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ProFunds Mid Cap Growth Fund (MGPIX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US74318Q8318
CUSIP
74318Q831
Issuer
ProFunds
Inception Date
Sep 4, 2001
Min. Investment
$15,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProFunds Mid Cap Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

ProFunds Mid Cap Growth Fund (MGPIX) has returned 0.10% so far this year and 15.80% over the past 12 months. Over the last ten years, MGPIX has returned 5.90% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


ProFunds Mid Cap Growth Fund

1D
-1.41%
1M
-8.70%
YTD
0.10%
6M
0.98%
1Y
15.80%
3Y*
9.89%
5Y*
-0.92%
10Y*
5.90%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 31, 2001, MGPIX's average daily return is +0.03%, while the average monthly return is +0.64%. At this rate, your investment would double in approximately 9.1 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2009 with a return of +13.9%, while the worst month was Oct 2008 at -21.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, MGPIX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +10.8%, while the worst single day was Dec 15, 2021 at -18.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.80%5.63%-8.70%0.10%
20253.57%-5.69%-6.58%-0.33%6.01%3.23%2.01%2.19%0.85%0.14%1.02%-0.27%5.56%
2024-0.54%9.57%5.60%-6.15%3.96%-1.38%4.04%-0.93%1.00%-1.49%8.53%-7.67%13.77%
20236.93%-0.98%-1.28%-0.65%-2.93%8.52%3.74%-2.22%-4.94%-4.99%7.40%7.21%15.40%
2022-10.55%0.82%0.35%-7.73%-0.94%-10.08%12.50%-3.53%-9.00%9.23%5.57%-6.12%-20.47%
20211.72%3.93%2.25%3.96%-1.91%0.90%0.85%1.27%-4.42%7.35%-3.77%-16.61%-6.46%

Benchmark Metrics

ProFunds Mid Cap Growth Fund has an annualized alpha of -0.50%, beta of 1.02, and R² of 0.81 versus S&P 500 Index. Calculated based on daily prices since September 04, 2001.

  • This fund participated in 105.02% of S&P 500 Index downside but only 101.05% of its upside — more exposed to losses than it benefited from rallies.
  • With beta of 1.02 and R² of 0.81, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
-0.50%
Beta
1.02
0.81
Upside Capture
101.05%
Downside Capture
105.02%

Expense Ratio

MGPIX has a high expense ratio of 1.69%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

MGPIX ranks 33 for risk / return — below 33% 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.


MGPIX Risk / Return Rank: 3333
Overall Rank
MGPIX Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
MGPIX Sortino Ratio Rank: 3333
Sortino Ratio Rank
MGPIX Omega Ratio Rank: 2929
Omega Ratio Rank
MGPIX Calmar Ratio Rank: 3535
Calmar Ratio Rank
MGPIX Martin Ratio Rank: 4040
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for ProFunds Mid Cap Growth Fund (MGPIX) and compare them to a chosen benchmark (S&P 500 Index).


MGPIXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.73

0.90

-0.16

Sortino ratio

Return per unit of downside risk

1.18

1.39

-0.21

Omega ratio

Gain probability vs. loss probability

1.16

1.21

-0.05

Calmar ratio

Return relative to maximum drawdown

0.99

1.40

-0.41

Martin ratio

Return relative to average drawdown

4.27

6.61

-2.34

Explore MGPIX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

ProFunds Mid Cap Growth Fund provided a 3.42% dividend yield over the last twelve months, with an annual payout of $3.70 per share.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%$0.00$1.00$2.00$3.00$4.00202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020
Dividend$3.70$3.70$0.96$0.00$2.65$1.56$3.08

Dividend yield

3.42%3.42%0.91%0.00%3.26%1.47%2.69%

Monthly Dividends

The table displays the monthly dividend distributions for ProFunds Mid Cap Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.70$3.70
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.96$0.96
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.65$2.65
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.56$1.56

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 ProFunds Mid Cap Growth 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 Mid Cap Growth Fund was 54.61%, occurring on Nov 20, 2008. Recovery took 511 trading sessions.

The current ProFunds Mid Cap Growth Fund drawdown is 14.17%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-54.61%Oct 11, 2007282Nov 20, 2008511Dec 1, 2010793
-43.84%Nov 17, 2021146Jun 16, 2022
-39.27%Feb 21, 202022Mar 23, 2020114Sep 2, 2020136
-33.43%Mar 20, 2002142Oct 9, 2002353Mar 5, 2004495
-26.06%Jul 8, 201161Oct 3, 2011313Jan 2, 2013374

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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