About CYPSX
The ProFunds Consumer Discretionary UltraSector Fund Service Class is a mutual fund designed to deliver leveraged exposure to the consumer discretionary sector of the U.S. equity market. Its primary objective is to seek daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of an index composed of consumer discretionary companies included in the S&P 500 Index. Targeting a non-diversified portfolio structure, the fund invests across a broad range of market capitalizations—from giant to small-cap firms—within the consumer discretionary space, which includes industries such as retail, automobiles, consumer services, media, and leisure products.
By employing financial instruments like derivatives, the fund aims to amplify the sector’s returns on a daily basis, making it particularly suitable for investors with a tactical, short-term approach who seek to capitalize on movements in consumer sentiment, economic cycles, and discretionary spending trends. Due to its leveraged nature and sector-focused strategy, the fund is generally used as a trading tool by active market participants, rather than as a core long-term holding. The ProFunds Consumer Discretionary UltraSector Fund Service Class plays a specialized role in the financial markets by providing efficient, magnified exposure to consumer discretionary equities, allowing for sector rotation strategies and hedging applications.
Fund Family ProFunds
Category Trading--Leveraged Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol CYPSX
Share Class Service Class
Index S&P 500 TR
CYPSX had a total return of -16.23% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.25%.
