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Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
U.S. News evaluated 30 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 -6.28 percent over the past year, -4.27 percent over the past three years, and -31.23 percent over the past five years.
|Trailing Returns||Updated 03.31.2014|
|Year to date||0.8%|
|3 Years (Annualized)||-4.3%|
|5 Years (Annualized)||-31.2%|
|10 Years (Annualized)||N/A|
The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Bank of New York Emerging Markets 50 ADR Index. The fund invests in derivatives that the adviser believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is designed to track the performance of a basket of companies who have their primary equity listing on a stock exchange of an emerging market country and who also have depositary receipts that trade on a U.S. exchange or on the NASDAQ Stock Market. The fund is non-diversified.
Fees are Low compared to funds in the same category.
ProFunds Ultra Short Emerging Market Fund has an expense ratio of 1.77 percent.
Risk is N/A compared to funds in the same category according to Morningstar.