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ProShares UltraShort Nasdaq Biotechnology

ProShares UltraShort Nasdaq Biotechnology

BIS

NASDAQ
$11.651.76% (+0.20)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
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1D
1W
1M
1Y
5Y
Max

US ETF

Trading-Inverse Equity

Leveraged & Inverse ETFs

Invests in trading-inverse equity segment

Key Metrics

Key Metrics

Expense Ratio
Expense Ratio

The operating and administrative costs of running the fund measured as the percentage of fund assets

0.0095%
AUM
AUM

Current market value of the ETF scheme managed by the Asset Management Company

$1.81M
Beta
Beta

Sensitivity of the stock's price relative to the country's key indices over the last 5 years

-1.21
Volatility (3Y)
Volatility (3Y)

The annualized standard deviation of the ETF's returns calculated over the last 3 years

33.83%

ETF Profile

Peers

Peers

Exp. Ratio
0.95%
0.95%
1Y Return
53.98%
53.98%
Exp. Ratio
1.03%
1.03%
1Y Return
36.69%
36.69%
Exp. Ratio
0.88%
0.88%
1Y Return
13.54%
13.54%
Exp. Ratio
0.95%
0.95%
1Y Return
19.23%
19.23%
Exp. Ratio
0.8999%
0.8999%
1Y Return
39.28%
39.28%

Peers & Comparison

Peers & Comparison

Comparing 2 ETFs from
ETFTrading--Inverse Equity
ETFTotal AUMTotal AUMExp. RatioExp. Ratio1Y Return1Y Return
ProShares UltraShort Nasdaq Biotechnology $1.81M0.0095%-57.91%
ProShares UltraPro Short QQQ$2.08B0.95%-53.98%
Direxion Daily Semiconductor Bear 3X Shares$1.29B1.03%-36.69%

Price Comparison

Price Comparison

1 Month

1 Year

5 Years

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Top Holdings

Top Holdings

  • Name
    Holdings
    Sector
  • Amgen Inc
    Sector: Healthcare
    Holdings8.14 %
    Amgen Inc
    AMGN

    Holdings

    8.14 %

    Healthcare
  • Gilead Sciences Inc
    Sector: Healthcare
    Holdings7.41 %
    Gilead Sciences Inc
    GILD

    Holdings

    7.41 %

    Healthcare
  • Vertex Pharmaceuticals Inc
    Sector: Healthcare
    Holdings7.21 %
    Vertex Pharmaceuticals Inc
    VRTX

    Holdings

    7.21 %

    Healthcare
  • Biogen Inc
    Sector: Healthcare
    Holdings6.12 %
    Biogen Inc
    BIIB

    Holdings

    6.12 %

    Healthcare
  • Illumina Inc
    Sector: Healthcare
    Holdings5.67 %
    Illumina Inc
    ILMN

    Holdings

    5.67 %

    Healthcare
  • Regeneron Pharmaceuticals Inc
    Sector: Healthcare
    Holdings4.13 %
    Regeneron Pharmaceuticals Inc
    REGN

    Holdings

    4.13 %

    Healthcare
  • Alexion Pharmaceuticals Inc
    Sector: Healthcare
    Holdings3.02 %
    Alexion Pharmaceuticals Inc
    ALXN

    Holdings

    3.02 %

    Healthcare
  • Seagen Inc
    Sector: Healthcare
    Holdings2.25 %
    Seagen Inc
    SGEN

    Holdings

    2.25 %

    Healthcare
  • Incyte Corporation
    Sector: Healthcare
    Holdings2.09 %
    Incyte Corporation
    INCY

    Holdings

    2.09 %

    Healthcare
  • Biomarin Pharmaceutical Inc
    Sector: Healthcare
    Holdings1.91 %
    Biomarin Pharmaceutical Inc
    BMRN

    Holdings

    1.91 %

    Healthcare

Frequently asked questions

Frequently asked questions

  1. ProShares UltraShort Nasdaq Biotechnology (BIS) is currently trading at $11.65. You can also track daily change, historical performance, trading volume and other key ETF details on this page.

  2. Indian investors can buy ProShares UltraShort Nasdaq Biotechnology (BIS) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.

  3. Yes, Indian residents and NRIs can invest in ProShares UltraShort Nasdaq Biotechnology (BIS) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.

  4. The expense ratio of ProShares UltraShort Nasdaq Biotechnology (BIS) is 0.0095%. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.

  5. ProShares UltraShort Nasdaq Biotechnology (BIS)’s top holdings currently include Amgen Inc, Gilead Sciences Inc, and Vertex Pharmaceuticals Inc. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.

  6. Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of ProShares UltraShort Nasdaq Biotechnology (BIS) instead of a full share. This allows investment based on a fixed dollar amount.

  7. Gains from ProShares UltraShort Nasdaq Biotechnology (BIS) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.

  8. Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like ProShares UltraShort Nasdaq Biotechnology (BIS), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.

  9. ProShares UltraShort Nasdaq Biotechnology (BIS)’s current assets under management (AUM) are $1.81M. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.

  10. You can compare ProShares UltraShort Nasdaq Biotechnology (BIS) with ProShares UltraPro Short QQQ (SQQQ), Direxion Daily Semiconductor Bear 3X Shares (SOXS), and ProShares Short S&P500 (SH) based on metrics such as expense ratio, AUM, P/E ratio, holdings, liquidity and historical returns in the Peers & Comparison section.

  11. ProShares UltraShort Nasdaq Biotechnology (BIS)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.

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