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Name

As of 12/04/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

ULTRASMALL-CAP PROFUND

UAPIX | Fund

$53.42

$34.3 M

0.00%

1.67%

Vitals

YTD Return

6.0%

1 yr return

-0.3%

3 Yr Avg Return

-7.3%

5 Yr Avg Return

0.3%

Net Assets

$34.3 M

Holdings in Top 10

32.8%

52 WEEK LOW AND HIGH

$52.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.67%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$15,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/04/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

ULTRASMALL-CAP PROFUND

UAPIX | Fund

$53.42

$34.3 M

0.00%

1.67%

UAPIX - Profile

Distributions

  • YTD Total Return 6.0%
  • 3 Yr Annualized Total Return -7.3%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    ULTRASMALL-CAP PROFUND
  • Fund Family Name
    ProFunds
  • Inception Date
    Feb 07, 2000
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Neches

Fund Description

The Fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the Daily Target.The Index is constructed and maintained by FTSE Russell. The Index is a measure of small-cap U.S. stock market performance. It is a market capitalization-weighted index containing approximately 2,000 of the smallest companies in the Russell 3000® Index, or approximately 7% of the total market capitalization of the Russell 3000® Index, as of June 30, 2023. The Russell 3000® Index includes approximately 3,000 of the largest companies in the U.S., representing approximately 96% of the investable U.S. equity market, as of June 30, 2023. More information about the Index is published under the Bloomberg ticker symbol “RTY.”Under normal circumstances, the Fund will obtain leveraged exposure to at least 80% of its total assets in component securities of the Index or in instruments with similar economic characteristics.The Fund will invest principally in the financial instruments listed below.•Equity Securities — Common stock issued by public companies.•Derivatives — Financial instruments whose value is derived from the value of an underlying asset or rate, such as stocks, bonds, ETFs, interest rates or indexes. These derivatives principally include:○Swap Agreements — Contracts entered into primarily with major global financial institutions for a specified period ranging from a day to more than one year. In a standard swap transaction, two parties agree to exchange or “swap” payments based on the change in value of an underlying asset or benchmark. For example, two parties may agree to exchange the return (or differentials in rates of returns) earned or realized on a particular investment or instrument.○Futures Contracts — Standardized contracts that obligate the parties to buy or sell an asset at a predetermined price and date in the future.•Money Market Instruments — The Fund expects that any cash balances maintained in connection with its use of derivatives will typically be held in high quality, short-term money market instruments, for example:○U.S. Treasury Bills — U.S. government securities that have initial maturities of one year or less, and are supported by the full faith and credit of the U.S. government.○Repurchase Agreements — Contracts in which a seller of securities, usually U.S. government securities or other money market instruments, agrees to buy the securities back at a specified time and price.ProFund Advisors uses a mathematical approach to investing in which it determines the type, quantity and mix of investment positions that it believes, in combination, the Fund should hold to produce daily returns consistent with the Daily Target. For these purposes a day is measured from the time of one net asset value(“NAV”)calculationto thenext.The Fund seeks to remain fully invested at all times in financial instruments that, in combination, provide leveraged exposure consistent with the investment objective, without regard to market conditions, trends or direction. However, the Fund may invest in or gain exposure to only a representative sample of the securities in the Index or to securities not contained in the Index or in financial instruments, with the intent of obtaining leveraged exposure consistent with the investment objective.The Fund seeks to rebalance its portfolio each day so that its exposure to the Index is consistent with the Daily Target. The Index’s movements during the day will affect whether the Fund’s portfolio needs to be rebalanced. For example, if the Index has risen on a given day, net assets of the Fund should rise (assuming there were no share redemptions). As a result, the Fund’s exposure will need to be increased. Conversely, if the Index has fallen on a given day, net assets of the Fund should fall (assuming there were no shares issued). As a result, the Fund’s exposure will need to be decreased.Please see “Investment Objectives, Principal Investment Strategies and Related Risks” in the Fund’s Prospectus for additional details.
Read More

UAPIX - Performance

Return Ranking - Trailing

Period UAPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% -65.6% 163.6% 69.81%
1 Yr -0.3% -68.7% 156.6% 74.21%
3 Yr -7.3%* -63.7% 56.4% 74.21%
5 Yr 0.3%* -53.3% 40.5% 71.97%
10 Yr 4.2%* -44.5% 40.1% 64.71%

* Annualized

Return Ranking - Calendar

Period UAPIX Return Category Return Low Category Return High Rank in Category (%)
2022 -43.8% -91.0% 124.5% 60.38%
2021 23.1% -79.4% 168.2% 57.86%
2020 13.9% -97.4% 132.6% 48.43%
2019 46.8% -53.1% 229.8% 42.68%
2018 -27.0% -74.3% 22.3% 62.58%

Total Return Ranking - Trailing

Period UAPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% -65.6% 163.6% 69.81%
1 Yr -0.3% -68.7% 156.6% 74.21%
3 Yr -7.3%* -63.7% 56.4% 74.21%
5 Yr 0.3%* -53.3% 40.5% 71.97%
10 Yr 4.2%* -44.5% 40.1% 64.71%

