ProShares Ultra Nasdaq Biotechnology (NasdaqGM: BIB), a leveraged fund, rose 9% on Monday.
Other biotech ETFs rallying early Monday included SPDR S&P Biotech (NYSEArca: XBI), iShares Biotech (NasdaqGS: IBB) and PowerShares Dynamic Biotech & Genome (NYSEArca: PBE). [Falling Correlations Good for Biotech ETFs]
Market Vectors Biotech ETF
