Basic Materials Ultrasector Fund Quote
| BMPIX Fund | USD 120.49 0.13 0.11% |
Performance1 of 100
| Odds Of DistressLess than 23
|
Basic Materials is trading at 120.49 as of the 27th of November 2024; that is 0.11 percent down since the beginning of the trading day. The fund's open price was 120.62. Basic Materials has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Basic Materials Ultrasector are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of May 2024 and ending today, the 27th 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 is constructed and maintained by SP Dow Jones Indices LLC. The index represents the materials sector of the SP 500 Index. More on Basic Materials Ultrasector
Moving against Basic Mutual Fund
Basic Mutual Fund Highlights
| Fund Concentration | ProFunds Funds, Large Blend Funds, Trading--Leveraged Equity Funds, Trading--Leveraged Equity, ProFunds (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 30th of November 2022 |
| Fiscal Year End | July |
Basic Materials Ultrasector [BMPIX] is traded in USA and was established 27th of November 2024. Basic Materials 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 5.93 M in assets under management (AUM) with minimum initial investment of 15 K. Basic Materials Ultr is currently producing year-to-date (YTD) return of 11.87% with the current yeild of 0.01%, while the total return for the last 3 years was 3.84%.
Check Basic Materials 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 Basic 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 Basic 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 Basic Materials Ultrasector 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 Basic Materials Ultrasector Mutual Fund Constituents
| IFF | International Flavors Fragrances | Stock | Materials | |
| APD | Air Products and | Stock | Materials | |
| CTVA | Corteva | Stock | Materials | |
| DD | Dupont De Nemours | Stock | Materials | |
| DOW | Dow Inc | Stock | Materials | |
| ECL | Ecolab Inc | Stock | Materials | |
| FCX | Freeport McMoran Copper Gold | Stock | Materials | |
| LIN | Linde plc Ordinary | Stock | Materials |
Basic Materials Ultr Risk Profiles
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.26 | |||
| Standard Deviation | 1.26 | |||
| Variance | 1.58 |
Basic Materials Against Markets
Other Information on Investing in Basic Mutual Fund
Basic Materials financial ratios help investors to determine whether Basic 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 Basic with respect to the benefits of owning Basic Materials security.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |