Invesco Nasdaq Biotechnology ETF

Price: $18.52
Change: $0.15 (0.01%)
Category: n/a
Last Updated:


Issuer Invesco
Brand Invesco
Structure ETF
Expense Ratio 0.19%
ETF Home Page Home page
Inception Jun 11, 2021
Index Tracked NASDAQ / Biotechnology

Analyst Report

The Invesco Nasdaq Biotechnology ETF tracks a market-cap weighted index of biotechnology and pharmaceutical firms listed on the Nasdaq. Companies must have a minimum market capitalization of $200 million and meet certain daily trading thresholds. The index may include large-, mid- and small-cap companies, and caps are imposed on the weighting of Individual holdings. Invesco launched the fund in June 2020 with a temporary fee waiver that knocked the expense ratio to zero. Even without the fee waiver, IBBQ dramatically undercut the fees of similar ETFs in the same industry. The ETF quickly picked up assets but it has a long way to go to catch up to established rivals. Traders looking for short-term liquidity may want to compare trading against competing funds. For investors making a longer-term play, Invesco’s fund fees are hard to beat, though it’s worthwhile to comparison shop since the ETF industry has a long history of price wars.

ETF Database Themes

Category n/a
Asset Class Equity
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Equity: U.S. Pharma, Biotech & Life Sciences
Category Sector
Focus Health Care
Niche Pharma, Biotech & Life Sciences
Strategy Exchange-specific
Weighting Scheme Tiered

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $16.83
  • 52 Week Hi $27.56
  • AUM $23.4 M
  • Shares 1.3 M

Historical Trading Data

  • 1 Month Avg. Volume 16,187
  • 3 Month Avg. Volume 22,386

Alternative ETFs in the ETF Database n/a Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest GABF 0.00% $5.0 M N/A N/A
Largest (AUM) DFAC 0.19% $13.8 B 1 M -16.08%
Most Liquid (Volume) SARK 0.75% $439.1 M 4 M 75.50%
Top YTD Performer CLDS 0.99% $24.9 M 10,455 92.23%

Alternative ETFs in the FactSet Equity: U.S. Pharma, Biotech & Life Sciences Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest CNCR 0.79% $20.8 M 4,854 -38.61%
Largest (AUM) CNCR 0.79% $20.8 M 4,854 -38.61%
Most Liquid (Volume) CNCR 0.79% $20.8 M 4,854 -38.61%
Top YTD Performer CNCR 0.79% $20.8 M 4,854 -38.61%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

IBBQ ETF Database Category Average FactSet Segment Average
Number of Holdings 371 N/A 201
% of Assets in Top 10 53.38% N/A 53.65%
% of Assets in Top 15 61.86% N/A 66.27%
% of Assets in Top 50 82.41% N/A 91.22%

Size Comparison

IBBQ ETF Database Category Average FactSet Segment Average
Large (>12.9B) 61.55% N/A 47.25%
Mid (>2.7B) 20.78% N/A 17.64%
Small (>600M) 13.16% N/A 30.71%
Micro (<600M) 4.51% N/A 4.40%

IBBQ Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

IBBQ Dividend

This section compares the dividend yield of this ETF to its peers.

IBBQ ETF Database Category Average FactSet Segment Average
Dividend $ 0.04 N/A $ 0.17
Dividend Date 2021-09-20 N/A N/A
Annual Dividend Rate $ 0.04 N/A $ 0.16
Annual Dividend Yield 0.18% N/A 0.59%

IBBQ Price and Volume Charts

View charts featuring IBBQ price and volume data.

IBBQ Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 352.18 K 3 Month Net Flows: 1.51 M 6 Month Net Flows: -11.31 M 1 Year Net Flows: -29.37 M 3 Year Net Flows: -29.37 M 5 Year Net Flows: -29.37 M 10 Year Net Flows: -29.37 M

IBBQ Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for IBBQ on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the n/a with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity n/a n/a
Expenses n/a n/a

A+ Overall Rated ETF:

IBBQ Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Qualified dividends
Distributes K1 No
ESG Themes and Scores

IBBQ does not have an ESG score. There are no ESG themes that map to this ETF.

