2 / 5 Stars
5 4 1 5 4
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#8 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 64.17 percent over the past year, 29.60 percent over the past three years, 48.85 percent over the past five years, and 10.55 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-4.2%|
|3 Years (Annualized)||29.6%|
|5 Years (Annualized)||48.8%|
|10 Years (Annualized)||10.5%|
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the NASDAQ-100 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. The index, a modified market capitalization index, includes 100 of the largest non-financial domestic and international issues listed on The NASDAQ Stock Market. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
ProFunds UltraNASDAQ-100 Fund has an expense ratio of 1.68 percent.
Risk is High compared to funds in the same category according to Morningstar.