UBIO

ProShares UltraPro Nasdaq Biotechnology

UBIO Fund Description

The ProShares UltraPro NASDAQ Biotechnology provides 3x daily exposure to a market-cap-weighted index of biotechnology and pharmaceutical companies listed on NASDAQ.

UBIO Factset Analytics Insight

UBIO offers 3x the daily gains and losses of its index, which is tracked in unlevered form by the hugely popular IBB, from iShares. That means it inherits all of IBBs quirksmost notably its NASDAQ-only listing requirement, and its inclusion of a good number of pharmaceutical companies outside of the pure-play biotech space. UBIO gains its leverage through a mix of equity and swap agreements, and resets its exposure daily. Like all geared funds that rebalance daily, UBIO is meant for short-term trading, since compounding effects over the long term could create vast differences from expected returns relative to the indexfor good or for ill. Note that 2x exposure to the same index can be had from sibling fund BIB. UBIO competes with Direxions LABU, which tracks a triple-levered S&P index.

UBIO 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 February 19, 2018 the ProShares UltraPro Nasdaq Biotechnology MSCI ESG Fund Quality Score is 4.38 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. UBIO ranks in the 0th percentile within its peer group and in the 16th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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UBIO Factset Analytics Block Liquidity

As of 02/20/18
5
4
3
2
1

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

UBIO Summary Data

ProShares
06/23/15
Open-Ended Fund
0.95%
$41.83M
0.33%

UBIO Portfolio Data

0.00%
03/21/18

UBIO Index Data

Market Cap
NASDAQ - Listed
N/A

UBIO Fund Structure

Yes
No
No Policy
N/A
N/A
High
3
Daily

UBIO Tax Exposures

20.00% / 39.60%
--
No

UBIO Tradability

107,006
$3.91M
87,614
$3.36M
0.33%
-0.03%
0.68% / -0.74%
None
50,000
1.75
0.01%
561
$35.97
N/A

UBIO MSCI ESG Ratings

4.38 / 10
--
15.56
--
35.45%
19.69