IQSM vs. BIS ETF Comparison
Comparison of IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) to ProShares UltraShort Nasdaq Biotechnology (BIS)
IQSM
IQ Candriam ESG U.S. Mid Cap Equity ETF
IQSM Description
IQ Candriam ESG U.S. Mid Cap Equity ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of mid-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the IQ Candriam ESG U.S. Mid Cap Equity Index, by using full replication technique. IQ Candriam ESG U.S. Mid Cap Equity ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$34.29
Average Daily Volume
13,747
Number of Holdings
*
214
* 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
$16.67
Average Daily Volume
13,744
Number of Holdings
*
73
* may have additional holdings in another (foreign) market
Performance
| Period | IQSM | BIS |
|---|---|---|
| 30 Days | 4.29% | 7.34% |
| 60 Days | 5.32% | 11.36% |
| 90 Days | 6.64% | 16.52% |
| 12 Months | 27.71% | -28.39% |
11 Overlapping Holdings
| Symbol | Grade | Weight in IQSM | Weight in BIS | Overlap | |
|---|---|---|---|---|---|
| BPMC | C | 0.28% | 0.48% | 0.28% | |
| EXEL | B | 0.43% | 0.73% | 0.43% | |
| HALO | F | 0.32% | 0.35% | 0.32% | |
| INSM | C | 0.54% | 0.23% | 0.23% | |
| ITCI | C | 0.41% | 0.21% | 0.21% | |
| JAZZ | B | 0.36% | 1.03% | 0.36% | |
| MEDP | D | 0.37% | 0.4% | 0.37% | |
| NBIX | C | 0.59% | 1.16% | 0.59% | |
| SRPT | D | 0.46% | 1.15% | 0.46% | |
| TECH | D | 0.54% | 1.02% | 0.54% | |
| UTHR | C | 0.75% | 0.49% | 0.49% |
IQSM Overweight 203 Positions Relative to BIS
| Symbol | Grade | Weight | |
|---|---|---|---|
| EME | C | 1.12% | |
| PKG | A | 1.0% | |
| YUMC | C | 0.86% | |
| KEY | B | 0.85% | |
| PNR | A | 0.84% | |
| BURL | A | 0.84% | |
| NTNX | A | 0.83% | |
| RPM | A | 0.83% | |
| MANH | D | 0.82% | |
| MAS | D | 0.82% | |
| OC | A | 0.81% | |
| XPO | B | 0.81% | |
| GEN | B | 0.79% | |
| KIM | A | 0.78% | |
| DOCU | A | 0.77% | |
| TOL | B | 0.76% | |
| TWLO | A | 0.76% | |
| EQH | B | 0.75% | |
| FIX | A | 0.74% | |
| FLEX | A | 0.72% | |
| USFD | A | 0.72% | |
| GWRE | A | 0.72% | |
| RGA | A | 0.72% | |
| GGG | B | 0.71% | |
| ACM | A | 0.7% | |
| SAIA | B | 0.69% | |
| EWBC | A | 0.69% | |
| FFIV | B | 0.68% | |
| DT | C | 0.68% | |
| SFM | A | 0.68% | |
| POOL | C | 0.66% | |
| EPAM | C | 0.66% | |
| UDR | B | 0.65% | |
| UNM | A | 0.65% | |
| RNR | C | 0.64% | |
| TPR | B | 0.63% | |
| CHRW | C | 0.62% | |
| CPT | B | 0.61% | |
| ELS | C | 0.61% | |
| JLL | D | 0.6% | |
| ITT | A | 0.6% | |
| AMH | D | 0.6% | |
| JKHY | D | 0.6% | |
| REG | B | 0.59% | |
| HST | C | 0.59% | |
| KMX | B | 0.59% | |
| JNPR | F | 0.58% | |
| NVT | B | 0.58% | |
| FTI | A | 0.58% | |
| ALB | C | 0.57% | |
| WPC | D | 0.57% | |
| PAYC | B | 0.56% | |
| RRX | B | 0.55% | |
| SJM | D | 0.55% | |
| DAY | B | 0.55% | |
| BLD | D | 0.55% | |
| BJ | A | 0.55% | |
| Z | A | 0.55% | |
| LW | C | 0.55% | |
| AIZ | A | 0.54% | |
| DKS | C | 0.54% | |
| CG | A | 0.54% | |
| NCLH | B | 0.54% | |
| ATR | B | 0.54% | |
| SF | B | 0.54% | |
| NWSA | B | 0.53% | |
| IPG | D | 0.53% | |
| TTEK | F | 0.52% | |
| CTLT | B | 0.51% | |
| FND | C | 0.51% | |
| CUBE | D | 0.51% | |
| PRI | A | 0.5% | |
| WTRG | B | 0.5% | |
| CRL | C | 0.48% | |
| EHC | B | 0.48% | |
| LAD | A | 0.48% | |
| AYI | B | 0.48% | |
| OHI | C | 0.47% | |
| GL | B | 0.47% | |
| ALLY | C | 0.47% | |
| LKQ | D | 0.47% | |
| INGR | B | 0.47% | |
| MKTX | D | 0.47% | |
| WAL | B | 0.47% | |
| ARMK | B | 0.46% | |
| QGEN | D | 0.46% | |
| WCC | B | 0.46% | |
| PCVX | D | 0.46% | |
| GLOB | B | 0.46% | |
| DTM | B | 0.46% | |
| EXAS | D | 0.45% | |
| ORI | A | 0.45% | |
| BRBR | A | 0.45% | |
| FBIN | D | 0.45% | |
| FN | D | 0.44% | |
| DCI | B | 0.44% | |
