BIB

ProShares Ultra NASDAQ Biotechnology
LAST TRADECHANGE (%)VOLUME
$60.96+1.01 (1.68%)112.44K
12:05:33 p.m. (ET) 09/20/2017
BID SIZEBID ($)ASK ($)ASK SIZE
10060.9261.02200

BIB Fund Description

The ProShares Ultra NASDAQ Biotech provides 2x daily exposure to a modified market-cap-weighted index of biotechnology and pharmaceutical companies listed on NASDAQ.

BIB FactSet Analytics Insight

BIB is a popular leveraged play on the NASDAQ Biotechnology Index, which is also tracked in unlevered form by the hugely popular iShares' IBB, and is heavily focused on Nasdaq's biotechnology and pharmaceutical firms with a large-cap bias. The fund gains its 2x leveraged exposure to the index through swap agreements with multiple counterparties, and rebalances its exposure daily. Like all geared funds that rebalance daily, BIB is meant for short-term trading, since compounding effects over the long term could create vast differences from expected returns—for good or for ill. BIB has been around since April 2010 and is well established, with healthy assets, which puts any closure risk to rest. Yet traders should be cautious: daily volume is strong, but spreads and volatility can be high, likely reflecting the volatile underlying assets.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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Select ETFs to compare their performance:
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS40061.07
20061.06
20061.05
30061.03
20061.02
BIDS10060.92
30060.91
20060.90
20060.89
20060.88
LAST 10 TRADES
TIMEPRICESHARES
12:05:3360.96100
11:54:3460.73100
11:36:5860.67100
11:36:5860.6983
11:36:5860.70117
11:12:1860.68200
11:10:0060.67100
11:10:0060.66100
11:10:0060.6110
11:09:1060.7112
Bats BZX Real-time Quote - 12:22:34
Daily Spread
Premium/Discount
Volume

BIB FactSet Analytics Block Liquidity

As of 09/19/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BIB. BIB is rated a 5 out of 5.

BIB Summary Data

04/08/10
Open-Ended Fund
0.95%
$487.83 M

BIB Portfolio Data

0.00%%
09/27/17

BIB Index Data

Market Cap
NASDAQ - Listed
N/A

BIB Fund Structure

Yes
No
0%% / 100%
N/A
N/A
Low
2x
Daily

BIB Tax Exposures

20.00% / 39.60%
--
No

BIB Tradability

275,832
$15.7 M
218,621
$12.4 M
0.15%
-0.02%
0.45% / -0.20%
None
50,000
4.37
0.01%
6,748
$60.65
5

BIB MSCI ESG Fund Metrics

4.19 / 10
--
12.66
--
37.51%
19.59