ProFunds Rising Rates Opportunity Fund (RRPIX)

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

ProFunds Rising Rates Opportunity Fund (RRPIX) has returned 1.09% so far this year and 6.10% over the past 12 months. Over the last ten years, RRPIX has returned 1.10% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 2003, RRPIX's average daily return is +0.20%, while the average monthly return is -0.39%.

Historically, 47% of months were positive and 53% were negative. The best month was Jan 2009 with a return of +20.1%, while the worst month was Nov 2008 at -18.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 7 months.

On a daily basis, RRPIX closed higher 46% of trading days. The best single day was Jan 28, 2009 with a return of +728.2%, while the worst single day was Jan 27, 2009 at -87.9%.

ProFunds Rising Rates Opportunity Fund has an annualized alpha of 54.26%, beta of 0.59, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 03, 2003.

• This fund participated in 40.93% of S&P 500 Index downside but only -2.54% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.59 may look defensive, but with R² of 0.00 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 0.00 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

RRPIX has a high expense ratio of 1.52%, indicating above-average management fees.

RRPIX ranks 11 for risk / return — in the bottom 11% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for ProFunds Rising Rates Opportunity Fund (RRPIX) and compare them to a chosen benchmark (S&P 500 Index).

ProFunds Rising Rates Opportunity Fund provided a 3.46% dividend yield over the last twelve months, with an annual payout of $1.44 per share.

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

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.

The table below displays the maximum drawdowns of the ProFunds Rising Rates Opportunity 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 Rising Rates Opportunity Fund was 93.94%, occurring on Jul 13, 2010. The portfolio has not yet recovered.

The current ProFunds Rising Rates Opportunity Fund drawdown is 77.76%.

The chart below shows the rolling one-month volatility.