MGMT vs. BIS ETF Comparison
Comparison of Ballast Small/Mid Cap ETF (MGMT) to ProShares UltraShort Nasdaq Biotechnology (BIS)
MGMT
Ballast Small/Mid Cap ETF
MGMT Description
The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.
Grade (RS Rating)
Last Trade
$35.55
Average Daily Volume
15,278
46
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
$16.92
Average Daily Volume
5,076
74
Performance
| Period | MGMT | BIS |
|---|---|---|
| 30 Days | -1.12% | 2.15% |
| 60 Days | -2.92% | -5.58% |
| 90 Days | -3.97% | -9.43% |
| 12 Months | 2.15% | -18.78% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MGMT | Weight in BIS | Overlap |
|---|
MGMT Overweight 46 Positions Relative to BIS
| Symbol | Grade | Weight | |
|---|---|---|---|
| NRP | B | 5.2% | |
| AGM | B | 3.7% | |
| CEIX | B | 3.35% | |
| AZZ | D | 3.14% | |
| MTG | B | 3.13% | |
| CVCO | D | 3.03% | |
| PHIN | D | 3.01% | |
| TDC | C | 2.7% | |
| BELFB | C | 2.5% | |
| GEO | B | 2.49% | |
| CASS | D | 2.47% | |
| EXP | D | 2.46% | |
| LSTR | D | 2.46% | |
| IMXI | F | 2.42% | |
| SOI | D | 2.29% | |
| CBNK | D | 2.27% | |
| LII | B | 2.25% | |
| IGIC | C | 2.19% | |
| SFM | B | 2.16% | |
| PATK | D | 1.96% | |
| BCO | B | 1.95% | |
| BIOX | D | 1.94% | |
| TRIP | F | 1.76% | |
| DOX | D | 1.74% | |
| EPR | C | 1.7% | |
| BLCO | F | 1.7% | |
| RMNI | C | 1.69% | |
| ATKR | F | 1.66% | |
| GSM | C | 1.65% | |
| BWA | F | 1.64% | |
| GPRE | F | 1.58% | |
| CRMT | F | 1.58% | |
| NTIC | D | 1.57% | |
| KOS | F | 1.54% | |
| UFPT | A | 1.47% | |
| IPGP | D | 1.45% | |
| KN | D | 1.41% | |
| ECVT | D | 1.37% | |
| RCMT | F | 1.21% | |
| EPSN | C | 1.2% | |
| TKR | D | 1.11% | |
| EXTR | C | 0.99% | |
| IRMD | B | 0.97% | |
| G | D | 0.85% | |
| CMP | F | 0.69% | |
| LAMR | B | 0.04% |
MGMT Underweight 74 Positions Relative to BIS
| Symbol | Grade | Weight | |
|---|---|---|---|
| AMGN | B | -8.14% | |
| GILD | C | -7.41% | |
| VRTX | B | -7.21% | |
| BIIB | C | -6.12% | |
| ILMN | D | -5.67% | |
| REGN | B | -4.13% | |
| INCY | D | -2.09% | |
| BMRN | C | -1.91% | |
| ALNY | A | -1.6% | |
| VTRS | D | -1.35% | |
| SNY | B | -1.29% | |
| NBIX | C | -1.16% | |
| SRPT | C | -1.15% | |
| NVCR | D | -1.1% | |
| JAZZ | F | -1.03% | |
| TECH | D | -1.02% | |
| IONS | B | -1.02% | |
| GH | C | -0.96% | |
| AMRN | D | -0.85% | |
| MRNA | D | -0.83% | |
| BGNE | F | -0.83% | |
| ACAD | C | -0.81% | |
| ASND | B | -0.77% | |
| EXEL | C | -0.73% | |
| ARWR | C | -0.65% | |
| BLUE | F | -0.65% | |
| BBIO | D | -0.51% | |
| ALLK | F | -0.49% | |
| UTHR | B | -0.49% | |
| NKTR | C | -0.48% | |
| SAGE | F | -0.48% | |
| BPMC | A | -0.48% | |
| FGEN | F | -0.47% | |
| DCPH | A | -0.43% | |
| AGIO | C | -0.43% | |
| CRSP | F | -0.42% | |
| RARE | D | -0.42% | |
| ADPT | C | -0.42% | |
| MEDP | C | -0.4% | |
| PTCT | D | -0.4% | |
| ARGX | B | -0.4% | |
| AXSM | B | -0.38% | |
| ALLO | F | -0.37% | |
| GRFS | D | -0.36% | |
| IOVA | F | -0.36% | |
| ALKS | C | -0.36% | |
| KOD | F | -0.35% | |
| HALO | B | -0.35% | |
| QURE | F | -0.35% | |
| FOLD | C | -0.32% | |
| APLS | F | -0.31% | |
| XNCR | F | -0.26% | |
| MYGN | B | -0.26% | |
| DNLI | C | -0.26% | |
| ZLAB | F | -0.24% | |
| IRWD | F | -0.24% | |
| ARVN | F | -0.24% | |
| INSM | A | -0.23% | |
| FATE | F | -0.23% | |
| PCRX | F | -0.22% | |
| GLPG | F | -0.22% | |
| ITCI | C | -0.21% | |
| RGNX | F | -0.21% | |
| ESPR | C | -0.19% | |
| EDIT | F | -0.19% | |
| LGND | B | -0.19% | |
| INVA | B | -0.18% | |
| VCYT | C | -0.18% | |
| ALEC | F | -0.18% | |
| TBPH | D | -0.17% | |
| YMAB | D | -0.16% | |
| CHRS | F | -0.16% | |
| HCM | C | -0.15% | |
| SUPN | F | -0.15% |
MGMT: Top Represented Industries & Keywords
BIS: Top Represented Industries & Keywords
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