PBE vs. TRUH
PBE (Invesco Dynamic Biotechnology & Genome ETF) and TRUH (VanEck Healthcare TruSector ETF) are both Health & Biotech Equities funds. PBE is passively managed, while TRUH is actively managed. Their 0.70 correlation means they have sometimes moved together and sometimes differently. PBE charges 0.59%/yr vs 0.10%/yr for TRUH.
Performance
PBE vs. TRUH - Performance Comparison
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Returns By Period
PBE
- 1D
- -1.64%
- 1M
- -2.64%
- 6M
- 10.64%
- YTD
- 10.26%
- 1Y
- 39.36%
- 3Y*
- 13.77%
- 5Y*
- 3.98%
- 10Y*
- 8.19%
- ALL TIME*
- 9.16%
TRUH
- 1D
- -0.52%
- 1M
- -0.28%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $494.21K | $657.50K | $547.45K | |
| $23.58K | $32.63K | $24.16K |
PBE vs. TRUH - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
PBE Invesco Dynamic Biotechnology & Genome ETF | 13.72% |
TRUH VanEck Healthcare TruSector ETF | 10.96% |
Correlation
The correlation between PBE and TRUH is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026 | 0.70 |
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Return for Risk
PBE vs. TRUH — Risk / Return Rank
PBE
TRUH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PBE vs. TRUH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Biotechnology & Genome ETF (PBE) and VanEck Healthcare TruSector ETF (TRUH). 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.
| PBE | TRUH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.42 | — | — |
| Martin ratioReturn relative to average drawdown | 9.57 | — | — |
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Drawdowns
PBE vs. TRUH - Drawdown Comparison
The maximum PBE drawdown since its inception was -45.69%, which is greater than TRUH's maximum drawdown of -4.51%. Use the drawdown chart below to compare losses from any high point for PBE and TRUH.
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Drawdown Indicators
| PBE | TRUH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.69% | -4.51% | -41.18% |
Max Drawdown (1Y)Largest decline over 1 year | -11.73% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -22.43% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.71% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -37.84% | — | — |
Current DrawdownCurrent decline from peak | -3.83% | -2.75% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -16.13% | -1.64% | -14.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.18% | — | — |
Volatility
PBE vs. TRUH - Volatility Comparison
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Volatility by Period
| PBE | TRUH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 13.56% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.83% | 17.62% | +1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.50% | 17.62% | +4.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.73% | 17.62% | +7.11% |
PBE vs. TRUH - Expense Ratio Comparison
PBE has a 0.59% expense ratio, which is higher than TRUH's 0.10% expense ratio.
Dividends
PBE vs. TRUH - Dividend Comparison
PBE's dividend yield for the trailing twelve months is around 1.73%, more than TRUH's 0.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBE Invesco Dynamic Biotechnology & Genome ETF | 1.73% | 1.00% | 0.05% | 0.02% | 0.00% | 0.00% | 0.04% | 0.00% | 0.00% | 0.57% | 0.38% | 1.12% |
TRUH VanEck Healthcare TruSector ETF | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PBE and TRUH have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TRUH is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRUH is cheaper with a 0.10% expense ratio, compared with 0.59% for PBE.
PBE has the higher dividend yield at 1.73%, compared with 0.30% for TRUH.
They also come from different issuers: Invesco and VanEck. Their fees differ too: 0.59% for PBE and 0.10% for TRUH.
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