URPSX Fees and Costs — UltraBear ProFund, Service Class
Data updated: 2026-10-13
The net expense ratio is 2.78%: a 0.75% management fee, a 1.00% 12b-1 fee plus 1.29% other expenses, less a 0.26% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $35 in broker commissions, 0.0006% of average net assets, and portfolio turnover was 0%.
URPSX Fees and Expenses
Annual operating expenses and sales charges of URPSX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 1.00% |
| Other expenses | 1.29% |
| Gross expense ratio | 3.04% |
| Fee waiver | −0.26% |
| Net expense ratio | 2.78% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
URPSX Costs Over Time
On $10,000 invested in URPSX, assuming 5% a year before costs, total costs come to $1,678 over 5 years, cutting the return by 2.92% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 2.78%) | $292 | $894 | $1,522 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $45 | $157 |
| Total costs | $292 | $939 | $1,678 |
| Value after costs | $10,208 | $10,637 | $11,084 |
| Impact on return, per year | 2.92% | 2.92% | 2.92% |
URPSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0006%
- Total broker commissions: $35
- Bought from dealers (principal trades, not a cost): $1.7B
- Portfolio turnover (prospectus): 0%
URPSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $35 | 100.00% |
URPSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $455.1M | 26.74% |
| HSBC Securities (USA) Inc. | $421.2M | 24.75% |
| Natwest Markets Securities Inc. | $304.2M | 17.88% |
| CF SECURED HOLDINGS, LLC | $165.8M | 9.74% |
| RBC Capital Markets, LLC | $140.7M | 8.27% |
| UMB Financial Services, Inc. | $140.7M | 8.27% |
| Credit Agricole Securities (USA) Inc. | $74.1M | 4.35% |
UltraBear ProFund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| URPIX | Investor Class | 1.78% | — |
| URPSX | Service Class | 2.78% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.