MEDX vs. IBBQ ETF Comparison

Comparison of Horizon Kinetics Medical ETF (MEDX) to Invesco Nasdaq Biotechnology ETF (IBBQ)
MEDX

Horizon Kinetics Medical ETF

MEDX Description

The fund is an actively-managed exchange-traded fund ("ETF") that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies engaged in medical research, pharmaceutical and medical technology industries and related technology industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.37

Average Daily Volume

1,018

Number of Holdings *

32

* may have additional holdings in another (foreign) market
IBBQ

Invesco Nasdaq Biotechnology ETF

IBBQ Description The investment seeks to track the investment results (before fees and expenses) of the Nasdaq Biotechnology Index ®. The fund generally will invest at least 90% of its total assets in the securities that comprise the index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market capitalization weighted index that is designed to measure the performance of securities listed on the Nasdaq Stock Market that are classified as either biotechnology or pharmaceutical companies. The index may include securities of large-, mid- and small-capitalization companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.29

Average Daily Volume

17,582

Number of Holdings *

195

* may have additional holdings in another (foreign) market
Performance
Period MEDX IBBQ
30 Days -10.09% -6.27%
60 Days -12.50% -8.87%
90 Days -13.78% -8.76%
12 Months -4.11% 17.68%
18 Overlapping Holdings
Symbol Grade Weight in MEDX Weight in IBBQ Overlap
ALKS C 3.91% 0.5% 0.5%
ALLO F 0.28% 0.05% 0.05%
ALNY D 4.45% 3.26% 3.26%
AMGN F 5.96% 7.56% 5.96%
AZN F 4.86% 3.97% 3.97%
BCYC F 1.95% 0.09% 0.09%
BEAM D 1.51% 0.21% 0.21%
BIIB F 3.08% 2.52% 2.52%
BLUE F 0.08% 0.01% 0.01%
CRSP D 2.97% 0.43% 0.43%
EDIT F 0.53% 0.02% 0.02%
IONS F 2.78% 0.54% 0.54%
NTLA F 1.3% 0.15% 0.15%
PACB F 0.13% 0.05% 0.05%
REGN F 3.38% 5.67% 3.38%
REPL D 0.98% 0.08% 0.08%
VNDA C 0.79% 0.03% 0.03%
VTRS A 0.27% 1.65% 0.27%
MEDX Overweight 14 Positions Relative to IBBQ
Symbol Grade Weight
LLY F 15.83%
ABBV F 7.81%
BMY B 6.23%
NVS F 5.95%
JNJ C 4.65%
PFE F 4.04%
MRK D 3.96%
GSK F 2.32%
GALT C 0.89%
HLN C 0.79%
LTRN F 0.6%
GEHC D 0.48%
TSVT F 0.41%
MURA D 0.05%
MEDX Underweight 177 Positions Relative to IBBQ
Symbol Grade Weight
GILD C -9.95%
VRTX D -8.34%
ILMN C -2.32%
ARGX B -1.96%
UTHR C -1.75%
INCY C -1.58%
MRNA F -1.53%
SNY F -1.51%
SMMT D -1.43%
BMRN F -1.3%
NBIX C -1.28%
RPRX D -1.24%
INSM C -1.23%
SRPT F -1.08%
EXEL B -1.06%
BNTX C -1.05%
MEDP D -1.04%
PCVX D -1.04%
RVMD C -0.99%
ITCI C -0.95%
BGNE D -0.91%
ROIV C -0.89%
JAZZ B -0.81%
ASND F -0.79%
MDGL B -0.67%
CYTK F -0.64%
HALO F -0.62%
BPMC B -0.61%
NUVL C -0.56%
KRYS C -0.53%
RNA C -0.53%
ACLX C -0.51%
ADMA B -0.48%
AXSM B -0.48%
BBIO F -0.48%
CRNX C -0.47%
RARE F -0.44%
IMVT F -0.42%
GH B -0.39%
DNLI D -0.39%
RYTM C -0.37%
LEGN D -0.34%
MRUS F -0.34%
APLS F -0.34%
XENE D -0.33%
AGIO C -0.33%
EWTX C -0.32%
PTCT B -0.32%
DYN F -0.31%
FOLD F -0.31%
VCYT B -0.3%
ACAD C -0.3%
KYMR D -0.29%
SWTX C -0.29%
VRNA B -0.28%
VCEL B -0.28%
IOVA F -0.27%
JANX C -0.27%
VERA C -0.27%
PTGX D -0.26%
ARWR D -0.25%
GERN D -0.24%
IDYA F -0.24%
MIRM B -0.23%
SRRK C -0.23%
KROS D -0.23%
TWST F -0.23%
AMPH F -0.23%
LGND C -0.22%
AKRO B -0.21%
SUPN C -0.21%
MNKD C -0.2%
HRMY D -0.2%
FTRE D -0.19%
NVCR C -0.19%
IRON B -0.19%
RXRX F -0.18%
TARS C -0.18%
WVE C -0.18%
ARVN F -0.17%
DVAX C -0.17%
BCRX D -0.16%
NRIX C -0.16%
ZLAB C -0.15%
TVTX C -0.15%
SPRY C -0.15%
HROW D -0.15%
MYGN F -0.15%
OCUL D -0.15%
XNCR B -0.15%
RCKT F -0.14%
DAWN D -0.14%
SNDX F -0.14%
AUPH B -0.13%
ARDX F -0.13%
NVAX F -0.13%
INVA D -0.13%
ANIP F -0.13%
IMCR D -0.13%
KURA F -0.13%
ARQT B -0.12%
VIR D -0.12%
CNTA B -0.12%
ELVN D -0.12%
GRFS C -0.12%
COLL F -0.1%
COGT D -0.1%
CGEM F -0.09%
ETNB C -0.09%
GMAB F -0.09%
ADPT C -0.08%
PLRX D -0.08%
ERAS C -0.08%
PRTA F -0.08%
EOLS D -0.08%
PCRX C -0.08%
ABCL D -0.08%
CSTL D -0.08%
AUTL F -0.07%
MRVI F -0.07%
AVXL B -0.07%
IRWD F -0.07%
RLAY F -0.07%
ABUS D -0.07%
HCM D -0.06%
OLMA F -0.06%
SANA F -0.06%
GLPG F -0.06%
CVAC F -0.06%
MLYS F -0.06%
ANAB F -0.06%
HUMA F -0.06%
PHAT F -0.06%
ORIC F -0.06%
TSHA C -0.05%
SIGA F -0.05%
ARCT F -0.05%
XERS C -0.05%
TERN F -0.05%
RVNC F -0.05%
FDMT F -0.05%
OABI F -0.05%
TBPH B -0.05%
URGN F -0.05%
RGNX D -0.05%
SVRA F -0.05%
EYPT D -0.05%
YMAB F -0.05%
PAHC C -0.05%
MGTX C -0.05%
THRD F -0.05%
LXRX F -0.04%
ALEC F -0.04%
PRME F -0.04%
VERV F -0.04%
KALV F -0.04%
PGEN F -0.03%
BMEA F -0.03%
ZNTL F -0.03%
ATAI C -0.03%
LYEL F -0.03%
ITOS F -0.03%
QURE C -0.03%
VYGR F -0.03%
SAGE F -0.03%
ACIU D -0.03%
ACRS B -0.02%
CABA F -0.02%
CRBU D -0.02%
FULC F -0.02%
AMRN F -0.02%
MGNX F -0.02%
ALXO F -0.01%
OVID F -0.01%
CHRS D -0.01%
VTYX F -0.01%
RAPT F -0.0%
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