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PGODX

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1m

Analysis and statistics

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About

PGODX.US represents the ProFunds Precious Metals UltraSector Fund Investor Class. This fund seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P GSCI Precious Metals Index. It invests primarily in financial instruments that ProFund Advisors believes will provide leveraged exposure to precious metals, including gold, silver, platinum, and palladium. Due to its leveraged nature, the fund is designed for sophisticated investors seeking short-term trading opportunities and is not intended for long-term holding.
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Factors

Fund Performance: Strong fund performance, indicated by higher returns compared to its benchmark and peers, can drive demand and increase the fund's price.

Market Conditions: Overall market sentiment, economic indicators (like interest rates and inflation), and geopolitical events significantly influence investor confidence and, consequently, fund prices.

Investor Demand: High demand for PGODX.US shares will generally push the price upward, while increased selling pressure will have the opposite effect.

Expense Ratio: A lower expense ratio compared to similar funds makes PGODX.US more attractive, potentially increasing demand and its price, as more of the returns benefit the investor.

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