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TMEDvsIBBQETF Comparison

ETF 1

TMED

T. Rowe Price Health Care ETF

This fund is part of

US Health Care

-1.03%

Full TMED fund page

VS

ETF 2

IBBQ

Invesco Nasdaq Biotechnology ETF

This fund is part of

US Health Care

-1.03%

Full IBBQ fund page

T. Rowe Price Health Care ETF (TMED) and Invesco Nasdaq Biotechnology ETF (IBBQ) belong to the same industry segment: US Health Care. TMED's top 3 sector exposures are Healthcare, Consumer Non-Cyclicals and Non-Corporate. In contrast, IBBQ's top sector exposures are Healthcare and Non-Energy Materials. TMED is more expensive with a Total Expense Ratio (TER) of 0.44%, versus 0.19% for IBBQ. TMED is up 16.23% year-to-date (YTD) with +$15M in YTD flows. IBBQ performs better with 22.86% YTD performance, and +$38M in YTD flows. Run a side-by-side ETF comparison of TMED and IBBQ 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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TMED vs IBBQ performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 10/22/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	TMED IBBQ	-0.47%-0.34%	+2.02%+7.21%	+16.23%+22.86%	+21.78%+36.10%	n/a+90.27%	n/a+44.83%
Flows	TMED IBBQ	+$2M+$14M	+$10M+$35M	+$15M+$38M	+$16M+$56M	-+$74M	-+$52M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	TMED IBBQ	+19.33%+25.52%	+18.68%+22.48%	n/a+21.25%	n/a+22.22%
Max drawdown	TMED IBBQ	-10.10%-8.58%	-11.09%-8.58%	n/a-23.78%	n/a-34.86%
Max drawdown duration	TMED IBBQ	64d65d	125d65d	n/a375d	n/a1429d

Trading data

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	TMED	IBBQ
Last sale 10/23/2026 at 1:30 PM	$34.08	$34.52
Previous close 10/22/2026	$34.49	$34.92
Consolidated volume 10/22/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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TMED

is actively managed and doesn’t replicate an index

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	TMED	IBBQ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/23/2026 at 1:30 PM

Live

Closed

	TMED	IBBQ
Last price	$34.08	$34.52
1D performance	-1.20%	-1.15%
AuM	$34.50 M	$115.07 M
E/R	0.44%	0.19%

Characteristics

	TMED	IBBQ
Management strategy	Active	Passive
Provider	T. Rowe Price	Invesco
Benchmark	-	NASDAQ Biotechnology Index
N° of holdings	106	249
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 11, 2025	June 9, 2021
ESG	No	No

More TMED data on Trackinsight

More IBBQ data on Trackinsight

Exposure

Countries

TMED

USA

92.86%

Other

7.14%

IBBQ

USA

88.22%

Other

11.78%

Sectors

TMED

Healthcare

98.26%

Other

1.74%

IBBQ

Healthcare

99.99%

Other

0.01%

Diversification

TMED

Total weight of top 15 holdings out of 15

56.93%

IBBQ

Total weight of top 15 holdings out of 15

52.06%

Top 15 holdings

Data as of August 31, 2026

TMED

Eli Lilly & Co.

13.87%

UnitedHealth Group, Inc.

5.32%

Alnylam Pharmaceuticals, Inc.

5.20%

Thermo Fisher Scientific, Inc.

3.74%

Cencora, Inc.

3.65%

Insulet Corp.

3.23%

Gilead Sciences, Inc.

2.99%

Agilent Technologies, Inc.

2.85%

Elanco Animal Health, Inc.

2.63%

Dyne Therapeutics, Inc.

2.47%

Boston Scientific Corp.

2.25%

Stryker Corp.

2.21%

Danaher Corp.

2.20%

Waters Corp.

2.17%

West Pharmaceutical Services, Inc.

2.16%

IBBQ

Amgen, Inc.

8.60%

Vertex Pharmaceuticals, Inc.

8.10%

Gilead Sciences, Inc.

7.34%

Regeneron Pharmaceuticals, Inc.

5.26%

Moderna, Inc.

3.58%

Revolution Medicines, Inc.

2.97%

Illumina, Inc.

2.18%

Biogen, Inc.

2.07%

Alnylam Pharmaceuticals, Inc.

2.00%

argenx SE

1.84%

Royalty Pharma Plc

1.73%

Roivant Sciences Ltd.

1.71%

Insmed, Inc.

1.66%

Incyte Corp.

1.61%

United Therapeutics Corp.

1.42%

Frequently asked questions about TMED and IBBQ

How have the TMED and IBBQ ETFs performed in 2026?

As of October 22, 2026, TMED is up 16.23% year-to-date (YTD), while IBBQ has returned 22.86%. That puts IBBQ better performer ahead so far this year.

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

Year-to-date, the TMED ETF saw +$15M in flows, compared to +$38M for IBBQ.

Which ETF is more volatile: TMED or IBBQ?

Over the past year, TMED had a volatility of 18.68%, while IBBQ experienced 22.48%.

Which ETF is bigger: TMED or IBBQ?

As of October 22, 2026, TMED holds $34.50 M in assets under management (AUM), while IBBQ manages $115.07 M.

What sectors do the TMED and IBBQ ETFs invest in?

TMED leans toward sectors like Healthcare. Meanwhile, IBBQ focuses on Healthcare.

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

TMED top holdings include Eli Lilly & Co., UnitedHealth Group, Inc. and Alnylam Pharmaceuticals, Inc.. IBBQ holds in its top three: Amgen, Inc., Vertex Pharmaceuticals, Inc. and Gilead Sciences, Inc..

TMEDvsIBBQETF Comparison

T. Rowe Price Health Care ETF

Invesco Nasdaq Biotechnology ETF

TMED vs IBBQ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the TMED and IBBQ ETFs performed in 2026?

As of October 22, 2026, TMED is up 16.23% year-to-date (YTD), while IBBQ has returned 22.86%. That puts IBBQ better performer ahead so far this year.

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

Year-to-date, the TMED ETF saw +$15M in flows, compared to +$38M for IBBQ.

Which ETF is more volatile: TMED or IBBQ?

Over the past year, TMED had a volatility of 18.68%, while IBBQ experienced 22.48%.

Which ETF is bigger: TMED or IBBQ?

As of October 22, 2026, TMED holds $34.50 M in assets under management (AUM), while IBBQ manages $115.07 M.

What sectors do the TMED and IBBQ ETFs invest in?

TMED leans toward sectors like Healthcare. Meanwhile, IBBQ focuses on Healthcare.

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

TMED top holdings include Eli Lilly & Co., UnitedHealth Group, Inc. and Alnylam Pharmaceuticals, Inc.. IBBQ holds in its top three: Amgen, Inc., Vertex Pharmaceuticals, Inc. and Gilead Sciences, Inc..

Which ETF is more diversified: TMED or IBBQ?

TMED holds 106 securities with 56.93% of its assets in the top 15. IBBQ has 249 securities and a top 15 weight of 52.06%.

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