ProFunds UltraNASDAQ-100 Fund Investor Class (UOPIX)
ProFunds UltraNASDAQ-100 Fund Investor Class operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $161.49, down 0.68% on the session, giving a market capitalisation of $1.19B. Its beta of 2.51 implies it has historically moved more than the broad market.
This fund's objective is to achieve daily investment results, before any charges, that are twice (2x) the daily performance of the Nasdaq-100® Index. To meet this aggressive aim, ProFund Advisors strategically allocates capital to various financial instruments, which, in combination, are expected to produce daily returns consistent with its investment mandate. The benchmark Nasdaq-100® Index tracks the top 100 non-financial companies, both domestic and global, whose shares are traded on The Nasdaq Stock Market and are ranked by their market value. Crucially, the fund operates as a non-diversified entity.
ProFunds UltraNASDAQ-100 Fund Investor Class is most often compared with the following Financial Services names: