VanEck Biotech ETF (BBH) Performance

NASDAQ: BBHTotal returns, calendar years, drawdowns and risk since 1999.

BBH total return

Distributions reinvested · as of Oct 23, 2026
YTD
+30.3%
since Dec 31, 2025
1 year
+39.7%
total return
5 years
+5.2%
a year
10 years
+9.2%
a year
Since first price
+11.7%
a year since 1999

BBH trailing returns vs SPY, QQQ, AGG

BBH trailing returns
PeriodBBH total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month+2.6%+2.6%−1.0%−5.0%+0.9%
3 months+20.8%+20.8%+3.2%+1.9%−0.4%
6 months+31.2%+31.2%+7.8%+8.4%−1.5%
YTD+30.3%+30.3%+12.3%+15.1%−1.0%
1 year+39.7%+39.0%+14.4%+15.9%−1.1%
3 years+68.0%+18.9%/yr+65.1%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years+28.7%+5.2%/yr+25.7%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
10 years+141.2%+9.2%/yr+130.8%+315.9%+15.3%/yr+538.9%+20.4%/yr+14.0%+1.3%/yr
15 years+667.6%+14.6%/yr+601.5%+696.0%+14.8%/yr+1,299.3%+19.2%/yr+32.2%+1.9%/yr
20 years+922.9%+12.3%/yr+654.7%+696.9%+10.9%/yr+1,839.9%+16.0%/yr+79.6%+3.0%/yr
Since inceptionNov 23, 1999+1,883.5%+11.7%/yr+1,263.3%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: BBH vs SPY

BBHS&P 500 (SPY)

From Nov 23, 1999: BBH grew to $198,351, SPY to $86,311.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

BBH returns by calendar year

BBHSPY

18 of 26 full years positive. Best 2013 (+65.5%), worst 2002 (−34.2%). 2026 is year to date.

BBH annual returns table

BBH calendar-year returns
YearBBHLargest dropSPYQQQAGG
2026YTD+30.3%−10.5%+12.3%+15.1%−1.0%
2025+21.2%−17.4%+17.7%+20.8%+7.2%
2024−4.3%−14.3%+24.9%+25.6%+1.3%
2023+3.9%−15.1%+26.2%+54.9%+5.7%
2022−15.2%−29.0%−18.2%−32.6%−13.0%
2021+11.8%−17.5%+28.7%+27.4%−1.8%
2020+22.1%−20.9%+18.3%+48.6%+7.5%
2019+26.3%−13.1%+31.2%+39.0%+8.5%
2018−10.7%−23.3%−4.6%−0.1%+0.1%
2017+16.5%−10.3%+21.7%+32.7%+3.6%
2016−15.0%−22.7%+12.0%+7.1%+2.4%
2015+10.3%−24.0%+1.2%+9.4%+0.5%
2014+30.3%−22.0%+13.5%+19.2%+6.0%
2013+65.5%−12.0%+32.3%+36.6%−2.0%
2012+53.8%−10.7%+16.0%+18.1%+3.8%
2011+21.5%−18.4%+1.9%+3.4%+7.7%
2010+2.2%−19.7%+15.1%+19.9%+6.4%
2009+10.4%−11.7%+26.4%+54.7%+3.0%
2008+10.4%−25.9%−36.8%−41.7%+7.9%
2007−6.6%−13.6%+5.1%+19.0%+6.6%
2006−4.4%−14.2%+15.8%+7.1%+3.9%
2005+31.3%−13.4%+4.8%+1.6%+2.3%
2004+13.0%−18.2%+10.7%+10.5%+3.8%
2003+60.1%−11.4%+28.2%+49.7%—
2002−34.2%−49.2%−21.6%−37.4%—
2001−22.5%−40.1%−11.8%−33.3%—
2000+18.7%−49.9%−9.7%−36.1%—

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

BBH largest drawdowns

Now 1.6% below the high
BBH largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Mar 3, 2000−72.7%Jul 10, 2002Mar 19, 20102.4 years10.0 years
Aug 9, 2021−39.9%Jun 13, 2022Aug 7, 202610 months5.0 years
Jul 20, 2015−33.8%Feb 8, 2016Dec 20, 20197 months4.4 years
Feb 24, 2014−22.0%Apr 11, 2014Aug 26, 201446 days6 months
Feb 21, 2020−20.9%Mar 16, 2020Apr 17, 202024 days56 days
Mar 22, 2010−19.7%May 26, 2010Apr 11, 20112 months1.1 years

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

BBH risk statistics

BBH risk statistics
Statistic3 years5 years10 yearsSince 1999
Annualized return+16.9%+4.4%+8.3%+11.8%
Volatility (annualized)17.8%18.7%20.0%25.5%
Sharpe ratio0.720.130.38—
Sortino ratio1.360.200.63—
Best month+15.0%+15.0%+15.9%+39.0%
Worst month−7.3%−12.9%−12.9%−22.7%
Best 12 months+48.4%+48.4%+48.4%+73.4%
Worst 12 months−9.4%−30.2%−32.3%−43.1%
Positive months61%53%53%56%
Beta vs S&P 5000.500.680.79—
Correlation with S&P 5000.350.570.60—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

BBH rolling returns

BBH rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year312−43.1%+8.0%+73.4%68%
3-year (a year)288−25.1%+7.7%+52.2%84%
5-year (a year)264−8.4%+8.3%+40.0%97%
10-year (a year)204+0.2%+16.1%+22.0%100%

Every holding period starting at a month-end since 1999. Returns for 3 years and longer are annualized.

BBH performance overview

VanEck Biotech ETF (BBH) returned +39.7% over the past year and +9.2% a year over ten years, with distributions reinvested. Since its first recorded price in 1999 it has returned +11.7% a year, turning $10,000 into about $198,351. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −72.7%, from Mar 3, 2000 to Jul 10, 2002, and it took 7.7 years to get back to the old high. BBH finished 18 of its 26 full calendar years with a gain; the best year was 2013 (+65.5%) and the worst 2002 (−34.2%). Volatility has been 25.5% a year.

Related: BBH chart, BBH holdings, BBH dividends, BBH valuation. See the BBH overview for the latest quote and fund facts.

BBH performance FAQ

What is the BBH return over the past year?

BBH returned +39.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 39.0%.

What is the average annual return of BBH?

BBH has returned +5.2% a year over 5 years, +9.2% a year over 10 years, +11.7% a year since November 23, 1999 (total return, distributions reinvested).

How much would $10,000 invested in BBH be worth?

$10,000 invested in BBH at its first recorded close on November 23, 1999 would be worth about $198,351 on October 23, 2026 with distributions reinvested.

What was the worst year for BBH?

The worst calendar year was 2002, with a total return of −34.2%. The best was 2013 at +65.5%.

What is the biggest drawdown of BBH?

The largest peak-to-trough decline was −72.7% between March 3, 2000 and July 10, 2002. It recovered to the old high on March 19, 2010, 7.7 years after the bottom.

How volatile is BBH?

Over the past 3 years BBH had an annualized volatility of 17.8% and a Sharpe ratio of 0.72 (excess return over 1–3 month T-bills per unit of risk).