ProFunds Consumer Services UltraSector Fund Investor Class (CYPIX)
ProFunds Consumer Services UltraSector Fund Investor Class operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $75.25, down 0.52% on the session, giving a market capitalisation of $80.1M. Its beta of 1.70 implies it has historically moved more than the broad market.
The ProFunds Consumer Services UltraSector Fund Investor Class (CYPIX) endeavors to generate daily investment returns, prior to any fees or expenses, that effectively multiply the daily performance of the Dow Jones U.S. Consumer ServicesSM Index by one and a half times (1.5x). The fund's strategy involves deploying capital into a combination of financial instruments which the adviser believes will consistently achieve this leveraged daily return target. The underlying Dow Jones U.S. Consumer ServicesSM Index itself monitors the equity performance of specific American corporations operating within the consumer services segment of the U.S. stock market. A key characteristic of this fund is its non-diversified nature, indicating a more concentrated portfolio.
ProFunds Consumer Services UltraSector Fund Investor Class is most often compared with the following Financial Services names: