# EDGAR Filing Document

**Accession Number:** 0001039803
**File Stem:** 0000910472-25-006495
**Filing Date:** 2025-12
**Character Count:** 818376
**Document Hash:** b25d41b965488d2d56c8d08aa324eb36
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-006495.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000910472-25-006495

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ProFunds
- **CENTRAL INDEX KEY:** 0001039803

**ORGANIZATION NAME:**
- **EIN:** 522035197
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08239
- **FILM NUMBER:** 251610147

**BUSINESS ADDRESS:**
- **STREET 1:** 7272 WISCONSIN AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814
- **BUSINESS PHONE:** 2404976428

**MAIL ADDRESS:**
- **STREET 1:** 7272 WISCONSIN AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PROFUNDS
- **DATE OF NAME CHANGE:** 19970521

## Series and Classes Contracts Data

### INDUSTRIALS ULTRASECTOR PROFUND (Series ID: S000003113)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000008441 | INDUSTRIALS ULTRASECTOR PROFUND INVESTOR CLASS | IDPIX           |
| C000008442 | INDUSTRIALS ULTRASECTOR PROFUND SERVICE CLASS  | IDPSX           |

## Nport-Ex

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Access

Flex

Bear

High

Yield

ProFund

Repurchase

Agreements

(a) (38

.1

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$217,024

$

217,000

$

217,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$217,000)

217,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$217,000)— 38.1%

$

217,000

Net

other

assets

(liabilities)

—

.9

%

352,456

NET

ASSETS

—

100.0%

$

569,456

(a) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

Goldman

Sachs

International

11/24/25

(0.87)%

$

(524,663)

$

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

UBS

AG

11/24/25

(4.17)%

(45,709)

$(570,372)

$471

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Access

Flex

High

Yield

ProFund

Repurchase

Agreements

(a) (90

.2

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$15,598,707

$

15,597,000

$

15,597,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$15,597,000)

15,597,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$15,597,000)— 90.2%

$

15,597,000

Net

other

assets

(liabilities)

—

.8

%

1,703,540

NET

ASSETS

—

100.0%

$

17,300,540

(a) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

Goldman

Sachs

International

11/24/25

2.87%

$

13,619,378

$

(24,298)

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

UBS

AG

11/24/25

4.67%

3,777,971

(6,898)

$17,397,349

$(31,196)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Banks

UltraSector

ProFund

Common

Stocks

(78.9%)

Shares

Value

Ameris

Bancorp

(Banks)

920

$

65,890

Apollo

Global

Management,

Inc.

(Financial

Services)

509

63,274

Associated

Banc-Corp.

(Banks)

2,587

64,080

Atlantic

Union

Bankshares

Corp.

(Banks)

1,931

62,796

Axos

Financial,

Inc.

\*

(Banks)

740

57,705

Banc

of

California,

Inc.

(Banks)

4,042

68,593

BancFirst

Corp.

(Banks)

52,906

Bank

of

America

Corp.

(Banks)

1,356

72,478

Bank

of

Hawaii

Corp.

(Banks)

1,001

64,995

Bank

OZK

(Banks)

1,301

58,532

BankUnited,

Inc.

(Banks)

1,761

70,581

Banner

Corp.

(Banks)

932

56,283

Beacon

Financial

Corporation

(Banks)

2,110

51,357

BOK

Financial

Corp.

(Banks)

616

64,421

Cadence

Bank

(Banks)

1,824

68,838

Cathay

General

Bancorp

(Banks)

1,380

62,721

Citigroup,

Inc.

(Banks)

700

70,861

Citizens

Financial

Group,

Inc.

(Banks)

1,312

66,741

Columbia

Banking

System,

Inc.

(Banks)

2,593

69,492

Comerica,

Inc.

(Banks)

982

75,124

Commerce

Bancshares,

Inc.

(Banks)

1,135

59,735

Community

Financial

System,

Inc.

(Banks)

1,143

63,414

Corebridge

Financial,

Inc

(Financial

Services)

2,048

66,683

Cullen/Frost

Bankers,

Inc.

(Banks)

539

66,372

Customers

Bancorp,

Inc.

\*

(Banks)

989

66,382

CVB

Financial

Corp.

(Banks)

3,344

61,429

East

West

Bancorp,

Inc.

(Banks)

630

64,008

Eastern

Bankshares,

Inc.

(Banks)

4,011

70,313

Enterprise

Financial

Services

Corp.

(Banks)

720

37,706

Equitable

Holdings,

Inc.

(Financial

Services)

1,289

63,677

Essent

Group,

Ltd.

(Financial

Services)

1,073

64,992

F.N.B.

Corp.

(Banks)

4,150

65,238

FB

Financial

Corp.

(Banks)

1,279

69,079

Fifth

Third

Bancorp

(Banks)

1,494

62,180

First

Bancorp

(Banks)

3,101

60,438

First

Busey

Corp.

(Banks)

2,456

54,916

First

Citizens

BancShares,

Inc.

-

Class

A

(Banks)

63,869

First

Financial

Bancorp

(Banks)

1,787

41,834

First

Financial

Bankshares,

Inc.

(Banks)

1,886

58,259

First

Hawaiian,

Inc.

(Banks)

2,659

65,225

First

Horizon

Corp.

(Banks)

2,997

64,025

First

Interstate

BancSystem,

Inc.

-

Class

A

(Banks)

2,116

66,125

First

Merchants

Corp.

(Banks)

1,229

43,605

Fulton

Financial

Corp.

(Banks)

3,528

61,281

Glacier

Bancorp,

Inc.

(Banks)

1,400

57,190

Hancock

Whitney

Corp.

(Banks)

1,076

61,450

Hilltop

Holdings,

Inc.

(Banks)

1,814

58,592

Home

BancShares,

Inc.

(Banks)

2,304

61,540

Huntington

Bancshares,

Inc.

(Banks)

3,849

59,429

Independent

Bank

Corp.

(Banks)

981

66,011

International

Bancshares

Corp.

(Banks)

921

61,136

Jackson

Financial,

Inc.

-

Class

A

(Financial

Services)

702

70,769

JPMorgan

Chase

&

Co.

(Banks)

70,313

KeyCorp

(Banks)

3,535

62,181

Lakeland

Financial

Corp.

(Banks)

663

37,824

M&T

Bank

Corp.

(Banks)

63,067

MGIC

Investment

Corp.

(Financial

Services)

2,396

65,698

NBT

Bancorp,

Inc.

(Banks)

884

35,775

New

York

Community

Bancorp,

Inc.

\*

(Banks)

5,387

61,520

NMI

Holdings,

Inc.

\*

-

Class

A

(Financial

Services)

1,715

62,477

Northern

Trust

Corp.

(Capital

Markets)

535

68,838

OFG

Bancorp

(Banks)

1,113

43,029

Old

National

Bancorp

(Banks)

3,023

61,760

Park

National

Corp.

(Banks)

42,004

Pathward

Financial,

Inc.

(Banks)

851

57,919

PennyMac

Financial

Services,

Inc.

(Financial

Services)

565

71,083

Pinnacle

Financial

Partners,

Inc.

(Banks)

696

59,306

Common

Stocks,

continued

Shares

Value

PNC

Financial

Services

Group,

Inc.

(Banks)

$

61,519

Popular,

Inc.

(Banks)

544

60,640

Prosperity

Bancshares,

Inc.

(Banks)

1,010

66,478

Provident

Financial

Services,

Inc.

(Banks)

2,681

49,035

Radian

Group,

Inc.

(Financial

Services)

1,947

66,081

Regions

Financial

Corp.

(Banks)

2,514

60,839

Renasant

Corp.

(Banks)

1,759

59,155

Rocket

Cos,

Inc.

\*

-

Class

A

(Financial

Services)

3,284

54,711

Seacoast

Banking

Corp.

of

Florida

(Banks)

2,206

66,842

ServisFirst

Bancshares,

Inc.

(Banks)

807

56,708

Simmons

First

National

Corp.

-

Class

A

(Banks)

3,311

57,545

SouthState

Bank

Corp.

(Banks)

670

59,396

Stock

Yards

Bancorp,

Inc.

(Banks)

553

35,956

Synovus

Financial

Corp.

(Banks)

1,323

59,059

Texas

Capital

Bancshares,

Inc.

\*

(Banks)

779

65,311

The

Bancorp,

Inc.

\*

(Banks)

894

58,441

The

Bank

of

New

York

Mellon

Corp.

(Capital

Markets)

654

70,587

Triumph

Financial,

Inc.

\*

(Banks)

927

50,484

Truist

Financial

Corp.

(Banks)

1,507

67,257

Trustmark

Corp.

(Banks)

1,225

45,595

U.S.

Bancorp

(Banks)

1,382

64,512

UMB

Financial

Corp.

(Banks)

557

59,532

United

Bankshares,

Inc.

(Banks)

1,797

64,315

United

Community

Banks,

Inc.

(Banks)

2,089

60,999

Valley

National

Bancorp

(Banks)

6,347

68,992

Voya

Financial,

Inc.

(Financial

Services)

898

66,865

Walker

&

Dunlop,

Inc.

(Financial

Services)

789

63,057

Washington

Federal,

Inc.

(Banks)

2,047

59,424

Webster

Financial

Corp.

(Banks)

1,103

62,915

Wells

Fargo

&

Co.

(Banks)

847

73,665

WesBanco,

Inc.

(Banks)

2,123

63,902

Western

Alliance

Bancorp

(Banks)

766

59,250

Wintrust

Financial

Corp.

(Banks)

64,490

WSFS

Financial

Corp.

(Banks)

1,207

62,873

Zions

Bancorp

N.A.

(Banks)

1,172

61,073

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $3,829,309)

6,234,867

Repurchase

Agreements

(a)(b) (21.6%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$1,712,187

$

1,712,000

1,712,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$1,712,000)

1,712,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$5,541,309)— 100.5%

7,946,867

Net

other

assets

(liabilities) —

(0.5)%

(36,348)

NET

ASSETS

—

100.0%

$

7,910,519

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$785,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Banks

UltraSector

ProFund

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Banks

Select

Industry

Index

Goldman

Sachs

International

11/24/25

4.62%

$

3,191,957

$

(11,334)

S&P

Banks

Select

Industry

Index

UBS

AG

11/24/25

4.67%

2,476,778

(12,368)

$5,668,735

$(23,702)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Banks

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Banks

$

5,316,075

67.2%

Capital

Markets

139,425

1.8%

Financial

Services

779,367

9.9%

Other

\*\*

1,675,652

21.1%

Total

$

7,910,519

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Bear

ProFund

Repurchase

Agreements

(a) (b) (97

.7

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$6,224,681

$

6,224,000

$

6,224,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$6,224,000)

6,224,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$6,224,000)— 97.7%

$

6,224,000

Net

other

assets

(liabilities)

—

.3

%

145,644

NET

ASSETS

—

100.0%

$

6,369,644

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$956,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Sold

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

E-mini

S&P

500

Futures

Contracts

12/22/25

$

(687,400)

$

(29,767)

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

500

Goldman

Sachs

International

11/28/25

(4.37)%

$

(2,619,797)

$

15,082

S&P

500

UBS

AG

11/28/25

(4.27)%

(3,050,729)

13,972

$(5,670,526)

$29,054

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Biotechnology

UltraSector

ProFund

Common

Stocks

(74.0%)

Shares

Value

AbbVie,

Inc.

(Biotechnology)

4,997

$

1,089,546

ACADIA

Pharmaceuticals,

Inc.

\*

(Biotechnology)

25,624

581,665

ADMA

Biologics,

Inc.

\*

(Biotechnology)

46,792

724,340

Agios

Pharmaceuticals,

Inc.

\*

(Biotechnology)

8,963

387,560

Akebia

Therapeutics,

Inc.

\*

(Biotechnology)

63,309

139,913

Akero

Therapeutics,

Inc.

\*

(Biotechnology)

17,715

960,153

Alkermes

PLC

\*

(Biotechnology)

23,636

725,625

Alnylam

Pharmaceuticals,

Inc.

\*

(Biotechnology)

2,253

1,027,458

Altimmune,

Inc.

\*

(Biotechnology)

20,521

83,110

Amgen,

Inc.

(Biotechnology)

3,797

1,133,139

Amicus

Therapeutics,

Inc.

\*

(Biotechnology)

49,758

449,315

AnaptysBio,

Inc.

\*

(Biotechnology)

3,953

144,601

Anavex

Life

Sciences

Corp.

\*(a)

(Biotechnology)

14,245

113,533

Apellis

Pharmaceuticals,

Inc.

\*

(Biotechnology)

22,119

474,895

Apogee

Therapeutics,

Inc.

\*

(Biotechnology)

8,644

489,164

Arbutus

Biopharma

Corp.

\*

(Biotechnology)

6,964

32,940

Arcellx,

Inc.

\*

(Biotechnology)

6,469

583,827

Arcturus

Therapeutics

Holdings,

Inc.

\*

(Biotechnology)

4,736

47,218

Arcus

Biosciences,

Inc.

\*

(Biotechnology)

9,151

180,458

Arcutis

Biotherapeutics,

Inc.

\*

(Biotechnology)

19,483

493,115

Ardelyx,

Inc.

\*

(Biotechnology)

41,356

250,617

ArriVent

Biopharma,

Inc.

\*(a)

(Biotechnology)

4,514

84,547

Arrowhead

Pharmaceuticals,

Inc.

\*

(Biotechnology)

15,027

636,995

ARS

Pharmaceuticals,

Inc.

\*

(Biotechnology)

16,082

144,095

aTyr

Pharma,

Inc.

\*

(Biotechnology)

22,415

19,411

Avidity

Biosciences,

Inc.

\*

(Biotechnology)

22,792

1,592,022

Beam

Therapeutics,

Inc.

\*

(Biotechnology)

18,019

450,655

BioCryst

Pharmaceuticals,

Inc.

\*

(Biotechnology)

48,522

355,181

Biogen,

Inc.

\*

(Biotechnology)

7,416

1,144,066

Biohaven,

Ltd.

\*

(Biotechnology)

21,490

369,628

BioMarin

Pharmaceutical,

Inc.

\*

(Biotechnology)

19,405

1,039,526

Bridgebio

Pharma,

Inc.

\*

(Biotechnology)

19,969

1,250,858

CareDx,

Inc.

\*

(Biotechnology)

12,153

182,295

Catalyst

Pharmaceuticals,

Inc.

\*

(Biotechnology)

20,633

438,864

Celcuity,

Inc.

\*

(Biotechnology)

1,058

81,635

Celldex

Therapeutics,

Inc.

\*

(Biotechnology)

12,804

342,251

CG

Oncology,

Inc.

\*

(Biotechnology)

8,104

350,660

Cidara

Therapeutics,

Inc.

\*

(Biotechnology)

4,135

451,707

Cogent

Biosciences,

Inc.

\*

(Biotechnology)

19,550

318,665

Compass

Therapeutics,

Inc.

\*

(Biotechnology)

9,323

34,868

CRISPR

Therapeutics

AG

\*

(Biotechnology)

20,272

1,297,205

Cullinan

Therapeutics,

Inc.

\*

(Biotechnology)

5,351

46,340

Cytokinetics,

Inc.

\*

(Biotechnology)

13,406

852,488

Day

One

Biopharmaceuticals,

Inc.

\*

(Biotechnology)

16,762

124,709

Denali

Therapeutics,

Inc.

\*

(Biotechnology)

24,028

391,176

Dianthus

Therapeutics,

Inc.

\*

(Biotechnology)

2,277

79,649

Disc

Medicine,

Inc.

\*

(Biotechnology)

4,901

422,564

Dynavax

Technologies

Corp.

\*

(Biotechnology)

21,574

221,349

Dyne

Therapeutics,

Inc.

\*

(Biotechnology)

28,012

632,511

Emergent

BioSolutions,

Inc.

\*

(Biotechnology)

12,379

154,490

Exact

Sciences

Corp.

\*

(Biotechnology)

19,309

1,249,099

Exelixis,

Inc.

\*

(Biotechnology)

28,052

1,084,771

Geron

Corp.

\*

(Biotechnology)

129,589

163,282

Gilead

Sciences,

Inc.

(Biotechnology)

9,176

1,099,193

GRAIL,

Inc.

\*

(Biotechnology)

5,651

519,496

Halozyme

Therapeutics,

Inc.

\*

(Biotechnology)

13,952

909,531

Ideaya

Biosciences,

Inc.

\*

(Biotechnology)

12,238

389,903

ImmunityBio,

Inc.

\*

(Biotechnology)

59,445

142,668

Immunome,

Inc.

\*

(Biotechnology)

11,363

182,603

Immunovant,

Inc.

\*

(Biotechnology)

13,383

330,292

Incyte

Corp.

\*

(Biotechnology)

12,261

1,146,158

Insmed,

Inc.

\*

(Biotechnology)

7,247

1,374,031

Intellia

Therapeutics,

Inc.

\*

(Biotechnology)

24,055

303,574

Ionis

Pharmaceuticals,

Inc.

\*

(Biotechnology)

16,524

1,227,733

Iovance

Biotherapeutics,

Inc.

\*

(Biotechnology)

63,454

125,004

Janux

Therapeutics,

Inc.

\*

(Biotechnology)

10,011

287,416

KalVista

Pharmaceuticals,

Inc.

\*

(Biotechnology)

7,593

82,840

Common

Stocks,

continued

Shares

Value

Keros

Therapeutics,

Inc.

\*

(Biotechnology)

5,789

$

88,109

Krystal

Biotech,

Inc.

\*

(Biotechnology)

4,551

898,868

Kura

Oncology,

Inc.

\*

(Biotechnology)

14,875

152,766

Kymera

Therapeutics,

Inc.

\*

(Biotechnology)

8,973

554,890

Madrigal

Pharmaceuticals,

Inc.

\*

(Biotechnology)

2,459

1,030,075

Mannkind

Corp.

\*

(Biotechnology)

27,516

153,814

Metsera,

Inc.

\*(a)

(Biotechnology)

13,593

856,903

MiMedx

Group,

Inc.

\*

(Biotechnology)

8,703

66,578

Mineralys

Therapeutics,

Inc.

\*

(Biotechnology)

4,163

170,100

Mirum

Pharmaceuticals,

Inc.

\*

(Biotechnology)

4,352

316,173

Moderna,

Inc.

\*

(Biotechnology)

43,503

1,181,541

Myriad

Genetics,

Inc.

\*

(Biotechnology)

14,818

119,137

Natera,

Inc.

\*

(Biotechnology)

6,229

1,239,135

Neurocrine

Biosciences,

Inc.

\*

(Biotechnology)

7,487

1,072,213

Novavax,

Inc.

\*(a)

(Biotechnology)

33,960

285,264

Nurix

Therapeutics,

Inc.

\*

(Biotechnology)

12,146

157,169

Nuvalent,

Inc.

\*

-

Class

A

(Biotechnology)

6,304

626,113

ORIC

Pharmaceuticals,

Inc.

\*

(Biotechnology)

11,245

147,984

Oruka

Therapeutics

Inc

\*

(Biotechnology)

1,680

47,326

Praxis

Precision

Medicines,

Inc.

\*

(Biotechnology)

4,936

981,079

Precigen,

Inc.

\*(a)

(Biotechnology)

13,496

55,873

Protagonist

Therapeutics,

Inc.

\*

(Biotechnology)

9,831

772,913

PTC

Therapeutics,

Inc.

\*

(Biotechnology)

13,270

906,474

Recursion

Pharmaceuticals,

Inc.

\*

-

Class

A

(Biotechnology)

98,561

544,057

Regeneron

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,903

1,240,375

REGENXBIO,

Inc.

\*

(Biotechnology)

8,653

110,499

Relay

Therapeutics,

Inc.

\*

(Biotechnology)

19,914

142,186

Replimune

Group,

Inc.

\*

(Biotechnology)

14,267

138,818

REVOLUTION

Medicines,

Inc.

\*

(Biotechnology)

23,627

1,390,214

Rezolute,

Inc.

\*

(Biotechnology)

6,948

64,755

Rhythm

Pharmaceuticals,

Inc.

\*

(Biotechnology)

7,322

832,951

Rigel

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,797

56,749

Roivant

Sciences,

Ltd.

\*

(Biotechnology)

61,544

1,230,265

Sana

Biotechnology,

Inc.

\*(a)

(Biotechnology)

35,208

174,280

Sarepta

Therapeutics,

Inc.

\*

(Biotechnology)

23,010

552,470

Scholar

Rock

Holding

Corp.

\*

(Biotechnology)

18,579

550,310

Soleno

Therapeutics,

Inc.

\*

(Biotechnology)

12,150

815,994

Spyre

Therapeutics,

Inc.

\*

(Biotechnology)

7,839

191,742

Stoke

Therapeutics,

Inc.

\*

(Biotechnology)

4,641

139,416

Summit

Therapeutics,

Inc.

\*(a)

(Biotechnology)

44,562

842,667

Syndax

Pharmaceuticals,

Inc.

\*

(Biotechnology)

18,633

255,272

Tango

Therapeutics,

Inc.

\*

(Biotechnology)

19,092

154,836

Taysha

Gene

Therapies,

Inc.

\*

(Biotechnology)

31,503

156,255

TG

Therapeutics,

Inc.

\*

(Biotechnology)

27,860

968,971

Travere

Therapeutics,

Inc.

\*

(Biotechnology)

11,857

416,892

Twist

Bioscience

Corp.

\*

(Biotechnology)

15,013

493,778

Ultragenyx

Pharmaceutical,

Inc.

\*

(Biotechnology)

20,559

711,341

uniQure

N.V.

\*

(Biotechnology)

10,886

736,873

United

Therapeutics

Corp.

\*

(Biotechnology)

2,667

1,187,962

Upstream

Bio,

Inc.

\*

(Biotechnology)

4,535

117,230

Vaxcyte,

Inc.

\*

(Biotechnology)

19,630

888,846

Vera

Therapeutics,

Inc.

\*

(Biotechnology)

11,495

327,148

Veracyte,

Inc.

\*

(Biotechnology)

12,417

448,005

Verastem,

Inc.

\*

(Biotechnology)

12,068

114,043

Vericel

Corp.

\*

(Biotechnology)

9,089

318,660

Vertex

Pharmaceuticals,

Inc.

\*

(Biotechnology)

2,722

1,158,402

Viking

Therapeutics,

Inc.

\*

(Biotechnology)

26,196

997,544

Vir

Biotechnology,

Inc.

\*

(Biotechnology)

15,081

89,883

Viridian

Therapeutics,

Inc.

\*

(Biotechnology)

8,942

211,299

Xencor,

Inc.

\*

(Biotechnology)

9,181

135,053

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $45,949,909)

65,026,734

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Biotechnology

UltraSector

ProFund

Rights

(NM)

Eli

Lilly

&

Company

†CVR

(Biotechnology)

9,511

5,992

TOTAL

RIGHTS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$5,992)

5,992

Repurchase

Agreements

(b)(c) (22.6%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$19,825,170

$

19,823,000

$

19,823,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$19,823,000)

19,823,000

Collateral

for

Securities

Loaned

(d) (2.1%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(e) 1,818,030

1,818,030

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,818,030)

1,818,030

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$67,596,931)— 98.7%

$

86,673,756

Net

other

assets

(liabilities) —

1.3%

1,163,037

NET

ASSETS

—

100.0%

$

87,836,793

\*

Non-income

producing

security.

†

These

securities

were

fair

valued

based

on

procedures

approved

by

the

Board

of

Trustees.

As

of

October

31,

2025,

these

securities

represented

less

than

0.05%

of

the

net

assets

of

the

Fund.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$1,903,595.

(b) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$11,599,000.

(c) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(d) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (e) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. CVR

Contingent

Value

Rights

NM

Not

meaningful,

amount

is

less

than

0.05%

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Biotechnology

Select

Industry

Index

Goldman

Sachs

International

11/24/25

4.62%

$

34,702,644

$

1,437,898

S&P

Biotechnology

Select

Industry

Index

UBS

AG

11/24/25

4.67%

31,898,656

1,404,565

$66,601,300

$2,842,463

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Biotechnology

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Biotechnology

$

65,032,726

74.0%

Other

\*\*

22,804,067

26.0%

Total

$

87,836,793

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Bull

ProFund

Common

Stocks

(75

.9

%)

Shares

Value

3M

Co.

(Industrial

Conglomerates)

$

60,606

A.O.

Smith

Corp.

(Building

Products)

5,147

Abbott

Laboratories

(Health

Care

Equipment

&

Supplies)

1,190

147,108

AbbVie,

Inc.

(Biotechnology)

1,209

263,611

Accenture

PLC

-

Class

A

(IT

Services)

106,542

Adobe,

Inc.

\*

(Software)

98,690

Advanced

Micro

Devices,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,110

284,293

Aflac,

Inc.

(Insurance)

35,373

Agilent

Technologies,

Inc.

(Life

Sciences

Tools

&

Services)

28,540

Air

Products

&

Chemicals,

Inc.

(Chemicals)

37,116

Airbnb,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

37,203

Akamai

Technologies,

Inc.

\*

(IT

Services)

7,360

Albemarle

Corp.

(Chemicals)

7,858

Alexandria

Real

Estate

Equities,

Inc.

(Office

REITs)

6,171

Align

Technology,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

6,480

Allegion

PLC

(Building

Products)

9,946

Alliant

Energy

Corp.

(Electric

Utilities)

11,760

Allstate

Corp.

(Insurance)

34,474

Alphabet,

Inc.

-

Class

A

(Interactive

Media

&

Services)

3,980

1,119,137

Alphabet,

Inc.

-

Class

C

(Interactive

Media

&

Services)

3,194

900,133

Altria

Group,

Inc.

(Tobacco)

1,150

64,837

Amazon.com,

Inc.

\*

(Broadline

Retail)

6,639

1,621,376

Amcor

PLC

(Containers

&

Packaging)

1,575

12,443

Ameren

Corp.

(Multi-Utilities)

18,874

American

Electric

Power

Co.,

Inc.

(Electric

Utilities)

43,895

American

Express

Co.

(Consumer

Finance)

134,191

American

International

Group,

Inc.

(Insurance)

29,926

American

Tower

Corp.

-

Class

A

(Specialized

REITs)

57,274

American

Water

Works

Co.,

Inc.

(Water

Utilities)

17,081

Ameriprise

Financial,

Inc.

(Capital

Markets)

28,977

AMETEK,

Inc.

(Electrical

Equipment)

31,731

Amgen,

Inc.

(Biotechnology)

109,822

Amphenol

Corp.

-

Class

A

(Electronic

Equipment,

Instruments

&

Components)

835

116,349

Analog

Devices,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

79,370

Aon

PLC

-

Class

A

(Insurance)

50,080

APA

Corp.

(Oil,

Gas

&

Consumable

Fuels)

5,527

Apollo

Global

Management,

Inc.

(Financial

Services)

39,033

Apple,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

10,153

2,745,066

Applied

Materials,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

549

127,972

AppLovin

Corp.

\*

-

Class

A

(Software)

117,906

Aptiv

PLC

\*

(Automobile

Components)

12,003

Arch

Capital

Group,

Ltd.

(Insurance)

22,009

Archer-Daniels-Midland

Co.

(Food

Products)

19,855

Arista

Networks,

Inc.

\*

(Communications

Equipment)

704

111,014

Arthur

J. Gallagher

&

Co.

(Insurance)

43,910

Assurant,

Inc.

(Insurance)

7,198

AT&T,

Inc.

(Diversified

Telecommunication

Services)

4,891

121,052

Atmos

Energy

Corp.

(Gas

Utilities)

18,717

Autodesk,

Inc.

\*

(Software)

43,996

Automatic

Data

Processing,

Inc.

(Professional

Services)

72,102

AutoZone,

Inc.

\*

(Specialty

Retail)

40,419

AvalonBay

Communities,

Inc.

(Residential

REITs)

17,044

Avery

Dennison

Corp.

(Containers

&

Packaging)

9,269

Axon

Enterprise,

Inc.

\*

(Aerospace

&

Defense)

39,540

Baker

Hughes

Co.

(Energy

Equipment

&

Services)

675

32,677

Ball

Corp.

(Containers

&

Packaging)

8,742

Bank

of

America

Corp.

(Banks)

4,660

249,076

Baxter

International,

Inc.

(Health

Care

Equipment

&

Supplies)

6,483

Common

Stocks,

continued

Shares

Value

Becton,

Dickinson

&

Co.

(Health

Care

Equipment

&

Supplies)

$

34,848

Berkshire

Hathaway,

Inc.

\*

-

Class

B

(Financial

Services)

1,255

599,314

Best

Buy

Co.,

Inc.

(Specialty

Retail)

11,089

Biogen,

Inc.

\*

(Biotechnology)

15,581

Bio-Techne

Corp.

(Life

Sciences

Tools

&

Services)

6,695

BlackRock,

Inc.

(Capital

Markets)

107,198

Blackstone,

Inc.

(Capital

Markets)

504

73,907

Block,

Inc.

\*

(Financial

Services)

28,553

Booking

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

111,710

Boston

Properties,

Inc.

(Office

REITs)

7,191

Boston

Scientific

Corp.

\*

(Health

Care

Equipment

&

Supplies)

1,013

102,029

Bristol-Myers

Squibb

Co.

(Pharmaceuticals)

1,392

64,129

Broadcom,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

3,218

1,189,469

Broadridge

Financial

Solutions,

Inc.

(Professional

Services)

17,412

Brown

&

Brown,

Inc.

(Insurance)

15,948

Brown-Forman

Corp.

-

Class

B

(Beverages)

3,295

Builders

FirstSource,

Inc.

\*

(Building

Products)

8,829

Bunge

Global

SA

(Food

Products)

8,987

C.H.

Robinson

Worldwide,

Inc.

(Air

Freight

&

Logistics)

12,319

Cadence

Design

Systems,

Inc.

\*

(Software)

62,996

Camden

Property

Trust

(Residential

REITs)

7,262

Campbell

Soup

Co.

(Food

Products)

4,037

Capital

One

Financial

Corp.

(Consumer

Finance)

96,356

Cardinal

Health,

Inc.

(Health

Care

Providers

&

Services)

31,286

Carnival

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

742

21,392

Carrier

Global

Corp.

(Building

Products)

547

32,541

Caterpillar,

Inc.

(Machinery)

184,723

Cboe

Global

Markets,

Inc.

(Capital

Markets)

17,686

CBRE

Group,

Inc.

\*

-

Class

A

(Real

Estate

Management

&

Development)

30,486

CDW

Corp.

(Electronic

Equipment,

Instruments

&

Components)

14,343

Cencora,

Inc.

(Health

Care

Providers

&

Services)

44,929

Centene

Corp.

\*

(Health

Care

Providers

&

Services)

11,248

CenterPoint

Energy,

Inc.

(Multi-Utilities)

17,017

CF

Industries

Holdings,

Inc.

(Chemicals)

9,245

Charles

River

Laboratories

International,

Inc.

\*

(Life

Sciences

Tools

&

Services)

5,942

Charter

Communications,

Inc.

\*

-

Class

A

(Media)

14,966

Chevron

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,318

207,875

Chipotle

Mexican

Grill,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

917

29,060

Chubb,

Ltd.

(Insurance)

70,343

Church

&

Dwight

Co.,

Inc.

(Household

Products)

14,644

Cincinnati

Financial

Corp.

(Insurance)

16,541

Cintas

Corp.

(Commercial

Services

&

Supplies)

42,885

Cisco

Systems,

Inc.

(Communications

Equipment)

2,709

198,055

Citigroup,

Inc.

(Banks)

1,259

127,449

Citizens

Financial

Group,

Inc.

(Banks)

15,058

CME

Group,

Inc.

(Capital

Markets)

65,311

CMS

Energy

Corp.

(Multi-Utilities)

15,151

Cognizant

Technology

Solutions

Corp.

-

Class

A

(IT

Services)

24,415

Coinbase

Global,

Inc.

\*

-

Class

A

(Capital

Markets)

53,286

Colgate-Palmolive

Co.

(Household

Products)

554

42,686

Comcast

Corp.

-

Class

A

(Media)

2,519

70,115

Conagra

Brands,

Inc.

(Food

Products)

5,604

ConocoPhillips

(Oil,

Gas

&

Consumable

Fuels)

855

75,975

Consolidated

Edison,

Inc.

(Multi-Utilities)

24,060

Constellation

Brands,

Inc.

-

Class

A

(Beverages)

13,007

Constellation

Energy

Corp.

(Electric

Utilities)

81,054

Copart,

Inc.

