BIS vs. IHI ETF Comparison
Comparison of ProShares UltraShort Nasdaq Biotechnology (BIS) to iShares U.S. Medical Devices ETF (IHI)
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
$17.66
Average Daily Volume
13,617
73
IHI
iShares U.S. Medical Devices ETF
IHI Description
The investment seeks to track the investment results of an index composed of U.S. equities in the medical devices sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Medical Equipment Index (the "underlying index"), which measures the performance of the medical equipment sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$59.96
Average Daily Volume
478,973
48
Performance
Period | BIS | IHI |
---|---|---|
30 Days | 19.73% | -0.58% |
60 Days | 23.02% | 1.56% |
90 Days | 23.53% | 4.17% |
12 Months | -23.51% | 22.24% |
1 Overlapping Holdings
Symbol | Grade | Weight in BIS | Weight in IHI | Overlap | |
---|---|---|---|---|---|
NVCR | D | 1.1% | 0.19% | 0.19% |
BIS Overweight 72 Positions Relative to IHI
Symbol | Grade | Weight | |
---|---|---|---|
AMGN | D | 8.14% | |
GILD | C | 7.41% | |
VRTX | D | 7.21% | |
BIIB | F | 6.12% | |
ILMN | C | 5.67% | |
REGN | F | 4.13% | |
INCY | C | 2.09% | |
BMRN | F | 1.91% | |
ALNY | D | 1.6% | |
VTRS | A | 1.35% | |
SNY | F | 1.29% | |
NBIX | C | 1.16% | |
SRPT | F | 1.15% | |
JAZZ | C | 1.03% | |
TECH | F | 1.02% | |
IONS | F | 1.02% | |
GH | B | 0.96% | |
AMRN | F | 0.85% | |
MRNA | F | 0.83% | |
BGNE | D | 0.83% | |
ACAD | C | 0.81% | |
ASND | F | 0.77% | |
EXEL | B | 0.73% | |
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% | |
BPMC | C | 0.48% | |
FGEN | F | 0.47% | |
AGIO | C | 0.43% | |
CRSP | D | 0.42% | |
RARE | F | 0.42% | |
ADPT | C | 0.42% | |
MEDP | D | 0.4% | |
PTCT | C | 0.4% | |
ARGX | 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 | C | 0.26% | |
ZLAB | C | 0.24% | |
IRWD | F | 0.24% | |
ARVN | F | 0.24% | |
INSM | C | 0.23% | |
FATE | F | 0.23% | |
PCRX | C | 0.22% | |
GLPG | F | 0.22% | |
ITCI | B | 0.21% | |
RGNX | D | 0.21% | |
ESPR | B | 0.19% | |
EDIT | F | 0.19% | |
LGND | C | 0.19% | |
INVA | C | 0.18% | |
VCYT | B | 0.18% | |
ALEC | F | 0.18% | |
TBPH | B | 0.17% | |
YMAB | F | 0.16% | |
CHRS | F | 0.16% | |
HCM | F | 0.15% | |
SUPN | B | 0.15% |
BIS Underweight 47 Positions Relative to IHI
Symbol | Grade | Weight | |
---|---|---|---|
ABT | A | -16.82% | |
ISRG | A | -15.61% | |
SYK | A | -11.15% | |
BSX | A | -4.67% | |
EW | C | -4.42% | |
GEHC | D | -4.38% | |
MDT | D | -4.31% | |
BDX | F | -4.29% | |
RMD | C | -4.04% | |
IDXX | F | -3.82% | |
DXCM | C | -3.56% | |
ZBH | C | -2.69% | |
STE | D | -2.54% | |
PODD | B | -2.14% | |
HOLX | D | -2.14% | |
BAX | F | -1.91% | |
PEN | B | -1.08% | |
GMED | A | -1.07% | |
TFX | F | -1.06% | |
GKOS | A | -0.89% | |
MASI | B | -0.83% | |
INSP | F | -0.6% | |
PRCT | B | -0.54% | |
ITGR | B | -0.52% | |
AXNX | A | -0.42% | |
NVST | C | -0.41% | |
LIVN | D | -0.33% | |
TMDX | F | -0.31% | |
NARI | C | -0.3% | |
ENOV | C | -0.3% | |
IRTC | C | -0.29% | |
CNMD | C | -0.26% | |
QDEL | F | -0.25% | |
OMCL | C | -0.25% | |
LMAT | A | -0.24% | |
TNDM | F | -0.21% | |
ATRC | C | -0.2% | |
IART | C | -0.18% | |
AORT | B | -0.12% | |
ATEC | C | -0.1% | |
OFIX | B | -0.08% | |
AXGN | D | -0.07% | |
VREX | C | -0.07% | |
SIBN | F | -0.06% | |
SRDX | B | -0.06% | |
FNA | B | -0.05% | |
TMCI | C | -0.04% |
BIS: Top Represented Industries & Keywords
IHI: Top Represented Industries & Keywords