SPDR SP BIOTECH: (AMEX: XBI)
May 23 04:00 PM ET
BENCHMARK for XBI
SP BIOTECHNOLOGY SELECT INDUSTRY
The S&P Biotechnology Select Industry Index represents the biotechnology sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the U.S. common stocks listed on the NYSE, AMEX, NASDAQ National Market and NASDAQ Small Cap exchanges. The Biotech Index is a modified equal weight index.
FUND SUMMARY FOR XBI
SPDR SP BIOTECH
The SPDR S&P Biotech ETF, before expenses, seeks to closely match the returns and characteristics of the S&P Biotechnology Select Industry Index.
Zacks ETF Rank : XBI
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.