* Annualized

Total Return Ranking - Calendar

Period UAPIX Return Category Return Low Category Return High Rank in Category (%)
2022 -43.8% -91.0% 130.7% 64.15%
2021 23.1% -79.4% 168.2% 63.52%
2020 13.9% -97.4% 132.6% 54.09%
2019 47.0% -52.7% 231.9% 47.77%
2018 -26.9% -74.3% 22.3% 64.52%

NAV & Total Return History

UAPIX - Holdings

Concentration Analysis

UAPIX Category Low Category High UAPIX % Rank
Net Assets 34.3 M 845 K 16.3 B 50.60%
Number of Holdings 2007 4 2012 1.84%
Net Assets in Top 10 15.4 M 603 K 6.82 B 61.35%
Weighting of Top 10 32.78% 9.1% 175.7% 88.96%

Top 10 Holdings

  1. SOCIETE GENERALE 8.97%
  2. CREDIT AGRICOLE CIB NY 6.28%
  3. ROYAL BANK OF CANADA 5.98%
  4. HSBC SECURITIES USA INC 5.53%
  5. UMB FINANCIAL CORP 2.44%
  6. TOTAL RETURN SWAP AGREEMENT BASED ON THE RUSSELL 2000 INDEX 1.55%
  7. TOTAL RETURN SWAP AGREEMENT BASED ON THE RUSSELL 2000 INDEX 0.67%
  8. TOTAL RETURN SWAP AGREEMENT BASED ON THE ISHARES RUSSELL 2000 ETF 0.66%
  9. SUPER MICRO COMPUTER INC 0.41%
  10. TOTAL RETURN SWAP AGREEMENT BASED ON THE ISHARES RUSSELL 2000 ETF 0.30%

Asset Allocation

Weighting Return Low Return High UAPIX % Rank
Stocks 		67.40% 0.00% 100.00% 63.19%
Other 		32.44% -4.52% 99.82% 14.72%
Cash 		0.16% 0.00% 95.23% 80.37%
Preferred Stocks 		0.00% 0.00% 2.37% 30.06%
Convertible Bonds 		0.00% 0.00% 0.32% 37.42%
Bonds 		0.00% 0.00% 41.76% 42.94%

Stock Sector Breakdown

Weighting Return Low Return High UAPIX % Rank
Healthcare 		16.55% 0.00% 100.00% 15.08%
Financial Services 		15.61% 0.00% 100.00% 20.63%
Industrials 		15.08% 0.00% 100.00% 19.05%
Technology 		14.07% 0.00% 100.00% 46.03%
Consumer Cyclical 		10.68% 0.00% 94.15% 47.62%
Real Estate 		9.02% 0.00% 100.00% 15.87%
Energy 		5.10% 0.00% 100.00% 19.84%
Consumer Defense 		3.93% 0.00% 52.46% 44.44%
Basic Materials 		3.75% 0.00% 100.00% 30.16%
Communication Services 		3.46% 0.00% 100.00% 51.59%
Utilities 		2.76% 0.00% 100.00% 20.63%

Stock Geographic Breakdown

Weighting Return Low Return High UAPIX % Rank
US 		67.40% 0.00% 100.00% 63.19%
Non US 		0.00% 0.00% 20.00% 30.06%

UAPIX - Expenses

Operational Fees

UAPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.67% 0.74% 8.96% 52.20%
Management Fee 0.75% 0.00% 0.95% 26.19%
12b-1 Fee 0.00% 0.00% 1.00% 11.72%
Administrative Fee N/A 0.03% 0.25% 26.32%

Sales Fees

UAPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 4.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

UAPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

UAPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 266.00% 59.05%

UAPIX - Distributions

Dividend Yield Analysis

UAPIX Category Low Category High UAPIX % Rank
Dividend Yield 0.00% 0.00% 20.07% 63.10%

Dividend Distribution Analysis

UAPIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Monthly Quarterly

Net Income Ratio Analysis

UAPIX Category Low Category High UAPIX % Rank
Net Income Ratio -1.04% -2.77% 2.92% 67.92%

Capital Gain Distribution Analysis

UAPIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

UAPIX - Fund Manager Analysis

Managers

Michael Neches

Start Date

Tenure

Tenure Rank

Oct 01, 2013

8.67

8.7%

Michael Neches joined ProShare Advisors in 2000, and presently serves as a Senior Portfolio Manager. He previously served as the Senior Portfolio Manager responsible for the company’s commodities desk for two years, as a Portfolio Manager and team lead, as an Associate Portfolio Manager and as a Portfolio Analyst. Mr. Neches earned a Bachelor of Science in Finance from the University of Maryland, College Park and an MBA from Georgetown University.

Devin Sullivan

Start Date

Tenure

Tenure Rank

Apr 30, 2018

4.09

4.1%

Devin Sullivan is Portfolio Manager at ProShare Advisors since September 2016 and Associate Portfolio Manager from December 2011 to August 2016.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.79 28.9 9.84 8.67

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