VPUNDX — ProFund VP UltraNASDAQ-100
Data updated: 2026-08-28
VPUNDX — ProFund VP UltraNASDAQ-100. Leveraged · $379.64M AUM · 1.68% expense ratio · 63.3% 1-yr return. Holdings, fees, performance and SEC filings.
VPUNDX Fund Overview
VPUNDX — ProFund VP UltraNASDAQ-100 is a US mutual fund managed by ProFunds, categorised as Leveraged. 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: Leveraged
- Assets under management: $379.64M
- 1-year return: 63.3%
- Ticker: VPUNDX
- SEC CIK: 0001039803
- SEC series ID: S000003958
- Share class ID: C000011085
VPUNDX Investment Objective and Strategy
ProFund VP UltraNASDAQ-100 describes its objective and strategy as follows, from its latest prospectus filed with the SEC by ProFunds.
Investment objective
ProFund VP UltraNasdaq-100 (the Fund) seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Nasdaq-100 Index (the Index).
Principal investment strategy
The Fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The Index is designed to measure the performance of 100 of the largest Nasdaq-listed non-financial companies. The Index includes non-financial companies listed on the Nasdaq Global Select Market or the Nasdaq Global Market (which include both U.S. and non-U.S. companies). The top 100 companies based on market capitalization are included in the Index. These companies are then weighted based on market capitalization. The Indexs composition and the assigned weights are reevaluated every December, with additional weight adjustments occurring in March, June, and September. The Index is constructed and maintained by Nasdaq Inc. More information about the Index can be found using the Bloomberg ticker symbol NDX.
Under normal circumstances, the Fund will obtain leveraged exposure to 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 leveraged 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 daily returns consistent with the Daily Target. For these purposes a day is measured from the time of one net asset value (NAV) calculation to the next. The Fund seeks to remain fully invested at all times in financial instruments that, in combination, provide leveraged exposure consistent with the investment objective, without regard to market conditions, trends or direction. However, the Fund may 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 leveraged exposure consistent with the investment objective.
The Fund seeks to rebalance its portfolio each day so that its exposure to the Index is consistent with the Daily Target. The Indexs movements during the day will affect whether the Funds portfolio needs to be rebalanced. For example, if the Index has risen on a given day, net assets of the Fund should rise (assuming there were no share redemptions). As a result, the Funds exposure will need to be increased. Conversely, if the Index has fallen on a given day, net assets of the Fund should fall (assuming there were no shares issued). As a result, the Funds exposure will need to be decreased. Please see Investment Objectives, Principal Investment Strategies and Related Risks in the Funds Prospectus for additional details.
VPUNDX Holdings
Top 10 holdings of ProFund VP UltraNASDAQ-100 by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 5.48% |
| Apple, Inc. | 4.81% |
| Micron Technology, Inc. | 4.06% |
| Microsoft Corp. | 3.13% |
| Advanced Micro Devices, Inc. | 2.96% |
| Amazon.com, Inc. | 2.90% |
| Tesla, Inc. | 2.38% |
| Alphabet, Inc. | 2.35% |
| Intel Corp. | 2.19% |
| Alphabet, Inc. | 2.18% |
VPUNDX Portfolio Allocation
Asset-class allocation of ProFund VP UltraNASDAQ-100 by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 72.0% |
| Derivatives | 27.1% |
VPUNDX Performance
Total returns for VPUNDX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 37.1% |
| 1 year | 63.3% |
| 3 years (annualised) | 43.3% |
| 5 years (annualised) | 21.0% |
VPUNDX Risk Information
Risk metrics for VPUNDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 42.0%
VPUNDX Costs and Fees
VPUNDX costs about $168 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.68%
- Gross expense ratio: 1.70%
- Portfolio turnover: 26%
- Brokerage commissions: 0.53 bps of average net assets (SEC N-CEN)
VPUNDX Cashflows
Over the 12 months to 2026-06, ProFund VP UltraNASDAQ-100 had net outflows of $16.56M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$7.44M |
| 2026-05 | −$17.13M |
| 2026-04 | $8.19M |
| 2026-03 | −$2.31M |
| 2026-02 | $270.07K |
| 2026-01 | −$12.48M |
VPUNDX Debt Constituents
No individual debt constituents are reported in ProFund VP UltraNASDAQ-100's latest SEC N-PORT filing.
VPUNDX Prospectus and SEC Filings
Official ProFund VP UltraNASDAQ-100 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 Leveraged 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.