ProFunds Telecommunications UltraSector Fund Service Class (TCPSX)
| 21.08 Net Asset Value | +0.29% 1 Day | +9.73% Year-to-Date | Overall Morningstar Rating |
| Trading-leveraged equity Style or Category | No Load Sales Expenses | 3.07% Expense Ratio | Above Average 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. TelecommunicationsSM 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 telecommunications industry of the U.S. equity market. The fund is non-diversified.
Performance
| 1 month | +4.51% | 3 years | +15.82% | |
| 3 months | +13.09% | 5 years | +17.13% | |
| 1 year | +10.37% | Since inception | -8.58% |
Data through --
Peer Comparisonvs. Trading-leveraged equity
| TCPSX | Category | |
|---|---|---|
| Performance 5-yr return | +17.13% | +23.72% |
| Expense ratio | 3.07% | 2.10% |
| Risk 5 year sharpe ratio | 0.87 | 0.94 |
| Net assets | $5.7M | $64.5M |
| Average market cap | $125.8B | -- |
| Average P/E | 11.6 | -- |
| Portfolio turnover | 307% | 307% |
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Fund Management and Purchase Info
| Fund family | ProFunds |
| Fund manager & tenure | Michael Neches / 0 Years |
| Minimal initial investment | $15,000.00 |
| Minimum IRA investment | $15,000.00 |
Holdings
| U.S. stock | 69.96% |
| Cash | 29.88% |
| International stock | 0.16% |
| Fixed income | 0.00% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Telecommunication | 96.71% |
| Media | 1.99% |
| Industrial materials | 1.30% |
| Business service | 0.00% |
| Consumer goods | 0.00% |
Top 10 HoldingsPortfolio weighting
| VZ Verizon Communications Inc | 29.98% |
| T AT&T Inc | 28.79% |
| CTL CenturyLink Inc | 3.12% |
| SBAC SBA Communications Corp | 1.78% |
| TMUS T-Mobile US Inc | 1.16% |
| S Sprint Corp Series 1 | 1.13% |
| LVLT Level 3 Communications Inc | 1.11% |
| FTR Frontier Communications Corp Class B | 0.92% |
| WIN Windstream Holdings, Inc. | 0.83% |
| TWTC tw telecom inc | 0.67% |
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