BIS vs. FBT ETF Comparison

Comparison of ProShares UltraShort Nasdaq Biotechnology (BIS) to First Trust Amex Biotech Index Fund (FBT)
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

$16.67

Average Daily Volume

13,744

Number of Holdings *

73

* may have additional holdings in another (foreign) market
FBT

First Trust Amex Biotech Index Fund

FBT Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$168.85

Average Daily Volume

33,763

Number of Holdings *

30

* may have additional holdings in another (foreign) market
Performance
Period BIS FBT
30 Days 7.34% 0.05%
60 Days 11.36% -0.45%
90 Days 16.52% -0.91%
12 Months -28.39% 20.31%
20 Overlapping Holdings
Symbol Grade Weight in BIS Weight in FBT Overlap
ACAD D 0.81% 3.85% 0.81%
ALKS B 0.36% 3.31% 0.36%
ALNY D 1.6% 3.06% 1.6%
AMGN D 8.14% 3.04% 3.04%
ARGX A 0.4% 3.74% 0.4%
BGNE D 0.83% 2.76% 0.83%
BIIB F 6.12% 2.95% 2.95%
BMRN D 1.91% 3.15% 1.91%
EXEL B 0.73% 4.51% 0.73%
GILD C 7.41% 3.66% 3.66%
HALO F 0.35% 3.44% 0.35%
ILMN D 5.67% 3.3% 3.3%
INCY C 2.09% 3.97% 2.09%
ITCI C 0.21% 3.9% 0.21%
MRNA F 0.83% 2.3% 0.83%
NBIX C 1.16% 3.59% 1.16%
REGN F 4.13% 2.6% 2.6%
SRPT D 1.15% 2.96% 1.15%
UTHR C 0.49% 3.64% 0.49%
VRTX F 7.21% 3.39% 3.39%
BIS Overweight 53 Positions Relative to FBT
Symbol Grade Weight
VTRS A 1.35%
SNY F 1.29%
NVCR C 1.1%
JAZZ B 1.03%
TECH D 1.02%
IONS F 1.02%
GH B 0.96%
AMRN F 0.85%
ASND D 0.77%
ARWR F 0.65%
BLUE F 0.65%
BBIO F 0.51%
ALLK D 0.49%
NKTR F 0.48%
SAGE F 0.48%
BPMC C 0.48%
FGEN D 0.47%
AGIO C 0.43%
CRSP D 0.42%
RARE D 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%
KOD C 0.35%
QURE D 0.35%
FOLD F 0.32%
APLS D 0.31%
XNCR B 0.26%
MYGN F 0.26%
DNLI D 0.26%
ZLAB C 0.24%
IRWD F 0.24%
ARVN D 0.24%
INSM C 0.23%
FATE F 0.23%
PCRX C 0.22%
GLPG D 0.22%
RGNX F 0.21%
ESPR C 0.19%
EDIT F 0.19%
LGND B 0.19%
INVA D 0.18%
VCYT B 0.18%
ALEC F 0.18%
TBPH C 0.17%
YMAB F 0.16%
CHRS D 0.16%
HCM D 0.15%
SUPN C 0.15%
BIS Underweight 10 Positions Relative to FBT
Symbol Grade Weight
CORT B -4.07%
NTRA B -3.92%
CPRX C -3.62%
WAT B -3.55%
RGEN D -3.46%
GMAB F -3.04%
BNTX D -2.9%
MTD D -2.88%
BRKR D -2.85%
EXAS D -2.42%
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