BIB vs. FESM ETF Comparison

Comparison of ProShares Ultra Nasdaq Biotechnology (BIB) to Fidelity Enhanced Small Cap ETF (FESM)

BIB

ProShares Ultra Nasdaq Biotechnology

BIB Description

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Nasdaq Biotechnology Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark ("ICB") which also meet other eligibility criteria determined by NASDAQ. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.50

Average Daily Volume

13,408

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

FESM

Fidelity Enhanced Small Cap ETF

FESM Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$33.78

Average Daily Volume

114,986

Number of Holdings ^*

562

* may have additional holdings in another (foreign) market

Performance

Period	BIB	FESM
30 Days	-17.99%	2.59%
60 Days	-21.55%	3.59%
90 Days	-19.63%	9.14%
12 Months	23.82%

97 Overlapping Holdings

Symbol	Grade	Weight in BIB	Weight in FESM	Overlap
ABUS	D	0.05%	0.02%	0.02%
ACAD	C	0.19%	0.11%	0.11%
ACLX	C	0.36%	0.03%	0.03%
ADMA	C	0.31%	0.11%	0.11%
ADPT	C	0.06%	0.09%	0.06%
AGIO	C	0.21%	0.14%	0.14%
AKRO	C	0.16%	0.06%	0.06%
ALEC	F	0.04%	0.02%	0.02%
ALKS	C	0.32%	0.21%	0.21%
AMPH	F	0.15%	0.1%	0.1%
ANIP	D	0.08%	0.08%	0.08%
ARCT	F	0.03%	0.06%	0.03%
ARQT	C	0.08%	0.09%	0.08%
ARVN	D	0.13%	0.06%	0.06%
ARWR	D	0.18%	0.05%	0.05%
AXSM	B	0.29%	0.07%	0.07%
BBIO	F	0.33%	0.07%	0.07%
BCRX	D	0.11%	0.1%	0.1%
BEAM	D	0.14%	0.03%	0.03%
BPMC	C	0.43%	0.16%	0.16%
CHRS	F	0.01%	0.01%	0.01%
COGT	D	0.07%	0.05%	0.05%
COLL	F	0.07%	0.07%	0.07%
CRBU	D	0.02%	0.02%	0.02%
CRNX	C	0.32%	0.13%	0.13%
CYTK	D	0.44%	0.16%	0.16%
DNLI	C	0.28%	0.07%	0.07%
DVAX	C	0.11%	0.02%	0.02%
DYN	F	0.2%	0.11%	0.11%
EDIT	F	0.02%	0.03%	0.02%
EOLS	F	0.06%	0.06%	0.06%
ERAS	C	0.06%	0.06%	0.06%
ETNB	D	0.07%	0.05%	0.05%
EWTX	C	0.22%	0.16%	0.16%
FOLD	F	0.22%	0.14%	0.14%
GERN	F	0.17%	0.04%	0.04%
GH	B	0.24%	0.35%	0.24%
HALO	D	0.51%	0.21%	0.21%
HROW	D	0.12%	0.03%	0.03%
HUMA	F	0.04%	0.03%	0.03%
IDYA	F	0.17%	0.04%	0.04%
IMVT	F	0.29%	0.01%	0.01%
INSM	D	0.82%	0.42%	0.42%
IOVA	D	0.25%	0.04%	0.04%
IRWD	D	0.05%	0.07%	0.05%
KALV	F	0.03%	0.04%	0.03%
KRYS	C	0.36%	0.11%	0.11%
KURA	F	0.09%	0.1%	0.09%
KYMR	C	0.22%	0.03%	0.03%
LGND	C	0.16%	0.09%	0.09%
MDGL	C	0.51%	0.15%	0.15%
MEDP	D	0.73%	0.07%	0.07%
MGNX	D	0.02%	0.04%	0.02%
MYGN	F	0.11%	0.09%	0.09%
NRIX	C	0.12%	0.14%	0.12%
NTLA	F	0.11%	0.02%	0.02%
NUVL	D	0.37%	0.04%	0.04%
NVAX	F	0.1%	0.07%	0.07%
OABI	F	0.04%	0.05%	0.04%
ORIC	D	0.05%	0.07%	0.05%
PACB	F	0.04%	0.08%	0.04%
PAHC	B	0.03%	0.05%	0.03%
PCRX	C	0.05%	0.08%	0.05%
PCVX	D	0.77%	0.36%	0.36%
PGEN	F	0.02%	0.02%	0.02%
PTCT	C	0.22%	0.17%	0.17%
PTGX	D	0.19%	0.08%	0.08%
RCKT	F	0.11%	0.03%	0.03%
REPL	C	0.06%	0.07%	0.06%
RLAY	F	0.05%	0.03%	0.03%
RNA	C	0.37%	0.21%	0.21%
RVMD	B	0.66%	0.26%	0.26%
RVNC	F	0.04%	0.06%	0.04%
RXRX	F	0.13%	0.09%	0.09%
RYTM	C	0.26%	0.16%	0.16%
SAGE	F	0.03%	0.05%	0.03%
SANA	F	0.05%	0.03%	0.03%
SMMT	D	1.02%	0.01%	0.01%
SNDX	F	0.12%	0.06%	0.06%
SRRK	C	0.15%	0.13%	0.13%
SUPN	B	0.13%	0.02%	0.02%
SVRA	F	0.04%	0.02%	0.02%
SWTX	C	0.16%	0.02%	0.02%
TERN	F	0.03%	0.04%	0.03%
TSHA	D	0.02%	0.06%	0.02%
TVTX	C	0.09%	0.16%	0.09%
TWST	F	0.18%	0.14%	0.14%
URGN	F	0.03%	0.01%	0.01%
VCEL	B	0.16%	0.03%	0.03%
VCYT	B	0.19%	0.15%	0.15%
VERA	B	0.18%	0.02%	0.02%
VNDA	C	0.02%	0.05%	0.02%
VYGR	F	0.03%	0.04%	0.03%
WVE	C	0.12%	0.08%	0.08%
XNCR	B	0.1%	0.02%	0.02%
YMAB	F	0.05%	0.03%	0.03%
ZNTL	D	0.02%	0.04%	0.02%

