FKnol.com

Financial Knowledge & Information Portal

ProShares UltraPro Short Nasdaq Biotechnology (ZBIO) ETF Profile

Updated Nov 13, 2019
The ProShares UltraPro NASDAQ Biotechnology provides -3x daily exposure to a market-cap-weighted index of biotechnology and pharmaceutical companies listed on the NASDAQ.

Fund Profile for ProShares UltraPro Short Nasdaq Biotechnology (ZBIO) ETF

The ProShares UltraPro Short Nasdaq Biotechnology (ZBIO) ETF has the following static details:

ETF TickerZBIO
ETF NameProShares UltraPro Short Nasdaq Biotechnology
Primary Asset ClassEquity
Secondary Asset ClassMulti-Cap
Primary CategoryLeveraged Equities
Other CategoriesEquity, Multi-Cap, Leveraged Equities, North America, USA, Healthcare, Biotechnology, Growth, 3x Leverage, Inverse, Biotech, US, America, NASDAQ Biotechnology Index, Exchange-specific,
Launch Date22-Jun-2015
IssuerProShares
No. of Holdings190
RegionNorth America
Sub-regionUSA
SectorHealthcare
Sub-sectorBiotechnology
Investment StrategyGrowth
Leverage Factor3 Times
Currency Hedging?No
Inverse ETF?Yes
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.

Trading Details for ProShares UltraPro Short Nasdaq Biotechnology (ZBIO) ETF

The ProShares UltraPro Short Nasdaq Biotechnology (ZBIO) ETF trades with the following key details for trading and market data as of writing date Nov 13, 2019:

Expense Ratio (%)0.95%
Dividend FrequencyQuarterly
52-week Price Range$11.84 - $28.83
Per ETF Share Price$12.12
Other Similar or Competitor ETFsBIS, LABD
Commission-Free AvailabilityNA

List of Similar ETFs

- ProShares UltraShort Nasdaq Biotechnology (BIS)
- Direxion Daily S&P Biotech Bear 3x Shares (LABD)

List of ETFs Belonging to Similar Categories

- List of All Leveraged Equities ETFs
- List of All Growth ETFs
- List of All Biotech ETFs

Other ETF Categories

 ◐ List of 1.25x Leveraged Equities ETFs
 ◐ List of 2x Leveraged Bond ETFs
 ◐ List of 2x Leveraged Equities ETFs
 ◐ List of 3x Leveraged Bond ETFs
 ◐ List of 3x Leveraged Equities ETFs
 ◐ List of 5g ETFs
 ◐ List of Africa ETFs
 ◐ List of Agriculture ETFs
 ◐ List of Airlines ETFs
 ◐ List of All Term Duration Bond ETFs
 ◐ List of Alternatives ETFs
 ◐ List of Aluminum ETFs
 ◐ List of Asia ETFs
 ◐ List of Bank ETFs
 ◐ List of Biofuels ETFs
 ◐ List of Biotech ETFs
 ◐ List of Blend ETFs
 ◐ List of Blockchain ETFs
 ◐ List of Bond Duration ETFs
 ◐ List of Brazil ETFs
 ◐ List of Broad Asia ETFs
 ◐ List of China ETFs
 ◐ List of Clean Energy ETFs
 ◐ List of Coffee ETFs
 ◐ List of Developed Asia ETFs
 ◐ List of Dogs Of The Dow ETFs
 ◐ List of Emerging Asia ETFs
 ◐ List of Gaming ETFs
 ◐ List of Gold ETFs
 ◐ List of Growth ETFs
 ◐ List of Hedge Fund ETFs
 ◐ List of India ETFs
 ◐ List of Intermediate Term Duration Bond ETFs
 ◐ List of Internet ETFs
 ◐ List of Inverse Bond ETFs
 ◐ List of Inverse Equity ETFs
 ◐ List of Inverse Market Cap ETFs
 ◐ List of Inverse S&p 500 ETFs
 ◐ List of Inverse Vix ETFs
 ◐ List of Iron ETFs
 ◐ List of Large Cap Blend ETFs
 ◐ List of Large Cap ETFs
 ◐ List of Leveraged Bond ETFs
 ◐ List of Leveraged Equities ETFs
 ◐ List of Leveraged Reit ETFs
 ◐ List of Long Term Duration Bond ETFs
 ◐ List of Low Volatility ETFs
 ◐ List of Mbs ETFs
 ◐ List of Meat ETFs
 ◐ List of Mega Cap Blend ETFs
 ◐ List of Mega Cap ETFs
 ◐ List of Mexico ETFs
 ◐ List of Micro Cap Blend ETFs
 ◐ List of Micro Cap ETFs
 ◐ List of Mid Cap Blend ETFs
 ◐ List of Mid Cap ETFs
 ◐ List of Multi Cap Blend ETFs
 ◐ List of Nasdaq 100 ETFs
 ◐ List of Nasdaq ETFs
 ◐ List of Natural Resources ETFs
 ◐ List of Negative Duration Bond ETFs
 ◐ List of No Underlying Index ETFs
 ◐ List of Palladium ETFs
 ◐ List of Pharmaceutical ETFs
 ◐ List of Platinum ETFs
 ◐ List of Precious Metals ETFs
 ◐ List of Preferred Stock ETFs
 ◐ List of Quant ETFs
 ◐ List of Reit ETFs
 ◐ List of Renewable Energy ETFs
 ◐ List of Robotics ETFs
 ◐ List of Russia ETFs
 ◐ List of S&p 500 ETFs
 ◐ List of S&p Index ETFs
 ◐ List of Semiconductor ETFs
 ◐ List of Short Term Duration Bond ETFs
 ◐ List of Silver Miners ETFs
 ◐ List of Silver ETFs
 ◐ List of Small Cap Blend ETFs
 ◐ List of Small Cap ETFs
 ◐ List of Socially Responsible ETFs
 ◐ List of Softs ETFs
 ◐ List of Software ETFs
 ◐ List of Solar Energy ETFs
 ◐ List of South Africa ETFs
 ◐ List of Steel ETFs
 ◐ List of Technology ETFs
 ◐ List of Telecom ETFs
 ◐ List of Tips ETFs
 ◐ List of Transportation ETFs
 ◐ List of Ultra Short Term Duration Bond ETFs
 ◐ List of Utilities ETFs
 ◐ List of Value ETFs
 ◐ List of Volatility ETFs
 ◐ List of Water ETFs
 ◐ List of Zero Duration Bond ETFs

Search This Site