Short Small Cap Profund Fund Quote
| SHPSX Fund | USD 45.21 1.49 3.19% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Short Small is trading at 45.21 as of the 26th of November 2024; that is 3.19 percent down since the beginning of the trading day. The fund's open price was 46.7. Short Small has about a 23 % 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 Short Small Cap Profund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2024 and ending today, the 26th of November 2024. Click here to learn more.
The fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. It is a market capitalization-weighted index containing approximately 2000 of the smallest companies in the Russell 3000 Index, or approximately 10 percent of the total market capitalization of the Russell 3000 Index, which in turn represents approximately 97 percent of the U.S. More on Short Small Cap Profund
Moving together with Short Mutual Fund
Moving against Short Mutual Fund
Short Mutual Fund Highlights
| Fund Concentration | ProFunds Funds, Trading--Inverse Equity Funds, Trading--Inverse Equity, ProFunds (View all Sectors) |
| Update Date | 30th of September 2024 |
Short Small Cap Profund [SHPSX] is traded in USA and was established 26th of November 2024. Short Small is listed under ProFunds category by Fama And French industry classification. The fund is listed under Trading--Inverse Equity category and is part of ProFunds family. This fund at this time has accumulated 1.93 M in assets with no minimum investment requirementsShort Small Cap is currently producing year-to-date (YTD) return of 0.26% with the current yeild of 0.5%, while the total return for the last 3 years was -4.65%.
Check Short Small 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 Short 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 Short 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 Short Small Cap 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.
Short Small Cap Risk Profiles
| Mean Deviation | 0.9254 | |||
| Standard Deviation | 1.34 | |||
| Variance | 1.78 | |||
| Risk Adjusted Performance | (0.07) |
Short Small Against Markets
Other Information on Investing in Short Mutual Fund
Short Small financial ratios help investors to determine whether Short 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 Short with respect to the benefits of owning Short Small security.
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