BTEC vs. BIB ETF Comparison

Comparison of Principal Healthcare Innovators Index ETF (BTEC) to ProShares Ultra Nasdaq Biotechnology (BIB)

BTEC

Principal Healthcare Innovators Index ETF

BTEC Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq Healthcare Innovators Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Benchmark Index (including growth and value stock) that are small and medium capitalization U.S. healthcare companies.

Grade (RS Rating)

Last Trade

$34.51

Average Daily Volume

6,213

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

BIB

ProShares Ultra Nasdaq Biotechnology

BIB Description

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Nasdaq Biotechnology Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) 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. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.33

Average Daily Volume

35,387

Number of Holdings ^*

204

* may have additional holdings in another (foreign) market

Performance

Period	BTEC	BIB
30 Days	-7.03%	-10.81%
60 Days	-8.75%	-15.28%
90 Days	-3.20%	-12.02%
12 Months	-2.21%	-12.13%

137 Overlapping Holdings

Symbol	Grade	Weight in BTEC	Weight in BIB	Overlap
ABUS	B	0.15%	0.04%	0.04%
ACLX	D	0.67%	0.25%	0.25%
ACRS	F	0.05%	0.01%	0.01%
ADMA	A	0.32%	0.11%	0.11%
ADPT	F	0.12%	0.03%	0.03%
AGIO	A	0.39%	0.13%	0.13%
AKRO	F	0.35%	0.1%	0.1%
ALEC	F	0.14%	0.04%	0.04%
ALLO	F	0.15%	0.05%	0.05%
ALNY	F	3.23%	1.52%	1.52%
ALPN	A	0.96%	0.34%	0.34%
ALXO	A	0.17%	0.05%	0.05%
ANAB	F	0.15%	0.05%	0.05%
APLS	F	1.37%	0.51%	0.51%
ARCT	F	0.2%	0.06%	0.06%
ARDX	D	0.37%	0.13%	0.13%
ARQT	C	0.28%	0.08%	0.08%
ARVN	D	0.54%	0.19%	0.19%
ARWR	F	0.67%	0.24%	0.24%
AUPH	F	0.19%	0.06%	0.06%
AVXL	F	0.1%	0.03%	0.03%
AXSM	D	0.72%	0.26%	0.26%
BBIO	F	1.05%	0.37%	0.37%
BCRX	F	0.24%	0.08%	0.08%
BEAM	F	0.48%	0.17%	0.17%
BLUE	F	0.07%	0.02%	0.02%
BMEA	F	0.12%	0.04%	0.04%
BPMC	B	1.15%	0.43%	0.43%
CABA	F	0.2%	0.06%	0.06%
CGEM	D	0.18%	0.06%	0.06%
CHRS	F	0.08%	0.02%	0.02%
COGT	D	0.17%	0.06%	0.06%
CRBU	F	0.1%	0.03%	0.03%
CRNX	B	0.76%	0.25%	0.25%
CYTK	D	1.54%	0.57%	0.57%
DAWN	B	0.29%	0.1%	0.1%
DCPH	D	0.29%	0.1%	0.1%
DNLI	F	0.56%	0.2%	0.2%
DYN	C	0.47%	0.17%	0.17%
EDIT	F	0.13%	0.04%	0.04%
ELVN	B	0.21%	0.07%	0.07%
EOLS	D	0.18%	0.06%	0.06%
ERAS	F	0.09%	0.02%	0.02%
ETNB	F	0.22%	0.07%	0.07%
EWTX	D	0.36%	0.13%	0.13%
