About UDPIX
ProFunds Ultra Dow 30 Fund Investor Class is a leveraged mutual fund designed to deliver twice the daily performance of the Dow Jones Industrial Average. Its primary function is to provide amplified exposure to the returns of the 30 large-cap blue-chip companies that comprise the Dow Jones index by targeting a 2x multiple, before fees and expenses, of the index’s daily movement. To achieve this, the fund invests in a variety of financial instruments, including equity securities, derivatives, and futures contracts, such as the E-Mini Dow futures, and allocates assets across sectors represented in the Dow, including technology, healthcare, financial services, consumer cyclicals, and industrials. This fund is classified within the leveraged equity category and is intended for investors seeking to capitalize on the daily fluctuations of the Dow Jones Industrial Average, making it particularly relevant for tactical trading strategies or short-term positioning. Its market significance lies in offering magnified daily index returns, serving as a tool for investors with a strong conviction in short-term market movements within the U.S. large-cap equity space.
Fund Family ProFunds
Category Trading--Leveraged Equity
Performance Rating Below Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol UDPIX
Share Class Investor Class
Index Dow Jones Industrial Daily Reinvested Avg TR
UDPIX had a total return of 19.82% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.69%.
