BIS vs. CANC ETF Comparison
Comparison of ProShares UltraShort Nasdaq Biotechnology (BIS) to Tema Oncology ETF (CANC)
BIS
ProShares UltraShort Nasdaq Biotechnology
BIS Description
The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq Biotechnology Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of 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. It is non-diversified.
Grade (RS Rating)
Last Trade
$16.55
Average Daily Volume
13,942
73
CANC
Tema Oncology ETF
CANC Description
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in publicly listed companies that derive at least 50% of revenues from oncology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$26.96
Average Daily Volume
2,676
43
Performance
| Period | BIS | CANC |
|---|---|---|
| 30 Days | 13.36% | -6.12% |
| 60 Days | 19.40% | -9.26% |
| 90 Days | 19.82% | -11.21% |
| 12 Months | -26.37% | 15.05% |
14 Overlapping Holdings
| Symbol | Grade | Weight in BIS | Weight in CANC | Overlap | |
|---|---|---|---|---|---|
| AGIO | C | 0.43% | 2.71% | 0.43% | |
| AMGN | F | 8.14% | 2.37% | 2.37% | |
| ARGX | B | 0.4% | 4.19% | 0.4% | |
| ARVN | F | 0.24% | 0.46% | 0.24% | |
| BGNE | D | 0.83% | 2.3% | 0.83% | |
| BPMC | B | 0.48% | 4.05% | 0.48% | |
| CRSP | D | 0.42% | 2.3% | 0.42% | |
| EXEL | B | 0.73% | 2.93% | 0.73% | |
| GH | B | 0.96% | 2.07% | 0.96% | |
| GILD | C | 7.41% | 5.49% | 5.49% | |
| ILMN | C | 5.67% | 4.16% | 4.16% | |
| INCY | C | 2.09% | 4.1% | 2.09% | |
| MRNA | F | 0.83% | 0.72% | 0.72% | |
| REGN | F | 4.13% | 5.25% | 4.13% |
BIS Overweight 59 Positions Relative to CANC
| Symbol | Grade | Weight | |
|---|---|---|---|
| VRTX | D | 7.21% | |
| BIIB | F | 6.12% | |
| BMRN | F | 1.91% | |
| ALNY | D | 1.6% | |
| VTRS | A | 1.35% | |
| SNY | F | 1.29% | |
| NBIX | C | 1.16% | |
| SRPT | F | 1.15% | |
| NVCR | C | 1.1% | |
| JAZZ | B | 1.03% | |
| TECH | F | 1.02% | |
| IONS | F | 1.02% | |
| AMRN | F | 0.85% | |
| ACAD | C | 0.81% | |
| ASND | F | 0.77% | |
| ARWR | D | 0.65% | |
| BLUE | F | 0.65% | |
| BBIO | F | 0.51% | |
| ALLK | D | 0.49% | |
| UTHR | C | 0.49% | |
| NKTR | F | 0.48% | |
| SAGE | F | 0.48% | |
| FGEN | D | 0.47% | |
| RARE | F | 0.42% | |
| ADPT | C | 0.42% | |
| MEDP | D | 0.4% | |
| PTCT | B | 0.4% | |
| AXSM | B | 0.38% | |
| ALLO | F | 0.37% | |
| GRFS | C | 0.36% | |
| IOVA | F | 0.36% | |
| ALKS | C | 0.36% | |
| KOD | B | 0.35% | |
| HALO | F | 0.35% | |
| QURE | C | 0.35% | |
| FOLD | F | 0.32% | |
| APLS | F | 0.31% | |
| XNCR | B | 0.26% | |
| MYGN | F | 0.26% | |
| DNLI | D | 0.26% | |
| ZLAB | C | 0.24% | |
| IRWD | F | 0.24% | |
| INSM | C | 0.23% | |
| FATE | F | 0.23% | |
| PCRX | C | 0.22% | |
| GLPG | F | 0.22% | |
| ITCI | C | 0.21% | |
| RGNX | D | 0.21% | |
| ESPR | B | 0.19% | |
| EDIT | F | 0.19% | |
| LGND | C | 0.19% | |
| INVA | D | 0.18% | |
| VCYT | B | 0.18% | |
| ALEC | F | 0.18% | |
| TBPH | B | 0.17% | |
| YMAB | F | 0.16% | |
| CHRS | D | 0.16% | |
| HCM | D | 0.15% | |
| SUPN | C | 0.15% |
BIS Underweight 29 Positions Relative to CANC
| Symbol | Grade | Weight | |
|---|---|---|---|
| RVMD | C | -4.6% | |
| MRK | D | -2.81% | |
| MREO | F | -2.54% | |
| SWTX | C | -2.14% | |
| NVS | F | -2.03% | |
| NUVL | C | -1.99% | |
| DAWN | D | -1.9% | |
| GMAB | F | -1.84% | |
| NTLA | F | -1.58% | |
| ACLX | C | -1.5% | |
| EXAS | D | -1.45% | |
| CLDX | F | -1.44% | |
| SDGR | C | -1.44% | |
| JANX | C | -1.43% | |
| LEGN | D | -1.41% | |
| MRUS | F | -1.37% | |
| LNTH | D | -1.22% | |
| NRIX | C | -1.15% | |
| COGT | D | -0.95% | |
| IDYA | F | -0.9% | |
| BNTX | C | -0.89% | |
| BCYC | F | -0.84% | |
| CGEM | F | -0.83% | |
| ORIC | F | -0.76% | |
| RLAY | F | -0.69% | |
| IMCR | D | -0.69% | |
| RCUS | F | -0.67% | |
| TERN | F | -0.6% | |
| CGON | F | -0.56% |
BIS: Top Represented Industries & Keywords
CANC: Top Represented Industries & Keywords
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