BIB Overweight 98 Positions Relative to FESM

Symbol	Grade	Weight
GILD	B	6.83%
VRTX	C	5.59%
AMGN	F	5.32%
REGN	F	3.84%
AZN	F	2.52%
ALNY	D	2.34%
BIIB	F	1.69%
ILMN	C	1.65%
MRNA	F	1.29%
ARGX	B	1.27%
UTHR	C	1.2%
INCY	B	1.06%
VTRS	A	1.05%
SNY	D	1.01%
BMRN	F	0.85%
NBIX	D	0.84%
RPRX	F	0.79%
SRPT	F	0.77%
BNTX	D	0.71%
EXEL	B	0.68%
ITCI	B	0.64%
BGNE	D	0.61%
ROIV	D	0.58%
ASND	F	0.49%
JAZZ	B	0.49%
IONS	F	0.38%
RARE	F	0.31%
CRSP	D	0.3%
MRUS	D	0.25%
XENE	D	0.23%
APLS	F	0.23%
LEGN	F	0.22%
JANX	C	0.19%
VRNA	B	0.18%
KROS	D	0.17%
MNKD	B	0.14%
IRON	C	0.13%
NVCR	D	0.13%
MIRM	C	0.13%
HRMY	D	0.13%
TARS	C	0.12%
DAWN	D	0.11%
FTRE	D	0.11%
OCUL	C	0.11%
ARDX	F	0.1%
ZLAB	C	0.1%
SPRY	C	0.1%
IMCR	F	0.09%
VIR	F	0.09%
ELVN	C	0.09%
CNTA	C	0.08%
GRFS	C	0.08%
AUPH	C	0.08%
INVA	C	0.08%
PHAT	F	0.08%
MRVI	F	0.07%
CGEM	F	0.06%
BCYC	F	0.06%
CSTL	C	0.06%
PLRX	D	0.06%
PRTA	F	0.06%
GMAB	F	0.06%
MLYS	D	0.05%
OLMA	F	0.05%
ABCL	D	0.05%
AUTL	F	0.05%
VERV	F	0.04%
SIGA	F	0.04%
RGNX	F	0.04%
GLPG	F	0.04%
THRD	D	0.04%
HCM	F	0.04%
CVAC	F	0.04%
EYPT	D	0.04%
AVXL	C	0.04%
ANAB	F	0.04%
ALLO	D	0.04%
TBPH	B	0.03%
FDMT	F	0.03%
LXRX	F	0.03%
PRME	F	0.03%
XERS	C	0.03%
MGTX	C	0.03%
ATAI	B	0.02%
AMRN	F	0.02%
BMEA	F	0.02%
LYEL	F	0.02%
ACIU	F	0.02%
ITOS	F	0.02%
QURE	C	0.02%
ALXO	F	0.01%
OVID	D	0.01%
RAPT	F	0.01%
VTYX	F	0.01%
ACRS	B	0.01%
FULC	F	0.01%
CABA	F	0.01%
BLUE	F	0.0%

