The global impact of osteoporosis as a major public health problem has generated interest in developing ultrasonic techniques that can be used to screen populations for this bone disease. The goal of this study was to assess the relative performance of three ultrasonic backscatter parameters: apparent integrated backscatter (AIB), frequency slope of apparent backscatter (FSAB) and frequency intercept of apparent backscatter (FIAB). Measurements were performed at the left and right femoral necks of 88 healthy volunteers using an ultrasonic imaging system equipped with a 3 MHz convex multi-element transducer. Backscatter signals from the femoral neck were captured for analysis. AIB was determined from the frequency averaged power in the backscatter signal compensated for the frequency dependent response of the measurement system. FSAB and FIAB were determined from the slope and intercept, respectively, of a line fitted to the compensated spectrum. Linear regression analysis was used to compare measurements performed at the left and right femur. All three parameters demonstrated similar and highly significant (p < 0.000001) correlations between left and right side measurements (RAIB = 0.62, RFSAB = 0.56, RFIAB = 0.51) indicating that they are equally sensitive to naturally occurring variations in the ultrasonic properties of the femoral neck.