FDPIX

About FDPIX

ProFunds Falling U.S. Dollar Fund Investor Class is a unique mutual fund that offers exposure to currency movements by seeking daily investment results that correspond to the inverse performance of a basket of non-U.S. currencies within the ICE U.S. Dollar Index. This benchmark measures the value of the U.S. dollar against a weighted group of major global currencies, including the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. The fund is specifically structured to benefit when the U.S. dollar weakens relative to this currency basket, making it a tactical tool for investors wishing to hedge against dollar strength or to gain from international currency appreciation. By primarily investing in financial instruments that track, or have similar economic characteristics to, the index's components, the fund enables targeted currency exposure without holding the underlying foreign currencies directly. Its role in the financial market is to provide specialized, daily inverse currency exposure—serving both institutional and sophisticated individual investors seeking to diversify portfolio risk or express a view on dollar depreciation. Established in 2005, the fund is actively managed to closely align with its benchmark’s daily inverse performance.