Screening Criteria

ETF Sources:

  • IBB iShares Nasdaq Biotechnology

  • XLV S&P Healthcare Index  

  • XBI SPDR S&P Biotech  

  • XHS SPDR S&P Health Care Services

  • XHE SPDR S&P Health Care Equipment

  • IHF iShares U.S. Healthcare Providers

 

Nonspecific Screening Criteria:

  • Market Cap:  >500M

  • Share Price: >$2.00

  • Beta: < 1.5

  • IPO Date: >5 years

 

Revenue Generating Screeners:

  • P/E: <50

  • Dividend Yield: >2%

 

Screeners for non-revenue companies:

  • Stage 2 or above on most promising pipeline candidate

  • One compound in the pipeline must have FDA designation: breakthrough therapy, orphan drug, fast track, priority review, accelerated approval process