ProFunds Financials UltraSector Fund (FNPIX)
The investment seeks investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in financial instruments that the adviser believes, in combination, should produce daily returns consistent with its investment objective. The index seeks to measure the performance of certain companies in the financial services sector of the U.S. equity market.
Fund Info
| ISIN | US7431853990 |
|---|---|
| CUSIP | 743185399 |
| Issuer | ProFunds |
| Inception Date | Jun 18, 2000 |
| Category | Leveraged Equities, Leveraged |
| Min. Investment | $15,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
FNPIX has a high expense ratio of 1.72%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FNPIX vs. XLV, FNPIX vs. ^DJT, FNPIX vs. XLK
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProFunds Financials UltraSector Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ProFunds Financials UltraSector Fund had a return of 11.43% year-to-date (YTD) and 32.07% in the last 12 months. Over the past 10 years, ProFunds Financials UltraSector Fund had an annualized return of 11.32%, outperforming the S&P 500 benchmark which had an annualized return of 10.55%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.43% | 7.26% |
| 1 month | -5.31% | -2.63% |
| 6 months | 41.82% | 22.78% |
| 1 year | 32.07% | 22.71% |
| 5 years (annualized) | 9.07% | 11.87% |
| 10 years (annualized) | 11.32% | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.12% | 5.81% | 6.82% | |||||||||
| 2023 | -4.21% | 16.22% | 7.73% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FNPIX is 72, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
ProFunds Financials UltraSector Fund(FNPIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProFunds Financials UltraSector Fund (FNPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProFunds Financials UltraSector Fund granted a 0.23% dividend yield in the last twelve months. The annual payout for that period amounted to $0.08 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.08 | $0.08 | $0.00 | $2.40 | $0.00 | $0.46 |
Dividend yield | 0.23% | 0.25% | 0.00% | 7.18% | 0.00% | 1.70% |
Monthly Dividends
The table displays the monthly dividend distributions for ProFunds Financials UltraSector Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.40 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.46 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProFunds Financials UltraSector Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProFunds Financials UltraSector Fund was 93.14%, occurring on Mar 6, 2009. Recovery took 3079 trading sessions.
The current ProFunds Financials UltraSector Fund drawdown is 5.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -93.14% | Feb 21, 2007 | 513 | Mar 6, 2009 | 3079 | Jun 1, 2021 | 3592 |
| -51.92% | Jan 4, 2001 | 439 | Oct 9, 2002 | 557 | Dec 28, 2004 | 996 |
| -37.8% | Jan 13, 2022 | 188 | Oct 12, 2022 | 361 | Mar 21, 2024 | 549 |
| -20.5% | Sep 13, 2000 | 22 | Oct 12, 2000 | 53 | Dec 28, 2000 | 75 |
| -14.53% | Jan 3, 2005 | 75 | Apr 20, 2005 | 140 | Nov 7, 2005 | 215 |
Volatility
Volatility Chart
The current ProFunds Financials UltraSector Fund volatility is 5.34%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.