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IBBQvsTMEDETF Comparison

ETF 1
IBBQ

Invesco Nasdaq Biotechnology ETF

This fund is part of
US Health Care
-0.31%
Full IBBQ fund page
VS
ETF 2
TMED

T. Rowe Price Health Care ETF

This fund is part of
US Health Care
-0.31%
Full TMED fund page

Invesco Nasdaq Biotechnology ETF (IBBQ) and T. Rowe Price Health Care ETF (TMED) belong to the same industry segment: US Health Care. IBBQ's top 3 sector exposures are Health Care and Consumer Staples. In contrast, TMED's top sector exposures are Health Care and Financials. IBBQ is less expensive with a Total Expense Ratio (TER) of 0.19%, versus 0.44% for TMED. IBBQ is up 3.54% year-to-date (YTD) with +$8M in YTD flows. TMED performs worse with 0.13% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of IBBQ and TMED below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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IBBQ vs TMED performance and flow charts

Performance

-2.0-1.00.01.02.03.04.0%Feb 10Feb 18Feb 25Mar 4Mar 11

Cumulative Flows

0 M0.5 M1 M1.5 M2 M2.5 M3 MFeb 10Feb 18Feb 25Mar 4Mar 11

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
IBBQ
TMED
-0.23%+1.16%
+3.22%+1.57%
+3.54%+0.13%
+33.90%n/a
+50.91%n/a
n/an/a
Flows
IBBQ
TMED
+$2M+$1M
+$13M+$4M
+$8M+$3M
+$21M-
+$41M-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
IBBQ
TMED
+19.87%+16.57%
+22.98%n/a
+19.25%n/a
n/an/a
Max drawdown
IBBQ
TMED
-4.51%-7.14%
-17.24%n/a
-23.78%n/a
n/an/a
Max drawdown duration
IBBQ
TMED
15d47d
127dn/a
375dn/a
n/an/a
Trading data

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IBBQ
TMED
Last sale
3/11/2026 at 7:59 PM
$29.38
$29.06
Previous close
03/11/2026
$29.56
$29.57
Consolidated volume
03/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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TMED
is actively managed and doesn’t replicate an index

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IBBQ
TMED
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/11/2026 at 7:59 PM
Live
Closed
IBBQ
TMED
Last price
$29.38
$29.06
1D performance
-0.61%
-1.75%
AuM$74.04 M$19.32 M
E/R0.19%0.44%
Characteristics
IBBQ
TMED
Management strategyPassiveActive
ProviderInvescoT. Rowe Price
BenchmarkNASDAQ Biotechnology Index-
N° of holdings19674
Asset classEquities-
Trailing 12m distribution yield
Join
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Inception dateJune 9, 2021June 11, 2025
ESGNoNo
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Exposure

Countries

IBBQ
USA
93.84%
Other
6.16%
TMED
USA
85.25%
Other
14.75%

Sectors

IBBQ
Health Care
85.82%
Other
14.18%
TMED
Health Care
86.52%
Other
13.48%
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Diversification

IBBQ

Total weight of top 15 holdings out of 15

52.08%
TMED

Total weight of top 15 holdings out of 15

56.46%

Top 15 holdings

Data as of January 31, 2026
IBBQ
VERTEX PHARMACEUTICALS
8.96%
GILEAD SCIENCES
8.92%
AMGEN-T
8.25%
REGENERON PHARMACEUTICALS
5.90%
ALNYLAM PHARMACEUTICALS
3.58%
INSMED
2.55%
BIOGEN INC
1.90%
US04016X1019
1.82%
ILLUMINA
1.75%
UTD THERAPEUT
1.53%
INCYTE
1.51%
REVOLUTION MEDICINES INC
1.42%
MODERNA INC
1.41%
ROYALTY PHARMA
1.30%
MEDPACE HOLDINGS INC
1.27%
TMED
LILLY
15.36%
UNITEDHEALTH GRP
6.90%
GILEAD SCIENCES
4.56%
ABBOTT LABS
4.23%
THERMO FISHER SCIENTIFIC
3.98%
DANAHER
3.15%
BECTON DICKINSON AND CO
2.59%
ELANCO ANIMAL HEALTH INC
2.53%
CYTOKINETICS
2.50%
MEDTRONIC PLC
2.22%
ERASCA
1.89%
AMERISOURCEBERGEN
1.78%
STRYKER
1.67%
ARCELLX
1.57%
DYNE THERAPEUTICS INC
1.53%
Frequently asked questions about IBBQ and TMED

How have the IBBQ and TMED ETFs performed in 2026?

As of March 11, 2026, IBBQ is up 3.54% year-to-date (YTD), while TMED has returned 0.13%. That puts IBBQ better performer ahead so far this year.

Which ETF is attracting more investor money: IBBQ or TMED?

Year-to-date, the IBBQ ETF saw +$8M in flows, compared to +$3M for TMED.

Which ETF is bigger: IBBQ or TMED?

As of March 11, 2026, IBBQ holds $74.04 M in assets under management (AUM), while TMED manages $19.32 M.

What sectors do the IBBQ and TMED ETFs invest in?

IBBQ leans toward sectors like Health Care. Meanwhile, TMED focuses on Health Care.

What are the top holdings of the IBBQ ETF and TMED ETF?

IBBQ top holdings include VERTEX PHARMACEUTICALS, GILEAD SCIENCES and AMGEN-T. TMED holds in its top three: LILLY, UNITEDHEALTH GRP and GILEAD SCIENCES.

Which ETF is more diversified: IBBQ or TMED?

IBBQ holds 262 securities with 52.08% of its assets in the top 15. TMED has 80 securities and a top 15 weight of 56.46%.

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