ZBIO

ProShares UltraPro Short Nasdaq Biotechnology
LAST TRADECHANGE (%)VOLUME
$17.53-0.06 (-0.34%)250
9:31:00 a.m. (ET) 03/24/2017
BID SIZEBID ($)ASK ($)ASK SIZE
90017.1917.26700

ZBIO Fund Description

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

ZBIO FactSet Analytics Insight

ZBIO is the newest inverse play on the NASDAQ the second triple-inverse biotech fund Biotechnology Index, this one being -3x the exposure of the daily gains of the index, as opposed to the relatively successful -2x iteration of sister fund BIS. The fund gains its -3x exposure to the index through swap agreements, and rebalances its exposure daily. ZBIO is the second triple-inverse biotech fund, following hot on the heels of Direxion’s LABD, which was launched a month earlier. Like all geared funds that rebalance daily, ZBIO is meant for short-term trading, since compounding effects over the long term could create vast differences from expected returns relative to the index—for good or for ill. Trade this fund with limit orders.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS20017.45
1,00017.33
1,10017.32
70017.27
70017.26
BIDS90017.19
90017.18
90017.17
20017.16
20017.15
LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 10:09:30
Average Spread
Premium/Discount
Volume

ZBIO FactSet Analytics Block Liquidity

As of 03/23/17
5
4
3
2
1

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

ZBIO Summary Data

06/23/15
Open-Ended Fund
0.95%
$7.34 M

ZBIO Portfolio Data

0%
03/22/17

ZBIO Index Data

Market Cap
NASDAQ - Listed
N/A

ZBIO Fund Structure

Yes
No
0% / 100%
N/A
N/A
High
-3x
daily

ZBIO Tax Exposures

20.00% / 39.60%
--
No

ZBIO Tradability

34,102
$631.85 K
31,728
$611.76 K
0.27%
0%
0.39% / -1.28%
None
50,000
0.63
0.03%
441
$17.37
N/A