Which Is the Better Invesco Healthcare ETF: Equal-Weight RSPH or Biotech-Focused IBBQ?
RSPH levels the playing field across 60 established healthcare names while IBBQ bets on more than 250 biotech companies at a lower cost.
Overview
Investors weighing Invesco S&P 500 Equal Weight Health Care ETF (NYSEMKT:RSPH) against Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQ) must choose between a broad, equal-weighted healthcare mandate and a specialized, low-cost play on biotechnology firms.
Healthcare is rarely a monolithic sector. While some investors prefer broad exposure across insurance, equipment, and pharmaceuticals, others want to narrow their focus to the high-growth potential of biotechnology. The Invesco S&P 500 fund manages over $700 million more in assets, reflecting its longer history and broader large-cap mandate.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.