What is the difference between XBI and IBB?
XBI is an equal-weight ETF, whereas IBB is cap weighted. That gives XBI a potential performance advantage when smaller biotech stocks are surging, but it also makes the ETF more volatile than its cap-weighted peer. XBI’s three-year annualized volatility is nearly 800 basis points higher than that of IBB.
Is XBI equal weighted?
XBI is an equal-weighted ETF and it is currently lagging iShares Biotechnology ETF (NASDAQ:IBB), which is a market-cap-weighted ETF.
How does an ETF rebalance?
Regarding ETF structure, equally weighted ETFs rebalance on a regular basis, usually quarterly (market cap-weighted ETFs do not rebalance holdings), and this date is disclosed in the fund’s prospectus.
What is XBI fund?
XBI provides exposure to US biotech stocks, as defined by GICS, from a universe that invests across the market-cap spectrum. Unlike other funds in this segment, XBI is a pure biotech play, with relatively small pharma overlap. The index is rebalanced quarterly.
What companies are in Xbi?
Top 25 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Karuna Therapeutics Inc. | KRTX | 0.90% |
| Seagen Inc. | SGEN | 0.89% |
| Avid Bioservices Inc. | CDMO | 0.88% |
| Mirati Therapeutics Inc. | MRTX | 0.87% |
How many stocks are there in Xbi?
Fund Characteristics as of Nov 17 2021
| Number of Holdings | Price/Book Ratio Price/Book Ratio The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund’s portfolio as calculated for the last twelve months. | Weighted Average Market Cap |
|---|---|---|
| 188 | 0.01 | $8,378.77 M |
What is included in Xbi?
XBI focuses exclusively on American stocks, and primarily consists of mid cap and small cap securities. XBI’s portfolio is somewhat limited, though the equal-weighted methodology of the underlying index ensures that assets are balanced across all components.
Does rebalancing your 401k cost money?
With calendar rebalancing, you pick a regular date where you will rebalance your investments to their target weights. Many 401(k) plans have begun to offer automatic calendar rebalancing features at no additional cost, so research if your plan has one.
What companies are in Xbi ETF?
What stocks are Xbi ETF?
Top 10 Holdings (8.60% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| Intellia Therapeutics Inc | NTLA | 1.18% |
| Editas Medicine Inc | EDIT | 0.94% |
| Anavex Life Sciences Corp | AVXL | 0.92% |
| Beam Therapeutics Inc | BEAM | 0.90% |
Is Xbi a good long term investment?
XBI Now Offers An Excellent Long-Term Entry Point. As an individual investor nearing retirement I am trying to build my financial assets in order to have a fulfilling retirement.