|Po Box 182800 , Columbus, OH 43218-2800|
|Fund Manager||Michael Neches|
|Manager Tenure||7 Years 11 Months|
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 derivatives that ProFund Advisors believes,in combination,should have similar daily return characteristics as two times the inverse (-2x) of the daily return ofthe Index.The Index is a price-weighted index that includes 30 large-cap, â€œblue-chipâ€ U.S.stocks,excluding utility and transportation companies.Components are selected through a discretionary process with no pre-determined criteria;except that,components should be established U.S.companies that are leaders in their industries,have an excellent reputation,demonstrate sustained growth,are of interest to a large number of investors and accurately represent the sectors covered by the average.The Index is not limited to traditionally defined industrial stocks; instead,the Index serves as a measure of the entire U.S.market,covering such diverse industries as financial services,technology,retail, entertainment and consumer goods.Composition changes are rare,and generally occur only after corporate acquisitions or other dramatic shifts in a componentâ€™s core business.When such an event necessitates the replacement of one component,the entire Index is reviewed.As ofSeptember 30, 2017,the Index included companies with capitalizations between $33.8 billion and $796.0 billion.The average capitalization of the companies comprising the Index was approximately $209.8 billion.The Index is published under the Bloomberg ticker symbol â€œINDU.â€The derivatives that the Fund will principally invest in are set forth below.Cash balances arising from the use of derivatives will typically be held in money market instruments.Derivatives â€" 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 or funds (including exchange-traded funds (â€œETFsâ€)), interest rates or indexes.The Fund invests in derivatives as a substitute for directly shorting stocks in order togain inverse leveraged exposure to the Index.
|Asset Type||% Of Allocation|
|Total Net Assets||160.00 K|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$0|
|Timeframe||Average Annual Current Performance Monthly As Of 08/31/2021||Average Annual Current Performance Quarterly As Of 06/30/2021||Avg Annual Current Performance Monthly As Of 08/31/2021||Avg Annual Current Performance Quarterly As Of 06/30/2021|
|Life Of Fund||
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