Fund Evaluator:
Bitcoin ProFund Investor (BTCFX)
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Best Performing in Digital Assets Over the Last Year
| -40.6% | Ether ProFund Investor (ETHFX) |
| -43.5% | Vest Bitcoin Strategy Mgd Vol Inv (BTCLX) |
| -47.8% | Bitcoin ProFund Investor (BTCFX) |
Fund Details
Bitcoin ProFund Investor Overview
Bitcoin ProFund Investor (BTCFX) is an actively managed Miscellaneous Digital Assets fund. ProFunds launched the fund in 2021.
The investment seeks investment results, before fees and expenses, that correspond to bitcoin returns. The fund seeks to achieve its investment objective primarily through managed exposure to bitcoin futures contracts. It does not invest directly in bitcoin. The Advisor expects to gain exposure by investing a portion of its assets in a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands and advised by ProFund Advisors. It is non-diversified.
About Bitcoin ProFund Investor (BTCFX)
There are 2 members of the management team with an average tenure of 4.62 years: Alexander Ilyasov (2021), George Banian (2022). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Bloomberg Bitcoin TR USD index with a weighting of 100%. Bitcoin ProFund Investor has 5 securities in its portfolio. The top 10 holdings constitute 70.7% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Bitcoin ProFund Investor is part of the Other global asset class and is within the Miscellaneous fund group. Bitcoin ProFund Investor has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Bitcoin ProFund Investor has 70.7% of the portfolio in cash.
Assets Under Management
The fund has $297 million in total assets, which is above the $63 million average for the Digital Assets category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BTCFX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Bitcoin ProFund Investor expense ratio is high compared to funds in the Digital Assets category. Bitcoin ProFund Investor has an expense ratio of 1.18%, which is 1% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. A portfolio turnover rate cannot be currently calculated for Bitcoin ProFund Investor. By way of comparison, the average portfolio turnover is 324% for the Digital Assets category.
Recently, in the month of June 2026, Bitcoin ProFund Investor returned -20.3%, which earned it a grade of D, as the Digital Assets category had an average return of -20.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Bitcoin ProFund Investor has a trailing yield of 42.46%, which is above the 27.25% category average. The fund normally distributes its income monthly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Bitcoin ProFund Investor Grades
Year to date, the fund has returned -34.1%, 0.7 percentage points better than the category, which translates into a grade of D. The fund has returned -47.8% over the past year (grade of F) and 15.9% over the past three years (grade of B).
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BTCFX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BTCFX Return (NAV) | -20.3% | -14.2% | -47.8% | 15.9% | na | na |
| BTCFX Grade | D | A | F | B | na | na |
| +/- Category | 0.1% | 3.9% | -4.1% | 0.2% | na | na |
| Digital Assets Avg | -20.5% | -18.1% | -43.7% | 15.7% | na | na |
| BTCFX Tax Cost Ratio | na | na | 8.0% | 8.5% | na | na |
BTCFX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BTCFX Return (NAV) | -34.1% | -11.5% | 103.3% | 133.4% | -64.0% | na | na | na | na | na | na |
| BTCFX Grade | D | A | A | A | F | na | na | na | na | na | na |
| +/- Category | 0.7% | 1.2% | 5.1% | 23.9% | -9.9% | na | na | na | na | na | na |
| Digital Assets Avg | -34.8% | -12.7% | 98.1% | 109.5% | -54.1% | na | na | na | na | na | na |
| Risk Measures | |
| Standard Deviation: | 52.1% |
| Total Risk Index: | 4.28 - High |
| Category Risk Index: | 1.11 - High |
| Category Risk Grade: | F (125% Rank) |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 42.5% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | |
| Total Assets: | $297 Mil |
| Fund Total Assets: | $ 297 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 4.9 years | |||
| Average Tenure: 4.6 years | |||
| Managers (Year): Ilyasov Alexander (2021), Banian George (2022) | |||
Portfolio Composition (as of 1/31/26)
| # of Holdings: | 5 |
| % in Top 10 Holdings: | 70.7% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 29.3% |
| Cash: | 70.7% |
Purchase Information
| Fund Family: | ProFunds |
| Phone Number: | 800-782-4797 |
| Website: | www.profunds.com |
| Status: | Open |
| Inception Date: | July 28, 2021 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.18% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.17% |
| Share Class: | Bitcoin ProFund Investor |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
