About UDPSX
ProFunds UltraDow 30 Fund Service Class is a leveraged mutual fund designed to provide daily investment results that correspond to twice (2x) the daily performance of the Dow Jones Industrial Average. This fund utilizes financial instruments and derivatives to amplify the daily returns of the underlying index, which is composed of 30 prominent large-cap U.S. stocks representative of a wide array of industries, excluding utilities and transportation companies. By seeking double the daily movement of these "blue-chip" stocks, the fund serves investors who aim for magnified exposure to established U.S. market leaders across sectors such as financial services, technology, consumer goods, and healthcare. The fund is non-diversified, meaning it concentrates its assets in fewer holdings than diversified funds, which can heighten both risk and return potential. ProFunds UltraDow 30 Fund Service Class plays a specialized role in the financial market, offering tools for tactical asset allocation, short-term trading, or strategies requiring leveraged exposure to the performance of the Dow Jones Industrial Average, with a focus on achieving its investment objective on a daily basis rather than over extended periods.
Fund Family ProFunds
Category Trading--Leveraged Equity
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol UDPSX
Share Class Service Class
Index Dow Jones Industrial Daily Reinvested Avg TR
UDPSX had a total return of 31.43% in the past year, including dividends.
Since the fund's inception, the average annual return has been 11.07%.
