PPH vs. GERM

Last updated Jun 4, 2026

PPH (VanEck Vectors Pharmaceutical ETF) and GERM (Amplify Treatments, Testing and Advancements ETF) are both Health & Biotech Equities funds - PPH tracks the MVIS US Listed Pharmaceutical 25 Index while GERM tracks the Prime Treatments, Testing and Advancements Index. Both are passively managed. Over the past year, PPH returned 17.87% vs 0.00% for GERM. PPH charges 0.36%/yr vs 0.68%/yr for GERM.

Performance

PPH vs. GERM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Pharmaceutical ETF (PPH) and Amplify Treatments, Testing and Advancements ETF (GERM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PPH

• 1D: 0.33%
• 1M: -0.56%
• YTD: -0.76%
• 6M: 2.14%
• 1Y: 17.87%
• 3Y*: 12.03%
• 5Y*: 9.22%
• 10Y*: 7.46%

GERM

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 0.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PPH vs. GERM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PPH VanEck Vectors Pharmaceutical ETF	-0.76%	22.00%	-9.93%
GERM Amplify Treatments, Testing and Advancements ETF	0.00%	0.00%	0.00%

PPH vs. GERM - Sectors Allocation Comparison

Sectors	PPH	GERM
Healthcare	100.0%	99.3%
Industrials	0.1%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.4%
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

PPH vs. GERM — Risk / Return Rank

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

PPH

PPH Risk / Return Rank: 29
PPH Sharpe Ratio Rank: 28
PPH Sortino Ratio Rank: 30
PPH Omega Ratio Rank: 28
PPH Calmar Ratio Rank: 33
PPH Martin Ratio Rank: 27

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.

PPH vs. GERM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Pharmaceutical ETF (PPH) and Amplify Treatments, Testing and Advancements ETF (GERM). 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.

	PPH	GERM	Difference
Sharpe ratio: Return per unit of total volatility	1.04	—	—
Sortino ratio: Return per unit of downside risk	1.64	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	1.67	—	—
Martin ratio: Return relative to average drawdown	3.88	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PPH	GERM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	—	—

Drawdowns

PPH vs. GERM - Drawdown Comparison

The maximum PPH drawdown since its inception was -51.45%, which is greater than GERM's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for PPH and GERM.

Drawdown Indicators

	PPH	GERM	Difference
Max Drawdown Largest peak-to-trough decline	-51.45%	0.00%	-51.45%
Max Drawdown (1Y) Largest decline over 1 year	-10.76%	0.00%	-10.76%
Max Drawdown (3Y) Largest decline over 3 years	-18.06%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.26%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.70%	—	—
Current Drawdown Current decline from peak	-8.34%	0.00%	-8.34%
Average Drawdown Average peak-to-trough decline	-17.31%	0.00%	-17.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.61%	0.00%	+4.61%

Volatility

PPH vs. GERM - Volatility Comparison

VanEck Vectors Pharmaceutical ETF (PPH) has a higher volatility of 4.73% compared to Amplify Treatments, Testing and Advancements ETF (GERM) at 0.00%. This indicates that PPH's price experiences larger fluctuations and is considered to be riskier than GERM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PPH	GERM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.73%	0.00%	+4.73%
Volatility (6M) Calculated over the trailing 6-month period	11.67%	0.00%	+11.67%
Volatility (1Y) Calculated over the trailing 1-year period	17.26%	0.00%	+17.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.07%	0.00%	+15.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.96%	0.00%	+16.96%

PPH vs. GERM - Expense Ratio Comparison

PPH has a 0.36% expense ratio, which is lower than GERM's 0.68% expense ratio.

Dividends

PPH vs. GERM - Dividend Comparison

PPH's dividend yield for the trailing twelve months is around 2.12%, while GERM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GERM Amplify Treatments, Testing and Advancements ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PPH VanEck Vectors Pharmaceutical ETF	2.12%	1.78%	1.98%	2.09%	1.55%	1.62%	1.66%	1.77%	1.97%	1.92%	2.43%	1.93%

Frequently Asked Questions

Which is riskier, PPH or GERM?

PPH has higher volatility (4.73%) compared to GERM (0.00%). In terms of maximum drawdown, PPH dropped -51.45% vs GERM's 0.00%.

Which ETF is better, PPH or GERM?

On 1-year performance, PPH leads with 17.87% vs 0.00% for GERM. On fees, PPH is cheaper at 0.36% per year. On volatility, GERM has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PPH or GERM?

Over the 1-year period, PPH has performed better with a 17.87% return vs 0.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PPH or GERM?

PPH is cheaper with a 0.36% expense ratio, compared with 0.68% for GERM.

Which ETF pays a higher dividend yield, PPH or GERM?

PPH has the higher dividend yield at 2.12%, compared with 0.00% for GERM.

What is the main difference between PPH and GERM?

PPH tracks MVIS US Listed Pharmaceutical 25 Index, while GERM tracks Prime Treatments, Testing and Advancements Index. They also come from different issuers: VanEck and Amplify. Their fees differ too: 0.36% for PPH and 0.68% for GERM.