ProFunds UltraBull Fund Service Class (ULPSX)
| Fund Assets | 142.83M |
| Expense Ratio | 2.53% |
| Min. Investment | $5,000 |
| Turnover | 217.00% |
| Dividend (ttm) | 3.38 |
| Dividend Yield | 3.68% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 103.64 |
| YTD Return | 4.19% |
| 1-Year Return | 11.68% |
| 5-Year Return | 177.57% |
| 52-Week Low | 70.06 |
| 52-Week High | 111.80 |
| Beta (5Y) | 2.09 |
| Holdings | 516 |
| Inception Date | Nov 28, 1997 |
About ULPSX
The ProFunds UltraBull Fund Service Class is a leveraged mutual fund designed to offer approximately twice (2x) the daily performance of the S&P 500 Index, before fees and expenses. Its primary function is to provide magnified exposure to the returns of large-cap U.S. equities, making it a specialized tool for investors seeking enhanced daily moves that are proportional to the S&P 500’s direction. The fund achieves this goal through a combination of derivatives and financial instruments, including equity index futures and swaps, and it resets its exposure on a daily basis. This daily rebalancing means that its long-term performance may diverge significantly from double the S&P 500’s cumulative return, especially in volatile markets, due to the effects of compounding and daily volatility. As a result, the UltraBull Fund plays a unique role in the financial market by catering to traders and investors using tactical or short-term strategies who wish to capitalize on short-term trends in the broader U.S. equity market. Launched in 1997, it is considered a high-risk, high-turnover product suitable for active portfolio management and strategies requiring leverage.
Performance
ULPSX had a total return of 11.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.13%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| ULPIX | Investor Class | 1.53% |
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 | $0.06434 | Jul 3, 2024 |
| Dec 20, 2022 | $7.07099 | Dec 21, 2022 |
| Sep 29, 2021 | $6.96831 | Sep 29, 2021 |
| Dec 21, 2020 | $10.16773 | Dec 22, 2020 |
| Oct 2, 2018 | $0.21921 | Oct 2, 2018 |