EYPT	D	0.26%	0.08%	0.08%
FDMT	D	0.31%	0.11%	0.11%
FOLD	F	0.71%	0.26%	0.26%
GERN	B	0.44%	0.15%	0.15%
HROW	D	0.12%	0.04%	0.04%
HUMA	B	0.1%	0.02%	0.02%
IDYA	D	0.7%	0.25%	0.25%
ILMN	D	2.88%	1.57%	1.57%
IMVT	F	0.99%	0.36%	0.36%
INBX	D	0.39%	0.13%	0.13%
INSM	F	0.89%	0.33%	0.33%
IONS	D	1.34%	0.49%	0.49%
IOVA	D	0.74%	0.27%	0.27%
IRON	F	0.18%	0.06%	0.06%
ITCI	A	1.38%	0.51%	0.51%
ITOS	F	0.12%	0.03%	0.03%
JANX	A	0.62%	0.21%	0.21%
KALV	D	0.14%	0.04%	0.04%
KNSA	C	0.18%	0.06%	0.06%
KROS	D	0.47%	0.17%	0.17%
KURA	D	0.34%	0.12%	0.12%
KYMR	C	0.48%	0.17%	0.17%
LXRX	F	0.12%	0.04%	0.04%
LYEL	B	0.16%	0.05%	0.05%
MDGL	D	1.02%	0.38%	0.38%
MGNX	D	0.26%	0.09%	0.09%
MGTX	F	0.1%	0.03%	0.03%
MIRM	F	0.27%	0.09%	0.09%
MLYS	D	0.16%	0.04%	0.04%
MORF	F	0.34%	0.12%	0.12%
MRNA	A	3.18%	3.24%	3.18%
MRNS	F	0.02%	0.01%	0.01%
MRVI	C	0.26%	0.09%	0.09%
MYGN	F	0.4%	0.14%	0.14%
NRIX	B	0.19%	0.06%	0.06%
NTLA	F	0.5%	0.18%	0.18%
NUVL	C	0.85%	0.31%	0.31%
NVAX	F	0.15%	0.05%	0.05%
NVCR	F	0.32%	0.11%	0.11%
OABI	F	0.15%	0.05%	0.05%
OCUL	D	0.28%	0.07%	0.07%
OLMA	F	0.16%	0.05%	0.05%
ORIC	F	0.16%	0.05%	0.05%
PACB	F	0.19%	0.06%	0.06%
PCVX	D	1.49%	0.55%	0.55%
PGEN	C	0.1%	0.03%	0.03%
PHAT	D	0.15%	0.05%	0.05%
PLRX	F	0.2%	0.07%	0.07%
PRME	F	0.16%	0.05%	0.05%
PRTA	F	0.28%	0.1%	0.1%
PTCT	F	0.45%	0.16%	0.16%
PTGX	C	0.36%	0.13%	0.13%
RAPT	F	0.09%	0.02%	0.02%
RARE	D	0.79%	0.29%	0.29%
RCKT	D	0.5%	0.18%	0.18%
REPL	F	0.12%	0.04%	0.04%
RGNX	F	0.22%	0.07%	0.07%
RLAY	F	0.22%	0.07%	0.07%
RNA	A	0.44%	0.16%	0.16%
RVMD	A	1.3%	0.48%	0.48%
RVNC	F	0.11%	0.03%	0.03%
RXRX	F	0.37%	0.14%	0.14%
RYTM	C	0.55%	0.2%	0.2%
SAGE	F	0.22%	0.08%	0.08%
SANA	D	0.43%	0.15%	0.15%
SIGA	A	0.17%	0.05%	0.05%
SMMT	C	0.58%	0.21%	0.21%
SNDX	D	0.42%	0.15%	0.15%
SPRY	B	0.22%	0.07%	0.07%
SRPT	D	2.43%	0.91%	0.91%
SRRK	C	0.25%	0.08%	0.08%
SVRA	D	0.18%	0.06%	0.06%
SWTX	C	0.7%	0.26%	0.26%
TARS	B	0.31%	0.1%	0.1%
TBPH	B	0.14%	0.04%	0.04%
TERN	F	0.09%	0.03%	0.03%
THRD	B	0.14%	0.04%	0.04%
TVTX	F	0.13%	0.04%	0.04%
TWST	C	0.39%	0.14%	0.14%
URGN	D	0.14%	0.04%	0.04%
VCEL	D	0.54%	0.19%	0.19%
VCYT	D	0.34%	0.12%	0.12%
VERA	D	0.58%	0.2%	0.2%
VERV	F	0.14%	0.05%	0.05%
VIR	F	0.28%	0.09%	0.09%
VTYX	F	0.09%	0.02%	0.02%
VYGR	F	0.12%	0.04%	0.04%
WVE	D	0.18%	0.06%	0.06%
XERS	F	0.08%	0.02%	0.02%
XNCR	F	0.29%	0.1%	0.1%
YMAB	C	0.17%	0.05%	0.05%
ZNTL	F	0.23%	0.08%	0.08%

