Data as of .
BBP vs IBBQ: which is really different?
BBP and IBBQ hold 34% of their weight in the same names, and BBP returned more over the year.
ETFIQ Off-Index Score: BBP scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
34% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, BBP and IBBQ hold 34% of their money in the same securities at the same weight.
| Holding | BBP | IBBQ |
|---|---|---|
| MODERNA INC | 2.50% | 4.10% |
| ROIVANT SCIENCES LTD | 2.07% | 1.92% |
| AMGEN INC | 1.75% | 8.05% |
| BIOGEN INC | 1.74% | 2.13% |
| GILEAD SCIENCES INC | 1.74% | 7.89% |
| INCYTE CORP | 1.60% | 1.68% |
| REGENERON PHARMACEUTICALS | 1.53% | 5.42% |
| VERTEX PHARMACEUTICALS INC | 1.52% | 7.98% |
| UNITED THERAPEUTICS CORP | 1.85% | 1.41% |
| ALNYLAM PHARMACEUTICALS INC | 1.25% | 2.14% |
| INSMED INC | 1.11% | 1.74% |
| NEUROCRINE BIOSCIENCES INC | 1.38% | 0.98% |
| Only in BBP | Only in IBBQ |
|---|---|
| APELLIS PHARMACEUTICALS INC 2.60% | Revolution Medicines Inc 2.72% |
| KALVISTA PHARMACEUTICALS INC 2.53% | Illumina Inc 2.43% |
| TG THERAPEUTICS INC 1.73% | Argenx SE 1.83% |
| CRINETICS PHARMACEUTICALS INC 1.23% | Royalty Pharma PLC 1.74% |
| NUVATION BIO INC 0.85% | Guardant Health Inc 1.59% |
| Viatris Inc 1.32% | |
| Medpace Holdings Inc 1.17% | |
| Jazz Pharmaceuticals PLC 1.01% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| BBP | IBBQ | BBP | IBBQ | BBP | IBBQ | |
| 3 months | +15.3% | +15.8% | +13.1 pts | +13.6 pts | +17.8 pts | +18.3 pts |
| 6 months | +29.5% | +24.9% | +11.5 pts | +6.9 pts | +5.3 pts | +0.7 pts |
| 1 year | +47.5% | +44.6% | +30.9 pts | +28.0 pts | +25.7 pts | +22.8 pts |
| 3 years | +103.0% | +76.7% | +24.6 pts | −1.7 pts | +4.8 pts | −21.5 pts |
| Since launch | +304.4% | +42.0% | −56.6 pts | −51.2 pts | −371.1 pts | −76.1 pts |
| BBP Virtus Biotech ETF Holds 60 stocks in biotech, 12% of its weight in S&P 500 companies | IBBQ Invesco Nasdaq Biotechnology ETF Holds 256 stocks in biotech, 39% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Virtus | Invesco |
| Theme | Biotech | Biotech |
| In the S&P 500 | 12.4% | 38.6% |
| Active share vs the S&P 500 | 99.0% | 99.0% |
| In the Nasdaq-100 | 8.9% | 33.2% |
| Holdings | 60 | 256 |
| Top ten, share of the fund | 25.7% | 44.8% |
| Expense ratio | 0.34% | 0.19% |
| Fee for the differing part | 0.34% | 0.19% |
| Total return, 1 year | +47.5% | +44.6% |
| vs the S&P 500 | +30.9 pts | +28.0 pts |
| vs the Nasdaq-100 | +25.7 pts | +22.8 pts |
| Below its high | −5.5% | −5.8% |
| Net assets | $59m | $96m |
BBP in plain words
By weight, 12% of BBP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 26% of the fund across 60 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +47.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 30.9 pts. It sits 5.5% below its all-time high of Aug 19, 2026.
IBBQ in plain words
By weight, 39% of IBBQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 45% of the fund across 256 positions, as published by its issuer for Sep 19, 2026. Over the year to Sep 18, 2026 the fund returned +44.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 28.0 pts. It sits 5.8% below its all-time high of Aug 19, 2026.
Questions people ask
- Do BBP and IBBQ hold the same stocks?
- By their latest filings, 34% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, BBP or IBBQ?
- BBP has 12% of its weight in S&P 500 names and IBBQ has 39%, so BBP differs more from the index.
- Which is cheaper, BBP or IBBQ?
- BBP charges 0.34% a year and IBBQ charges 0.19%, so IBBQ is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BBP against IBBQ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/bbp-vs-ibbq Free to use with attribution; the underlying files are at Open data.