GDOC vs. BIS ETF Comparison
Comparison of Goldman Sachs Future Health Care Equity ETF (GDOC) to ProShares UltraShort Nasdaq Biotechnology (BIS)
GDOC
Goldman Sachs Future Health Care Equity ETF
GDOC Description
Goldman Sachs Future Health Care Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across health care including genomics, precision medicine, technology-enabled procedures, and digital healthcare sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund employs fundamental analysis and quantitative with to create its portfolio. It seeks to benchmark the performance of its portfolio against the MSCI ACWI Health Care Index. The fund employs proprietary research to create its portfolio. Goldman Sachs Future Health Care Equity ETF was formed on November 9, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$32.98
Average Daily Volume
843
31
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
$17.15
Average Daily Volume
14,128
73
Performance
| Period | GDOC | BIS |
|---|---|---|
| 30 Days | -7.31% | 14.68% |
| 60 Days | -9.35% | 21.35% |
| 90 Days | -9.91% | 19.61% |
| 12 Months | 10.77% | -26.18% |
GDOC Overweight 24 Positions Relative to BIS
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | F | 10.15% | |
| BSX | A | 7.57% | |
| ISRG | A | 5.94% | |
| UNH | B | 5.35% | |
| ABBV | F | 5.21% | |
| PODD | B | 4.9% | |
| ABT | B | 4.06% | |
| MRK | F | 4.0% | |
| DHR | D | 3.47% | |
| VEEV | C | 2.06% | |
| IDXX | F | 1.53% | |
| WST | C | 1.27% | |
| MTD | F | 1.24% | |
| NTRA | A | 0.91% | |
| MDGL | C | 0.7% | |
| CGON | F | 0.65% | |
| PCVX | D | 0.6% | |
| ALGN | D | 0.59% | |
| ROIV | D | 0.59% | |
| GMAB | F | 0.55% | |
| XENE | D | 0.46% | |
| TMDX | F | 0.45% | |
| IRTC | C | 0.35% | |
| ANAB | F | 0.2% |
GDOC Underweight 66 Positions Relative to BIS
| Symbol | Grade | Weight | |
|---|---|---|---|
| GILD | B | -7.41% | |
| VRTX | D | -7.21% | |
| BIIB | F | -6.12% | |
| ILMN | C | -5.67% | |
| REGN | F | -4.13% | |
| INCY | C | -2.09% | |
| VTRS | A | -1.35% | |
| SNY | F | -1.29% | |
| SRPT | F | -1.15% | |
| NVCR | C | -1.1% | |
| JAZZ | B | -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% | |
| FGEN | F | -0.47% | |
| AGIO | C | -0.43% | |
| CRSP | D | -0.42% | |
| ADPT | C | -0.42% | |
| MEDP | F | -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 | D | -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% | |
| 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 | D | -0.18% | |
| VCYT | B | -0.18% | |
| ALEC | F | -0.18% | |
| TBPH | B | -0.17% | |
| YMAB | F | -0.16% | |
| CHRS | D | -0.16% | |
| HCM | C | -0.15% | |
| SUPN | B | -0.15% |
GDOC: Top Represented Industries & Keywords
BIS: Top Represented Industries & Keywords
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