BIS vs. MEDX ETF Comparison
Comparison of ProShares UltraShort Nasdaq Biotechnology (BIS) to Horizon Kinetics Medical ETF (MEDX)
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
$17.68
Average Daily Volume
13,756
73
MEDX
Horizon Kinetics Medical ETF
MEDX Description
The fund is an actively-managed exchange-traded fund ("ETF") that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies engaged in medical research, pharmaceutical and medical technology industries and related technology industries. The fund is non-diversified.Grade (RS Rating)
Last Trade
$27.16
Average Daily Volume
974
32
Performance
| Period | BIS | MEDX |
|---|---|---|
| 30 Days | 21.35% | -12.53% |
| 60 Days | 24.01% | -13.49% |
| 90 Days | 17.33% | -12.75% |
| 12 Months | -26.04% | -3.43% |
11 Overlapping Holdings
| Symbol | Grade | Weight in BIS | Weight in MEDX | Overlap | |
|---|---|---|---|---|---|
| ALKS | B | 0.36% | 3.9% | 0.36% | |
| ALLO | D | 0.37% | 0.36% | 0.36% | |
| ALNY | D | 1.6% | 4.54% | 1.6% | |
| AMGN | D | 8.14% | 6.24% | 6.24% | |
| BIIB | F | 6.12% | 3.14% | 3.14% | |
| BLUE | F | 0.65% | 0.09% | 0.09% | |
| CRSP | D | 0.42% | 3.09% | 0.42% | |
| EDIT | F | 0.19% | 0.6% | 0.19% | |
| IONS | F | 1.02% | 2.81% | 1.02% | |
| REGN | F | 4.13% | 3.4% | 3.4% | |
| VTRS | A | 1.35% | 0.24% | 0.24% |
BIS Overweight 62 Positions Relative to MEDX
| Symbol | Grade | Weight | |
|---|---|---|---|
| GILD | B | 7.41% | |
| VRTX | C | 7.21% | |
| ILMN | C | 5.67% | |
| INCY | B | 2.09% | |
| BMRN | F | 1.91% | |
| SNY | D | 1.29% | |
| NBIX | D | 1.16% | |
| SRPT | F | 1.15% | |
| NVCR | D | 1.1% | |
| JAZZ | A | 1.03% | |
| TECH | D | 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% | |
| BBIO | F | 0.51% | |
| ALLK | C | 0.49% | |
| UTHR | B | 0.49% | |
| NKTR | D | 0.48% | |
| SAGE | F | 0.48% | |
| BPMC | D | 0.48% | |
| FGEN | F | 0.47% | |
| AGIO | B | 0.43% | |
| RARE | F | 0.42% | |
| ADPT | C | 0.42% | |
| MEDP | D | 0.4% | |
| PTCT | B | 0.4% | |
| ARGX | B | 0.4% | |
| AXSM | B | 0.38% | |
| GRFS | B | 0.36% | |
| IOVA | D | 0.36% | |
| KOD | B | 0.35% | |
| HALO | D | 0.35% | |
| QURE | C | 0.35% | |
| FOLD | F | 0.32% | |
| APLS | F | 0.31% | |
| XNCR | B | 0.26% | |
| MYGN | F | 0.26% | |
| DNLI | C | 0.26% | |
| ZLAB | C | 0.24% | |
| IRWD | D | 0.24% | |
| ARVN | D | 0.24% | |
| INSM | D | 0.23% | |
| FATE | F | 0.23% | |
| PCRX | C | 0.22% | |
| GLPG | F | 0.22% | |
| ITCI | B | 0.21% | |
| RGNX | F | 0.21% | |
| ESPR | C | 0.19% | |
| LGND | B | 0.19% | |
| INVA | C | 0.18% | |
| VCYT | B | 0.18% | |
| ALEC | F | 0.18% | |
| TBPH | B | 0.17% | |
| YMAB | D | 0.16% | |
| CHRS | F | 0.16% | |
| HCM | F | 0.15% | |
| SUPN | B | 0.15% |
BIS Underweight 21 Positions Relative to MEDX
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | F | -15.06% | |
| ABBV | F | -8.92% | |
| NVS | D | -5.92% | |
| BMY | B | -5.67% | |
| JNJ | D | -4.66% | |
| AZN | F | -4.6% | |
| PFE | F | -4.09% | |
| MRK | F | -3.91% | |
| GSK | F | -2.34% | |
| BCYC | F | -1.97% | |
| BEAM | D | -1.48% | |
| NTLA | F | -1.34% | |
| REPL | C | -1.06% | |
| GALT | C | -0.87% | |
| HLN | D | -0.78% | |
| VNDA | C | -0.73% | |
| LTRN | F | -0.55% | |
| TSVT | F | -0.49% | |
| GEHC | D | -0.48% | |
| PACB | D | -0.18% | |
| MURA | C | -0.04% |
BIS: Top Represented Industries & Keywords
MEDX: Top Represented Industries & Keywords
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