NBTK.DE vs. GN0M.DE
NBTK.DE (Invesco Nasdaq Biotech UCITS ETF) and GN0M.DE (Global X Genomics & Biotechnology UCITS ETF) are both Health & Biotech Equities funds - NBTK.DE tracks the Nasdaq Biotechnology while GN0M.DE tracks the Solactive Genomics. Both are passively managed. Over the past 3 years, NBTK.DE returned 9.94%/yr vs -1.90%/yr for GN0M.DE. Their correlation of 0.82 suggests significant overlap in exposure. NBTK.DE charges 0.40%/yr vs 0.50%/yr for GN0M.DE.
Performance
NBTK.DE vs. GN0M.DE - Performance Comparison
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Returns By Period
In the year-to-date period, NBTK.DE achieves a 4.27% return, which is significantly lower than GN0M.DE's 12.99% return.
NBTK.DE
- 1D
- 2.92%
- 1M
- 0.38%
- YTD
- 4.27%
- 6M
- 3.76%
- 1Y
- 39.20%
- 3Y*
- 9.94%
- 5Y*
- 5.63%
- 10Y*
- —
GN0M.DE
- 1D
- 5.61%
- 1M
- 11.50%
- YTD
- 12.99%
- 6M
- 9.82%
- 1Y
- 55.73%
- 3Y*
- -1.90%
- 5Y*
- —
- 10Y*
- —
NBTK.DE vs. GN0M.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NBTK.DE Invesco Nasdaq Biotech UCITS ETF | 4.27% | 18.60% | 4.57% | 2.51% | -6.11% | -0.88% |
GN0M.DE Global X Genomics & Biotechnology UCITS ETF | 12.99% | 5.67% | -12.40% | -9.04% | -32.50% | -7.90% |
Correlation
The correlation between NBTK.DE and GN0M.DE is 0.82, 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 | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2021 | 0.82 |
The correlation between NBTK.DE and GN0M.DE has been stable across timeframes, ranging from 0.82 to 0.82 - a consistent structural relationship.
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Return for Risk
NBTK.DE vs. GN0M.DE — Risk / Return Rank
NBTK.DE
GN0M.DE
NBTK.DE vs. GN0M.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq Biotech UCITS ETF (NBTK.DE) and Global X Genomics & Biotechnology UCITS ETF (GN0M.DE). 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.
| NBTK.DE | GN0M.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.33 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 6.16 | 3.32 | +2.84 |
| Martin ratioReturn relative to average drawdown | 17.06 | 8.35 | +8.70 |
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
| NBTK.DE | GN0M.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 2.00 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | -0.34 | +0.76 |
Drawdowns
NBTK.DE vs. GN0M.DE - Drawdown Comparison
The maximum NBTK.DE drawdown since its inception was -30.99%, smaller than the maximum GN0M.DE drawdown of -67.19%. Use the drawdown chart below to compare losses from any high point for NBTK.DE and GN0M.DE.
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Drawdown Indicators
| NBTK.DE | GN0M.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.99% | -67.19% | +36.20% |
Max Drawdown (1Y)Largest decline over 1 year | -6.24% | -16.68% | +10.44% |
Max Drawdown (3Y)Largest decline over 3 years | -29.35% | -48.19% | +18.84% |
Max Drawdown (5Y)Largest decline over 5 years | -30.99% | — | — |
Current DrawdownCurrent decline from peak | -1.44% | -41.03% | +39.59% |
Average DrawdownAverage peak-to-trough decline | -10.62% | -43.13% | +32.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 6.65% | -4.39% |
Volatility
NBTK.DE vs. GN0M.DE - Volatility Comparison
The current volatility for Invesco Nasdaq Biotech UCITS ETF (NBTK.DE) is 6.41%, while Global X Genomics & Biotechnology UCITS ETF (GN0M.DE) has a volatility of 8.15%. This indicates that NBTK.DE experiences smaller price fluctuations and is considered to be less risky than GN0M.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NBTK.DE | GN0M.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 8.15% | -1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 14.11% | 19.69% | -5.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.00% | 27.68% | -8.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.30% | 31.49% | -11.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.05% | 31.49% | -9.44% |
NBTK.DE vs. GN0M.DE - Expense Ratio Comparison
NBTK.DE has a 0.40% expense ratio, which is lower than GN0M.DE's 0.50% expense ratio.
Dividends
NBTK.DE vs. GN0M.DE - Dividend Comparison
Neither NBTK.DE nor GN0M.DE has paid dividends to shareholders.
Frequently Asked Questions
NBTK.DE and GN0M.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NBTK.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NBTK.DE is cheaper with a 0.40% expense ratio, compared with 0.50% for GN0M.DE.
NBTK.DE tracks Nasdaq Biotechnology, while GN0M.DE tracks Solactive Genomics. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.40% for NBTK.DE and 0.50% for GN0M.DE.
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