Financials Ultrasector Profund Fund Quote
| FNPIX Fund | USD 45.58 0.74 1.65% |
Performance14 of 100
| Odds Of DistressLess than 16
|
Financials Ultrasector is trading at 45.58 as of the 24th of November 2024; that is 1.65 percent up since the beginning of the trading day. The fund's open price was 44.84. Financials Ultrasector has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Financials Ultrasector Profund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th 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 one of eleven SP Select Sector Indices, each designed to measure the performance of a sector of the SP 500. More on Financials Ultrasector Profund
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Financials Mutual Fund Highlights
| Thematic Idea | Money Funds (View all Themes) |
| Fund Concentration | ProFunds Funds, Large Blend Funds, Trading--Leveraged Equity Funds, Money Funds, Trading--Leveraged Equity, ProFunds, Large Blend, Trading--Leveraged Equity (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 30th of November 2022 |
| Fiscal Year End | July |
Financials Ultrasector Profund [FNPIX] is traded in USA and was established 24th of November 2024. Financials 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. The entity is thematically classified as Money Funds. This fund currently has accumulated 5.26 M in assets under management (AUM) with minimum initial investment of 15 K. Financials Ultrasector is currently producing year-to-date (YTD) return of 47.81% with the current yeild of 0.0%, while the total return for the last 3 years was 9.6%.
Check Financials 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 Financials 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 Financials 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 Financials 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 Financials Ultrasector Profund Mutual Fund Constituents
| AMT | American Tower Corp | Stock | Real Estate | |
| AXP | American Express | Stock | Financials | |
| BAC | Bank of America | Stock | Financials | |
| C | Citigroup | Stock | Financials | |
| CME | CME Group | Stock | Financials | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| MA | Mastercard | Stock | Financials | |
| V | Visa Class A | Stock | Financials |
Financials Ultrasector Risk Profiles
| Mean Deviation | 1.09 | |||
| Semi Deviation | 0.8763 | |||
| Standard Deviation | 1.64 | |||
| Variance | 2.69 |
Financials Ultrasector Against Markets
Other Information on Investing in Financials Mutual Fund
Financials Ultrasector financial ratios help investors to determine whether Financials 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 Financials with respect to the benefits of owning Financials Ultrasector security.
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