for the trailing twelve months is around 0.87%, less than QQQJ's 0.89% yield.


TTM202520242023202220212020
IBBQ
Invesco Nasdaq Biotechnology ETF
0.87%0.90%1.14%0.81%0.76%0.63%0.00%
QQQJ
Invesco NASDAQ Next Gen 100 ETF
0.89%0.85%0.77%0.67%0.76%0.91%0.09%

Drawdowns

IBBQ vs. QQQJ - Drawdown Comparison

The maximum IBBQ drawdown since its inception was -37.94%, roughly equal to the maximum QQQJ drawdown of -39.57%. Use the drawdown chart below to compare losses from any high point for IBBQ and QQQJ.


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Drawdown Indicators


IBBQQQQJDifference

Max Drawdown

Largest peak-to-trough decline

-37.94%

-39.57%

+1.63%

Max Drawdown (1Y)

Largest decline over 1 year

-10.97%

-13.54%

+2.57%

Max Drawdown (5Y)

Largest decline over 5 years

-39.57%

Current Drawdown

Current decline from peak

-3.69%

-8.00%

+4.31%

Average Drawdown

Average peak-to-trough decline

-17.32%

-16.20%

-1.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.08%

3.28%

-0.20%

Volatility

IBBQ vs. QQQJ - Volatility Comparison

Invesco Nasdaq Biotechnology ETF (IBBQ) and Invesco NASDAQ Next Gen 100 ETF (QQQJ) have volatilities of 8.54% and 8.68%, 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.


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Volatility by Period


IBBQQQQJDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.54%

8.68%

-0.14%

Volatility (6M)

Calculated over the trailing 6-month period

14.23%

14.52%

-0.29%

Volatility (1Y)

Calculated over the trailing 1-year period

23.45%

22.37%

+1.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.89%

21.98%

-0.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.89%

22.11%

-0.22%