BIB vs. FMED ETF Comparison

Comparison of ProShares Ultra Nasdaq Biotechnology (BIB) to Fidelity Disruptive Medicine ETF (FMED)

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

$56.47

Average Daily Volume

13,866

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

FMED

Fidelity Disruptive Medicine ETF

FMED Description

The fund normally invests at least 80% of assets in securities of disruptive medicine companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.44

Average Daily Volume

4,762

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BIB	FMED
30 Days	-8.59%	-1.34%
60 Days	-12.12%	-2.99%
90 Days	-16.16%	-1.48%
12 Months	30.59%	18.13%

20 Overlapping Holdings

Symbol	Grade	Weight in BIB	Weight in FMED	Overlap
ACLX	C	0.39%	0.45%	0.39%
ALNY	D	2.43%	2.9%	2.43%
ANAB	F	0.05%	0.24%	0.05%
ARGX	A	1.49%	3.27%	1.49%
ASND	D	0.58%	0.88%	0.58%
BNTX	D	0.81%	0.4%	0.4%
CRNX	C	0.35%	1.23%	0.35%
CYTK	F	0.5%	1.19%	0.5%
DAWN	F	0.11%	0.41%	0.11%
DNLI	D	0.28%	0.45%	0.28%
DYN	F	0.24%	1.13%	0.24%
JANX	C	0.2%	1.32%	0.2%
KROS	D	0.17%	1.34%	0.17%
LEGN	F	0.25%	1.95%	0.25%
NRIX	D	0.11%	0.44%	0.11%
PCVX	D	0.79%	1.13%	0.79%
REGN	F	4.32%	3.26%	3.26%
VRTX	F	6.33%	0.84%	0.84%
XENE	F	0.24%	1.17%	0.24%
ZLAB	C	0.1%	1.54%	0.1%

