PBE vs. GDOC ETF Comparison
Comparison of PowerShares Dynamic Biotech & Genome (PBE) to Goldman Sachs Future Health Care Equity ETF (GDOC)
PBE
PowerShares Dynamic Biotech & Genome
PBE Description
The PowerShares Dynamic Biotechnology & Genome Portfolio (Fund) is based on the Dynamic Biotech & Genome IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US biotechnology and genome companies. These are companies that are principally engaged in the research, development, manufacture and marketing and distribution of various biotechnological products, services and processes and companies that benefit significantly from scientific and technological advances biotechnology and genetic engineering and reseach. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$69.56
Average Daily Volume
6,596
30
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
$33.36
Average Daily Volume
651
31
Performance
Period | PBE | GDOC |
---|---|---|
30 Days | 2.96% | -4.68% |
60 Days | -0.81% | -7.84% |
90 Days | -2.51% | -9.44% |
12 Months | 22.72% | 11.21% |
PBE Overweight 24 Positions Relative to GDOC
Symbol | Grade | Weight | |
---|---|---|---|
UTHR | C | 5.74% | |
ILMN | D | 5.64% | |
BIIB | F | 4.21% | |
XNCR | B | 3.88% | |
EXEL | B | 3.86% | |
TGTX | B | 3.78% | |
MNKD | C | 3.7% | |
REGN | F | 3.38% | |
INCY | C | 3.35% | |
VCYT | B | 3.28% | |
ACAD | D | 3.06% | |
CPRX | C | 3.0% | |
TECH | D | 2.89% | |
VCEL | B | 2.79% | |
OPK | C | 2.78% | |
RGEN | D | 2.76% | |
PTGX | C | 2.75% | |
QGEN | D | 2.59% | |
BCRX | D | 2.56% | |
HALO | F | 2.42% | |
COLL | F | 2.27% | |
CDNA | D | 1.92% | |
NVAX | F | 1.83% | |
MYGN | F | 1.61% |
PBE Underweight 25 Positions Relative to GDOC
Symbol | Grade | Weight | |
---|---|---|---|
LLY | F | -10.15% | |
BSX | B | -7.57% | |
ISRG | A | -5.94% | |
UNH | C | -5.35% | |
ABBV | D | -5.21% | |
PODD | C | -4.9% | |
ABT | B | -4.06% | |
MRK | F | -4.0% | |
DHR | F | -3.47% | |
VEEV | C | -2.06% | |
ARGX | A | -2.05% | |
IDXX | F | -1.53% | |
WST | C | -1.27% | |
MTD | D | -1.24% | |
MDGL | B | -0.7% | |
CGON | F | -0.65% | |
RARE | D | -0.63% | |
PCVX | D | -0.6% | |
ALGN | D | -0.59% | |
ROIV | C | -0.59% | |
GMAB | F | -0.55% | |
XENE | D | -0.46% | |
TMDX | F | -0.45% | |
IRTC | D | -0.35% | |
ANAB | F | -0.2% |
PBE: Top Represented Industries & Keywords
GDOC: Top Represented Industries & Keywords