ProFunds Financials UltraSector Fund Investor Class (FNPIX)

22.46
Net Asset Value
-0.31%
1 Day
-1.01%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
1.61%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks 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. FinancialsSM 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 financial services sector of the U.S. equity market. The fund is non-diversified.

Performance

1 month-2.39% 3 years+12.99%
3 months+1.54% 5 years+16.94%
1 year+18.59% Since inception+0.83%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 FNPIXCategory
Performance 5-yr return+16.94%+16.48%
Expense ratio1.61%2.01%
Risk 5 year sharpe ratio0.88--
Net assets$11.8M$85.0M
Average market cap$60.9B--
Average P/E20.8--
Portfolio turnover211%211%

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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. stock72.39%
Cash26.59%
International stock1.02%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 98.16%
Business service 1.28%
Industrial materials 0.50%
Consumer goods 0.06%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
BRKB Berkshire Hathaway5.50%
JPM JPMorgan Chase5.35%
BAC Bank of America4.14%
WFC Wells Fargo3.88%
V Visa3.00%
C Citigroup2.76%
MA MasterCard2.09%
GS Goldman Sachs1.25%
USB U.S. Bancorp1.20%
MS Morgan Stanley1.05%