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:
Price54.99
Volume133k
Avg Vol238k
RSf41.8
$Vol(21d)11m
52 wk High64.51
52 wk Low39.48
Inception:Apr 2010
(as of 2017-12-12)
Total Returns:
1 day-0.9%
5 day4.6%
1 month2.8%
3 month-10.5%
6 month12.5%
9 month7.2%
1 year35.3%
 
Compare Funds:
Correlated Group: Health Care (View cGroup) (All Groups)




 

Correlated Funds

Most Directly Correlated
ProShares UltraPro Nasdaq Biotech ETFUBIO1.00  
VanEck Vectors Biotech ETFBBH0.97  
First Trust NYSE Biotech IndexFBT0.93  
Direxion Daily S&P Biotech Bull 3X ETFLABU0.92  
SPDR BioTech ETFXBI0.92  
PowerShares Dyn PharmaceuticalsPJP0.82  
Fidelity MSCI Health CareFHLC0.82  
Vanguard Health CareVHT0.81  
First Trust Health Care AlphaDEX FundFXH0.80  
ARK Genomic Revln Multi Sector ETFARKG0.79  
Least Correlated
ProShares UltraShort Lehman 20+ TrsyTBT0.00  
ProShares Ultra SilverAGQ0.00  
iShares Barclays 20 Year Treasury Bond FundTLT0.00  
VelocityShares 3x Long Gold ETNUGLD0.00  
ProShares UltraShort GoldGLL0.00  
ProShares Short 20+ Year TreasuryTBF0.00  
PowerShares Build America BondBAB0.00  
SPDR Gold SharesGLD-0.00  
iShares Barclays 10-20 Year Treasury Bond FundTLH-0.00  
iShares Barclays 0-5 Year TIPS Bond STIP-0.00  
Most Inversely Correlated
ProShares Short S&P 500SH-0.54  
Proshares UltraShort S&P500SDS-0.54  
ProShares UltraPro Short S&P 500SPXU-0.55  
Direxion S&P 500 Bear 3X SharesSPXS-0.55  
Direxion Daily S&P 500 Bear 1X SharesSPDN-0.56  
ProShares UltraPro Short QQQSQQQ-0.62  
ProShares Short QQQPSQ-0.62  
Proshares UltraShort QQQQID-0.63  
Direxion Daily S&P Biotech Bear 3X ETFLABD-0.92  
ProShares UltraShort Nasdaq BiotechnologyBIS-1.00  
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: 2017-12-08.
 


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