ProFunds UltraShort NASDAQ-100 Fund Service Class (USPSX)

15.38
Net Asset Value
+0.07%
1 Day
-28.86%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
2.69%
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 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-2.29% 3 years-33.44%
3 months-18.71% 5 years-36.76%
1 year-40.32% Since inception-34.34%
Data through --

Peer Comparisonvs. Bear market

 USPSXCategory
Performance 5-yr return-36.76%-21.22%
Expense ratio2.69%2.00%
Risk 5 year sharpe ratio-1.85-1.30
Net assets$13.0M$93.0M
Average market cap--$50.1B
Average P/E--17.8
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

Cash98.53%
Fixed income1.47%
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.