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Address And Details

Po Box 182800 , Columbus, OH 43218-2800
Fund Manager Michael Neches
Manager Tenure 8 Years 7 Months

Strategy And Objective

The Fund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day. The Fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the Funds investment objective. The Index is constructed and maintained by Nasdaq, Inc. (the Index Provider ). The Index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. Companies selected for inclusion are non-financial companies that meet appropriate trading volumes, adjusted market capitalization and other eligibility criteria. The Index is published under the Bloomberg ticker symbol NDX. The Fund will invest principally in the financial instruments set forth below. The Fund expects that its cash balances maintained in connection with the use of financial instruments will typically be held in money market instruments.>Derivatives The Fund invests in derivatives, which are financial instruments whose value is derived from the value of an underlying asset or assets, such as stocks, bonds, funds (including exchange-traded funds (ETFs), interest rates or indexes. The Fund invests in derivatives as a substitute for directly shorting stocks in order to seek returns for a single day example, if the Index has risen on a given day, net assets of the Fund should fall. Asa result, the Funds inverse exposure will need to be decreased. Conversely, if the Index has fallen on a given day, net assets of the Fund should rise. As a result, the Funds inverse exposure will need to be increased.

Net Asset Value

as of 6:02 PM ET 05/19/2022

Performance

  • 1 Week
  • -0.40%
  • 1 Month
  • +33.94%
  • 3 Months
  • +23.81%
  • 1 Yr Return
  • -1.77%
  • 5 Yr Return
  • -91.44%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 100.00%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 123.27 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -21.90 -18.75 -13.96
Beta -1.81 -1.88 -1.95
R Squared 0.69 0.73 0.74
Std Deviation 40.56 36.32 30.78
Sharpe Ratio -0.99 -1.02 n/a

Purchase Information

as of 6:01 PM ET 05/18/2022
Minimum Initial $15000
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • -4.60%
  • -34.44%
-4.60% -34.44%
3 Year
  • -44.48%
  • -50.69%
-44.48% -50.69%
10 Year
  • -36.62%
  • -38.12%
-36.62% -38.12%
Life Of Fund
  • -35.01%
  • -35.79%
-35.01% -35.79%

Top 10 Holdings

Symbol Company Name % Of Assets
REPO TOTAL*REPURCHASE AGREEMENTS 102.23%
OTHER TOTAL*OTHER -2.23%

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