1 / 5 Stars
2 2 1 2 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
1 / 5 Stars
#29 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 43.81 percent over the past year, 13.82 percent over the past three years, 19.60 percent over the past five years, and -3.38 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||-19.3%|
|3 Years (Annualized)||13.8%|
|5 Years (Annualized)||19.6%|
|10 Years (Annualized)||-3.4%|
The investment seeks daily investment results, before fees and expenses that correspond to two times (2x) the daily performance of the Nikkei 225 Stock Average. The fund invests in derivatives that the adviser believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a modified price-weighted index of the 225 most actively traded and liquid Japanese companies listed in the First Section of the Tokyo Stock Exchange ("TSE"). The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
ProFunds UltraJapan Fund has an expense ratio of 1.77 percent.
Risk is High compared to funds in the same category according to Morningstar.