PINK vs. IBBQ ETF Comparison
Comparison of Simplify Health Care ETF (PINK) to Invesco Nasdaq Biotechnology ETF (IBBQ)
PINK
Simplify Health Care ETF
PINK Description
Simplify Exchange Traded Funds - Simplify Health Care ETF seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its assets (plus any borrowings for investment purposes) in securities of U.S. health care companies. The fund adviser defines health care companies as companies included in the Global Industry Classification Standard health care sector. The fund will typically invest in 50 – 100 health care companies. The adviser generally seeks investments in companies that are developing new and effective medicines, as well as companies whose business models reduce costs or improve quality in health care systems.
Grade (RS Rating)
Last Trade
$30.94
Average Daily Volume
78,460
Number of Holdings
*
46
* may have additional holdings in another (foreign) market
IBBQ
Invesco Nasdaq Biotechnology ETF
IBBQ Description
The investment seeks to track the investment results (before fees and expenses) of the Nasdaq Biotechnology Index ®. The fund generally will invest at least 90% of its total assets in the securities that comprise the index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market capitalization weighted index that is designed to measure the performance of securities listed on the Nasdaq Stock Market that are classified as either biotechnology or pharmaceutical companies. The index may include securities of large-, mid- and small-capitalization companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.54
Average Daily Volume
8,904
Number of Holdings
*
200
* may have additional holdings in another (foreign) market
Performance
| Period | PINK | IBBQ |
|---|---|---|
| 30 Days | 2.96% | -0.89% |
| 60 Days | 4.38% | 3.18% |
| 90 Days | 2.18% | 5.45% |
| 12 Months | 19.50% | 13.00% |
14 Overlapping Holdings
| Symbol | Grade | Weight in PINK | Weight in IBBQ | Overlap | |
|---|---|---|---|---|---|
| AKRO | C | 0.48% | 0.17% | 0.17% | |
| ARGX | B | 0.42% | 1.48% | 0.42% | |
| ASND | B | 0.92% | 0.81% | 0.81% | |
| BIIB | C | 0.25% | 3.45% | 0.25% | |
| BMRN | C | 0.52% | 1.64% | 0.52% | |
| FULC | F | 1.26% | 0.04% | 0.04% | |
| INSM | A | 5.48% | 1.12% | 1.12% | |
| ITCI | C | 0.95% | 0.78% | 0.78% | |
| NBIX | C | 2.36% | 1.4% | 1.4% | |
| RARE | D | 0.94% | 0.36% | 0.36% | |
| REGN | B | 2.8% | 8.26% | 2.8% | |
| RPRX | F | 1.18% | 1.25% | 1.18% | |
| SNDX | C | 0.37% | 0.18% | 0.18% | |
| SRPT | C | 10.39% | 1.55% | 1.55% |
PINK Overweight 32 Positions Relative to IBBQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | A | 7.17% | |
| UNH | D | 6.77% | |
| BSX | B | 4.61% | |
| MRK | C | 4.56% | |
| PCT | C | 4.21% | |
| NVO | B | 4.09% | |
| MASI | F | 3.59% | |
