Key Takeaways
- • ProFunds Short Real Estate Fund (SRPIX) seeks daily investment results, before fees and expenses, corresponding to the inverse (-1x) of the daily performance of the S&P Real Estate Select Sector Index.
- • The fund returned 3.15% over the past year, -5.14% over three years, 0.72% over five years, and -6.05% over ten years, per the fund profile updated 09/30/26.
- • The fund carries an expense ratio of 1.78%; the comparison to category averages is not available in the source data.
- • Risk metrics show a standard deviation of 16.397, a mean of -0.33, and a Sharpe Ratio of -0.517.
Summary
ProFunds Short Real Estate Fund (SRPIX) is a non-diversified fund designed to deliver daily returns, before fees and expenses, that move inversely to the real estate sector of the S&P 500 Index. The benchmark is the S&P Real Estate Select Sector Index, constructed and maintained by S&P Dow Jones Indices LLC. According to the fund profile, the portfolio invests in financial instruments that the fund's advisors believe, in combination, should produce daily returns consistent with its daily target.
Performance data, updated through 09/30/26, shows the fund returned 3.15% over the trailing one-year period. Over longer horizons, the fund reported -5.14% over three years, 0.72% over five years, and -6.05% over ten years. The profile's trailing-return table lists a 1-month return of 7.33%, a 3-month return of 7.78%, and a 6-month return of -0.26%. Against the ICE BofA USD 3M Deposit Offered Rate Constant Maturity Total Return index, the fund's one-year excess return was -0.67%. Category rankings and category averages are not reported.
The fund's expense ratio is 1.78%. The profile does not provide a category comparison for fees or management costs. Risk statistics reported by the profile include a standard deviation of 16.397, a mean of -0.33, and a Sharpe Ratio of -0.517, indicating negative risk-adjusted returns over the measured period. Investors evaluating the fund should weigh its inverse exposure, elevated costs, and the volatility profile against their hedging objectives.
Performance data, updated through 09/30/26, shows the fund returned 3.15% over the trailing one-year period. Over longer horizons, the fund reported -5.14% over three years, 0.72% over five years, and -6.05% over ten years. The profile's trailing-return table lists a 1-month return of 7.33%, a 3-month return of 7.78%, and a 6-month return of -0.26%. Against the ICE BofA USD 3M Deposit Offered Rate Constant Maturity Total Return index, the fund's one-year excess return was -0.67%. Category rankings and category averages are not reported.
The fund's expense ratio is 1.78%. The profile does not provide a category comparison for fees or management costs. Risk statistics reported by the profile include a standard deviation of 16.397, a mean of -0.33, and a Sharpe Ratio of -0.517, indicating negative risk-adjusted returns over the measured period. Investors evaluating the fund should weigh its inverse exposure, elevated costs, and the volatility profile against their hedging objectives.
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