ProFunds Mid Cap Value Fund (MLPIX)
The investment seeks investment results, before fees and expenses, that track the performance of the S&P MidCap 400 Value Index (the "index"). The fund invests in financial instruments that ProFund Advisors believes, in combination, should track the performance of the index. The index is designed to provide a comprehensive measure of mid-cap U.S. equity value performance. It is an unmanaged float-adjusted, market capitalization weighted index comprising of stocks from the S&P MidCap 400 that have been identified as being on the value end of the growth-value spectrum as determined by S&P Dow Jones Indices LLC.
Fund Info
| ISIN | US74318Q8490 |
|---|---|
| CUSIP | 74318Q849 |
| Issuer | ProFunds |
| Inception Date | Sep 4, 2001 |
| Category | Mid Cap Value Equities |
| Min. Investment | $15,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
MLPIX has a high expense ratio of 1.78%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: MLPIX vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProFunds Mid Cap Value 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 Mid Cap Value Fund had a return of 0.79% year-to-date (YTD) and 15.42% in the last 12 months. Over the past 10 years, ProFunds Mid Cap Value Fund had an annualized return of 6.98%, while the S&P 500 had an annualized return of 10.71%, indicating that ProFunds Mid Cap Value Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.79% | 8.76% |
| 1 month | -0.31% | -0.32% |
| 6 months | 16.73% | 18.48% |
| 1 year | 15.42% | 25.36% |
| 5 years (annualized) | 7.89% | 12.60% |
| 10 years (annualized) | 6.98% | 10.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.24% | 1.79% | 5.30% | -6.19% | ||||||||
| 2023 | -5.98% | 9.32% | 9.97% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MLPIX is 33, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
MLPIX (ProFunds Mid Cap Value Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProFunds Mid Cap Value Fund (MLPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProFunds Mid Cap Value Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.89 | $0.17 | $0.31 | $2.47 | $8.25 | $0.42 | $0.00 | $3.23 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.89% | 0.22% | 0.40% | 3.92% | 10.95% | 0.56% | 0.00% | 4.83% |
Monthly Dividends
The table displays the monthly dividend distributions for ProFunds Mid Cap Value 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 | $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 | $0.00 |
| 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 | $0.89 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.47 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.25 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $3.23 |
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 Mid Cap Value 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 Value Fund was 60.11%, occurring on Mar 9, 2009. Recovery took 962 trading sessions.
The current ProFunds Mid Cap Value Fund drawdown is 2.82%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.11% | Jun 5, 2007 | 442 | Mar 9, 2009 | 962 | Jan 3, 2013 | 1404 |
| -45.96% | Jan 17, 2020 | 45 | Mar 23, 2020 | 186 | Dec 15, 2020 | 231 |
| -33.93% | Apr 18, 2002 | 121 | Oct 9, 2002 | 285 | Nov 26, 2003 | 406 |
| -23.09% | Aug 30, 2018 | 80 | Dec 24, 2018 | 247 | Dec 17, 2019 | 327 |
| -21.85% | Jun 24, 2015 | 145 | Jan 20, 2016 | 133 | Jul 29, 2016 | 278 |
Volatility
Volatility Chart
The current ProFunds Mid Cap Value Fund volatility is 4.60%, 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.