IBBQ vs. VYGR
IBBQ (Invesco Nasdaq Biotechnology ETF) is Health & Biotech Equities fund tracking the NASDAQ / Biotechnology, while VYGR (Voyager Therapeutics, Inc.) is a stock. Over the past 5 years, IBBQ returned 4.49%/yr vs -5.51%/yr for VYGR. A 0.50 correlation means they provide meaningful diversification when combined.
Performance
IBBQ vs. VYGR - Performance Comparison
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Returns By Period
In the year-to-date period, IBBQ achieves a 4.83% return, which is significantly higher than VYGR's -7.63% return.
IBBQ
- 1D
- 0.54%
- 1M
- 2.51%
- YTD
- 4.83%
- 6M
- 4.79%
- 1Y
- 40.36%
- 3Y*
- 13.02%
- 5Y*
- 4.49%
- 10Y*
- —
VYGR
- 1D
- 3.71%
- 1M
- -3.59%
- YTD
- -7.63%
- 6M
- -16.74%
- 1Y
- 10.00%
- 3Y*
- -34.59%
- 5Y*
- -5.51%
- 10Y*
- -12.79%
IBBQ vs. VYGR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IBBQ Invesco Nasdaq Biotechnology ETF | 4.83% | 33.32% | -0.63% | 4.73% | -10.41% | -6.24% |
VYGR Voyager Therapeutics, Inc. | -7.63% | -30.69% | -32.82% | 38.36% | 125.09% | -44.01% |
Correlation
The correlation between IBBQ and VYGR is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 2021 | 0.50 |
The correlation between IBBQ and VYGR has been stable across timeframes, ranging from 0.50 to 0.59 - a consistent structural relationship.
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Return for Risk
IBBQ vs. VYGR — Risk / Return Rank
IBBQ
VYGR
IBBQ vs. VYGR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq Biotechnology ETF (IBBQ) and Voyager Therapeutics, Inc. (VYGR). 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 | VYGR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.87 | ||
| Sortino ratioReturn per unit of downside risk | +2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.08 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 4.86 | 0.27 | +4.60 |
| Martin ratioReturn relative to average drawdown | 15.49 | 0.48 | +15.01 |
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Drawdowns
IBBQ vs. VYGR - Drawdown Comparison
The maximum IBBQ drawdown since its inception was -37.94%, smaller than the maximum VYGR drawdown of -92.11%. Use the drawdown chart below to compare losses from any high point for IBBQ and VYGR.
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Drawdown Indicators
| IBBQ | VYGR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.94% | -92.11% | +54.17% |
Max Drawdown (1Y)Largest decline over 1 year | -8.34% | -37.71% | +29.37% |
Max Drawdown (3Y)Largest decline over 3 years | -23.66% | -80.49% | +56.83% |
Max Drawdown (5Y)Largest decline over 5 years | -37.94% | -80.49% | +42.55% |
Max Drawdown (10Y)Largest decline over 10 years | — | -92.11% | — |
Current DrawdownCurrent decline from peak | -2.45% | -88.41% | +85.96% |
Average DrawdownAverage peak-to-trough decline | -16.73% | -66.91% | +50.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 21.10% | -18.48% |
Volatility
IBBQ vs. VYGR - Volatility Comparison
The current volatility for Invesco Nasdaq Biotechnology ETF (IBBQ) is 7.73%, while Voyager Therapeutics, Inc. (VYGR) has a volatility of 19.66%. This indicates that IBBQ experiences smaller price fluctuations and is considered to be less risky than VYGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBBQ | VYGR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.73% | 19.66% | -11.93% |
Volatility (6M)Calculated over the trailing 6-month period | 15.61% | 43.72% | -28.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.08% | 65.19% | -45.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.90% | 80.85% | -58.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.89% | 75.87% | -53.98% |
Dividends
IBBQ vs. VYGR - Dividend Comparison
IBBQ's dividend yield for the trailing twelve months is around 0.84%, while VYGR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IBBQ Invesco Nasdaq Biotechnology ETF | 0.84% | 0.90% | 1.14% | 0.81% | 0.76% | 0.63% |
VYGR Voyager Therapeutics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBBQ and VYGR have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VYGR has higher volatility (19.66%) compared to IBBQ (7.73%). In terms of maximum drawdown, IBBQ dropped -37.94% vs VYGR's -92.11%.
IBBQ currently has the higher Sharpe Ratio (2.02 vs 0.15), 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.
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