ZBIO ETF Report: Ratings, Analysis, Quotes, Holdings

Competing ETFs: BIS, LABD

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*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

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YTD
1 Year
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PERFORMANCE [as of 11/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

ZBIO -26.93% -21.06% -49.07% -42.76% -34.49% -- --

ZBIO (NAV) -27.46% -20.95% -48.90% -42.95% -34.51% -- --

NASDAQ Biotechnology Index 10.86% 6.84% 17.56% 10.82% 6.68% 3.42% --

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%

$2.95M

0.38%

Fund Home Page

ZBIO Portfolio Data

0.43%

12/24/19

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 -

ZBIO Factset Analytics Block Liquidity

As of 11/20/19

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

7,096

$105.85K

5,260

$75.85K

0.38%

$0.05

0.07%

2.37% / -3.18%

None

0.00%

50,000

0.11

0.04%

$11.15

N/A

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