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ProFunds UltraShort Mid-Cap Fund Investor Class (UIPIX)

31.03
Net Asset Value
-2.21%
1 Day
+506.05%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
2.27%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P MidCap 400 . The fund invests in derivatives that ProFund Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. It is a float-adjusted, market capitalization-weighted index of 400 U.S. operating companies and real estate investment trusts selected through a mechanical process that factors in criteria such as liquidity, price, market capitalization and financial viability. It is non-diversified.

Performance

1 month-21.04% 3 years-25.02%
3 months-16.14% 5 years-32.05%
1 year-37.69% Since inception-26.94%
Data through --

Peer Comparisonvs. Bear market

 UIPIXCategory
Performance 5-yr return-32.05%-23.54%
Expense ratio2.27%1.99%
Risk 5 year sharpe ratio-1.45-1.28
Net assets$2.7M$114.9M
Average market cap--$53.7B
Average P/E--19.4
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyProFunds
Fund manager & tenureMichael Neches / 3 Years
Minimal initial investment$15,000.00
Minimum IRA investment--

Holdings

Cash100.00%
U.S. stock0.00%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 18.06%
Industrial materials 14.97%
Healthcare 12.34%
Business service 11.01%
Consumer service 10.98%
Top 10 Holdings
Portfolio weighting
Holdings not available.