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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$46.11

$568 M

0.00%

1.51%

Vitals

YTD Return

22.7%

1 yr return

-41.2%

3 Yr Avg Return

-22.1%

5 Yr Avg Return

-8.6%

Net Assets

$568 M

Holdings in Top 10

50.2%

52 WEEK LOW AND HIGH

$45.3
$35.86
$85.96

Expenses

OPERATING FEES

Expense Ratio 1.51%

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

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$46.11

$568 M

0.00%

1.51%

UOPIX - Profile

Distributions

  • YTD Total Return 22.7%
  • 3 Yr Annualized Total Return -22.1%
  • 5 Yr Annualized Total Return -8.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.05%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    ProFunds UltraNASDAQ-100 Fund
  • Fund Family Name
    ProFunds
  • Inception Date
    Dec 01, 1997
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Neches

Fund Description

The Fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the Fund’s 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 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.Equity Securities — The Fund invests in common stock issued by public companies.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 investing directly in securities in order to seek returns for a single day that are leveraged (2x) to the returns of the Index for that day. 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 the return (or differentials in rates of return) earned or realized on particular predetermined investments or instruments. The gross return to be exchanged or “swapped” between the parties is calculated with respect to a “notional amount,” e.g., the return on or change in value of a particular dollar amount invested in a “basket” of securities or an ETF representing a particular index.Futures Contracts — Standardized contracts traded on, or subject to the rules of, an exchange that call for the future delivery of a specified quantity and type of asset at a specified time and place or, alternatively, may call for cash settlement.Money Market Instruments — The Fund invests in short-term cash instruments that have a remaining maturity of 397 days or less and exhibit high quality credit profiles, 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. Repurchase agreements are primarily used by the Fund as a short-term investment vehicle for cash positions.ProFund Advisors uses a mathematical approach to investing. Using this approach, ProFund Advisors 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 Fund’s daily investment objective. 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 exposure with aggregate characteristics similar to those of a multiple of the single day returns of the Index. In managing the assets of the Fund, ProFund Advisors does not invest the assets of the Fund in securities or financial instruments based on ProFund Advisors’ view of the investment merit of a particular security, instrument, or company, nor does it conduct conventional investment research or analysis or forecast market movement or trends. The Fund seeks to remain fully invested at all times in securities and/or financial instruments that, in combination, provide leveraged exposure to the single day returns of the Index, consistent with its investment objective, without regard to market conditions, trends or direction. The Fund seeks investment results for a single day only, measured as the time the Fund calculates its NAV to the next time the Fund calculates its NAV, and not for any other period.The Fund seeks to engage in daily rebalancing to position its portfolio so that its exposure to the Index is consistent with the Fund’s daily investment objective. The time and manner in which the Fund rebalances its portfolio may vary from day to day at the discretion of ProFund Advisors, depending on market conditions and other circumstances. 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.Daily rebalancing and the compounding of each day’s return over time means that the return of the Fund for a period longer than a single day will be the result of each day’s returns compounded over the period.This will very likely differ in amount, and possibly even direction, from two times (2x) the return of the Index for the same period. The Fund will lose money if the Index’s performance is flat over time.The Fund can lose money regardless of the performance of the Index, as a result of daily rebalancing, the Index’s volatility, compounding of each day’s return and other factors. See “Principal Risks” below.The Fund will concentrate (i.e., invest in securities that represent 25 percent or more of the value of the Index) or focus (i.e., invest in securities that represent a substantial portion of its value, but less than 25 percent) its investments in a particular industry or group of industries to approximately the same extent the Index is so concentrated or focused. As of July 31, 2022, the Index was concentrated in the information technology industry group and was focused in the consumer discretionary and communication services industry groups.Please see “Investment Objectives, Principal Investment Strategies and Related Risks” in the Fund’s Prospectus for additional details.
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UOPIX - Performance

Return Ranking - Trailing

Period UOPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.7% -53.1% 73.8% 23.96%
1 Yr -41.2% -76.8% 114.3% 90.45%
3 Yr -22.1%* -60.3% 23.7% 88.55%
5 Yr -8.6%* -58.8% 17.1% 70.25%
10 Yr 13.9%* -44.3% 39.8% 29.63%

* Annualized

Return Ranking - Calendar

Period UOPIX Return Category Return Low Category Return High Rank in Category (%)
2022 -62.7% -91.0% 202.7% 87.57%
2021 14.9% -100.0% 63.8% 47.06%
2020 -5.3% -70.3% 68.6% 76.65%
2019 14.3% -63.8% 35.0% 22.70%
2018 -2.8% -23.8% 19.5% 26.11%

Total Return Ranking - Trailing

Period UOPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.7% -86.2% 87.0% 24.48%
1 Yr -41.2% -76.8% 114.3% 90.45%
3 Yr -22.1%* -60.3% 23.7% 88.55%
5 Yr -8.6%* -58.8% 17.1% 70.25%
10 Yr 13.9%* -44.3% 39.8% 29.63%

* Annualized

Total Return Ranking - Calendar

Period UOPIX Return Category Return Low Category Return High Rank in Category (%)
2022 -62.7% -91.0% 202.7% 87.57%
2021 14.9% -100.0% 63.8% 47.06%
2020 -5.3% -70.3% 68.6% 76.65%
2019 14.3% -63.8% 35.0% 22.70%
2018 -2.8% -23.8% 32.1% 26.11%

NAV & Total Return History


UOPIX - Holdings

Concentration Analysis

UOPIX Category Low Category High UOPIX % Rank
Net Assets 568 M 431 K 13.8 B 7.91%
Number of Holdings 112 2 2041 32.82%
Net Assets in Top 10 437 M 3.61 K 28.4 B 11.28%
Weighting of Top 10 50.23% 14.2% 100.0% 65.12%

Top 10 Holdings

  1. Sgp 0.012% , 2/1/2021 17.41%
  2. Sgp 0.012% , 2/1/2021 17.41%
  3. Sgp 0.012% , 2/1/2021 17.41%
  4. Sgp 0.012% , 2/1/2021 17.41%
  5. Sgp 0.012% , 2/1/2021 17.41%
  6. Sgp 0.012% , 2/1/2021 17.41%
  7. Sgp 0.012% , 2/1/2021 17.41%
  8. Sgp 0.012% , 2/1/2021 17.41%
  9. Sgp 0.012% , 2/1/2021 17.41%
  10. Sgp 0.012% , 2/1/2021 17.41%

Asset Allocation

Weighting Return Low Return High UOPIX % Rank
Stocks
77.02% -53.45% 300.00% 48.72%
Cash
15.03% -217.86% 1070.64% 64.62%
Other
7.96% -970.62% 246.44% 20.51%
Preferred Stocks
0.00% 0.00% 5.99% 13.85%
Convertible Bonds
0.00% 0.00% 0.32% 18.97%
Bonds
0.00% 0.00% 17.08% 21.03%

Stock Sector Breakdown

Weighting Return Low Return High UOPIX % Rank
Technology
48.49% 0.00% 100.00% 10.39%
Communication Services
18.54% 0.00% 100.00% 14.29%
Consumer Cyclical
15.76% 0.00% 94.15% 22.08%
Healthcare
5.71% 0.00% 100.00% 46.10%
Consumer Defense
5.28% 0.00% 98.30% 33.77%
Industrials
3.75% 0.00% 100.00% 51.95%
Financial Services
1.46% 0.00% 100.00% 55.19%
Utilities
1.01% 0.00% 100.00% 41.56%
Real Estate
0.00% 0.00% 100.00% 46.10%
Energy
0.00% 0.00% 100.00% 56.49%
Basic Materials
0.00% 0.00% 100.00% 58.44%

Stock Geographic Breakdown

Weighting Return Low Return High UOPIX % Rank
US
75.26% -235.81% 298.07% 45.64%
Non US
1.76% 0.00% 200.29% 35.90%

UOPIX - Expenses

Operational Fees

UOPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.51% 0.45% 2.82% 44.67%
Management Fee 0.75% 0.00% 0.95% 14.35%
12b-1 Fee 0.00% 0.00% 1.00% 6.54%
Administrative Fee N/A 0.03% 0.25% 10.53%

Sales Fees

UOPIX 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

UOPIX 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.

UOPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 302.00% 13.33%

UOPIX - Distributions

Dividend Yield Analysis

UOPIX Category Low Category High UOPIX % Rank
Dividend Yield 0.00% 0.00% 24.60% 33.33%

Dividend Distribution Analysis

UOPIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Quarterly

Net Income Ratio Analysis

UOPIX Category Low Category High UOPIX % Rank
Net Income Ratio -1.05% -2.77% 6.66% 72.53%

Capital Gain Distribution Analysis

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

Distributions History

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UOPIX - 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
1.19 28.9 9.01 8.67