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BIB

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Proshares Ultra Nasdaq Biotechnology

46.48
+0.67 (+1.46%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 45.81
Day's Range: 45.6 - 47.59
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When Written:
 
55.02
ProShares Ultra Nasdaq Biotechnology is an exchange-traded fund (ETF) that seeks to provide twice the daily return of the Nasdaq Biotechnology Index. The ETF invests in a portfolio of biotechnology and pharmaceutical companies listed on the Nasdaq exchange. The fund is designed for investors who seek leveraged exposure to the biotechnology sector, with the aim of generating higher returns than traditional ETFs. However, it is important to note that leveraged ETFs can be more volatile and carry higher risk than non-leveraged ETFs. The expense ratio for ProShares Ultra Nasdaq Biotechnology is 0.95%, which is higher than the average expense ratio for ETFs.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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