PHDG vs IBBQ
Comparison between INVESCO S&P 500 DOWNSIDE HEDGED ETF (PHDG, ETF) and INVESCO NASDAQ BIOTECHNOLOGY ETF (IBBQ, ETF).
5-Year PerformancePHDG has outperformed IBBQ, delivering a return of +5.1% compared to +3.5%
PHDG vs IBBQ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
PHDG
$65M
IBBQ
$65M
Expense Ratio
PHDG
0.39%
Winner
IBBQ
0.19%
Max Drawdown
Winner
PHDG
23.59%
IBBQ
38.42%
Sharpe Ratio
Winner
PHDG
1.84
IBBQ
1.64
5Y Beta
Winner
PHDG
0.30
IBBQ
0.75
P/E Ratio
PHDG
28.95
Winner
IBBQ
-44.80
Forward P/E
PHDG
22.35
Winner
IBBQ
15.34
5Y Dividends CAGR
PHDG
28.74%
IBBQ
N/A
5Y EPS CAGR
Winner
PHDG
25.98%
IBBQ
17.26%
Debt to Equity
Winner
PHDG
32.48%
IBBQ
65.59%
P/S Ratio
Winner
PHDG
3.76
IBBQ
6.56
P/B Ratio
PHDG
5.60
Winner
IBBQ
4.67
PHDG vs IBBQ - Holdings Comparison
PHDG and IBBQ have 9 common holdings. Overlap is 0.45%
PHDG's top 25 holdings weight is 68.98%. IBBQ's top 25 holdings weight is 60.96%.
| Rank | PHDG | IBBQ |
|---|---|---|
| #1 | E-MINI S&P 500 FUTURE JUNE 26 (n/a) - 19.66% | GILEAD SCIENCES INC (GILD) - 7.45% |
| #2 | INVESCO PREMIER US GOVERNMENT MONEY INST (IUGXX) - 19.23% | VERTEX PHARMACEUTICALS INC (VRTX) - 7.29% |
| #3 | NVIDIA CORP (NVDA) - 4.76% | AMGEN INC (AMGN) - 7.19% |
| #4 | APPLE INC (AAPL) - 4.13% | REGENERON PHARMACEUTICALS INC (REGN) - 5.32% |
| #5 | MICROSOFT CORP (MSFT) - 2.82% | ALNYLAM PHARMACEUTICALS INC (ALNY) - 3.16% |
| #6 | AMAZON.COM INC (AMZN) - 2.36% | REVOLUTION MEDICINES INC ORDINARY SHARES (RVMD) - 2.48% |
| #7 | ALPHABET INC CLASS A (GOOGL) - 2.06% | BIOGEN INC (BIIB) - 2.29% |
| #8 | BROADCOM INC (AVGO) - 1.82% | UNITED THERAPEUTICS CORP (UTHR) - 2.05% |
| #9 | ALPHABET INC CLASS C (GOOG) - 1.64% | INSMED INC (INSM) - 1.89% |
| #10 | META PLATFORMS INC CLASS A (META) - 1.22% | ROYALTY PHARMA PLC CLASS A (RPRX) - 1.86% |
| #11 | TESLA INC (TSLA) - 1.11% | ARGENX SE ADR (ARGX) - 1.85% |
| #12 | MICRON TECHNOLOGY INC (MU) - 0.92% | ILLUMINA INC (ILMN) - 1.79% |
| #13 | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 0.81% | ROIVANT SCIENCES LTD ORDINARY SHARES (ROIV) - 1.71% |
| #14 | ELI LILLY AND CO (LLY) - 0.77% | INCYTE CORP (INCY) - 1.56% |
| #15 | JPMORGAN CHASE & CO (JPM) - 0.75% | VIATRIS INC (VTRS) - 1.51% |
| #16 | ADVANCED MICRO DEVICES INC (AMD) - 0.75% | MODERNA INC (MRNA) - 1.50% |
| #17 | EXXON MOBIL CORP (XOM) - 0.57% | GUARDANT HEALTH INC (GH) - 1.27% |
| #18 | INTEL CORP (INTC) - 0.53% | NEUROCRINE BIOSCIENCES INC (NBIX) - 1.26% |
| #19 | JOHNSON & JOHNSON (JNJ) - 0.51% | ASCENDIS PHARMA AS (ASND) - 1.19% |
| #20 | VISA INC CLASS A (V) - 0.50% | JAZZ PHARMACEUTICALS PLC (JAZZ) - 1.18% |
| #21 | WALMART INC (WMT) - 0.47% | SUMMIT THERAPEUTICS INC ORDINARY SHARES (SMMT) - 1.06% |
| #22 | CISCO SYSTEMS INC (CSCO) - 0.43% | BRIDGEBIO PHARMA INC (BBIO) - 1.06% |
| #23 | COSTCO WHOLESALE CORP (COST) - 0.41% | EXELIXIS INC (EXEL) - 1.05% |
| #24 | CATERPILLAR INC (CAT) - 0.38% | IONIS PHARMACEUTICALS INC (IONS) - 1.01% |
| #25 | MASTERCARD INC CLASS A (MA) - 0.37% | MEDPACE HOLDINGS INC (MEDP) - 0.98% |
| Total Holdings | 508 | 260 |
PHDG vs IBBQ - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PHDG
+1.95%
IBBQ
-1.15%
3M
Winner
PHDG
+8.98%
IBBQ
+0.50%
6M
Winner
PHDG
+9.94%
IBBQ
+2.07%
1Y
PHDG
+23.81%
Winner
IBBQ
+40.49%
5Y(CAGR)
Winner
PHDG
+5.07%
IBBQ
+3.55%
10Y(CAGR)
PHDG
+6.99%
IBBQ
N/A
Max(CAGR)
Winner
PHDG
+5.79%
IBBQ
+3.55%
PHDG vs IBBQ - Annual Returns (2012 - 2026)
Returns include dividend reinvestment.