IBBQ Performance

This section shows how this ETF has performed relative to its peers.

IBBQ ETF Database
Category Average
Factset Segment
1 Month Return -10.66% -9.44% -8.43%
3 Month Return -7.10% -9.20% -9.04%
YTD Return -21.79% -11.14% -20.13%
1 Year Return N/A -1.91% -16.05%
3 Year Return N/A 0.43% -7.43%
5 Year Return N/A 0.51% -9.16%

Geographic Exposure

The following charts reflect the geographic spread of IBBQ's underlying holdings.

Region Percentage
North, Central and South America 100.02%
Europe 0.07%
Other -0.12%
Country Percentage
United States 83.54%
United Kingdom 5.16%
Ireland 3.91%
Germany 2.02%
France 1.62%
Netherlands 1.11%
Denmark 0.71%
Canada 0.71%
Switzerland 0.52%
China 0.36%
Spain 0.16%
Belgium 0.08%
Cayman Islands 0.07%
Hong Kong 0.06%
Israel 0.05%
Singapore 0.01%
Other -0.12%

Holdings Analysis

The following charts reflect the allocation of IBBQ's underlying holdings.

Sector Percentage
Health Technology 97.38%
Commercial Services 2.09%
Health Services 0.48%
Process Industries 0.07%
Technology Services 0.05%
Producer Manufacturing 0.02%
CASH -0.12%
Market Cap Percentage
Large 61.55%
Mid 20.78%
Small 13.16%
Micro 4.51%
Region Percentage
Asset Percentage
Share/Common/Ordinary 89.22%
American Depositary Receipt 10.87%
CASH -0.12%
Sector Percentage
Health Technology 97.38%
Commercial Services 2.09%
Health Services 0.48%
Process Industries 0.07%
Technology Services 0.05%
Producer Manufacturing 0.02%
CASH -0.12%

IBBQ Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 70.74%
20 Day Volatility 40.97%
50 Day Volatility 33.89%
200 Day Volatility 30.80%
Beta -1.44
Standard Deviation N/A
5 Day Volatility
63 of 362

20 Day Volatility
95 of 341

50 Day Volatility
88 of 311

200 Day Volatility
73 of 255

149 of 156

Standard Deviation
No Ranking Available


  • 20 Day MA $18.55
  • 60 Day MA $19.87
  • MACD 15 Period 0.26
  • MACD 100 Period -1.89
  • Williams % Range 10 Day 10.92
  • Williams % Range 20 Day 48.79
  • RSI 10 Day 49
  • RSI 20 Day 45
  • RSI 30 Day 44
  • Ultimate Oscillator 61

Bollinger Bands

  • Lower Bollinger (10 Day) $16.94
  • Upper Bollinger (10 Day) $18.89
  • Lower Bollinger (20 Day) $16.96
  • Upper Bollinger (20 Day) $20.14
  • Lower Bollinger (30 Day) $16.72
  • Upper Bollinger (30 Day) $21.94

Support & Resistance

  • Support Level 1 $18.29
  • Support Level 2 $18.05
  • Resistance Level 1 $18.67
  • Resistance Level 2 $18.81


  • Stochastic Oscillator %D (1 Day) 61.93
  • Stochastic Oscillator %D (5 Day) 70.77
  • Stochastic Oscillator %K (1 Day) 55.61
  • Stochastic Oscillator %K (5 Day) 65.05


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) 0.08
  • Maximum Premium Discount (%) 0.63
  • Average Spread (%) 3.82
  • Average Spread ($) 3.82

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

A fact sheet is not available for this ETF. Please visit the IBBQ ETF home page for more information.

Data Lineage

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