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Sunday, August 23, 2026The Morning Brief →Sign in

Invesco Dynamic Biotechnology & Genome ETF

$97.59+1.07% today
689852-WK

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying intellidex. The underlying intellidex was composed of common stocks of U.S. biotechnology and genome companies. These companies are engaged principally in the research, development, manufacture and marketing and distribution of various biotechnological products, services and processes, etc. It is non-diversified.

Price & daily flows
91.782.974.297.59DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$87M OVER THIS RANGE

The desk’s read

Money keeps arriving — +$90M of net buying over the past month, about 22.6% of the fund's asset base, while the price has returned +18.5% so far this year. At 0.58% a year it is not the cheapest way in — IBRN runs the same ground at 0.47%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$398Massets under management
0.58%expense ratio · $58 per $10,000 a year
+$90Mnet flow, trailing month
52Kavg daily volume, 30 days
31holdings · US-domiciled
2005listed June 22, 2005 · beta 0.60
The book at a glance
REGN+0.9%AMGN+1.3%VRTX+1.4%CDNA+3.4%RPRX+1.2%BIIB+1.1%GILD+1.9%OMER+3.4%UTHR-1.5%HALO+1.9%RGEN+0.5%PTGX+2.4%ILMN+2.9%TECH+0.1%ALNY+3.0%ACAD+1.6%INCY+0.5%BMRN-1.4%QGEN-1.8%VCEL+1.4%BCRX-1.1%SRPT-2.2%EXEL+0.7%PTCT-1.0%ANAB+1.9%NBIX-0.2%VCYT+1.2%COLL-1.6%LEGN+2.6%ARDX

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1REGNREGENERON PHARMACEUTICALS5.50%$834.04+0.9%
2AMGNAMGEN5.44%$439.33+1.3%
3VRTXVERTEX PHARMACEUTICALS5.24%$548.05+1.4%
4CDNACAREDX5.02%$48.61+3.4%
5RPRXROYALTY PHARMA4.76%$61.31+1.2%
6BIIBBIOGEN4.68%$216.78+1.1%
7GILDGILEAD SCIENCES4.53%$146.12+1.9%
8OMEROMEROS3.68%$19.27+3.4%
9UTHRUNITED THERAPEUTICS3.79%$513.12-1.5%
10HALOHALOZYME THERAPEUTICS3.55%$108.17+1.9%
11RGENREPLIGEN3.60%$181.13+0.5%
12PTGXPROTAGONIST THERAPEUTICS3.47%$154.32+2.4%
13ILMNILLUMINA3.38%$219.40+2.9%
14TECHBIO-TECHNE3.47%$72.32+0.1%
15ALNYALNYLAM PHARMACEUTICALS3.27%$236.22+3.0%

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Sector weights
Healthcare100%
Health Technology91.43%
Health Services8.5%
Other0.1%
Mutual fund0.08%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States100%
Ireland3.05%
Netherlands2.73%
Canada2.43%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+4.1%
1 month+8.5%
3 months+18.8%
6 months+18.5%
YTD+18.5%
1 year+41.8%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$4M
1 month+$90M
3 months+$95M
YTD+$92M
1 year+$87M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
JunJulAugSepOctFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
19%realized volatility, 30 days (annualized)
19%realized volatility, 1 year
-11.8%deepest fall from a peak, 1 year
-0.7%where it sits vs. that peak today

The top holding is 5.5% of the book; the top ten carry 46%. Spread across 32+ names, it behaves like roughly 27 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
5Kshares traded
Most-traded holdings, options premiumBullishBearish
AMGN AMGEN$6M$5M
ALNY ALNYLAM PHARMACEUTICALS$3M$3M
NBIX NEUROCRINE BIOSCIENCES$1M$4M
VRTX VERTEX PHARMACEUTICALS$1M$3M
REGN REGENERON PHARMACEUTICALS$2M$963,854

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against PBE

Due diligence cuts both ways. These funds sit on the same shelf and beat PBE on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
ITOT iShares Core S&P Total U.S. Stock Market ETF0.03%$97.9B+$245M-55bp on fee · 246× the assets · +$245M in over the monthHead-to-head
IUSG iShares Core S&P U.S. Growth ETF0.04%$33.8B+$668M-54bp on fee · 85× the assets · +$668M in over the monthHead-to-head
IUSV iShares Core S&P U.S. Value ETF0.04%$28.1B+$103M-54bp on fee · 71× the assets · +$103M in over the monthHead-to-head
IVV iShares Core S&P 500 ETF0.03%$900.9B−$14.2B-55bp on fee · 2265× the assetsHead-to-head
VOO Vanguard 500 Index Fund0.03%$500.4B-55bp on fee · 1258× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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