PINK vs. BIS ETF Comparison
Comparison of Simplify Health Care ETF (PINK) to ProShares UltraShort Nasdaq Biotechnology (BIS)
PINK
Simplify Health Care ETF
PINK Description
Simplify Exchange Traded Funds - Simplify Health Care ETF seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its assets (plus any borrowings for investment purposes) in securities of U.S. health care companies. The fund adviser defines health care companies as companies included in the Global Industry Classification Standard health care sector. The fund will typically invest in 50 – 100 health care companies. The adviser generally seeks investments in companies that are developing new and effective medicines, as well as companies whose business models reduce costs or improve quality in health care systems.
Grade (RS Rating)
Last Trade
$30.91
Average Daily Volume
117,279
51
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
73
Performance
| Period | PINK | BIS |
|---|---|---|
| 30 Days | -4.15% | 13.36% |
| 60 Days | -6.48% | 19.40% |
| 90 Days | -6.16% | 19.82% |
| 12 Months | 24.32% | -26.37% |
11 Overlapping Holdings
| Symbol | Grade | Weight in PINK | Weight in BIS | Overlap | |
|---|---|---|---|---|---|
| ARGX | B | 0.55% | 0.4% | 0.4% | |
| BIIB | F | 0.19% | 6.12% | 0.19% | |
| BMRN | F | 0.25% | 1.91% | 0.25% | |
| GILD | C | 3.35% | 7.41% | 3.35% | |
| INSM | C | 0.02% | 0.23% | 0.02% | |
| ITCI | C | 0.94% | 0.21% | 0.21% | |
| MYGN | F | 1.98% | 0.26% | 0.26% | |
| REGN | F | 4.19% | 4.13% | 4.13% | |
| SNY | F | 4.89% | 1.29% | 1.29% | |
| SRPT | F | 10.02% | 1.15% | 1.15% | |
| TECH | F | 0.25% | 1.02% | 0.25% |
PINK Overweight 40 Positions Relative to BIS
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | F | 7.03% | |
| PCT | C | 7.0% | |
| UNH | B | 4.94% | |
| ZTS | D | 4.86% | |
| ISRG | A | 4.75% | |
| JNJ | C | 4.56% | |
| ABBV | F | 3.88% | |
| TMO | F | 3.54% | |
| CI | D | 3.01% | |
| CHWY | B | 2.24% | |
| MMM | D | 2.24% | |
| TNDM | D | 2.02% | |
| TFX | F | 2.0% | |
| ELV | F | 1.89% | |
| RVTY | F | 1.29% | |
| RPRX | D | 1.11% | |
| TUA | F | 1.05% | |
| IQV | F | 0.95% | |
| AVTR | F | 0.91% | |
| EXAS | D | 0.83% | |
| ABT | B | 0.67% | |
| AKRO | B | 0.66% | |
| THC | D | 0.54% | |
| FULC | F | 0.52% | |
| HCA | F | 0.4% | |
| ESTA | D | 0.39% | |
| SNDX | F | 0.34% | |
| LIVN | F | 0.31% | |
| AGL | F | 0.28% | |
| VEEV | C | 0.28% | |
| SYK | B | 0.27% | |
| DHR | F | 0.24% | |
| HSIC | C | 0.18% | |
| ZBH | C | 0.16% | |
| BSX | A | 0.04% | |
| VLTO | C | 0.03% | |
| BMY | B | 0.02% | |
| MASI | B | 0.01% | |
| EMBC | C | 0.01% | |
| MRK | D | 0.0% |
PINK Underweight 62 Positions Relative to BIS
| Symbol | Grade | Weight | |
|---|---|---|---|
| AMGN | F | -8.14% | |
| VRTX | D | -7.21% | |
| ILMN | C | -5.67% | |
| INCY | C | -2.09% | |
| ALNY | D | -1.6% | |
| VTRS | A | -1.35% | |
| NBIX | C | -1.16% | |
| NVCR | C | -1.1% | |
| JAZZ | B | -1.03% | |
| 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% | |
| PTCT | B | -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% | |
| DNLI | D | -0.26% | |
| ZLAB | C | -0.24% | |
| IRWD | F | -0.24% | |
| ARVN | F | -0.24% | |
| 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% |
PINK: Top Represented Industries & Keywords
BIS: Top Represented Industries & Keywords
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