BBPVirtus LifeSci Biotech Products ETF
BBP Fund Description
The Virtus LifeSci Biotech Products ETF tracks an index of biotechnology companies considered to be in the "product stage" by the index provider.
BBP Factset Analytics Insight
BBP offers a different approach to biotech investing by handpicking only firms that have attained FDA approval for their leading drug. The fund is offered by BioShares alongside launched a sister fund, BBC, which targets biotech firms in the clinical trial stage. BBP is likely to tilt smaller than our neutral cap-weighted benchmark because the fund equal-weights its holdings, and it dips into micro-caps as well. Unsurprisingly, risk is elevated compared to our benchmark. BBP can be tricky to trade at any scale. Onscreen volume is thin and spreads are large, while the small-cap basket may cause some liquidity problems for larger investors. It also charges a very high expense ratio for this segment. Overall, BBP provides an alternative but pricey take on the biotech segment.
BBP MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 19, 2018 the Virtus LifeSci Biotech Products ETF MSCI ESG Fund Quality Score is 4.01 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. BBP ranks in the 10th percentile within its peer group and in the 9th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
BBP CHARTS AND PERFORMANCE
BBP Top 10 Countries
BBP Top 10 Sectors
BBP Top 10 Holdings [View All]
BBP Summary Data
BBP Portfolio Data
BBP Index Data
BBP Portfolio Management
BBP Tax Exposures
BBP Fund Structure
BBP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BBP. BBP is rated a 4 out of 5.
BBP Sector/Industry Breakdown
BBP TOP 10 HOLDINGS[View All]
BBP Economic Development
BBP Performance Statistics
BBP MSCI ESG Ratings
BBP BENCHMARK COMPARISON SUMMARY
BBP BENCHMARK COMPARISON MARKET CAP SIZE
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.