Short Bitcoin Strategy ProFund

Short Bitcoin Strategy ProFund seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Bloomberg Galaxy Bitcoin Index.

About the Fund

Investor Class
  • Ticker BITIX
  • CUSIP 74318X620
  • Fund Number 121
  • NAV (as of 5/17/2024) $4.58
  • NAV Change $-0.14 ( -2.97%) down caret
Details
  • Inception Date 6/21/2022
  • Fund Group Crypto-Linked
  • Limits on Exchanges See prospectus
  • Minimum Investment (Individual) $1,000
  • Minimum Investment (Financial Professional) $1,000
  • Gross Expense Ratio 13.36%
  • Net Expense Ratio 1.39%
Investor Class
  • Ticker BITIX
  • CUSIP 74318X620
  • Fund Number 121
  • NAV (as of 5/17/2024) $4.58
  • NAV Change $-0.14 (-2.97%) down caret
Service Class
Details
  • Inception Date 6/21/2022
  • Fund Group Crypto-Linked
  • Limits on Exchanges See prospectus
  • Minimum Investment (Individual) $1,000
  • Minimum Investment (Financial Professional) $1,000
  • Gross Expense Ratio 13.36%
  • Net Expense Ratio 1.39%

*Contractual waiver effective from December 1, 2023 through November 30, 2024. Without such a waiver of fees, the total returns may have been lower.

All data, unless otherwise noted, is for Investor Class Shares only and is subject to change.

Total Return

Fund 1m 3m YTD 1Y 3Y 5Y 10Y Since Inception Gross Expense
Ratio (%)
Net Expense
Ratio
Inception Date
Short Bitcoin Strategy ProFund -- -- -- -- -- -- -- -- 13.36% 1.39% 06/21/2022

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.

Index

Bloomberg Galaxy Bitcoin Index

The Bloomberg Galaxy Bitcoin Index is designed to measure the performance of a single bitcoin traded in USD and seeks to provide a proxy for the bitcoin market. The Index price is a composite of U.S. dollar-bitcoin trading activity on certain digital asset trading platforms which have been evaluated based on criteria including governance, liquidity, and data integrity. The Index is constructed and maintained by Bloomberg Index Services Limited and is co-branded with Galaxy Digital Capital Management LP.




Distributions

There is no guarantee that dividends or interest income will be paid.