BTEC Overweight 108 Positions Relative to BIB

Symbol	Grade	Weight
EXAS	C	2.59%
NTRA	B	2.39%
CTLT	D	2.22%
CERE	B	1.67%
VKTX	B	1.61%
ELAN	D	1.5%
INSP	A	1.46%
GKOS	A	1.07%
TXG	F	0.77%
IRTC	A	0.76%
ENOV	D	0.7%
TMDX	A	0.69%
AZTA	F	0.67%
PRCT	A	0.59%
CLDX	D	0.57%
ICUI	F	0.53%
NARI	F	0.52%
TGTX	D	0.5%
TNDM	A	0.48%
RXST	A	0.46%
ATEC	F	0.42%
RCUS	F	0.35%
ATRC	F	0.26%
LQDA	D	0.25%
VRDN	F	0.24%
SAVA	D	0.22%
AVNS	F	0.22%
CYRX	B	0.21%
CTKB	F	0.2%
FNA	D	0.2%
TMCI	F	0.19%
KIDS	B	0.19%
TYRA	C	0.19%
AVTE	D	0.18%
BLFS	C	0.18%
SILK	B	0.18%
HLVX	F	0.17%
NKTX	D	0.16%
LBPH	B	0.16%
NUVB	B	0.16%
QTRX	F	0.16%
SIBN	F	0.16%
FATE	D	0.14%
HRTX	A	0.13%
LRMR	D	0.13%
OFIX	F	0.13%
CELC	B	0.12%
PLSE	F	0.12%
ZIMV	C	0.12%
TRDA	D	0.12%
ANNX	D	0.12%
CDMO	F	0.12%
NVRO	F	0.12%
MRSN	D	0.12%
SRDX	D	0.11%
AURA	F	0.11%
ALT	D	0.11%
ANIK	A	0.11%
PEPG	D	0.11%
CDNA	F	0.11%
CERS	F	0.1%
IGMS	F	0.1%
TNYA	D	0.1%
ENTA	C	0.1%
CRMD	B	0.1%
CVRX	F	0.1%
LUNG	F	0.09%
ANGO	C	0.09%
FENC	D	0.09%
ALDX	C	0.09%
AXGN	F	0.09%
OMER	F	0.08%
MACK	A	0.08%
ARAY	F	0.08%
STRO	F	0.08%
INZY	F	0.08%
ATNM	B	0.08%
TSVT	F	0.08%
KOD	F	0.07%
SCPH	F	0.07%
RIGL	F	0.07%
ACET	D	0.07%
AKYA	F	0.07%
QSI	F	0.07%
RCEL	F	0.07%
XFOR	B	0.07%
PSTX	F	0.07%
BFLY	F	0.06%
INGN	D	0.06%
CDXS	D	0.06%
EBS	F	0.05%
ALLK	F	0.05%
PMVP	D	0.05%
ATRA	F	0.05%
SGMO	F	0.05%
BTAI	D	0.05%
OM	F	0.05%
KPTI	F	0.05%
OMGA	F	0.05%
CUTR	C	0.05%
BCAB	F	0.05%
GNLX	F	0.04%
MURA	F	0.04%
PDSB	F	0.04%
MCRB	F	0.04%
FGEN	F	0.04%
EYEN	F	0.02%
GRTS	F	0.02%

BTEC Underweight 67 Positions Relative to BIB

Symbol	Grade	Weight
AMGN	C	-6.2%
VRTX	C	-6.04%
GILD	F	-6.01%
REGN	C	-5.95%
AZN	A	-3.27%
BIIB	F	-2.34%
BMRN	A	-1.41%
VTRS	C	-1.1%
NBIX	B	-1.07%
RPRX	F	-1.03%
SNY	C	-1.03%
INCY	F	-0.98%
MEDP	B	-0.97%
ARGX	D	-0.96%
UTHR	B	-0.9%
BNTX	F	-0.69%
ASND	C	-0.68%
EXEL	A	-0.56%
JAZZ	F	-0.56%
BGNE	D	-0.47%
HALO	C	-0.4%
KRYS	B	-0.39%
CRSP	F	-0.38%
LEGN	F	-0.34%
ALKS	F	-0.33%
FTRE	D	-0.28%
XENE	D	-0.25%
ACAD	F	-0.23%
MRUS	D	-0.2%
GH	F	-0.17%
IMCR	D	-0.16%
AMPH	D	-0.16%
HRMY	F	-0.14%
FUSN	A	-0.13%
SUPN	D	-0.13%
LGND	B	-0.12%
DVAX	D	-0.12%
ANIP	A	-0.11%
IRWD	D	-0.1%
ABCL	F	-0.1%
PCRX	F	-0.1%
GMAB	F	-0.1%
VRNA	F	-0.09%
MNKD	C	-0.09%
COLL	C	-0.09%
GRFS	F	-0.07%
INVA	B	-0.07%
AUTL	D	-0.06%
ZLAB	F	-0.06%
BCYC	C	-0.06%
GLPG	F	-0.05%
CVAC	F	-0.05%
CNTA	D	-0.05%
FULC	D	-0.04%
PETQ	D	-0.04%
TSHA	C	-0.04%
CSTL	C	-0.04%
HCM	A	-0.04%
ATAI	B	-0.03%
AMRN	F	-0.03%
OVID	D	-0.02%
QURE	F	-0.02%
VNDA	A	-0.02%
ACIU	F	-0.02%
PAHC	A	-0.02%
ME	F	-0.01%
RPHM	D	-0.0%

BIB: Top Represented Industries & Keywords

Industries: Biotechnology Drug Manufacturers - Specialty & Generic Diagnostics & Research Drug Manufacturers - Major Long-Term Care Facilities Medical Instruments & Supplies