About CYPIX
The ProFunds Consumer Discretionary UltraSector Fund Investor Class is a leveraged mutual fund designed to deliver daily investment results equivalent to one and one-half times (1.5x) the performance of the S&P Consumer Discretionary Select Sector Index, before fees and expenses. This non-diversified fund primarily targets companies within the consumer discretionary sector, a market segment that includes businesses such as retailers, automotive manufacturers, restaurants, hotels, and leisure industries. Its portfolio commonly concentrates on large-cap and growth-oriented companies, with notable exposure to industry leaders such as Amazon.com, Tesla, Home Depot, McDonald’s, and Nike.
By employing leveraged strategies, the fund caters to active traders seeking amplified returns correlated to movements in the consumer discretionary sector, rather than long-term buy-and-hold investors. Its structure results in heightened volatility and exposure to the cyclical trends of consumer demand, economic shifts, and sector-specific risks. The fund plays a distinct role in the financial market as a tactical tool for those seeking to capitalize on short-term opportunities or hedge positions within the dynamic consumer discretionary landscape.
Fund Family ProFunds
Category Trading--Leveraged Equity
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol CYPIX
Share Class Investor Class
Index S&P 500 TR
CYPIX had a total return of 7.45% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.01%.