Communication Services UltraSectorProSvc (WCPSX)
| Fund Assets | 31.44M |
| Expense Ratio | 2.78% |
| Min. Investment | $5,000 |
| Turnover | 395.00% |
| Dividend (ttm) | 0.00 |
| Dividend Yield | 0.01% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 45.84 |
| YTD Return | 26.34% |
| 1-Year Return | 19.68% |
| 5-Year Return | -55.51% |
| 52-Week Low | 30.52 |
| 52-Week High | 48.37 |
| Beta (5Y) | n/a |
| Holdings | 35 |
| Inception Date | Jun 19, 2000 |
About WCPSX
The Communication Services UltraSector ProFund Service Class is a leveraged mutual fund designed to deliver daily investment results equaling one and one-half times (1.5x) the daily performance of the S&P Communication Services Select Sector Index, before fees and expenses. This fund primarily targets the communication services sector, which includes industries such as telecom, media, entertainment, and internet service providers. By employing financial instruments and derivatives, the fund seeks to amplify the sector’s daily movements, making it a specialized tool for those aiming to closely track or gain amplified exposure to this segment of the market over short periods. As a non-diversified fund, it concentrates its holdings within a specific sector, resulting in higher volatility and sector-specific risk compared to more broadly diversified funds. The fund’s leveraged approach makes its returns particularly sensitive to daily index changes, which can lead to significant compounding effects over time, especially in volatile markets. Communication Services UltraSector ProFund Service Class plays a distinctive role by providing sophisticated investors and market participants with a vehicle for short-term, amplified exposure to the communication services sector, aligning with tactical trading and hedging strategies in the broader financial market.
Performance
WCPSX had a total return of 19.68% in the past year, including dividends. Since the fund's inception, the average annual return has been -10.34%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| WCPIX | Investor Class | 1.78% |
Top 10 Holdings
63.27% of assets| Name | Symbol | Weight |
|---|---|---|
| Meta Platforms, Inc. | META | 14.73% |
| Alphabet, Inc. | GOOGL | 7.89% |
| SOCIETE' GENERALE 4.22 , 8/01/2025 | n/a | 6.93% |
| HSBC SECURITIES (USA), INC. 4.25 , 8/01/2025 | n/a | 6.93% |
| Alphabet Inc. | GOOG | 6.40% |
| Netflix, Inc. | NFLX | 5.69% |
| UMB FINANCIAL CORP. 4.09 , 8/01/2025 | n/a | 4.76% |
| Electronic Arts Inc. | EA | 3.35% |
| T-Mobile US, Inc. | TMUS | 3.35% |
| The Walt Disney Company | DIS | 3.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.00465 | Dec 30, 2024 |
| Dec 30, 2019 | $1.79829 | Dec 30, 2019 |
| Dec 29, 2005 | $3.274 | Dec 29, 2005 |