BIS vs. QQQA ETF Comparison
Comparison of ProShares UltraShort Nasdaq Biotechnology (BIS) to ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA)
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
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
QQQA Description
ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating in the non-financial companies. The fund invests in momentum stocks of large cap companies. It replicates the performance of Nasdaq-100 Dorsey Wright Select Index. ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF was formed on May 18, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$44.78
Average Daily Volume
2,688
21
Performance
| Period | BIS | QQQA |
|---|---|---|
| 30 Days | 21.35% | 1.91% |
| 60 Days | 24.01% | 8.61% |
| 90 Days | 17.33% | 6.29% |
| 12 Months | -26.04% | 24.61% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BIS | Weight in QQQA | Overlap | |
|---|---|---|---|---|---|
| ILMN | C | 5.67% | 4.66% | 4.66% |
BIS Overweight 72 Positions Relative to QQQA
| Symbol | Grade | Weight | |
|---|---|---|---|
| AMGN | D | 8.14% | |
| GILD | B | 7.41% | |
| VRTX | C | 7.21% | |
| BIIB | F | 6.12% | |
| REGN | F | 4.13% | |
| INCY | B | 2.09% | |
| BMRN | F | 1.91% | |
| ALNY | D | 1.6% | |
| VTRS | A | 1.35% | |
| SNY | D | 1.29% | |
| NBIX | D | 1.16% | |
| SRPT | F | 1.15% | |
| NVCR | D | 1.1% | |
| JAZZ | A | 1.03% | |
| 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 | C | 0.81% | |
| ASND | F | 0.77% | |
| EXEL | B | 0.73% | |
| ARWR | D | 0.65% | |
| BLUE | F | 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% | |
| CRSP | D | 0.42% | |
| RARE | F | 0.42% | |
| ADPT | C | 0.42% | |
| MEDP | D | 0.4% | |
| PTCT | B | 0.4% | |
| ARGX | B | 0.4% | |
| AXSM | B | 0.38% | |
| ALLO | D | 0.37% | |
| GRFS | B | 0.36% | |
| IOVA | D | 0.36% | |
| ALKS | B | 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% | |
| EDIT | F | 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 20 Positions Relative to QQQA
BIS: Top Represented Industries & Keywords
QQQA: Top Represented Industries & Keywords
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