LIFE.TO vs. IBBQ
Compare and contrast key facts about Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) and Invesco Nasdaq Biotechnology ETF (IBBQ).
LIFE.TO and IBBQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBBQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ / Biotechnology. It was launched on Jun 11, 2021.
Performance
LIFE.TO vs. IBBQ - Performance Comparison
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LIFE.TO vs. IBBQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LIFE.TO Evolve Global Healthcare Enhanced Yield Fund | -4.24% | 12.76% | 2.20% | 4.15% | 0.41% | 10.12% |
IBBQ Invesco Nasdaq Biotechnology ETF | 4.30% | 27.21% | 7.91% | 2.43% | -4.02% | -2.96% |
Different Trading Currencies
LIFE.TO is traded in CAD, while IBBQ is traded in USD. To make them comparable, the IBBQ values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LIFE.TO achieves a -4.24% return, which is significantly lower than IBBQ's 4.30% return.
LIFE.TO
- 1D
- 0.17%
- 1M
- -6.35%
- YTD
- -4.24%
- 6M
- 1.40%
- 1Y
- 2.37%
- 3Y*
- 4.66%
- 5Y*
- 6.48%
- 10Y*
- —
IBBQ
- 1D
- 0.62%
- 1M
- -0.57%
- YTD
- 4.30%
- 6M
- 17.28%
- 1Y
- 39.19%
- 3Y*
- 14.32%
- 5Y*
- —
- 10Y*
- —
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LIFE.TO vs. IBBQ - Expense Ratio Comparison
Return for Risk
LIFE.TO vs. IBBQ — Risk / Return Rank
LIFE.TO
IBBQ
LIFE.TO vs. IBBQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) and Invesco Nasdaq Biotechnology ETF (IBBQ). 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.
| LIFE.TO | IBBQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.14 | 1.71 | -1.57 |
Sortino ratioReturn per unit of downside risk | 0.31 | 2.30 | -1.99 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.29 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | 0.08 | 2.93 | -2.85 |
Martin ratioReturn relative to average drawdown | 0.18 | 9.78 | -9.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LIFE.TO | IBBQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 1.71 | -1.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.33 | +0.16 |
Correlation
The correlation between LIFE.TO and IBBQ is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
LIFE.TO vs. IBBQ - Dividend Comparison
LIFE.TO's dividend yield for the trailing twelve months is around 12.73%, more than IBBQ's 0.86% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LIFE.TO Evolve Global Healthcare Enhanced Yield Fund | 12.73% | 11.83% | 10.90% | 9.24% | 8.20% | 6.46% | 7.09% | 6.33% | 4.84% |
IBBQ Invesco Nasdaq Biotechnology ETF | 0.86% | 0.90% | 1.14% | 0.81% | 0.76% | 0.63% | 0.00% | 0.00% | 0.00% |
Drawdowns
LIFE.TO vs. IBBQ - Drawdown Comparison
The maximum LIFE.TO drawdown since its inception was -20.04%, smaller than the maximum IBBQ drawdown of -36.57%. Use the drawdown chart below to compare losses from any high point for LIFE.TO and IBBQ.
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Drawdown Indicators
| LIFE.TO | IBBQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.04% | -37.94% | +17.90% |
Max Drawdown (1Y)Largest decline over 1 year | -9.72% | -10.97% | +1.25% |
Max Drawdown (5Y)Largest decline over 5 years | -16.33% | — | — |
Current DrawdownCurrent decline from peak | -7.10% | -2.96% | -4.14% |
Average DrawdownAverage peak-to-trough decline | -4.19% | -17.31% | +13.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.08% | 2.96% | +1.12% |
Volatility
LIFE.TO vs. IBBQ - Volatility Comparison
The current volatility for Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) is 4.08%, while Invesco Nasdaq Biotechnology ETF (IBBQ) has a volatility of 8.10%. This indicates that LIFE.TO experiences smaller price fluctuations and is considered to be less risky than IBBQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LIFE.TO | IBBQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.08% | 8.10% | -4.02% |
Volatility (6M)Calculated over the trailing 6-month period | 9.66% | 14.34% | -4.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.93% | 23.24% | -6.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.23% | 20.62% | -7.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.92% | 20.62% | -5.70% |