ProFunds Utilities UltraSector Fund Investor Class (UTPIX)
| 38.19 Net Asset Value | +0.45% 1 Day | +5.97% Year-to-Date | Overall Morningstar Rating |
| Trading-leveraged equity Style or Category | No Load Sales Expenses | 1.77% Expense Ratio | High Morningstar Risk Rating™ |
Investment Objective The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. UtilitiesSM Index.
The fund invests in securities and derivatives that the adviser believes, in combination, should have similar daily return characteristics as one and one-half times (1.5x) the daily return of the index. The index measures the performance of the utilities sector of the U.S. equity market. The fund is non-diversified.
Performance
| 1 month | +6.39% | 3 years | +23.33% | |
| 3 months | +18.14% | 5 years | +20.60% | |
| 1 year | +47.00% | Since inception | +5.50% |
Data through --
Peer Comparisonvs. Trading-leveraged equity
| UTPIX | Category | |
|---|---|---|
| Performance 5-yr return | +20.60% | +16.48% |
| Expense ratio | 1.77% | 2.05% |
| Risk 5 year sharpe ratio | 1.04 | 0.74 |
| Net assets | $45.2M | $81.7M |
| Average market cap | $17.4B | -- |
| Average P/E | 19.9 | -- |
| Portfolio turnover | 294% | 294% |
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Fund Management and Purchase Info
| Fund family | ProFunds |
| Fund manager & tenure | Michael Neches / 1 Years |
| Minimal initial investment | $15,000.00 |
| Minimum IRA investment | $15,000.00 |
Holdings
| U.S. stock | 69.88% |
| Cash | 27.82% |
| Fixed income | 2.30% |
| International stock | 0.00% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Utilities | 94.71% |
| Energy | 4.85% |
| Industrial materials | 0.44% |
| Business service | 0.00% |
| Consumer goods | 0.00% |
Top 10 HoldingsPortfolio weighting
| DUK Duke Energy Corporation | 6.02% |
| NEE NextEra Energy Inc | 4.56% |
| D Dominion Resources Inc | 4.34% |
| EXC Exelon Corp | 3.27% |
| SO Southern Co | 3.21% |
| AEP American Electric Power Co Inc | 2.96% |
| SRE Sempra Energy | 2.67% |
| PCG PG&E Corp | 2.47% |
| PPL PPL Corp | 2.42% |
| PEG Public Service Enterprise Group Inc | 2.17% |
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