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iShares Biotechnology ETF (IBB)

Health | Exchange Traded Fund | NasdaqGM
208.95 USD -5.85 (-2.723%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 208.50 -0.45 (-0.450%) ⇩ (Aug. 28, 2026, 7:55 p.m. EDT)

Short-term:★★★★☆Long-term:★★★☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 3:07 a.m. EDT

The biotech sector is currently caught in a violent tug-of-war between a resilient price recovery and deep-seated speculative fear. Over the last two weeks, the ETF has staged a stunning comeback, surging from roughly 190 to over 213, effectively erasing the previous year's decline and reclaiming key moving averages. However, this rally is happening against a backdrop of extreme pessimism in the options chain. The presence of massive put walls at strikes significantly below the current price suggests that market makers and speculators are pricing in a high probability of a severe crash or a 'black swan' event in the drug trial space. While the recent price action shows strong momentum and the statistical forecast indicates a slight upward lean, the fundamental reality remains precarious: the asset is trading at a premium (P/E ~27.7x) despite a trailing twelve-month decline, and the options market is screaming for protection. This divergence creates a high-risk environment where a catalyst could trigger the feared crash, or the momentum could carry it higher, but the odds of a sharp retracement seem weighted heavily by the options flow.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.061344
AutoARIMA0.065529
AutoETS0.065530
AutoTheta0.068618

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 51%
H-stat 7.58
Ljung-Box p 0.000
Jarque-Bera p 0.049
Excess Kurtosis -0.38
Attribute Value
Trailing P/E 27.10

As of Aug. 22, 2026, 3:07 a.m. EDT: Speculators are positioning for a significant downside event, evidenced by massive open interest walls in deep out-of-the-money puts (strikes 60-160) across multiple expirations, which dwarf call activity. This 'put skew' suggests a fear of a sharp correction or sector-wide crash. Conversely, call volume is concentrated near the money and slightly OTM (200-230 strikes), indicating a bullish bias among active traders expecting a bounce or continuation of the recent rally, but the heavy put positioning acts as a formidable resistance ceiling.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.01% 0.25% 0.28% 0.27%
Dividend History
Date Dividend Yield %
2026-06-15 0.024000 0.013940
2026-03-17 0.122000 0.072980
2025-12-16 0.183000 0.108857
2025-09-16 0.083000 0.058890
2025-03-18 0.121000 0.090238
2024-12-17 0.062000 0.045038
2024-09-25 0.200000 0.140174
2024-03-21 0.126000 0.091817
2023-12-20 0.124000 0.096214
2023-09-26 0.153000 0.124857
2023-06-07 0.006000 0.004657
2023-03-23 0.065000 0.052272
2022-12-13 0.101000 0.074265
2022-09-26 0.159000 0.140187
2022-06-09 0.031000 0.027198
2022-03-24 0.118000 0.090748
2021-12-13 0.041000 0.027450
2021-09-24 0.124000 0.072732
2021-06-10 0.023000 0.014093
2021-03-25 0.131000 0.088109
2020-12-14 0.065000 0.042309
2020-09-23 0.063000 0.047698
2020-06-15 0.127000 0.097318
2020-03-25 0.055000 0.053922
2019-12-30 0.063000 0.052421
2019-12-16 0.058000 0.047693
2019-09-24 0.071000 0.069322
2019-06-17 0.080000 0.075401
2019-03-20 0.127000 0.112211
2018-09-26 0.032000 0.026532
2018-06-26 0.156000 0.142375
2017-12-21 0.125000 0.117041
2017-09-26 0.039667 0.036258
2017-06-27 0.059000 0.056933
2017-03-24 0.099667 0.103082
2016-12-22 0.030667 0.034496
2016-09-26 0.028667 0.029199
2016-06-21 0.054000 0.063582
2016-03-23 0.051000 0.060175
2015-12-24 0.010667 0.009418
2015-09-25 0.000667 0.000645
2015-06-24 0.019333 0.015360
2014-09-24 0.018000 0.019335
2014-06-25 0.131000 0.153588
2013-06-27 0.024000 0.041287
2012-12-19 0.034333 0.074063
2012-09-24 0.113333 0.237762
2012-06-22 0.062000 0.144354
2012-03-23 0.009000 0.022153
2011-12-22 0.004667 0.013564
2010-09-24 0.170000 0.586072
2008-06-24 0.059000 0.231403
2007-06-29 0.029333 0.112646
2006-12-21 0.000333 0.001271
2005-12-23 0.000333 0.001265
Additional Data
trailingAnnualDividendRate 0.35
trailingAnnualDividendYield 0.0016294227
dividendDate 2016-12-29
dividendYield 0.22

Info Dump

Attribute Value
All Time High 217.12
All Time Low 13.216667
Ask 197.12
Ask Size 1
Average Daily Volume10 Day 1,646,320
Average Daily Volume3 Month 1,598,022
Average Volume 1,598,022
Average Volume10Days 1,646,320
Beta3 Year 0.7
Bid 185.09
Bid Size 1
Book Value 161.64
Category Health
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 213.89
Day Low 208.54
Dividend Date 1,482,969,600
Dividend Yield 0.22
Eps Trailing Twelve Months 7.709469
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 193.8586
Fifty Day Average Change 15.0914
Fifty Day Average Change Percent 0.077847466
Fifty Two Week Change Percent 52.980553
Fifty Two Week High 217.12
Fifty Two Week High Change -8.169998
Fifty Two Week High Change Percent -0.037628952
Fifty Two Week Low 138.79
Fifty Two Week Low Change 70.16
Fifty Two Week Low Change Percent 0.505512
Fifty Two Week Range 138.79 - 217.12
Financial Currency USD
First Trade Date Milliseconds 981,988,200,000
Five Year Average Return 0.0484651
Full Exchange Name NasdaqGM
Fullday Change -5.85001
Fullday Change Percent -2.72347
Fullday Price 208.5
Fund Family iShares
Fund Inception Date 981,331,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund generally will invest at least 80% of its assets in the component securities of its underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.
Long Name iShares Biotechnology ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_8797590
Nav Price 215.20924
Net Assets 9,212,572,700.0
Net Expense Ratio 0.44
Open 213.32
Phone 415-670-2000
Post Market Change -0.44999695
Post Market Change Percent -0.21536107
Post Market Price 208.5
Post Market Time 1,787,961,326
Previous Close 214.8
Price Hint 2
Price To Book 1.2926874
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -5.85001
Regular Market Change Percent -2.72347
Regular Market Day High 213.89
Regular Market Day Low 208.54
Regular Market Day Range 208.54 - 213.89
Regular Market Open 213.32
Regular Market Previous Close 214.8
Regular Market Price 208.95
Regular Market Time 1,787,947,201
Regular Market Volume 1,404,748
Shares Outstanding 69,700,000
Short Name iShares Biotechnology ETF
Source Interval 15
Symbol IBB
Three Year Average Return 0.1929926
Total Assets 9,212,572,672
Tradeable 0
Trailing Annual Dividend Rate 0.35
Trailing Annual Dividend Yield 0.0016294227
Trailing P E 27.103035
Trailing Peg Ratio None
Trailing Three Month Nav Returns 10.5436
Trailing Three Month Returns 10.5436
Triggerable 1
Two Hundred Day Average 176.10275
Two Hundred Day Average Change 32.847244
Two Hundred Day Average Change Percent 0.18652317
Type Disp ETF
Volume 1,404,748
Yield 0.0022
Ytd Return 10.57917