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BMED vs TMED

iShares Health Innovation Active ETF

BMEDBNYSE Arca

T. Rowe Price Health Care ETF

TMEDBNasdaq

Overlap

Expense ratio

TMED −0.11pt a year

BMED0.55%TMED0.44%

Avg volume · 30D

TMED 3.4×the volume

BMED2.15KTMED7.43K

BMED vs TMED Performance

Oct 31, 2025 – Oct 30, 2026

+28.3%BMED+20.6%TMED

Oct 31, 2025 to Oct 30, 2026. BMED +28.3%. TMED +20.6%. Use the arrow keys to read each point.0%10%Oct 2025Apr 2026Oct 2026
Expense ratio
BMED 0.55%
TMED 0.44%, better
Fund size
BMED $15M
TMED $34M
1Y total return
BMED +28.3%, better
TMED +20.6%
Yield (12M)
BMED 0.22%
TMED No data
Holdings
BMED 61
TMED 112
Avg volume (30D)
BMED 2.15K sh
TMED 7.43K sh, better
NAV per share
BMED $36.46
TMED $34.31
52W range

ETF.net Grade

BMED: Cost 72, Risk 61, Mission 77, Tradability 31, Holdings 74, Durability 60. TMED: Cost 82, Risk 55, Mission not scored, Tradability 59, Holdings 91, Durability 35.
Pillar letters and Scores for BMED, TMED, with each pillar’s weight
PillarBMEDTMED
Cost30% weightA72A82Higher
Mission25% weightA77Not scored
Risk15% weightB61HigherB55
Tradability15% weightD31B59Higher
Holdings10% weightA74A91Higher
Durability5% weightB60HigherD35

Rank among US Active Sector funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BMED and TMED are both graded against the same 35 US Active Sector funds, so their Grades compare head to head.

US Active Sector⁠

Category · 35 funds
See all 35 ›

TMED ranks 2nd and BMED 7th of 35 funds in the US Active Sector Category.

  1. Rank 1AAVREAvantis Real Estate ETFScore 77
  2. Rank 2APSRInvesco Active U.S. Real Estate ETFScore 70
  3. Rank 2BTMEDT. Rowe Price Health Care ETFScore 70
  4. Rank 4ATRUTVanEck Technology TruSector ETFScore 69
  5. Rank 6BTRUCVanEck Communication Services TruSector ETFScore 64
  6. Rank 7BBMEDiShares Health Innovation Active ETFScore 61
  7. Rank 7BLFSCF/M Emerald Life Sciences Innovation ETFScore 61

Our read on each fund

ETF.net Research

BMEDBiShares Health Innovation Active ETF

TMEDBT. Rowe Price Health Care ETF

In short

BMED Most health ETFs are a shelf of mega-cap pharma. BMED's stock pickers hunt the other end: roughly 60 innovative and emerging health names tilted to mid and small caps worldwide, 0.55% net of a waiver through June 30, 2027.

TMED No data

Stated mandate

BMED The Fund seeks to maximize total return through active investment in innovative and emerging healthcare companies.

TMED No data

Why people hold it

  • BMED Mandate is specific: at least 80% of net assets in health sciences stocks, with the focus on mid- and small-cap innovators anywhere in the world, emerging markets included.sec.gov
  • 0.55% net of a waiver through June 30, 2027 (0.77% gross), below the median fee among the 35 active sector funds in its group.
  • Reach goes past drugmakers: devices, diagnostics, REITs that own hospitals, even animal and plant health sit inside the prospectus definition.sec.gov
  • About 60 names means each pick carries weight, and the portfolio matches the innovation mandate it advertises, one of the stronger builds in its active sector peer group.

TMED No data

Worth knowing

  • BMED Small fund, light trading. Spreads can widen and the market price can drift from net asset value, which bites hardest on bigger orders.sec.gov
  • Mid caps, small caps and emerging-market names in a book of about 60 stocks move harder in both directions than mega-cap pharma.sec.gov
  • That 0.55% leans on a waiver running to June 30, 2027; gross is 0.77%. Active healthcare peer TMED charges 0.44% with no waiver attached.

TMED No data

Full BMED profile⁠

Full TMED profile⁠

BMED vs TMED Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BMED vs TMED Cost

Overpaying BMED vs TMED

$2,052

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BMED 0.55%

    $10,904

  • TMED 0.44%

    $8,852

$10,000
30 years

Cost over time

  • BMED 0.55%
  • TMED 0.44%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530BMED $10,904TMED $8,852

Year by year

YearBMEDTMEDOverpaying
10$988$794$194
20$3,790$3,061$729
30$10,904$8,852$2,052

Expense ratio

  • 0.55%BMED
  • 0.44%TMED, cheaper
  • Middle half of US Active Sector funds
  • Median 0.61%

TMED 7th cheapest of 35 funds

BMED 10th cheapest of 35 funds

BMED vs TMED Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BMED 0.22%
TMED No data
Payout (12M)
BMED $0.08
TMED No data
Last payment
BMED $0.08
TMED $0.16
Ex-dividend
BMED Jun 15, 2026
TMED Dec 23, 2025
Paid on
BMED Jun 18, 2026
TMED Dec 26, 2025
Frequency
BMED Irregular
TMED Irregular

Distribution history

Per share, 2023 to 2026, same scale for both

BMEDIrregular · 2 paymentsAll BMED payments⁠
One bar per payment. 2 payments from 2023 to 2026 YTD. Dec 20, 2023 $0.0072; Jun 15, 2026 $0.08. Use the arrow keys to read each point.$0$0.1020232026YTD
TMEDIrregular · 1 paymentAll TMED payments⁠
One bar per payment. 1 payment from 2023 to 2026 YTD. Dec 23, 2025 $0.16. Use the arrow keys to read each point.$0$0.1020232026YTD

BMED vs TMED Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BMED 15.3%TMED 14.7%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
BMED 1.03TMED 1.50since Jul 2025
Worst fallMax drawdown, 5 years
BMED −32.1%TMED −11.1%since Jun 2025
Market sensitivityBeta, 5 years
BMED 0.74TMED 0.46

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