ProFunds Biotechnology UltraSector Fund Investor Class (BIPIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks daily investment results- before fees and expenses- that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. BiotechnologySM Index. The fund invests in securities and derivatives that the adviser believes- in combination- should have similar daily return characteristics as one and one-half times (1.5x) the daily return of the index. The index measures the performance of the biotechnology sector of the U.S. equity market. It is non-diversified.


1 month-11.80% 3 years-3.83%
3 months-13.89% 5 years+15.16%
1 year+15.28% Since inception+6.74%
Data through --

Peer Comparisonvs. Trading--leveraged equity

Performance 5-yr return+15.16%+16.48%
Expense ratio1.45%2.01%
Risk 5 year sharpe ratio0.70--
Net assets$262.9M$87.8M
Average market cap$58.7B--
Average P/E20.3--
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyProFunds
Fund manager & tenureMichael Neches / 4 Years
Minimal initial investment$15,000.00
Minimum IRA investment--


U.S. stock77.67%
Fixed income0.01%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Healthcare 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
ABBV AbbVie15.49%
AMGN Amgen11.69%
GILD Gilead Sciences9.48%
CELG Celgene6.89%
BIIB Biogen6.37%
VRTX Vertex Pharmaceuticals Inc3.65%
ILMN Illumina Inc2.94%
REGN Regeneron Pharmaceuticals2.44%
ALXN Alexion Pharmaceuticals Inc2.31%
BMRN Biomarin Pharmaceutical Inc1.37%