ProFunds Rising U.S. Dollar Fund Investor Class (RDPIX)
| Fund Assets | 7.98M |
| Expense Ratio | 1.78% |
| Min. Investment | $15,000 |
| Turnover | 1,297.00% |
| Dividend (ttm) | 0.91 |
| Dividend Yield | 3.13% |
| Dividend Growth | -33.94% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 29.03 |
| YTD Return | -8.11% |
| 1-Year Return | -2.58% |
| 5-Year Return | 10.13% |
| 52-Week Low | 28.43 |
| 52-Week High | 32.17 |
| Beta (5Y) | n/a |
| Holdings | 48 |
| Inception Date | Feb 17, 2005 |
About RDPIX
ProFunds Rising U.S. Dollar Fund Investor Class is a mutual fund focused on delivering daily investment results that correspond to the performance of the U.S. Dollar Index. The primary purpose of this fund is to provide exposure to movements in the value of the U.S. dollar relative to a basket of major foreign currencies. By employing financial instruments such as derivatives and forward contracts, the fund aims to capture gains when the U.S. dollar strengthens against other major currencies. This makes it a specialized tool for investors seeking to express a specific view on currency markets or to hedge currency risk in a diversified portfolio. The fund is particularly notable for its alternative currency strategy and relatively high expense ratio, with assets under management totaling approximately $9.7 million and a minimum investment requirement of $15,000. Annual dividends are distributed, providing an element of income in addition to potential capital appreciation. Since its inception in 2005, this fund has offered a unique option for those with exposure or sensitivity to fluctuations in the global currency markets.
Performance
RDPIX had a total return of -2.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.12%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RDPSX | Service Class | 2.78% |
Top 10 Holdings
96.51% of assets| Name | Symbol | Weight |
|---|---|---|
| SOCIETE' GENERALE 4.23 , 5/01/2025 | n/a | 30.16% |
| HSBC SECURITIES (USA), INC. 4.28 , 5/01/2025 | n/a | 28.60% |
| CREDIT AGRICOLE CIB NY 4.24 , 5/01/2025 | n/a | 10.82% |
| NATWEST MARKETS PLC 4.23 , 5/01/2025 | n/a | 10.39% |
| UMB FINANCIAL CORP. B 4.1 , 5/01/2025 | n/a | 8.65% |
| ROYAL BANK OF CANADA 4.15 , 5/01/2025 | n/a | 7.80% |
| Currency Forward | n/a | 0.06% |
| Currency Forward | n/a | 0.02% |
| Currency Forward | n/a | 0.01% |
| Currency Forward | n/a | 0.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.90921 | Jan 2, 2025 |
| Dec 28, 2023 | $1.37625 | Dec 29, 2023 |
| Dec 20, 2022 | $0.65661 | Dec 21, 2022 |
| Dec 30, 2019 | $0.07798 | Dec 30, 2019 |
| Dec 27, 2018 | $0.12034 | Dec 27, 2018 |
| Sep 24, 2009 | $0.1113 | Sep 24, 2009 |