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BMED vs PJP

iShares Health Innovation Active ETF vs Invesco Pharmaceuticals ETF

BMED

iShares Health Innovation Active ETF

BlackRock

Annual cost

0.55%

Fund size

$10M

PJP

Invesco Pharmaceuticals ETF

Invesco

Annual cost

0.57%

Fund size

$334M

Key differences

  • PJP is significantly larger than BMED — larger funds tend to be more liquid and less likely to close.
  • BMED follows a active selection strategy; PJP uses index tracking.
  • Over the last 3 years, PJP has delivered higher annualized returns.
  • PJP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BMEDPJP
Annual cost (TER)0.55%0.57%
Fund size (AUM)$10M$334M
Since20202005
Dividend yield0.00%1.01%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+18.0%+38.9%
CAGR 3Y+4.9%+14.0%
CAGR 5Y+0.1%+7.4%
Sharpe 3Y0.160.69
Volatility 1Y14.94%16.19%
Max drawdown-36.44%-33.95%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BMED and PJP