\*

(Commercial

Services

&

Supplies)

610

26,236

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Bull

ProFund

Common

Stocks,

continued

Shares

Value

Corning,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

533

$

47,480

Corpay,

Inc.

\*

(Software)

12,497

Corteva,

Inc.

(Chemicals)

28,508

CoStar

Group,

Inc.

\*

(Real

Estate

Management

&

Development)

19,955

Costco

Wholesale

Corp.

(Consumer

Staples

Distribution

&

Retail)

275,258

Coterra

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

521

12,327

Crowdstrike

Holdings,

Inc.

\*

-

Class

A

(Software)

92,312

Crown

Castle

International

Corp.

(Specialized

REITs)

26,976

CSX

Corp.

(Ground

Transportation)

1,275

45,926

Cummins,

Inc.

(Machinery)

41,142

CVS

Health

Corp.

(Health

Care

Providers

&

Services)

867

67,756

D.R.

Horton,

Inc.

(Household

Durables)

28,474

Danaher

Corp.

(Life

Sciences

Tools

&

Services)

94,121

Darden

Restaurants,

Inc.

(Hotels,

Restaurants

&

Leisure)

14,232

Datadog,

Inc.

\*

-

Class

A

(Software)

36,144

DaVita,

Inc.

\*

(Health

Care

Providers

&

Services)

2,976

Dayforce,

Inc.

\*

(Professional

Services)

7,424

Deckers

Outdoor

Corp.

\*

(Textiles,

Apparel

&

Luxury

Goods)

8,313

Deere

&

Co.

(Machinery)

78,939

Dell

Technologies,

Inc.

-

Class

C

(Technology

Hardware,

Storage

&

Peripherals)

33,536

Delta

Air

Lines,

Inc.

(Passenger

Airlines)

25,477

Devon

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

14,068

Dexcom,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

15,603

Diamondback

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

18,472

Digital

Realty

Trust,

Inc.

(Specialized

REITs)

37,320

Dollar

General

Corp.

(Consumer

Staples

Distribution

&

Retail)

14,799

Dollar

Tree,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

13,084

Dominion

Energy,

Inc.

(Multi-Utilities)

583

34,216

Domino's

Pizza,

Inc.

(Hotels,

Restaurants

&

Leisure)

8,766

DoorDash,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

64,610

Dover

Corp.

(Machinery)

17,057

Dow,

Inc.

(Chemicals)

11,543

DTE

Energy

Co.

(Multi-Utilities)

19,111

Duke

Energy

Corp.

(Electric

Utilities)

532

66,128

DuPont

de

Nemours,

Inc.

(Chemicals)

23,352

Eastman

Chemical

Co.

(Chemicals)

4,643

Eaton

Corp.

PLC

(Electrical

Equipment)

101,113

eBay,

Inc.

(Broadline

Retail)

25,450

Ecolab,

Inc.

(Chemicals)

45,126

Edison

International

(Electric

Utilities)

14,510

Edwards

LifeSciences

Corp.

\*

(Health

Care

Equipment

&

Supplies)

33,145

Electronic

Arts,

Inc.

(Entertainment)

30,809

Elevance

Health,

Inc.

(Health

Care

Providers

&

Services)

48,849

Eli

Lilly

&

Co.

(Pharmaceuticals)

543

468,533

EMCOR

Group,

Inc.

(Construction

&

Engineering)

20,273

Emerson

Electric

Co.

(Electrical

Equipment)

53,734

Entergy

Corp.

(Electric

Utilities)

29,404

EOG

Resources,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

39,478

EPAM

Systems,

Inc.

\*

(IT

Services)

6,215

EQT

Corp.

(Oil,

Gas

&

Consumable

Fuels)

22,879

Equifax,

Inc.

(Professional

Services)

17,944

Equinix,

Inc.

(Specialized

REITs)

56,683

Equity

Residential

(Residential

REITs)

14,087

Erie

Indemnity

Co.

-

Class

A

(Insurance)

4,975

Common

Stocks,

continued

Shares

Value

Essex

Property

Trust,

Inc.

(Residential

REITs)

$

11,078

Everest

Group,

Ltd.

(Insurance)

9,121

Evergy,

Inc.

(Electric

Utilities)

12,136

Eversource

Energy

(Electric

Utilities)

18,748

Exelon

Corp.

(Electric

Utilities)

690

31,823

Expand

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

16,840

Expedia

Group,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

17,600

Expeditors

International

of

Washington,

Inc.

(Air

Freight

&

Logistics)

11,337

Extra

Space

Storage,

Inc.

(Specialized

REITs)

19,363

Exxon

Mobil

Corp.

(Oil,

Gas

&

Consumable

Fuels)

2,917

333,587

F5,

Inc.

\*

(Communications

Equipment)

9,869

FactSet

Research

Systems,

Inc.

(Capital

Markets)

6,670

Fair

Isaac

Corp.

\*

(Software)

26,552

Fastenal

Co.

(Trading

Companies

&

Distributors)

784

32,262

Federal

Realty

Investment

Trust

(Retail

REITs)

5,194

FedEx

Corp.

(Air

Freight

&

Logistics)

37,565

Fidelity

National

Information

Services,

Inc.

(Financial

Services)

22,257

Fifth

Third

Bancorp

(Banks)

18,854

First

Horizon

Corp.

(Banks)

—

(a) 8

First

Solar,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

19,487

FirstEnergy

Corp.

(Electric

Utilities)

16,224

Fiserv,

Inc.

\*

(Financial

Services)

24,809

Ford

Motor

Co.

(Automobiles)

2,673

35,096

Fortinet,

Inc.

\*

(Software)

38,461

Fortive

Corp.

(Machinery)

11,629

Fox

Corp.

-

Class

A

(Media)

9,245

Fox

Corp.

-

Class

B

(Media)

5,257

Franklin

Resources,

Inc.

(Capital

Markets)

4,748

Freeport-McMoRan,

Inc.

(Metals

&

Mining)

983

40,991

Garmin,

Ltd.

(Household

Durables)

24,175

Gartner,

Inc.

\*

(IT

Services)

12,914

GE

HealthCare

Technologies,

Inc.

(Health

Care

Equipment

&

Supplies)

23,459

GE

Vernova,

Inc.

(Electrical

Equipment)

108,837

Gen

Digital,

Inc.

(Software)

10,122

Generac

Holdings,

Inc.

\*

(Electrical

Equipment)

6,721

General

Dynamics

Corp.

(Aerospace

&

Defense)

59,323

General

Electric

Co.

(Industrial

Conglomerates)

726

224,298

General

Mills,

Inc.

(Food

Products)

17,059

General

Motors

Co.

(Automobiles)

652

45,047

Genuine

Parts

Co.

(Distributors)

11,968

Gilead

Sciences,

Inc.

(Biotechnology)

848

101,582

Global

Payments,

Inc.

(Financial

Services)

12,986

Globe

Life,

Inc.

(Insurance)

7,233

GoDaddy,

Inc.

\*

-

Class

A

(IT

Services)

12,514

Halliburton

Co.

(Energy

Equipment

&

Services)

582

15,621

Hasbro,

Inc.

(Leisure

Products)

6,944

HCA

Healthcare,

Inc.

(Health

Care

Providers

&

Services)

51,944

Healthpeak

Properties,

Inc.

(Health

Care

REITs)

8,508

Henry

Schein,

Inc.

\*

(Health

Care

Providers

&

Services)

4,361

Hewlett

Packard

Enterprise

Co.

(Technology

Hardware,

Storage

&

Peripherals)

897

21,905

Hilton

Worldwide

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

41,114

Hologic,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

11,234

Honeywell

International,

Inc.

(Industrial

Conglomerates)

87,176

Hormel

Foods

Corp.

(Food

Products)

4,296

Host

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

7,001

Howmet

Aerospace,

Inc.

(Aerospace

&

Defense)

56,842

HP,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

642

17,764

Hubbell,

Inc.

(Electrical

Equipment)

17,390

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Bull

ProFund

Common

Stocks,

continued

Shares

Value

Humana,

Inc.

(Health

Care

Providers

&

Services)

$

23,090

Huntington

Bancshares,

Inc.

(Banks)

1,001

15,455

Huntington

Ingalls

Industries,

Inc.

(Aerospace

&

Defense)

8,373

IDEX

Corp.

(Machinery)

8,916

IDEXX

Laboratories,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

34,623

Illinois

Tool

Works,

Inc.

(Machinery)

44,393

Incyte

Corp.

\*

(Biotechnology)

10,563

Ingersoll

Rand,

Inc.

(Machinery)

18,854

Insulet

Corp.

\*

(Health

Care

Equipment

&

Supplies)

15,024

Intel

Corp.

(Semiconductors

&

Semiconductor

Equipment)

2,995

119,770

Interactive

Brokers

Group,

Inc.

-

Class

A

(Capital

Markets)

21,530

Intercontinental

Exchange,

Inc.

(Capital

Markets)

57,346

International

Business

Machines

Corp.

(IT

Services)

638

196,127

International

Flavors

&

Fragrances,

Inc.

(Chemicals)

11,083

International

Paper

Co.

(Containers

&

Packaging)

13,950

Intuit,

Inc.

(Software)

128,170

Intuitive

Surgical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

130,899

Invesco,

Ltd.

(Capital

Markets)

7,205

Invitation

Homes,

Inc.

(Residential

REITs)

10,838

IQVIA

Holdings,

Inc.

\*

(Life

Sciences

Tools

&

Services)

25,109

Iron

Mountain,

Inc.

(Specialized

REITs)

20,899

J.B.

Hunt

Transport

Services,

Inc.

(Ground

Transportation)

8,781

Jabil,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

16,125

Jack

Henry

&

Associates,

Inc.

(Financial

Services)

7,298

Jacobs

Solutions,

Inc.

(Professional

Services)

12,776

Johnson

&

Johnson

(Pharmaceuticals)

1,647

311,069

Johnson

Controls

International

PLC

(Building

Products)

51,247

JPMorgan

Chase

&

Co.

(Banks)

1,881

585,216

Kellanova

(Food

Products)

15,283

Kenvue,

Inc.

(Personal

Care

Products)

1,312

18,854

Keurig

Dr

Pepper,

Inc.

(Beverages)

928

25,204

KeyCorp

(Banks)

636

11,187

Keysight

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

21,406

Kimberly-Clark

Corp.

(Household

Products)

27,054

Kimco

Realty

Corp.

(Retail

REITs)

9,566

Kinder

Morgan,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,337

35,016

KKR

&

Co.,

Inc.

(Capital

Markets)

55,497

KLA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

109,995

L3Harris

Technologies,

Inc.

(Aerospace

&

Defense)

37,294

Labcorp

Holdings,

Inc.

(Health

Care

Providers

&

Services)

14,222

Lam

Research

Corp.

(Semiconductors

&

Semiconductor

Equipment)

866

136,361

Lamb

Weston

Holdings,

Inc.

(Food

Products)

5,864

Las

Vegas

Sands

Corp.

(Hotels,

Restaurants

&

Leisure)

12,523

Leidos

Holdings,

Inc.

(Professional

Services)

16,571

Lennar

Corp.

-

Class

A

(Household

Durables)

19,308

Lennox

International,

Inc.

(Building

Products)

11,110

Linde

PLC

(Chemicals)

134,692

Live

Nation

Entertainment,

Inc.

\*

(Entertainment)

16,149

LKQ

Corp.

(Distributors)

5,593

Lockheed

Martin

Corp.

(Aerospace

&

Defense)

69,355

Loews

Corp.

(Insurance)

11,549

Lowe's

Cos.,

Inc.

(Specialty

Retail)

91,680

Lululemon

Athletica,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

12,961

Common

Stocks,

continued

Shares

Value

LyondellBasell

Industries

N.V.

-

Class

A

(Chemicals)

$

8,124

M&T

Bank

Corp.

(Banks)

19,674

Marathon

Petroleum

Corp.

(Oil,

Gas

&

Consumable

Fuels)

40,541

Marriott

International,

Inc.

-

Class

A

(Hotels,

Restaurants

&

Leisure)

40,288

Marsh

&

McLennan

Cos.,

Inc.

(Insurance)

60,037

Martin

Marietta

Materials,

Inc.

(Construction

Materials)

24,524

Masco

Corp.

(Building

Products)

9,325

MasterCard,

Inc.

-

Class

A

(Financial

Services)

565

311,874

Match

Group,

Inc.

(Interactive

Media

&

Services)

5,271

McCormick

&

Co.,

Inc.

(Food

Products)

11,100

McDonald's

Corp.

(Hotels,

Restaurants

&

Leisure)

145,633

McKesson

Corp.

(Health

Care

Providers

&

Services)

69,775

Medtronic

PLC

(Health

Care

Equipment

&

Supplies)

878

79,635

Merck

&

Co.,

Inc.

(Pharmaceuticals)

1,708

146,854

Meta

Platforms,

Inc.

-

Class

A

(Interactive

Media

&

Services)

1,483

961,503

MetLife,

Inc.

(Insurance)

30,491

Mettler-Toledo

International,

Inc.

\*

(Life

Sciences

Tools

&

Services)

19,828

MGM

Resorts

International

\*

(Hotels,

Restaurants

&

Leisure)

4,452

Microchip

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

23,033

Micron

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

766

171,408

Microsoft

Corp.

(Software)

5,085

2,633,063

Mid-America

Apartment

Communities,

Inc.

(Residential

REITs)

10,130

Moderna,

Inc.

\*

(Biotechnology)

6,437

Mohawk

Industries,

Inc.

\*

(Household

Durables)

4,205

Molina

Healthcare,

Inc.

\*

(Health

Care

Providers

&

Services)

5,663

Molson

Coors

Beverage

Co.

-

Class

B

(Beverages)

5,028

Mondelez

International,

Inc.

-

Class

A

(Food

Products)

885

50,853

Monolithic

Power

Systems,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

33,165

Monster

Beverage

Corp.

\*

(Beverages)

32,546

Moody's

Corp.

(Capital

Markets)

50,912

Morgan

Stanley

(Capital

Markets)

831

136,283

Motorola

Solutions,

Inc.

(Communications

Equipment)

46,365

MSCI,

Inc.

(Capital

Markets)

31,193

Nasdaq,

Inc.

(Capital

Markets)

26,502

NetApp,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

16,254

Netflix,

Inc.

\*

(Entertainment)

325,588

Newmont

Corp.

(Metals

&

Mining)

751

60,809

News

Corp.

-

Class

A

(Media)

6,784

News

Corp.

-

Class

B

(Media)

2,316

NextEra

Energy,

Inc.

(Electric

Utilities)

1,410

114,773

NIKE,

Inc.

-

Class

B

(Textiles,

Apparel

&

Luxury

Goods)

812

52,448

NiSource,

Inc.

(Multi-Utilities)

13,559

Nordson

Corp.

(Machinery)

8,582

Norfolk

Southern

Corp.

(Ground

Transportation)

43,641

Northern

Trust

Corp.

(Capital

Markets)

16,856

Northrop

Grumman

Corp.

(Aerospace

&

Defense)

53,677

Norwegian

Cruise

Lines

Holdings,

Ltd.

\*

(Hotels,

Restaurants

&

Leisure)

6,905

NRG

Energy,

Inc.

(Electric

Utilities)

22,686

Nucor

Corp.

(Metals

&

Mining)

23,408

NVIDIA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

16,692

3,379,962

NVR,

Inc.

\*

(Household

Durables)

14,422

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Bull

ProFund

Common

Stocks,

continued

Shares

Value

NXP

Semiconductors

N.V.

(Semiconductors

&

Semiconductor

Equipment)

$

35,969

Occidental

Petroleum

Corp.

(Oil,

Gas

&

Consumable

Fuels)

20,229

Old

Dominion

Freight

Line,

Inc.

(Ground

Transportation)

17,693

Omnicom

Group,

Inc.

(Media)

9,903

ON

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

14,022

ONEOK,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

28,810

Oracle

Corp.

(Software)

1,133

297,537

O'Reilly

Automotive,

Inc.

\*

(Specialty

Retail)

581

54,870

Otis

Worldwide

Corp.

(Machinery)

24,952

PACCAR,

Inc.

(Machinery)

35,424

Packaging

Corp.

of

America

(Containers

&

Packaging)

11,941

Palantir

Technologies,

Inc.

\*

-

Class

A

(Software)

1,557

312,132

Palo

Alto

Networks,

Inc.

\*

(Software)

100,650

Paramount

Skydance

Corp.

\*(b)

-

Class

B

(Media)

3,217

Parker-Hannifin

Corp.

(Machinery)

67,236

Paychex,

Inc.

(Professional

Services)

25,981

Paycom

Software,

Inc.

(Professional

Services)

6,361

PayPal

Holdings,

Inc.

\*

(Financial

Services)

653

45,233

Pentair

PLC

(Machinery)

12,018

PepsiCo,

Inc.

(Beverages)

936

136,740

Pfizer,

Inc.

(Pharmaceuticals)

3,889

95,864

PG&E

Corp.

(Electric

Utilities)

1,502

23,972

Philip

Morris

International,

Inc.

(Tobacco)

1,065

153,711

Phillips

(Oil,

Gas

&

Consumable

Fuels)

37,575

Pinnacle

West

Capital

Corp.

(Electric

Utilities)

7,259

PNC

Financial

Services

Group,

Inc.

(Banks)

49,289

Pool

Corp.

(Distributors)

6,142

PPG

Industries,

Inc.

(Chemicals)

15,151

PPL

Corp.

(Electric

Utilities)

505

18,443

Principal

Financial

Group,

Inc.

(Insurance)

11,682

Prologis,

Inc.

(Industrial

REITs)

635

78,797

Prudential

Financial,

Inc.

(Insurance)

25,064

PTC,

Inc.

\*

(Software)

16,280

Public

Service

Enterprise

Group,

Inc.

(Multi-Utilities)

27,471

Public

Storage

(Specialized

REITs)

30,084

PulteGroup,

Inc.

(Household

Durables)

16,063

QUALCOMM,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

739

133,685

Quanta

Services,

Inc.

(Construction

&

Engineering)

45,812

Quest

Diagnostics,

Inc.

(Health

Care

Providers

&

Services)

13,548

Ralph

Lauren

Corp.

(Textiles,

Apparel

&

Luxury

Goods)

8,311

Raymond

James

Financial,

Inc.

(Capital

Markets)

19,199

Raytheon

Technologies

Corp.

(Aerospace

&

Defense)

917

163,684

Realty

Income

Corp.

(Retail

REITs)

625

36,238

Regency

Centers

Corp.

(Retail

REITs)

7,791

Regeneron

Pharmaceuticals,

Inc.

\*

(Biotechnology)

44,974

Regions

Financial

Corp.

(Banks)

609

14,738

Republic

Services,

Inc.

(Commercial

Services

&

Supplies)

28,945

ResMed,

Inc.

(Health

Care

Equipment

&

Supplies)

24,688

Revvity,

Inc.

(Life

Sciences

Tools

&

Services)

7,394

Robinhood

Markets,

Inc.

\*

-

Class

A

(Capital

Markets)

530

77,793

Rockwell

Automation,

Inc.

(Electrical

Equipment)

28,364

Rollins,

Inc.

(Commercial

Services

&

Supplies)

11,061

Roper

Technologies,

Inc.

(Software)

32,569

Ross

Stores,

Inc.

(Specialty

Retail)

35,439

Royal

Caribbean

Cruises,

Ltd.

\*

(Hotels,

Restaurants

&

Leisure)

49,335

S&P

Global,

Inc.

(Capital

Markets)

104,750

Salesforce,

Inc.

(Software)

654

170,308

Common

Stocks,

continued

Shares

Value

SBA

Communications

Corp.

-

Class

A

(Specialized

REITs)

$

13,978

Seagate

Technology

Holdings

PLC

(Technology

Hardware,

Storage

&

Peripherals)

37,103

Sempra

(Multi-Utilities)

41,006

ServiceNow,

Inc.

\*

(Software)

130,538

Simon

Property

Group,

Inc.

(Retail

REITs)

39,194

Skyworks

Solutions,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

7,850

SLB

Ltd.

(Energy

Equipment

&

Services)

1,020

36,781

Smurfit

WestRock

PLC

(Containers

&

Packaging)

13,180

Snap-on,

Inc.

(Machinery)

12,415

Solstice

Advanced

Materials,

Inc.

\*

(Chemicals)

4,879

Solventum

Corp.

\*

(Health

Care

Equipment

&

Supplies)

6,973

Southwest

Airlines

Co.

(Passenger

Airlines)

10,847

Stanley

Black

&

Decker,

Inc.

(Machinery)

7,111

Starbucks

Corp.

(Hotels,

Restaurants

&

Leisure)

777

62,836

State

Street

Corp.

(Capital

Markets)

22,438

Steel

Dynamics,

Inc.

(Metals

&

Mining)

14,739

STERIS

PLC

(Health

Care

Equipment

&

Supplies)

16,028

Stryker

Corp.

(Health

Care

Equipment

&

Supplies)

84,073

Super

Micro

Computer,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

17,822

Synchrony

Financial

(Consumer

Finance)

18,967

Synopsys,

Inc.

\*

(Software)

57,635

Sysco

Corp.

(Consumer

Staples

Distribution

&

Retail)

24,215

T. Rowe

Price

Group,

Inc.

(Capital

Markets)

15,380

Take-Two

Interactive

Software,

Inc.

\*

(Entertainment)

30,252

Tapestry,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

15,594

Targa

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

22,644

Target

Corp.

(Consumer

Staples

Distribution

&

Retail)

28,743

TE

Connectivity,

Ltd.

(Electronic

Equipment,

Instruments

&

Components)

50,143

Teledyne

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

17,385

Teradyne,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

19,812

Tesla,

Inc.

\*

(Automobiles)

1,920

876,595

Texas

Instruments,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

623

100,590

Texas

Pacific

Land

Corp.

(Oil,

Gas

&

Consumable

Fuels)

13,207

Textron,

Inc.

(Aerospace

&

Defense)

9,778

The

AES

Corp.

(Independent

Power/Renewable

Electricity

Producers)

6,755

The

Bank

of

New

York

Mellon

Corp.

(Capital

Markets)

52,130

The

Boeing

Co.

\*

(Aerospace

&

Defense)

517

103,927

The

Charles

Schwab

Corp.

(Capital

Markets)

1,167

110,305

The

Cigna

Group

(Health

Care

Providers

&

Services)

44,727

The

Clorox

Co.

(Household

Products)

9,334

The

Coca-Cola

Co.

(Beverages)

2,650

182,585

The

Cooper

Cos.,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

9,578

The

Estee

Lauder

Cos.,

Inc.

(Personal

Care

Products)

15,470

The

Goldman

Sachs

Group,

Inc.

(Capital

Markets)

163,399

The

Hartford

Financial

Services

Group,

Inc.

(Insurance)

23,843

The

Hershey

Co.

(Food

Products)

17,302

The

Home

Depot,

Inc.

(Specialty

Retail)

680

258,121

The

Interpublic

Group

of

Cos.,

Inc.

(Media)

6,415

The

J.M.

Smucker

Co.

(Food

Products)

7,559

The

Kraft

Heinz

Co.

(Food

Products)

582

14,393

The

Kroger

Co.

(Consumer

Staples

Distribution

&

Retail)

26,470

The

Mosaic

Co.

(Chemicals)

5,957

The

Procter

&

Gamble

Co.

(Household

Products)

1,604

241,194

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Bull

ProFund

Common

Stocks,

continued

Shares

Value

The

Progressive

Corp.

(Insurance)

$

82,605

The

Sherwin-Williams

Co.

(Chemicals)

54,845

The

Southern

Co.

(Electric

Utilities)

753

70,812

The

TJX

Cos.,

Inc.

(Specialty

Retail)

763

106,927

The

Trade

Desk,

Inc.

\*

-

Class

A

(Media)

15,285

The

Travelers

Cos.,

Inc.

(Insurance)

41,367

The

Walt

Disney

Co.

(Entertainment)

1,230

138,523

The

Williams

Cos.,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

834

48,264

Thermo

Fisher

Scientific,

Inc.

(Life

Sciences

Tools

&

Services)

146,388

TKO

Group

Holdings,

Inc.

\*

(Entertainment)

9,043

T-Mobile

U.S.,

Inc.

(Wireless

Telecommunication

Services)

69,317

Tractor

Supply

Co.

(Specialty

Retail)

19,642

Trane

Technologies

PLC

(Building

Products)

68,644

TransDigm

Group,

Inc.

\*

(Aerospace

&

Defense)

51,032

Trimble,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

12,999

Truist

Financial

Corp.

(Banks)

882

39,364

Tyler

Technologies,

Inc.

\*

(Software)

13,812

Tyson

Foods,

Inc.

-

Class

A

(Food

Products)

10,076

U.S.

Bancorp

(Banks)

1,064

49,668

Uber

Technologies,

Inc.

\*

(Ground

Transportation)

1,427

137,705

UDR,

Inc.

(Residential

REITs)

6,940

Ulta

Beauty,

Inc.

\*

(Specialty

Retail)

15,596

Union

Pacific

Corp.

(Ground

Transportation)

89,469

United

Airlines

Holdings,

Inc.

\*

(Passenger

Airlines)

20,877

United

Parcel

Service,

Inc.

-

Class

B

(Air

Freight

&

Logistics)

503

48,500

United

Rentals,

Inc.

(Trading

Companies

&

Distributors)

38,332

UnitedHealth

Group,

Inc.

(Health

Care

Providers

&

Services)

619

211,425

Universal

Health

Services,

Inc.

-

Class

B

(Health

Care

Providers

&

Services)

8,463

Valero

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

36,116

Ventas,

Inc.

(Health

Care

REITs)

22,875

Veralto

Corp.

(Commercial

Services

&

Supplies)

16,776

VeriSign,

Inc.

(IT

Services)

14,148

Verisk

Analytics,

Inc.

(Professional

Services)

20,782

Verizon

Communications,

Inc.

(Diversified

Telecommunication

Services)

2,884

114,610

Vertex

Pharmaceuticals,

Inc.

\*

(Biotechnology)

74,900

Viatris,

Inc.

(Pharmaceuticals)

795

8,236

VICI

Properties,

Inc.

(Specialized

REITs)

729

21,863

Visa,

Inc.

-

Class

A

(Financial

Services)

1,163

396,281

Vistra

Corp.

(Independent

Power/Renewable

Electricity

Producers)

41,049

Vulcan

Materials

Co.

(Construction

Materials)

26,345

W.R.

Berkley

Corp.

(Insurance)

14,696

W.W.

Grainger,

Inc.

(Trading

Companies

&

Distributors)

29,370

Wabtec

Corp.

(Machinery)

23,919

Walmart,

Inc.

(Consumer

Staples

Distribution

&

Retail)

3,003

303,844

Warner

Bros.

Discovery,

Inc.

\*

(Entertainment)

1,693

38,008

Waste

Management,

Inc.

(Commercial

Services

&

Supplies)

50,742

Waters

Corp.

\*

(Life

Sciences

Tools

&

Services)

13,984

WEC

Energy

Group,

Inc.

(Multi-Utilities)

24,692

Wells

Fargo

&

Co.

(Banks)

2,192

190,638

Welltower,

Inc.

(Health

Care

REITs)

82,735

West

Pharmaceutical

Services,

Inc.

(Life

Sciences

Tools

&

Services)

13,821

Western

Digital

Corp.

\*

(Technology

Hardware,

Storage

&

Peripherals)

35,600

Weyerhaeuser

Co.

(Specialized

REITs)

11,339

Williams-Sonoma,

Inc.

(Specialty

Retail)

16,519

Common

Stocks,

continued

Shares

Value

Willis

Towers

Watson

PLC

(Insurance)

$

20,978

Workday,

Inc.

\*

-

Class

A

(Software)

35,508

Wynn

Resorts,

Ltd.

(Hotels,

Restaurants

&

Leisure)

7,020

Xcel

Energy,

Inc.

(Electric

Utilities)

32,874

Xylem,

Inc.

(Machinery)

25,192

Yum!

Brands,

Inc.

(Hotels,

Restaurants

&

Leisure)

26,398

Zebra

Technologies

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

9,693

Zimmer

Biomet

Holdings,

Inc.

(Health

Care

Equipment

&

Supplies)

13,777

Zoetis,

Inc.

(Pharmaceuticals)

43,515

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $9,678,001)

39,905,810

Repurchase

Agreements

(c) (d) (24

.0

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$12,635,383

$

12,634,000

12,634,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$12,634,000)

12,634,000

Collateral

for

Securities

Loaned

(e) (NM)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(f) 2,928

2,928

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $2,928)

2,928

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$22,314,929)— 99.9%

52,542,738

Net

other

assets

(liabilities)

—

.1

%

71,742

NET

ASSETS

—

100.0%

$

52,614,480

\*

Non-income

producing

security.

(a) Number

of

shares

is

less

than

0.50. (b) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$2,816.

(c) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$1,077,000.

(d) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(e) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (f) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. NM

Not

meaningful,

amount

is

less

than

0.05%

REIT

Real

Estate

Investment

Trust

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Bull

ProFund

Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

E-mini

S&P

500

Futures

Contracts

12/22/25

$

4,124,400

$

178,586

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

500

Goldman

Sachs

International

11/28/25

4.62%

$

5,256,694

$

(29,266)

S&P

500

UBS

AG

11/28/25

4.67%

3,324,337

(20,010)

$8,581,031

$(49,276)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Bull

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

652,825

1.2%

Air

Freight

&

Logistics

109,721

0.2%

Automobile

Components

12,003

NM

Automobiles

956,738

1.9%

Banks

1,385,674

2.6%

Beverages

398,405

0.8%

Biotechnology

627,470

1.2%

Broadline

Retail

1,646,826

3.2%

Building

Products

196,789

0.4%

Capital

Markets

1,326,501

2.5%

Chemicals

402,122

0.8%

Commercial

Services

&

Supplies

176,645

0.3%

Communications

Equipment

365,303

0.7%

Construction

&

Engineering

66,085

0.1%

Construction

Materials

50,869

0.1%

Consumer

Finance

249,514

0.5%

Consumer

Staples

Distribution

&

Retail

686,413

1.2%

Containers

&

Packaging

69,525

0.1%

Distributors

23,703

NM

Diversified

Telecommunication

Services

235,662

0.4%

Electric

Utilities

616,501

1.3%

Electrical

Equipment

347,890

0.7%

Electronic

Equipment,

Instruments

&

Components

305,923

0.6%

Energy

Equipment

&

Services

85,079

0.2%

Entertainment

588,372

1.1%

Financial

Services

1,487,638

2.9%

Food

Products

192,268

0.4%

Gas

Utilities

18,717

NM

Ground

Transportation

343,215

0.7%

Health

Care

Equipment

&

Supplies

795,687

1.5%

Health

Care

Providers

&

Services

654,262

1.2%

Health

Care

REITs

114,118

0.2%

Hotel

&

Resort

REITs

7,001

NM

Hotels,

Restaurants

&

Leisure

701,077

1.3%

Household

Durables

106,647

0.2%

Household

Products

334,912

0.6%

Independent

Power/Renewable

Electricity

Producers

47,804

0.1%

Industrial

Conglomerates

372,080

0.7%

Industrial

REITs

78,797

0.1%

Insurance

669,443

1.3%

Value

%

of

Net

Assets

Interactive

Media

&

Services

$

2,986,044

5.7%

IT

Services

380,235

0.7%

Leisure

Products

6,944

NM

Life

Sciences

Tools

&

Services

361,822

0.7%

Machinery

622,502

1.2%

Media

143,503

0.3%

Metals

&

Mining

139,947

0.3%

Multi-Utilities

235,157

0.4%

Office

REITs

13,362

NM

Oil,

Gas

&

Consumable

Fuels

1,029,430

1.9%

Passenger

Airlines

57,201

0.1%

Personal

Care

Products

34,324

0.1%

Pharmaceuticals

1,138,200

2.2%

Professional

Services

197,353

0.4%

Real

Estate

Management

&

Development

50,441

0.1%

Residential

REITs

77,379

0.1%

Retail

REITs

97,983

0.2%

Semiconductors

&

Semiconductor

Equipment

5,986,213

11.4%

Software

4,467,878

8.5%

Specialized

REITs

295,779

0.7%

Specialty

Retail

650,302

1.2%

Technology

Hardware,

Storage

&

Peripherals

2,925,050

5.5%

Textiles,

Apparel

&

Luxury

Goods

97,627

0.2%

Tobacco

218,548

0.4%

Trading

Companies

&

Distributors

99,964

0.2%

Water

Utilities

17,081

NM

Wireless

Telecommunication

Services

69,317

0.1%

Other

\*\*

12,708,670

24.1%

Total

$

52,614,480

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

NM

Not

meaningful,

amount

is

less

than

0.05%

REIT

Real

Estate

Investment

Trust

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Communication

Services

UltraSector

ProFund

Common

Stocks

(85

.3

%)

Shares

Value

Alphabet,

Inc.

-

Class

A

(Interactive

Media

&

Services)

8,612

$

2,421,608

Alphabet,

Inc.

-

Class

C

(Interactive

Media

&

Services)

6,914

1,948,503

AT&T,

Inc.

(Diversified

Telecommunication

Services)

39,597

980,026

Charter

Communications,

Inc.

\*

-

Class

A

(Media)

3,850

900,284

Comcast

Corp.

-

Class

A

(Media)

35,296

982,464

Electronic

Arts,

Inc.

(Entertainment)

5,501

1,100,530

Fox

Corp.

-

Class

A

(Media)

8,703

562,649

Fox

Corp.

-

Class

B

(Media)

6,152

359,338

Live

Nation

Entertainment,

Inc.

\*

(Entertainment)

6,538

977,627

Match

Group,

Inc.

\*

(Interactive

Media

&

Services)

9,974

322,559

Meta

Platforms,

Inc.

-

Class

A

(Interactive

Media

&

Services)

4,942

3,204,146

Netflix,

Inc.

\*

(Entertainment)

1,188

1,329,206

News

Corp.

-

Class

A

(Media)

15,604

413,506

News

Corp.

-

Class

B

(Media)

5,158

157,164

Omnicom

Group,

Inc.

(Media)

8,030

602,411

Paramount

Skydance

Corp.

\*(a)

-

Class

B

(Media)

12,798

196,961

Take-Two

Interactive

Software,

Inc.

\*

(Entertainment)

4,276

1,096,238

The

Interpublic

Group

of

Cos.,

Inc.

(Media)

15,183

389,596

The

Trade

Desk,

Inc.

\*

-

Class

A

(Media)

18,474

928,873

The

Walt

Disney

Co.

(Entertainment)

9,684

1,090,612

TKO

Group

Holdings,

Inc.

\*

(Entertainment)

2,860

538,824

T-Mobile

U.S.,

Inc.

(Wireless

Telecommunication

Services)

4,671

981,144

Verizon

Communications,

Inc.

(Diversified

Telecommunication

Services)

25,699

1,021,278

Warner

Bros.

Discovery,

Inc.

\*

(Entertainment)

61,419

1,378,857

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $18,818,437)

23,884,404

Repurchase

Agreements

(b) (c) (15

.8

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$4,442,486

$

4,442,000

$

4,442,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$4,442,000)

4,442,000

Collateral

for

Securities

Loaned

(d) (0

.6

%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(e) 178,032

178,032

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $178,032)

178,032

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$23,438,469)— 101.7%

28,504,436

Net

other

assets

(liabilities)

—

(1

.7)

%

(479,177)

NET

ASSETS

—

100.0%

$

28,025,259

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$171,245.

(b) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$1,641,000.

(c) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(d) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (e) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Communication

Services

Select

Sector

Index

Goldman

Sachs

International

11/24/25

4.62%

$

11,382,487

$

(148,656)

S&P

Communication

Services

Select

Sector

Index

UBS

AG

11/24/25

4.67%

6,814,744

(92,983)

$18,197,231

$(241,639)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Communication

Services

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Diversified

Telecommunication

Services

$

2,001,304

7.1%

Entertainment

7,511,894

26.8%

Interactive

Media

&

Services

7,896,816

28.3%

Media

5,493,246

19.6%

Wireless

Telecommunication

Services

981,144

3.5%

Other

\*\*

4,140,855

14.7%

Total

$

28,025,259

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Consumer

Discretionary

UltraSector

ProFund

Common

Stocks

(75

.3

%)

Shares

Value

Airbnb,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

4,436

$

561,331

Amazon.com,

Inc.

\*

(Broadline

Retail)

42,782

10,448,219

Aptiv

PLC

\*

(Automobile

Components)

2,251

182,556

AutoZone,

Inc.

\*

(Specialty

Retail)

635,676

Best

Buy

Co.,

Inc.

(Specialty

Retail)

2,032

166,908

Booking

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

1,701,043

Carnival

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

11,225

323,617

Chipotle

Mexican

Grill,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

13,863

439,318

D.R.

Horton,

Inc.

(Household

Durables)

2,866

427,263

Darden

Restaurants,

Inc.

(Hotels,

Restaurants

&

Leisure)

1,210

217,982

Deckers

Outdoor

Corp.

\*

(Textiles,

Apparel

&

Luxury

Goods)

1,534

125,021

Domino's

Pizza,

Inc.

(Hotels,

Restaurants

&

Leisure)

128,703

DoorDash,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

3,827

973,474

eBay,

Inc.

(Broadline

Retail)

4,725

384,190

Expedia

Group,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

1,222

268,840

Ford

Motor

Co.

(Automobiles)

40,414

530,636

Garmin,

Ltd.

(Household

Durables)

1,692

361,986

General

Motors

Co.

(Automobiles)

9,843

680,053

Genuine

Parts

Co.

(Distributors)

1,438

183,072

Hasbro,

Inc.

(Leisure

Products)

1,377

105,079

Hilton

Worldwide

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

2,432

624,927

Las

Vegas

Sands

Corp.

(Hotels,

Restaurants

&

Leisure)

3,194

189,564

Lennar

Corp.

-

Class

A

(Household

Durables)

2,353

291,231

LKQ

Corp.

(Distributors)

2,660

85,014

Lowe's

Cos.,

Inc.

(Specialty

Retail)

5,794

1,379,725

Lululemon

Athletica,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

1,128

192,369

Marriott

International,

Inc.

-

Class

A

(Hotels,

Restaurants

&

Leisure)

2,329

606,929

McDonald's

Corp.

(Hotels,

Restaurants

&

Leisure)

6,302

1,880,707

MGM

Resorts

International

\*

(Hotels,

Restaurants

&

Leisure)

2,111

67,615

Mohawk

Industries,

Inc.

\*

(Household

Durables)

540

61,366

NIKE,

Inc.

-

Class

B

(Textiles,

Apparel

&

Luxury

Goods)

12,282

793,294

Norwegian

Cruise

Lines

Holdings,

Ltd.

\*

(Hotels,

Restaurants

&

Leisure)

4,672

104,746

Common

Stocks,

continued

Shares

Value

NVR,

Inc.

\*

(Household

Durables)

$

216,325

O'Reilly

Automotive,

Inc.

\*

(Specialty

Retail)

8,772

828,428

Pool

Corp.

(Distributors)

90,800

PulteGroup,

Inc.

(Household

Durables)

2,040

244,535

Ralph

Lauren

Corp.

(Textiles,

Apparel

&

Luxury

Goods)

127,864

Ross

Stores,

Inc.

(Specialty

Retail)

3,381

537,309

Royal

Caribbean

Cruises,

Ltd.

(Hotels,

Restaurants

&

Leisure)

2,612

749,200

Starbucks

Corp.

(Hotels,

Restaurants

&

Leisure)

11,751

950,303

Tapestry,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

2,152

236,333

Tesla,

Inc.

\*

(Automobiles)

20,498

9,358,566

The

Home

Depot,

Inc.

(Specialty

Retail)

7,268

2,758,861

The

TJX

Cos.,

Inc.

(Specialty

Retail)

11,534

1,616,375

Tractor

Supply

Co.

(Specialty

Retail)

5,479

296,469

Ulta

Beauty,

Inc.

\*

(Specialty

Retail)

241,744

Williams-Sonoma,

Inc.

(Specialty

Retail)

1,272

247,200

Wynn

Resorts,

Ltd.

(Hotels,

Restaurants

&

Leisure)

873

103,878

Yum!

Brands,

Inc.

(Hotels,

Restaurants

&

Leisure)

2,869

396,524

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $28,412,163)

44,123,168

Repurchase

Agreements

(a) (b) (16

.7

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$9,776,070

$

9,775,000

9,775,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$9,775,000)

9,775,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$38,187,163)— 92.0%

53,898,168

Net

other

assets

(liabilities)

—

.0

%

4,660,755

NET

ASSETS

—

100.0%

$

58,558,923

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$7,438,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Consumer

Discretionary

Select

Sector

Index

Goldman

Sachs

International

11/24/25

4.62%

$

19,903,831

$

83,915

S&P

Consumer

Discretionary

Select

Sector

Index

UBS

AG

11/24/25

4.67%

23,620,345

80,726

$43,524,176

$164,641

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Consumer

Discretionary

UltraSector

ProFund

Consumer

Discretionary

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Automobile

Components

$

182,556

0.3%

Automobiles

10,569,255

18.0%

Broadline

Retail

10,832,409

18.5%

Distributors

358,886

0.6%

Hotels,

Restaurants

&

Leisure

10,288,701

17.6%

Household

Durables

1,602,706

2.7%

Leisure

Products

105,079

0.2%

Specialty

Retail

8,708,695

14.9%

Textiles,

Apparel

&

Luxury

Goods

1,474,881

2.5%

Other

\*\*

14,435,755

24.7%

Total

$

58,558,923

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Consumer

Staples

UltraSector

ProFunds

Common

Stocks

(81

.5

%)

Shares

Value

Altria

Group,

Inc.

(Tobacco)

1,545

$

87,107

Archer-Daniels-Midland

Co.

(Food

Products)

721

43,642

Brown-Forman

Corp.

-

Class

B

(Beverages)

7,189

Bunge

Global

SA

(Food

Products)

19,866

Campbell

Soup

Co.

(Food

Products)

8,888

Church

&

Dwight

Co.,

Inc.

(Household

Products)

32,095

Colgate-Palmolive

Co.

(Household

Products)

1,213

93,462

Conagra

Brands,

Inc.

(Food

Products)

719

12,360

Constellation

Brands,

Inc.

-

Class

A

(Beverages)

28,115

Costco

Wholesale

Corp.

(Consumer

Staples

Distribution

&

Retail)

212,367

Dollar

General

Corp.

(Consumer

Staples

Distribution

&

Retail)

32,558

Dollar

Tree,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

28,844

General

Mills,

Inc.

(Food

Products)

802

37,381

Hormel

Foods

Corp.

(Food

Products)

9,435

Kellanova

(Food

Products)

33,556

Kenvue,

Inc.

(Personal

Care

Products)

2,878

41,357

Keurig

Dr

Pepper,

Inc.

(Beverages)

2,039

55,379

Kimberly-Clark

Corp.

(Household

Products)

59,616

Lamb

Weston

Holdings,

Inc.

(Food

Products)

12,902

McCormick

&

Co.,

Inc.

(Food

Products)

24,381

Molson

Coors

Beverage

Co.

-

Class

B

(Beverages)

11,105

Mondelez

International,

Inc.

-

Class

A

(Food

Products)

1,643

94,406

Monster

Beverage

Corp.

\*

(Beverages)

1,070

71,508

PepsiCo,

Inc.

(Beverages)

719

105,039

Philip

Morris

International,

Inc.

(Tobacco)

817

117,918

Sysco

Corp.

(Consumer

Staples

Distribution

&

Retail)

717

53,259

Target

Corp.

(Consumer

Staples

Distribution

&

Retail)

682

63,235

The

Clorox

Co.

(Household

Products)

20,693

The

Coca-Cola

Co.

(Beverages)

2,034

140,143

Common

Stocks,

continued

Shares

Value

The

Estee

Lauder

Cos.,

Inc.

(Personal

Care

Products)

$

33,938

The

Hershey

Co.

(Food

Products)

37,658

The

J.M.

Smucker

Co.

(Food

Products)

16,568

The

Kraft

Heinz

Co.

(Food

Products)

1,279

31,630

The

Kroger

Co.

(Consumer

Staples

Distribution

&

Retail)

913

58,094

The

Procter

&

Gamble

Co.

(Household

Products)

1,230

184,954

Tyson

Foods,

Inc.

-

Class

A

(Food

Products)

22,055

Walmart,

Inc.

(Consumer

Staples

Distribution

&

Retail)

2,305

233,219

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,234,113)

2,175,922

Repurchase

Agreements

(a) (b) (30

.0

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$802,088

$

802,000

802,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$802,000)

802,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$2,036,113)— 111.5%

2,977,922

Net

other

assets

(liabilities)

—

(11

.5)

%

(306,056)

NET

ASSETS

—

100.0%

$

2,671,866

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$423,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Consumer

Staples

Select

Sector

Index

Goldman

Sachs

International

11/24/25

4.62%

$

1,042,148

$

(40,820)

S&P

Consumer

Staples

Select

Sector

Index

UBS

AG

11/24/25

4.67%

800,290

(46,877)

$1,842,438

$(87,697)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Consumer

Staples

UltraSector

ProFunds

Consumer

Staples

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Beverages

$

418,478

15.7%

Consumer

Staples

Distribution

&

Retail

681,576

25.6%

Food

Products

404,728

15.1%

Household

Products

390,820

14.6%

Personal

Care

Products

75,295

2.8%

Tobacco

205,025

7.7%

Other

\*\*

495,944

18.5%

Total

$

2,671,866

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Energy

UltraSector

ProFund

Common

Stocks

(79

.9

%)

Shares

Value

APA

Corp.

(Oil,

Gas

&

Consumable

Fuels)

3,208

$

72,661

Baker

Hughes

Co.

(Energy

Equipment

&

Services)

8,839

427,896

Chevron

Corp.

(Oil,

Gas

&

Consumable

Fuels)

14,884

2,347,503

ConocoPhillips

(Oil,

Gas

&

Consumable

Fuels)

9,659

858,299

Coterra

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

6,842

161,882

Devon

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

5,691

184,901

Diamondback

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,687

241,562

EOG

Resources,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

4,724

499,988

EQT

Corp.

(Oil,

Gas

&

Consumable

Fuels)

5,595

299,780

Expand

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

2,135

220,567

Exxon

Mobil

Corp.

(Oil,

Gas

&

Consumable

Fuels)

25,811

2,951,745

Halliburton

Co.

(Energy

Equipment

&

Services)

7,644

205,165

Kinder

Morgan,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

17,531

459,137

Marathon

Petroleum

Corp.

(Oil,

Gas

&

Consumable

Fuels)

2,726

531,325

Occidental

Petroleum

Corp.

(Oil,

Gas

&

Consumable

Fuels)

6,443

265,452

ONEOK,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

5,646

378,282

Phillips

(Oil,

Gas

&

Consumable

Fuels)

3,623

493,235

SLB

Ltd.

(Energy

Equipment

&

Services)

13,376

482,339

Targa

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,929

297,143

Texas

Pacific

Land

Corp.

(Oil,

Gas

&

Consumable

Fuels)

163,205

Common

Stocks,

continued

Shares

Value

The

Williams

Cos.,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

9,669

$

559,545

Valero

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

2,785

472,225

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $3,328,440)

12,573,837

Repurchase

Agreements

(a) (b) (22

.3

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$3,504,384

$

3,504,000

3,504,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$3,504,000)

3,504,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$6,832,440)— 102.2%

16,077,837

Net

other

assets

(liabilities)

—

(2

.2)

%

(349,984)

NET

ASSETS

—

100.0%

$

15,727,853

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$2,507,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Energy

Select

Sector

Index

Goldman

Sachs

International

11/24/25

4.62%

$

6,013,994

$

(68,870)

S&P

Energy

Select

Sector

Index

UBS

AG

11/24/25

4.67%

5,000,379

(143,873)

$11,014,373

$(212,743)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Energy

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Energy

Equipment

&

Services

$

1,115,400

7.1%

Oil,

Gas

&

Consumable

Fuels

11,458,437

72.8%

Other

\*\*

3,154,016

20.1%

Total

$

15,727,853

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Europe

ProFund

Common

Stocks

(99.8%)

Shares

Value

Anheuser-Busch

InBev

S.A./N.V.

ADR(a)

(Beverages)

2,603

$

158,523

ArcelorMittal

SA

ADR

(Metals

&

Mining)

3,568

135,905

Argenx

SE

\*ADR

(Biotechnology)

171,885

ARM

Holdings

PLC

\*ADR

(Semiconductors

&

Semiconductor

Equipment)

1,175

199,539

ASML

Holding

N.V.

ADR

(Semiconductors

&

Semiconductor

Equipment)

177,950

AstraZeneca

PLC

ADR

(Pharmaceuticals)

1,511

124,506

Barclays

PLC

ADR

(Banks)

7,430

159,671

BioNTech

SE

\*ADR

(Biotechnology)

756

78,556

BP

PLC

ADR

(Oil,

Gas

&

Consumable

Fuels)

4,072

143,049

British

American

Tobacco

PLC

ADR

(Tobacco)

3,274

167,596

Diageo

PLC

ADR

(Beverages)

881

81,131

Equinor

ASA

ADR(a)

(Oil,

Gas

&

Consumable

Fuels)

4,785

114,649

GSK

PLC

ADR

(Pharmaceuticals)

3,316

155,388

Haleon

PLC

\*ADR

(Personal

Care

Products)

9,990

92,607

HSBC

Holdings

PLC

ADR

(Banks)

3,568

250,010

ING

Groep

N.V.

ADR

(Banks)

6,464

161,148

Jumia

Technologies

AG

\*ADR

(Advertising

&

Marketing)

17,520

191,143

National

Grid

PLC

ADR

(Multi-Utilities)

1,805

135,826

Nokia

Oyj

ADR(a)

(Communications

Equipment)

19,183

132,555

Novo

Nordisk

A/S

ADR

(Pharmaceuticals)

1,931

95,507

RELX

PLC

ADR

(Professional

Services)

2,644

116,971

Rio

Tinto

PLC

ADR

(Metals

&

Mining)

2,225

159,622

Ryanair

Holdings

PLC

ADR

(Passenger

Airlines)

1,931

120,649

Sanofi

S.A.

ADR

(Pharmaceuticals)

2,938

148,604

SAP

SE

ADR

(Software)

1,007

261,830

Shell

PLC

ADR

(Oil,

Gas

&

Consumable

Fuels)

2,099

157,257

Telefonaktiebolaget

LM

Ericsson

ADR(a)

(Communications

Equipment)

10,704

108,003

Tenaris

S.A.

ADR

(Energy

Equipment

&

Services)

2,225

88,555

TotalEnergies

SE

ADR

(Oil,

Gas

&

Consumable

Fuels)

2,393

148,940

Vodafone

Group

PLC

ADR

(Wireless

Telecommunication

Services)

9,948

119,873

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $2,978,195)

4,357,448

Collateral

for

Securities

Loaned

(b) (7.6%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(c) 329,962

329,962

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $329,962)

329,962

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$3,308,157)— 107.4%

4,687,410

Net

other

assets

(liabilities) —

(7.4)%

(324,838)

NET

ASSETS

—

100.0%

$

4,362,572

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$313,755.

(b) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (c) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. ADR

American

Depositary

Receipt

Europe

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Advertising

&

Marketing

$

191,143

4.4%

Banks

570,829

13.1%

Beverages

239,654

5.5%

Biotechnology

250,441

5.7%

Communications

Equipment

240,558

5.5%

Energy

Equipment

&

Services

88,555

2.0%

Metals

&

Mining

295,527

6.8%

Multi-Utilities

135,826

3.1%

Oil,

Gas

&

Consumable

Fuels

563,895

12.9%

Passenger

Airlines

120,649

2.8%

Personal

Care

Products

92,607

2.1%

Pharmaceuticals

524,005

12.0%

Professional

Services

116,971

2.7%

Semiconductors

&

Semiconductor

Equipment

377,489

8.7%

Software

261,830

6.0%

Tobacco

167,596

3.8%

Wireless

Telecommunication

Services

119,873

2.7%

Other

\*\*

5,124

0.2%

Total

$

4,362,572

100.0%

Europe

ProFund

invested

in

securities

with

exposure

to

the

following

countries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Belgium

$

158,523

3.6%

Denmark

95,507

2.2%

Finland

132,555

3.0%

France

297,544

6.8%

Germany

531,529

12.2%

Ireland

120,649

2.8%

Luxembourg

224,460

5.1%

Netherlands

510,983

11.7%

Norway

114,649

2.6%

Sweden

108,003

2.5%

United

Kingdom

2,063,046

47.3%

Other

\*\*

5,124

0.2%

Total

$

4,362,572

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Falling

U.S.

Dollar

ProFund

Repurchase

Agreements

(a)(b) (100.8%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$1,118,122

$

1,118,000

$

1,118,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$1,118,000)

1,118,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$2,786,642)— 249.6%

2,767,904

Net

other

assets

(liabilities) —

(149.6)%

(1,658,993)

NET

ASSETS

—

100.0%

$

1,108,911

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

forward

currency

contract

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$26,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

As

of

October

31,

2025,

the

Falling

U.S.

Dollar

ProFund's

forward

currency

contracts

with

Goldman

Sachs

International

were

as

follows:

Description

and

amount

of

currency

purchased

Description

and

amount

of

currency

sold

Delivery

Date

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Short:

U.S.

dollar

$

12,017

British

pound

9,037

11/14/25

$

11,871

$

U.S.

dollar

10,404

Canadian

dollar

14,567

11/14/25

10,395

U.S.

dollar

58,342

Euro

50,378

11/14/25

58,106

U.S.

dollar

10,093

Japanese

yen

1,540,121

11/14/25

10,009

U.S.

dollar

4,028

Swedish

krona

38,382

11/14/25

4,046

(18) U.S.

dollar

3,824

Swiss

franc

3,074

11/14/25

3,826

(2) Total

Short

Contracts

$

98,708

$

98,253

$455

Description

and

amount

of

currency

purchased

Description

and

amount

of

currency

sold

Delivery

Date

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Long:

British

pound

84,464

U.S.

dollar

$

113,380

11/14/25

$

110,947

$

(2,433)

Canadian

dollar

152,848

U.S.

dollar

109,844

11/14/25

109,069

(775) Euro

278,376

U.S.

dollar

324,489

11/14/25

321,080

(3,409)

Japanese

yen

12,679,137

U.S.

dollar

83,410

11/14/25

82,401

(1,009)

Swedish

krona

289,302

U.S.

dollar

30,754

11/14/25

30,490

(264) Swiss

franc

28,424

U.S.

dollar

35,644

11/14/25

35,385

(259) Total

Long

Contracts

$

697,521

$

689,372

$

(8,149)

As

of

October

31,

2025,

the

Falling

U.S.

Dollar

ProFund's

forward

currency

contracts

with

UBS

AG

were

as

follows:

Description

and

amount

of

currency

purchased

Description

and

amount

of

currency

sold

Delivery

Date

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Short:

U.S.

dollar

$

52,241

British

pound

39,322

11/14/25

$

51,651

$

590

U.S.

dollar

41,590

Canadian

dollar

58,163

11/14/25

41,504

U.S.

dollar

259,548

Euro

223,469

11/14/25

257,750

1,798

U.S.

dollar

60,456

Japanese

yen

9,203,839

11/14/25

59,816

640

U.S.

dollar

19,464

Swedish

krona

183,560

11/14/25

19,346

U.S.

dollar

16,339

Swiss

franc

13,026

11/14/25

16,216

Total

Short

Contracts

$

449,638

$

446,283

$3,355

Description

and

amount

of

currency

purchased

Description

and

amount

of

currency

sold

Delivery

Date

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Long:

British

pound

64,334

U.S.

dollar

$

86,135

11/14/25

$

84,506

$

(1,629)

Canadian

dollar

60,832

U.S.

dollar

43,576

11/14/25

43,408

(168) Euro

547,510

U.S.

dollar

637,993

11/14/25

631,501

(6,492)

Japanese

yen

21,140,329

U.S.

dollar

139,164

11/14/25

137,390

(1,774)

Swedish

krona

372,251

U.S.

dollar

39,547

11/14/25

39,233

(314) Swiss

franc

19,675

U.S.

dollar

24,706

11/14/25

24,494

(212) Total

Long

Contracts

$

971,121

$

960,532

$

(10,589)

Total

unrealized

appreciation

$3,830

Total

unrealized

(depreciation)

(18,758)

Total

net

unrealized

appreciation/(depreciation)

$(14,928)

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Financials

UltraSector

ProFund

Common

Stocks

(84.1%)

Shares

Value

Aflac,

Inc.

(Insurance)

1,842

$

197,444

Allstate

Corp.

(Insurance)

1,008

193,052

American

Express

Co.

(Consumer

Finance)

2,077

749,235

American

International

Group,

Inc.

(Insurance)

2,120

167,395

Ameriprise

Financial,

Inc.

(Capital

Markets)

163,450

Aon

PLC

-

Class

A

(Insurance)

825

281,061

Apollo

Global

Management,

Inc.

(Financial

Services)

1,761

218,910

Arch

Capital

Group,

Ltd.

\*

(Insurance)

1,422

122,733

Arthur

J. Gallagher

&

Co.

(Insurance)

982

244,999

Assurant,

Inc.

(Insurance)

40,862

Bank

of

America

Corp.

(Banks)

26,078

1,393,869

Berkshire

Hathaway,

Inc.

\*

-

Class

B

(Financial

Services)

7,016

3,350,421

BlackRock,

Inc.

(Capital

Markets)

551

596,628

Blackstone,

Inc.

(Capital

Markets)

2,820

413,525

Block,

Inc.

\*

(Financial

Services)

2,104

159,778

Brown

&

Brown,

Inc.

(Insurance)

1,122

89,468

Capital

One

Financial

Corp.

(Consumer

Finance)

2,447

538,316

Cboe

Global

Markets,

Inc.

(Capital

Markets)

98,256

Chubb,

Ltd.

(Insurance)

1,419

392,978

Cincinnati

Financial

Corp.

(Insurance)

598

92,445

Citigroup,

Inc.

(Banks)

7,048

713,469

Citizens

Financial

Group,

Inc.

(Banks)

1,650

83,936

CME

Group,

Inc.

(Capital

Markets)

1,379

366,111

Coinbase

Global,

Inc.

\*

-

Class

A

(Capital

Markets)

865

297,370

Corpay,

Inc.

\*

(Software)

70,295

Erie

Indemnity

Co.

-

Class

A

(Insurance)

28,386

Everest

Group,

Ltd.

(Insurance)

50,323

FactSet

Research

Systems,

Inc.

(Capital

Markets)

38,686

Fidelity

National

Information

Services,

Inc.

(Financial

Services)

2,001

125,103

Fifth

Third

Bancorp

(Banks)

2,533

105,423

First

Horizon

Corp.

(Banks)

Fiserv,

Inc.

\*

(Financial

Services)

2,080

138,715

Franklin

Resources,

Inc.

(Capital

Markets)

1,172

26,499

Global

Payments,

Inc.

(Financial

Services)

928

72,161

Globe

Life,

Inc.

(Insurance)

40,768

Huntington

Bancshares,

Inc.

(Banks)

6,017

92,902

Interactive

Brokers

Group,

Inc.

-

Class

A

(Capital

Markets)

1,704

119,893

Intercontinental

Exchange,

Inc.

(Capital

Markets)

2,190

320,375

Invesco,

Ltd.

(Capital

Markets)

1,706

40,432

Jack

Henry

&

Associates,

Inc.

(Financial

Services)

41,554

JPMorgan

Chase

&

Co.

(Banks)

10,527

3,275,161

KeyCorp

(Banks)

3,566

62,726

KKR

&

Co.,

Inc.

(Capital

Markets)

2,626

310,735

Loews

Corp.

(Insurance)

651

64,814

M&T

Bank

Corp.

(Banks)

598

109,954

Marsh

&

McLennan

Cos.,

Inc.

(Insurance)

1,881

335,100

MasterCard,

Inc.

-

Class

A

(Financial

Services)

3,159

1,743,736

MetLife,

Inc.

(Insurance)

2,138

170,655

Moody's

Corp.

(Capital

Markets)

590

283,377

Common

Stocks,

continued

Shares

Value

Morgan

Stanley

(Capital

Markets)

4,642

$

761,288

MSCI,

Inc.

(Capital

Markets)

174,211

Nasdaq,

Inc.

(Capital

Markets)

1,734

148,240

Northern

Trust

Corp.

(Capital

Markets)

732

94,186

PayPal

Holdings,

Inc.

\*

(Financial

Services)

3,658

253,390

PNC

Financial

Services

Group,

Inc.

(Banks)

1,507

275,103

Principal

Financial

Group,

Inc.

(Insurance)

776

65,215

Prudential

Financial,

Inc.

(Insurance)

1,347

140,088

Raymond

James

Financial,

Inc.

(Capital

Markets)

679

107,737

Regions

Financial

Corp.

(Banks)

3,415

82,643

Robinhood

Markets,

Inc.

\*

-

Class

A

(Capital

Markets)

2,961

434,616

S&P

Global,

Inc.

(Capital

Markets)

1,196

582,703

State

Street

Corp.

(Capital

Markets)

1,085

125,491

Synchrony

Financial

(Consumer

Finance)

1,425

105,992

T. Rowe

Price

Group,

Inc.

(Capital

Markets)

841

86,228

The

Bank

of

New

York

Mellon

Corp.

(Capital

Markets)

2,700

291,411

The

Charles

Schwab

Corp.

(Capital

Markets)

6,529

617,121

The

Goldman

Sachs

Group,

Inc.

(Capital

Markets)

1,158

914,090

The

Hartford

Financial

Services

Group,

Inc.

(Insurance)

1,076

133,618

The

Progressive

Corp.

(Insurance)

2,243

462,058

The

Travelers

Cos.,

Inc.

(Insurance)

861

231,282

Truist

Financial

Corp.

(Banks)

4,934

220,204

U.S.

Bancorp

(Banks)

5,954

277,933

Visa,

Inc.

-

Class

A

(Financial

Services)

6,502

2,215,491

W.R.

Berkley

Corp.

(Insurance)

1,146

81,756

Wells

Fargo

&

Co.

(Banks)

12,257

1,065,991

Willis

Towers

Watson

PLC

(Insurance)

116,786

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $23,370,992)

28,698,372

Repurchase

Agreements

(a)(b) (16.3%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$5,550,607

$

5,550,000

5,550,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$5,550,000)

5,550,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$28,920,992)— 100.4%

34,248,372

Net

other

assets

(liabilities) —

(0.4)%

(140,728)

NET

ASSETS

—

100.0%

$

34,107,644

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$4,123,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Financial

Select

Sector

Index

Goldman

Sachs

International

11/24/25

4.62%

$

10,416,915

$

(17,317)

S&P

Financial

Select

Sector

Index

UBS

AG

11/24/25

4.67%

12,089,945

(64,547)

$22,506,860

$(81,864)

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Financials

UltraSector

ProFund

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Financials

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Banks

$

7,759,330

22.7%

Capital

Markets

7,412,659

21.7%

Consumer

Finance

1,393,543

4.1%

Financial

Services

8,319,259

24.4%

Insurance

3,743,286

11.0%

Software

70,295

0.2%

Other

\*\*

5,409,272

15.9%

Total

$

34,107,644

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Health

Care

UltraSector

ProFund

Common

Stocks

(80.8%)

Shares

Value

Abbott

Laboratories

(Health

Care

Equipment

&

Supplies)

2,899

$

358,373

AbbVie,

Inc.

(Biotechnology)

2,941

641,256

Agilent

Technologies,

Inc.

(Life

Sciences

Tools

&

Services)

69,228

Align

Technology,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

15,443

Amgen,

Inc.

(Biotechnology)

897

267,692

Baxter

International,

Inc.

(Health

Care

Equipment

&

Supplies)

855

15,792

Becton,

Dickinson

&

Co.

(Health

Care

Equipment

&

Supplies)

85,245

Biogen,

Inc.

\*

(Biotechnology)

37,642

Bio-Techne

Corp.

(Life

Sciences

Tools

&

Services)

16,331

Boston

Scientific

Corp.

\*

(Health

Care

Equipment

&

Supplies)

2,468

248,577

Bristol-Myers

Squibb

Co.

(Pharmaceuticals)

3,390

156,177

Cardinal

Health,

Inc.

(Health

Care

Providers

&

Services)

75,926

Cencora,

Inc.

(Health

Care

Providers

&

Services)

109,113

Centene

Corp.

\*

(Health

Care

Providers

&

Services)

777

27,482

Charles

River

Laboratories

International,

Inc.

\*

(Life

Sciences

Tools

&

Services)

14,766

CVS

Health

Corp.

