5 4 1 1 5
Zacks Investment Research
1 (Strong Buy)
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 39.07 percent over the past year, 7.41 percent over the past three years, and -22.84 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||24.6%|
|3 Years (Annualized)||7.4%|
|5 Years (Annualized)||-22.8%|
|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 2.77 percent.
Risk is N/A compared to funds in the same category according to Morningstar.