- ISIN
- US74318A3721
- CUSIP
- 74318A372
- Issuer
- ProFunds
- Inception Date
- Jul 21, 2004
- Category
- Inverse Equities
- Min. Investment
- $15,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
Share Price Chart
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Performance
UWPIX Performance Chart
ProFunds UltraShort Dow 30 Fund (UWPIX) is down 13.2% since the beginning of the year. UWPIX is currently trading at $8 per share. Investors who bought $1,000 worth of UWPIX shares 5 years ago would now be looking at an investment worth $362.
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Returns By Period
ProFunds UltraShort Dow 30 Fund (UWPIX) has returned -13.21% so far this year and -31.43% over the past 12 months. Over the last ten years, UWPIX has returned -26.10% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
ProFunds UltraShort Dow 30 Fund
- 1D
- -0.26%
- 1M
- -4.00%
- YTD
- -13.21%
- 6M
- -11.90%
- 1Y
- -31.43%
- 3Y*
- -23.16%
- 5Y*
- -18.39%
- 10Y*
- -26.10%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
UWPIX Monthly Returns History
Based on dividend-adjusted daily data since Jul 22, 2004, UWPIX's average daily return is +0.34%, while the average monthly return is +7.29%. At this rate, an investment would double in approximately 0.8 years.
Historically, 33% of months were positive and 67% were negative. The best month was Jan 2005 with a return of +2,432.4%, while the worst month was Oct 2022 at -23.8%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 10 months.
On a daily basis, UWPIX closed higher 44% of trading days. The best single day was Jan 3, 2005 with a return of +2,324.8%, while the worst single day was Mar 24, 2020 at -22.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.05% | -0.47% | 11.46% | -12.80% | -5.17% | -2.41% | -13.21% | ||||||
| 2025 | -8.34% | 3.51% | 8.88% | 0.88% | -7.53% | -7.80% | 0.46% | -5.92% | -3.05% | -4.36% | -0.64% | -1.10% | -23.48% |
| 2024 | -1.44% | -3.92% | -3.46% | 11.60% | -4.11% | -1.47% | -7.54% | -3.45% | -2.89% | 3.45% | -13.55% | 6.04% | -20.75% |
| 2023 | -5.16% | 9.01% | -3.68% | -4.29% | 7.60% | -8.03% | -5.64% | 5.27% | 8.23% | 3.49% | -15.34% | -8.34% | -18.56% |
| 2022 | 6.24% | 6.03% | -5.73% | 9.30% | -2.09% | 13.26% | -12.69% | 7.51% | 19.14% | -23.81% | -11.42% | 9.03% | 5.91% |
| 2021 | 3.49% | -6.88% | -12.89% | -5.64% | -4.72% | -0.47% | -3.13% | -3.28% | 8.40% | -11.25% | 6.83% | -10.83% | -35.49% |
Benchmark Metrics
ProFunds UltraShort Dow 30 Fund has an annualized alpha of 191.50%, beta of -2.02, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since July 22, 2004.
- This fund tended to rise when S&P 500 Index fell (downside capture of -523.91%), but participation in market rallies was also limited (-116.93%) - a profile typical of counter-cyclical assets.
- Beta of -2.02 may look defensive, but with R2 of 0.01 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 0.01 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
- 191.50%
- Beta
- -2.02
- R²
- 0.01
- Upside Capture
- -116.93%
- Downside Capture
- -523.91%
Expense Ratio
UWPIX has a high expense ratio of 1.78%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
UWPIX 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 Dow 30 Fund (UWPIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UWPIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.30 | ||
| Sortino ratioReturn per unit of downside risk | -4.58 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.37 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.97 | 2.78 | -3.76 |
| Martin ratioReturn relative to average drawdown | -1.59 | 12.44 | -14.03 |
Dividends
Dividend History
ProFunds UltraShort Dow 30 Fund provided a 5.20% dividend yield over the last twelve months, with an annual payout of $0.40 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.40 | $0.00 | $0.35 | $0.00 | $0.00 | $0.00 | $0.18 |
Dividend yield | 5.20% | 4.51% | 0.00% | 2.28% | 0.00% | 0.00% | 0.00% | 0.35% |
Monthly Dividends
The table displays the monthly dividend distributions for ProFunds UltraShort Dow 30 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 | $0.40 | $0.40 |
| 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 | $0.35 | $0.35 |
| 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 Dow 30 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 Dow 30 Fund was 99.78%, occurring on Jun 16, 2026. The portfolio has not yet recovered.
The current ProFunds UltraShort Dow 30 Fund drawdown is 99.78%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -99.78%Jun 2026 | 17y 3mo | — | 17y 3moMar 2009 - now |
Financial crisis2007–2009 | -48.88%Oct 2007 | 2y 5mo | 1y 1d | 3y 5moApr 2005 - Oct 2008 |
Financial crisis2007–2009 | -36.82%Jan 2009 | 1mo 12d | 1mo 29d | 3mo 11dNov 2008 - Mar 2009 |
Financial crisis2007–2009 | -31.38%Nov 2008 | 7d | 16d | 23dOct 2008 - Nov 2008 |
Financial crisis2007–2009 | -21.03%Oct 2008 | 0s | 14d | 14dOct 2008 - Oct 2008 |
Drawdown Indicators
| UWPIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.78% | -56.78% | -43.00% |
Max Drawdown (1Y)Largest decline over 1 year | -31.48% | -9.10% | -22.38% |
Max Drawdown (3Y)Largest decline over 3 years | -61.34% | -18.90% | -42.44% |
Max Drawdown (5Y)Largest decline over 5 years | -68.99% | -25.43% | -43.56% |
Max Drawdown (10Y)Largest decline over 10 years | -95.56% | -33.92% | -61.64% |
Current DrawdownCurrent decline from peak | -99.78% | -1.80% | -97.98% |
Average DrawdownAverage peak-to-trough decline | -77.68% | -10.71% | -66.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.02% | 2.03% | +17.99% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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