(Health

Care

Providers

&

Services)

2,112

165,053

Danaher

Corp.

(Life

Sciences

Tools

&

Services)

1,061

228,518

DaVita,

Inc.

\*

(Health

Care

Providers

&

Services)

7,141

Dexcom,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

653

38,018

Edwards

LifeSciences

Corp.

\*

(Health

Care

Equipment

&

Supplies)

978

80,636

Elevance

Health,

Inc.

(Health

Care

Providers

&

Services)

118,950

Eli

Lilly

&

Co.

(Pharmaceuticals)

1,324

1,142,426

GE

HealthCare

Technologies,

Inc.

(Health

Care

Equipment

&

Supplies)

760

56,962

Gilead

Sciences,

Inc.

(Biotechnology)

2,066

247,486

HCA

Healthcare,

Inc.

(Health

Care

Providers

&

Services)

125,493

Henry

Schein,

Inc.

\*

(Health

Care

Providers

&

Services)

10,870

Hologic,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

27,347

Humana,

Inc.

(Health

Care

Providers

&

Services)

55,638

IDEXX

Laboratories,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

83,725

Incyte

Corp.

\*

(Biotechnology)

25,520

Insulet

Corp.

\*

(Health

Care

Equipment

&

Supplies)

36,622

Intuitive

Surgical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

597

318,964

IQVIA

Holdings,

Inc.

\*

(Life

Sciences

Tools

&

Services)

61,258

Johnson

&

Johnson

(Pharmaceuticals)

4,011

757,558

Labcorp

Holdings,

Inc.

(Health

Care

Providers

&

Services)

35,046

McKesson

Corp.

(Health

Care

Providers

&

Services)

167,948

Medtronic

PLC

(Health

Care

Equipment

&

Supplies)

2,134

193,554

Merck

&

Co.,

Inc.

(Pharmaceuticals)

4,160

357,677

Mettler-Toledo

International,

Inc.

\*

(Life

Sciences

Tools

&

Services)

48,154

Common

Stocks,

continued

Shares

Value

Moderna,

Inc.

\*

(Biotechnology)

577

$

15,671

Molina

Healthcare,

Inc.

\*

(Health

Care

Providers

&

Services)

13,775

Pfizer,

Inc.

(Pharmaceuticals)

9,469

233,411

Quest

Diagnostics,

Inc.

(Health

Care

Providers

&

Services)

32,727

Regeneron

Pharmaceuticals,

Inc.

\*

(Biotechnology)

110,806

ResMed,

Inc.

(Health

Care

Equipment

&

Supplies)

60,239

Revvity,

Inc.

(Life

Sciences

Tools

&

Services)

18,063

Solventum

Corp.

\*

(Health

Care

Equipment

&

Supplies)

16,915

STERIS

PLC

(Health

Care

Equipment

&

Supplies)

38,655

Stryker

Corp.

(Health

Care

Equipment

&

Supplies)

573

204,126

The

Cigna

Group

(Health

Care

Providers

&

Services)

108,762

The

Cooper

Cos.,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

23,210

Thermo

Fisher

Scientific,

Inc.

(Life

Sciences

Tools

&

Services)

629

356,889

UnitedHealth

Group,

Inc.

(Health

Care

Providers

&

Services)

1,509

515,415

Universal

Health

Services,

Inc.

-

Class

B

(Health

Care

Providers

&

Services)

20,399

Vertex

Pharmaceuticals,

Inc.

\*

(Biotechnology)

181,718

Viatris,

Inc.

(Pharmaceuticals)

1,942

20,119

Waters

Corp.

\*

(Life

Sciences

Tools

&

Services)

34,610

West

Pharmaceutical

Services,

Inc.

(Life

Sciences

Tools

&

Services)

33,848

Zimmer

Biomet

Holdings,

Inc.

(Health

Care

Equipment

&

Supplies)

33,185

Zoetis,

Inc.

(Pharmaceuticals)

738

106,338

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,725,482)

8,708,488

Repurchase

Agreements

(a)(b) (36.2%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$3,907,428

$

3,907,000

3,907,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$3,907,000)

3,907,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$5,632,482)— 117.0%

12,615,488

Net

other

assets

(liabilities) —

(17.0)%

(1,831,772)

NET

ASSETS

—

100.0%

$

10,783,716

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$2,146,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Health

Care

Select

Sector

Index

Goldman

Sachs

International

11/24/25

4.62%

$

6,029,405

$

(34,008)

S&P

Health

Care

Select

Sector

Index

UBS

AG

11/24/25

4.37%

1,494,605

(78,996)

$7,524,010

$(113,004)

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Health

Care

UltraSector

ProFund

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Health

Care

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Biotechnology

$

1,527,791

14.2%

Health

Care

Equipment

&

Supplies

1,935,588

17.9%

Health

Care

Providers

&

Services

1,589,738

14.7%

Life

Sciences

Tools

&

Services

881,665

8.2%

Pharmaceuticals

2,773,706

25.8%

Other

\*\*

2,075,228

19.2%

Total

$

10,783,716

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Industrials

UltraSector

ProFund

Common

Stocks

(73.6%)

Shares

Value

3M

Co.

(Industrial

Conglomerates)

868

$

144,522

A.O.

Smith

Corp.

(Building

Products)

12,274

Allegion

PLC

(Building

Products)

23,208

AMETEK,

Inc.

(Electrical

Equipment)

75,993

Automatic

Data

Processing,

Inc.

(Professional

Services)

660

171,799

Axon

Enterprise,

Inc.

\*

(Aerospace

&

Defense)

93,725

Broadridge

Financial

Solutions,

Inc.

(Professional

Services)

42,096

Builders

FirstSource,

Inc.

\*

(Building

Products)

20,911

C.H.

Robinson

Worldwide,

Inc.

(Air

Freight

&

Logistics)

29,566

Carrier

Global

Corp.

(Building

Products)

1,303

77,515

Caterpillar,

Inc.

(Machinery)

763

440,450

Cintas

Corp.

(Commercial

Services

&

Supplies)

558

102,265

Copart,

Inc.

\*

(Commercial

Services

&

Supplies)

1,449

62,321

CSX

Corp.

(Ground

Transportation)

3,037

109,393

Cummins,

Inc.

(Machinery)

98,040

Dayforce,

Inc.

\*

(Professional

Services)

17,872

Deere

&

Co.

(Machinery)

189,269

Delta

Air

Lines,

Inc.

(Passenger

Airlines)

1,057

60,651

Dover

Corp.

(Machinery)

40,466

Eaton

Corp.

PLC

(Electrical

Equipment)

634

241,909

EMCOR

Group,

Inc.

(Construction

&

Engineering)

49,332

Emerson

Electric

Co.

(Electrical

Equipment)

917

127,986

Equifax,

Inc.

(Professional

Services)

42,642

Expeditors

International

of

Washington,

Inc.

(Air

Freight

&

Logistics)

26,940

Fastenal

Co.

(Trading

Companies

&

Distributors)

1,869

76,909

FedEx

Corp.

(Air

Freight

&

Logistics)

89,852

Fortive

Corp.

(Machinery)

551

27,737

GE

Vernova,

Inc.

(Electrical

Equipment)

259,217

Generac

Holdings,

Inc.

\*

(Electrical

Equipment)

16,130

General

Dynamics

Corp.

(Aerospace

&

Defense)

141,754

General

Electric

Co.

(Industrial

Conglomerates)

1,727

533,557

Honeywell

International,

Inc.

(Industrial

Conglomerates)

1,034

208,175

Howmet

Aerospace,

Inc.

(Aerospace

&

Defense)

657

135,309

Hubbell,

Inc.

(Electrical

Equipment)

40,890

Huntington

Ingalls

Industries,

Inc.

(Aerospace

&

Defense)

20,609

IDEX

Corp.

(Machinery)

21,090

Illinois

Tool

Works,

Inc.

(Machinery)

105,373

Ingersoll

Rand,

Inc.

(Machinery)

589

44,958

J.B.

Hunt

Transport

Services,

Inc.

(Ground

Transportation)

21,108

Jacobs

Solutions,

Inc.

(Professional

Services)

30,383

Johnson

Controls

International

PLC

(Building

Products)

1,066

121,940

L3Harris

Technologies,

Inc.

(Aerospace

&

Defense)

88,176

Leidos

Holdings,

Inc.

(Professional

Services)

39,808

Lennox

International,

Inc.

(Building

Products)

26,260

Lockheed

Martin

Corp.

(Aerospace

&

Defense)

164,780

Masco

Corp.

(Building

Products)

22,083

Nordson

Corp.

(Machinery)

20,180

Norfolk

Southern

Corp.

(Ground

Transportation)

103,434

Northrop

Grumman

Corp.

(Aerospace

&

Defense)

127,776

Old

Dominion

Freight

Line,

Inc.

(Ground

Transportation)

42,266

Otis

Worldwide

Corp.

(Machinery)

639

59,274

PACCAR,

Inc.

(Machinery)

855

84,132

Parker-Hannifin

Corp.

(Machinery)

160,749

Paychex,

Inc.

(Professional

Services)

528

61,793

Paycom

Software,

Inc.

(Professional

Services)

15,341

Pentair

PLC

(Machinery)

28,395

Quanta

Services,

Inc.

(Construction

&

Engineering)

109,139

Raytheon

Technologies

Corp.

(Aerospace

&

Defense)

2,180

389,129

Republic

Services,

Inc.

(Commercial

Services

&

Supplies)

68,927

Rockwell

Automation,

Inc.

(Electrical

Equipment)

67,410

Rollins,

Inc.

(Commercial

Services

&

Supplies)

26,385

Common

Stocks,

continued

Shares

Value

Snap-on,

Inc.

(Machinery)

$

28,522

Southwest

Airlines

Co.

(Passenger

Airlines)

856

25,937

Stanley

Black

&

Decker,

Inc.

(Machinery)

17,065

Textron,

Inc.

(Aerospace

&

Defense)

23,435

The

Boeing

Co.

\*

(Aerospace

&

Defense)

1,232

247,656

Trane

Technologies

PLC

(Building

Products)

162,411

TransDigm

Group,

Inc.

(Aerospace

&

Defense)

120,383

Uber

Technologies,

Inc.

\*

(Ground

Transportation)

3,397

327,810

Union

Pacific

Corp.

(Ground

Transportation)

966

212,877

United

Airlines

Holdings,

Inc.

\*

(Passenger

Airlines)

527

49,559

United

Parcel

Service,

Inc.

-

Class

B

(Air

Freight

&

Logistics)

1,199

115,608

United

Rentals,

Inc.

(Trading

Companies

&

Distributors)

91,474

Veralto

Corp.

(Commercial

Services

&

Supplies)

39,867

Verisk

Analytics,

Inc.

(Professional

Services)

49,877

W.W.

Grainger,

Inc.

(Trading

Companies

&

Distributors)

70,488

Wabtec

Corp.

(Machinery)

56,834

Waste

Management,

Inc.

(Commercial

Services

&

Supplies)

604

120,662

Xylem,

Inc.

(Machinery)

59,887

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $4,894,361)

7,721,925

Repurchase

Agreements

(a)(b) (24.9%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$2,611,286

$

2,611,000

2,611,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$2,611,000)

2,611,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$7,505,361)— 98.5%

10,332,925

Net

other

assets

(liabilities) —

1.5%

154,038

NET

ASSETS

—

100.0%

$

10,486,963

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$1,503,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Industrials

UltraSector

ProFund

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Industrials

Select

Sector

Index

Goldman

Sachs

International

11/24/25

4.62%

$

5,867,990

$

7,261

S&P

Industrials

Select

Sector

Index

UBS

AG

11/24/25

4.67%

2,099,284

1,007

$7,967,274

$8,268

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Industrials

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

1,552,732

14.8%

Air

Freight

&

Logistics

261,966

2.5%

Building

Products

466,602

4.4%

Commercial

Services

&

Supplies

420,427

4.0%

Construction

&

Engineering

158,471

1.5%

Electrical

Equipment

829,535

7.9%

Ground

Transportation

816,888

7.8%

Industrial

Conglomerates

886,254

8.5%

Machinery

1,482,421

14.1%

Passenger

Airlines

136,147

1.3%

Professional

Services

471,611

4.5%

Trading

Companies

&

Distributors

238,871

2.3%

Other

\*\*

2,765,038

26.4%

Total

$

10,486,963

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Internet

UltraSector

ProFund

Common

Stocks

(82.9%)

Shares

Value

Airbnb,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

14,309

$

1,810,661

Akamai

Technologies,

Inc.

\*

(IT

Services)

4,782

359,128

Alphabet,

Inc.

-

Class

A

(Interactive

Media

&

Services)

20,046

5,636,735

Alphabet,

Inc.

-

Class

C

(Interactive

Media

&

Services)

16,092

4,535,047

Amazon.com,

Inc.

\*

(Broadline

Retail)

37,553

9,171,193

Arista

Networks,

Inc.

\*

(Communications

Equipment)

25,824

4,072,187

Atlassian

Corp.

\*

-

Class

A

(Software)

5,511

933,674

Booking

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

711

3,610,272

Box,

Inc.

\*

-

Class

A

(Software)

4,829

154,963

Carvana

Co.

\*

(Specialty

Retail)

4,605

1,411,617

Ciena

Corp.

\*

(Communications

Equipment)

4,714

895,283

Cisco

Systems,

Inc.

(Communications

Equipment)

64,224

4,695,416

Cloudflare,

Inc.

\*

-

Class

A

(IT

Services)

10,434

2,642,932

Confluent,

Inc.

\*

-

Class

A

(Software)

9,736

227,530

Copart,

Inc.

\*

(Commercial

Services

&

Supplies)

29,667

1,275,978

CoreWeave,

Inc.

\*

-

Class

A

(IT

Services)

7,289

974,612

Datadog,

Inc.

\*

-

Class

A

(Software)

10,781

1,755,255

DocuSign,

Inc.

\*

(Software)

6,739

492,890

DoorDash,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

12,345

3,140,198

DraftKings,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

16,557

506,479

Dropbox,

Inc.

\*

-

Class

A

(Software)

6,172

178,988

Duolingo,

Inc.

\*

(Diversified

Consumer

Services)

1,324

358,327

eBay,

Inc.

(Broadline

Retail)

15,241

1,239,246

F5,

Inc.

\*

(Communications

Equipment)

1,916

484,844

Flutter

Entertainment

PLC

\*

(Hotels,

Restaurants

&

Leisure)

5,862

1,363,443

GoDaddy,

Inc.

\*

-

Class

A

(IT

Services)

4,617

614,661

HubSpot,

Inc.

\*

(Software)

1,757

864,303

MARA

Holdings,

Inc.

\*(a)

(Software)

12,354

225,708

Meta

Platforms,

Inc.

-

Class

A

(Interactive

Media

&

Services)

11,502

7,457,322

Netflix,

Inc.

\*

(Entertainment)

6,892

7,711,183

Nutanix,

Inc.

\*

-

Class

A

(Software)

8,940

636,886

Okta,

Inc.

\*

(IT

Services)

5,575

510,280

Paycom

Software,

Inc.

(Professional

Services)

1,670

312,440

PayPal

Holdings,

Inc.

\*

(Financial

Services)

31,861

2,207,011

ROBLOX

Corp.

\*

-

Class

A

(Entertainment)

21,511

2,446,231

Salesforce,

Inc.

(Software)

16,046

4,178,538

Snowflake,

Inc.

\*

(IT

Services)

11,127

3,058,591

Common

Stocks,

continued

Shares

Value

Veeva

Systems,

Inc.

\*

-

Class

A

(Health

Care

Technology)

5,014

$

1,460,077

VeriSign,

Inc.

(IT

Services)

2,804

672,399

Workday,

Inc.

\*

-

Class

A

(Software)

7,203

1,728,144

Zoom

Video

Communications,

Inc.

\*

(Software)

8,680

757,156

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $32,996,335)

86,767,828

Repurchase

Agreements

(b)(c) (16.4%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$17,215,884

$

17,214,000

17,214,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$17,214,000)

17,214,000

Collateral

for

Securities

Loaned

(d) (0.1%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(e) 125,140

125,140

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $125,140)

125,140

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$50,335,475)— 99.4%

104,106,968

Net

other

assets

(liabilities) —

0.6%

598,029

NET

ASSETS

—

100.0%

$

104,704,997

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$125,277.

(b) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$13,075,000.

(c) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(d) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (e) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Dow

Jones

Composite

Internet

Index

Goldman

Sachs

International

11/24/25

4.62%

$

33,510,681

$

353,962

Dow

Jones

Composite

Internet

Index

UBS

AG

11/24/25

4.67%

36,649,505

411,803

$70,160,186

$765,765

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Internet

UltraSector

ProFund

Internet

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Broadline

Retail

$

10,410,439

9.9%

Commercial

Services

&

Supplies

1,275,978

1.2%

Communications

Equipment

10,147,730

9.7%

Diversified

Consumer

Services

358,327

0.3%

Entertainment

10,157,414

9.7%

Financial

Services

2,207,011

2.1%

Health

Care

Technology

1,460,077

1.4%

Hotels,

Restaurants

&

Leisure

10,431,053

10.1%

Interactive

Media

&

Services

17,629,104

16.8%

IT

Services

8,832,603

8.4%

Professional

Services

312,440

0.3%

Software

12,134,035

11.7%

Specialty

Retail

1,411,617

1.3%

Other

\*\*

17,937,169

17.1%

Total

$

104,704,997

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

::

Large-Cap

Growth

ProFund

::

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Common

Stocks

(100

.0

%)

Shares

Value

AbbVie,

Inc.

(Biotechnology)

$

106,403

Adobe,

Inc.

\*

(Software)

39,476

Airbnb,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

35,684

Allegion

PLC

(Building

Products)

4,973

Alphabet,

Inc.

-

Class

A

(Interactive

Media

&

Services)

3,832

1,077,519

Alphabet,

Inc.

-

Class

C

(Interactive

Media

&

Services)

3,077

867,160

Altria

Group,

Inc.

(Tobacco)

512

28,867

Amazon.com,

Inc.

\*

(Broadline

Retail)

3,709

905,813

American

Express

Co.

(Consumer

Finance)

129,141

Ameriprise

Financial,

Inc.

(Capital

Markets)

28,072

AMETEK,

Inc.

(Electrical

Equipment)

14,754

Amgen,

Inc.

(Biotechnology)

45,660

Amphenol

Corp.

-

Class

A

(Electronic

Equipment,

Instruments

&

Components)

805

112,169

Aon

PLC

-

Class

A

(Insurance)

24,870

Apollo

Global

Management,

Inc.

(Financial

Services)

37,915

Apple,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

4,498

1,216,124

Applied

Materials,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

51,748

AppLovin

Corp.

\*

-

Class

A

(Software)

114,082

Arch

Capital

Group,

Ltd.

(Insurance)

21,232

Arista

Networks,

Inc.

\*

(Communications

Equipment)

680

107,229

Arthur

J. Gallagher

&

Co.

(Insurance)

18,961

Autodesk,

Inc.

\*

(Software)

42,790

Automatic

Data

Processing,

Inc.

(Professional

Services)

39,826

AutoZone,

Inc.

\*

(Specialty

Retail)

40,419

AvalonBay

Communities,

Inc.

(Residential

REITs)

7,132

Axon

Enterprise,

Inc.

\*

(Aerospace

&

Defense)

38,076

Berkshire

Hathaway,

Inc.

\*

-

Class

B

(Financial

Services)

593

283,181

Block,

Inc.

\*

(Financial

Services)

10,176

Booking

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

101,555

Boston

Scientific

Corp.

\*

(Health

Care

Equipment

&

Supplies)

977

98,403

Broadcom,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

3,098

1,145,114

Broadridge

Financial

Solutions,

Inc.

(Professional

Services)

7,494

Brown

&

Brown,

Inc.

(Insurance)

15,470

Builders

FirstSource,

Inc.

\*

(Building

Products)

4,414

Cadence

Design

Systems,

Inc.

\*

(Software)

33,530

Camden

Property

Trust

(Residential

REITs)

3,581

Carnival

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

716

20,642

Carrier

Global

Corp.

(Building

Products)

15,110

Caterpillar,

Inc.

(Machinery)

177,795

CBRE

Group,

Inc.

\*

-

Class

A

(Real

Estate

Management

&

Development)

29,419

Chipotle

Mexican

Grill,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

886

28,077

Cincinnati

Financial

Corp.

(Insurance)

8,502

Cintas

Corp.

(Commercial

Services

&

Supplies)

41,419

Coinbase

Global,

Inc.

\*

-

Class

A

(Capital

Markets)

25,440

Colgate-Palmolive

Co.

(Household

Products)

18,184

Constellation

Energy

Corp.

(Electric

Utilities)

77,285

Copart,

Inc.

\*

(Commercial

Services

&

Supplies)

589

25,333

Corpay,

Inc.

\*

(Software)

12,497

Costco

Wholesale

Corp.

(Consumer

Staples

Distribution

&

Retail)

266,143

Crowdstrike

Holdings,

Inc.

\*

-

Class

A

(Software)

89,054

CSX

Corp.

(Ground

Transportation)

566

20,387

Cummins,

Inc.

(Machinery)

39,391

Darden

Restaurants,

Inc.

(Hotels,

Restaurants

&

Leisure)

6,125

Datadog,

Inc.

\*

-

Class

A

(Software)

34,516

DaVita,

Inc.

\*

(Health

Care

Providers

&

Services)

2,976

Dayforce,

Inc.

\*

(Professional

Services)

7,355

Deckers

Outdoor

Corp.

\*

(Textiles,

Apparel

&

Luxury

Goods)

8,150

Common

Stocks,

continued

Shares

Value

Deere

&

Co.

(Machinery)

$

34,161

Dell

Technologies,

Inc.

-

Class

C

(Technology

Hardware,

Storage

&

Peripherals)

15,229

Delta

Air

Lines,

Inc.

(Passenger

Airlines)

24,616

Dexcom,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

6,521

Domino's

Pizza,

Inc.

(Hotels,

Restaurants

&

Leisure)

3,188

DoorDash,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

62,066

Dover

Corp.

(Machinery)

7,440

Eaton

Corp.

PLC

(Electrical

Equipment)

98,061

eBay,

Inc.

(Broadline

Retail)

16,425

Ecolab,

Inc.

(Chemicals)

21,281

Electronic

Arts,

Inc.

(Entertainment)

12,004

Eli

Lilly

&

Co.

(Pharmaceuticals)

524

452,139

EMCOR

Group,

Inc.

(Construction

&

Engineering)

19,598

Emerson

Electric

Co.

(Electrical

Equipment)

35,311

Equinix,

Inc.

(Specialized

REITs)

25,380

Erie

Indemnity

Co.

-

Class

A

(Insurance)

4,975

Essex

Property

Trust,

Inc.

(Residential

REITs)

5,035

Expedia

Group,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

17,160

Extra

Space

Storage,

Inc.

(Specialized

REITs)

8,279

F5,

Inc.

\*

(Communications

Equipment)

4,555

FactSet

Research

Systems,

Inc.

(Capital

Markets)

2,935

Fair

Isaac

Corp.

\*

(Software)

26,552

Fastenal

Co.

(Trading

Companies

&

Distributors)

17,818

First

Horizon

Corp.

(Banks)

First

Solar,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

9,877

Fiserv,

Inc.

\*

(Financial

Services)

23,875

Fortinet,

Inc.

\*

(Software)

37,165

Garmin,

Ltd.

(Household

Durables)

22,891

Gartner,

Inc.

\*

(IT

Services)

12,417

GE

Vernova,

Inc.

(Electrical

Equipment)

105,326

Gen

Digital,

Inc.

(Software)

5,667

Generac

Holdings,

Inc.

\*

(Electrical

Equipment)

3,864

General

Electric

Co.

(Industrial

Conglomerates)

88,360

GoDaddy,

Inc.

\*

-

Class

A

(IT

Services)

11,982

HCA

Healthcare,

Inc.

(Health

Care

Providers

&

Services)

29,419

Hilton

Worldwide

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

39,829

Host

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

4,261

Howmet

Aerospace,

Inc.

(Aerospace

&

Defense)

54,989

Hubbell,

Inc.

(Electrical

Equipment)

16,450

Illinois

Tool

Works,

Inc.

(Machinery)

17,806

Incyte

Corp.

\*

(Biotechnology)

6,076

Ingersoll

Rand,

Inc.

(Machinery)

18,243

Insulet

Corp.

\*

(Health

Care

Equipment

&

Supplies)

14,711

Interactive

Brokers

Group,

Inc.

-

Class

A

(Capital

Markets)

20,756

Intercontinental

Exchange,

Inc.

(Capital

Markets)

28,673

International

Business

Machines

Corp.

(IT

Services)

614

188,749

Intuit,

Inc.

(Software)

122,829

Intuitive

Surgical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

126,625

Iron

Mountain,

Inc.

(Specialized

REITs)

20,075

Jack

Henry

&

Associates,

Inc.

(Financial

Services)

2,830

JPMorgan

Chase

&

Co.

(Banks)

1,032

321,076

KKR

&

Co.,

Inc.

(Capital

Markets)

23,666

KLA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

105,160

Las

Vegas

Sands

Corp.

(Hotels,

Restaurants

&

Leisure)

12,167

Leidos

Holdings,

Inc.

(Professional

Services)

8,571

Lennox

International,

Inc.

(Building

Products)

10,100

Live

Nation

Entertainment,

Inc.

\*

(Entertainment)

15,551

Lululemon

Athletica,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

5,798

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

::

Large-Cap

Growth

ProFund

Common

Stocks,

continued

Shares

Value

Marriott

International,

Inc.

-

Class

A

(Hotels,

Restaurants

&

Leisure)

$

38,749

Marsh

&

McLennan

Cos.,

Inc.

(Insurance)

25,654

Martin

Marietta

Materials,

Inc.

(Construction

Materials)

12,262

Masco

Corp.

(Building

Products)

3,756

MasterCard,

Inc.

-

Class

A

(Financial

Services)

543

299,731

Meta

Platforms,

Inc.

-

Class

A

(Interactive

Media

&

Services)

1,428

925,844

Mettler-Toledo

International,

Inc.

\*

(Life

Sciences

Tools

&

Services)

8,498

Microsoft

Corp.

(Software)

2,547

1,318,862

Mid-America

Apartment

Communities,

Inc.

(Residential

REITs)

4,103

Monolithic

Power

Systems,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

31,155

Monster

Beverage

Corp.

\*

(Beverages)

13,901

Moody's

Corp.

(Capital

Markets)

25,936

Morgan

Stanley

(Capital

Markets)

59,041

Motorola

Solutions,

Inc.

(Communications

Equipment)

44,331

MSCI,

Inc.

(Capital

Markets)

30,016

Nasdaq,

Inc.

(Capital

Markets)

10,515

NetApp,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

7,185

Netflix,

Inc.

\*

(Entertainment)

313,280

NextEra

Energy,

Inc.

(Electric

Utilities)

910

74,074

Norwegian

Cruise

Lines

Holdings,

Ltd.

\*

(Hotels,

Restaurants

&

Leisure)

6,704

NRG

Energy,

Inc.

(Electric

Utilities)

21,826

NVIDIA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

16,077

3,255,432

NVR,

Inc.

\*

(Household

Durables)

7,211

NXP

Semiconductors

N.V.

(Semiconductors

&

Semiconductor

Equipment)

14,011

Old

Dominion

Freight

Line,

Inc.

(Ground

Transportation)

8,004

ONEOK,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

15,745

Oracle

Corp.

(Software)

1,091

286,508

O'Reilly

Automotive,

Inc.

\*

(Specialty

Retail)

560

52,886

PACCAR,

Inc.

(Machinery)

18,794

Packaging

Corp.

of

America

(Containers

&

Packaging)

5,677

Palantir

Technologies,

Inc.

-

Class

A

(Software)

1,499

300,505

Palo

Alto

Networks,

Inc.

\*

(Software)

97,126

Parker-Hannifin

Corp.

(Machinery)

65,690

Paychex,

Inc.

(Professional

Services)

11,820

Paycom

Software,

Inc.

(Professional

Services)

6,361

PayPal

Holdings,

Inc.

\*

(Financial

Services)

29,301

Pentair

PLC

(Machinery)

7,445

Philip

Morris

International,

Inc.

(Tobacco)

554

79,958

PPL

Corp.

(Electric

Utilities)

9,313

PTC,

Inc.

\*

(Software)

7,346

Public

Service

Enterprise

Group,

Inc.

(Multi-Utilities)

12,567

Public

Storage

(Specialized

REITs)

28,971

PulteGroup,

Inc.

(Household

Durables)

15,703

Quanta

Services,

Inc.

(Construction

&

Engineering)

44,014

Ralph

Lauren

Corp.

(Textiles,

Apparel

&

Luxury

Goods)

7,992

Raymond

James

Financial,

Inc.

(Capital

Markets)

11,583

Raytheon

Technologies

Corp.

(Aerospace

&

Defense)

503

89,785

Republic

Services,

Inc.

(Commercial

Services

&

Supplies)

27,696

ResMed,

Inc.

(Health

Care

Equipment

&

Supplies)

23,700

Robinhood

Markets,

Inc.

\*

-

Class

A

(Capital

Markets)

50,052

Rollins,

Inc.

(Commercial

Services

&

Supplies)

6,279

Royal

Caribbean

Cruises,

Ltd.

\*

(Hotels,

Restaurants

&

Leisure)

47,614

S&P

Global,

Inc.

(Capital

Markets)

47,259

Common

Stocks,

continued

Shares

Value

Salesforce,

Inc.

(Software)

631

$

164,319

ServiceNow,

Inc.

\*

(Software)

125,941

Simon

Property

Group,

Inc.

(Retail

REITs)

37,613

Stryker

Corp.

(Health

Care

Equipment

&

Supplies)

42,393

Super

Micro

Computer,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

17,303

Synchrony

Financial

(Consumer

Finance)

18,372

Synopsys,

Inc.

\*

(Software)

29,044

Tapestry,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

15,045

Targa

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

22,028

Tesla,

Inc.

\*

(Automobiles)

1,850

844,636

Texas

Pacific

Land

Corp.

(Oil,

Gas

&

Consumable

Fuels)

11,321

The

Bank

of

New

York

Mellon

Corp.

(Capital

Markets)

27,090

The

Hartford

Financial

Services

Group,

Inc.

(Insurance)

12,791

The

Home

Depot,

Inc.

(Specialty

Retail)

109,321

The

Progressive

Corp.

(Insurance)

79,516

The

Sherwin-Williams

Co.

(Chemicals)

30,010

The

TJX

Cos.,

Inc.

(Specialty

Retail)

60,821

The

Trade

Desk,

Inc.

\*

-

Class

A

(Media)

14,782

The

Williams

Cos.,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

24,305

TKO

Group

Holdings,

Inc.

\*

(Entertainment)

8,855

T-Mobile

U.S.,

Inc.

(Wireless

Telecommunication

Services)

35,709

Tractor

Supply

Co.

(Specialty

Retail)

10,281

Trane

Technologies

PLC

(Building

Products)

65,504

TransDigm

Group,

Inc.

(Aerospace

&

Defense)

48,415

Trimble,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

5,662

Tyler

Technologies,

Inc.

\*

(Software)

13,335

Uber

Technologies,

Inc.

\*

(Ground

Transportation)

1,375

132,688

UDR,

Inc.

(Residential

REITs)

3,032

United

Airlines

Holdings,

Inc.

\*

(Passenger

Airlines)

20,031

United

Rentals,

Inc.

(Trading

Companies

&

Distributors)

36,590

Veralto

Corp.

(Commercial

Services

&

Supplies)

7,697

Verisk

Analytics,

Inc.

(Professional

Services)

8,750

Vertex

Pharmaceuticals,

Inc.

\*

(Biotechnology)

72,347

Visa,

Inc.

-

Class

A

(Financial

Services)

1,118

380,946

Vistra

Corp.

(Independent

Power/Renewable

Electricity

Producers)

39,543

Vulcan

Materials

Co.

(Construction

Materials)

15,923

W.R.

Berkley

Corp.

(Insurance)

7,847

W.W.

Grainger,

Inc.

(Trading

Companies

&

Distributors)

28,391

Wabtec

Corp.

(Machinery)

23,102

Walmart,

Inc.

(Consumer

Staples

Distribution

&

Retail)

1,939

196,188

Waste

Management,

Inc.

(Commercial

Services

&

Supplies)

25,970

Waters

Corp.