BIB Underweight 465 Positions Relative to FESM

Symbol	Grade	Weight
SFM	B	-0.97%
LUMN	C	-0.86%
CRS	A	-0.81%
QTWO	B	-0.8%
CVLT	B	-0.77%
ANF	C	-0.74%
FN	C	-0.74%
SPSC	F	-0.72%
SKYW	B	-0.69%
BGC	B	-0.66%
PAYO	A	-0.65%
JXN	B	-0.64%
ENS	D	-0.61%
MWA	B	-0.6%
MHO	D	-0.59%
CSGS	B	-0.59%
YELP	C	-0.58%
CRGY	A	-0.58%
COMP	B	-0.58%
IBP	F	-0.57%
NWBI	A	-0.57%
QLYS	C	-0.56%
MTX	B	-0.56%
EME	B	-0.55%
CVNA	A	-0.55%
FIX	A	-0.55%
EXLS	B	-0.54%
PRG	B	-0.54%
HWKN	B	-0.53%
OUT	A	-0.53%
LKFN	A	-0.52%
FUL	F	-0.52%
WT	A	-0.51%
MTDR	B	-0.51%
VMEO	B	-0.51%
LMND	A	-0.51%
FHI	A	-0.5%
AEO	F	-0.5%
UPBD	C	-0.5%
FLR	B	-0.5%
AIR	B	-0.49%
IGT	F	-0.49%
MXL	D	-0.48%
AIT	A	-0.47%
TMHC	B	-0.47%
ITRI	B	-0.47%
REZI	A	-0.46%
LANC	D	-0.45%
SIGI	B	-0.44%
CODI	A	-0.44%
BANF	B	-0.43%
BHE	B	-0.41%
BMI	C	-0.4%
MMSI	A	-0.4%
GT	C	-0.39%
WTS	A	-0.39%
CMPR	F	-0.39%
AROC	A	-0.39%
SANM	B	-0.39%
APOG	B	-0.38%
ACA	A	-0.37%
UCTT	F	-0.37%
CBU	B	-0.37%
AAT	C	-0.36%
CRDO	C	-0.36%
BAND	D	-0.36%
ABCB	B	-0.36%
TENB	D	-0.36%
CNMD	C	-0.35%
CECO	C	-0.35%
FFIN	A	-0.35%
VICR	C	-0.35%
UMBF	B	-0.34%
TPH	D	-0.34%
TEX	D	-0.34%
PECO	A	-0.34%
ESRT	D	-0.34%
BBSI	A	-0.33%
GNW	A	-0.33%
NMIH	D	-0.33%
YOU	D	-0.32%
SF	A	-0.32%
SXT	C	-0.32%
ATI	D	-0.32%
ABM	B	-0.32%
MATX	B	-0.32%
STEP	B	-0.32%
COKE	D	-0.32%
PFS	A	-0.31%
EQC	A	-0.31%
SWX	A	-0.31%
KAR	A	-0.31%
KTOS	C	-0.31%
NJR	A	-0.3%
MTH	D	-0.3%
AWR	A	-0.3%
WOOF	D	-0.3%
GFF	B	-0.3%
VREX	C	-0.29%
EGHT	C	-0.29%
AX	A	-0.29%
PHR	F	-0.29%
BDC	B	-0.29%
TRNO	D	-0.28%
LNW	F	-0.28%
SXC	A	-0.28%
WK	B	-0.28%
YEXT	B	-0.28%
FBP	B	-0.28%
CNO	A	-0.27%
PRGS	B	-0.26%
TRN	A	-0.26%
CEIX	A	-0.25%
PLPC	B	-0.25%
CDP	C	-0.25%
HP	C	-0.25%
MOG.A	B	-0.25%
SNEX	A	-0.25%
HQY	A	-0.24%
PDFS	D	-0.24%
BCO	F	-0.24%
PSN	C	-0.24%
NBR	D	-0.24%
SHAK	B	-0.23%
PLXS	B	-0.23%
EPAC	B	-0.23%
EZPW	A	-0.23%
CORT	C	-0.23%
CPF	A	-0.23%
BUSE	B	-0.23%
MRTN	C	-0.23%
HLX	C	-0.23%
RNST	B	-0.22%
PLAB	D	-0.22%
CRC	A	-0.22%
COMM	D	-0.22%
CALM	A	-0.22%
HWC	B	-0.22%
CRAI	B	-0.22%
GEO	A	-0.22%
MAC	A	-0.22%
AORT	B	-0.22%
TILE	B	-0.22%
ROCK	C	-0.21%
WABC	B	-0.21%
AXGN	D	-0.21%
PBH	A	-0.21%
SJW	F	-0.21%
HURN	B	-0.21%
OI	D	-0.21%
AXL	C	-0.21%
CTRE	D	-0.2%
HNI	B	-0.2%
BL	C	-0.2%
HSTM	B	-0.2%
ZUO	B	-0.2%
KBH	D	-0.2%
CWT	D	-0.2%
PBI	C	-0.19%
TNC	F	-0.19%
HL	D	-0.19%
MUR	D	-0.19%
SMTC	C	-0.19%
FULT	A	-0.19%
UBSI	A	-0.19%
RMBS	C	-0.19%
PD	C	-0.18%
SBH	A	-0.18%
PJT	B	-0.18%
CADE	B	-0.18%
FRME	A	-0.18%
PRO	C	-0.18%
SFBS	B	-0.18%
XRX	F	-0.18%
SLVM	B	-0.18%
BVS	D	-0.18%
HY	D	-0.18%
AVNS	F	-0.18%
CNXN	D	-0.18%
VRE	A	-0.18%
ARLO	D	-0.17%
IRTC	C	-0.17%
CSWI	A	-0.17%
PRK	B	-0.17%
DCO	B	-0.17%
TDS	B	-0.17%
LMB	A	-0.17%
FLNC	D	-0.17%
INTA	B	-0.17%
EXPI	C	-0.16%
BOH	B	-0.16%
BCC	A	-0.16%
DXPE	B	-0.16%
ALRM	C	-0.16%
DOMO	C	-0.15%
STNG	F	-0.15%
WSBC	A	-0.15%
DY	C	-0.15%
NFBK	B	-0.15%
AMSF	B	-0.15%
TRTX	B	-0.15%
SAH	B	-0.15%
OFG	B	-0.15%
CPS	C	-0.15%
OPCH	F	-0.14%
GHC	B	-0.14%
CPRX	C	-0.14%
ETD	D	-0.14%
WKC	D	-0.14%
HAE	B	-0.14%
FLXS	B	-0.14%
VRTS	B	-0.14%
UCB	A	-0.14%
CNK	A	-0.14%
ATRC	C	-0.13%
WSR	A	-0.13%
WS	B	-0.13%
KNF	B	-0.13%
EXTR	C	-0.13%
SRCE	B	-0.13%
SLG	B	-0.13%
BRC	C	-0.12%
ZEUS	C	-0.12%
DK	D	-0.12%
KREF	D	-0.12%
TRUP	B	-0.12%
REPX	A	-0.12%
AMRX	C	-0.12%
AMSC	C	-0.12%
FORM	F	-0.12%
CHX	C	-0.11%
SKT	A	-0.11%
