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 NASDAQ-100 Fund Investor Class (USPIX)

8.51
Net Asset Value
+0.59%
1 Day
-15.07%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.82%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the NASDAQ-100  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. The index, a modified market capitalization-weighted index, includes approximately 100 of the largest non-financial domestic and international issues listed on The NASDAQ Stock Market. The fund is non-diversified.

Performance

1 month-3.20% 3 years-33.33%
3 months-13.23% 5 years-34.79%
1 year-28.61% Since inception-33.21%
Data through --

Peer Comparisonvs. Bear market

 USPIXCategory
Performance 5-yr return-34.79%-18.82%
Expense ratio1.82%1.99%
Risk 5 year sharpe ratio-1.36-1.09
Net assets$20.9M$118.0M
Average market cap--$65.1B
Average P/E--21.4
Portfolio turnover1,297%1,297%

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 / 2 Years
Minimal initial investment$15,000.00
Minimum IRA investment--

Holdings

Cash96.95%
Fixed income3.05%
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.