VPSMLG — ProFund VP Small-Cap
Data updated: 2026-08-28
VPSMLG — ProFund VP Small-Cap. Alternative · $11.72M AUM · 1.68% expense ratio · 38.3% 1-yr return. Holdings, fees, performance and SEC filings.
VPSMLG Fund Overview
VPSMLG — ProFund VP Small-Cap is a US mutual fund managed by ProFunds, categorised as Alternative. 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: Alternative
- Assets under management: $11.72M
- 1-year return: 38.3%
- Ticker: VPSMLG
- SEC CIK: 0001039803
- SEC series ID: S000003972
- Share class ID: C000011099
VPSMLG Investment Objective and Strategy
ProFund VP Small-Cap describes its objective and strategy as follows, from its latest prospectus filed with the SEC by ProFunds.
Investment objective
ProFund VP Small-Cap (the Fund) seeks investment results, before fees and expenses, that track the performance of the Russell 2000 Index (the Index).
Principal investment strategy
The Fund invests in financial instruments that ProFund Advisors believes, in combination, should track the performance of the Index. The Index is designed to measure the performance of the small-cap segment of the U.S. markets. The Index selects the 2000 smallest companies in the Russell 3000 Index based on market capitalization. The Russell 3000 Index is designed to measure the performance of the largest 3,000 U.S. companies. As of December 31, 2025, the market capitalization of each company within the Index was below $ 26 billion. The selected companies are then weighted based on market capitalization. The Indexs composition and the assigned weights are reevaluated each June. The Index is constructed and maintained by FTSE Russell. More information about the Index can be found using the Bloomberg ticker symbol RTY.
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 financial instruments listed below. ? Equity Securities Common stock issued by public companies. ? Derivatives Financial instruments whose value is derived from the value of an underlying asset or rate, such as stocks, bonds, exchange-traded funds, interest rates or indexes. The Fund invests in derivatives (e.g. swap agreements and futures contracts) in order to gain exposure to the Index. These derivatives principally include: ? Swap Agreements Contracts entered into primarily with major global financial institutions for a specified period ranging from a day to more than one year. In a standard swap transaction, two parties agree to exchange or swap payments based on the change in value of an underlying asset or benchmark.
For example, two parties may agree to exchange the return (or differentials in rates of returns) earned or realized on a particular investment or instrument. ? Futures Contracts Standardized contracts that obligate the parties to buy or sell an asset at a predetermined price and date in the future. ? Money Market Instruments The Fund expects that any cash balances maintained in connection with its use of derivatives will typically be held in high quality, short-term money market instruments, for example: ? U.S. Treasury Bills U.S. government securities that have initial maturities of one year or less, and are supported by the full faith and credit of the U.S. government. ? Repurchase Agreements Contracts in which a seller of securities, usually U.S. government securities or other money market instruments, agrees to buy the securities back at a specified time and price.
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.
VPSMLG Holdings
Top 10 holdings of ProFund VP Small-Cap by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Agpxx | 0.79% |
| Moog, Inc. | 0.28% |
| Hut 8 Corp. | 0.27% |
| Chicago Mercantile Exchange | 0.27% |
| Viasat, Inc. | 0.26% |
| Brightspring Health Services, Inc. | 0.26% |
| Cytokinetics, Inc. | 0.26% |
| Maxlinear, Inc. | 0.25% |
| Argan, Inc. | 0.25% |
| Umb Financial Corp. | 0.24% |
VPSMLG Portfolio Allocation
Asset-class allocation of ProFund VP Small-Cap by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 73.7% |
| Cash & Equivalents | 26.3% |
| Derivatives | 0.3% |
VPSMLG Performance
Total returns for VPSMLG (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 21.5% |
| 1 year | 38.3% |
| 3 years (annualised) | 16.5% |
| 5 years (annualised) | 5.1% |
VPSMLG Risk Information
Risk metrics for VPSMLG, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.7%
VPSMLG Costs and Fees
VPSMLG costs about $168 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.68%
- Gross expense ratio: 1.87%
- Portfolio turnover: 13%
- Brokerage commissions: 0.41 bps of average net assets (SEC N-CEN)
VPSMLG Cashflows
Over the 12 months to 2026-06, ProFund VP Small-Cap had net inflows of $1.78M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$1.52M |
| 2026-05 | $393.09K |
| 2026-04 | −$1.13M |
| 2026-03 | −$535.43K |
| 2026-02 | −$281.27K |
| 2026-01 | $1.87M |
VPSMLG Debt Constituents
No individual debt constituents are reported in ProFund VP Small-Cap's latest SEC N-PORT filing.
VPSMLG Prospectus and SEC Filings
Official ProFund VP Small-Cap 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
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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.