| ROKU | D | 0.44% | |
| TFX | F | 0.43% | |
| PCTY | B | 0.43% | |
| REXR | F | 0.43% | |
| AXTA | A | 0.43% | |
| WMS | D | 0.42% | |
| SNX | C | 0.42% | |
| KNX | B | 0.42% | |
| AOS | F | 0.42% | |
| RVMD | C | 0.42% | |
| RL | B | 0.41% | |
| TTC | D | 0.41% | |
| PEN | B | 0.41% | |
| BRX | A | 0.41% | |
| GPK | C | 0.41% | |
| MTZ | B | 0.41% | |
| CHE | D | 0.4% | |
| FRT | B | 0.4% | |
| PLNT | A | 0.4% | |
| MOS | F | 0.4% | |
| DVA | B | 0.4% | |
| X | C | 0.39% | |
| HAS | D | 0.39% | |
| HRB | D | 0.39% | |
| VOYA | B | 0.39% | |
| NYT | C | 0.39% | |
| ONTO | D | 0.38% | |
| WH | B | 0.37% | |
| TREX | C | 0.37% | |
| HSIC | B | 0.37% | |
| RHI | B | 0.37% | |
| ADC | B | 0.36% | |
| ESTC | C | 0.36% | |
| KEX | C | 0.36% | |
| AA | B | 0.35% | |
| OLED | D | 0.35% | |
| RIVN | F | 0.35% | |
| APG | B | 0.35% | |
| G | B | 0.35% | |
| MHK | D | 0.35% | |
| RGEN | D | 0.35% | |
| ANF | C | 0.34% | |
| GNTX | C | 0.34% | |
| WEX | D | 0.34% | |
| GTLS | B | 0.34% | |
| ALV | C | 0.34% | |
| BPOP | B | 0.33% | |
| BEN | C | 0.33% | |
| H | B | 0.33% | |
| CMC | B | 0.33% | |
| FR | C | 0.33% | |
| AGNC | D | 0.33% | |
| RYAN | B | 0.33% | |
| LSCC | D | 0.33% | |
| CGNX | C | 0.33% | |
| GXO | B | 0.33% | |
| MKSI | C | 0.33% | |
| DINO | D | 0.32% | |
| AZEK | A | 0.32% | |
| LSTR | D | 0.32% | |
| PARA | C | 0.32% | |
| FCN | D | 0.32% | |
| HLNE | B | 0.32% | |
| FAF | A | 0.31% | |
| CFLT | B | 0.31% | |
| DAR | C | 0.31% | |
| STAG | F | 0.31% | |
| MTN | C | 0.31% | |
| AXS | A | 0.31% | |
| ARW | D | 0.3% | |
| WBA | F | 0.3% | |
| ESI | A | 0.3% | |
| NOV | C | 0.3% | |
| MSA | D | 0.3% | |
| LFUS | F | 0.29% | |
| PVH | C | 0.28% | |
| AGCO | D | 0.28% | |
| SUM | B | 0.28% | |
| STWD | C | 0.28% | |
| CHX | C | 0.28% | |
| WFRD | D | 0.28% | |
| CROX | D | 0.28% | |
| SIGI | C | 0.28% | |
| ETSY | D | 0.28% | |
| VKTX | F | 0.27% | |
| ALTR | B | 0.27% | |
| WTS | B | 0.27% | |
| CLF | F | 0.26% | |
| LEA | D | 0.26% | |
| CRUS | D | 0.26% | |
| PATH | C | 0.26% | |
| POST | C | 0.25% | |
| AM | A | 0.24% | |
| TKR | D | 0.23% | |
| FIVE | F | 0.23% | |
| ST | F | 0.23% | |
| IBP | D | 0.23% | |
| DLB | B | 0.21% | |
| AN | C | 0.21% | |
| GAP | C | 0.21% | |
| ACHC | F | 0.17% | |
| ZG | A | 0.16% | |
| COTY | F | 0.13% | |
| CACC | D | 0.13% | |
| NWS | B | 0.11% | |
| LEVI | F | 0.08% | |
| LCID | F | 0.08% |
IQSM Underweight 62 Positions Relative to BIS
| Symbol | Grade | Weight | |
|---|---|---|---|
| AMGN | D | -8.14% | |
| GILD | C | -7.41% | |
| 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% | |
| NVCR | C | -1.1% | |
| 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% | |
| ARWR | F | -0.65% | |
| BLUE | F | -0.65% | |
| BBIO | F | -0.51% | |
| ALLK | D | -0.49% | |
| NKTR | F | -0.48% | |
| SAGE | F | -0.48% | |
| FGEN | D | -0.47% | |
| AGIO | C | -0.43% | |
| CRSP | D | -0.42% | |
| RARE | D | -0.42% | |
| ADPT | C | -0.42% | |
| 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% | |
| 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% | |
| FATE | F | -0.23% | |
| PCRX | C | -0.22% | |
| GLPG | D | -0.22% | |
| 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% |
IQSM: Top Represented Industries & Keywords
Industries:
Biotechnology
Software - Application
Diversified Industrials
Building Materials
Engineering & Construction
Software - Infrastructure
Business Services
Packaged Foods
REIT - Residential
REIT - Retail
Asset Management
Auto Parts
Diagnostics & Research
Leisure
Medical Care
Oil & Gas Equipment & Services
REIT - Industrial
Specialty Chemicals
Specialty Retail
Apparel Manufacturing
BIS: Top Represented Industries & Keywords
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