ProFunds Short Precious Metals Fund Investor Class (SPPIX)

42.94
Net Asset Value
+0.87%
1 Day
+8.08%
Year-to-Date
Overall Morningstar Rating
Trading--inverse commodities
Style or Category
No Load
Sales Expenses
2.00%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks daily investment results- before fees and expenses- that correspond to the inverse (-1x) of the daily performance of the Dow Jones Precious MetalsSM Index. The fund invests in derivatives that the adviser believes- in combination- should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the precious metals mining sector. The fund is non-diversified.

Performance

1 month+10.16% 3 years-15.16%
3 months+6.63% 5 years-6.50%
1 year+7.86% Since inception-13.16%
Data through --

Peer Comparisonvs. Trading--inverse commodities

 SPPIXCategory
Performance 5-yr return-6.50%-5.88%
Expense ratio2.00%2.28%
Risk 5 year sharpe ratio-0.01--
Net assets$8.4M$6.0M
Average market cap----
Average P/E----
Portfolio turnover----

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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

Cash95.42%
Fixed income4.58%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.