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PJPvsTMEDETF Comparison

ETF 1
PJP

Invesco Dynamic Pharmaceuticals ETF

This fund is part of
US Health Care
-0.09%
VS
ETF 2
TMED

T. Rowe Price Health Care ETF

This fund is part of
US Health Care
-0.09%

Invesco Dynamic Pharmaceuticals ETF (PJP) and T. Rowe Price Health Care ETF (TMED) belong to the same industry segment: US Health Care. Both ETFs have the same top 3 sector exposures: and Health Care. PJP is more expensive with a Total Expense Ratio (TER) of 0.57%, versus 0.44% for TMED. PJP is up 8.46% year-to-date (YTD) with +$7M in YTD flows. TMED performs worse with 6.87% YTD performance, and +$4M in YTD flows. Run a side-by-side ETF comparison of PJP 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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PJP vs TMED performance and flow charts

Performance

-2.00.02.04.06.0%May 12May 19May 26Jun 2Jun 9

Cumulative Flows

-6 M-4 M-2 M0 M2 MMay 12May 19May 26Jun 2Jun 9

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Historic performance and flows
Data as of 06/15/2026
1M3MYTD1Y3Y5Y
Perf.
PJP
TMED
+6.97%+3.76%
+10.25%+10.48%
+8.46%+6.87%
+39.71%+27.87%
+52.22%n/a
+47.00%n/a
Flows
PJP
TMED
-$6M+$2M
-$82M+$2M
+$7M+$4M
+$18M+$18M
-$62M-
-$113M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
PJP
TMED
+19.27%+20.90%
+16.63%+18.16%
+15.81%n/a
+16.19%n/a
Max drawdown
PJP
TMED
-4.05%-5.14%
-9.42%-11.09%
-16.11%n/a
-17.41%n/a
Max drawdown duration
PJP
TMED
7d31d
108d125d
275dn/a
788dn/a
Trading data

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PJP
TMED
Last sale
6/15/2026 at 7:59 PM
$113.02
$32.05
Previous close
06/15/2026
$113.85
$31.80
Consolidated volume
06/15/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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TMED
is actively managed and doesn’t replicate an index

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PJP
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 6/15/2026 at 7:59 PM
Live
Closed
PJP
TMED
Last price
$113.02
$32.05
1D performance
-0.73%
+0.80%
AuM$346.98 M$22.20 M
E/R0.57%0.44%
Characteristics
PJP
TMED
Management strategyPassiveActive
ProviderInvescoT. Rowe Price
BenchmarkDynamic Pharmaceutical Intellidex Index-
N° of holdings2974
Asset classEquities-
Trailing 12m distribution yield
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Inception dateJune 23, 2005June 11, 2025
ESGNoNo
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Exposure

Countries

PJP
USA
94.24%
Other
5.76%
TMED
USA
85.53%
Other
14.47%

Sectors

PJP
Health Care
100%
Other
0%
TMED
Health Care
87.36%
Other
12.64%
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Diversification

PJP

Total weight of top 15 holdings out of 15

62.71%
TMED

Total weight of top 15 holdings out of 15

53.6%

Top 15 holdings

Data as of April 30, 2026
PJP
PFIZER
5.28%
JOHNSON&JOHNSON
4.90%
MERCK & CO INC
4.76%
AMGEN-T
4.75%
GILEAD SCIENCES
4.63%
ABBVIE
4.62%
LILLY
4.46%
ABBOTT LABS
4.33%
TRAVERE THERAPEUTICS INC
3.91%
LIGAND PHARMACEUTICALS
3.79%
CORCEPT THERAPEUTICS
3.75%
UTD THERAPEUT
3.55%
JAZZ PHARMACEUTICALS
3.43%
LIQUIDIA CORPORATION
3.29%
HARMONY BIOSCIENCES HLDG
3.26%
TMED
LILLY
14.29%
UNITEDHEALTH GRP
8.22%
GILEAD SCIENCES
4.61%
THERMO FISHER SCIENTIFIC
4.23%
ABBOTT LABS
3.82%
DANAHER
2.60%
STRYKER
2.08%
HUMANA
1.91%
DYNE THERAPEUTICS INC
1.79%
ALNYLAM PHARMACEUTICALS
1.75%
WEST PHARM SVCS
1.75%
BOSTON SCIENTIFIC
1.72%
WATERS
1.64%
AGILENT TECHNOLOGIES
1.63%
MEDTRONIC PLC
1.56%
Frequently asked questions about PJP and TMED

How have the PJP and TMED ETFs performed in 2026?

As of June 15, 2026, PJP is up 8.46% year-to-date (YTD), while TMED has returned 6.87%. That puts PJP better performer ahead so far this year.

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

Year-to-date, the PJP ETF saw +$7M in flows, compared to +$4M for TMED.

Which ETF is more volatile: PJP or TMED?

Over the past year, PJP had a volatility of 16.63%, while TMED experienced 18.16%.

Which ETF is bigger: PJP or TMED?

As of June 15, 2026, PJP holds $346.98 M in assets under management (AUM), while TMED manages $22.20 M.

What sectors do the PJP and TMED ETFs invest in?

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

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

PJP top holdings include PFIZER, JOHNSON&JOHNSON and MERCK & CO INC. TMED holds in its top three: LILLY, UNITEDHEALTH GRP and GILEAD SCIENCES.

Which ETF is more diversified: PJP or TMED?

PJP holds 29 securities with 62.71% of its assets in the top 15. TMED has 79 securities and a top 15 weight of 53.6%.

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