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ProFunds UltraShort Mid-Cap Fund Service Class (UIPSX)

5.14
Net Asset Value
+5.54%
1 Day
+1.58%
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+10.18% 3 years-30.81%
3 months+11.19% 5 years-34.90%
1 year-9.31% Since inception-28.18%
Data through --

Peer Comparisonvs. Bear market

 UIPSXCategory
Performance 5-yr return-34.90%-25.00%
Expense ratio3.76%2.00%
Risk 5 year sharpe ratio-1.45-1.37
Net assets$1.9M$143.6M
Average market cap--$40.9B
Average P/E--22.3
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

Cash97.47%
Fixed income2.53%
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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