\*

(Life

Sciences

Tools

&

Services)

6,293

Welltower,

Inc.

(Health

Care

REITs)

43,269

Williams-Sonoma,

Inc.

(Specialty

Retail)

15,742

Willis

Towers

Watson

PLC

(Insurance)

9,706

Workday,

Inc.

\*

-

Class

A

(Software)

16,075

Wynn

Resorts,

Ltd.

\*

(Hotels,

Restaurants

&

Leisure)

6,663

Yum!

Brands,

Inc.

(Hotels,

Restaurants

&

Leisure)

10,504

Zebra

Technologies

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

4,039

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $8,939,017)

21,222,912

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$8,939,017)— 100.0%

21,222,912

Net

other

assets

(liabilities)

—

NM

%

(4,379)

NET

ASSETS

—

100.0%

$

21,218,533

::

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Large-Cap

Growth

ProFund

\*

Non-income

producing

security.

REIT

Real

Estate

Investment

Trust

Large-Cap

Growth

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

231,265

1.1%

Automobiles

844,636

4.0%

Banks

321,093

1.5%

Beverages

13,901

0.1%

Biotechnology

230,486

1.1%

Broadline

Retail

922,238

4.2%

Building

Products

103,857

0.5%

Capital

Markets

391,034

1.8%

Chemicals

51,291

0.3%

Commercial

Services

&

Supplies

134,394

0.6%

Communications

Equipment

156,115

0.7%

Construction

&

Engineering

63,612

0.3%

Construction

Materials

28,185

0.1%

Consumer

Finance

147,513

0.7%

Consumer

Staples

Distribution

&

Retail

462,331

2.1%

Containers

&

Packaging

5,677

NM

Electric

Utilities

182,498

0.8%

Electrical

Equipment

273,766

1.3%

Electronic

Equipment,

Instruments

&

Components

121,870

0.6%

Entertainment

349,690

1.6%

Financial

Services

1,067,955

5.0%

Ground

Transportation

161,079

0.8%

Health

Care

Equipment

&

Supplies

312,353

1.5%

Health

Care

Providers

&

Services

32,395

0.2%

Health

Care

REITs

43,269

0.2%

Hotel

&

Resort

REITs

4,261

NM

Hotels,

Restaurants

&

Leisure

436,727

2.1%

Household

Durables

45,805

0.2%

Household

Products

18,184

0.1%

Independent

Power/Renewable

Electricity

Producers

39,543

0.2%

Industrial

Conglomerates

88,360

0.4%

Insurance

229,524

1.1%

Interactive

Media

&

Services

2,870,523

13.6%

IT

Services

213,148

1.0%

Life

Sciences

Tools

&

Services

14,791

0.1%

Machinery

409,867

1.9%

Media

14,782

0.1%

Multi-Utilities

12,567

0.1%

Oil,

Gas

&

Consumable

Fuels

73,399

0.3%

Passenger

Airlines

44,647

0.2%

Pharmaceuticals

452,139

2.0%

Professional

Services

90,177

0.4%

Real

Estate

Management

&

Development

29,419

0.1%

Residential

REITs

22,883

0.1%

Retail

REITs

37,613

0.2%

Semiconductors

&

Semiconductor

Equipment

4,612,497

21.8%

Software

2,917,219

13.9%

Specialized

REITs

82,705

0.4%

Specialty

Retail

289,470

1.4%

Technology

Hardware,

Storage

&

Peripherals

1,255,841

5.9%

Textiles,

Apparel

&

Luxury

Goods

36,985

0.2%

Tobacco

108,825

0.5%

Trading

Companies

&

Distributors

82,799

0.4%

Wireless

Telecommunication

Services

35,709

0.2%

Other

\*\*

(4,379)

NM

Total

$

21,218,533

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

NM

Not

meaningful,

amount

is

less

than

0.05%

REIT

Real

Estate

Investment

Trust

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Large-Cap

Value

ProFund

Common

Stocks

(100.5%)

Shares

Value

3M

Co.

(Industrial

Conglomerates)

$

28,472

A.O.

Smith

Corp.

(Building

Products)

2,442

Abbott

Laboratories

(Health

Care

Equipment

&

Supplies)

559

69,103

AbbVie,

Inc.

(Biotechnology)

71,735

Accenture

PLC

-

Class

A

(IT

Services)

50,019

Adobe,

Inc.

\*

(Software)

26,884

Advanced

Micro

Devices,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

521

133,439

Aflac,

Inc.

(Insurance)

16,614

Agilent

Technologies,

Inc.

(Life

Sciences

Tools

&

Services)

13,319

Air

Products

&

Chemicals,

Inc.

(Chemicals)

17,224

Akamai

Technologies,

Inc.

\*

(IT

Services)

3,455

Albemarle

Corp.

(Chemicals)

3,733

Alexandria

Real

Estate

Equities,

Inc.

(Office

REITs)

2,911

Align

Technology,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

3,033

Allegion

PLC

(Building

Products)

2,155

Alliant

Energy

Corp.

(Electric

Utilities)

5,479

Allstate

Corp.

(Insurance)

16,279

Altria

Group,

Inc.

(Tobacco)

16,407

Amazon.com,

Inc.

\*

(Broadline

Retail)

1,309

319,684

Amcor

PLC

(Containers

&

Packaging)

740

5,846

Ameren

Corp.

(Multi-Utilities)

8,876

American

Electric

Power

Co.,

Inc.

(Electric

Utilities)

20,685

American

International

Group,

Inc.

(Insurance)

14,055

American

Tower

Corp.

-

Class

A

(Specialized

REITs)

26,847

American

Water

Works

Co.,

Inc.

(Water

Utilities)

8,091

AMETEK,

Inc.

(Electrical

Equipment)

7,882

Amgen,

Inc.

(Biotechnology)

29,545

Analog

Devices,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

37,227

Aon

PLC

-

Class

A

(Insurance)

11,583

APA

Corp.

(Oil,

Gas

&

Consumable

Fuels)

2,605

Apple,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

2,573

695,661

Applied

Materials,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

34,732

Aptiv

PLC

\*

(Automobile

Components)

5,677

Archer-Daniels-Midland

Co.

(Food

Products)

9,322

Arthur

J. Gallagher

&

Co.

(Insurance)

11,227

Assurant,

Inc.

(Insurance)

3,388

AT&T,

Inc.

(Diversified

Telecommunication

Services)

2,296

56,826

Atmos

Energy

Corp.

(Gas

Utilities)

8,929

Automatic

Data

Processing,

Inc.

(Professional

Services)

14,577

AvalonBay

Communities,

Inc.

(Residential

REITs)

4,522

Avery

Dennison

Corp.

(Containers

&

Packaging)

4,372

Baker

Hughes

Co.

(Energy

Equipment

&

Services)

15,346

Ball

Corp.

(Containers

&

Packaging)

4,089

Bank

of

America

Corp.

(Banks)

2,188

116,949

Baxter

International,

Inc.

(Health

Care

Equipment

&

Supplies)

3,048

Becton,

Dickinson

&

Co.

(Health

Care

Equipment

&

Supplies)

16,441

Berkshire

Hathaway,

Inc.

\*

-

Class

B

(Financial

Services)

143,263

Best

Buy

Co.,

Inc.

(Specialty

Retail)

5,175

Biogen,

Inc.

\*

(Biotechnology)

7,251

Bio-Techne

Corp.

(Life

Sciences

Tools

&

Services)

3,129

BlackRock,

Inc.

(Capital

Markets)

49,808

Blackstone,

Inc.

(Capital

Markets)

34,754

Block,

Inc.

\*

(Financial

Services)

8,429

Boston

Properties,

Inc.

(Office

REITs)

3,346

Bristol-Myers

Squibb

Co.

(Pharmaceuticals)

653

30,084

Broadridge

Financial

Solutions,

Inc.

(Professional

Services)

4,628

Brown-Forman

Corp.

\*

-

Class

B

(Beverages)

1,552

Common

Stocks,

continued

Shares

Value

Builders

FirstSource,

Inc.

\*

(Building

Products)

$

1,975

Bunge

Global

SA

(Food

Products)

4,257

C.H.

Robinson

Worldwide,

Inc.

(Air

Freight

&

Logistics)

5,852

Cadence

Design

Systems,

Inc.

\*

(Software)

13,209

Camden

Property

Trust

(Residential

REITs)

1,691

Campbell

Soup

Co.

(Food

Products)

1,898

Capital

One

Financial

Corp.

(Consumer

Finance)

45,098

Cardinal

Health,

Inc.

(Health

Care

Providers

&

Services)

14,689

Carrier

Global

Corp.

(Building

Products)

7,972

Cboe

Global

Markets,

Inc.

\*

(Capital

Markets)

8,352

CDW

Corp.

(Electronic

Equipment,

Instruments

&

Components)

6,694

Cencora,

Inc.

(Health

Care

Providers

&

Services)

20,944

Centene

Corp.

\*

(Health

Care

Providers

&

Services)

5,306

CenterPoint

Energy,

Inc.

(Multi-Utilities)

8,030

CF

Industries

Holdings,

Inc.

(Chemicals)

4,331

Charles

River

Laboratories

International,

Inc.

\*

(Life

Sciences

Tools

&

Services)

2,881

Charter

Communications,

Inc.

\*

-

Class

A

(Media)

7,014

Chevron

Corp.

(Oil,

Gas

&

Consumable

Fuels)

618

97,471

Chubb,

Ltd.

(Insurance)

32,955

Church

&

Dwight

Co.,

Inc.

(Household

Products)

6,840

Cincinnati

Financial

Corp.

(Insurance)

3,710

Cisco

Systems,

Inc.

(Communications

Equipment)

1,271

92,922

Citigroup,

Inc.

(Banks)

591

59,827

Citizens

Financial

Group,

Inc.

(Banks)

7,020

CME

Group,

Inc.

(Capital

Markets)

30,797

CMS

Energy

Corp.

(Multi-Utilities)

7,061

Cognizant

Technology

Solutions

Corp.

-

Class

A

(IT

Services)

11,442

Coinbase

Global,

Inc.

\*

-

Class

A

(Capital

Markets)

12,720

Colgate-Palmolive

Co.

(Household

Products)

11,172

Comcast

Corp.

-

Class

A

(Media)

1,182

32,900

Conagra

Brands,

Inc.

(Food

Products)

2,647

ConocoPhillips

(Oil,

Gas

&

Consumable

Fuels)

35,633

Consolidated

Edison,

Inc.

(Multi-Utilities)

11,300

Constellation

Brands,

Inc.

-

Class

A

(Beverages)

6,043

Corning,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

22,270

Corteva,

Inc.

(Chemicals)

13,394

CoStar

Group,

Inc.

\*

(Real

Estate

Management

&

Development)

9,358

Coterra

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

5,797

Crown

Castle

International

Corp.

(Specialized

REITs)

12,631

CSX

Corp.

(Ground

Transportation)

11,634

CVS

Health

Corp.

(Health

Care

Providers

&

Services)

31,807

D.R.

Horton,

Inc.

(Household

Durables)

13,268

Danaher

Corp.

(Life

Sciences

Tools

&

Services)

44,153

Darden

Restaurants,

Inc.

(Hotels,

Restaurants

&

Leisure)

3,783

Deere

&

Co.

(Machinery)

20,774

Dell

Technologies,

Inc.

-

Class

C

(Technology

Hardware,

Storage

&

Peripherals)

8,425

Devon

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

6,628

Dexcom,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

4,192

Diamondback

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

8,591

Digital

Realty

Trust,

Inc.

(Specialized

REITs)

17,552

Dollar

General

Corp.

(Consumer

Staples

Distribution

&

Retail)

7,005

Dollar

Tree,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

6,145

Dominion

Energy,

Inc.

(Multi-Utilities)

16,081

Domino's

Pizza,

Inc.

(Hotels,

Restaurants

&

Leisure)

2,391

Dover

Corp.

(Machinery)

4,355

Dow,

Inc.

(Chemicals)

5,438

DTE

Energy

Co.

(Multi-Utilities)

9,081

Duke

Energy

Corp.

(Electric

Utilities)

31,075

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Large-Cap

Value

ProFund

Common

Stocks,

continued

Shares

Value

DuPont

de

Nemours,

Inc.

(Chemicals)

$

10,941

Eastman

Chemical

Co.

(Chemicals)

2,202

eBay,

Inc.

(Broadline

Retail)

3,903

Ecolab,

Inc.

(Chemicals)

10,769

Edison

International

(Electric

Utilities)

6,867

Edwards

LifeSciences

Corp.

\*

(Health

Care

Equipment

&

Supplies)

15,501

Electronic

Arts,

Inc.

(Entertainment)

8,603

Elevance

Health,

Inc.

(Health

Care

Providers

&

Services)

22,838

Emerson

Electric

Co.

(Electrical

Equipment)

8,095

Entergy

Corp.

(Electric

Utilities)

13,741

EOG

Resources,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

18,522

EPAM

Systems,

Inc.

\*

(IT

Services)

2,944

EQT

Corp.

(Oil,

Gas

&

Consumable

Fuels)

10,716

Equifax,

Inc.

(Professional

Services)

8,444

Equinix,

Inc.

(Specialized

REITs)

14,382

Equity

Residential

(Residential

REITs)

6,658

Essex

Property

Trust,

Inc.

(Residential

REITs)

2,769

Everest

Group,

Ltd.

(Insurance)

4,089

Evergy,

Inc.

(Electric

Utilities)

5,684

Eversource

Energy

(Electric

Utilities)

8,783

Exelon

Corp.

(Electric

Utilities)

14,943

Expand

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

7,852

Expeditors

International

of

Washington,

Inc.

(Air

Freight

&

Logistics)

5,364

Extra

Space

Storage,

Inc.

(Specialized

REITs)

4,941

Exxon

Mobil

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,369

156,558

F5,

Inc.

\*

(Communications

Equipment)

2,531

FactSet

Research

Systems,

Inc.

(Capital

Markets)

1,868

Fastenal

Co.

(Trading

Companies

&

Distributors)

6,502

Federal

Realty

Investment

Trust

(Retail

REITs)

2,405

FedEx

Corp.

(Air

Freight

&

Logistics)

17,767

Fidelity

National

Information

Services,

Inc.

(Financial

Services)

10,503

Fifth

Third

Bancorp

(Banks)

8,823

First

Horizon

Corp.

(Banks)

First

Solar,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

4,271

FirstEnergy

Corp.

(Electric

Utilities)

7,654

Ford

Motor

Co.

(Automobiles)

1,255

16,478

Fortive

Corp.

\*

(Machinery)

5,487

Fox

Corp.

\*

-

Class

A

(Media)

4,332

Fox

Corp.

-

Class

B

(Media)

2,804

Franklin

Resources,

Inc.

(Capital

Markets)

2,216

Freeport-McMoRan,

Inc.

(Metals

&

Mining)

19,224

GE

HealthCare

Technologies,

Inc.

(Health

Care

Equipment

&

Supplies)

11,018

Gen

Digital,

Inc.

(Software)

2,003

Generac

Holdings,

Inc.

\*

(Electrical

Equipment)

1,176

General

Dynamics

Corp.

(Aerospace

&

Defense)

27,937

General

Electric

Co.

(Industrial

Conglomerates)

62,099

General

Mills,

Inc.

(Food

Products)

8,017

General

Motors

Co.

(Automobiles)

21,142

Genuine

Parts

Co.

(Distributors)

5,728

Gilead

Sciences,

Inc.

(Biotechnology)

47,676

Global

Payments,

Inc.

(Financial

Services)

6,065

Globe

Life,

Inc.

(Insurance)

3,419

Halliburton

Co.

(Energy

Equipment

&

Services)

7,354

Hasbro,

Inc.

(Leisure

Products)

3,281

HCA

Healthcare,

Inc.

(Health

Care

Providers

&

Services)

10,113

Healthpeak

Properties,

Inc.

(Health

Care

REITs)

4,003

Henry

Schein,

Inc.

\*

(Health

Care

Providers

&

Services)

2,086

Common

Stocks,

continued

Shares

Value

Hewlett

Packard

Enterprise

Co.

(Technology

Hardware,

Storage

&

Peripherals)

$

10,281

Hologic,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

5,248

Honeywell

International,

Inc.

(Industrial

Conglomerates)

41,071

Hormel

Foods

Corp.

(Food

Products)

2,029

Host

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

1,218

HP,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

8,356

Humana,

Inc.

(Health

Care

Providers

&

Services)

10,849

Huntington

Bancshares,

Inc.

(Banks)

505

7,797

Huntington

Ingalls

Industries,

Inc.

(Aerospace

&

Defense)

4,186

IDEX

Corp.

(Machinery)

4,115

IDEXX

Laboratories,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

16,367

Illinois

Tool

Works,

Inc.

(Machinery)

12,197

Incyte

Corp.

\*

(Biotechnology)

1,963

Intel

Corp.

(Semiconductors

&

Semiconductor

Equipment)

1,405

56,186

Intercontinental

Exchange,

Inc.

(Capital

Markets)

12,874

International

Flavors

&

Fragrances,

Inc.

(Chemicals)

5,164

International

Paper

Co.

(Containers

&

Packaging)

6,568

Invesco,

Ltd.

(Capital

Markets)

3,389

Invitation

Homes,

Inc.

(Residential

REITs)

5,095

IQVIA

Holdings,

Inc.

\*

(Life

Sciences

Tools

&

Services)

11,905

J.B.

Hunt

Transport

Services,

Inc.

(Ground

Transportation)

4,222

Jabil,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

7,510

Jack

Henry

&

Associates,

Inc.

(Financial

Services)

2,085

Jacobs

Solutions,

Inc.

(Professional

Services)

5,921

Johnson

&

Johnson

(Pharmaceuticals)

773

145,996

Johnson

Controls

International

PLC

(Building

Products)

24,021

JPMorgan

Chase

&

Co.

(Banks)

118,227

Kellanova

(Food

Products)

7,143

Kenvue,

Inc.

(Personal

Care

Products)

616

8,852

Keurig

Dr

Pepper,

Inc.

(Beverages)

11,842

KeyCorp

(Banks)

5,259

Keysight

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

10,063

Kimberly-Clark

Corp.

(Household

Products)

12,809

Kimco

Realty

Corp.

(Retail

REITs)

4,483

Kinder

Morgan,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

628

16,447

KKR

&

Co.,

Inc.

(Capital

Markets)

14,555

L3Harris

Technologies,

Inc.

(Aerospace

&

Defense)

17,346

Labcorp

Holdings,

Inc.

(Health

Care

Providers

&

Services)

6,857

Lam

Research

Corp.

(Semiconductors

&

Semiconductor

Equipment)

63,929

Lamb

Weston

Holdings,

Inc.

(Food

Products)

2,778

Leidos

Holdings,

Inc.

(Professional

Services)

3,809

Lennar

Corp.

-

Class

A

(Household

Durables)

9,035

Linde

PLC

(Chemicals)

63,162

LKQ

Corp.

(Distributors)

2,653

Lockheed

Martin

Corp.

(Aerospace

&

Defense)

32,464

Loews

Corp.

(Insurance)

5,476

Lowe's

Cos.,

Inc.

(Specialty

Retail)

42,863

Lululemon

Athletica,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

3,240

LyondellBasell

Industries

N.V.

-

Class

A

(Chemicals)

3,853

M&T

Bank

Corp.

(Banks)

9,194

Marathon

Petroleum

Corp.

(Oil,

Gas

&

Consumable

Fuels)

19,101

Marriott

International,

Inc.

-

Class

A

(Hotels,

Restaurants

&

Leisure)

Marsh

&

McLennan

Cos.,

Inc.

(Insurance)

15,677

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Large-Cap

Value

ProFund

Common

Stocks,

continued

Shares

Value

Martin

Marietta

Materials,

Inc.

(Construction

Materials)

$

5,518

Masco

Corp.

(Building

Products)

2,590

Match

Group,

Inc.

(Interactive

Media

&

Services)

2,490

McCormick

&

Co.,

Inc.

(Food

Products)

5,197

McDonald's

Corp.

(Hotels,

Restaurants

&

Leisure)

68,340

McKesson

Corp.

(Health

Care

Providers

&

Services)

32,454

Medtronic

PLC

(Health

Care

Equipment

&

Supplies)

37,278

Merck

&

Co.,

Inc.

(Pharmaceuticals)

802

68,956

MetLife,

Inc.

(Insurance)

14,288

Mettler-Toledo

International,

Inc.

\*

(Life

Sciences

Tools

&

Services)

5,665

MGM

Resorts

International

\*

(Hotels,

Restaurants

&

Leisure)

2,114

Microchip

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

10,799

Micron

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

80,333

Microsoft

Corp.

(Software)

1,145

592,893

Mid-America

Apartment

Communities,

Inc.

(Residential

REITs)

2,821

Moderna,

Inc.

\*

(Biotechnology)

3,015

Mohawk

Industries,

Inc.

\*

(Household

Durables)

1,932

Molina

Healthcare,

Inc.

\*

(Health

Care

Providers

&

Services)

2,602

Molson

Coors

Beverage

Co.

\*

-

Class

B

(Beverages)

2,361

Mondelez

International,

Inc.

-

Class

A

(Food

Products)

23,846

Monster

Beverage

Corp.

\*

(Beverages)

8,554

Moody's

Corp.

(Capital

Markets)

11,527

Morgan

Stanley

(Capital

Markets)

35,096

Nasdaq,

Inc.

(Capital

Markets)

7,352

NetApp,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

4,005

Newmont

Corp.

(Metals

&

Mining)

28,582

News

Corp.

\*

-

Class

A

(Media)

3,207

News

Corp.

\*

-

Class

B

(Media)

1,219

NextEra

Energy,

Inc.

(Electric

Utilities)

17,745

NIKE,

Inc.

-

Class

B

(Textiles,

Apparel

&

Luxury

Goods)

24,609

NiSource,

Inc.

(Multi-Utilities)

6,359

Nordson

Corp.

(Machinery)

3,943

Norfolk

Southern

Corp.

(Ground

Transportation)

20,403

Northern

Trust

Corp.

(Capital

Markets)

7,849

Northrop

Grumman

Corp.

(Aerospace

&

Defense)

25,088

Nucor

Corp.

(Metals

&

Mining)

11,104

NXP

Semiconductors

N.V.

(Semiconductors

&

Semiconductor

Equipment)

10,247

Occidental

Petroleum

Corp.

(Oil,

Gas

&

Consumable

Fuels)

9,517

Old

Dominion

Freight

Line,

Inc.

(Ground

Transportation)

4,493

Omnicom

Group,

Inc.

(Media)

4,651

ON

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

6,560

ONEOK,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

5,963

Otis

Worldwide

Corp.

(Machinery)

11,688

PACCAR,

Inc.

(Machinery)

7,478

Packaging

Corp.

of

America

(Containers

&

Packaging)

2,741

Paramount

Skydance

Corp.

\*(a)

-

Class

B

(Media)

1,524

Paychex,

Inc.

(Professional

Services)

6,437

PayPal

Holdings,

Inc.

\*

(Financial

Services)

6,996

Pentair

PLC

(Machinery)

1,914

PepsiCo,

Inc.

(Beverages)

64,280

Pfizer,

Inc.

(Pharmaceuticals)

1,825

44,986

PG&E

Corp.

(Electric

Utilities)

706

11,268

Philip

Morris

International,

Inc.

(Tobacco)

33,195

Common

Stocks,

continued

Shares

Value

Phillips

(Oil,

Gas

&

Consumable

Fuels)

$

17,698

Pinnacle

West

Capital

Corp.

(Electric

Utilities)

3,364

PNC

Financial

Services

Group,

Inc.

(Banks)

23,001

Pool

Corp.

(Distributors)

2,938

PPG

Industries,

Inc.

(Chemicals)

7,038

PPL

Corp.

(Electric

Utilities)

4,163

Principal

Financial

Group,

Inc.

(Insurance)

5,463

Prologis,

Inc.

(Industrial

REITs)

36,979

Prudential

Financial,

Inc.

(Insurance)

11,752

PTC,

Inc.

\*

(Software)

3,971

Public

Service

Enterprise

Group,

Inc.

(Multi-Utilities)

6,848

QUALCOMM,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

62,591

Quest

Diagnostics,

Inc.

(Health

Care

Providers

&

Services)

6,334

Ralliant

Corp.

\*

(Electrical

Equipment)

Raymond

James

Financial,

Inc.

(Capital

Markets)

3,491

Raytheon

Technologies

Corp.

(Aerospace

&

Defense)

33,023

Realty

Income

Corp.

(Retail

REITs)

17,046

Regency

Centers

Corp.

(Retail

REITs)

3,585

Regeneron

Pharmaceuticals,

Inc.

\*

(Biotechnology)

21,509

Regions

Financial

Corp.

(Banks)

6,921

Revvity,

Inc.

(Life

Sciences

Tools

&

Services)

3,463

Robinhood

Markets,

Inc.

\*

-

Class

A

(Capital

Markets)

12,036

Rockwell

Automation,

Inc.

(Electrical

Equipment)

13,261

Rollins,

Inc.

(Commercial

Services

&

Supplies)

2,189

Roper

Technologies,

Inc.

(Software)

15,615

Ross

Stores,

Inc.

(Specialty

Retail)

16,687

S&P

Global,

Inc.

(Capital

Markets)

25,822

SBA

Communications

Corp.

-

Class

A

(Specialized

REITs)

6,510

Seagate

Technology

Holdings

PLC

(Technology

Hardware,

Storage

&

Peripherals)

17,400

Sempra

(Multi-Utilities)

19,215

Skyworks

Solutions,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

3,731

SLB

Ltd.

(Energy

Equipment

&

Services)

17,273

Smurfit

WestRock

PLC

(Containers

&

Packaging)

6,203

Snap-on,

Inc.

(Machinery)

5,704

Solstice

Advanced

Materials,

Inc.

\*

(Chemicals)

2,299

Solventum

Corp.

\*

(Health

Care

Equipment

&

Supplies)

3,245

Southwest

Airlines

Co.

(Passenger

Airlines)

5,121

Stanley

Black

&

Decker,

Inc.

(Machinery)

3,386

Starbucks

Corp.

(Hotels,

Restaurants

&

Leisure)

29,518

State

Street

Corp.

(Capital

Markets)

10,525

Steel

Dynamics,

Inc.

(Metals

&

Mining)

6,899

STERIS

PLC

(Health

Care

Equipment

&

Supplies)

7,542

Stryker

Corp.

(Health

Care

Equipment

&

Supplies)

18,524

Synopsys,

Inc.

\*

(Software)

13,161

Sysco

Corp.

(Consumer

Staples

Distribution

&

Retail)

11,365

T. Rowe

Price

Group,

Inc.

(Capital

Markets)

7,280

Take-Two

Interactive

Software,

Inc.

\*

(Entertainment)

14,357

Target

Corp.

(Consumer

Staples

Distribution

&

Retail)

13,537

TE

Connectivity,

Ltd.

(Electronic

Equipment,

Instruments

&

Components)

23,466

Teledyne

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

7,902

Teradyne,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

9,270

Texas

Instruments,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

47,146

Textron,

Inc.

\*

(Aerospace

&

Defense)

4,606

The

AES

Corp.

(Independent

Power/Renewable

Electricity

Producers)

3,176

The

Bank

of

New

York

Mellon

Corp.

(Capital

Markets)

11,225

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Large-Cap

Value

ProFund

Common

Stocks,

continued

Shares

Value

The

Boeing

Co.

\*

(Aerospace

&

Defense)

$

48,848

The

Charles

Schwab

Corp.

(Capital

Markets)

548

51,796

The

Cigna

Group

(Health

Care

Providers

&

Services)

21,019

The

Clorox

Co.

(Household

Products)

4,386

The

Coca-Cola

Co.

(Beverages)

1,243

85,643

The

Cooper

Cos.,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

4,474

The

Estee

Lauder

Cos.,

Inc.

(Personal

Care

Products)

7,252

The

Goldman

Sachs

Group,

Inc.

(Capital

Markets)

76,568

The

Hartford

Financial

Services

Group,

Inc.

(Insurance)

5,091

The

Hershey

Co.

(Food

Products)

8,142

The

Home

Depot,

Inc.

(Specialty

Retail)

67,946

The

Interpublic

Group

of

Cos.,

Inc.

(Media)

3,028

The

J.M.

Smucker

Co.

(Food

Products)

3,521

The

Kraft

Heinz

Co.

(Food

Products)

6,776

The

Kroger

Co.

(Consumer

Staples

Distribution

&

Retail)

12,408

The

Mosaic

Co.

(Chemicals)

2,800

The

Procter

&

Gamble

Co.

(Household

Products)

752

113,078

The

Sherwin-Williams

Co.

(Chemicals)

11,038

The

Southern

Co.

(Electric

Utilities)

33,197

The

TJX

Cos.,

Inc.

(Specialty

Retail)

20,601

The

Travelers

Cos.,

Inc.

(Insurance)

19,341

The

Walt

Disney

Co.

(Entertainment)

577

64,981

The

Williams

Cos.,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

10,880

Thermo

Fisher

Scientific,

Inc.

(Life

Sciences

Tools

&

Services)

68,653

T-Mobile

U.S.,

Inc.

(Wireless

Telecommunication

Services)

15,334

Tractor

Supply

Co.

(Specialty

Retail)

4,221

Trimble,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

3,429

Truist

Financial

Corp.

(Banks)

18,477

Tyson

Foods,

Inc.

-

Class

A

(Food

Products)

4,730

U.S.

Bancorp

(Banks)

500

23,340

UDR,

Inc.

(Residential

REITs)

1,786

Ulta

Beauty,

Inc.

\*

(Specialty

Retail)

7,278

Union

Pacific

Corp.

(Ground

Transportation)

41,871

United

Parcel

Service,

Inc.

-

Class

B

(Air

Freight

&

Logistics)

22,755

UnitedHealth

Group,

Inc.

(Health

Care

Providers

&

Services)

99,395

Universal

Health

Services,

Inc.

-

Class

B

(Health

Care

Providers

&

Services)

3,906

Valero

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

16,956

Ventas,

Inc.

(Health

Care

REITs)

10,773

Veralto

Corp.

(Commercial

Services

&

Supplies)

4,046

VeriSign,

Inc.

(IT

Services)

6,475

Verisk

Analytics,

Inc.

(Professional

Services)

5,469

Verizon

Communications,

Inc.

(Diversified

Telecommunication

Services)

1,354

53,808

Viatris,

Inc.

(Pharmaceuticals)

3,875

VICI

Properties,

Inc.

(Specialized

REITs)

10,257

Vulcan

Materials

Co.

(Construction

Materials)

4,632

W.R.

Berkley

Corp.

(Insurance)

3,068

Walmart,

Inc.

(Consumer

Staples

Distribution

&

Retail)

47,049

Warner

Bros.

Discovery,

Inc.

\*

(Entertainment)

795

17,848

Waste

Management,

Inc.

(Commercial

Services

&

Supplies)

11,187

Waters

Corp.

\*

(Life

Sciences

Tools

&

Services)

3,496

WEC

Energy

Group,

Inc.

(Multi-Utilities)

11,508

Wells

Fargo

&

Co.

(Banks)

1,028

89,405

Welltower,

Inc.

(Health

Care

REITs)

17,923

West

Pharmaceutical

Services,

Inc.

(Life

Sciences

Tools

&

Services)

6,488

Common

Stocks,

continued

Shares

Value

Western

Digital

Corp.

\*

(Technology

Hardware,

Storage

&

Peripherals)

$

16,673

Weyerhaeuser

Co.

(Specialized

REITs)

5,336

Willis

Towers

Watson

PLC

(Insurance)

5,010

Workday,

Inc.

\*

-

Class

A

(Software)

8,877

Xcel

Energy,

Inc.

(Electric

Utilities)

15,422

Xylem,

Inc.

(Machinery)

11,766

Yum!

Brands,

Inc.

(Hotels,

Restaurants

&

Leisure)

7,325

Zebra

Technologies

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

2,423

Zimmer

Biomet

Holdings,

Inc.

(Health

Care

Equipment

&

Supplies)

6,436

Zoetis,

Inc.

(Pharmaceuticals)

20,461

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $6,272,126)

8,385,113

Collateral

for

Securities

Loaned

(b) (NM)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(c) 1,232

1,232

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,232)

1,232

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$6,273,358)— 100.5%

8,386,345

Net

other

assets

(liabilities) —

(0.5)%

(45,633)

NET

ASSETS

—

100.0%

$

8,340,712

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$1,185.