| TMO | D | 3.58% | |
| ISRG | A | 3.5% | |
| MMM | B | 2.66% | |
| JNJ | F | 2.64% | |
| ELV | C | 2.15% | |
| AVTR | D | 2.01% | |
| HUM | C | 1.57% | |
| CI | D | 1.28% | |
| NTRA | B | 1.03% | |
| IQV | D | 0.96% | |
| ABT | D | 0.66% | |
| EXAS | D | 0.61% | |
| ESTA | D | 0.52% | |
| THC | C | 0.48% | |
| LIVN | D | 0.4% | |
| HCA | C | 0.37% | |
| SYK | B | 0.29% | |
| TECH | D | 0.27% | |
| VEEV | D | 0.26% | |
| DHR | D | 0.25% | |
| HSIC | D | 0.19% | |
| ZBH | D | 0.18% | |
| VLTO | D | 0.03% | |
| BMY | F | 0.02% | |
| EMBC | F | 0.01% |
PINK Underweight 186 Positions Relative to IBBQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| GILD | C | -8.24% | |
| VRTX | B | -7.99% | |
| AMGN | B | -7.89% | |
| MRNA | D | -4.74% | |
| AZN | C | -3.85% | |
| ALNY | A | -3.24% | |
| ILMN | D | -1.76% | |
| UTHR | B | -1.46% | |
| INCY | D | -1.43% | |
| SNY | B | -1.4% | |
| MEDP | C | -1.36% | |
| VTRS | D | -1.29% | |
| PCVX | B | -0.89% | |
| BNTX | F | -0.82% | |
| IONS | B | -0.71% | |
| JAZZ | F | -0.7% | |
| BPMC | A | -0.7% | |
| EXEL | C | -0.68% | |
| HALO | B | -0.68% | |
| RVMD | D | -0.66% | |
| CYTK | D | -0.64% | |
| BGNE | F | -0.64% | |
| MDGL | C | -0.63% | |
| SMMT | C | -0.57% | |
| KRYS | B | -0.54% | |
| APLS | F | -0.52% | |
| CRSP | F | -0.49% | |
| BBIO | D | -0.49% | |
| NUVL | C | -0.47% | |
| ALKS | C | -0.43% | |
| MRUS | C | -0.41% | |
| RNA | C | -0.4% | |
| IMVT | D | -0.39% | |
| AXSM | B | -0.39% | |
| LEGN | C | -0.38% | |
| GH | C | -0.37% | |
| CRNX | D | -0.36% | |
| DYN | B | -0.36% | |
| DNLI | C | -0.34% | |
| ARWR | C | -0.33% | |
| ACLX | C | -0.3% | |
| FOLD | C | -0.3% | |
| TWST | B | -0.29% | |
| SWTX | F | -0.29% | |
| XENE | F | -0.29% | |
| PTCT | D | -0.28% | |
| ACAD | C | -0.28% | |
| IDYA | F | -0.27% | |
| GERN | B | -0.27% | |
| AGIO | C | -0.26% | |
| ADMA | B | -0.26% | |
| RYTM | B | -0.25% | |
| VCEL | C | -0.24% | |
| MYGN | B | -0.23% | |
| NTLA | F | -0.23% | |
| IOVA | F | -0.23% | |
| JANX | D | -0.22% | |
| FTRE | D | -0.21% | |
| MORF | C | -0.2% | |
| VERA | C | -0.2% | |
| NVCR | D | -0.2% | |
| RCKT | F | -0.2% | |
| AMPH | F | -0.2% | |
| BEAM | D | -0.2% | |
| HRMY | B | -0.19% | |
| NVAX | C | -0.19% | |
| KYMR | D | -0.19% | |
| PTGX | B | -0.19% | |
| RXRX | F | -0.18% | |
| ARVN | F | -0.18% | |
| KROS | F | -0.17% | |
| EWTX | B | -0.17% | |
| VCYT | C | -0.17% | |
| ARDX | F | -0.16% | |
| MIRM | B | -0.16% | |
| KURA | D | -0.16% | |
| MNKD | C | -0.15% | |
| SUPN | F | -0.15% | |
| LGND | B | -0.15% | |
| DVAX | D | -0.15% | |
| ANIP | D | -0.14% | |
| VIR | F | -0.13% | |
| DAWN | D | -0.13% | |
| NRIX | C | -0.13% | |
| IMCR | D | -0.13% | |
| BCRX | B | -0.13% | |
| PCRX | F | -0.13% | |
| XNCR | F | -0.12% | |
| SANA | F | -0.12% | |
| OCUL | C | -0.11% | |
| COLL | C | -0.11% | |
| GMAB | F | -0.11% | |
| VRNA | B | -0.11% | |
| FDMT | D | -0.11% | |
| ARQT | B | -0.11% | |
| IRON | C | -0.11% | |
| ELVN | B | -0.11% | |
| PRTA | F | -0.11% | |
| MRVI | F | -0.1% | |
| TARS | C | -0.1% | |
| CGEM | D | -0.1% | |
| IRWD | F | -0.1% | |
| INVA | B | -0.1% | |
| RLAY | F | -0.09% | |
| ABCL | F | -0.09% | |
| ZLAB | F | -0.09% | |
| BCYC | C | -0.08% | |
| ETNB | F | -0.08% | |
| HROW | B | -0.08% | |
| KNSA | C | -0.08% | |
| CVAC | F | -0.08% | |
| GRFS | D | -0.08% | |
| SPRY | C | -0.08% | |
| AUPH | C | -0.08% | |
| COGT | C | -0.08% | |
| LXRX | F | -0.07% | |
| TVTX | C | -0.07% | |
| PRME | F | -0.07% | |
| PLRX | F | -0.07% | |
| SAGE | F | -0.07% | |
| PETQ | B | -0.07% | |
| ARCT | F | -0.07% | |
| AUTL | F | -0.07% | |
| SRRK | F | -0.07% | |
| ANAB | B | -0.07% | |
| EOLS | D | -0.07% | |
| HCM | C | -0.06% | |
| YMAB | D | -0.06% | |
| HUMA | D | -0.06% | |
| MLYS | C | -0.06% | |
| RGNX | F | -0.06% | |
| ITOS | D | -0.06% | |
| CSTL | F | -0.06% | |
| ABUS | B | -0.06% | |
| ERAS | C | -0.06% | |
| PHAT | C | -0.06% | |
| WVE | C | -0.06% | |
| URGN | C | -0.06% | |
| OLMA | D | -0.06% | |
| ALEC | F | -0.05% | |
| OABI | D | -0.05% | |
| EYPT | F | -0.05% | |
| TERN | C | -0.05% | |
| ORIC | D | -0.05% | |
| KALV | C | -0.05% | |
| ALLO | F | -0.05% | |
| ADPT | C | -0.05% | |
| GLPG | F | -0.05% | |
| CNTA | D | -0.05% | |
| REPL | C | -0.05% | |
| SIGA | C | -0.05% | |
| THRD | D | -0.05% | |
| SVRA | C | -0.05% | |
| VNDA | C | -0.04% | |
| PAHC | C | -0.04% | |
| LYEL | F | -0.04% | |
| CABA | F | -0.04% | |
| AVXL | C | -0.04% | |
| PACB | F | -0.04% | |
| PGEN | C | -0.04% | |
| EDIT | F | -0.04% | |
| ACIU | C | -0.04% | |
| VERV | F | -0.04% | |
| TSHA | F | -0.04% | |
| TBPH | D | -0.04% | |
| VYGR | F | -0.04% | |
| MGNX | F | -0.03% | |
| RVNC | F | -0.03% | |
| MGTX | F | -0.03% | |
| AMRN | D | -0.03% | |
| ZNTL | F | -0.03% | |
| ALXO | F | -0.03% | |
| XERS | C | -0.03% | |
| CRBU | F | -0.02% | |
| BMEA | F | -0.02% | |
| VTYX | F | -0.02% | |
| BLUE | F | -0.02% | |
| CHRS | F | -0.02% | |
| QURE | F | -0.02% | |
| ATAI | F | -0.02% | |
| OVID | F | -0.01% | |
| RPHM | F | -0.01% | |
| MRNS | F | -0.01% | |
| ACRS | C | -0.01% | |
| RAPT | F | -0.01% | |
| ME | F | -0.01% |
PINK: Top Represented Industries & Keywords
Industries:
Biotechnology
Medical Devices
Diagnostics & Research
Drug Manufacturers - Major
Health Care Plans
Medical Care
Medical Instruments & Supplies
Pollution & Treatment Controls
Diversified Industrials
Drug Manufacturers - Specialty & Generic
Health Information Services
Medical Distribution
Specialty Chemicals
IBBQ: Top Represented Industries & Keywords
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