ProFunds Short Real Estate Fund Service Class (SRPSX)
| Fund Assets | 1.09M |
| Expense Ratio | 2.78% |
| Min. Investment | $5,000 |
| Turnover | 1,298.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 5.12% |
| Dividend Growth | 79.46% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 6.68 |
| YTD Return | -2.62% |
| 1-Year Return | -1.50% |
| 5-Year Return | -28.87% |
| 52-Week Low | 6.44 |
| 52-Week High | 7.49 |
| Beta (5Y) | -0.96 |
| Holdings | 10 |
| Inception Date | Sep 12, 2005 |
About SRPSX
ProFunds Short Real Estate Fund Service Class is an inverse mutual fund that seeks to deliver daily investment results, before fees and expenses, corresponding to the inverse (-1x) of the daily performance of the S&P Real Estate Select Sector Index. The primary function of this fund is to provide investors with a means to benefit from declines in the real estate sector, or to hedge exposure to real estate equities. It accomplishes its objective by investing in financial instruments that, combined, are designed to produce returns opposite to the index’s daily movement. This fund is notable for its focus on short-term inverse exposure, making it distinct from traditional long-only real estate funds. While its strategy can be used for tactical trading or risk management, it is designed for those seeking returns that are negatively correlated with the broader real estate sector’s daily fluctuations. Since its inception in 2005, the fund has offered a specialized tool for market participants managing sector-specific risks or pursuing bearish strategies within real estate.
Performance
SRPSX had a total return of -1.50% in the past year, including dividends. Since the fund's inception, the average annual return has been -14.15%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SRPIX | Investor Class | 1.78% |
Top 10 Holdings
99.27% of assets| Name | Symbol | Weight |
|---|---|---|
| SOCIETE' GENERALE 4.23 , 5/01/2025 | n/a | 31.64% |
| HSBC SECURITIES (USA), INC. 4.28 , 5/01/2025 | n/a | 29.96% |
| CREDIT AGRICOLE CIB NY 4.24 , 5/01/2025 | n/a | 11.27% |
| NATWEST MARKETS PLC 4.23 , 5/01/2025 | n/a | 10.78% |
| UMB FINANCIAL CORP. B 4.1 , 5/01/2025 | n/a | 9.59% |
| ROYAL BANK OF CANADA 4.15 , 5/01/2025 | n/a | 8.11% |
| SRPIX_IXRE_GOLDMAN | n/a | 0.14% |
| SRPIX_IXRE_UBS | n/a | 0.13% |
| SRPIX_IXRE_UBS | n/a | -1.17% |
| SRPIX_IXRE_GOLDMAN | n/a | -1.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.34194 | Jan 2, 2025 |
| Dec 28, 2023 | $0.19054 | Dec 29, 2023 |
| Sep 24, 2009 | $0.1175 | Sep 24, 2009 |
| Dec 23, 2008 | $9.6925 | Dec 23, 2008 |
| Dec 27, 2007 | $3.408 | Dec 27, 2007 |
| Dec 28, 2006 | $3.264 | Dec 28, 2006 |