ProFunds UltraMid Cap Fund (UMPSX) Fund Overview

ProFunds UltraMid Cap Fund (UMPSX) Financial Services Profile

ProFunds UltraMid Cap Fund (UMPSX) is a financial service product focused on mirroring the daily returns of a specific index composed of 400 U.S. mid-cap companies and REITs, utilizing a float-adjusted, market capitalization-weighted approach within the asset management sector.

What Is the Investment Thesis for UMPSX?

ProFunds UltraMid Cap Fund (UMPSX), with a market capitalization of $0.11 billion and a beta of 2.25, offers investors leveraged exposure to the U.S. mid-cap equity market. The fund's non-diversified structure amplifies both potential gains and losses, making it a higher-risk investment vehicle. A key value driver is the fund's ability to accurately track its target index, providing investors with a transparent and predictable investment outcome linked to the performance of U.S. mid-cap stocks. Growth catalysts include increased investor interest in mid-cap equities and the use of leveraged strategies to enhance returns. However, the fund's high beta indicates significant volatility, and its performance is susceptible to market fluctuations and economic downturns. The absence of dividends may deter income-seeking investors.

Based on FMP financials and quantitative analysis

UMPSX Key Highlights

Market Cap of $0.11B indicates the fund's size and potential liquidity.

• Beta of 2.25 suggests the fund is significantly more volatile than the overall market.
• The fund is non-diversified, meaning it concentrates its investments, potentially increasing risk and reward.
• The fund aims to replicate the daily returns of a specific index of 400 U.S. mid-cap companies and REITs.
• Absence of dividends may make the fund less attractive to income-focused investors.

Who Are UMPSX's Competitors?

UMPSX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are UMPSX's Key Strengths?

Leveraged exposure to the U.S. mid-cap market.

• Clear and transparent investment objective.
• Established track record in managing index-tracking funds.

What Are UMPSX's Weaknesses?

High beta and significant volatility.

• Non-diversified structure increases risk.
• Absence of dividends may deter income-seeking investors.

What Are the Key Risks for UMPSX?

High beta and significant volatility could lead to substantial losses during market downturns.

• Non-diversified structure increases the risk of concentrated losses.
• Changes in interest rates could impact the fund's borrowing costs and overall performance.
• Regulatory changes impacting leveraged investment products could negatively affect the fund.

What Threats Does UMPSX Face?

• Market fluctuations and economic downturns.
• Increased competition from other index funds and ETFs.
• Regulatory changes impacting leveraged investment products.

What Are UMPSX's Competitive Advantages?

• Established track record in managing leveraged and inverse funds.
• Expertise in replicating the performance of specific market indexes.
• Brand recognition within the niche market of leveraged investment products.

What Does UMPSX Do?

ProFunds UltraMid Cap Fund (UMPSX) is a financial instrument managed by ProFund Advisors. The fund's core objective is to provide daily investment returns that closely align with a designated index. This index comprises 400 U.S. operating companies and real estate investment trusts (REITs), all selected based on a methodology that considers factors such as liquidity, price, market capitalization, financial viability, and public float. The fund is structured as non-diversified, meaning it can concentrate its investments in a smaller number of holdings compared to a diversified fund. This concentration can potentially lead to higher volatility but also the possibility of greater returns if the selected holdings perform well. The fund operates within the broader asset management industry, catering to investors seeking exposure to the mid-cap segment of the U.S. equity market. ProFund Advisors leverages financial instruments to achieve the fund's investment objective, aiming to replicate the daily performance of the underlying index. The fund's investment strategy focuses on mirroring the returns of the specified index rather than actively selecting individual securities based on fundamental analysis or other discretionary factors. The fund's performance is therefore heavily reliant on the performance of the underlying index and the ability of ProFund Advisors to accurately replicate its returns.

What Products and Services Does UMPSX Offer?

• Invests in financial instruments to replicate the daily returns of a mid-cap index.
• Tracks a float-adjusted, market capitalization-weighted index of 400 U.S. companies and REITs.
• Provides leveraged exposure to the U.S. mid-cap equity market.
• Offers a non-diversified investment strategy.
• Manages assets on behalf of investors seeking to mirror the performance of a specific mid-cap benchmark.
• Operates within the asset management industry.

How Does UMPSX Make Money?

• Generates revenue through management fees charged on assets under management (AUM).
• Aims to provide daily investment returns that closely align with a designated index.
• Utilizes financial instruments to achieve the fund's investment objective.

What Industry Does UMPSX Operate In?

UMPSX operates within the asset management industry, a sector characterized by intense competition and evolving investor preferences. The fund's focus on mirroring the daily returns of a mid-cap index positions it within the broader market for index-tracking investment products. The asset management industry is currently experiencing growth driven by factors such as increasing retirement savings, rising disposable incomes, and the growing popularity of passive investment strategies. However, the industry also faces challenges such as increasing regulatory scrutiny, fee compression, and the rise of alternative investment strategies. UMPSX competes with other index funds and ETFs that track similar mid-cap benchmarks, as well as actively managed funds that aim to outperform the market.

Who Are UMPSX's Key Customers?

• Retail investors seeking leveraged exposure to the U.S. mid-cap market.
• Institutional investors looking to implement specific investment strategies.
• Financial advisors seeking investment solutions for their clients.

UMPSX Financials

UMPSX Latest News

No recent news available for UMPSX.

UMPSX Analyst Consensus

UMPSX MoonshotScore

ProFunds UltraMid Cap Fund Financials Stock: Key Questions Answered

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources