ProFunds UltraBull Fund Investor Class (ULPIX)
Fund Assets | 142.83M |
Expense Ratio | 1.53% |
Min. Investment | $15,000 |
Turnover | 217.00% |
Dividend (ttm) | 4.19 |
Dividend Yield | 2.90% |
Dividend Growth | n/a |
Payout Frequency | Annual |
Ex-Dividend Date | Dec 27, 2024 |
Previous Close | 144.67 |
YTD Return | 5.51% |
1-Year Return | 14.02% |
5-Year Return | 194.96% |
52-Week Low | 95.87 |
52-Week High | 151.18 |
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 14.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.49%.
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 assetsName | 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 |