2 / 5 Stars
4 5 1 4 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#4 in Trading-Leveraged Equity
U.S. News evaluated 45 Trading-Leveraged Equity 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 49.61 percent over the past year, 28.45 percent over the past three years, 33.12 percent over the past five years, and 6.80 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||12.5%|
|3 Years (Annualized)||28.4%|
|5 Years (Annualized)||33.1%|
|10 Years (Annualized)||6.8%|
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P 500®(the "index"). The fund invests in securities and derivatives that the adviser believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. It is a float-adjusted, market capitalization weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization and financial viability. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
ProFunds UltraBull Fund has an expense ratio of 1.69 percent.
Risk is High compared to funds in the same category according to Morningstar.