BIS vs. FMCX ETF Comparison
Comparison of ProShares UltraShort Nasdaq Biotechnology (BIS) to FMC Excelsior Focus Equity ETF (FMCX)
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
73
FMCX
FMC Excelsior Focus Equity ETF
FMCX Description
The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.Grade (RS Rating)
Last Trade
$32.39
Average Daily Volume
75
52
Performance
| Period | BIS | FMCX |
|---|---|---|
| 30 Days | 7.34% | 3.30% |
| 60 Days | 11.36% | 4.89% |
| 90 Days | 16.52% | 8.18% |
| 12 Months | -28.39% | 26.68% |
BIS Overweight 70 Positions Relative to FMCX
| Symbol | Grade | Weight | |
|---|---|---|---|
| VRTX | F | 7.21% | |
| BIIB | F | 6.12% | |
| ILMN | D | 5.67% | |
| REGN | F | 4.13% | |
| INCY | C | 2.09% | |
| BMRN | D | 1.91% | |
| ALNY | D | 1.6% | |
| VTRS | A | 1.35% | |
| SNY | F | 1.29% | |
| NBIX | C | 1.16% | |
| SRPT | D | 1.15% | |
| NVCR | C | 1.1% | |
| JAZZ | B | 1.03% | |
| TECH | D | 1.02% | |
| IONS | F | 1.02% | |
| GH | B | 0.96% | |
| AMRN | F | 0.85% | |
| MRNA | F | 0.83% | |
| BGNE | D | 0.83% | |
| ACAD | D | 0.81% | |
| ASND | D | 0.77% | |
| EXEL | B | 0.73% | |
| BLUE | F | 0.65% | |
| BBIO | F | 0.51% | |
| ALLK | D | 0.49% | |
| UTHR | C | 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% | |
| ARGX | A | 0.4% | |
| AXSM | B | 0.38% | |
| ALLO | F | 0.37% | |
| GRFS | C | 0.36% | |
| IOVA | F | 0.36% | |
| ALKS | B | 0.36% | |
| KOD | C | 0.35% | |
| HALO | F | 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% | |
| ITCI | C | 0.21% | |
| 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 49 Positions Relative to FMCX
| Symbol | Grade | Weight | |
|---|---|---|---|
| AAPL | C | -6.93% | |
| UNH | C | -6.84% | |
| KKR | A | -6.14% | |
| IAC | D | -5.35% | |
| AMZN | C | -5.01% | |
| GDDY | A | -4.98% | |
| MSFT | F | -4.79% | |
| LBRDK | C | -4.24% | |
| LSXMK | D | -4.22% | |
| GGG | B | -3.98% | |
| PYPL | B | -3.9% | |
| MTCH | D | -3.18% | |
| LSXMA | D | -1.79% | |
| GOOGL | C | -1.77% | |
| LBRDA | C | -1.74% | |
| PG | A | -1.3% | |
| PM | B | -1.21% | |
| YUM | B | -1.18% | |
| CMCSA | B | -1.13% | |
| MCD | D | -1.12% | |
| KEYS | A | -1.06% | |
| VUSB | A | -0.92% | |
| ICSH | A | -0.92% | |
| CL | D | -0.85% | |
| MO | A | -0.84% | |
| ENTG | D | -0.82% | |
| NKE | D | -0.68% | |
| HON | B | -0.6% | |
| DHR | F | -0.55% | |
| GOOG | C | -0.5% | |
| BAX | D | -0.47% | |
| YUMC | C | -0.42% | |
| MUSA | A | -0.4% | |
| SPGI | C | -0.37% | |
| MTX | B | -0.33% | |
| KEX | C | -0.33% | |
| EQR | B | -0.3% | |
| JPM | A | -0.3% | |
| MUR | D | -0.25% | |
| V | A | -0.21% | |
| FWONK | B | -0.21% | |
| BKNG | A | -0.19% | |
| FLWS | F | -0.15% | |
| GD | F | -0.13% | |
| BATRK | C | -0.11% | |
| PNR | A | -0.1% | |
| FWONA | B | -0.05% | |
| VMEO | B | -0.03% | |
| BATRA | F | -0.02% |
BIS: Top Represented Industries & Keywords
FMCX: Top Represented Industries & Keywords
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