ProFunds UltraShort Mid-Cap Fund Service Class (UIPSX)

20.87
Net Asset Value
-2.48%
1 Day
-1.88%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
3.95%
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+8.19% 3 years-22.88%
3 months-6.71% 5 years-28.01%
1 year-22.24% Since inception-27.98%
Data through --

Peer Comparisonvs. Bear market

 UIPSXCategory
Performance 5-yr return-28.01%-22.83%
Expense ratio3.95%1.92%
Risk 5 year sharpe ratio-1.53-1.45
Net assets$1.9M$98.3M
Average market cap--$63.1B
Average P/E--23.7
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyProFunds
Fund manager & tenureMichael Neches / 4 Years
Minimal initial investment$15,000.00
Minimum IRA investment--

Holdings

Cash99.48%
Fixed income0.52%
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.