ProShares Ultra Nasdaq Biotechnology (BIB) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BIB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BIB
BIB charges 0.95% annually. There are 100 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 44.22M | Mar 2026 | BIB vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | BIB vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | BIB vs SPUU | |
| Direxion Daily Semiconductor Bull 3X ETF | 0.75% | 25.32B | Mar 2010 | BIB vs SOXL | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | 41.64M | Jan 2025 | BIB vs AMDG |
Best Risk-Adjusted Alternatives to BIB
BIB has a PortfoliosLab risk / return rank of 86. There are 16 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 6.16B | Oct 2024 | BIB vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | BIB vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | BIB vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | BIB vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 509.42M | Feb 2025 | BIB vs INTW |
Top Performing BIB Alternatives (YTD)
BIB is at 23.85% YTD. There are 93 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 857.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 857.58% | 162.40M | Feb 2025 | BIB vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 640.02% | 6.16B | Oct 2024 | BIB vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 619.42% | 923.53M | Nov 2024 | BIB vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 438.70% | 101.49M | Nov 2025 | BIB vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 438.59% | 509.42M | Feb 2025 | BIB vs INTW |
Lowest Volatility Alternatives to BIB
BIB has 40.93% 1-year volatility. There are 83 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.76% | 22.82M | Apr 2021 | BIB vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.21% | 20.50M | Apr 2021 | BIB vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.39% | 13.45M | Jul 2021 | BIB vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.51% | 20.95M | Jul 2021 | BIB vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.54% | 69.49M | Apr 2021 | BIB vs XDSQ |
Lowest Drawdown Alternatives to BIB
BIB has a 1-year max drawdown of -16.92%. There are 16 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | BIB vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | BIB vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | BIB vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | BIB vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | BIB vs XDSQ |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $37B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 50 | 42.86% | 37.04B | Feb 2010 | BIB vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 52 | 30.96% | 14.15B | Jun 2006 | BIB vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -27.52% | 1.45B | Oct 2021 | BIB vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 52 | 25.19% | 5.47B | Jun 2009 | BIB vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 55 | 18.15% | 8.13B | Jun 2006 | BIB vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 76 | 81.18% | 2.97B | Jan 2007 | BIB vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 33 | 9.33% | 11.63B | Oct 2013 | BIB vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -42.24% | 2.09B | Feb 2010 | BIB vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 56 | 14.90% | 410.75M | Mar 2024 | BIB vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -33.76% | 216.19M | Oct 2011 | BIB vs UVXY |
Often Compared With BIB
Investors most often compare BIB with XBI, LABU, BIS. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare BIB with Any Fund or Stock
Compare BIB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BIB with funds that move differently
ProShares Ultra Nasdaq Biotechnology alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BIB.
Explore BIB Diversifiers