The investment seeks to provide investment results that correspond generally to the inverse of the total return of the high yield market consistent with maintaining reasonable liquidity. The fund invests primarily in financial instruments that ProFund Advisors believes, in combination, should provide investment results that correspond generally to the inverse of the high yield market. It seeks to maintain inverse exposure to the high yield market regardless of market conditions and without taking defensive positions in cash or other instruments in anticipation of periods favorable for the high yield market.

Nasdaq

AFBIX

The fund invests in swap agreements, futures contracts, short positions, or other financial instruments providing inverse or short leveraged exposure to the index, equal to at least 80% of the fund's net assets (including borrowing for investment purposes). The index is a market value-weighted index comprising publicly issued U.S. Treasury securities with a remaining maturity between seven and ten years.

DXKSX

The investment seeks daily investment results, before fees and expenses, that correspond to one and one-quarter times the inverse (-1.25x) of the daily performance of the most recently issued 30-Year U.S. Treasury Bond. The fund invests in financial instruments that the adviser believes, in combination, should produce daily returns consistent with the fund's investment objective.

RRPIX

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the most recently issued 10-Year U.S. Treasury Note. The fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. It is non-diversified.

RTPIX

The investment seeks to provide investment results that inversely correlate, before fees and expenses, to the performance of the high yield bond market.  Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments that in combination should provide inverse exposure to the U.S. and Canadian high yield bond markets. It will primarily invest in credit default swaps, swaps on ETFs, and bond futures to gain inverse exposure to the high yield bond market. The fund is non-diversified.

RYILX

The fund employs as its investment strategy a program of engaging in short sales and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform opposite to fixed income securities issued by the U.S. government.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Risk / Return Rank
AFBIX	Access Flex Bear High Yield ProFund	Inverse Bonds, Leveraged	Apr 26, 2005	1.78%	0.69%	-4.41%	0.00%	1
DXKSX	Direxion Monthly 7-10 Year Treasury Bear 1.75X Fun...	Inverse Bonds, Leveraged	May 17, 2004	1.35%	2.34%	2.25%	11.98%	9
RRPIX	ProFunds Rising Rates Opportunity Fund	Inverse Bonds, Leveraged	Apr 30, 2002	1.52%	1.41%	1.13%	3.45%	13
RTPIX	ProFunds Rising Rates Opportunity 10 Fund	Inverse Bonds, Leveraged	Jan 9, 2005	1.78%	1.49%	0.72%	3.45%	8
RYILX	Rydex Inverse High Yield Strategy Fund	Inverse Bonds, Leveraged	Apr 15, 2007	1.55%	2.66%	-3.03%	0.00%	2
RYJUX	Rydex Inverse Government Long Bond Strategy Fund	Inverse Bonds, Leveraged	Mar 2, 1995	4.28%	1.27%	2.79%	4.38%	17

The Best Inverse Bonds Mutual Funds

Risk vs. Return Scatterplot