ProShares UltraShort Nasdaq Biotechnology (BIS)

21.53
Delayed Data
As of Apr 20
 +0.285 / +1.34%
Today’s Change
17.52
Today|||52-Week Range
29.66
-2.36%
Year-to-Date

Investment Objective

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.

No recent news for ProShares UltraShort Nasdaq Biotechnology.

Performance

1 month+8.44% 3 years-11.89%
3 months+8.44% 5 years-36.04%
1 year-23.87% Since inception-39.34%
Data through 04/21/2018

Quote Details

Previous close$21.25
Open day’s range21.11 – 21.69
Net asset value (NAV)21.59 (04/20/2018)
Daily volume47,941
Average volume (3 months)74,468
Data as of 4:00pm ET, 04/20/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 BISCategory
Performance 5-yr return-36.04%-29.79%
Expense Gross exp ratio1.11%1.94%
Risk 5 year sharpe ratio-0.81--
Net assets$34.7M$2.7M
Average market cap--$13.2B
Average P/E--16.1
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
MLPS UBS ETRACS 1xMonthly Short Alerian MLP I...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 82.06%
-- 41.86%
-- 24.21%
-- 5.69%
-- 3.71%
-- 0.22%
-- 0.22%
-- 0.20%
-- 0.10%
-- 0.05%