IBBQ

Invesco Nasdaq Biotechnology ETF

$27.51

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Invesco Nasdaq Biotechnology ETF (IBBQ) seeks to track the investment results of an index that is designed to provide exposure to companies engaged in the biotechnology industry.

Overview

ETF tracking Invesco Nasdaq Biotechnology ETF

Category Technology

Issuer Invesco

Inception Date 2021-06-11

Market Cap $42.9M

Average Volume N/A

Dividend Yield 0.82%

52-Week Range $18.67 - $27.58

VWAP $27.57

Performance

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Investment Summary

📎 Investment Objective

The Invesco Nasdaq Biotechnology ETF (IBBQ) seeks to track the investment results of an index that is designed to provide exposure to companies engaged in the biotechnology industry.

🎯 Investment Strategy

The ETF employs a passive management approach, attempting to replicate the performance of the Nasdaq Biotechnology Index. It invests primarily in companies listed on the Nasdaq Biotechnology Index, which includes securities of biotechnology and pharmaceutical companies.

✨ Key Features

Provides exposure to the biotechnology industry through a portfolio of companies listed on the Nasdaq Biotechnology Index
Passively managed to track the performance of the underlying index
Low expense ratio of 0.00%
Relatively new ETF with limited performance history

⚠️ Primary Risks

Sector concentration risk as the fund is focused solely on the biotechnology industry
Volatility risk as biotechnology stocks can be subject to significant price swings
Lack of diversification outside of the biotechnology sector
Limited performance history and assets under management

👤 Best For

The Invesco Nasdaq Biotechnology ETF may be suitable for investors seeking exposure to the biotechnology industry as part of a diversified portfolio. However, due to the fund's narrow focus and limited track record, it may be more appropriate for experienced investors with a higher risk tolerance and a long-term investment horizon.