Premium Access    ETF Search:   

ProShares Ultra Nasdaq Biotechnology (BIB) - ETF





©ETFScreen.com
Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price64.72
Volume72k
Avg Vol104k
RSf95.6
$Vol(21d)4m
52 wk High69.62
52 wk Low48.12
Inception:Apr 2010
(as of 2018-08-21)
Total Returns:
1 day2.0%
5 day-0.2%
1 month-2.0%
3 month19.5%
6 month12.0%
9 month22.1%
1 year26.2%
 
Compare Funds:
Correlated Group: Health Care (View cGroup) (All Groups)




 

Correlated Funds

Most Directly Correlated
ProShares UltraPro Nasdaq Biotech ETFUBIO1.00  
iShares NASDAQ Biotechnology Index FundIBB1.00  
VanEck Vectors Biotech ETFBBH0.96  
First Trust NYSE Biotech IndexFBT0.94  
SPDR BioTech ETFXBI0.93  
PowerShares Dyn Biotech & GenomePBE0.93  
Direxion Daily S&P Biotech Bull 3X ETFLABU0.93  
ALPS Medical Breakthroughs ETFSBIO0.88  
PowerShares Dyn PharmaceuticalsPJP0.87  
Fidelity MSCI Health CareFHLC0.87  
Least Correlated
iShares Intl Agg BondIAGG0.02  
Vanguard Total Intl Bond ETFBNDX0.01  
Janus Short Duration Income ETFVNLA0.01  
FlexShares Disciplined Duration MBS FundMBSD0.01  
NuShares Enhanced Yield U.S. Aggregate Bond ETFNUAG0.01  
SPDR Portfolio S.T. Corp BondsSPSB0.00  
SPDR Barclays Capital Inv Grade Floating RtFLRN-0.00  
Ishares Dec 2018 Corp Term ETFIBDH-0.01  
Wisdom Tree Blmbrg Floatt Rate Treas ETFUSFR-0.01  
iShares Short Maturity MuniMEAR-0.02  
Most Inversely Correlated
Proshares Short Russell 2000RWM-0.77  
ProShares UltraPro Short Russell2000SRTY-0.77  
Proshares UltraShort Russell2000TWM-0.77  
Direxion Small Cap Bear 3X SharesTZA-0.77  
Direxion S&P 500 Bear 3X SharesSPXS-0.77  
Proshares UltraShort S&P500SDS-0.78  
ProShares Short S&P 500SH-0.78  
ProShares Short QQQPSQ-0.80  
ProShares UltraPro Short QQQSQQQ-0.80  
Direxion Daily S&P Biotech Bear 3X ETFLABD-0.92  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2018-08-17.
 


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








Important Disclaimer: The information provided by ETFScreen.com is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of ETFScreen.com assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use ...

If you have a comment please contact us. Advertise with us Market Data by:On-Demand Financial Market Data by Xignite