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Sunday, August 23, 2026The Morning Brief →Sign in

ALPS Medical Breakthroughs ETF

$69.11+0.80% today
347152-WK

The fund employs a "passive management" - or indexing - investment approach designed to track the performance of the underlying index. It will normally invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index is comprised of small and mid-cap stocks of biotechnology companies that have one or more drugs in either Phase II or Phase III of the U.S. Food and Drug Administration clinical trials.

Price & daily flows
63.052.642.2Tue Aug 18 · Three small-cap ETFs surface as Russell 2000 sets record69.11DAILY NET FLOWAug 25Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +37.8% so far this year. At 0.50% a year it is not the cheapest way in — IBRN runs the same ground at 0.47%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$114Massets under management
0.50%expense ratio · $50 per $10,000 a year
net flow, trailing month
38Kavg daily volume, 30 days
95holdings · US-domiciled
2014listed December 29, 2014 · beta 1.01
Sector weights
Healthcare100%
Health Technology97.84%
Other4.16%
Health Services2.19%
Mutual fund0.07%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States84.79%
Netherlands4.21%
United Kingdom3%
Switzerland2.26%
Canada2.18%
France1.54%
China1.21%
Belgium1.19%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+1.9%
1 month+8.4%
3 months+29.7%
6 months+35.2%
YTD+37.8%
1 year+96.0%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
27%realized volatility, 30 days (annualized)
31%realized volatility, 1 year
-12.7%deepest fall from a peak, 1 year
-2.4%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
1calls today
puts today
put/call ratio
50Kshares traded
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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