FBT vs IHE: holdings overlap, shared companies and scores
As of September 11, 2026, FBT and IHE overlap 4.6% by weight. First Trust NYSE Arca Biotechnology Index Fund (FBT): U.S. biotech stocks. iShares U.S. Pharmaceuticals ETF (IHE): U.S. pharmaceutical manufacturers.
Updated September 11, 2026
How much do FBT and IHE overlap?
As of September 11, 2026, FBT and IHE overlap 4.6% by weight.
7% of FBT is already inside IHE.
5% of IHE is already inside FBT.
FBT holds 30 companies and IHE holds 56; 2 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FBT and IHE?
As of September 11, 2026, ETF Copilot scores FBT 4.6 out of 10 and IHE 6.4 out of 10.
They differ most on Quality: FBT 3.2 and IHE 7.1.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FBT | IHE |
|---|---|---|
| Growth | 5.4 | 8.5 |
| Valuation | 4.0 | 4.1 |
| Risk | 4.1 | 6.6 |
| Quality | 3.2 | 7.1 |
| Return | 5.4 | 5.1 |
IHE is the cheaper of the two at 0.37% a year
As of September 11, 2026, FBT charges 0.55% a year, yields 0.23% and holds $2.9B in assets across 30 positions.
As of September 11, 2026, IHE charges 0.37% a year, yields 1.83% and holds $1.7B in assets across 56 positions.
| Measure | FBT | IHE |
|---|---|---|
| Expense ratio | 0.55% | 0.37% |
| Dividend yield | 0.23% | 1.83% |
| Assets under management | $2.9B | $1.7B |
| Holdings | 30 | 56 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Where FBT and IHE trade against their own history
FBT trades at 23.8 times earnings, against its own median of 23.6, and is more expensive than 51% of its own 114 monthly readings since 2017.
IHE trades at 27.3 times earnings, against its own median of 22.5, and is more expensive than 89% of its own 114 monthly readings since 2017.
What moved FBT and IHE this week
FBT fell 4.4% in the week to September 11, 2026. The holdings that moved it most were Amgen (−15.0%), Sarepta Therapeutics (−11.0%) and Bruker (−10.1%); Axsome Therapeutics (+6.0%) pushed the other way.
IHE fell 4.1% in the week to September 11, 2026. The holdings that moved it most were Johnson & Johnson (−4.6%), Eli Lilly (−3.8%) and Royalty Pharma (−8.2%); Axsome Therapeutics (+6.0%) pushed the other way.
What do FBT and IHE each hold?
38% of FBT is its ten largest holdings.
78% of IHE is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “FBT vs IHE holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/fbt-vs-ihe
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