ProFunds UltraNASDAQ-100 Fund (UOPIX)
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Nasdaq-100 Index. 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 | US7431858601 |
|---|---|
| CUSIP | 743185860 |
| Issuer | ProFunds |
| Inception Date | Nov 30, 1997 |
| Category | Leveraged Equities, Leveraged |
| Min. Investment | $15,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
UOPIX has a high expense ratio of 1.47%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: UOPIX vs. QLD, UOPIX vs. SMPIX, UOPIX vs. TQQQ, UOPIX vs. FSELX, UOPIX vs. SOXL, UOPIX vs. FXAIX, UOPIX vs. FSPGX, UOPIX vs. FSPTX, UOPIX vs. FSCSX, UOPIX vs. DXQLX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProFunds UltraNASDAQ-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 UltraNASDAQ-100 Fund had a return of 44.97% year-to-date (YTD) and 68.56% in the last 12 months. Over the past 10 years, ProFunds UltraNASDAQ-100 Fund had an annualized return of 23.33%, outperforming the S&P 500 benchmark which had an annualized return of 11.43%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 44.97% | 25.82% |
| 1 month | 7.71% | 3.20% |
| 6 months | 28.17% | 14.94% |
| 1 year | 68.56% | 35.92% |
| 5 years (annualized) | 22.46% | 14.22% |
| 10 years (annualized) | 23.33% | 11.43% |
Monthly Returns
The table below presents the monthly returns of UOPIX, 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 | 2.85% | 10.12% | 1.70% | -9.56% | 12.23% | 12.18% | -4.32% | 1.08% | 4.18% | -2.46% | 44.97% | ||
| 2023 | 21.21% | -1.73% | 18.79% | 0.30% | 15.04% | 12.39% | 6.99% | -3.93% | -10.53% | -4.97% | 21.74% | 10.63% | 115.97% |
| 2022 | -17.12% | -9.81% | 7.60% | -25.92% | -4.83% | -18.27% | 25.57% | -10.94% | -20.97% | 6.73% | 9.71% | -22.31% | -62.74% |
| 2021 | 0.03% | -0.68% | 1.95% | 11.68% | -2.84% | 12.77% | 5.40% | 8.36% | -18.59% | 16.02% | 3.32% | -4.49% | 31.92% |
| 2020 | 5.55% | -12.13% | -20.98% | 30.39% | 12.50% | 12.10% | 14.64% | 22.83% | -12.25% | -7.08% | 22.69% | -0.11% | 69.59% |
| 2019 | 17.99% | 5.55% | 7.57% | 10.79% | -16.46% | 15.17% | 4.19% | -4.71% | 1.17% | 8.31% | 7.96% | 1.69% | 70.56% |
| 2018 | 17.61% | -3.45% | -8.74% | 0.10% | 11.17% | 1.74% | 5.01% | 11.76% | -1.00% | -21.40% | -1.26% | -18.02% | -13.28% |
| 2017 | 10.34% | 8.63% | 3.77% | 5.26% | 7.48% | -5.20% | 8.04% | 3.58% | -0.70% | 8.89% | 3.71% | 0.72% | 68.58% |
| 2016 | -14.05% | -3.72% | 13.64% | -6.48% | 8.65% | -5.07% | 14.50% | 1.90% | 4.06% | -3.23% | 0.46% | 1.95% | 9.15% |
| 2015 | -4.51% | 14.70% | -5.04% | 3.49% | 4.27% | -5.12% | 8.74% | -13.82% | -4.99% | 23.35% | 0.82% | -3.56% | 13.72% |
| 2014 | -4.18% | 10.20% | -5.61% | -1.19% | 8.95% | 6.05% | 2.00% | 10.13% | -1.85% | 4.80% | 9.06% | -4.96% | 36.27% |
| 2013 | 5.02% | 0.56% | 5.85% | 4.64% | 6.76% | -5.01% | 12.68% | -0.97% | 9.43% | 9.86% | 6.89% | 5.77% | 79.94% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of UOPIX is 42, 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProFunds UltraNASDAQ-100 Fund (UOPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProFunds UltraNASDAQ-100 Fund provided a 0.40% dividend yield over the last twelve months, with an annual payout of $0.47 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.47 | $0.00 | $0.00 |
Dividend yield | 0.40% | 0.00% | 0.00% |
Monthly Dividends
The table displays the monthly dividend distributions for ProFunds UltraNASDAQ-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 | $0.47 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | |
| 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 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProFunds UltraNASDAQ-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 UltraNASDAQ-100 Fund was 98.91%, occurring on Mar 9, 2009. Recovery took 3114 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -98.91% | Mar 28, 2000 | 2243 | Mar 9, 2009 | 3114 | Jul 22, 2021 | 5357 |
| -67.88% | Nov 22, 2021 | 277 | Dec 28, 2022 | 379 | Jul 3, 2024 | 656 |
| -44.67% | Jul 21, 1998 | 58 | Oct 8, 1998 | 31 | Nov 20, 1998 | 89 |
| -26.25% | Jul 11, 2024 | 20 | Aug 7, 2024 | 65 | Nov 7, 2024 | 85 |
| -23.9% | Feb 2, 1999 | 21 | Mar 2, 1999 | 24 | Apr 5, 1999 | 45 |
Volatility
Volatility Chart
The current ProFunds UltraNASDAQ-100 Fund volatility is 10.33%, 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.