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Trending ETFs

RISING RATES OPPORTUNITY PROFUND

mutual fund
RRPIX
Payout Change
Pending
Price as of:
$40.16 +0.32 +0.8%
primary theme
Inverse Bond
share class
RRPIX (Mutual Fund)

RISING RATES OPPORTUNITY PROFUND

Payout Change
Pending
Price as of:
$40.16 +0.32 +0.8%
primary theme
Inverse Bond
share class
RRPIX (Mutual Fund)

RISING RATES OPPORTUNITY PROFUND

Payout Change
Pending
Price as of:
$40.16 +0.32 +0.8%
primary theme
Inverse Bond
share class

Name

As of 10/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$40.16

$14.1 M

4.63%

$1.84

1.61%

Vitals

YTD Return

6.7%

1 yr return

-12.1%

3 Yr Avg Return

16.4%

5 Yr Avg Return

6.4%

Net Assets

$14.1 M

Holdings in Top 10

100.0%

52 WEEK LOW AND HIGH

$39.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.61%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$15,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$40.16

$14.1 M

4.63%

$1.84

1.61%

RRPIX - Profile

Distributions

  • YTD Total Return 6.7%
  • 3 Yr Annualized Total Return 16.4%
  • 5 Yr Annualized Total Return 6.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.68%
DIVIDENDS
  • Dividend Yield 4.6%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    RISING RATES OPPORTUNITY PROFUND
  • Fund Family Name
    ProFunds
  • Inception Date
    May 01, 2002
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Alexander Ilyasov

Fund Description

The Fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the Daily Target.The Fund will invest principally in the financial instruments listed below.Derivatives — Financial instruments whose value is derived from the value of an underlying asset or rate, such as stocks, bonds, ETFs, interest rates or indexes. These derivatives principally include:Swap Agreements — Contracts entered into primarily with major global financial institutions for a specified period ranging from a day to more than one year. In a standard swap transaction, two parties agree to exchange or “swap” payments based on the change in value of an underlying asset or benchmark. For example, two parties may agree to exchange the return (or differentials in rates of returns) earned or realized on a particular investment or instrument.Money Market Instruments — The Fund expects that any cash balances maintained in connection with its use of derivatives will typically be held in high quality, short-term money market instruments, for example:U.S. Treasury Bills — U.S. government securities that have initial maturities of one year or less, and are supported by the full faith and credit of the U.S. government.Repurchase Agreements — Contracts in which a seller of securities, usually U.S. government securities or other money market instruments, agrees to buy the securities back at a specified time and price.ProFund Advisors uses a mathematical approach to investing in which it determines the type, quantity and mix of investment positions that it believes, in combination, the Fund should hold to produce daily returns consistent with the Daily Target. For these purposes a day is measured from the time of one net asset value (“NAV”) calculation to the next.The Fund seeks to remain fully invested at all times in financial instruments that, in combination, provide inverse leveraged exposure consistent with the investment objective, without regard to market conditions, trends or direction. However, the Fund may invest in or gain exposure to only a representative sample of the securities in the Long Bond or to securities not contained in the Long Bond or in financial instruments, with the intent of obtaining inverse leveraged exposure consistent with the investment objective.The Fund seeks to rebalance its portfolio each day so that its exposure to the Long Bond is consistent with the Daily Target. The Long Bond’s movements during the day will affect whether the Fund’s portfolio needs to be rebalanced. For example, if the Long Bond has risen on a given day, net assets of the Fund should fall (assuming there were no shares issued). As a result, the Fund’s exposure will need to be decreased. Conversely, if the Long Bond has fallen on a given day, net assets of the Fund should rise (assuming there were no share redemptions). As a result, the Fund’s exposure will need to be increased.Please see “Investment Objectives, Principal Investment Strategies and Related Risks” in the Fund’s Prospectus for additional details.
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RRPIX - Performance

Return Ranking - Trailing

Period RRPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.7% -4.7% 11.2% 27.27%
1 Yr -12.1% -42.8% -2.6% 72.73%
3 Yr 16.4%* -2.2% 28.0% 22.73%
5 Yr 6.4%* -4.3% 7.8% 36.36%
10 Yr -2.0%* -10.6% 0.1% 52.38%

