- ISIN
- US74318X7600
- CUSIP
- 74318X760
- Issuer
- ProFunds
- Inception Date
- Oct 15, 2007
- Category
- Inverse Equities
- Min. Investment
- $15,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
Share Price Chart
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Performance
UFPIX Performance Chart
ProFunds UltraShort Latin America Fund (UFPIX) is down 33.9% since the beginning of the year. UFPIX is currently trading at $14 per share. Investors who bought $1,000 worth of UFPIX shares 5 years ago would now be looking at an investment worth $202.
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Returns By Period
ProFunds UltraShort Latin America Fund (UFPIX) has returned -33.93% so far this year and -57.35% over the past 12 months. Over the last ten years, UFPIX has returned -32.79% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
ProFunds UltraShort Latin America Fund
- 1D
- 0.44%
- 1M
- 10.02%
- YTD
- -33.93%
- 6M
- -34.44%
- 1Y
- -57.35%
- 3Y*
- -32.34%
- 5Y*
- -27.35%
- 10Y*
- -32.79%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
UFPIX Monthly Returns History
Based on dividend-adjusted daily data since Oct 16, 2007, UFPIX's average daily return is +0.08%, while the average monthly return is -1.85%.
Historically, 46% of months were positive and 54% were negative. The best month was Mar 2020 with a return of +54.0%, while the worst month was Nov 2020 at -41.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 9 months.
On a daily basis, UFPIX closed higher 47% of trading days. The best single day was Oct 15, 2024 with a return of +750.3%, while the worst single day was Oct 14, 2024 at -88.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -26.47% | -10.41% | -2.63% | -8.03% | 11.50% | 0.44% | -33.93% | ||||||
| 2025 | -12.82% | 1.78% | -10.08% | -5.37% | -5.46% | -8.59% | 5.24% | -11.62% | -5.60% | -8.14% | -11.19% | -2.31% | -54.35% |
| 2024 | 8.63% | 0.66% | -1.10% | 3.99% | 6.18% | 13.86% | -0.18% | -9.01% | -0.97% | 12.77% | 3.30% | 4.67% | 49.13% |
| 2023 | -18.68% | 14.50% | -2.28% | -0.44% | 1.02% | -21.56% | -8.12% | 13.45% | 5.13% | 6.90% | -22.52% | -12.95% | -43.28% |
| 2022 | -14.29% | -10.42% | -22.81% | 23.96% | -19.68% | 42.51% | -7.18% | -5.99% | 6.72% | -16.18% | -10.62% | 9.42% | -35.80% |
| 2021 | 14.89% | 1.66% | -14.90% | -12.18% | -16.98% | -11.44% | 8.79% | -2.14% | 20.80% | 10.79% | 2.30% | -14.53% | -20.05% |
Benchmark Metrics
ProFunds UltraShort Latin America Fund has an annualized alpha of 59.76%, beta of -2.42, and R2 of 0.07 versus S&P 500 Index. Calculated based on daily prices since October 17, 2007.
- This fund tended to rise when S&P 500 Index fell (downside capture of -247.38%), but participation in market rallies was also limited (-122.80%) - a profile typical of counter-cyclical assets.
- Beta of -2.42 may look defensive, but with R2 of 0.07 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 0.07 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.
- Alpha
- 59.76%
- Beta
- -2.42
- R²
- 0.07
- Upside Capture
- -122.80%
- Downside Capture
- -247.38%
Expense Ratio
UFPIX has a high expense ratio of 1.78%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
UFPIX ranks 0 for risk / return — in the bottom 0% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ProFunds UltraShort Latin America Fund (UFPIX) and compare them to S&P 500 Index.
| UFPIX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -1.44 | 2.39 | -3.83 |
Sortino ratioReturn per unit of downside risk | -2.60 | 3.25 | -5.86 |
Omega ratioGain probability vs. loss probability | 0.73 | 1.43 | -0.71 |
Calmar ratioReturn relative to maximum drawdown | -0.90 | 3.11 | -4.02 |
Martin ratioReturn relative to average drawdown | -1.48 | 14.38 | -15.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
ProFunds UltraShort Latin America Fund provided a 14.40% dividend yield over the last twelve months, with an annual payout of $1.98 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.98 | $1.98 | $0.00 | $0.88 | $0.00 | $0.00 | $0.00 | $0.70 |
Dividend yield | 14.40% | 9.52% | 0.00% | 2.64% | 0.00% | 0.00% | 0.00% | 0.36% |
Monthly Dividends
The table displays the monthly dividend distributions for ProFunds UltraShort Latin America 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $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 | $1.98 | $1.98 |
| 2024 | $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 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $0.88 |
| 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 |
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 UltraShort Latin America 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 UltraShort Latin America Fund was 99.98%, occurring on Oct 14, 2024. The portfolio has not yet recovered.
The current ProFunds UltraShort Latin America Fund drawdown is 99.94%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2024 bear market2024 | -99.98%Oct 2024 | 16y 5d | — | 17y 7moOct 2008 - now |
Financial crisis2007–2009 | -56.36%May 2008 | 7mo 1d | 3mo 22d | 10mo 23dOct 2007 - Sep 2008 |
Financial crisis2007–2009 | -32.45%Sep 2008 | 1d | 14d | 15dSep 2008 - Oct 2008 |
Financial crisis2007–2009 | -15.88%Sep 2008 | 2d | 5d | 7dSep 2008 - Sep 2008 |
Financial crisis2007–2009 | -6.50%Oct 2007 | 1d | 1d | 2dOct 2007 - Oct 2007 |
Drawdown Indicators
| UFPIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.98% | -56.78% | -43.20% |
Max Drawdown (1Y)Largest decline over 1 year | -64.09% | -9.10% | -54.99% |
Max Drawdown (3Y)Largest decline over 3 years | -90.23% | -18.90% | -71.33% |
Max Drawdown (5Y)Largest decline over 5 years | -95.34% | -25.43% | -69.91% |
Max Drawdown (10Y)Largest decline over 10 years | -99.39% | -33.92% | -65.47% |
Current DrawdownCurrent decline from peak | -99.94% | 0.00% | -99.94% |
Average DrawdownAverage peak-to-trough decline | -93.60% | -10.72% | -82.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.24% | 1.97% | +37.27% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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