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ProFunds UltraShort Mid-Cap Fund Service Class (UIPSX)

3.44
Net Asset Value
-1.71%
1 Day
-27.43%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
3.48%
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 those factors in criteria such as liquidity, price, market capitalization and financial viability. It is non-diversified.

Performance

1 month-0.86% 3 years-24.17%
3 months-16.50% 5 years-33.64%
1 year-34.60% Since inception-27.54%
Data through --

Peer Comparisonvs. Bear market

 UIPSXCategory
Performance 5-yr return-33.64%-18.82%
Expense ratio3.48%1.99%
Risk 5 year sharpe ratio-1.27-1.19
Net assets$1.6M$105.9M
Average market cap--$63.7B
Average P/E--21.2
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyProFunds
Fund manager & tenureMichael Neches / 2 Years
Minimal initial investment$15,000.00
Minimum IRA investment--

Holdings

Cash96.56%
Fixed income3.44%
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.