CANC vs. BIS ETF Comparison
Comparison of Tema Oncology ETF (CANC) to ProShares UltraShort Nasdaq Biotechnology (BIS)
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
$26.92
Average Daily Volume
2,676
Number of Holdings
*
43
* may have additional holdings in another (foreign) market
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
$16.53
Average Daily Volume
13,942
Number of Holdings
*
73
* may have additional holdings in another (foreign) market
Performance
| Period | CANC | BIS |
|---|---|---|
| 30 Days | -6.12% | 13.36% |
| 60 Days | -9.26% | 19.40% |
| 90 Days | -11.21% | 19.82% |
| 12 Months | 15.05% | -26.37% |
14 Overlapping Holdings
| Symbol | Grade | Weight in CANC | Weight in BIS | Overlap | |
|---|---|---|---|---|---|
| AGIO | C | 2.71% | 0.43% | 0.43% | |
| AMGN | F | 2.37% | 8.14% | 2.37% | |
| ARGX | B | 4.19% | 0.4% | 0.4% | |
| ARVN | F | 0.46% | 0.24% | 0.24% | |
| BGNE | D | 2.3% | 0.83% | 0.83% | |
| BPMC | B | 4.05% | 0.48% | 0.48% | |
| CRSP | D | 2.3% | 0.42% | 0.42% | |
| EXEL | B | 2.93% | 0.73% | 0.73% | |
| GH | B | 2.07% | 0.96% | 0.96% | |
| GILD | C | 5.49% | 7.41% | 5.49% | |
| ILMN | C | 4.16% | 5.67% | 4.16% | |
| INCY | C | 4.1% | 2.09% | 2.09% | |
| MRNA | F | 0.72% | 0.83% | 0.72% | |
| REGN | F | 5.25% | 4.13% | 4.13% |
CANC Overweight 29 Positions Relative to BIS
| 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% |
CANC Underweight 59 Positions Relative to BIS
| 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% |
CANC: Top Represented Industries & Keywords
BIS: Top Represented Industries & Keywords
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