TMED vs. BTEC

Last updated Jun 4, 2026

TMED (T. Rowe Price Health Care ETF) and BTEC (Principal Healthcare Innovators Index ETF) are both Health & Biotech Equities funds. TMED charges 0.44%/yr vs 0.42%/yr for BTEC.

Performance

TMED vs. BTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Health Care ETF (TMED) and Principal Healthcare Innovators Index ETF (BTEC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TMED

• 1D: 1.04%
• 1M: 2.47%
• YTD: 3.87%
• 6M: 4.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTEC

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

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

TMED vs. BTEC - Yearly Performance Comparison

	2026 (YTD)
TMED T. Rowe Price Health Care ETF	4.20%
BTEC Principal Healthcare Innovators Index ETF	0.00%

Return for Risk

TMED vs. BTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Health Care ETF (TMED) and Principal Healthcare Innovators Index ETF (BTEC). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TMED	BTEC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	—	—

Drawdowns

TMED vs. BTEC - Drawdown Comparison

The maximum TMED drawdown since its inception was -11.11%, which is greater than BTEC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TMED and BTEC.

Drawdown Indicators

	TMED	BTEC	Difference
Max Drawdown Largest peak-to-trough decline	-11.11%	0.00%	-11.11%
Current Drawdown Current decline from peak	-2.75%	0.00%	-2.75%
Average Drawdown Average peak-to-trough decline	-2.59%	0.00%	-2.59%

Volatility

Volatility by Period

	TMED	BTEC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.04%	0.00%	+18.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.04%	0.00%	+18.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.04%	0.00%	+18.04%

TMED vs. BTEC - Expense Ratio Comparison

TMED has a 0.44% expense ratio, which is higher than BTEC's 0.42% expense ratio.

Dividends

TMED vs. BTEC - Dividend Comparison

TMED's dividend yield for the trailing twelve months is around 0.52%, while BTEC has not paid dividends to shareholders.

Position	TTM	2025
BTEC Principal Healthcare Innovators Index ETF	0.00%	0.00%
TMED T. Rowe Price Health Care ETF	0.52%	0.54%

Frequently Asked Questions

Which ETF is better, TMED or BTEC?

On fees, BTEC is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TMED or BTEC?

BTEC is cheaper with a 0.42% expense ratio, compared with 0.44% for TMED.

Which ETF pays a higher dividend yield, TMED or BTEC?

TMED has the higher dividend yield at 0.52%, compared with 0.00% for BTEC.

What is the main difference between TMED and BTEC?

They also come from different issuers: T. Rowe Price and Principal. Their fees differ too: 0.44% for TMED and 0.42% for BTEC.