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XBIvsPBEETF Comparison

ETF 1
XBI

SPDR S&P Biotech ETF

This fund is part of
US Health Care
-2%
Full XBI fund page
VS
ETF 2
PBE

Invesco Dynamic Biotechnology & Genome ETF

This fund is part of
BioTech & Genomics
-0.87%
Full PBE fund page

SPDR S&P Biotech ETF (XBI) belongs to the US Health Care segment. Invesco Dynamic Biotechnology & Genome ETF (PBE) is part of the BioTech & Genomics segment. Both ETFs have the same top 3 sector exposures: and Health Care. XBI is less expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.58% for PBE. XBI is up 0.54% year-to-date (YTD) with -$130M in YTD flows. PBE performs worse with -7.11% YTD performance, and +$135K in YTD flows. Run a side-by-side ETF comparison of XBI and PBE 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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XBI vs PBE performance and flow charts

Performance

-6.0-4.0-2.00.02.04.0%Feb 12Feb 20Feb 27Mar 6

Cumulative Flows

-800 M-600 M-400 M-200 M0 M200 MFeb 12Feb 20Feb 27Mar 6

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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 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
XBI
PBE
-0.44%-5.55%
-0.07%-4.87%
+0.54%-7.11%
+41.14%+17.56%
+58.27%+26.51%
-15.85%+3.80%
Flows
XBI
PBE
-$508M-$3M
-$176M+$969K
-$130M+$135K
-$91M-$32M
-$1.72B-$56M
+$1.46B-$39M
Volatility and drawdown
3M1Y3Y5Y
Volatility
XBI
PBE
+26.44%+19.01%
+28.20%+22.33%
+27.30%+20.20%
+32.93%+22.79%
Max drawdown
XBI
PBE
-8.19%-11.05%
-21.44%-16.18%
-32.94%-22.21%
-57.63%-34.74%
Max drawdown duration
XBI
PBE
49d64d
141d107d
331d324d
1823d1540d
Trading data

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XBI
PBE
Last sale
3/13/2026 at 1:47 PM
$124.21
$76.18
Previous close
03/12/2026
$122.62
$78.26
Consolidated volume
03/12/2026
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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XBI
PBE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/13/2026 at 1:47 PM
Live
Closed
XBI
PBE
Last price
$124.21
$76.18
1D performance
+1.29%
-2.66%
AuM$7.79 B$240.98 M
E/R0.35%0.58%
Characteristics
XBI
PBE
Management strategyPassivePassive
ProviderSPDRInvesco
BenchmarkS&P Biotechnology Select Industry IndexDynamic Biotech & Genome Intellidex Index
N° of holdings12330
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateJanuary 31, 2006June 23, 2005
ESGNoNo
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Exposure

Countries

XBI
USA
94.51%
Other
5.49%
PBE
USA
94.25%
Other
5.75%

Sectors

XBI
Health Care
88.03%
Other
11.97%
PBE
Health Care
96.95%
Other
3.05%
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Diversification

XBI

Total weight of top 15 holdings out of 15

21.6%
PBE

Total weight of top 15 holdings out of 15

61.48%

Top 15 holdings

Data as of January 31, 2026
XBI
MODERNA INC
1.85%
MIRUM PHARMACEUTICALS INC
1.58%
REVOLUTION MEDICINES INC
1.52%
VAXCYTE
1.50%
AMICUS THERAPEUTICS
1.48%
US74006W2070
1.46%
ALKERMES
1.44%
GILEAD SCIENCES
1.43%
KRYSTAL BIOTECH INC
1.42%
HALOZYME THERAPEUTICS
1.40%
AMGEN-T
1.32%
CELCUITY INC
1.31%
ROIVANT SCIENCES LTD
1.30%
BRIDGEBIO PHARMA
1.30%
VERTEX PHARMACEUTICALS
1.29%
PBE
ILLUMINA
5.91%
GILEAD SCIENCES
5.35%
AMGEN-T
5.09%
REGENERON PHARMACEUTICALS
4.87%
UTD THERAPEUT
4.83%
BIOGEN INC
4.76%
INCYTE
4.70%
ALNYLAM PHARMACEUTICALS
4.05%
AMICUS THERAPEUTICS
3.83%
DYNAVAX TECHNOLOGIES
3.60%
NL0015002SN0
3.05%
ACADIA PHARMACEUTICALS
2.98%
MANNKIND
2.89%
BIO-TECHNE CORP
2.83%
EXELIXIS
2.74%
Frequently asked questions about XBI and PBE

How have the XBI and PBE ETFs performed in 2026?

As of March 12, 2026, XBI is up 0.54% year-to-date (YTD), while PBE has lost -7.11%. That puts XBI better performer ahead so far this year.

Which ETF is attracting more investor money: XBI or PBE?

Year-to-date, the XBI ETF saw -$130M in flows, compared to +$135K for PBE.

Which ETF is more volatile: XBI or PBE?

Over the past year, XBI had a volatility of 28.2%, while PBE experienced 22.33%.

Which ETF is bigger: XBI or PBE?

As of March 12, 2026, XBI holds $7.79 B in assets under management (AUM), while PBE manages $240.98 M.

What sectors do the XBI and PBE ETFs invest in?

XBI leans toward sectors like Health Care. Meanwhile, PBE focuses on Health Care.

What are the top holdings of the XBI ETF and PBE ETF?

XBI top holdings include MODERNA INC, MIRUM PHARMACEUTICALS INC and REVOLUTION MEDICINES INC. PBE holds in its top three: ILLUMINA, GILEAD SCIENCES and AMGEN-T.

Which ETF is more diversified: XBI or PBE?

XBI holds 149 securities with 21.6% of its assets in the top 15. PBE has 30 securities and a top 15 weight of 61.48%.

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