ProFunds Short NASDAQ-100 Fund (SOPIX)
The fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization.
Fund Info
| ISIN | US74318A5700 |
|---|---|
| CUSIP | 74318A570 |
| Issuer | ProFunds |
| Inception Date | Apr 30, 2002 |
| Category | Inverse Equities, Leveraged |
| Min. Investment | $15,000 |
| Asset Class | Equity |
Expense Ratio
SOPIX 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: SOPIX vs. SPY, SOPIX vs. FXAIX, SOPIX vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProFunds Short NASDAQ-100 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 Short NASDAQ-100 Fund had a return of -7.51% year-to-date (YTD) and -22.71% in the last 12 months. Over the past 10 years, ProFunds Short NASDAQ-100 Fund had an annualized return of -19.23%, while the S&P 500 had an annualized return of 10.90%, indicating that ProFunds Short NASDAQ-100 Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -7.51% | 11.05% |
| 1 month | -4.03% | 4.86% |
| 6 months | -12.21% | 17.50% |
| 1 year | -22.71% | 27.37% |
| 5 years (annualized) | -21.03% | 13.14% |
| 10 years (annualized) | -19.23% | 10.90% |
Monthly Returns
The table below presents the monthly returns of SOPIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.32% | -4.79% | -0.72% | 5.23% | -7.51% | ||||||||
| 2023 | -9.04% | 0.26% | -8.42% | -0.07% | -6.75% | -5.42% | -3.16% | 2.03% | 5.80% | 2.49% | -9.34% | -4.67% | -31.85% |
| 2022 | 8.39% | 3.87% | -5.27% | 14.24% | 0.19% | 8.49% | -11.53% | 4.86% | 11.27% | -4.57% | -6.00% | 9.87% | 34.73% |
| 2021 | -1.23% | -0.24% | -2.09% | -5.91% | 0.65% | -6.24% | -1.92% | -4.34% | 5.63% | -7.62% | -3.00% | -2.32% | -25.69% |
| 2020 | -3.05% | 5.57% | 0.56% | -14.97% | -6.79% | -6.83% | -7.73% | -10.67% | 4.98% | 2.45% | -10.91% | -4.92% | -42.92% |
| 2019 | -8.73% | -2.73% | -3.78% | -4.94% | 8.87% | -7.17% | -2.22% | 1.56% | -0.71% | -4.15% | -3.90% | -3.77% | -28.29% |
| 2018 | -8.00% | 0.61% | 3.62% | -0.68% | -5.37% | -1.14% | -2.61% | -5.57% | 0.34% | 8.60% | -0.31% | 8.88% | -3.07% |
| 2017 | -5.01% | -4.25% | -2.14% | -2.66% | -3.85% | 2.34% | -4.08% | -1.96% | 0.09% | -4.42% | -2.09% | -0.46% | -25.24% |
| 2016 | 6.50% | 1.12% | -6.56% | 2.92% | -4.59% | 1.96% | -6.83% | -1.13% | -2.43% | 1.52% | -0.68% | -1.51% | -10.07% |
| 2015 | 1.50% | -7.32% | 2.05% | -2.28% | -2.62% | 2.11% | -4.36% | 5.76% | 1.19% | -10.42% | -0.94% | 0.95% | -14.49% |
| 2014 | 1.28% | -5.29% | 2.72% | -0.09% | -4.61% | -3.28% | -1.60% | -5.08% | 0.35% | -3.32% | -4.68% | 2.07% | -19.91% |
| 2013 | -3.28% | -1.54% | -2.66% | -2.89% | -3.97% | 2.24% | -6.24% | -0.36% | -5.05% | -5.13% | -3.41% | -3.11% | -30.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SOPIX is 0, indicating that it is in the bottom 0% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
SOPIX (ProFunds Short NASDAQ-100 Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProFunds Short NASDAQ-100 Fund (SOPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProFunds Short NASDAQ-100 Fund granted a 7.26% dividend yield in the last twelve months. The annual payout for that period amounted to $3.65 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $3.65 | $3.65 | $0.00 | $0.00 | $0.00 | $0.44 |
Dividend yield | 7.26% | 6.71% | 0.00% | 0.00% | 0.00% | 0.29% |
Monthly Dividends
The table displays the monthly dividend distributions for ProFunds Short NASDAQ-100 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $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 | $3.65 | $3.65 |
| 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 | $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 | $0.00 | $0.00 |
| 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 | $0.00 |
| 2019 | $0.44 | $0.44 |
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 Short NASDAQ-100 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 Short NASDAQ-100 Fund was 98.50%, occurring on May 15, 2024. The portfolio has not yet recovered.
The current ProFunds Short NASDAQ-100 Fund drawdown is 98.49%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -98.5% | Oct 8, 2002 | 5433 | May 15, 2024 | — | — | — |
| -18.33% | Aug 6, 2002 | 12 | Aug 21, 2002 | 31 | Oct 4, 2002 | 43 |
| -10.44% | May 13, 2002 | 5 | May 17, 2002 | 10 | Jun 3, 2002 | 15 |
| -9.49% | Jul 25, 2002 | 4 | Jul 30, 2002 | 4 | Aug 5, 2002 | 8 |
| -7.38% | Jul 3, 2002 | 9 | Jul 17, 2002 | 3 | Jul 22, 2002 | 12 |
Volatility
Volatility Chart
The current ProFunds Short NASDAQ-100 Fund volatility is 4.87%, 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.