BIS vs. XHE ETF Comparison
Comparison of ProShares UltraShort Nasdaq Biotechnology (BIS) to SPDR S&P Health Care Equipment (XHE)
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
$15.24
Average Daily Volume
14,603
73
XHE
SPDR S&P Health Care Equipment
XHE Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care equipment and supplies segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Equipment Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care equipment industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$88.16
Average Daily Volume
19,693
61
Performance
| Period | BIS | XHE |
|---|---|---|
| 30 Days | 6.31% | -1.97% |
| 60 Days | -0.30% | 4.40% |
| 90 Days | -10.87% | 6.19% |
| 12 Months | -32.38% | 15.76% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BIS | Weight in XHE | Overlap | |
|---|---|---|---|---|---|
| NVCR | F | 1.1% | 1.57% | 1.1% |
BIS Overweight 72 Positions Relative to XHE
| Symbol | Grade | Weight | |
|---|---|---|---|
| AMGN | D | 8.14% | |
| GILD | A | 7.41% | |
| VRTX | D | 7.21% | |
| BIIB | F | 6.12% | |
| ILMN | B | 5.67% | |
| REGN | D | 4.13% | |
| INCY | B | 2.09% | |
| BMRN | F | 1.91% | |
| ALNY | C | 1.6% | |
| VTRS | D | 1.35% | |
| SNY | C | 1.29% | |
| NBIX | F | 1.16% | |
| SRPT | F | 1.15% | |
| JAZZ | F | 1.03% | |
| TECH | C | 1.02% | |
| IONS | F | 1.02% | |
| GH | F | 0.96% | |
| AMRN | F | 0.85% | |
| MRNA | F | 0.83% | |
| BGNE | B | 0.83% | |
| ACAD | F | 0.81% | |
| ASND | C | 0.77% | |
| EXEL | B | 0.73% | |
| ARWR | F | 0.65% | |
| BLUE | F | 0.65% | |
| BBIO | F | 0.51% | |
| ALLK | F | 0.49% | |
| UTHR | C | 0.49% | |
| NKTR | D | 0.48% | |
| SAGE | F | 0.48% | |
| BPMC | F | 0.48% | |
| FGEN | F | 0.47% | |
| AGIO | D | 0.43% | |
| CRSP | F | 0.42% | |
| RARE | C | 0.42% | |
| ADPT | B | 0.42% | |
| MEDP | F | 0.4% | |
| PTCT | C | 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 | F | 0.35% | |
| HALO | D | 0.35% | |
| QURE | F | 0.35% | |
| FOLD | F | 0.32% | |
| APLS | F | 0.31% | |
| XNCR | D | 0.26% | |
| MYGN | D | 0.26% | |
| DNLI | C | 0.26% | |
| ZLAB | B | 0.24% | |
| IRWD | F | 0.24% | |
| ARVN | F | 0.24% | |
| INSM | D | 0.23% | |
| FATE | F | 0.23% | |
| PCRX | F | 0.22% | |
| GLPG | D | 0.22% | |
| ITCI | D | 0.21% | |
| RGNX | F | 0.21% | |
| ESPR | F | 0.19% | |
| EDIT | F | 0.19% | |
| LGND | D | 0.19% | |
| INVA | B | 0.18% | |
| VCYT | C | 0.18% | |
| ALEC | F | 0.18% | |
| TBPH | F | 0.17% | |
| YMAB | B | 0.16% | |
| CHRS | F | 0.16% | |
| HCM | B | 0.15% | |
| SUPN | D | 0.15% |
BIS Underweight 60 Positions Relative to XHE
| Symbol | Grade | Weight | |
|---|---|---|---|
| MASI | B | -1.96% | |
| UFPT | D | -1.93% | |
| NEOG | D | -1.91% | |
| INSP | B | -1.88% | |
| LIVN | B | -1.87% | |
| TMDX | D | -1.86% | |
| LNTH | C | -1.86% | |
| GEHC | C | -1.85% | |
| MMSI | C | -1.84% | |
| PEN | D | -1.84% | |
| ALGN | D | -1.83% | |
| ATRC | C | -1.82% | |
| TNDM | D | -1.82% | |
| OMCL | C | -1.8% | |
| GMED | D | -1.8% | |
| PODD | C | -1.8% | |
| ZBH | F | -1.79% | |
| ITGR | C | -1.79% | |
| GKOS | B | -1.79% | |
| IDXX | D | -1.79% | |
| BSX | A | -1.78% | |
| CNMD | D | -1.77% | |
| SOLV | C | -1.77% | |
| BDX | B | -1.77% | |
| AXNX | A | -1.77% | |
| DXCM | F | -1.77% | |
| HAE | D | -1.77% | |
| HOLX | D | -1.77% | |
| IART | F | -1.77% | |
| ENOV | F | -1.77% | |
| TFX | C | -1.76% | |
| XRAY | D | -1.76% | |
| ISRG | A | -1.76% | |
| MDT | B | -1.76% | |
| RMD | C | -1.75% | |
| PRCT | C | -1.75% | |
| SYK | C | -1.75% | |
| EW | F | -1.74% | |
| ABT | B | -1.74% | |
| STE | D | -1.73% | |
| ICUI | B | -1.73% | |
| BAX | D | -1.73% | |
| NVST | D | -1.73% | |
| STAA | D | -1.66% | |
| RXST | F | -1.66% | |
| NARI | F | -1.64% | |
| IRTC | F | -1.61% | |
| LMAT | B | -1.55% | |
| ATEC | F | -1.55% | |
| SRDX | D | -1.26% | |
| VREX | F | -0.86% | |
| ZIMV | F | -0.66% | |
| SIBN | F | -0.64% | |
| EMBC | F | -0.61% | |
| AVNS | D | -0.59% | |
| OFIX | D | -0.57% | |
| KIDS | F | -0.54% | |
| OSUR | F | -0.47% | |
| AXGN | B | -0.42% | |
| TCMD | B | -0.37% |
BIS: Top Represented Industries & Keywords
XHE: Top Represented Industries & Keywords
Compare ETFs
