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XBI vs. IBBQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XBI and IBBQ is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

XBI vs. IBBQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Biotech ETF (XBI) and Invesco Nasdaq Biotechnology ETF (IBBQ). The values are adjusted to include any dividend payments, if applicable.

-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-32.69%
-12.95%
XBI
IBBQ

Key characteristics

Sharpe Ratio

XBI:

0.41

IBBQ:

0.30

Sortino Ratio

XBI:

0.74

IBBQ:

0.53

Omega Ratio

XBI:

1.09

IBBQ:

1.06

Calmar Ratio

XBI:

0.20

IBBQ:

0.22

Martin Ratio

XBI:

1.29

IBBQ:

1.17

Ulcer Index

XBI:

8.18%

IBBQ:

4.61%

Daily Std Dev

XBI:

25.90%

IBBQ:

17.78%

Max Drawdown

XBI:

-63.89%

IBBQ:

-37.94%

Current Drawdown

XBI:

-47.44%

IBBQ:

-19.06%

Returns By Period

In the year-to-date period, XBI achieves a 2.37% return, which is significantly higher than IBBQ's -0.54% return.


XBI

YTD

2.37%

1M

-3.20%

6M

-1.05%

1Y

4.32%

5Y*

-1.28%

10Y*

4.32%

IBBQ

YTD

-0.54%

1M

-2.44%

6M

-4.45%

1Y

3.97%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


XBI vs. IBBQ - Expense Ratio Comparison

XBI has a 0.35% expense ratio, which is higher than IBBQ's 0.00% expense ratio.


XBI
SPDR S&P Biotech ETF
Expense ratio chart for XBI: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for IBBQ: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

XBI vs. IBBQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Biotech ETF (XBI) 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.


Sharpe ratio
The chart of Sharpe ratio for XBI, currently valued at 0.41, compared to the broader market0.002.004.000.410.30
The chart of Sortino ratio for XBI, currently valued at 0.74, compared to the broader market-2.000.002.004.006.008.0010.000.740.53
The chart of Omega ratio for XBI, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.091.06
The chart of Calmar ratio for XBI, currently valued at 0.26, compared to the broader market0.005.0010.0015.000.260.22
The chart of Martin ratio for XBI, currently valued at 1.29, compared to the broader market0.0020.0040.0060.0080.00100.001.291.17
XBI
IBBQ

The current XBI Sharpe Ratio is 0.41, which is higher than the IBBQ Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of XBI and IBBQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.41
0.30
XBI
IBBQ

Dividends

XBI vs. IBBQ - Dividend Comparison

XBI's dividend yield for the trailing twelve months is around 0.14%, less than IBBQ's 0.85% yield.


TTM20232022202120202019201820172016201520142013
XBI
SPDR S&P Biotech ETF
0.14%0.02%0.00%0.04%0.20%0.00%0.28%0.24%0.26%0.61%1.07%0.17%
IBBQ
Invesco Nasdaq Biotechnology ETF
0.85%0.81%0.76%0.62%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

XBI vs. IBBQ - Drawdown Comparison

The maximum XBI drawdown since its inception was -63.89%, which is greater than IBBQ's maximum drawdown of -37.94%. Use the drawdown chart below to compare losses from any high point for XBI and IBBQ. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-34.07%
-19.06%
XBI
IBBQ

Volatility

XBI vs. IBBQ - Volatility Comparison

SPDR S&P Biotech ETF (XBI) has a higher volatility of 7.92% compared to Invesco Nasdaq Biotechnology ETF (IBBQ) at 5.84%. This indicates that XBI's price experiences larger fluctuations and is considered to be riskier than IBBQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
7.92%
5.84%
XBI
IBBQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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