BIB Overweight 175 Positions Relative to FMED

Symbol	Grade	Weight
GILD	C	7.52%
AMGN	D	5.61%
AZN	D	3.01%
BIIB	F	1.87%
ILMN	D	1.7%
UTHR	C	1.3%
VTRS	A	1.26%
MRNA	F	1.24%
INCY	C	1.21%
SNY	F	1.16%
SMMT	D	1.12%
NBIX	C	0.97%
BMRN	D	0.96%
RPRX	D	0.94%
INSM	C	0.93%
SRPT	D	0.81%
EXEL	B	0.8%
MEDP	D	0.78%
RVMD	C	0.74%
ITCI	C	0.71%
BGNE	D	0.68%
ROIV	C	0.67%
JAZZ	B	0.59%
MDGL	B	0.54%
BPMC	C	0.47%
HALO	F	0.44%
NUVL	D	0.42%
KRYS	B	0.41%
IONS	F	0.4%
RNA	D	0.39%
ALKS	B	0.37%
ADMA	B	0.37%
AXSM	B	0.36%
BBIO	F	0.34%
CRSP	D	0.33%
RARE	D	0.33%
IMVT	F	0.3%
GH	B	0.29%
RYTM	C	0.29%
APLS	D	0.26%
AGIO	C	0.25%
PTCT	B	0.25%
MRUS	F	0.25%
EWTX	C	0.24%
VCYT	B	0.23%
ACAD	D	0.23%
FOLD	F	0.23%
KYMR	D	0.22%
VRNA	B	0.21%
IOVA	F	0.21%
SWTX	C	0.21%
VCEL	B	0.21%
TWST	D	0.2%
VERA	B	0.2%
GERN	D	0.19%
ARWR	F	0.19%
PTGX	C	0.19%
AMPH	D	0.18%
IDYA	F	0.18%
LGND	B	0.17%
AKRO	B	0.17%
SRRK	B	0.17%
SUPN	C	0.16%
MIRM	B	0.16%
BEAM	D	0.16%
MNKD	C	0.15%
HRMY	D	0.15%
RXRX	F	0.14%
FTRE	D	0.14%
TARS	B	0.14%
NVCR	C	0.14%
IRON	B	0.14%
ARVN	D	0.13%
WVE	C	0.13%
XNCR	B	0.12%
NTLA	F	0.12%
BCRX	D	0.12%
DVAX	C	0.12%
TVTX	B	0.11%
SPRY	D	0.11%
HROW	D	0.11%
OCUL	D	0.11%
SNDX	F	0.11%
MYGN	F	0.11%
ARDX	F	0.1%
ELVN	D	0.1%
INVA	D	0.1%
IMCR	C	0.1%
KURA	F	0.1%
RCKT	F	0.1%
NVAX	F	0.1%
ARQT	C	0.09%
GRFS	C	0.09%
CNTA	B	0.09%
AUPH	B	0.09%
ANIP	F	0.09%
COLL	F	0.08%
VIR	D	0.08%
COGT	D	0.08%
ETNB	C	0.07%
GMAB	F	0.07%
ADPT	C	0.06%
PRTA	F	0.06%
REPL	B	0.06%
PLRX	F	0.06%
EOLS	D	0.06%
BCYC	F	0.06%
PCRX	C	0.06%
ERAS	C	0.06%
CSTL	D	0.06%
CGEM	F	0.06%
ABCL	D	0.06%
MLYS	F	0.05%
CVAC	F	0.05%
AUTL	F	0.05%
ORIC	F	0.05%
PHAT	F	0.05%
AVXL	B	0.05%
IRWD	F	0.05%
MRVI	F	0.05%
RLAY	F	0.05%
ABUS	D	0.05%
XERS	B	0.04%
FDMT	F	0.04%
OABI	F	0.04%
ARCT	F	0.04%
SIGA	F	0.04%
ALLO	F	0.04%
TBPH	C	0.04%
URGN	F	0.04%
TSHA	C	0.04%
MGTX	C	0.04%
EYPT	F	0.04%
THRD	D	0.04%
YMAB	F	0.04%
SVRA	D	0.04%
PAHC	C	0.04%
OLMA	F	0.04%
RGNX	F	0.04%
SANA	F	0.04%
HCM	D	0.04%
HUMA	F	0.04%
GLPG	D	0.04%
ACIU	C	0.03%
LXRX	F	0.03%
ALEC	F	0.03%
VERV	F	0.03%
PRME	F	0.03%
KALV	D	0.03%
TERN	F	0.03%
RVNC	F	0.03%
PACB	F	0.03%
AMRN	F	0.02%
FULC	F	0.02%
EDIT	F	0.02%
ZNTL	F	0.02%
MGNX	F	0.02%
ACRS	C	0.02%
PGEN	F	0.02%
BMEA	F	0.02%
ATAI	C	0.02%
LYEL	F	0.02%
ITOS	F	0.02%
VNDA	C	0.02%
SAGE	F	0.02%
VYGR	F	0.02%
QURE	D	0.02%
BLUE	F	0.01%
ALXO	F	0.01%
OVID	F	0.01%
CHRS	D	0.01%
VTYX	F	0.01%
CABA	F	0.01%
CRBU	F	0.01%
RAPT	F	0.0%

BIB Underweight 32 Positions Relative to FMED

Symbol	Grade	Weight
BSX	B	-6.26%
UNH	C	-4.7%
PODD	C	-4.44%
ISRG	A	-4.42%
DHR	F	-3.8%
SYK	C	-2.73%
EXAS	D	-2.72%
PEN	B	-2.64%
LFST	C	-2.41%
VEEV	C	-2.18%
MASI	A	-2.01%
EW	C	-1.95%
INSP	D	-1.92%
DXCM	D	-1.88%
TMO	F	-1.87%
LLY	F	-1.78%
PRCT	B	-1.65%
AGL	F	-1.43%
GKOS	B	-1.42%
RGEN	D	-1.34%
PRVA	B	-1.34%
RMD	C	-1.3%
DOCS	C	-1.14%
BRKR	D	-1.12%
WST	C	-1.01%
TNDM	F	-1.0%
PHR	F	-0.99%
CNC	D	-0.98%
ALGN	F	-0.72%
TXG	F	-0.63%
NTRA	B	-0.56%
IRTC	D	-0.44%