- ISIN
- US74318X6958
- CUSIP
- 00433W106
- Issuer
- ProFunds
- Inception Date
- Dec 17, 2004
- Category
- High Yield Bonds
- Min. Investment
- $15,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
FYAIX Performance Chart
Access Flex High Yield ProFund (FYAIX) is up 1.1% since the beginning of the year. FYAIX is currently trading at $31 per share. Investors who bought $1,000 worth of FYAIX shares 5 years ago would now be looking at an investment worth $1,067.
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Returns By Period
Access Flex High Yield ProFund (FYAIX) has returned 1.06% so far this year and 4.73% over the past 12 months. Over the last ten years, FYAIX has returned 2.54% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Access Flex High Yield ProFund
- 1D
- 0.35%
- 1M
- 0.52%
- YTD
- 1.06%
- 6M
- 1.26%
- 1Y
- 4.73%
- 3Y*
- 4.20%
- 5Y*
- 1.30%
- 10Y*
- 2.54%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FYAIX Monthly Returns History
Based on dividend-adjusted daily data since Dec 17, 2004, FYAIX's average daily return is +0.02%, while the average monthly return is +0.39%. At this rate, an investment would double in approximately 14.8 years.
Historically, 63% of months were positive and 37% were negative. The best month was Apr 2009 with a return of +10.0%, while the worst month was Mar 2020 at -9.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FYAIX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +5.4%, while the worst single day was Oct 2, 2023 at -4.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.48% | -0.13% | -1.06% | 1.39% | 0.32% | 0.06% | 1.06% | ||||||
| 2025 | 1.17% | 0.80% | -1.25% | -0.06% | 1.58% | 1.65% | -0.02% | 1.01% | 0.74% | -0.15% | 0.65% | 0.33% | 6.61% |
| 2024 | 0.20% | 0.10% | 1.38% | -4.27% | 1.96% | 0.56% | 0.33% | 1.45% | 1.52% | -1.55% | 1.46% | -0.94% | 2.04% |
| 2023 | 3.63% | -2.46% | 2.14% | 0.64% | -0.60% | 1.00% | 0.97% | -0.33% | -1.77% | -4.86% | 5.43% | 3.62% | 7.18% |
| 2022 | -2.70% | -1.29% | -1.50% | -4.44% | 0.78% | -4.51% | 5.29% | -3.65% | -3.72% | 3.21% | 4.27% | -1.11% | -9.58% |
| 2021 | -1.08% | -0.45% | 0.37% | 1.29% | 0.33% | 0.47% | 0.03% | 0.55% | -1.00% | -0.67% | -0.65% | 1.24% | 0.40% |
Benchmark Metrics
Access Flex High Yield ProFund has an annualized alpha of 1.78%, beta of 0.28, and R2 of 0.43 versus S&P 500 Index. Calculated based on daily prices since December 17, 2004.
- This fund participated in 43.21% of S&P 500 Index downside but only 37.74% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.28 may look defensive, but with R2 of 0.43 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.43 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.78%
- Beta
- 0.28
- R²
- 0.43
- Upside Capture
- 37.74%
- Downside Capture
- 43.21%
Expense Ratio
FYAIX has a high expense ratio of 1.78%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FYAIX ranks 30 for risk / return — below 30% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Access Flex High Yield ProFund (FYAIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FYAIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.37 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | 2.78 | -0.73 |
| Martin ratioReturn relative to average drawdown | 8.75 | 12.44 | -3.69 |
Dividends
Dividend History
Access Flex High Yield ProFund provided a 2.04% dividend yield over the last twelve months, with an annual payout of $0.64 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.64 | $0.71 | $1.22 | $0.33 | $0.80 | $0.94 | $0.90 | $1.67 | $0.68 | $1.14 | $0.72 | $2.81 |
Dividend yield | 2.04% | 2.29% | 4.08% | 1.07% | 2.80% | 2.89% | 2.69% | 4.85% | 2.10% | 3.45% | 2.18% | 9.12% |
Monthly Dividends
The table displays the monthly dividend distributions for Access Flex High Yield ProFund. 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.21 | $0.00 | $0.13 | $0.71 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.00 | $0.52 | $1.22 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $0.80 |
| 2021 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.94 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Access Flex High Yield ProFund. 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 Access Flex High Yield ProFund was 25.01%, occurring on Mar 9, 2009. Recovery took 133 trading sessions.
The current Access Flex High Yield ProFund drawdown is 0.06%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -25.01%Mar 2009 | 9mo 23d | 6mo 11d | 1y 3moMay 2008 - Sep 2009 |
Bear market2022 | -17.01%Sep 2022 | 1y 11d | 2y 5d | 3y 16dSep 2021 - Oct 2024 |
COVID crash2020 | -16.43%Mar 2020 | 2mo 23d | 1y 2mo | 1y 5moDec 2019 - Jun 2021 |
2011 correction2011 | -10.88%Oct 2011 | 11mo 3d | 3mo 18d | 1y 2moNov 2010 - Jan 2012 |
2007 pullback2007 | -8.95%Jul 2007 | 3mo 4d | 1mo 26d | 5moApr 2007 - Sep 2007 |
Drawdown Indicators
| FYAIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.01% | -56.78% | +31.77% |
Max Drawdown (1Y)Largest decline over 1 year | -2.46% | -9.10% | +6.64% |
Max Drawdown (3Y)Largest decline over 3 years | -7.68% | -18.90% | +11.22% |
Max Drawdown (5Y)Largest decline over 5 years | -17.01% | -25.43% | +8.42% |
Max Drawdown (10Y)Largest decline over 10 years | -17.01% | -33.92% | +16.91% |
Current DrawdownCurrent decline from peak | -0.06% | -1.80% | +1.74% |
Average DrawdownAverage peak-to-trough decline | -2.93% | -10.71% | +7.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.58% | 2.03% | -1.45% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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