ProFunds Bear Svc (BRPSX)
| Fund Assets | 7.44M |
| Expense Ratio | 2.78% |
| Min. Investment | $5,000 |
| Turnover | 1,297.00% |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 7.91% |
| Dividend Growth | 25.55% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 8.54 |
| YTD Return | -11.82% |
| 1-Year Return | -12.09% |
| 5-Year Return | -50.76% |
| 52-Week Low | 8.51 |
| 52-Week High | 11.47 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Dec 31, 1997 |
About BRPSX
ProFunds Bear Service Class is an inverse mutual fund designed to provide daily returns that correspond to the inverse (-1x) of the daily performance of the S&P 500 Index. Unlike traditional equity funds, this fund primarily invests in financial instruments such as swap agreements and futures contracts, allowing it to achieve negative exposure to the movements of the S&P 500 rather than holding the underlying equities directly. Its primary function is to offer investors a way to profit from, or hedge against, declines in the broad U.S. equity market. The fund’s holdings are allocated across various derivatives and are actively managed to maintain its inverse correlation on a daily basis. This structure positions it as a tactical tool for short-term market strategies, especially among investors or institutions seeking to offset losses during periods of market downturns. ProFunds Bear Service Class plays a distinctive role within the financial markets by enabling directional bets against major U.S. large-cap stocks, and is most relevant for sophisticated users with a clear understanding of inverse daily performance and associated risks, including the effects of daily compounding and potential for performance drift over longer periods.
Performance
BRPSX had a total return of -12.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.02%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BRPIX | Investor Class | 1.78% |
Top 10 Holdings
99.95% of assets| Name | Symbol | Weight |
|---|---|---|
| HSBC SECURITIES (USA), INC. 4.25 , 8/01/2025 | n/a | 26.34% |
| SOCIETE' GENERALE 4.22 , 8/01/2025 | n/a | 26.34% |
| UMB FINANCIAL CORP. 4.09 , 8/01/2025 | n/a | 18.01% |
| NATWEST MARKETS PLC 4.22 , 8/01/2025 | n/a | 10.97% |
| CREDIT AGRICOLE CIB NY 4.23 , 8/01/2025 | n/a | 10.97% |
| ROYAL BANK OF CANADA 4.14 , 8/01/2025 | n/a | 6.58% |
| BRPIX_SPX_GOLDMAN | n/a | 0.73% |
| BRPIX_SPX_UBS | n/a | 0.07% |
| CHICAGO MERCANTILE EXCHANGE - CME E-Mini Standard & Poor's 500 Index Future | ESU5.INDEX | -0.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.67885 | Jan 2, 2025 |
| Dec 28, 2023 | $0.5407 | Dec 29, 2023 |
| Dec 23, 2008 | $9.3027 | Dec 23, 2008 |
| Dec 27, 2007 | $0.405 | Dec 27, 2007 |
| Dec 28, 2000 | $9.305 | Dec 28, 2000 |