VPBK — ProFund VP Banks
Data updated: 2026-08-28
VPBK — ProFund VP Banks. United States Small Cap Blend / Core Financials Equity · $4.46M AUM. Holdings, fees, performance and SEC filings.
VPBK Fund Overview
VPBK — ProFund VP Banks is a US mutual fund managed by ProFunds, categorised as United States Small Cap Blend / Core Financials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: ProFunds
- Category: United States Small Cap Blend / Core Financials Equity
- Assets under management: $4.46M
- 1-year return: 23.4%
- Ticker: VPBK
- SEC CIK: 0001039803
- SEC series ID: S000003964
- Share class ID: C000011091
VPBK Investment Objective and Strategy
ProFund VP Banks describes its objective and strategy as follows, from its latest prospectus filed with the SEC by ProFunds.
Investment objective
ProFund VP Banks (the Fund) seeks investment results, before fees and expenses, that track the performance of the S&P Banks Select Industry Index (the Index).
Principal investment strategy
The Fund invests in securities that ProFund Advisors believes, in combination, should track the performance of the Index. The Index is designed to measure the performance of banking companies included in the S&P Total Market Index. The S&P Total Market Index is designed to track the broad equity market listed and domiciled in the U.S. The Index includes companies in the following sub-industries according to the Global Industry Classification Standard (GICS): asset management & custody banks, diversified banks, regional banks, diversified financial services, and commercial & residential mortgage finance. These companies are then weighted using an equal weight methodology with liquidity adjustments. The Indexs composition and the assigned weights are reevaluated every September with additional weight adjustments in March, June, and December.
The Index is constructed and maintained by S&P Dow Jones Indices LLC. More information about the Index can be found using the Bloomberg ticker symbol SPSIBK. Under normal circumstances, the Fund will invest at least 80% of its total assets in components of the Index or in instruments with similar economic characteristics. The Fund will invest principally in the securities listed below. ? Equity Securities Common stock issued by public companies. ProFund Advisors uses a mathematical approach to investing in which it determines the type, quantity and mix of investment positions that it believes, in combination, the Fund should hold to produce returns consistent with its investment objective. The Fund seeks to remain fully invested at all times in financial instruments that, in combination, provide exposure consistent with the investment objective, without regard to market conditions, trends or direction.
The Fund may also invest in or gain exposure to only a representative sample of the securities in the Index or to securities not contained in the Index or in financial instruments, with the intent of obtaining exposure consistent with the investment objective. Please see Investment Objectives, Principal Investment Strategies and Related Risks in the Funds Prospectus for additional details.
VPBK Holdings
Top 10 holdings of ProFund VP Banks by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Rocket Companies, Inc. | 1.14% |
| Nicolet Bankshares, Inc. | 1.04% |
| Bancorp, Inc. (the) | 1.03% |
| Nmi Holdings, Inc. | 1.01% |
| Axos Financial, Inc. | 1.00% |
| Mgic Investment Corp. | 1.00% |
| Essent Group Ltd. | 0.99% |
| Atlantic Union Bankshares Corp. | 0.99% |
| Wesbanco, Inc. | 0.99% |
| Eastern Bankshares, Inc. | 0.99% |
VPBK Portfolio Allocation
Asset-class allocation of ProFund VP Banks by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.1% |
| Cash & Equivalents | 2.9% |
VPBK Performance
Total returns for VPBK (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 12.8% |
| 1 year | 23.4% |
| 3 years (annualised) | 25.3% |
| 5 years (annualised) | 7.0% |
VPBK Risk Information
Risk metrics for VPBK, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.4%
VPBK Costs and Fees
VPBK costs about $168 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.68%
- Gross expense ratio: 1.73%
- Portfolio turnover: 112500%
- Brokerage commissions: 26.57 bps of average net assets (SEC N-CEN)
VPBK Cashflows
Over the 12 months to 2026-06, ProFund VP Banks had net outflows of $817.98K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $17.26K |
| 2026-05 | $11.75K |
| 2026-04 | −$147.20K |
| 2026-03 | −$108.54K |
| 2026-02 | $22.25K |
| 2026-01 | −$321.64K |
VPBK Debt Constituents
No individual debt constituents are reported in ProFund VP Banks's latest SEC N-PORT filing.
VPBK Prospectus and SEC Filings
Official ProFund VP Banks filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-28
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-20
- Portfolio holdings (N-PORT) — filed 2026-02-19
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Small Cap Blend / Core Financials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.