ProFunds UltraBull Fund Investor Class (ULPIX)
| Fund Assets | 158.82M |
| Expense Ratio | 1.53% |
| Min. Investment | $15,000 |
| Turnover | 217.00% |
| Dividend (ttm) | 4.19 |
| Dividend Yield | 2.87% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 153.14 |
| YTD Return | 11.03% |
| 1-Year Return | 23.29% |
| 5-Year Return | 186.24% |
| 52-Week Low | 95.87 |
| 52-Week High | 153.19 |
| Beta (5Y) | n/a |
| Holdings | 516 |
| Inception Date | Nov 28, 1997 |
About ULPIX
The ProFunds UltraBull Fund Investor Class is a leveraged mutual fund designed to deliver twice the daily performance of the S&P 500 Index, before fees and expenses. Its primary objective is to provide investors with amplified exposure to the large-cap U.S. equity market, making it suitable for those seeking enhanced daily returns associated with the S&P 500’s movements. To achieve its strategy, the fund invests in a combination of S&P 500 E-mini futures contracts, blue-chip technology stocks such as Apple, Microsoft, and NVIDIA, and cash equivalents, aiming for a 2x daily return on the index’s performance. Classified under the Trading—Leveraged Equity category, the fund plays a specialized role in the financial market, offering tools for tactical traders and investors who utilize short-term market strategies. The UltraBull Fund is recognized for its high turnover and relatively higher expense ratio reflective of its leveraged objective, and it does not target long-term compounding of returns beyond single-day periods.
Performance
ULPIX had a total return of 23.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.66%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| ULPSX | Service Class | 2.53% |
Top 10 Holdings
40.73% of assets| Name | Symbol | Weight |
|---|---|---|
| SOCIETE' GENERALE 4.23 , 5/01/2025 | n/a | 7.63% |
| HSBC SECURITIES (USA), INC. 4.28 , 5/01/2025 | n/a | 7.23% |
| Apple Inc. | AAPL | 4.96% |
| Microsoft Corporation | MSFT | 4.57% |
| NVIDIA Corporation | NVDA | 4.14% |
| CREDIT AGRICOLE CIB NY 4.24 , 5/01/2025 | n/a | 2.74% |
| Amazon.com, Inc. | AMZN | 2.70% |
| NATWEST MARKETS PLC 4.23 , 5/01/2025 | n/a | 2.63% |
| UMB FINANCIAL CORP. B 4.1 , 5/01/2025 | n/a | 2.17% |
| ROYAL BANK OF CANADA 4.15 , 5/01/2025 | n/a | 1.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $3.31772 | Dec 30, 2024 |
| Jul 2, 2024 | $0.87697 | Jul 3, 2024 |
| Jul 25, 2023 | $0.02209 | Jul 26, 2023 |
| Dec 20, 2022 | $7.07099 | Dec 21, 2022 |
| Sep 29, 2021 | $6.96831 | Sep 29, 2021 |
| Dec 30, 2020 | $0.40784 | Dec 30, 2020 |