ProFunds Short Precious Metals Fund Investor Class (SPPIX)

8.24
Net Asset Value
+1.60%
1 Day
-7.42%
Year-to-Date
Overall Morningstar Rating
Trading-inverse commodities
Style or Category
No Load
Sales Expenses
2.09%
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+12.48% 3 years+12.47%
3 months+2.40% 5 years-2.99%
1 year-0.73% Since inception-14.05%
Data through --

Peer Comparisonvs. Trading-inverse commodities

 SPPIXCategory
Performance 5-yr return-2.99%-14.72%
Expense ratio2.09%1.71%
Risk 5 year sharpe ratio-0.17-0.63
Net assets$4.2M$4.3M
Average market cap----
Average P/E----
Portfolio turnover----

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyProFunds
Fund manager & tenureMichael Neches / 0 Years
Minimal initial investment$15,000.00
Minimum IRA investment$15,000.00

Holdings

Cash100.00%
U.S. stock0.00%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.