| Year | PHDG | IBBQ |
|---|---|---|
| 2026 | +12.04% | +2.65% |
| 2025 | +2.46% | +32.76% |
| 2024 | +11.96% | -2.37% |
| 2023 | +8.79% | +5.49% |
| 2022 | -14.38% | -10.89% |
| 2021 | +16.13% | -6.71% |
| 2020 | +18.15% | N/A |
| 2019 | +8.89% | N/A |
| 2018 | -3.39% | N/A |
| 2017 | +15.36% | N/A |
| 2016 | -0.25% | N/A |
| 2015 | -9.72% | N/A |
| 2014 | +6.86% | N/A |
| 2013 | +12.19% | N/A |
| 2012 | -0.01% | N/A |
PHDG vs IBBQ Drawdown Comparison
The maximum drawdown for PHDG was -17.69%, occurring on Nov 3, 2016. Recovery took 759 trading sessions.
The maximum drawdown for IBBQ was -37.94%, occurring on Jun 13, 2022. Recovery took 1062 trading sessions.
The current PHDG drawdown is -3.15%. The current IBBQ drawdown is -4.55%.
| Rank | PHDG | IBBQ |
|---|---|---|
| #1 | -17.69% Dec 5, 2014 - Dec 11, 2017 | -37.94% Aug 9, 2021 - Oct 30, 2025 |
| #2 | -17.06% Dec 27, 2021 - Jun 12, 2024 | -8.34% Feb 24, 2026 - Apr 14, 2026 |
| #3 | -15.87% Mar 18, 2020 - Aug 24, 2020 | -6.82% Apr 17, 2026 - Jun 2, 2026 |
| #4 | -14.79% Dec 4, 2024 - Mar 2, 2026 | -4.66% Jul 1, 2021 - Aug 3, 2021 |
| #5 | -12.79% Feb 6, 2018 - Mar 12, 2020 | -3.73% Jan 22, 2026 - Feb 24, 2026 |
| #6 | -10.06% Sep 2, 2020 - Apr 15, 2021 | -3.65% Nov 28, 2025 - Dec 22, 2025 |
| #7 | -6.11% Aug 5, 2024 - Dec 4, 2024 | -3.53% Dec 24, 2025 - Jan 7, 2026 |
| #8 | -5.20% Aug 2, 2013 - Dec 23, 2013 | -3.00% Jan 7, 2026 - Jan 22, 2026 |
| #9 | -4.42% Sep 7, 2021 - Nov 2, 2021 | -2.38% Jun 11, 2021 - Jun 25, 2021 |
| #10 | -4.37% Jul 16, 2024 - Aug 5, 2024 | -2.06% Oct 31, 2025 - Nov 10, 2025 |
| #11 | -3.69% Apr 2, 2014 - Jun 9, 2014 | -1.85% Nov 18, 2025 - Nov 24, 2025 |
| #12 | -3.44% Dec 31, 2013 - Feb 28, 2014 | -1.32% Aug 5, 2021 - Aug 9, 2021 |
| #13 | -3.37% Mar 10, 2026 - Apr 8, 2026 | -0.71% Apr 15, 2026 - Apr 17, 2026 |
| #14 | -3.26% May 12, 2021 - Jul 2, 2021 | -0.48% Dec 22, 2025 - Dec 24, 2025 |
| #15 | -3.15% Jun 4, 2026 - Jun 5, 2026 | -0.23% Nov 12, 2025 - Nov 17, 2025 |
Correlation
Correlation between PHDG and IBBQ is 0.81 which considered as a strong positive correlation - the stocks tend to move together.
0.81
-101
Dividend Comparison (2012 - 2026)
PHDG vs IBBQ dividend yield comparison.
| Year | PHDG | IBBQ |
|---|---|---|
| 2026 | 0.36% | 0.12% |
| 2025 | 2.10% | 0.90% |
| 2024 | 1.94% | 1.14% |
| 2023 | 1.93% | 0.81% |
| 2022 | 1.35% | 0.76% |
| 2021 | 0.44% | 0.63% |
| 2020 | 0.63% | 0.00% |
| 2019 | 1.80% | 0.00% |
| 2018 | 1.56% | 0.00% |
| 2017 | 1.83% | 0.00% |
| 2016 | 2.29% | 0.00% |
| 2015 | 1.64% | 0.00% |
| 2014 | 5.46% | 0.00% |
| 2013 | 1.76% | 0.00% |
| 2012 | 0.09% | 0.00% |
Select Stocks to Compare
Popular: PHDG vs SPYIBBQ vs SPY
More Comparisons
Compare with similar stocks