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UKPIX ProFunds UltraShort Japan Inv

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Fund UKPIX ProFunds UltraShort Japan Inv RYAIX Rydex Inverse NASDAQ-100® Strategy Inv RYALX Rydex Inverse NASDAQ-100® Strategy H  
Similarity
?
100% 87% 87%
Annual Fees
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$174.65
(1.78% Exp. Ratio)
$141.29
(1.44% Exp. Ratio)
$166.80
(1.70% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming -1.88% annual return
$3,297.46 $3,657.65 $3,378.99
Est. savings over 30 yrs +$360.19 +$81.53
Return
As of 11/30/16
1 YR RETURN -9.63%
3 YR -25.06%
5 YR -38.18%
10 YR -22.73%
1 YR RETURN -7.20%
3 YR -13.92%
5 YR -17.38%
10 YR -14.03%
1 YR RETURN -7.40%
3 YR -14.13%
5 YR -17.58%
10 YR -14.24%
Description
The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Nikkei 225 Stock Average. The fund invests in derivatives that the adviser believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a modified price-weighted index of the 225 most actively traded and liquid Japanese companies listed in the First Section of the Tokyo Stock Exchange ("TSE"). The fund is non-diversified.
The investment seeks to provide investment results that match, before fees and expenses, the inverse (opposite) of the performance of the NASDAQ-100 Index® on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities included in the underlying index and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform opposite to the securities of companies included in the underlying index. The fund is non-diversified.
The investment seeks to provide investment results that match, before fees and expenses, the inverse (opposite) of the performance of the NASDAQ-100 Index® on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities included in the underlying index and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform opposite to the securities of companies included in the underlying index. The fund is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

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