Mutual Fund Insights: ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX)

In-depth Analysis of ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX)

3 months 6 months 1 year 3 year 5 year

See ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) performance details as of January 31, 2010

  

Last Trade: $4.87 on 3/19/2010, Change: +0.05 (1.04%)

  

Fund Manager - Howard S. Rubin

Fund Manager Tenure: 0.3 years   [Similar Funds: USPSX ]
Fundmojo Fund Grade: N/A (Score: Manager deploys a bear strategy)     (What does this score mean?)

Rubin has been a senior portfolio manager with ProFund Advisors since November 2004, except for the period from May 13, 2005 to July 17, 2005, during which he was self-employed. He was a portfolio manager from April 2000 to November 2004. Rubin holds the Chartered Financial Analyst designation.  Get more insights on Howard S. Rubin

  

 What we like about ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX)

Data for ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) as of January 31, 2010

• ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) has a lower management fee than its Bear Market average: 1.67% vs 2.01%
• ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX)

Data for ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) as of January 31, 2010

• ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) management has been with ProFunds UltraShort NASDAQ-100 Inv Fund for only 0.3 years, it is hard to judge manager's ability based on this fund's operation record
• ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) has a less-than-ideal short-term performance (1-year return -63.14% vs -37.50% Bear Market category average)
• ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) has a less-than-ideal mid-term performance (3-year return -20.43% vs -8.30% Bear Market category average)
• ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) has a less-than-ideal Long-term performance (5-year return -17.13% vs -6.94% Bear Market category average)
• ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) ratio of up-years vs down years can be improved
• ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) does not have a good risk adjusted return as its 3-year Alpha of -36.19 is worse than category average of -18.3, and its 3-year Sharpe ratio is -0.34
• ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) is more volatile than its peers as it has a 3-year Standard Deviation of 44.63 that is higher than category average of 30.28

See ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) performance details as of January 31, 2010

  

  

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ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) Net Asset

Track net asset change of ProFunds UltraShort NASDAQ-100 Inv fund (USPIX)

Date	Net Asset
01/2010	$29.05M
11/2009	$38.34M
10/2009	$36.95M

More historic net asset information on ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX)

  

ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) Portfolio Allocation

Track portfolio allocation change of ProFunds UltraShort NASDAQ-100 Inv fund (USPIX)

Date	Cash	Stock	Bond	Other
10/2009	98.9%	0%	0%	1.1%
07/2009	100%	0%	0%	0%
04/2009	100%	0%	0%	0%

Click here to see more historic asset allocation information on ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX)

  

Most Recent Top 10 Holdings in ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX)

Discover what ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX) manager is buying

31-Oct-09 Profunds Swap Security Gs [0.32%] Profunds Swap Security Gs [2.15%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

31-Jul-09 NASD MAR MINI FUT 2009 [2.19%] Profunds Swap Security Gs [2.15%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

30-Apr-09 NASD MAR MINI FUT 2009 [2.19%] Profunds Swap Security Gs [2.15%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

Click here for Stock Holding Change Map in ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX)

  

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Latest News on ProFunds UltraShort NASDAQ-100 Inv (USPIX)

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See more information on ProFunds UltraShort NASDAQ-100 Inv Fund (USPIX)

• ProFunds UltraShort NASDAQ-100 Inv Fund Insights
• ProFunds UltraShort NASDAQ-100 Inv Fund Performance Data
• ProFunds UltraShort NASDAQ-100 Inv Fund News
• ProFunds UltraShort NASDAQ-100 Inv Fund Score Explaination
• ProFunds UltraShort NASDAQ-100 Inv Fund Manager Information
• Historic ProFunds UltraShort NASDAQ-100 Inv Fund Asset Allocation Report
• Historic ProFunds UltraShort NASDAQ-100 Inv Fund Top 10 Holding Tracking
• Historic ProFunds UltraShort NASDAQ-100 Inv Fund Asset Under Management Tracking