ProFunds Biotechnology UltraSector Fund Investor Class (BIPIX) Research
This fund's primary objective is to generate daily investment returns that are one and a half times (1.5x) the daily movement of the Dow Jones U.S. BiotechnologySM Index, before any deductions for fees and expenses. To achieve this leveraged daily exposure, the fund strategically allocates its assets to various financial instruments that the adviser expects will produce results aligned with its specific investment goal. The aforementioned index serves as a benchmark, monitoring the performance of select companies within the biotechnology sector of the American stock market. It is important to note that this fund is not diversified, indicating a concentrated investment strategy.
Market snapshot
- Symbol
- BIPIX
- Price
- $80.88
- Day change
- +1.43%
- Market cap
- $315.1M
- 52-week range
- 38.31-80.88
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- ProFunds Biotechnology UltraSector Fund Service Class (BIPSX)
- Columbia Adaptive Risk Allocation Fund A (CRAAX)
- Ashmore Emerging Markets Equity Fund - Class A (EMEAX)
- Ashmore Emerging Markets Equity Fund - Institutional Class (EMFIX)
- The Gabelli Value 25 Fund Inc. Class AAA (GVCAX)
- ProFunds Internet UltraSector Fund Investor Class (INPIX)
- Neuberger High Yield Strategies Fund Inc. (NHS)
- Royce Small-Cap Value Fund - Service Class (RYVFX)
Open ProFunds Biotechnology UltraSector Fund Investor Class (BIPIX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.