- What does UOPSX invest in?
- This fund strategically invests in a blend of financial instruments that ProFund Advisors anticipate will, in aggregate, achieve daily returns consistent with its primary investment objective. The underlying index tracked by the fund comprises the one hundred largest non-financial companies, selected by their market capitalization, which are traded on The Nasdaq Stock Market and operate globally as well as within the domestic market. It should be noted that this fund is not diversified.
- What is the expense ratio of UOPSX?
- ProFunds UltraNASDAQ-100 Fund (UOPSX) charges an expense ratio of 2.45%. This is the annual fee deducted from fund assets to cover management and operations.
- What is the duration of UOPSX?
- Effective duration measures UOPSX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. UOPSX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of UOPSX?
- UOPSX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of UOPSX?
- Yield to maturity (YTM) is the total return you'd earn from UOPSX if every bond in the portfolio is held to maturity at the current price. UOPSX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
- How big is UOPSX?
- ProFunds UltraNASDAQ-100 Fund (UOPSX) manages $672.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
