Biotechnology Ultrasector Profund Fund Quote
| BIPSX Fund | USD 40.76 1.22 3.09% |
Performance0 of 100
| Odds Of DistressLess than 21
|
Biotechnology Ultrasector is trading at 40.76 as of the 25th of November 2024; that is 3.09 percent up since the beginning of the trading day. The fund's open price was 39.54. Biotechnology Ultrasector has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Biotechnology Ultrasector Profund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of February 2024 and ending today, the 25th of November 2024. Click here to learn more.
The fund invests in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index represents the biotechnology segment of the SP Total Market Index, which comprises the following sub-industry biotechnology. More on Biotechnology Ultrasector Profund
Moving against Biotechnology Mutual Fund
Biotechnology Mutual Fund Highlights
| Fund Concentration | ProFunds Funds, Large Funds, Trading--Leveraged Equity Funds, Trading--Leveraged Equity, ProFunds (View all Sectors) |
| Update Date | 30th of September 2024 |
Biotechnology Ultrasector Profund [BIPSX] is traded in USA and was established 25th of November 2024. Biotechnology Ultrasector is listed under ProFunds category by Fama And French industry classification. The fund is listed under Trading--Leveraged Equity category and is part of ProFunds family. This fund currently has accumulated 303.16 M in assets under management (AUM) with no minimum investment requirementsBiotechnology Ultrasector is currently producing year-to-date (YTD) return of 16.98%, while the total return for the last 3 years was -1.02%.
Check Biotechnology Ultrasector Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Biotechnology Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Biotechnology Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Biotechnology Ultrasector Profund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Biotechnology Ultrasector Profund Mutual Fund Constituents
| BMRN | Biomarin Pharmaceutical | Stock | Health Care | |
| A | Agilent Technologies | Stock | Health Care | |
| ABBV | AbbVie Inc | Stock | Health Care | |
| AMGN | Amgen Inc | Stock | Health Care | |
| BIIB | Biogen Inc | Stock | Health Care | |
| DHR | Danaher | Stock | Health Care | |
| GILD | Gilead Sciences | Stock | Health Care | |
| HZNP | Horizon Pharma PLC | Stock | Health Care |
Biotechnology Ultrasector Risk Profiles
| Mean Deviation | 1.47 | |||
| Standard Deviation | 2.05 | |||
| Variance | 4.22 | |||
| Risk Adjusted Performance | (0.03) |
Biotechnology Ultrasector Against Markets
Other Information on Investing in Biotechnology Mutual Fund
Biotechnology Ultrasector financial ratios help investors to determine whether Biotechnology Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Biotechnology with respect to the benefits of owning Biotechnology Ultrasector security.
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