HCAT	C	-0.11%
OTTR	C	-0.11%
CDNA	D	-0.11%
HCI	C	-0.11%
LYTS	A	-0.11%
UNIT	B	-0.11%
EAT	A	-0.11%
DIOD	F	-0.1%
ALE	A	-0.1%
LADR	B	-0.1%
TRUE	B	-0.1%
OSCR	D	-0.1%
NGVC	B	-0.1%
GKOS	B	-0.1%
INDB	A	-0.1%
FFBC	A	-0.1%
GMRE	F	-0.1%
AUB	A	-0.1%
ADUS	D	-0.1%
VTOL	B	-0.1%
ALTR	B	-0.1%
RDFN	F	-0.1%
TGTX	C	-0.09%
VBTX	B	-0.09%
EBS	C	-0.09%
AMBA	B	-0.09%
AMAL	B	-0.09%
ODP	F	-0.09%
HLIT	F	-0.09%
BCPC	B	-0.09%
AGS	A	-0.09%
AUR	C	-0.09%
ARAY	D	-0.08%
PRLB	B	-0.08%
FTDR	B	-0.08%
FDP	A	-0.08%
BSRR	B	-0.08%
SGMO	C	-0.08%
CDMO	A	-0.08%
DEA	D	-0.08%
EGP	D	-0.08%
KTB	A	-0.08%
TDOC	C	-0.08%
CATY	A	-0.08%
LTH	D	-0.08%
AIN	C	-0.08%
MTRN	C	-0.08%
URBN	C	-0.08%
RUSHA	B	-0.08%
TCMD	A	-0.08%
AKBA	C	-0.08%
SSTK	F	-0.08%
FSS	B	-0.08%
MRC	B	-0.08%
SCS	B	-0.08%
SPT	C	-0.08%
LUNR	B	-0.07%
LNTH	F	-0.07%
LIVN	C	-0.07%
CTKB	C	-0.07%
KE	C	-0.07%
WEAV	B	-0.07%
KOD	B	-0.07%
HBI	A	-0.07%
JAMF	F	-0.07%
NBTB	B	-0.07%
HRTG	C	-0.07%
FISI	B	-0.07%
PGC	A	-0.07%
SEM	B	-0.07%
LGF.A	F	-0.07%
MYE	F	-0.07%
OPEN	F	-0.07%
NUVB	C	-0.07%
ATNI	F	-0.07%
PL	B	-0.07%
CTBI	A	-0.07%
THR	B	-0.07%
WSBF	B	-0.07%
BLKB	C	-0.07%
CDE	C	-0.07%
WMK	B	-0.07%
BSIG	A	-0.07%
ANNX	F	-0.06%
RXO	C	-0.06%
UEC	A	-0.06%
APPN	C	-0.06%
IART	C	-0.06%
BGS	F	-0.06%
CDXS	C	-0.06%
CMC	B	-0.06%
TREE	F	-0.06%
CCCC	F	-0.06%
HURC	C	-0.06%
RM	D	-0.06%
GIC	F	-0.06%
BKD	F	-0.06%
AVD	C	-0.06%
CLDX	F	-0.06%
CERS	D	-0.06%
QTRX	D	-0.06%
FBK	B	-0.06%
NABL	F	-0.06%
ALLK	C	-0.05%
ACIW	B	-0.05%
DAKT	A	-0.05%
LGF.A	F	-0.05%
DSGN	C	-0.05%
TMCI	C	-0.05%
ATRO	F	-0.05%
ORGO	B	-0.05%
FLYW	B	-0.05%
MLNK	C	-0.05%
ZIP	D	-0.05%
OPY	B	-0.05%
UHT	D	-0.05%
OIS	B	-0.05%
STRO	D	-0.05%
