BBCVirtus LifeSci Biotech Clinical Trials ETF
BBC Fund Description
BBC tracks an equally weighted index of US-listed biotech companies with lead drugs in various phases of clinical trials.
BBC Factset Analytics Insight
BBC focuses on biotech companies with lead drugs that are still in various phases of clinical trials and not yet approved marketing. Given the low historical success rates in clinical trials, the fund is a high-risk and high-reward bet on a small subset of biotech companies. It excludes companies with a lead drug candidate that’s still in preclinical testing or research stage, prior to entering into human clinical trials. Also excluded are the following 12 distinct sub-industries: Animal Health, Diversified Healthcare, Investment Management, Healthcare Services, Non-Healthcare, Large Pharmaceuticals, Specialty Pharmaceuticals, Medical Devices, Vaccines, Nutraceuticals, OTC Healthcare, or Tools. As such, investors looking for broad biotech exposure, won't find it in BBC. The Index Committee utilizes various public data sources to select portfolio holdings, including, SEC filings, public documents from the U.S. FDA, company press releases and official corporate websites.
BBC MSCI ESG Analytics Insight
Virtus LifeSci Biotech Clinical Trials ETF has an MSCI ESG Fund Rating of BB based on a score of 4.02 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. Virtus LifeSci Biotech Clinical Trials ETF ranks in the 11st percentile within its peer group and in the 23th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
BBC MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
BBC Summary Data
BBC Portfolio Data
BBC Index Data
BBC Portfolio Management
BBC Tax Exposures
BBC Fund Structure
BBC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BBC. BBC is rated a 4 out of 5.
BBC Economic Development
BBC Performance Statistics
BBC MSCI ESG Ratings
BBC Benchmark Comparison Summary
BBC Benchmark Comparison Market Cap Size