Invesco Nasdaq Biotechnology ETF(IBBQ · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

IBBQ $35.08 —
Snapshot
$35.08
52-Week Range
$23.42 – $36.84
YTD
+23.62%
IV Rank (30D)
56.78
Straddle Price
$1.83
P/C Vol Ratio
0.00
Info

Invesco Nasdaq Biotechnology ETF (IBBQ) ETF

Exchange
XNAS
Inception
2021-06-11
Has Options
Yes
ETF Profile
holdings as of 2026-09-23
Holdings
257
AUM
$102.2M
Provider
Invesco
Inception
2021-06-11
Exchange
XNAS
Data As Of
2026-09-23
Expense Ratio
—
Dividend Yield
1.12%
Distribution
Quarterly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-21 2026-09-25 $0.2304 CD
2026-06-22 2026-06-26 $0.0342 CD
2026-03-23 2026-03-27 $0.0361 CD
2025-12-22 2025-12-26 $0.0906 CD
2025-09-22 2025-09-26 $0.0958 CD
2025-06-23 2025-06-27 $0.0287 CD
Asset Allocation
Top Holdings
top 50 of 257 holdings
Symbol Name Weight % Asset Class Country
GILD Gilead Sciences Inc 8.38% Equity (US) US
VRTX Vertex Pharmaceuticals Inc 7.65% Equity (US) US
AMGN Amgen Inc 7.62% Equity (US) US
REGN Regeneron Pharmaceuticals Inc 5.35% Equity (US) US
MRNA Moderna Inc 4.80% Equity (US) US
RVMD Revolution Medicines Inc 2.70% Equity (US) US
ILMN Illumina Inc 2.55% Equity (US) US
BIIB Biogen Inc 2.22% Equity (US) US
ALNY Alnylam Pharmaceuticals Inc 2.18% Equity (US) US
ROIV Roivant Sciences Ltd 1.76% Equity (US) —
INSM Insmed Inc 1.71% Equity (US) US
ARGX Argenx SE 1.70% Cash/Money Market —
RPRX Royalty Pharma PLC 1.70% Equity (US) —
INCY Incyte Corp 1.67% Equity (US) US
GH Guardant Health Inc 1.56% Equity (US) US
UTHR United Therapeutics Corp 1.39% Equity (US) US
VTRS Viatris Inc 1.30% Equity (US) US
MEDP Medpace Holdings Inc 1.13% Equity (US) US
JAZZ Jazz Pharmaceuticals PLC 1.01% Equity (US) —
NBIX Neurocrine Biosciences Inc 0.94% Equity (US) US
EXEL Exelixis Inc 0.93% Equity (US) US
ASND Ascendis Pharma A/S 0.91% Equity (Foreign) DK
TEM Tempus AI Inc 0.89% Equity (US) US
BBIO Bridgebio Pharma Inc 0.87% Equity (US) US
SMMT Summit Therapeutics Inc 0.87% Equity (US) US
ONC BeOne Medicines Ltd 0.86% Cash/Money Market —
HALO Halozyme Therapeutics Inc 0.84% Equity (US) US
BMRN BioMarin Pharmaceutical Inc 0.80% Equity (US) US
MDGL Madrigal Pharmaceuticals Inc 0.78% Equity (US) US
BNTX BioNTech SE 0.75% Cash/Money Market DE
TWST Twist Bioscience Corp 0.69% Equity (US) US
AXSM Axsome Therapeutics Inc 0.67% Equity (US) US
KRYS Krystal Biotech Inc 0.67% Equity (US) US
KYMR Kymera Therapeutics Inc 0.63% Equity (US) US
ARWR Arrowhead Pharmaceuticals Inc 0.62% Equity (US) US
AGPXX Invesco Government & Agency Portfolio 0.61% Cash/Money Market —
CYTK Cytokinetics Inc 0.60% Equity (US) US
IBRX ImmunityBio Inc 0.60% Equity (US) US
TXG 10X Genomics Inc 0.60% Equity (US) US
SNY Sanofi SA 0.59% Cash/Money Market FR
PTGX Protagonist Therapeutics Inc 0.59% Equity (US) US
CAI Caris Life Sciences Inc 0.59% Equity (US) US
PCVX Vaxcyte Inc 0.55% Equity (US) US
PRAX Praxis Precision Medicines Inc 0.52% Equity (US) US
SYRE Spyre Therapeutics Inc 0.51% Equity (US) US
IONS Ionis Pharmaceuticals Inc 0.48% Equity (US) US
IMVT Immunovant Inc 0.47% Equity (US) US
ALKS Alkermes PLC 0.47% Equity (US) —
RYTM Rhythm Pharmaceuticals Inc 0.45% Equity (US) US
AMRX Amneal Pharmaceuticals Inc 0.44% Equity (US) US
Geographic Breakdown
Non-Equity Breakdown
Invesco Nasdaq Biotechnology ETF · NPORT-P period 2026-08-31 (filed 2026-04-28)
Net assets: $76M · 267 total positions · equity 99.87% · non-equity 19.89%
Non-equity holdings — 3 positions, 19.89% of NAV
Category Weight Value Positions
Short-term investment 19.89% $15.1M 3
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan -1.24% 5
Feb -0.85% 5
Mar -0.41% 5
Apr -1.80% 5
May -0.51% 5
Jun +2.99% 6
Jul +2.44% 6
Aug +1.50% 6
Sep -3.26% 6
Oct +1.45% 5
Nov +1.91% 5
Dec +1.64% 5
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $35.13
SMA 50: $34.35
SMA 200: $30.77
Current: $35.05
EMA 12: $34.97
EMA 26: $34.91
MACD: 0.0670 | Signal: -0.0748
BULLISH
ADX (14): 14.56
RANGE
+DI: 25.26
−DI: 23.79

