ProFunds UltraBear Fund Service Class (URPSX)

23.53
Net Asset Value
+1.69%
1 Day
-3.68%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
2.66%
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 500- Index. 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 approximately 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity- price- market capitalization and financial viability. It is non-diversified.

Performance

1 month+2.08% 3 years-22.88%
3 months+6.62% 5 years-27.25%
1 year-27.62% Since inception-19.13%
Data through --

Peer Comparisonvs. Bear market

 URPSXCategory
Performance 5-yr return-27.25%-21.16%
Expense ratio2.66%2.00%
Risk 5 year sharpe ratio-1.60-1.28
Net assets$17.5M$97.9M
Average market cap--$87.5B
Average P/E--20.3
Portfolio turnover1,297%1,297%

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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

Cash98.08%
Fixed income1.92%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.