Ultra Nasdaq 100 Profunds Fund Quote

UOPIX Fund  USD 106.75  3.10  2.99%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 15

 
High
 
Low
Low
Ultra Nasdaq-100 is trading at 106.75 as of the 23rd of July 2024; that is 2.99 percent up since the beginning of the trading day. The fund's open price was 103.65. Ultra Nasdaq-100 has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Ultra Nasdaq 100 Profunds are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of June 2024 and ending today, the 23rd of July 2024. Click here to learn more.
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. More on Ultra Nasdaq 100 Profunds

Moving together with Ultra Mutual Fund

  0.99TEPIX Technology UltrasectorPairCorr
  0.99TEPSX Technology UltrasectorPairCorr

Moving against Ultra Mutual Fund

  0.98BRPIX Bear Profund BearPairCorr
  0.98BRPSX Bear Profund BearPairCorr
  0.77SRPSX Short Real EstatePairCorr
  0.76SRPIX Short Real EstatePairCorr
  0.72ENPSX Oil Gas UltrasectorPairCorr
  0.71ENPIX Oil Gas UltrasectorPairCorr

Ultra Mutual Fund Highlights

Fund ConcentrationProFunds Funds, Large Growth Funds, Trading--Leveraged Equity Funds, Trading--Leveraged Equity, ProFunds (View all Sectors)
Update Date30th of June 2024
Expense Ratio Date30th of November 2022
Fiscal Year EndJuly
Ultra Nasdaq 100 Profunds [UOPIX] is traded in USA and was established 23rd of July 2024. Ultra Nasdaq-100 is listed under ProFunds category by Fama And French industry classification. The fund is listed under Trading--Leveraged Equity category and is part of ProFunds family. This fund at this time has accumulated 735.35 M in net assets with minimum initial investment of 15 K. Ultra Nasdaq 100 is currently producing year-to-date (YTD) return of 40.1%, while the total return for the last 3 years was 12.41%.
Check Ultra Nasdaq-100 Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Ultra Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ultra Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Ultra Nasdaq 100 Profunds Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Ultra Nasdaq 100 Profunds Mutual Fund Constituents

AAPLApple IncStockInformation Technology
AMZNAmazon IncStockConsumer Discretionary
CMCSAComcast CorpStockCommunication Services
CSCOCisco SystemsStockInformation Technology
GOOGAlphabet Inc Class CStockCommunication Services
GOOGLAlphabet Inc Class AStockCommunication Services
INTCIntelStockInformation Technology
MSFTMicrosoftStockInformation Technology
More Details

Ultra Nasdaq 100 Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ultra Nasdaq-100 market risk premium is the additional return an investor will receive from holding Ultra Nasdaq-100 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ultra Nasdaq-100. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ultra Nasdaq-100's alpha and beta are two of the key measurements used to evaluate Ultra Nasdaq-100's performance over the market, the standard measures of volatility play an important role as well.

Ultra Nasdaq-100 Against Markets

Other Information on Investing in Ultra Mutual Fund

Ultra Nasdaq-100 financial ratios help investors to determine whether Ultra Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ultra with respect to the benefits of owning Ultra Nasdaq-100 security.
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