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Zacks Investment Research
Standard & Poor's
U.S. News evaluated 28 Bear Market Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -26.83 percent over the past year, -20.39 percent over the past three years, -23.82 percent over the past five years, and -12.26 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-25.6%|
|3 Years (Annualized)||-20.4%|
|5 Years (Annualized)||-23.8%|
|10 Years (Annualized)||-12.3%|
The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the NASDAQ-100® Index. The fund invests in derivatives that the adviser believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index, a modified market capitalization weighted index, includes 100 of the largest non-financial domestic and international issues listed on The NASDAQ Stock Market. The fund is non-diversified.
Fees are Low compared to funds in the same category.
ProFunds Short NASDAQ-100 Fund has an expense ratio of 1.77 percent.
Risk is N/A compared to funds in the same category according to Morningstar.