ALPS Medical Breakthroughs ETF
ALPS Medical Breakthroughs ETF (AMEX: SBIO) is an exchange-traded fund listed on NYSE Arca, trading at $55.62 (about ₹5,244 a unit) as of 13 Nov 2026, 3:59 PM ET. It has an expense ratio of 0.5% and holds 103 securities. Indian residents can buy SBIO through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$54.38
Today's high
$55.81
52 week low
$44.80
52 week high
$70.85
SBIO opened at $55.04, closed previously at $55.91, and has traded between $44.80 and $70.85 over the past 52 weeks.
About
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.
Key statistics
Expense ratio
0.5%
Assets (AUM)
$186.3M
Holdings
103
NAV
$55.60
Avg. volume
38.04K
1-year price change
+20.61%
5-year price change
+19.89%
Price change excludes dividends.
Top 10 holdings
SBIO holds 103 securities in total. These 10 are 32.8% of the fund.
Where the money is invested
Countries
How to buy SBIO from India
Indian residents can buy SBIO units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in SBIO from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search SBIO and buy
Find the fund by its ticker, SBIO, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your SBIO position in USD and INR, and use Paasa's tax statements when you file your Indian return.
Trading and taxes when buying SBIO from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the SBIO price today?
ALPS Medical Breakthroughs ETF (SBIO) last traded at $55.62 on NYSE Arca, as of 13 Nov 2026, 3:59 PM ET. That is ₹5,244 a unit at the 13 Nov 2026 USD/INR rate.
When does SBIO trade, in Indian time?
NYSE Arca trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is SBIO, and what does it cost to hold?
ALPS Medical Breakthroughs ETF manages about $186.3M. Its expense ratio is 0.5% a year, deducted inside the fund. It launched in 2014.
What are SBIO's largest holdings?
The top three are Oruka Therapeutics Inc. (4.6%), CG oncology Inc. (4.3%) and VeraDermics Inc. (3.6%). SBIO's 10 largest positions make up 32.8% of the fund.
How are gains on SBIO taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of SBIO?
Yes. You can buy SBIO by amount rather than by whole unit, and there is no minimum trade size.
How has SBIO performed?
SBIO's price is up 20.6% over the past year and up 19.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.