ProFunds Banks UltraSector Fund Investor Class (BKPIX)

53.67
Net Asset Value
-0.59%
1 Day
+0.13%
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+1.69% 3 years+17.74%
3 months-8.32% 5 years+17.91%
1 year+28.61% Since inception-2.10%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 BKPIXCategory
Performance 5-yr return+17.91%+16.48%
Expense ratio1.55%2.01%
Risk 5 year sharpe ratio0.78--
Net assets$52.7M$81.4M
Average market cap$123.7B$93.2B
Average P/E17.5--
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. stock77.48%
Cash22.18%
Fixed income0.18%
International stock0.17%
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 Chase16.86%
BAC Bank of America13.03%
WFC Wells Fargo12.24%
C Citigroup8.72%
USB U.S. Bancorp3.79%
PNC PNC Financial Services Group3.17%
BBT BB&T Corp1.82%
STI SunTrust Banks Inc1.42%
MTB M&T Bank1.22%
FITB Fifth Third Bancorp0.98%