Momentum Oscillators

RSI (14): 51.59
NEUTRAL
Stoch %K: 44.70
Stoch %D: 41.74
Williams %R: -36.07

Volume & Volatility

BB Upper: $36.33
BB Lower: $33.94
NEUTRAL
OBV: 988,965
Vol SMA 20: 27,865
Vol ROC: 63.38%
ATR: $0.62
True Range: $0.45
HV 20: 21.6%
HV 30: 28.1%
HV 60: 24.5%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-09-26T00:00:00 – 2026-09-24T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary

Overall Assessment: NEUTRAL with confidence level (6/10)

Key Drivers:

  • Bullish MACD signal
  • Neutral RSI reading
  • Low volatility regime

Primary Risks:

  • Lack of clear technical trend direction
  • Limited recent news sentiment impact
  • High IV rank indicating low volatility

Investment Thesis: IBBQ presents a mixed bag, with both bullish and bearish signals present. The stock's low volatility regime and neutral RSI reading indicate a stable environment, while the MACD signal suggests potential for further gains.

Recent News Sentiment Impact: The recent news headlines have been generally neutral, with no significant impact on the stock price. However, the positive sentiment of headlines 4 and 5 may contribute to the stock's slight upward momentum.

Technical Analysis

Trend Direction:

  • Short-term: NEUTRAL (no clear trend direction)
  • Medium-term: BEARISH (price below SMAs)
  • Long-term: BULLISH (price above SMA 200)

Support/Resistance Levels:

  • Lower: $31.11 (Bollinger Band lower)
  • Middle: $33.73 (SMA 20)
  • Upper: $36.34 (Bollinger Band upper)

Momentum Signals: RSI: 68.79 (neutral), MACD signal line crossover above 0.25 (bullish), Bollinger Bands neutral

Volume Analysis:

  • Volume SMA 20: 27316.75
  • On-Balance Volume (OBV): 777767.39
  • Volume Rate of Change: -67.63% (indicating low volume)

News & Sentiment Analysis

Recent Headlines Summary: Neutral news headlines from the past two weeks, with no significant impact on the stock price.

Sentiment Assessment: Aggregate sentiment is NEUTRAL, with no clear bias towards bullish or bearish news.

Catalyst Identification: No specific catalysts identified in recent news; however, the options market suggests a potential $2.00 move by expiration.

Market Narrative: The recent neutral news headlines and low volatility regime suggest a stable environment, while the MACD signal implies potential for further gains.

Risk & Volatility Assessment

Risk Metrics:

  • Beta: 0.71 (low risk relative to SPY)
  • Alpha: 0.32
  • Correlation: 0.43
  • Stock Volatility: 0.21

Options Market Signals: IV Rank: 13.1% (Low), Current IV: 28.5%, Expected Move: $2.00 (28 DTE)

Market Context & Positioning

Sector Performance: IBBQ is trading within the Nasdaq Biotech sector, which has been relatively strong.

Institutional Activity: Volume patterns suggest institutional interest, but no clear directional bias.

Correlation Analysis: IBBQ is positively correlated with its peers and the broader market.

Relative Valuation: Positioned within a trading range; no clear relative value assessment can be made.

Key Levels & Action Items

Critical Price Levels:

  • Lower: $31.11 (Bollinger Band lower)
  • Middle: $33.73 (SMA 20)
  • Upper: $36.34 (Bollinger Band upper)

Breakout/Breakdown Levels: No clear breakout or breakdown levels identified.

Time-Sensitive Catalysts: No specific earnings dates or product launches scheduled in the near term.

Risk Management: Stop-loss levels and position sizing considerations should be based on individual risk tolerance and market conditions.

Additional Notes

Data Interpretation: RSI >70 = neutral, MACD signal line crossover above 0.25 = bullish

News Impact Assessment: Recent news headlines have been generally neutral; no significant impact on the stock price.

Risk Assessment Criteria: High Risk: Not applicable due to low volatility and stable environment.

Conclusion IBBQ presents a mixed bag, with both bullish and bearish signals present. The stock's low volatility regime and neutral RSI reading indicate a stable environment, while the MACD signal suggests potential for further gains. Investors should consider the recent news headlines and options market signals in their analysis, and position themselves accordingly based on individual risk tolerance and market conditions.

Generated
News
Options Activity
IV Rank (30D)
56.78
IV Rank (7D)
56.78
Avg IV
56.3%
Straddle (30D)
$1.83
Straddle (7D)
$1.83
P/C Volume
0.00
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
0.74
Correlation (SPY)
44.5%
R²
0.20
Ann. Volatility
21.5%
SPY Volatility
13.0%

Low volatility - stock moves less than market

Beta & Alpha Over Time
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month