(b) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (c) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. NM

Not

meaningful,

amount

is

less

than

0.05%

REIT

Real

Estate

Investment

Trust

Large-Cap

Value

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

193,498

2.2%

Air

Freight

&

Logistics

51,738

0.6%

Automobile

Components

5,677

0.1%

Automobiles

37,620

0.5%

Banks

494,258

6.0%

Beverages

180,275

2.1%

Biotechnology

182,694

2.2%

Broadline

Retail

323,587

3.8%

Building

Products

41,155

0.5%

Capital

Markets

431,900

5.2%

Chemicals

163,386

1.9%

Commercial

Services

&

Supplies

17,422

0.2%

Communications

Equipment

95,453

1.1%

Construction

Materials

10,150

0.1%

Consumer

Finance

45,098

0.5%

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Large-Cap

Value

ProFund

Value

%

of

Net

Assets

Consumer

Staples

Distribution

&

Retail

$

97,509

1.2%

Containers

&

Packaging

29,819

0.4%

Distributors

11,319

0.1%

Diversified

Telecommunication

Services

110,634

1.3%

Electric

Utilities

200,070

2.4%

Electrical

Equipment

30,458

0.4%

Electronic

Equipment,

Instruments

&

Components

83,757

1.0%

Energy

Equipment

&

Services

39,973

0.5%

Entertainment

105,789

1.3%

Financial

Services

177,341

2.1%

Food

Products

90,303

1.1%

Gas

Utilities

8,929

0.1%

Ground

Transportation

82,623

1.0%

Health

Care

Equipment

&

Supplies

221,450

2.7%

Health

Care

Providers

&

Services

291,199

3.5%

Health

Care

REITs

32,699

0.4%

Hotel

&

Resort

REITs

1,218

NM

Hotels,

Restaurants

&

Leisure

113,639

1.4%

Household

Durables

24,235

0.3%

Household

Products

148,285

1.8%

Independent

Power/Renewable

Electricity

Producers

3,176

NM

Industrial

Conglomerates

131,642

1.6%

Industrial

REITs

36,979

0.4%

Insurance

202,485

2.4%

Interactive

Media

&

Services

2,490

NM

IT

Services

74,335

0.9%

Leisure

Products

3,281

NM

Life

Sciences

Tools

&

Services

163,152

2.0%

Machinery

92,807

1.1%

Media

60,679

0.7%

Metals

&

Mining

65,809

0.8%

Multi-Utilities

104,359

1.3%

Office

REITs

6,257

0.1%

Oil,

Gas

&

Consumable

Fuels

446,935

5.3%

Passenger

Airlines

5,121

0.1%

Personal

Care

Products

16,104

0.2%

Pharmaceuticals

314,358

3.7%

Professional

Services

49,285

0.6%

Real

Estate

Management

&

Development

9,358

0.1%

Residential

REITs

25,342

0.3%

Retail

REITs

27,519

0.3%

Semiconductors

&

Semiconductor

Equipment

560,461

6.8%

Software

676,613

8.1%

Specialized

REITs

98,456

1.2%

Specialty

Retail

164,771

2.0%

Technology

Hardware,

Storage

&

Peripherals

760,801

9.2%

Textiles,

Apparel

&

Luxury

Goods

27,849

0.3%

Tobacco

49,602

0.6%

Trading

Companies

&

Distributors

6,502

0.1%

Water

Utilities

8,091

0.1%

Value

%

of

Net

Assets

Wireless

Telecommunication

Services

$

15,334

0.2%

Other

\*\*

(44,401)

(0.5)%

Total

$

8,340,712

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

NM

Not

meaningful,

amount

is

less

than

0.05%

REIT

Real

Estate

Investment

Trust

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Materials

UltraSector

ProFund

Common

Stocks

(85

.1

%)

Shares

Value

Air

Products

&

Chemicals,

Inc.

(Chemicals)

$

119,112

Albemarle

Corp.

(Chemicals)

44,891

Amcor

PLC

(Containers

&

Packaging)

8,942

70,642

Avery

Dennison

Corp.

(Containers

&

Packaging)

52,817

Ball

Corp.

(Containers

&

Packaging)

1,056

49,632

CF

Industries

Holdings,

Inc.

(Chemicals)

628

52,306

Corteva,

Inc.

(Chemicals)

1,806

110,961

Dow,

Inc.

(Chemicals)

2,749

65,564

DuPont

de

Nemours,

Inc.

(Chemicals)

1,624

132,600

Eastman

Chemical

Co.

(Chemicals)

26,486

Ecolab,

Inc.

(Chemicals)

563

144,353

Freeport-McMoRan,

Inc.

(Metals

&

Mining)

3,166

132,022

International

Flavors

&

Fragrances,

Inc.

(Chemicals)

994

62,592

International

Paper

Co.

(Containers

&

Packaging)

2,048

79,134

Linde

PLC

(Chemicals)

1,034

432,522

LyondellBasell

Industries

N.V.

-

Class

A

(Chemicals)

998

46,327

Martin

Marietta

Materials,

Inc.

(Construction

Materials)

128,751

Newmont

Corp.

(Metals

&

Mining)

2,422

196,109

Nucor

Corp.

(Metals

&

Mining)

890

133,545

Packaging

Corp.

of

America

(Containers

&

Packaging)

67,929

PPG

Industries,

Inc.

(Chemicals)

875

85,531

Smurfit

WestRock

PLC

(Containers

&

Packaging)

2,025

74,763

Solstice

Advanced

Materials,

Inc.

\*

(Chemicals)

20,056

Steel

Dynamics,

Inc.

(Metals

&

Mining)

537

84,202

The

Mosaic

Co.

(Chemicals)

1,231

33,791

Common

Stocks,

continued

Shares

Value

The

Sherwin-Williams

Co.

(Chemicals)

511

$

176,264

Vulcan

Materials

Co.

(Construction

Materials)

127,380

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,398,492)

2,750,282

Repurchase

Agreements

(a) (b) (17

.2

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$555,061

$

555,000

555,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$555,000)

555,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$1,953,492)— 102.3%

3,305,282

Net

other

assets

(liabilities)

—

(2

.3)

%

(74,682)

NET

ASSETS

—

100.0%

$

3,230,600

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$310,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Materials

Select

Sector

Index

Goldman

Sachs

International

11/24/25

4.62%

$

953,502

$

(40,037)

S&P

Materials

Select

Sector

Index

UBS

AG

11/24/25

4.67%

1,173,681

(56,389)

$2,127,183

$(96,426)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Materials

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Chemicals

$

1,553,356

48.1%

Construction

Materials

256,131

7.9%

Containers

&

Packaging

394,917

12.2%

Metals

&

Mining

545,878

16.9%

Other

\*\*

480,318

14.9%

Total

$

3,230,600

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Mid-Cap

Growth

ProFund

Common

Stocks

(99.6%)

Shares

Value

AAON,

Inc.

(Building

Products)

$

17,218

Abercrombie

&

Fitch

Co.

\*

-

Class

A

(Specialty

Retail)

8,851

Acuity

Brands,

Inc.

(Electrical

Equipment)

28,474

Advanced

Drainage

Systems,

Inc.

(Building

Products)

12,464

AECOM

(Construction

&

Engineering)

24,317

AeroVironment,

Inc.

\*

(Aerospace

&

Defense)

30,333

Affiliated

Managers

Group,

Inc.

(Capital

Markets)

7,139

Agree

Realty

Corp.

(Retail

REITs)

8,469

Alaska

Air

Group,

Inc.

\*

(Passenger

Airlines)

12,310

Allegro

MicroSystems,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,590

American

Airlines

Group,

Inc.

\*

(Passenger

Airlines)

1,695

22,256

American

Financial

Group,

Inc.

(Insurance)

10,403

American

Homes

Rent

-

Class

A

(Residential

REITs)

10,017

Antero

Midstream

Corp.

(Oil,

Gas

&

Consumable

Fuels)

7,400

API

Group

Corp.

\*

(Industrial

Support

Services)

561

20,656

Appfolio,

Inc.

\*

-

Class

A

(Software)

15,011

Applied

Industrial

Technologies,

Inc.

(Trading

Companies

&

Distributors)

25,194

AptarGroup,

Inc.

(Containers

&

Packaging)

10,441

ATI,

Inc.

\*

(Metals

&

Mining)

35,035

Axalta

Coating

Systems,

Ltd.

\*

(Chemicals)

8,513

Bath

&

Body

Works,

Inc.

(Retail

-

Discretionary)

6,781

Belden,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

12,429

BellRing

Brands,

Inc.

\*

(Personal

Care

Products)

4,489

Bentley

Systems,

Inc.

-

Class

B

(Software)

11,335

BJ's

Wholesale

Club

Holdings,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

14,122

Blackbaud,

Inc.

\*

(Software)

2,882

Boyd

Gaming

Corp.

(Hotels,

Restaurants

&

Leisure)

7,242

Brixmor

Property

Group,

Inc.

(Retail

REITs)

11,092

Bruker

Corp.

(Life

Sciences

Tools

&

Services)

5,101

Burlington

Stores,

Inc.

\*

(Specialty

Retail)

44,047

BWX

Technologies,

Inc.

(Aerospace

&

Defense)

49,985

Cabot

Corp.

(Chemicals)

5,196

CACI

International,

Inc.

\*

-

Class

A

(Professional

Services)

19,117

Carlisle

Cos.,

Inc.

(Building

Products)

35,756

Carpenter

Technology

Corp.

(Metals

&

Mining)

40,435

Casey's

General

Stores,

Inc.

(Consumer

Staples

Distribution

&

Retail)

33,870

Cava

Group,

Inc.

\*

(Leisure

Facilities

&

Services)

10,746

Celsius

Holdings,

Inc.

\*

(Beverages)

15,780

Chart

Industries,

Inc.

\*

(Machinery)

22,757

Chemed

Corp.

(Health

Care

Providers

&

Services)

7,332

Chewy,

Inc.

\*

-

Class

A

(Specialty

Retail)

572

19,288

Choice

Hotels

International,

Inc.

(Hotels,

Restaurants

&

Leisure)

5,020

Churchill

Downs,

Inc.

(Hotels,

Restaurants

&

Leisure)

17,062

Ciena

Corp.

\*

(Communications

Equipment)

41,212

Cirrus

Logic,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

10,745

Clean

Harbors,

Inc.

\*

(Commercial

Services

&

Supplies)

27,156

CNX

Resources

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

12,185

Coca-Cola

Consolidated,

Inc.

(Beverages)

20,079

Cognex

Corp.

(Electronic

Equipment,

Instruments

&

Components)

7,078

Coherent

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

52,651

Comfort

Systems

USA,

Inc.

(Construction

&

Engineering)

87,868

Commerce

Bancshares,

Inc.

(Banks)

9,526

CommVault

Systems,

Inc.

\*

(Software)

16,010

COPT

Defense

Properties

(Office

REITs)

4,226

Core

&

Main,

Inc.

\*

-

Class

A

(Trading

Companies

&

Distributors)

15,811

Common

Stocks,

continued

Shares

Value

Crane

Co.

(Machinery)

$

12,730

Crane

NXT

Co.

(Electronic

Equipment,

Instruments

&

Components)

3,163

Crocs,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

11,437

CubeSmart

(Specialized

REITs)

11,904

Cullen/Frost

Bankers,

Inc.

(Banks)

14,284

Curtiss-Wright

Corp.

(Aerospace

&

Defense)

57,785

Cytokinetics,

Inc.

\*

(Biotechnology)

9,666

Dick's

Sporting

Goods,

Inc.

(Specialty

Retail)

23,031

DocuSign,

Inc.

\*

(Software)

519

37,960

Donaldson

Co.,

Inc.

(Machinery)

14,323

Doximity,

Inc.

\*

-

Class

A

(Health

Care

Technology)

23,100

Dropbox,

Inc.

\*

-

Class

A

(Software)

8,352

DT

Midstream,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

28,467

Duolingo,

Inc.

\*

(Diversified

Consumer

Services)

27,604

Dynatrace,

Inc.

\*

(Software)

774

39,141

Eagle

Materials,

Inc.

(Construction

Materials)

17,835

East

West

Bancorp,

Inc.

(Banks)

35,966

EastGroup

Properties,

Inc.

(Industrial

REITs)

11,344

EchoStar

Corp.

\*

-

Class

A

(Media)

12,653

elf

Beauty,

Inc.

\*

(Personal

Care

Products)

18,566

Encompass

Health

Corp.

(Health

Care

Providers

&

Services)

21,062

Entegris,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

18,589

Equitable

Holdings,

Inc.

(Financial

Services)

768

37,940

Equity

LifeStyle

Properties,

Inc.

(Residential

REITs)

15,140

Esab

Corp.

(Machinery)

17,056

Euronet

Worldwide,

Inc.

\*

(Financial

Services)

4,627

Evercore

Partners,

Inc.

(Capital

Markets)

29,457

Exelixis,

Inc.

\*

(Biotechnology)

690

26,682

ExlService

Holdings,

Inc.

\*

(Professional

Services)

16,187

Exponent,

Inc.

(Professional

Services)

5,452

Fabrinet

\*

(Electronic

Equipment,

Instruments

&

Components)

40,531

Federated

Hermes,

Inc.

-

Class

B

(Capital

Markets)

5,575

First

Financial

Bankshares,

Inc.

(Banks)

5,746

First

Industrial

Realty

Trust,

Inc.

(Industrial

REITs)

10,172

FirstCash

Holdings,

Inc.

(Consumer

Finance)

10,303

Floor

&

Decor

Holdings,

Inc.

\*

-

Class

A

(Specialty

Retail)

9,622

Flowserve

Corp.

(Machinery)

15,971

GameStop

Corp.

\*(a)

-

Class

A

(Specialty

Retail)

10,343

Gaming

and

Leisure

Properties,

Inc.

(Specialized

REITs)

13,934

GATX

Corp.

(Trading

Companies

&

Distributors)

8,940

Genpact,

Ltd.

(Professional

Services)

8,431

Gentex

Corp.

(Automobile

Components)

5,370

Glacier

Bancorp,

Inc.

(Banks)

6,087

Globus

Medical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

17,514

Graco,

Inc.

(Machinery)

17,090

Grand

Canyon

Education,

Inc.

\*

(Diversified

Consumer

Services)

13,558

Graphic

Packaging

Holding

Co.

(Containers

&

Packaging)

4,733

Guidewire

Software,

Inc.

\*

(Software)

50,233

H&R

Block,

Inc.

(Diversified

Consumer

Services)

17,111

Haemonetics

Corp.

\*

(Health

Care

Equipment

&

Supplies)

3,501

Halozyme

Therapeutics,

Inc.

\*

(Biotechnology)

19,557

Hamilton

Lane,

Inc.

-

Class

A

(Capital

Markets)

11,852

HealthEquity,

Inc.

\*

(Health

Care

Providers

&

Services)

20,902

Hexcel

Corp.

(Aerospace

&

Defense)

7,283

Hilton

Grand

Vacations,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

6,508

Hims

&

Hers

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

531

24,139

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Mid-Cap

Growth

ProFund

Common

Stocks,

continued

Shares

Value

Home

BancShares,

Inc.

(Banks)

$

4,781

Houlihan

Lokey,

Inc.

(Capital

Markets)

24,892

Hyatt

Hotels

Corp.

-

Class

A

(Hotels,

Restaurants

&

Leisure)

14,978

IDACORP,

Inc.

(Electric

Utilities)

7,354

Illumina,

Inc.

\*

(Life

Sciences

Tools

&

Services)

25,326

Independence

Realty

Trust,

Inc.

\*

(Residential

REITs)

5,719

Ingredion,

Inc.

(Food

Products)

8,194

International

Bancshares

Corp.

(Banks)

6,505

Iridium

Communications,

Inc.

(Diversified

Telecommunication

Services)

2,528

ITT,

Inc.

(Machinery)

26,280

Janus

Henderson

Group

PLC

(Capital

Markets)

5,576

Jefferies

Financial

Group,

Inc.

(Capital

Markets)

11,834

Jones

Lang

LaSalle,

Inc.

\*

(Real

Estate

Management

&

Development)

19,831

KB

Home

(Household

Durables)

5,618

KBR,

Inc.

(Professional

Services)

5,955

Kinsale

Capital

Group,

Inc.

(Insurance)

22,770

Kirby

Corp.

\*

(Marine

Transportation)

14,798

Kite

Realty

Group

Trust

(Retail

REITs)

5,336

Knife

River

Corp.

\*

(Construction

Materials)

8,706

Kratos

Defense

&

Security

Solutions,

Inc.

\*

(Aerospace

&

Defense)

22,741

Kyndryl

Holdings,

Inc.

\*

(IT

Services)

9,573

Lamar

Advertising

Co.

-

Class

A

(Specialized

REITs)

16,603

Lancaster

Colony

Corp.

(Food

Products)

4,077

Lantheus

Holdings,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

9,980

Lattice

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

12,549

Light

&

Wonder,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

15,631

Lincoln

Electric

Holdings,

Inc.

(Machinery)

18,990

LivaNova

PLC

\*

(Health

Care

Equipment

&

Supplies)

2,947

Louisiana-Pacific

Corp.

(Paper

&

Forest

Products)

14,199

Lumentum

Holdings,

Inc.

\*

(Communications

Equipment)

22,978

MACOM

Technology

Solutions

Holdings,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

24,441

Manhattan

Associates,

Inc.

\*

(Software)

28,221

Maplebear,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

8,035

Masimo

Corp.

\*

(Health

Care

Equipment

&

Supplies)

16,737

MasTec,

Inc.

\*

(Construction

&

Engineering)

32,053

Matador

Resources

Co.

(Oil,

Gas

&

Consumable

Fuels)

7,537

Medpace

Holdings,

Inc.

\*

(Life

Sciences

Tools

&

Services)

33,341

MGIC

Investment

Corp.

(Financial

Services)

7,760

MKS

Instruments,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

10,203

Morningstar,

Inc.

(Capital

Markets)

13,375

MP

Materials

Corp.

(Metals

&

Mining)

9,527

MSA

Safety,

Inc.

(Commercial

Services

&

Supplies)

7,223

Mueller

Industries,

Inc.

(Machinery)

30,172

Murphy

USA,

Inc.

(Specialty

Retail)

15,761

National

Storage

Affiliates

Trust

(Specialized

REITs)

5,236

Neurocrine

Biosciences,

Inc.

\*

(Biotechnology)

36,375

NewMarket

Corp.

(Chemicals)

6,911

Novanta,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

7,240

Nutanix,

Inc.

\*

-

Class

A

(Software)

688

49,013

nVent

Electric

PLC

(Electrical

Equipment)

47,226

Okta,

Inc.

\*

(IT

Services)

39,357

Ollie's

Bargain

Outlet

Holdings,

Inc.

\*

(Broadline

Retail)

11,235

Omega

Healthcare

Investors,

Inc.

(Health

Care

REITs)

12,693

Common

Stocks,

continued

Shares

Value

Onto

Innovation,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

$

9,582

Ormat

Technologies,

Inc.

(Independent

Power/

Renewable

Electricity

Producers)

7,552

Owens

Corning

(Building

Products)

27,372

Park

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

2,573

Parsons

Corp.

\*

(Professional

Services)

11,307

Paylocity

Holding

Corp.

\*

(Professional

Services)

16,246

Pegasystems,

Inc.

(Software)

15,021

Penumbra,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

14,779

Permian

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,794

22,533

Pilgrim's

Pride

Corp.

\*

(Food

Products)

4,191

Pinnacle

Financial

Partners,

Inc.

(Banks)

10,822

Planet

Fitness,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

19,498

Post

Holdings,

Inc.

\*

(Food

Products)

7,171

Power

Integrations,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

2,011

Primerica,

Inc.

(Insurance)

21,829

Pure

Storage,

Inc.

\*

-

Class

A

(Technology

Hardware,

Storage

&

Peripherals)

800

78,960

Qualys,

Inc.

\*

(Software)

6,656

Rambus,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

28,488

Range

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

9,954

Rb

Global,

Inc.

(Commercial

Services

&

Supplies)

47,129

RBC

Bearings,

Inc.

\*

(Machinery)

34,710

RenaissanceRe

Holdings,

Ltd.

(Insurance)

30,998

Repligen

Corp.

\*

(Life

Sciences

Tools

&

Services)

8,496

RH

\*

(Specialty

Retail)

3,450

RLI

Corp.

(Insurance)

13,856

Roivant

Sciences,

Ltd.

\*

(Biotechnology)

1,104

22,069

Royal

Gold,

Inc.

(Metals

&

Mining)

16,430

RPM

International,

Inc.

(Chemicals)

20,654

Ryan

Specialty

Holdings,

Inc.

(Insurance)

15,837

Ryder

System,

Inc.

(Ground

Transportation)

9,477

Saia,

Inc.

\*

(Ground

Transportation)

20,183

SEI

Investments

Co.

(Capital

Markets)

11,769

Service

Corp.

International

(Diversified

Consumer

Services)

18,289

Shift4

Payments,

Inc.

\*

-

Class

A

(Financial

Services)

11,954

Silicon

Laboratories,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

4,719

Simpson

Manufacturing

Co.,

Inc.

(Building

Products)

12,532

SLM

Corp.

(Consumer

Finance)

535

14,364

Sotera

Health

Co.

\*

(Life

Sciences

Tools

&

Services)

3,469

Sprouts

Farmers

Market,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

19,740

Stifel

Financial

Corp.

(Capital

Markets)

22,146

Synovus

Financial

Corp.

(Banks)

7,767

TechnipFMC

PLC

(Energy

Equipment

&

Services)

1,056

43,666

Tempur

Sealy

International,

Inc.

(Household

Durables)

25,230

Tenet

Healthcare

Corp.

\*

(Health

Care

Providers

&

Services)

28,496

Tetra

Tech,

Inc.

(Commercial

Services

&

Supplies)

674

21,555

Texas

Roadhouse,

Inc.

(Hotels,

Restaurants

&

Leisure)

28,136

The

Brink's

Co.

(Commercial

Services

&

Supplies)

6,003

The

Carlyle

Group,

Inc.

(Capital

Markets)

13,170

The

Ensign

Group,

Inc.

(Health

Care

Providers

&

Services)

26,475

The

New

York

Times

Co.

-

Class

A

(Media)

12,765

The

Scotts

Miracle-Gro

Co.

(Chemicals)

2,194

The

Toro

Co.

(Machinery)

7,921

Toll

Brothers,

Inc.

(Household

Durables)

33,872

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Mid-Cap

Growth

ProFund

Common

Stocks,

continued

Shares

Value

TopBuild

Corp.

\*

(Household

Durables)

$

30,419

TransUnion

(Professional

Services)

501

40,671

Travel

+

Leisure

Co.

(Hotels,

Restaurants

&

Leisure)

10,421

Trex

Co.,

Inc.

\*

(Building

Products)

6,523

Twilio,

Inc.

\*

-

Class

A

(Software)

53,144

UMB

Financial

Corp.

(Banks)

11,436

United

Therapeutics

Corp.

\*

(Biotechnology)

52,115

Universal

Display

Corp.

(Semiconductors

&

Semiconductor

Equipment)

7,511

Vail

Resorts,

Inc.

(Hotels,

Restaurants

&

Leisure)

7,417

Valaris,

Ltd.

\*

(Energy

Equipment

&

Services)

9,484

Valmont

Industries,

Inc.

(Construction

&

Engineering)

15,297

Valvoline,

Inc.

\*

(Specialty

Retail)

10,728

Viper

Energy,

Inc.

-

Class

A

(Oil

&

Gas

Producers)

16,263

Vontier

Corp.

(Electronic

Equipment,

Instruments

&

Components)

6,045

Vornado

Realty

Trust

(Office

REITs)

11,419

Voya

Financial,

Inc.

(Financial

Services)

9,456

Warner

Music

Group

Corp.

-

Class

A

(Entertainment)

5,721

Watsco,

Inc.

(Trading

Companies

&

Distributors)

20,609

Watts

Water

Technologies,

Inc.

-

Class

A

(Machinery)

9,814

Weatherford

International

PLC

\*

(Energy

Equipment

&

Services)

6,485

Western

Alliance

Bancorp

(Banks)

20,652

WEX,

Inc.

\*

(Financial

Services)

9,045

Wingstop,

Inc.

(Hotels,

Restaurants

&

Leisure)

15,597

Wintrust

Financial

Corp.

(Banks)

11,702

Woodward,

Inc.

(Aerospace

&

Defense)

40,365

Wyndham

Hotels

&

Resorts,

Inc.

(Hotels,

Restaurants

&

Leisure)

14,392

XPO,

Inc.

\*

(Ground

Transportation)

21,292

YETI

Holdings,

Inc.

\*

(Leisure

Products)

2,957

Zions

Bancorp

N.A.

(Banks)

7,817

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $2,830,000)

4,258,795

Collateral

for

Securities

Loaned

(b) (0.2%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(c) 10,137

10,137

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $10,137)

10,137

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$2,840,137)— 99.8%

4,268,932

Net

other

assets

(liabilities) —

0.2%

10,614

NET

ASSETS

—

100.0%

$

4,279,546

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$9,718.

(b) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (c) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. REIT

Real

Estate

Investment

Trust

Mid-Cap

Growth

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

208,492

5.0%

Automobile

Components

5,370

0.1%

Banks

153,091

3.6%

Beverages

35,859

0.8%

Biotechnology

166,464

3.9%

Broadline

Retail

11,235

0.3%

Building

Products

111,865

2.6%

Capital

Markets

156,785

3.6%

Chemicals

43,468

1.0%

Commercial

Services

&

Supplies

109,066

2.5%

Communications

Equipment

64,190

1.5%

Construction

&

Engineering

159,535

3.7%

Construction

Materials

26,541

0.6%

Consumer

Finance

24,667

0.6%

Consumer

Staples

Distribution

&

Retail

75,767

1.8%

Containers

&

Packaging

15,174

0.4%

Diversified

Consumer

Services

76,562

1.8%

Diversified

Telecommunication

Services

2,528

0.1%

Electric

Utilities

7,354

0.2%

Electrical

Equipment

75,700

1.8%

Electronic

Equipment,

Instruments

&

Components

129,137

3.0%

Energy

Equipment

&

Services

59,635

1.4%

Entertainment

5,721

0.1%

Financial

Services

80,782

1.9%

Food

Products

23,633

0.6%

Ground

Transportation

50,952

1.2%

Health

Care

Equipment

&

Supplies

65,458

1.5%

Health

Care

Providers

&

Services

128,406

3.0%

Health

Care

REITs

12,693

0.3%

Health

Care

Technology

23,100

0.5%

Hotel

&

Resort

REITs

2,573

0.1%

Hotels,

Restaurants

&

Leisure

161,902

3.7%

Household

Durables

95,139

2.2%

Independent

Power/Renewable

Electricity

Producers

7,552

0.1%

Industrial

REITs

21,516

0.5%

Industrial

Support

Services

20,656

0.5%

Insurance

115,693

2.7%

IT

Services

48,930

1.1%

Leisure

Facilities

&

Services

10,746

0.3%

Leisure

Products

2,957

0.1%

Life

Sciences

Tools

&

Services

75,733

1.8%

Machinery

227,814

5.4%

Marine

Transportation

14,798

0.3%

Media

25,418

0.6%

Metals

&

Mining

101,427

2.4%

Office

REITs

15,645

0.4%

Oil

&

Gas

Producers

16,263

0.4%

Oil,

Gas

&

Consumable

Fuels

88,076

2.0%

Paper

&

Forest

Products

14,199

0.3%

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Mid-Cap

Growth

ProFund

Value

%

of

Net

Assets

Passenger

Airlines

$

34,566

0.8%

Personal

Care

Products

23,055

0.5%

Professional

Services

123,366

2.9%

Real

Estate

Management

&

Development

19,831

0.5%

Residential

REITs

30,876

0.7%

Retail

-

Discretionary

6,781

0.2%

Retail

REITs

24,897

0.6%

Semiconductors

&

Semiconductor

Equipment

132,428

3.2%

Software

332,979

7.9%

Specialized

REITs

47,677

1.0%

Specialty

Retail

145,121

3.3%

Technology

Hardware,

Storage

&

Peripherals

78,960

1.8%

Textiles,

Apparel

&

Luxury

Goods

11,437

0.3%

Trading

Companies

&

Distributors

70,554

1.6%

Other

\*\*

20,751

0.4%

Total

$

4,279,546

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

REIT

Real

Estate

Investment

Trust

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Mid-Cap

ProFund

Common

Stocks

(72.6%)

Shares

Value

AAON,

Inc.

(Building

Products)

$

5,903

Abercrombie

&

Fitch

Co.

\*

-

Class

A

(Specialty

Retail)

3,047

Acuity

Brands,

Inc.

(Electrical

Equipment)

9,856

Advanced

Drainage

Systems,

Inc.

(Building

Products)

8,963

AECOM

(Construction

&

Engineering)

15,853

AeroVironment,

Inc.

\*

(Aerospace

&

Defense)

10,357

Affiliated

Managers

Group,

Inc.

(Capital

Markets)

6,187

AGCO

Corp.

(Machinery)

5,674

Agree

Realty

Corp.

(Retail

REITs)

7,155

Alaska

Air

Group,

Inc.

\*

(Passenger

Airlines)

4,298

Albertsons

Cos.,

Inc.

-

Class

A

(Consumer

Staples

Distribution

&

Retail)

6,333

Alcoa

Corp.

(Metals

&

Mining)

8,498

Allegro

MicroSystems,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,291

ALLETE,

Inc.

(Electric

Utilities)

3,501

Ally

Financial,

Inc.

(Consumer

Finance)

9,703

American

Airlines

Group,

Inc.

\*

(Passenger

Airlines)

586

7,694

American

Financial

Group,

Inc.

(Insurance)

8,164

American

Homes

Rent

-

Class

A

(Residential

REITs)

9,164

Amkor

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

3,260

Annaly

Capital

Management,

Inc.

(Mortgage

REITs)

571

12,088

Antero

Midstream

Corp.

(Oil,

Gas

&

Consumable

Fuels)

5,123

Antero

Resources

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

8,068

API

Group

Corp.

\*

(Industrial

Support

Services)

12,114

Appfolio,

Inc.

\*

-

Class

A

(Software)

5,089

Applied

Industrial

Technologies,

Inc.

(Trading

Companies

&

Distributors)

8,741

AptarGroup,

Inc.

(Containers

&

Packaging)

6,845

Aramark

(Hotels,

Restaurants

&

Leisure)

8,864

Arrow

Electronics,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

5,131

ASGN,

Inc.

\*

(IT

Services)

1,746

Ashland,

Inc.

(Chemicals)

2,005

Associated

Banc-Corp.

(Banks)

3,592

ATI,

Inc.

\*

(Metals

&

Mining)

12,173

Autoliv,

Inc.

(Automobile

Components)

7,358

AutoNation,

Inc.

\*

(Specialty

Retail)

4,997

Avantor,

Inc.

\*

(Life

Sciences

Tools

&

Services)

606

7,163

Avient

Corp.

(Chemicals)

2,598

Avis

Budget

Group,

Inc.

(Ground

Transportation)

2,041

Avnet,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

3,585

Axalta

Coating

Systems,

Ltd.

\*

(Chemicals)

5,495

Bank

OZK

(Banks)

4,229

Bath

&

Body

Works,

Inc.

(Retail

-

Discretionary)

4,602

Belden,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

4,265

BellRing

Brands,

Inc.

\*

(Personal

Care

Products)

3,375

Bentley

Systems,

Inc.

-

Class

B

(Software)

6,710

BILL

Holdings,

Inc.

\*

(Software)

4,022

BioMarin

Pharmaceutical,

Inc.

\*

(Biotechnology)

9,160

Bio-Rad

Laboratories,

Inc.

\*

-

Class

A

(Life

Sciences

Tools

&

Services)

5,113

BJ's

Wholesale

Club

Holdings,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

10,326

Black

Hills

Corp.

(Multi-Utilities)

4,123

Blackbaud,

Inc.

\*

(Software)

2,113

Boyd

Gaming

Corp.

(Hotels,

Restaurants

&

Leisure)

4,127

Brighthouse

Financial,

Inc.

\*

(Insurance)

2,911

Brixmor

Property

Group,

Inc.

(Retail

REITs)

7,116

Bruker

Corp.

(Life

Sciences

Tools

&

Services)

3,855

Brunswick

Corp.

(Leisure

Products)

3,834

Burlington

Stores,

Inc.

\*

(Specialty

Retail)

15,047

BWX

Technologies,

Inc.

