ProFunds UltraShort Emerging Market Fund Service Class (UVPSX)
| Fund Assets | 418.85K |
| Expense Ratio | 2.78% |
| Min. Investment | $5,000 |
| Turnover | 125.00% |
| Dividend (ttm) | 0.10 |
| Dividend Yield | 1.48% |
| Dividend Growth | -89.09% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 5.35 |
| YTD Return | -16.43% |
| 1-Year Return | -51.44% |
| 5-Year Return | -61.84% |
| 52-Week Low | 5.05 |
| 52-Week High | 15.48 |
| Beta (5Y) | -1.43 |
| Holdings | 10 |
| Inception Date | Apr 19, 2006 |
About UVPSX
ProFunds UltraShort Emerging Market Fund Service Class is a mutual fund designed to deliver leveraged inverse exposure to emerging market equities. Its primary function is to seek daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Emerging Markets 50 ADR Index. This structure means the fund aims to rise in value when the underlying index declines and vice versa, but only on a daily basis; performance can diverge from this objective over longer periods due to the effects of compounding and market volatility. The fund achieves its strategy through the use of financial derivatives such as swap agreements and futures contracts, providing sophisticated investors with tools for hedging or opportunistic trades in response to emerging market trends. As an inverse leveraged vehicle, it plays a specialized role in the financial market—enabling investors to hedge against or take tactical positions on negative movements in emerging market equities, particularly during periods of heightened volatility or economic uncertainty. Due to the complexity and risks associated with leverage and derivatives, this fund is typically suited for active investors with a deep understanding of short-term trading strategies and risk management.
Performance
UVPSX had a total return of -51.44% in the past year, including dividends. Since the fund's inception, the average annual return has been -28.61%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| UVPIX | Investor Class | 1.78% |
Top Holdings
94.73% of assets| Name | Symbol | Weight |
|---|---|---|
| HSBC SECURITIES (USA), INC. 4.02 , 11/03/2025 | n/a | 25.31% |
| SOCIETE' GENERALE 3.9 , 11/03/2025 | n/a | 23.28% |
| CREDIT AGRICOLE CIB NY 3.9 , 11/03/2025 | n/a | 12.48% |
| NATWEST MARKETS PLC TM 4 , 11/03/2025 | n/a | 12.48% |
| UMB FINANCIAL CORP. 3.82 , 11/03/2025 | n/a | 8.77% |
| ROYAL BANK OF CANADA 3.87 , 11/03/2025 | n/a | 7.09% |
| UVPIX_BKTEM_GOLDMAN | n/a | 3.94% |
| UVPIX_BKTEM_UBS | n/a | 2.65% |
| UVPIX_BKTEM_GOLDMAN | n/a | -0.07% |
| UVPIX_BKTEM_UBS | n/a | -1.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.09523 | Jan 2, 2025 |
| Dec 28, 2023 | $0.87264 | Dec 29, 2023 |
| Dec 27, 2007 | $109.720 | Dec 27, 2007 |
| Dec 28, 2006 | $133.866 | Dec 28, 2006 |