BIB : ProShares Ultra Nasdaq Biotechnology

BIB is a Alternative Market Leveraged Equities with MODERATE fees.

BIB

ProShares Ultra Nasdaq Biotechnology

FI Score

47 /100

Expense Ratio Rating

7 /10

Expense Rating

1 /10

Market Score

8 /10

Category Score

0 /10

Market Size

8 /10

47% FI Score
  • bib
  • ETF
  • Alternative
  • Leveraged Equities

ProShares Ultra Nasdaq Biotechnology

Expenses: 0.95% (Better than 1% of similar funds)

This is a bad choice for a Leveraged Equities Alternative fund. See why »

Fund Summary

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Nasdaq Biotechnology Index®. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is a modified capitalization weighted index that includes securities of Nasdaq listed companies that are classified as either biotechnology or pharmaceutical. The fund is non-diversified.

Largest Holdings

Amount Holding
25.78% Nasdaq Biotechnology Index Swap Ubs Ag
22.82% Ishares Biotech Swap Goldman Sachs International
18.95% Nasdaq Biotechnology Index Swap Bank Of America Na
17.61% Nasdaq Biotechnology Index Swap Societe Generale
11.10% Ishares Biotech Swap Bank Of America Na
10.47% Nasdaq Biotechnology Index Swap Citibank Na
9.83% Nasdaq Biotechnology Index Swap Goldman Sachs International
7.35% Nasdaq Biotechnology Index Swap Credit Suisse International
5.32% Vertex Pharmaceuticals Inc
5.17% Amgen Inc

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