ProFunds Banks UltraSector Fund Investor Class (BKPIX)

58.54
Net Asset Value
+2.18%
1 Day
+9.22%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
1.55%
Expense Ratio
High
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. BanksSM 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 banking sector of the U.S. equity market. It is non-diversified.

Performance

1 month-1.68% 3 years+24.32%
3 months+22.03% 5 years+23.95%
1 year+26.79% Since inception-1.28%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 BKPIXCategory
Performance 5-yr return+23.95%+16.48%
Expense ratio1.55%2.01%
Risk 5 year sharpe ratio0.97--
Net assets$68.5M$103.7M
Average market cap$109.1B--
Average P/E15.7--
Portfolio turnover252%252%

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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--

Holdings

U.S. stock73.59%
Cash25.59%
Fixed income0.65%
International stock0.16%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
JPM JPMorgan Chase15.85%
BAC Bank of America12.04%
WFC Wells Fargo11.23%
C Citigroup8.98%
USB U.S. Bancorp3.87%
PNC PNC Financial Services Group2.95%
BBT BB&T Corp1.79%
STI SunTrust Banks Inc1.30%
MTB M&T Bank1.15%
FITB Fifth Third Bancorp0.95%