* Annualized

Return Ranking - Calendar

Period RRPIX Return Category Return Low Category Return High Rank in Category (%)
2023 -2.4% -20.8% 3.3% 40.91%
2022 56.6% 6.9% 150.2% 22.73%
2021 0.7% -7.1% 7.5% 59.09%
2020 -26.8% -54.3% -6.6% 77.27%
2019 -18.4% -36.0% -6.6% 80.95%

Total Return Ranking - Trailing

Period RRPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.7% -4.7% 11.2% 27.27%
1 Yr -12.1% -42.8% -2.6% 72.73%
3 Yr 16.4%* -2.2% 28.0% 22.73%
5 Yr 6.4%* -4.3% 7.8% 36.36%
10 Yr -2.0%* -10.6% 0.1% 52.38%

* Annualized

Total Return Ranking - Calendar

Period RRPIX Return Category Return Low Category Return High Rank in Category (%)
2023 2.4% -20.0% 4.6% 50.00%
2022 56.6% 6.9% 150.2% 22.73%
2021 0.7% -6.7% 7.5% 59.09%
2020 -26.8% -54.1% -5.9% 77.27%
2019 -17.4% -34.9% -5.2% 76.19%

NAV & Total Return History


RRPIX - Holdings

Concentration Analysis

RRPIX Category Low Category High RRPIX % Rank
Net Assets 14.1 M 915 K 324 M 63.64%
Number of Holdings 8 4 17 68.18%
Net Assets in Top 10 8.97 M 27.3 K 377 M 63.64%
Weighting of Top 10 99.99% 7.0% 112.4% 31.82%

Top 10 Holdings

  1. SOCIETE GENERALE 23.30%
  2. HSBC SECURITIES USA INC 22.26%
  3. Natwest Markets PLC 20.71%
  4. CREDIT AGRICOLE CIB NY 20.71%
  5. ROYAL BANK OF CANADA 10.36%
  6. UMB FINANCIAL CORP 5.11%
  7. TOTAL RETURN SWAP AGREEMENT BASED ON THE CURRENT 30-YEAR U.S. TREASURY BOND -1.17%
  8. TOTAL RETURN SWAP AGREEMENT BASED ON THE CURRENT 30-YEAR U.S. TREASURY BOND -1.29%

Asset Allocation

Weighting Return Low Return High RRPIX % Rank
Other
99.99% -3.47% 134.25% 27.27%
Cash
0.01% 0.01% 105.11% 100.00%
Stocks
0.00% 0.00% 39.13% 81.82%
Preferred Stocks
0.00% 0.00% 0.00% 68.18%
Convertible Bonds
0.00% 0.00% 0.08% 81.82%
Bonds
0.00% -94.51% 0.97% 63.64%

RRPIX - Expenses

Operational Fees

RRPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.61% 0.91% 5.83% 54.55%
Management Fee 0.75% 0.75% 0.90% 54.55%
12b-1 Fee 0.00% 0.00% 1.00% 26.67%
Administrative Fee N/A 0.25% 0.25% 36.36%

Sales Fees

RRPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 4.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

RRPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RRPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 344.00% 96.67%

RRPIX - Distributions

Dividend Yield Analysis

RRPIX Category Low Category High RRPIX % Rank
Dividend Yield 4.63% 0.00% 14.17% 22.73%

Dividend Distribution Analysis

RRPIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

RRPIX Category Low Category High RRPIX % Rank
Net Income Ratio -1.68% -3.85% -0.83% 54.55%

Capital Gain Distribution Analysis

RRPIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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RRPIX - Fund Manager Analysis

Managers

Alexander Ilyasov


Start Date

Tenure

Tenure Rank

Apr 05, 2019

3.16

3.2%

Alexander Ilyasov, ProShare Advisors: Senior Portfolio Manager since October 2013 and Portfolio Manager from November 2009 through September 2013. ProFund Advisors LLC: Senior Portfolio Manager since October 2013 and Portfolio Manager from November 2009 through September 2013. World Asset Management, Inc.: Portfolio Manager from January 2006 through November 2009. Ilyasov joined WAM’s predecessor entity in September 2005 as a member of its International Investment Team. Since joining in 2005, he has been involved in supporting WAM’s international equity product line.

James Linneman


Start Date

Tenure

Tenure Rank

Mar 15, 2022

0.21

0.2%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.21 27.26 11.01 14.22