ZBIO ETF Report: Ratings, Analysis, Quotes, Holdings

Competing ETFs: BIS, LABD

Find more ETFs with our ETF Screener and Database

*Unless otherwise stated, data provided by FactSet.

ZBIO Fund Description

ZBIO 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 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.

ZBIO CHARTS AND PERFORMANCE

1 Month
3 Months
YTD
1 Year
3 Years
5 Years
Max

COMPARE

RESET

Select ETFs to compare their performance:

PERFORMANCE [as of 05/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

ZBIO -1.70% 6.50% -28.73% -22.50% -37.41% -- --

ZBIO (NAV) -1.95% 6.30% -28.66% -22.75% -37.47% -- --

NASDAQ Biotechnology Index -0.12% -4.19% 7.99% -1.32% 6.39% 6.90% --

N/A -- -- -- -- -- -- --

All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ZBIO Summary Data

ProShares

06/23/15

Open-Ended Fund

0.95%

$4.16M

0.41%

Fund Home Page

ZBIO Portfolio Data

0.12%

06/25/19

ZBIO Index Data

NASDAQ Biotechnology Index

Market Cap

NASDAQ - Listed

N/A

ZBIO Fund Structure

Yes

No Policy

N/A

High

-3

Leverage Reset Frequency Daily

ZBIO Tax Exposures

20.00% / 39.60%

Cboe Book Viewer

TOP OF BOOK

LAST 10 TRADES

Bats BZX Real-time Quote -

Daily Spread

Premium/Discount

Volume

ZBIO Factset Analytics Block Liquidity

As of 05/22/19

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 Tradability

20,329

$292.74K

14,452

$215.72K

0.41%

$0.06

0.00%

1.49% / -1.91%

None

0.00%

50,000

0.29

0.03%

291

$15.60

N/A

The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.

ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.

[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

Data provider:
Terms of Use