Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

ProFunds UltraShort Mid-Cap Fund Service Class (UIPSX)

27.91
Net Asset Value
+0.22%
1 Day
-5.55%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
3.27%
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+3.76% 3 years-22.96%
3 months-4.43% 5 years-28.71%
1 year-37.42% Since inception-28.02%
Data through --

Peer Comparisonvs. Bear market

 UIPSXCategory
Performance 5-yr return-28.71%-21.65%
Expense ratio3.27%2.00%
Risk 5 year sharpe ratio-1.45-1.25
Net assets$2.4M$100.2M
Average market cap--$78.4B
Average P/E--18.1
Portfolio turnover----

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

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.