ProFunds Short Small Cap Svc (SHPSX)
| Fund Assets | 879.26K |
| Expense Ratio | 2.78% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 4.65 |
| Dividend Yield | 9.45% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 46.03 |
| YTD Return | -7.23% |
| 1-Year Return | -8.77% |
| 5-Year Return | -47.94% |
| 52-Week Low | 24.58 |
| 52-Week High | 62.98 |
| Beta (5Y) | -1.30 |
| Holdings | 9 |
| Inception Date | May 1, 2002 |
About SHPSX
ProFunds Short Small Cap Fund Service Class is an inverse equity mutual fund that aims to provide the daily performance of -1x the return of the Russell 2000 Index, before fees and expenses. By utilizing a combination of direct investments and derivatives, the fund is structured to move in the opposite direction of the small-cap segment of the U.S. equity market, which is represented by approximately 2,000 of the smallest companies in the Russell 3000 Index. This makes the fund particularly notable for its role in providing investors with a tool to hedge or potentially benefit from declines in small-cap equities. Since its inception in 2002, the fund has served institutional and individual investors seeking inverse exposure to diversified industries within the small-cap sector. Its structure and strategy make it a specialized instrument for portfolio risk management related to small-cap U.S. stocks.
Performance
SHPSX had a total return of -8.77% in the past year, including dividends. Since the fund's inception, the average annual return has been -14.30%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SHPIX | Investor Class | 1.78% |
Top 10 Holdings
91.75% of assets| Name | Symbol | Weight |
|---|---|---|
| SOCIETE' GENERALE 4.23 , 5/01/2025 | n/a | 28.46% |
| HSBC SECURITIES (USA), INC. 4.28 , 5/01/2025 | n/a | 26.88% |
| CREDIT AGRICOLE CIB NY 4.24 , 5/01/2025 | n/a | 10.12% |
| NATWEST MARKETS PLC 4.23 , 5/01/2025 | n/a | 9.80% |
| UMB FINANCIAL CORP. B 4.1 , 5/01/2025 | n/a | 9.33% |
| ROYAL BANK OF CANADA 4.15 , 5/01/2025 | n/a | 7.11% |
| SHPIX_RTY_UBS | n/a | 0.05% |
| SHPIX_RTY_GOLDMAN | n/a | 0.04% |
| SHPIX_RTY_GOLDMAN | n/a | -0.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 28, 2023 | $4.64941 | Dec 29, 2023 |
| Dec 27, 2007 | $14.860 | Dec 27, 2007 |