ProFunds Short Precious Metals Fund Investor Class (SPPIX)
| Fund Assets | 8.80M |
| Expense Ratio | 1.78% |
| Min. Investment | $15,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 3.41% |
| Dividend Growth | -90.42% |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 6.42 |
| YTD Return | -38.61% |
| 1-Year Return | -31.63% |
| 5-Year Return | -53.52% |
| 52-Week Low | 6.34 |
| 52-Week High | 10.78 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Jan 9, 2006 |
About SPPIX
The ProFunds Short Precious Metals Fund Investor Class is a passively managed mutual fund designed to deliver the inverse of the daily performance of the Dow Jones U.S. Precious Metals Index. Its primary function is to offer investors exposure to the opposite of the performance of prominent U.S. precious metals companies, seeking daily investment results, before fees and expenses, that are -1x the return of the index. The fund achieves this by investing in financial instruments that ProFund Advisors believes, in combination, should provide the intended inverse outcome on a daily basis. This structure makes the fund a tool for investors looking for tactical opportunities to capitalize on declines in the precious metals sector. The fund plays a specialized role in the market, serving those who seek short exposure to companies involved in the exploration, mining, and production of precious metals such as gold and silver, without directly shorting individual stocks or using margin. Launched in 2006, it remains a niche product within the broader universe of inverse and sector-specific mutual funds.
Performance
SPPIX had a total return of -31.63% in the past year, including dividends. Since the fund's inception, the average annual return has been -16.22%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SPPSX | Service Class | 2.78% |
Top 10 Holdings
99.91% of assets| Name | Symbol | Weight |
|---|---|---|
| SOCIETE' GENERALE 4.23 , 5/01/2025 | n/a | 31.43% |
| HSBC SECURITIES (USA), INC. 4.28 , 5/01/2025 | n/a | 29.82% |
| CREDIT AGRICOLE CIB NY 4.24 , 5/01/2025 | n/a | 11.28% |
| NATWEST MARKETS PLC 4.23 , 5/01/2025 | n/a | 10.84% |
| UMB FINANCIAL CORP. B 4.1 , 5/01/2025 | n/a | 9.01% |
| ROYAL BANK OF CANADA 4.15 , 5/01/2025 | n/a | 8.11% |
| SPPIX_DJGSP_GOLDMAN | n/a | -0.00% |
| SPPIX_DJGSP_UBS | n/a | -0.01% |
| SPPIX_DJGSP_GOLDMAN | n/a | -0.27% |
| SPPIX_DJGSP_UBS | n/a | -0.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.22468 | Jan 2, 2025 |
| Dec 28, 2023 | $2.34493 | Dec 29, 2023 |
| Dec 30, 2019 | $0.27472 | Dec 30, 2019 |
| Dec 30, 2008 | $2.4512 | Dec 30, 2008 |
| Dec 27, 2007 | $13.776 | Dec 27, 2007 |
| Dec 28, 2006 | $2.97472 | Dec 28, 2006 |