ENPSX

About ENPSX

ProFunds UltraSector Energy Fund Service Class is a leveraged mutual fund designed to deliver one and a half times (1.5x) the daily performance of the S&P Energy Select Sector Index, before fees and expenses. Its primary objective is to provide amplified exposure to U.S. companies in the oil and gas industry, targeting both growth and value stocks across various market capitalizations. The fund utilizes financial instruments such as derivatives and seeks to achieve its leveraged target on a daily basis, making it suitable for investors seeking short-term tactical exposure to the energy sector. Its portfolio is concentrated in leading energy companies, with significant allocations to names like Exxon Mobil Corporation, Chevron Corporation, and ConocoPhillips. The fund is non-diversified, meaning it focuses its assets within a single sector, resulting in higher volatility and risk compared to more diversified strategies. ProFunds UltraSector Energy Fund Service Class plays a distinct role in the financial market by offering amplified sector-specific performance, primarily attracting investors with a high risk tolerance who are looking to capitalize on short-term movements in the energy market.