ProFunds UltraShort Mid-Cap Fund Service Class (UIPSX)

4.45
Net Asset Value
+0.23%
1 Day
-12.06%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
3.76%
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 "index"). The fund invests in derivatives that the adviser 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. The fund is non-diversified.

Performance

1 month+2.06% 3 years-34.28%
3 months0.00% 5 years-37.20%
1 year-18.50% Since inception-28.59%
Data through --

Peer Comparisonvs. Bear market

 UIPSXCategory
Performance 5-yr return-37.20%-22.62%
Expense ratio3.76%2.00%
Risk 5 year sharpe ratio-1.41-1.34
Net assets$2.4M$146.2M
Average market cap--$34.9B
Average P/E--24.6
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyProFunds
Fund manager & tenureMichael Neches / 1 Years
Minimal initial investment$15,000.00
Minimum IRA investment$15,000.00

Holdings

Cash96.69%
Fixed income3.31%
U.S. stock0.00%
International stock0.00%
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.

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