PJP vs. BIS ETF Comparison
Comparison of PowerShares Dynamic Pharmaceuticals (PJP) to ProShares UltraShort Nasdaq Biotechnology (BIS)
PJP
PowerShares Dynamic Pharmaceuticals
PJP Description
The PowerShares Dynamic Pharmaceuticals Portfolio (Fund) is based on the Dynamic Pharmaceutical 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 pharmaceuticals companies. These are companies that are principally engaged in the research, development, manufacture, sale or distribution of pharmaceuticals and drugs of all types. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$86.66
Average Daily Volume
8,399
25
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
73
Performance
Period | PJP | BIS |
---|---|---|
30 Days | -0.39% | 7.34% |
60 Days | -0.39% | 11.36% |
90 Days | -1.08% | 16.52% |
12 Months | 24.55% | -28.39% |
11 Overlapping Holdings
Symbol | Grade | Weight in PJP | Weight in BIS | Overlap | |
---|---|---|---|---|---|
AMGN | D | 5.13% | 8.14% | 5.13% | |
BIIB | F | 2.71% | 6.12% | 2.71% | |
GILD | C | 4.0% | 7.41% | 4.0% | |
INVA | D | 3.37% | 0.18% | 0.18% | |
JAZZ | B | 3.62% | 1.03% | 1.03% | |
LGND | B | 3.63% | 0.19% | 0.19% | |
PCRX | C | 3.78% | 0.22% | 0.22% | |
REGN | F | 3.69% | 4.13% | 3.69% | |
SUPN | C | 3.47% | 0.15% | 0.15% | |
UTHR | C | 3.7% | 0.49% | 0.49% | |
VTRS | A | 3.61% | 1.35% | 1.35% |
PJP Underweight 62 Positions Relative to BIS
Symbol | Grade | Weight | |
---|---|---|---|
VRTX | F | -7.21% | |
ILMN | D | -5.67% | |
INCY | C | -2.09% | |
BMRN | D | -1.91% | |
ALNY | D | -1.6% | |
SNY | F | -1.29% | |
NBIX | C | -1.16% | |
SRPT | D | -1.15% | |
NVCR | C | -1.1% | |
TECH | D | -1.02% | |
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% | |
EXEL | B | -0.73% | |
ARWR | F | -0.65% | |
BLUE | F | -0.65% | |
BBIO | F | -0.51% | |
ALLK | D | -0.49% | |
NKTR | F | -0.48% | |
SAGE | F | -0.48% | |
BPMC | C | -0.48% | |
FGEN | D | -0.47% | |
AGIO | C | -0.43% | |
CRSP | D | -0.42% | |
RARE | D | -0.42% | |
ADPT | C | -0.42% | |
MEDP | D | -0.4% | |
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% | |
HALO | F | -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% | |
INSM | C | -0.23% | |
FATE | F | -0.23% | |
GLPG | D | -0.22% | |
ITCI | C | -0.21% | |
RGNX | F | -0.21% | |
ESPR | C | -0.19% | |
EDIT | F | -0.19% | |
VCYT | B | -0.18% | |
ALEC | F | -0.18% | |
TBPH | C | -0.17% | |
YMAB | F | -0.16% | |
CHRS | D | -0.16% | |
HCM | D | -0.15% |
PJP: Top Represented Industries & Keywords
BIS: Top Represented Industries & Keywords