BIS vs. IBRN ETF Comparison

Comparison of ProShares UltraShort Nasdaq Biotechnology (BIS) to iShares Neuroscience and Healthcare ETF (IBRN)
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

$17.14

Average Daily Volume

13,942

Number of Holdings *

73

* may have additional holdings in another (foreign) market
IBRN

iShares Neuroscience and Healthcare ETF

IBRN Description iShares Neuroscience and Healthcare ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of global region. It invests in stocks of companies operating across neurology biopharmaceuticals or neurological devices sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the NYSE FactSet Global Neuro Biopharma and MedTech Index, by using representative sampling technique. iShares Neuroscience and Healthcare ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$26.17

Average Daily Volume

360

Number of Holdings *

9

* may have additional holdings in another (foreign) market
Performance
Period BIS IBRN
30 Days 13.36% -3.79%
60 Days 19.40% 2.72%
90 Days 19.82% 0.03%
12 Months -26.37% 25.03%
4 Overlapping Holdings
Symbol Grade Weight in BIS Weight in IBRN Overlap
ARGX B 0.4% 3.9% 0.4%
ITCI C 0.21% 4.16% 0.21%
NBIX C 1.16% 3.61% 1.16%
PTCT B 0.4% 4.57% 0.4%
BIS Overweight 69 Positions Relative to IBRN
Symbol Grade Weight
AMGN F 8.14%
GILD C 7.41%
VRTX D 7.21%
BIIB F 6.12%
ILMN C 5.67%
REGN F 4.13%
INCY C 2.09%
BMRN F 1.91%
ALNY D 1.6%
VTRS A 1.35%
SNY F 1.29%
SRPT F 1.15%
NVCR C 1.1%
JAZZ B 1.03%
TECH F 1.02%
IONS F 1.02%
GH B 0.96%
AMRN F 0.85%
MRNA F 0.83%
BGNE D 0.83%
ACAD C 0.81%
ASND F 0.77%
EXEL B 0.73%
ARWR D 0.65%
BLUE F 0.65%
BBIO F 0.51%
ALLK D 0.49%
UTHR C 0.49%
NKTR F 0.48%
SAGE F 0.48%
BPMC B 0.48%
FGEN D 0.47%
AGIO C 0.43%
CRSP D 0.42%
RARE F 0.42%
ADPT C 0.42%
MEDP D 0.4%
AXSM B 0.38%
ALLO F 0.37%
GRFS C 0.36%
IOVA F 0.36%
ALKS C 0.36%
KOD B 0.35%
HALO F 0.35%
QURE C 0.35%
FOLD F 0.32%
APLS F 0.31%
XNCR B 0.26%
MYGN F 0.26%
DNLI D 0.26%
ZLAB C 0.24%
IRWD F 0.24%
ARVN F 0.24%
INSM C 0.23%
FATE F 0.23%
PCRX C 0.22%
GLPG F 0.22%
RGNX D 0.21%
ESPR B 0.19%
EDIT F 0.19%
LGND C 0.19%
INVA D 0.18%
VCYT B 0.18%
ALEC F 0.18%
TBPH B 0.17%
YMAB F 0.16%
CHRS D 0.16%
HCM D 0.15%
SUPN C 0.15%
BIS Underweight 5 Positions Relative to IBRN
Symbol Grade Weight
BHVN D -4.87%
CPRX C -3.97%
XENE D -3.86%
AXNX A -3.69%
LBPH A -3.56%
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