(Aerospace

&

Defense)

17,302

Cabot

Corp.

(Chemicals)

3,239

Common

Stocks,

continued

Shares

Value

CACI

International,

Inc.

\*

-

Class

A

(Professional

Services)

$

11,245

Cadence

Bank

(Banks)

6,265

Capri

Holdings,

Ltd.

\*

(Textiles,

Apparel

&

Luxury

Goods)

2,179

Carlisle

Cos.,

Inc.

(Building

Products)

12,352

Carpenter

Technology

Corp.

(Metals

&

Mining)

13,900

Casey's

General

Stores,

Inc.

(Consumer

Staples

Distribution

&

Retail)

16,935

Cava

Group,

Inc.

\*

(Leisure

Facilities

&

Services)

4,782

Celsius

Holdings,

Inc.

\*

(Beverages)

8,553

Chart

Industries,

Inc.

\*

(Machinery)

7,985

Chemed

Corp.

(Health

Care

Providers

&

Services)

5,607

Chewy,

Inc.

\*

-

Class

A

(Specialty

Retail)

6,710

Choice

Hotels

International,

Inc.

(Hotels,

Restaurants

&

Leisure)

1,766

Chord

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

4,627

Churchill

Downs,

Inc.

(Hotels,

Restaurants

&

Leisure)

5,853

Ciena

Corp.

\*

(Communications

Equipment)

23,930

Cirrus

Logic,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

6,102

Civitas

Resources,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

2,133

Clean

Harbors,

Inc.

\*

(Commercial

Services

&

Supplies)

9,473

Cleveland-Cliffs,

Inc.

\*

(Metals

&

Mining)

507

6,302

CNH

Industrial

N.V.

(Machinery)

790

8,287

CNO

Financial

Group,

Inc.

(Insurance)

3,482

CNX

Resources

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

4,241

Coca-Cola

Consolidated,

Inc.

(Beverages)

6,910

Cognex

Corp.

(Electronic

Equipment,

Instruments

&

Components)

6,167

Coherent

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

18,210

Columbia

Banking

System,

Inc.

(Banks)

7,129

Columbia

Sportswear

Co.

(Textiles,

Apparel

&

Luxury

Goods)

1,141

Comerica,

Inc.

(Banks)

8,722

Comfort

Systems

USA,

Inc.

(Construction

&

Engineering)

29,933

Commerce

Bancshares,

Inc.

(Banks)

5,789

Commercial

Metals

Co.

(Metals

&

Mining)

5,877

CommVault

Systems,

Inc.

\*

(Software)

5,569

Concentrix

Corp.

(Professional

Services)

1,612

COPT

Defense

Properties

(Office

REITs)

2,817

Core

&

Main,

Inc.

\*

-

Class

A

(Trading

Companies

&

Distributors)

8,818

Coty,

Inc.

\*

-

Class

A

(Personal

Care

Products)

1,286

Cousins

Properties,

Inc.

(Office

REITs)

3,864

Crane

Co.

(Machinery)

8,360

Crane

NXT

Co.

(Electronic

Equipment,

Instruments

&

Components)

2,783

Crocs,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

4,003

Crown

Holdings,

Inc.

(Containers

&

Packaging)

9,913

CubeSmart

(Specialized

REITs)

7,647

Cullen/Frost

Bankers,

Inc.

(Banks)

7,142

Curtiss-Wright

Corp.

(Aerospace

&

Defense)

20,256

Cytokinetics,

Inc.

\*

(Biotechnology)

6,741

Darling

Ingredients,

Inc.

\*

(Food

Products)

4,487

DENTSPLY

SIRONA,

Inc.

(Health

Care

Equipment

&

Supplies)

2,232

Dick's

Sporting

Goods,

Inc.

(Specialty

Retail)

13,066

DocuSign,

Inc.

\*

(Software)

13,165

Dolby

Laboratories,

Inc.

-

Class

A

(Software)

3,648

Donaldson

Co.,

Inc.

(Machinery)

8,762

Doximity,

Inc.

\*

-

Class

A

(Health

Care

Technology)

7,986

Dropbox,

Inc.

\*

-

Class

A

(Software)

4,785

DT

Midstream,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

9,964

Duolingo,

Inc.

\*

(Diversified

Consumer

Services)

9,472

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Mid-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Dynatrace,

Inc.

\*

(Software)

$

13,553

Eagle

Materials,

Inc.

(Construction

Materials)

6,158

East

West

Bancorp,

Inc.

(Banks)

12,498

EastGroup

Properties,

Inc.

(Industrial

REITs)

8,377

EchoStar

Corp.

\*

-

Class

A

(Media)

8,983

Elanco

Animal

Health,

Inc.

\*

(Pharmaceuticals)

9,790

elf

Beauty,

Inc.

\*

(Personal

Care

Products)

6,473

Encompass

Health

Corp.

(Health

Care

Providers

&

Services)

10,133

EnerSys

(Electrical

Equipment)

4,163

Entegris,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

12,362

Envista

Holdings

Corp.

\*

(Health

Care

Equipment

&

Supplies)

3,012

EPR

Properties

(Specialized

REITs)

3,333

Equitable

Holdings,

Inc.

(Financial

Services)

13,190

Equity

LifeStyle

Properties,

Inc.

(Residential

REITs)

10,561

Esab

Corp.

(Machinery)

5,958

Essent

Group,

Ltd.

(Financial

Services)

5,330

Essential

Utilities,

Inc.

(Water

Utilities)

9,758

Euronet

Worldwide,

Inc.

\*

(Financial

Services)

2,731

Evercore

Partners,

Inc.

(Capital

Markets)

10,015

Exelixis,

Inc.

\*

(Biotechnology)

9,242

ExlService

Holdings,

Inc.

\*

(Professional

Services)

5,630

Exponent,

Inc.

(Professional

Services)

3,186

F.N.B.

Corp.

(Banks)

5,015

Fabrinet

\*

(Electronic

Equipment,

Instruments

&

Components)

14,098

Federated

Hermes,

Inc.

-

Class

B

(Capital

Markets)

3,200

Fidelity

National

Financial,

Inc.

(Insurance)

12,596

First

American

Financial

Corp.

(Insurance)

5,688

First

Financial

Bankshares,

Inc.

(Banks)

3,583

First

Horizon

Corp.

(Banks)

9,656

First

Industrial

Realty

Trust,

Inc.

(Industrial

REITs)

6,523

FirstCash

Holdings,

Inc.

(Consumer

Finance)

5,548

Five

Below,

Inc.

\*

(Specialty

Retail)

7,706

Flex,

Ltd.

\*

(Electronic

Equipment,

Instruments

&

Components)

20,882

Floor

&

Decor

Holdings,

Inc.

\*

-

Class

A

(Specialty

Retail)

5,998

Flowers

Foods,

Inc.

(Food

Products)

2,231

Flowserve

Corp.

(Machinery)

7,917

Fluor

Corp.

\*

(Construction

&

Engineering)

7,023

Fortune

Brands

Innovations,

Inc.

(Building

Products)

5,436

Frontier

Communications

Parent,

Inc.

\*

(Diversified

Telecommunication

Services)

8,421

FTI

Consulting,

Inc.

\*

(Professional

Services)

4,620

GameStop

Corp.

\*(a)

-

Class

A

(Specialty

Retail)

8,158

Gaming

and

Leisure

Properties,

Inc.

(Specialized

REITs)

11,255

GATX

Corp.

(Trading

Companies

&

Distributors)

5,019

Genpact,

Ltd.

(Professional

Services)

5,494

Gentex

Corp.

(Automobile

Components)

4,573

Glacier

Bancorp,

Inc.

(Banks)

4,657

Globus

Medical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

6,099

Graco,

Inc.

(Machinery)

12,102

Graham

Holdings

Co.

-

Class

B

(Diversified

Consumer

Services)

3,036

Grand

Canyon

Education,

Inc.

\*

(Diversified

Consumer

Services)

4,708

Graphic

Packaging

Holding

Co.

(Containers

&

Packaging)

4,205

Greif,

Inc.

-

Class

A

(Containers

&

Packaging)

1,308

Guidewire

Software,

Inc.

\*

(Software)

17,523

GXO

Logistics,

Inc.

\*

(Air

Freight

&

Logistics)

5,733

Common

Stocks,

continued

Shares

Value

H&R

Block,

Inc.

(Diversified

Consumer

Services)

$

5,919

Haemonetics

Corp.

\*

(Health

Care

Equipment

&

Supplies)

2,150

Halozyme

Therapeutics,

Inc.

\*

(Biotechnology)

6,780

Hamilton

Lane,

Inc.

-

Class

A

(Capital

Markets)

4,103

Hancock

Whitney

Corp.

(Banks)

4,340

Harley-Davidson,

Inc.

(Automobiles)

2,914

Healthcare

Realty

Trust,

Inc.

(Health

Care

REITs)

5,546

HealthEquity,

Inc.

\*

(Health

Care

Providers

&

Services)

7,283

Hexcel

Corp.

(Aerospace

&

Defense)

5,069

HF

Sinclair

Corp.

(Oil,

Gas

&

Consumable

Fuels)

7,327

Hilton

Grand

Vacations,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

2,280

Hims

&

Hers

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

8,365

Home

BancShares,

Inc.

(Banks)

4,354

Houlihan

Lokey,

Inc.

(Capital

Markets)

8,596

Hyatt

Hotels

Corp.

-

Class

A

(Hotels,

Restaurants

&

Leisure)

5,222

IDACORP,

Inc.

(Electric

Utilities)

6,193

Illumina,

Inc.

\*

(Life

Sciences

Tools

&

Services)

16,924

Independence

Realty

Trust,

Inc.

(Residential

REITs)

3,298

Ingredion,

Inc.

(Food

Products)

6,578

Insperity,

Inc.

(Professional

Services)

1,412

International

Bancshares

Corp.

(Banks)

3,186

IPG

Photonics

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,958

Iridium

Communications,

Inc.

(Diversified

Telecommunication

Services)

1,800

ITT,

Inc.

(Machinery)

12,955

Janus

Henderson

Group

PLC

(Capital

Markets)

4,835

Jazz

Pharmaceuticals

PLC

\*

(Pharmaceuticals)

7,433

Jefferies

Financial

Group,

Inc.

(Capital

Markets)

7,766

Jones

Lang

LaSalle,

Inc.

\*

(Real

Estate

Management

&

Development)

12,814

KB

Home

(Household

Durables)

3,745

KBR,

Inc.

(Professional

Services)

4,884

Kemper

Corp.

(Insurance)

2,519

Kilroy

Realty

Corp.

(Office

REITs)

4,098

Kinsale

Capital

Group,

Inc.

(Insurance)

7,989

Kirby

Corp.

\*

(Marine

Transportation)

5,071

Kite

Realty

Group

Trust

(Retail

REITs)

4,317

Knife

River

Corp.

\*

(Construction

Materials)

3,083

Knight-Swift

Transportation

Holdings,

Inc.

(Ground

Transportation)

6,542

Kratos

Defense

&

Security

Solutions,

Inc.

\*

(Aerospace

&

Defense)

13,590

Kyndryl

Holdings,

Inc.

\*

(IT

Services)

5,958

Lamar

Advertising

Co.

-

Class

A

(Specialized

REITs)

9,131

Lancaster

Colony

Corp.

(Food

Products)

2,822

Landstar

System,

Inc.

(Ground

Transportation)

3,981

Lantheus

Holdings,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

3,461

Lattice

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

8,901

Lear

Corp.

(Automobile

Components)

5,023

Light

&

Wonder,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

5,453

Lincoln

Electric

Holdings,

Inc.

(Machinery)

11,488

Lithia

Motors,

Inc.

-

Class

A

(Specialty

Retail)

7,224

Littelfuse,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

5,353

LivaNova

PLC

\*

(Health

Care

Equipment

&

Supplies)

2,579

Louisiana-Pacific

Corp.

(Paper

&

Forest

Products)

4,878

Lumentum

Holdings,

Inc.

\*

(Communications

Equipment)

12,497

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Mid-Cap

ProFund

Common

Stocks,

continued

Shares

Value

MACOM

Technology

Solutions

Holdings,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

$

8,443

Macy's,

Inc.

(Broadline

Retail)

4,697

Manhattan

Associates,

Inc.

\*

(Software)

9,832

Maplebear,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

6,045

Marriott

Vacations

Worldwide

Corp.

(Hotels,

Restaurants

&

Leisure)

1,584

Masimo

Corp.

\*

(Health

Care

Equipment

&

Supplies)

5,767

MasTec,

Inc.

\*

(Construction

&

Engineering)

11,229

Matador

Resources

Co.

(Oil,

Gas

&

Consumable

Fuels)

4,104

Mattel,

Inc.

\*

(Leisure

Products)

5,257

Maximus,

Inc.

(Professional

Services)

4,156

Medpace

Holdings,

Inc.

\*

(Life

Sciences

Tools

&

Services)

11,698

MGIC

Investment

Corp.

(Financial

Services)

5,621

MKS

Instruments,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

8,623

Morningstar,

Inc.

(Capital

Markets)

4,458

MP

Materials

Corp.

\*

(Metals

&

Mining)

7,571

MSA

Safety,

Inc.

(Commercial

Services

&

Supplies)

5,182

MSC

Industrial

Direct

Co.,

Inc.

(Trading

Companies

&

Distributors)

3,481

Mueller

Industries,

Inc.

(Machinery)

10,481

Murphy

Oil

Corp.

(Oil,

Gas

&

Consumable

Fuels)

3,396

Murphy

USA,

Inc.

(Specialty

Retail)

5,731

National

Fuel

Gas

Co.

(Gas

Utilities)

6,313

National

Retail

Properties,

Inc.

(Retail

REITs)

6,797

National

Storage

Affiliates

Trust

(Specialized

REITs)

1,833

Neurocrine

Biosciences,

Inc.

\*

(Biotechnology)

12,603

New

Jersey

Resources

Corp.

(Gas

Utilities)

3,943

New

York

Community

Bancorp,

Inc.

\*

(Banks)

3,026

NewMarket

Corp.

(Chemicals)

5,375

Nexstar

Media

Group,

Inc.

(Media)

5,089

NEXTracker,

Inc.

\*

-

Class

A

(Electrical

Equipment)

13,361

NorthWestern

Energy

Group,

Inc.

(Multi-Utilities)

3,282

NOV,

Inc.

(Energy

Equipment

&

Services)

4,818

Novanta,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

4,064

Nutanix,

Inc.

\*

-

Class

A

(Software)

17,026

nVent

Electric

PLC

(Electrical

Equipment)

16,467

OGE

Energy

Corp.

(Electric

Utilities)

7,945

Okta,

Inc.

\*

(IT

Services)

13,637

Old

National

Bancorp

(Banks)

6,333

Old

Republic

International

Corp.

(Insurance)

8,010

Olin

Corp.

(Chemicals)

2,111

Ollie's

Bargain

Outlet

Holdings,

Inc.

\*

(Broadline

Retail)

6,645

Omega

Healthcare

Investors,

Inc.

(Health

Care

REITs)

11,054

ONE

Gas,

Inc.

(Gas

Utilities)

4,250

Onto

Innovation,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

5,938

Option

Care

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

3,748

Ormat

Technologies,

Inc.

(Independent

Power/

Renewable

Electricity

Producers)

5,744

Oshkosh

Corp.

(Machinery)

7,028

Ovintiv,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

8,590

Owens

Corning

(Building

Products)

9,421

Park

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

1,821

Parsons

Corp.

\*

(Professional

Services)

3,991

Paylocity

Holding

Corp.

\*

(Professional

Services)

5,651

PBF

Energy,

Inc.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

2,494

Pegasystems,

Inc.

(Software)

5,283

Penske

Automotive

Group,

Inc.

(Specialty

Retail)

2,561

Common

Stocks,

continued

Shares

Value

Penumbra,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

$

7,958

Performance

Food

Group

Co.

\*

(Consumer

Staples

Distribution

&

Retail)

13,447

Permian

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

621

7,800

Perrigo

Co.

PLC

(Pharmaceuticals)

2,530

Pilgrim's

Pride

Corp.

\*

(Food

Products)

1,448

Pinnacle

Financial

Partners,

Inc.

(Banks)

5,879

Planet

Fitness,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

6,802

Polaris

Industries,

Inc.

(Leisure

Products)

3,173

Portland

General

Electric

Co.

(Electric

Utilities)

4,477

Post

Holdings,

Inc.

\*

(Food

Products)

4,365

PotlatchDeltic

Corp.

(Specialized

REITs)

2,520

Power

Integrations,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

2,095

Primerica,

Inc.

(Insurance)

7,536

Prosperity

Bancshares,

Inc.

(Banks)

5,595

Pure

Storage,

Inc.

\*

-

Class

A

(Technology

Hardware,

Storage

&

Peripherals)

27,340

PVH

Corp.

(Textiles,

Apparel

&

Luxury

Goods)

3,368

Qualys,

Inc.

\*

(Software)

3,944

Rambus,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

9,873

Range

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

7,537

Rayonier,

Inc.

(Specialized

REITs)

2,781

Rb

Global,

Inc.

(Commercial

Services

&

Supplies)

16,371

RBC

Bearings,

Inc.

\*

(Machinery)

11,999

Regal

Rexnord

Corp.

(Electrical

Equipment)

8,313

Reinsurance

Group

of

America,

Inc.

(Insurance)

10,765

Reliance

Steel

&

Aluminum

Co.

(Metals

&

Mining)

13,274

RenaissanceRe

Holdings,

Ltd.

(Insurance)

10,672

Repligen

Corp.

\*

(Life

Sciences

Tools

&

Services)

7,006

Rexford

Industrial

Realty,

Inc.

(Industrial

REITs)

8,678

RH

\*

(Specialty

Retail)

2,415

RLI

Corp.

(Insurance)

4,835

Roivant

Sciences,

Ltd.

\*

(Biotechnology)

7,636

Royal

Gold,

Inc.

(Metals

&

Mining)

12,585

RPM

International,

Inc.

(Chemicals)

12,458

Ryan

Specialty

Holdings,

Inc.

(Insurance)

5,535

Ryder

System,

Inc.

(Ground

Transportation)

6,092

Sabra

Health

Care

REIT,

Inc.

(Health

Care

REITs)

3,796

Saia,

Inc.

\*

(Ground

Transportation)

7,020

Science

Applications

International

Corp.

(Professional

Services)

3,936

SEI

Investments

Co.

(Capital

Markets)

6,771

Selective

Insurance

Group,

Inc.

(Insurance)

4,068

Sensata

Technologies

Holding

PLC

(Electrical

Equipment)

4,106

Service

Corp.

International

(Diversified

Consumer

Services)

10,439

Shift4

Payments,

Inc.

\*

-

Class

A

(Financial

Services)

4,146

Silicon

Laboratories,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,801

Siligan

Holdings,

Inc.

(Containers

&

Packaging)

3,051

Simpson

Manufacturing

Co.,

Inc.

(Building

Products)

6,531

SLM

Corp.

(Consumer

Finance)

4,967

Sonoco

Products

Co.

(Containers

&

Packaging)

3,570

Sotera

Health

Co.

\*

(Life

Sciences

Tools

&

Services)

2,590

SouthState

Bank

Corp.

(Banks)

7,979

Southwest

Gas

Holdings,

Inc.

(Gas

Utilities)

4,532

Spire,

Inc.

(Gas

Utilities)

4,493

Sprouts

Farmers

Market,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

6,870

STAG

Industrial,

Inc.

(Industrial

REITs)

6,353

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Mid-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Starwood

Property

Trust,

Inc.

(Mortgage

REITs)

$

5,581

Stifel

Financial

Corp.

(Capital

Markets)

10,777

Synaptics,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

2,412

Synovus

Financial

Corp.

(Banks)

5,535

Talen

Energy

Corp.

\*

(Electric

Utilities)

16,390

Taylor

Morrison

Home

Corp.

\*

(Household

Durables)

5,216

TD

SYNNEX

Corp.

(Electronic

Equipment,

Instruments

&

Components)

10,798

TechnipFMC

PLC

(Energy

Equipment

&

Services)

15,134

Tempur

Sealy

International,

Inc.

(Household

Durables)

14,836

Tenet

Healthcare

Corp.

\*

(Health

Care

Providers

&

Services)

16,105

Terex

Corp.

(Machinery)

2,715

Tetra

Tech,

Inc.

(Commercial

Services

&

Supplies)

7,483

Texas

Capital

Bancshares,

Inc.

\*

(Banks)

3,437

Texas

Roadhouse,

Inc.

(Hotels,

Restaurants

&

Leisure)

9,650

The

Boston

Beer

Co.,

Inc.

\*

-

Class

A

(Beverages)

1,449

The

Brink's

Co.

(Commercial

Services

&

Supplies)

4,113

The

Carlyle

Group,

Inc.

(Capital

Markets)

12,370

The

Ensign

Group,

Inc.

(Health

Care

Providers

&

Services)

9,185

The

Gap,

Inc.

(Specialty

Retail)

4,616

The

Goodyear

Tire

&

Rubber

Co.

\*

(Automobile

Components)

1,743

The

Hanover

Insurance

Group,

Inc.

(Insurance)

5,468

The

Middleby

Corp.

\*

(Machinery)

5,093

The

New

York

Times

Co.

-

Class

A

(Media)

8,207

The

Scotts

Miracle-Gro

Co.

(Chemicals)

2,141

The

Timken

Co.

(Machinery)

4,397

The

Toro

Co.

(Machinery)

6,576

Thor

Industries,

Inc.

(Automobiles)

5,009

Toll

Brothers,

Inc.

(Household

Durables)

11,741

TopBuild

Corp.

\*

(Household

Durables)

10,562

TransUnion

(Professional

Services)

14,044

Travel

+

Leisure

Co.

(Hotels,

Restaurants

&

Leisure)

3,641

Trex

Co.,

Inc.

\*

(Building

Products)

4,590

Twilio,

Inc.

\*

-

Class

A

(Software)

18,478

TXNM

Energy,

Inc.

(Electric

Utilities)

4,771

UFP

Industries,

Inc.

(Building

Products)

4,791

UGI

Corp.

(Gas

Utilities)

6,384

UMB

Financial

Corp.

(Banks)

6,733

Under

Armour,

Inc.

\*

-

Class

A

(Textiles,

Apparel

&

Luxury

Goods)

770

Under

Armour,

Inc.

\*

-

Class

C

(Textiles,

Apparel

&

Luxury

Goods)

United

Bankshares,

Inc.

(Banks)

4,510

United

Therapeutics

Corp.

\*

(Biotechnology)

17,818

Universal

Display

Corp.

(Semiconductors

&

Semiconductor

Equipment)

5,891

Unum

Group

(Insurance)

10,205

US

Foods

Holding

Corp.

\*

(Consumer

Staples

Distribution

&

Retail)

14,524

Vail

Resorts,

Inc.

(Hotels,

Restaurants

&

Leisure)

4,895

Valaris,

Ltd.

\*

(Energy

Equipment

&

Services)

3,311

Valley

National

Bancorp

(Banks)

4,641

Valmont

Industries,

Inc.

(Construction

&

Engineering)

7,028

Valvoline,

Inc.

\*

(Specialty

Retail)

3,730

VF

Corp.

(Textiles,

Apparel

&

Luxury

Goods)

4,086

Viper

Energy,

Inc.

-

Class

A

(Oil

&

Gas

Producers)

5,634

Visteon

Corp.

(Automobile

Components)

2,572

Vontier

Corp.

(Electronic

Equipment,

Instruments

&

Components)

5,044

Vornado

Realty

Trust

(Office

REITs)

5,425

Voya

Financial,

Inc.

(Financial

Services)

6,404

Common

Stocks,

continued

Shares

Value

Warner

Music

Group

Corp.

-

Class

A

(Entertainment)

$

4,155

Watsco,

Inc.

(Trading

Companies

&

Distributors)

11,409

Watts

Water

Technologies,

Inc.

-

Class

A

(Machinery)

6,542

Weatherford

International

PLC

\*

(Energy

Equipment

&

Services)

4,716

Webster

Financial

Corp.

(Banks)

8,442

WESCO

International,

Inc.

(Trading

Companies

&

Distributors)

11,420

Western

Alliance

Bancorp

(Banks)

7,116

Westlake

Corp.

(Chemicals)

2,064

WEX,

Inc.

\*

(Financial

Services)

4,376

Whirlpool

Corp.

(a) (Household

Durables)

3,582

Wingstop,

Inc.

(Hotels,

Restaurants

&

Leisure)

5,416

Wintrust

Financial

Corp.

(Banks)

7,801

Woodward,

Inc.

(Aerospace

&

Defense)

13,892

WP

Carey,

Inc.

(Equity

REIT

-

Diversified)

12,870

Wyndham

Hotels

&

Resorts,

Inc.

(Hotels,

Restaurants

&

Leisure)

4,993

XPO,

Inc.

\*

(Ground

Transportation)

15,107

YETI

Holdings,

Inc.

\*

(Leisure

Products)

2,447

Zions

Bancorp

N.A.

(Banks)

6,826

ZoomInfo

Technologies,

Inc.

\*

(Interactive

Media

&

Services)

2,794

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,471,615)

2,771,416

Repurchase

Agreements

(b)(c) (86.6%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$3,302,361

$

3,302,000

3,302,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$3,302,000)

3,302,000

Collateral

for

Securities

Loaned

(d) (0.5%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(e) 19,617

19,617

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $19,617)

19,617

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$4,793,232)— 159.7%

6,093,033

Net

other

assets

(liabilities) —

(59.7)%

(2,278,484)

NET

ASSETS

—

100.0%

$

3,814,549

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$11,740.

(b) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$366,000.

(c) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(d) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (e) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. REIT

Real

Estate

Investment

Trust

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Mid-Cap

ProFund

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

MidCap

Goldman

Sachs

International

11/28/25

4.52%

$

585,658

$

(56,053)

S&P

MidCap

UBS

AG

11/28/25

4.67%

457,723

(8,076)

$1,043,381

$(64,129)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Mid-Cap

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

80,466

2.1%

Air

Freight

&

Logistics

5,733

0.2%

Automobile

Components

21,269

0.6%

Automobiles

7,923

0.2%

Banks

174,010

4.6%

Beverages

16,912

0.4%

Biotechnology

69,980

1.8%

Broadline

Retail

11,342

0.3%

Building

Products

57,987

1.5%

Capital

Markets

79,078

2.1%

Chemicals

37,486

1.0%

Commercial

Services

&

Supplies

42,622

1.1%

Communications

Equipment

36,427

1.0%

Construction

&

Engineering

71,066

1.9%

Construction

Materials

9,241

0.2%

Consumer

Finance

20,218

0.5%

Consumer

Staples

Distribution

&

Retail

74,480

2.0%

Containers

&

Packaging

28,892

0.8%

Diversified

Consumer

Services

33,574

0.9%

Diversified

Telecommunication

Services

10,221

0.3%

Electric

Utilities

43,277

1.0%

Electrical

Equipment

56,266

1.5%

Electronic

Equipment,

Instruments

&

Components

102,338

2.7%

Energy

Equipment

&

Services

27,979

0.7%

Entertainment

4,155

0.1%

Equity

REIT

-

Diversified

12,870

0.3%

Financial

Services

41,798

1.1%

Food

Products

21,931

0.6%

Gas

Utilities

29,915

0.8%

Ground

Transportation

40,783

1.1%

Health

Care

Equipment

&

Supplies

33,258

0.9%

Health

Care

Providers

&

Services

60,426

1.6%

Health

Care

REITs

20,396

0.5%

Health

Care

Technology

7,986

0.2%

Hotel

&

Resort

REITs

1,821

NM

Hotels,

Restaurants

&

Leisure

70,546

1.8%

Household

Durables

49,682

1.3%

Value

%

of

Net

Assets

Independent

Power/Renewable

Electricity

Producers

$

5,744

0.2%

Industrial

REITs

29,931

0.8%

Industrial

Support

Services

12,114

0.3%

Insurance

110,443

2.9%

Interactive

Media

&

Services

2,794

0.1%

IT

Services

21,341

0.6%

Leisure

Facilities

&

Services

4,782

0.1%

Leisure

Products

14,711

0.4%

Life

Sciences

Tools

&

Services

54,349

1.4%

Machinery

144,319

3.7%

Marine

Transportation

5,071

0.1%

Media

22,279

0.5%

Metals

&

Mining

80,180

2.1%

Mortgage

REITs

17,669

0.5%

Multi-Utilities

7,405

0.2%

Office

REITs

16,204

0.4%

Oil

&

Gas

Producers

5,634

0.1%

Oil,

Gas

&

Consumable

Fuels

75,404

2.1%

Paper

&

Forest

Products

4,878

0.1%

Passenger

Airlines

11,992

0.3%

Personal

Care

Products

11,134

0.3%

Pharmaceuticals

19,753

0.5%

Professional

Services

69,861

1.8%

Real

Estate

Management

&

Development

12,814

0.3%

Residential

REITs

23,023

0.6%

Retail

-

Discretionary

4,602

0.1%

Retail

REITs

25,385

0.7%

Semiconductors

&

Semiconductor

Equipment

80,992

2.1%

Software

130,740

3.4%

Specialized

REITs

38,500

1.1%

Specialty

Retail

91,006

2.4%

Technology

Hardware,

Storage

&

Peripherals

27,340

0.7%

Textiles,

Apparel

&

Luxury

Goods

16,022

0.4%

Trading

Companies

&

Distributors

48,888

1.3%

Water

Utilities

9,758

0.3%

Other

\*\*

1,043,133

27.4%

Total

$

3,814,549

100.0%

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Mid-Cap

ProFund

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

NM

Not

meaningful,

amount

is

less

than

0.05%

REIT

Real

Estate

Investment

Trust

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Mid-Cap

Value

ProFund

Common

Stocks

(99.9%)

Shares

Value

Advanced

Drainage

Systems,

Inc.

(Building

Products)

$

7,283

AECOM

(Construction

&

Engineering)

11,823

Affiliated

Managers

Group,

Inc.

(Capital

Markets)

5,711

AGCO

Corp.

(Machinery)

8,975

Agree

Realty

Corp.

(Retail

REITs)

6,571

Albertsons

Cos.,

Inc.

-

Class

A

(Consumer

Staples

Distribution

&

Retail)

561

9,924

Alcoa

Corp.

(Metals

&

Mining)

13,318

Allegro

MicroSystems,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,142

ALLETE,

Inc.

(Electric

Utilities)

5,386

Ally

Financial,

Inc.

(Consumer

Finance)

15,237

American

Financial

Group,

Inc.

(Insurance)

7,242

American

Homes

Rent

-

Class

A

(Residential

REITs)

8,879

Amkor

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

5,036

Annaly

Capital

Management,

Inc.

(Mortgage

REITs)

896

18,968

Antero

Midstream

Corp.

(Oil,

Gas

&

Consumable

Fuels)

4,002

Antero

Resources

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

12,642

API

Group

Corp.

\*

(Industrial

Support

Services)

7,732

AptarGroup,

Inc.

(Containers

&

Packaging)

5,104

Aramark

(Hotels,

Restaurants

&

Leisure)

13,902

Arrow

Electronics,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

8,143

ASGN,

Inc.

\*

(IT

Services)

2,686

Ashland,

Inc.

(Chemicals)

3,032

Associated

Banc-Corp.

(Banks)

5,598

Autoliv,

Inc.

(Automobile

Components)

11,680

AutoNation,

Inc.

\*

(Specialty

Retail)

7,995

Avantor,

Inc.

\*

(Life

Sciences

Tools

&

Services)

950

11,229

Avient

Corp.

(Chemicals)

4,073

Avis

Budget

Group,

Inc.

\*

(Ground

Transportation)

3,266

Avnet,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

5,620

Axalta

Coating

Systems,

Ltd.

\*

(Chemicals)

3,900

Bank

OZK

(Banks)

6,614

Bath

&

Body

Works,

Inc.

(Retail

-

Discretionary)

3,476

BellRing

Brands,

Inc.

\*

(Personal

Care

Products)

2,832

Bentley

Systems,

Inc.

-

Class

B

(Software)

4,371

BILL

Holdings,

Inc.

\*

(Software)

6,307

BioMarin

Pharmaceutical,

Inc.

\*

(Biotechnology)

14,304

Bio-Rad

Laboratories,

Inc.

\*

-

Class

A

(Life

Sciences

Tools

&

Services)

8,308

BJ's

Wholesale

Club

Holdings,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

8,738

Black

Hills

Corp.

