Profunds Ultrashort Nasdaq 100 Fund Quote
| USPSX Fund | USD 25.28 0.07 0.28% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Profunds Ultrashort is trading at 25.28 as of the 24th of November 2024; that is 0.28 percent down since the beginning of the trading day. The fund's open price was 25.35. Profunds Ultrashort has about a 22 % 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 Profunds Ultrashort Nasdaq 100 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 includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. More on Profunds Ultrashort Nasdaq 100
Moving together with Profunds Mutual Fund
Moving against Profunds Mutual Fund
Profunds Mutual Fund Highlights
| Fund Concentration | ProFunds Funds, Trading--Inverse Equity Funds, Trading--Inverse Equity, ProFunds (View all Sectors) |
| Update Date | 30th of September 2024 |
Profunds Ultrashort Nasdaq 100 [USPSX] is traded in USA and was established 24th of November 2024. Profunds Ultrashort 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 11.81 M in net assets with no minimum investment requirementsProfunds Ultrashort is currently producing year-to-date (YTD) return of 0.21% with the current yeild of 36.35%, while the total return for the last 3 years was -23.05%.
Check Profunds Ultrashort 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 Profunds 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 Profunds 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 Profunds Ultrashort Nasdaq 100 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.
Profunds Ultrashort Risk Profiles
| Mean Deviation | 1.57 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.96 | |||
| Risk Adjusted Performance | (0.05) |
Profunds Ultrashort Against Markets
Other Information on Investing in Profunds Mutual Fund
Profunds Ultrashort financial ratios help investors to determine whether Profunds 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 Profunds with respect to the benefits of owning Profunds Ultrashort security.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |