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Zacks Investment Research
Standard & Poor's
U.S. News evaluated 3 Trading-Inverse Commodities 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 12.26 percent over the past year, 12.06 percent over the past three years, and -8.49 percent over the past five years.
|Trailing Returns||Updated 03.31.2014|
|Year to date||-6.4%|
|3 Years (Annualized)||12.1%|
|5 Years (Annualized)||-8.5%|
|10 Years (Annualized)||N/A|
The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones Precious MetalsSM 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 measures the performance of the precious metals mining sector. The fund is non-diversified.
Fees are High compared to funds in the same category.
ProFunds Short Precious Metals Fund has an expense ratio of 1.77 percent.
Risk is N/A compared to funds in the same category according to Morningstar.