BY	B	-0.05%
ABSI	F	-0.05%
EE	A	-0.05%
SNBR	F	-0.05%
ONTO	F	-0.05%
MCRI	A	-0.05%
CVBF	A	-0.05%
BOOT	C	-0.05%
TSVT	F	-0.04%
HRTX	F	-0.04%
LPSN	F	-0.04%
ICFI	F	-0.04%
BLBD	F	-0.04%
AOSL	D	-0.04%
BDTX	F	-0.04%
TNDM	F	-0.04%
NXRT	A	-0.04%
MSBI	B	-0.04%
BRSP	B	-0.04%
CXM	C	-0.04%
BASE	C	-0.04%
CRVL	A	-0.04%
ALX	D	-0.04%
NPAB	F	-0.04%
UVE	A	-0.04%
COUR	F	-0.04%
NSSC	F	-0.04%
TXRH	B	-0.04%
PRTS	C	-0.03%
FIZZ	B	-0.03%
ANIK	D	-0.03%
GCI	D	-0.03%
NPK	C	-0.03%
ACET	F	-0.03%
GIII	D	-0.03%
ENTA	F	-0.03%
RMAX	D	-0.03%
SHEN	F	-0.03%
CWCO	C	-0.03%
IDT	B	-0.03%
RLMD	F	-0.03%
MBWM	B	-0.03%
USLM	A	-0.03%
BECN	A	-0.03%
ENSG	D	-0.03%
STNE	F	-0.03%
MED	F	-0.03%
VSCO	A	-0.03%
AXNX	A	-0.03%
ASC	F	-0.03%
STBA	B	-0.03%
FNKO	D	-0.03%
UVSP	B	-0.03%
MCY	A	-0.03%
ARRY	D	-0.03%
UFPI	C	-0.03%
ETWO	F	-0.03%
HNST	A	-0.03%
CHGG	D	-0.03%
BHLB	B	-0.03%
LMAT	A	-0.03%
NARI	B	-0.03%
GRC	B	-0.03%
FATE	F	-0.03%
HIMS	C	-0.03%
CSR	B	-0.03%
ANGO	C	-0.02%
RCKY	F	-0.02%
EB	C	-0.02%
UPLD	B	-0.02%
DIN	C	-0.02%
ONTF	C	-0.02%
TNYA	D	-0.02%
CTMX	F	-0.02%
SPNS	F	-0.02%
MQ	D	-0.02%
ZIMV	F	-0.02%
TNET	F	-0.02%
MCB	A	-0.02%
RAMP	C	-0.02%
NKTR	F	-0.02%
TCBK	A	-0.02%
JBSS	F	-0.02%
SPOK	B	-0.02%
MRSN	C	-0.02%
PRAA	C	-0.02%
GPRE	F	-0.02%
FCF	A	-0.02%
DOC	D	-0.02%
TSE	F	-0.02%
ALHC	C	-0.02%
NKTX	F	-0.02%
MDXG	A	-0.02%
SFL	D	-0.02%
ALT	C	-0.02%
PDCO	D	-0.02%
KPTI	D	-0.02%
PBYI	D	-0.02%
FSTR	B	-0.02%
PKE	B	-0.02%
BOLT	F	-0.01%
CARA	D	-0.01%
WFRD	F	-0.01%
ALVR	F	-0.01%
INO	F	-0.01%
NOVA	F	-0.01%
GATX	A	-0.01%
ZDGE	F	-0.01%
FGEN	F	-0.01%
AVTE	D	-0.01%
ADAP	F	-0.01%
SPCE	C	-0.01%
RIG	D	-0.01%
XBIT	D	-0.01%
CCBG	B	-0.01%