(Multi-Utilities)

6,406

Blackbaud,

Inc.

(Software)

1,729

Boyd

Gaming

Corp.

(Hotels,

Restaurants

&

Leisure)

2,570

Brighthouse

Financial,

Inc.

\*

(Insurance)

4,509

Brixmor

Property

Group,

Inc.

(Retail

REITs)

5,101

Bruker

Corp.

(Life

Sciences

Tools

&

Services)

3,193

Brunswick

Corp.

(Leisure

Products)

5,950

Cabot

Corp.

(Chemicals)

2,227

CACI

International,

Inc.

\*

-

Class

A

(Professional

Services)

6,747

Cadence

Bank

(Banks)

9,775

Capri

Holdings,

Ltd.

\*

(Textiles,

Apparel

&

Luxury

Goods)

3,403

Casey's

General

Stores,

Inc.

(Consumer

Staples

Distribution

&

Retail)

8,211

Cava

Group,

Inc.

\*

(Leisure

Facilities

&

Services)

1,666

Celsius

Holdings,

Inc.

\*

(Beverages)

4,758

Chemed

Corp.

(Health

Care

Providers

&

Services)

4,744

Chord

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

7,348

Ciena

Corp.

\*

(Communications

Equipment)

15,194

Cirrus

Logic,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,714

Common

Stocks,

continued

Shares

Value

Civitas

Resources,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

$

3,287

Cleveland-Cliffs,

Inc.

\*

(Metals

&

Mining)

798

9,919

CNH

Industrial

N.V.

(Machinery)

1,239

12,998

CNO

Financial

Group,

Inc.

(Insurance)

5,403

Cognex

Corp.

(Electronic

Equipment,

Instruments

&

Components)

5,795

Columbia

Banking

System,

Inc.

(Banks)

11,149

Columbia

Sportswear

Co.

(Textiles,

Apparel

&

Luxury

Goods)

1,787

Comerica,

Inc.

(Banks)

13,693

Commerce

Bancshares,

Inc.

(Banks)

3,842

Commercial

Metals

Co.

(Metals

&

Mining)

9,260

Concentrix

Corp.

(Professional

Services)

2,459

COPT

Defense

Properties

(Office

REITs)

2,085

Core

&

Main,

Inc.

\*

-

Class

A

(Trading

Companies

&

Distributors)

5,218

Coty,

Inc.

-

Class

A

(Personal

Care

Products)

509

2,021

Cousins

Properties,

Inc.

(Office

REITs)

6,042

Crane

Co.

(Machinery)

6,080

Crane

NXT

Co.

(Electronic

Equipment,

Instruments

&

Components)

2,657

Crown

Holdings,

Inc.

(Containers

&

Packaging)

15,550

CubeSmart

(Specialized

REITs)

5,500

Cullen/Frost

Bankers,

Inc.

(Banks)

3,325

Cytokinetics,

Inc.

\*

(Biotechnology)

5,214

Darling

Ingredients,

Inc.

\*

(Food

Products)

7,019

DENTSPLY

SIRONA,

Inc.

(Health

Care

Equipment

&

Supplies)

3,493

Dick's

Sporting

Goods,

Inc.

(Specialty

Retail)

8,415

Dolby

Laboratories,

Inc.

\*

-

Class

A

(Software)

5,505

Donaldson

Co.,

Inc.

(Machinery)

5,982

Dropbox,

Inc.

\*

-

Class

A

(Software)

2,900

EastGroup

Properties,

Inc.

(Industrial

REITs)

6,981

EchoStar

Corp.

\*

-

Class

A

(Media)

7,113

Elanco

Animal

Health,

Inc.

\*

(Pharmaceuticals)

693

15,350

Encompass

Health

Corp.

(Health

Care

Providers

&

Services)

4,668

EnerSys

(Electrical

Equipment)

6,686

Entegris,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

9,431

Envista

Holdings

Corp.

\*

(Health

Care

Equipment

&

Supplies)

4,681

EPR

Properties

(Specialized

REITs)

5,147

Equity

LifeStyle

Properties,

Inc.

(Residential

REITs)

8,242

Essent

Group,

Ltd.

(Financial

Services)

8,298

Essential

Utilities,

Inc.

(Water

Utilities)

15,339

Euronet

Worldwide,

Inc.

\*

(Financial

Services)

1,745

Exponent,

Inc.

(Professional

Services)

1,983

F.N.B.

Corp.

(Banks)

501

7,876

Federated

Hermes,

Inc.

-

Class

B

(Capital

Markets)

1,939

Fidelity

National

Financial,

Inc.

(Insurance)

19,666

First

American

Financial

Corp.

(Insurance)

8,876

First

Financial

Bankshares,

Inc.

(Banks)

2,440

First

Horizon

Corp.

(Banks)

708

15,122

First

Industrial

Realty

Trust,

Inc.

(Industrial

REITs)

4,644

FirstCash

Holdings,

Inc.

(Consumer

Finance)

3,170

Five

Below,

Inc.

\*

(Specialty

Retail)

12,266

Flex,

Ltd.

\*

(Electronic

Equipment,

Instruments

&

Components)

523

32,698

Floor

&

Decor

Holdings,

Inc.

\*

-

Class

A

(Specialty

Retail)

4,186

Flowers

Foods,

Inc.

(Food

Products)

3,507

Flowserve

Corp.

(Machinery)

3,617

Fluor

Corp.

(Construction

&

Engineering)

10,973

Fortune

Brands

Innovations,

Inc.

(Building

Products)

8,483

Frontier

Communications

Parent,

Inc.

\*

(Diversified

Telecommunication

Services)

13,178

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Mid-Cap

Value

ProFund

Common

Stocks,

continued

Shares

Value

FTI

Consulting,

Inc.

\*

(Professional

Services)

$

7,424

GameStop

Corp.

(a) -

Class

A

(Specialty

Retail)

7,111

Gaming

and

Leisure

Properties,

Inc.

(Specialized

REITs)

9,958

GATX

Corp.

(Trading

Companies

&

Distributors)

2,980

Genpact,

Ltd.

(Professional

Services)

4,006

Gentex

Corp.

(Automobile

Components)

4,198

Glacier

Bancorp,

Inc.

(Banks)

3,962

Graco,

Inc.

(Machinery)

9,567

Graham

Holdings

Co.

-

Class

B

(Diversified

Consumer

Services)

5,061

Graphic

Packaging

Holding

Co.

(Containers

&

Packaging)

4,013

Greif,

Inc.

-

Class

A

(Containers

&

Packaging)

2,105

GXO

Logistics,

Inc.

\*

(Air

Freight

&

Logistics)

8,937

Haemonetics

Corp.

\*

(Health

Care

Equipment

&

Supplies)

1,450

Hancock

Whitney

Corp.

(Banks)

6,739

Harley-Davidson,

Inc.

(Automobiles)

4,506

Healthcare

Realty

Trust,

Inc.

(Health

Care

REITs)

8,683

Hexcel

Corp.

(Aerospace

&

Defense)

3,998

HF

Sinclair

Corp.

(Oil,

Gas

&

Consumable

Fuels)

11,455

Home

BancShares,

Inc.

(Banks)

4,167

IDACORP,

Inc.

(Electric

Utilities)

5,806

Illumina,

Inc.

\*

(Life

Sciences

Tools

&

Services)

12,847

Independence

Realty

Trust,

Inc.

(Residential

REITs)

2,039

Ingredion,

Inc.

(Food

Products)

6,001

Insperity,

Inc.

(Professional

Services)

2,118

International

Bancshares

Corp.

(Banks)

1,460

IPG

Photonics

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

3,064

Iridium

Communications,

Inc.

(Diversified

Telecommunication

Services)

1,417

ITT,

Inc.

(Machinery)

5,922

Janus

Henderson

Group

PLC

(Capital

Markets)

4,530

Jazz

Pharmaceuticals

PLC

\*

(Pharmaceuticals)

11,837

Jefferies

Financial

Group,

Inc.

(Capital

Markets)

5,653

Jones

Lang

LaSalle,

Inc.

\*

(Real

Estate

Management

&

Development)

9,458

KB

Home

(Household

Durables)

2,871

KBR,

Inc.

(Professional

Services)

4,413

Kemper

Corp.

(Insurance)

3,869

Kilroy

Realty

Corp.

(Office

REITs)

6,422

Kite

Realty

Group

Trust

(Retail

REITs)

3,830

Knight-Swift

Transportation

Holdings,

Inc.

(Ground

Transportation)

10,197

Kratos

Defense

&

Security

Solutions,

Inc.

\*

(Aerospace

&

Defense)

9,060

Kyndryl

Holdings,

Inc.

\*

(IT

Services)

4,019

Lamar

Advertising

Co.

-

Class

A

(Specialized

REITs)

5,337

Lancaster

Colony

Corp.

(Food

Products)

2,352

Landstar

System,

Inc.

(Ground

Transportation)

6,293

Lattice

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

7,004

Lear

Corp.

(Automobile

Components)

7,849

Lincoln

Electric

Holdings,

Inc.

(Machinery)

7,737

Lithia

Motors,

Inc.

-

A

(Specialty

Retail)

11,307

Littelfuse,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

8,516

LivaNova

PLC

\*

(Health

Care

Equipment

&

Supplies)

2,263

Lumentum

Holdings,

Inc.

\*

(Communications

Equipment)

7,256

Macy's,

Inc.

(Broadline

Retail)

7,348

Maplebear,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

5,087

Common

Stocks,

continued

Shares

Value

Marriott

Vacations

Worldwide

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

$

2,573

Matador

Resources

Co.

(Oil,

Gas

&

Consumable

Fuels)

2,249

Mattel,

Inc.

\*

(Leisure

Products)

8,235

Maximus,

Inc.

(Professional

Services)

6,566

MGIC

Investment

Corp.

(Financial

Services)

4,524

MKS

Instruments,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

8,047

MP

Materials

Corp.

\*

(Metals

&

Mining)

6,561

MSA

Safety,

Inc.

(Commercial

Services

&

Supplies)

4,082

MSC

Industrial

Direct

Co.,

Inc.

(Trading

Companies

&

Distributors)

5,434

Murphy

Oil

Corp.

(Oil,

Gas

&

Consumable

Fuels)

5,236

National

Fuel

Gas

Co.

(Gas

Utilities)

9,864

National

Retail

Properties,

Inc.

(Retail

REITs)

10,601

New

Jersey

Resources

Corp.

(Gas

Utilities)

6,202

New

York

Community

Bancorp,

Inc.

(Banks)

4,739

NewMarket

Corp.

(Chemicals)

4,607

Nexstar

Media

Group,

Inc.

(Media)

7,829

NEXTracker,

Inc.

\*

-

Class

A

(Electrical

Equipment)

20,954

NorthWestern

Energy

Group,

Inc.

(Multi-Utilities)

5,072

NOV,

Inc.

(Energy

Equipment

&

Services)

517

7,548

Novanta,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

2,540

OGE

Energy

Corp.

(Electric

Utilities)

12,359

Old

National

Bancorp

(Banks)

9,929

Old

Republic

International

Corp.

(Insurance)

12,548

Olin

Corp.

(Chemicals)

3,271

Ollie's

Bargain

Outlet

Holdings,

Inc.

\*

(Broadline

Retail)

4,228

Omega

Healthcare

Investors,

Inc.

(Health

Care

REITs)

10,339

ONE

Gas,

Inc.

(Gas

Utilities)

6,816

Onto

Innovation,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

4,049

Option

Care

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

5,857

Ormat

Technologies,

Inc.

(Independent

Power/

Renewable

Electricity

Producers)

4,999

Oshkosh

Corp.

(Machinery)

11,097

Ovintiv,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

13,466

Park

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

1,441

PBF

Energy,

Inc.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

3,895

Penske

Automotive

Group,

Inc.

(Specialty

Retail)

4,162

Penumbra,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

4,320

Performance

Food

Group

Co.

\*

(Consumer

Staples

Distribution

&

Retail)

21,186

Perrigo

Co.

PLC

(Pharmaceuticals)

3,941

Pinnacle

Financial

Partners,

Inc.

(Banks)

3,323

Polaris

Industries,

Inc.

(Leisure

Products)

4,891

Portland

General

Electric

Co.

(Electric

Utilities)

6,989

Post

Holdings,

Inc.

\*

(Food

Products)

3,118

PotlatchDeltic

Corp.

(Specialized

REITs)

3,920

Power

Integrations,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

2,095

Prosperity

Bancshares,

Inc.

(Banks)

8,688

PVH

Corp.

(Textiles,

Apparel

&

Luxury

Goods)

5,326

Qualys,

Inc.

\*

(Software)

2,588

Range

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

6,328

Rayonier,

Inc.

(Specialized

REITs)

4,326

Regal

Rexnord

Corp.

(Electrical

Equipment)

13,244

Reinsurance

Group

of

America,

Inc.

(Insurance)

16,969

Reliance

Steel

&

Aluminum

Co.

(Metals

&

Mining)

20,900

Repligen

Corp.

\*

(Life

Sciences

Tools

&

Services)

6,410

Rexford

Industrial

Realty,

Inc.

(Industrial

REITs)

13,594

RH

\*

(Specialty

Retail)

1,897

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Mid-Cap

Value

ProFund

Common

Stocks,

continued

Shares

Value

Royal

Gold,

Inc.

(Metals

&

Mining)

$

11,012

RPM

International,

Inc.

(Chemicals)

8,524

Ryder

System,

Inc.

(Ground

Transportation)

4,569

Sabra

Health

Care

REIT,

Inc.

(Health

Care

REITs)

5,916

Science

Applications

International

Corp.

(Professional

Services)

6,185

SEI

Investments

Co.

(Capital

Markets)

4,192

Selective

Insurance

Group,

Inc.

(Insurance)

6,479

Sensata

Technologies

Holding

PLC

(Electrical

Equipment)

6,398

Service

Corp.

International

(Diversified

Consumer

Services)

6,430

Silicon

Laboratories,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,408

Siligan

Holdings,

Inc.

(Containers

&

Packaging)

4,750

Simpson

Manufacturing

Co.,

Inc.

(Building

Products)

3,530

Sonoco

Products

Co.

(Containers

&

Packaging)

5,558

Sotera

Health

Co.

\*

(Life

Sciences

Tools

&

Services)

2,158

SouthState

Bank

Corp.

(Banks)

12,500

Southwest

Gas

Holdings,

Inc.

(Gas

Utilities)

7,155

Spire,

Inc.

(Gas

Utilities)

7,171

STAG

Industrial,

Inc.

(Industrial

REITs)

9,912

Starwood

Property

Trust,

Inc.

(Mortgage

REITs)

8,745

Stifel

Financial

Corp.

(Capital

Markets)

4,974

Synaptics,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,831

Synovus

Financial

Corp.

(Banks)

4,375

Talen

Energy

Corp.

\*

(Electric

Utilities)

25,586

Taylor

Morrison

Home

Corp.

\*

(Household

Durables)

8,120

TD

SYNNEX

Corp.

(Electronic

Equipment,

Instruments

&

Components)

16,588

Tempur

Sealy

International,

Inc.

(Household

Durables)

9,442

Tenet

Healthcare

Corp.

\*

(Health

Care

Providers

&

Services)

10,118

Terex

Corp.

(Machinery)

4,188

Texas

Capital

Bancshares,

Inc.

\*

(Banks)

5,450

The

Boston

Beer

Co.,

Inc.

\*

-

Class

A

(Beverages)

2,277

The

Brink's

Co.

(Commercial

Services

&

Supplies)

3,224

The

Carlyle

Group,

Inc.

(Capital

Markets)

12,210

The

Gap,

Inc.

(Specialty

Retail)

7,198

The

Goodyear

Tire

&

Rubber

Co.

\*

(Automobile

Components)

2,735

The

Hanover

Insurance

Group,

Inc.

(Insurance)

8,544

The

Middleby

Corp.

\*

(Machinery)

8,199

The

New

York

Times

Co.

-

Class

A

(Media)

5,870

The

Scotts

Miracle-Gro

Co.

(Chemicals)

2,141

The

Timken

Co.

(Machinery)

6,987

The

Toro

Co.

(Machinery)

6,053

Thor

Industries,

Inc.

(Automobiles)

7,826

Trex

Co.,

Inc.

\*

(Building

Products)

3,624

TXNM

Energy,

Inc.

(Electric

Utilities)

7,498

UFP

Industries,

Inc.

(Building

Products)

7,647

UGI

Corp.

(Gas

Utilities)

9,996

UMB

Financial

Corp.

(Banks)

4,489

Under

Armour,

Inc.

\*

-

Class

A

(Textiles,

Apparel

&

Luxury

Goods)

1,203

Under

Armour,

Inc.

\*

-

Class

C

(Textiles,

Apparel

&

Luxury

Goods)

733

United

Bankshares,

Inc.

(Banks)

6,979

Universal

Display

Corp.

(Semiconductors

&

Semiconductor

Equipment)

5,008

Unum

Group

(Insurance)

16,079

US

Foods

Holding

Corp.

\*

(Consumer

Staples

Distribution

&

Retail)

22,803

Vail

Resorts,

Inc.

(Hotels,

Restaurants

&

Leisure)

3,708

Common

Stocks,

continued

Shares

Value

Valley

National

Bancorp

(Banks)

671

$

7,294

Valmont

Industries,

Inc.

(Construction

&

Engineering)

3,307

VF

Corp.

(Textiles,

Apparel

&

Luxury

Goods)

6,416

Visteon

Corp.

(Automobile

Components)

4,072

Vontier

Corp.

(Electronic

Equipment,

Instruments

&

Components)

4,543

Vornado

Realty

Trust

(Office

REITs)

2,238

Voya

Financial,

Inc.

(Financial

Services)

4,840

Warner

Music

Group

Corp.

-

Class

A

(Entertainment)

3,356

Watsco,

Inc.

(Trading

Companies

&

Distributors)

6,992

Watts

Water

Technologies,

Inc.

-

Class

A

(Machinery)

5,179

Weatherford

International

PLC

(Energy

Equipment

&

Services)

3,906

Webster

Financial

Corp.

(Banks)

13,233

WESCO

International,

Inc.

(Trading

Companies

&

Distributors)

17,908

Westlake

Corp.

(Chemicals)

3,234

WEX,

Inc.

\*

(Financial

Services)

2,042

Whirlpool

Corp.

(a) (Household

Durables)

5,659

Wintrust

Financial

Corp.

(Banks)

5,851

WP

Carey,

Inc.

(Equity

REIT

-

Diversified)

20,130

XPO,

Inc.

\*

(Ground

Transportation)

12,229

YETI

Holdings,

Inc.

\*

(Leisure

Products)

2,175

Zions

Bancorp

N.A.

(Banks)

6,410

ZoomInfo

Technologies,

Inc.

\*

(Interactive

Media

&

Services)

4,365

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,399,595)

2,032,345

Collateral

for

Securities

Loaned

(b) (0.6%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(c) 12,442

12,442

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $12,442)

12,442

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$1,412,037)— 100.5%

2,044,787

Net

other

assets

(liabilities) —

(0.5)%

(9,865)

NET

ASSETS

—

100.0%

$

2,034,922

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$12,032.

(b) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (c) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. REIT

Real

Estate

Investment

Trust

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Mid-Cap

Value

ProFund

Mid-Cap

Value

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

13,058

0.6%

Air

Freight

&

Logistics

8,937

0.4%

Automobile

Components

30,534

1.5%

Automobiles

12,332

0.6%

Banks

189,022

9.4%

Beverages

7,035

0.3%

Biotechnology

19,518

1.0%

Broadline

Retail

11,576

0.6%

Building

Products

30,567

1.5%

Capital

Markets

39,209

1.9%

Chemicals

35,009

1.7%

Commercial

Services

&

Supplies

7,306

0.4%

Communications

Equipment

22,450

1.1%

Construction

&

Engineering

26,103

1.3%

Consumer

Finance

18,407

0.9%

Consumer

Staples

Distribution

&

Retail

75,949

3.8%

Containers

&

Packaging

37,080

1.8%

Diversified

Consumer

Services

11,491

0.6%

Diversified

Telecommunication

Services

14,595

0.7%

Electric

Utilities

63,624

3.1%

Electrical

Equipment

47,282

2.3%

Electronic

Equipment,

Instruments

&

Components

90,164

4.5%

Energy

Equipment

&

Services

11,454

0.6%

Entertainment

3,356

0.2%

Equity

REIT

-

Diversified

20,130

1.0%

Financial

Services

21,449

1.1%

Food

Products

21,997

1.1%

Gas

Utilities

47,204

2.3%

Ground

Transportation

36,554

1.8%

Health

Care

Equipment

&

Supplies

16,207

0.8%

Health

Care

Providers

&

Services

25,387

1.2%

Health

Care

REITs

24,938

1.2%

Hotel

&

Resort

REITs

1,441

0.1%

Hotels,

Restaurants

&

Leisure

22,753

1.1%

Household

Durables

26,092

1.3%

Independent

Power/Renewable

Electricity

Producers

4,999

0.2%

Industrial

REITs

35,131

1.7%

Industrial

Support

Services

7,732

0.4%

Insurance

110,184

5.4%

Interactive

Media

&

Services

4,365

0.2%

IT

Services

6,705

0.3%

Leisure

Facilities

&

Services

1,666

0.1%

Leisure

Products

21,251

1.0%

Life

Sciences

Tools

&

Services

44,145

2.2%

Machinery

102,581

5.0%

Media

20,812

1.0%

Metals

&

Mining

70,970

3.5%

Mortgage

REITs

27,713

1.4%

Multi-Utilities

11,478

0.6%

Value

%

of

Net

Assets

Office

REITs

$

16,787

0.8%

Oil,

Gas

&

Consumable

Fuels

69,908

3.4%

Personal

Care

Products

4,853

0.2%

Pharmaceuticals

31,128

1.5%

Professional

Services

41,901

2.1%

Real

Estate

Management

&

Development

9,458

0.5%

Residential

REITs

19,160

0.9%

Retail

-

Discretionary

3,476

0.2%

Retail

REITs

26,103

1.3%

Semiconductors

&

Semiconductor

Equipment

54,765

2.7%

Software

23,400

1.1%

Specialized

REITs

34,188

1.7%

Specialty

Retail

64,537

3.1%

Textiles,

Apparel

&

Luxury

Goods

18,868

0.9%

Trading

Companies

&

Distributors

38,532

1.9%

Water

Utilities

15,339

0.8%

Other

\*\*

2,577

0.1%

Total

$

2,034,922

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

REIT

Real

Estate

Investment

Trust

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

ProFund

Common

Stocks

(66.3%)

Shares

Value

Adobe,

Inc.

\*

(Software)

2,081

$

708,185

Advanced

Micro

Devices,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

7,961

2,038,971

Airbnb,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

2,105

266,367

Alphabet,

Inc.

-

Class

A

(Interactive

Media

&

Services)

11,598

3,261,242

Alphabet,

Inc.

-

Class

C

(Interactive

Media

&

Services)

10,827

3,051,265

Amazon.com,

Inc.

\*

(Broadline

Retail)

21,266

5,193,582

American

Electric

Power

Co.,

Inc.

(Electric

Utilities)

2,622

315,322

Amgen,

Inc.

(Biotechnology)

2,641

788,153

Analog

Devices,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

2,413

564,956

Apple,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

29,589

7,999,978

Applied

Materials,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

3,908

910,955

AppLovin

Corp.

\*

-

Class

A

(Software)

1,510

962,368

ARM

Holdings

PLC

\*ADR

(Semiconductors

&

Semiconductor

Equipment)

670

113,779

ASML

Holding

N.V.

ADR

(Semiconductors

&

Semiconductor

Equipment)

440,640

AstraZeneca

PLC

ADR

(Pharmaceuticals)

2,880

237,312

Atlassian

Corp.

\*

-

Class

A

(Software)

816

138,247

Autodesk,

Inc.

\*

(Software)

1,050

316,407

Automatic

Data

Processing,

Inc.

(Professional

Services)

1,986

516,956

Axon

Enterprise,

Inc.

\*

(Aerospace

&

Defense)

281,909

Baker

Hughes

Co.

(Energy

Equipment

&

Services)

4,835

234,062

Biogen,

Inc.

\*

(Biotechnology)

719

110,920

Booking

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

807,361

Broadcom,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

15,510

5,732,961

Cadence

Design

Systems,

Inc.

\*

(Software)

1,337

452,829

CDW

Corp.

(Electronic

Equipment,

Instruments

&

Components)

643

102,475

Charter

Communications,

Inc.

\*

-

Class

A

(Media)

670

156,673

Cintas

Corp.

(Commercial

Services

&

Supplies)

1,978

362,508

Cisco

Systems,

Inc.

(Communications

Equipment)

19,424

1,420,089

Coca-Cola

European

Partners

PLC

(Beverages)

2,247

199,601

Cognizant

Technology

Solutions

Corp.

-

Class

A

(IT

Services)

2,395

174,548

Comcast

Corp.

-

Class

A

(Media)

18,064

502,811

Constellation

Energy

Corp.

(Electric

Utilities)

1,533

577,941

Copart,

Inc.

\*

(Commercial

Services

&

Supplies)

4,742

203,953

CoStar

Group,

Inc.

\*

(Real

Estate

Management

&

Development)

2,077

142,918

Costco

Wholesale

Corp.

(Consumer

Staples

Distribution

&

Retail)

2,175

1,982,404

Crowdstrike

Holdings,

Inc.

\*

-

Class

A

(Software)

1,231

668,445

CSX

Corp.

(Ground

Transportation)

9,145

329,403

Datadog,

Inc.

\*

-

Class

A

(Software)

1,586

258,217

Dexcom,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,922

111,899

Diamondback

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,419

203,187

DoorDash,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

1,974

502,126

Electronic

Arts,

Inc.

(Entertainment)

1,227

245,474

Exelon

Corp.

(Electric

Utilities)

4,954

228,478

Fastenal

Co.

(Trading

Companies

&

Distributors)

5,629

231,633

Fortinet,

Inc.

\*

(Software)

3,758

324,804

Common

Stocks,

continued

Shares

Value

GE

HealthCare

Technologies,

Inc.

(Health

Care

Equipment

&

Supplies)

2,238

$

167,738

Gilead

Sciences,

Inc.

(Biotechnology)

6,087

729,162

GLOBALFOUNDRIES,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

2,722

96,903

Honeywell

International,

Inc.

(Industrial

Conglomerates)

3,114

626,942

IDEXX

Laboratories,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

247,397

Intel

Corp.

(Semiconductors

&

Semiconductor

Equipment)

21,469

858,545

Intuit,

Inc.

(Software)

1,367

912,541

Intuitive

Surgical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,759

939,799

Keurig

Dr

Pepper,

Inc.

(Beverages)

6,662

180,940

KLA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

647

782,055

Lam

Research

Corp.

(Semiconductors

&

Semiconductor

Equipment)

6,208

977,512

Linde

PLC

(Chemicals)

2,301

962,508

Lululemon

Athletica,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

563

96,014

Marriott

International,

Inc.

-

Class

A

(Hotels,

Restaurants

&

Leisure)

1,332

347,093

Marvell

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

4,228

396,333

MercadoLibre,

Inc.

\*

(Broadline

Retail)

579,488

Meta

Platforms,

Inc.

-

Class

A

(Interactive

Media

&

Services)

4,324

2,803,465

Microchip

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

2,647

165,226

Micron

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

5,491

1,228,721

Microsoft

Corp.

(Software)

14,820

7,673,945

MicroStrategy,

Inc.

\*

-

Class

A

(Software)

1,293

348,476

Mondelez

International,

Inc.

-

Class

A

(Food

Products)

6,346

364,641

Monster

Beverage

Corp.

\*

(Beverages)

4,789

320,049

Netflix,

Inc.

\*

(Entertainment)

2,085

2,332,823

NVIDIA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

48,450

9,810,641

NXP

Semiconductors

N.V.

(Semiconductors

&

Semiconductor

Equipment)

1,237

258,681

Old

Dominion

Freight

Line,

Inc.

(Ground

Transportation)

1,031

144,773

ON

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

2,005

100,410

O'Reilly

Automotive,

Inc.

\*

(Specialty

Retail)

4,162

393,059

PACCAR,

Inc.

(Machinery)

2,575

253,380

Palantir

Technologies,

Inc.

\*

-

Class

A

(Software)

11,156

2,236,443

Palo

Alto

Networks,

Inc.

\*

(Software)

3,281

722,607

Paychex,

Inc.

(Professional

Services)

1,764

206,441

PayPal

Holdings,

Inc.

\*

(Financial

Services)

4,686

324,599

PDD

Holdings,

Inc.

\*ADR

(Broadline

Retail)

3,277

441,969

PepsiCo,

Inc.

(Beverages)

6,716

981,140

QUALCOMM,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

5,292

957,323

Regeneron

Pharmaceuticals,

Inc.

(Biotechnology)

512

333,722

Roper

Technologies,

Inc.

(Software)

528

235,567

Ross

Stores,

Inc.

(Specialty

Retail)

1,604

254,908

Shopify,

Inc.

\*

-

Class

A

(IT

Services)

5,987

1,040,899

Solstice

Advanced

Materials,

Inc.

\*

(Chemicals)

778

35,042

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

ProFund

Common

Stocks,

continued

Shares

Value

Starbucks

Corp.

(Hotels,

Restaurants

&

Leisure)

5,575

$

450,850

Synopsys,

Inc.

\*

(Software)

909

412,522

Take-Two

Interactive

Software,

Inc.

\*

(Entertainment)

905

232,015

Tesla,

Inc.

\*

(Automobiles)

7,268

3,318,278

Texas

Instruments,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

4,460

720,112

The

Kraft

Heinz

Co.

(Food

Products)

5,805

143,558

The

Trade

Desk,

Inc.

\*

-

Class

A

(Media)

2,186

109,912

Thomson

Reuters

Corp.

(Professional

Services)

2,212

338,569

T-Mobile

U.S.,

Inc.

(Wireless

Telecommunication

Services)

5,520

1,159,476

Verisk

Analytics,

Inc.

(Professional

Services)

686

150,069

Vertex

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,259

535,793

Warner

Bros.

Discovery,

Inc.

\*

(Entertainment)

12,143

272,610

Workday,

Inc.

\*

-

Class

A

(Software)

1,064

255,275

Xcel

Energy,

Inc.

(Electric

Utilities)

2,901

235,474

Zscaler,

Inc.

\*

(Software)

763

252,660

TOTAL

COMMON

STOCKS

Common

Stocks,

continued

Shares

Value

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $41,157,160)

$

95,831,407

Repurchase

Agreements

(a)(b) (29.0%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$41,994,596

$

41,990,000

41,990,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$41,990,000)

41,990,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$83,147,160)— 95.3%

137,821,407

Net

other

assets

(liabilities) —

4.7%

6,779,601

NET

ASSETS

—

100.0%

$

144,601,008

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$3,510,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

ADR

American

Depositary

Receipt

Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

E-mini

Futures

Contracts

12/22/25

$

20,803,200

$

1,038,569

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Index

Goldman

Sachs

International

11/28/25

4.62%

$

15,782,510

$

(247,466)

Index

UBS

AG

11/28/25

4.67%

12,127,463

29,449

$27,909,973

$(218,017)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

281,909

0.2%

Automobiles

3,318,278

2.3%

Beverages

1,681,730

1.2%

Biotechnology

2,497,750

1.7%

Broadline

Retail

6,215,039

4.3%

Chemicals

997,550

0.7%

Commercial

Services

&

Supplies

566,461

0.4%

Communications

Equipment

1,420,089

1.0%

Consumer

Staples

Distribution

&

Retail

1,982,404

1.3%

Value

%

of

Net

Assets

Electric

Utilities

$

1,357,215

0.9%

Electronic

Equipment,

Instruments

&

Components

102,475

0.1%

Energy

Equipment

&

Services

234,062

0.2%

Entertainment

3,082,922

2.2%

Financial

Services

324,599

0.2%

Food

Products

508,199

0.4%

Ground

Transportation

474,176

0.3%

Health

Care

Equipment

&

Supplies

1,466,833

1.0%

Hotels,

Restaurants

&

Leisure

2,373,797

1.6%

Industrial

Conglomerates

626,942

0.4%

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

ProFund

Value

%

of

Net

Assets

Interactive

Media

&

Services

$

9,115,972

6.4%

IT

Services

1,215,447

0.8%

Machinery

253,380

0.2%

Media

769,396

0.5%

Oil,

Gas

&

Consumable

Fuels

203,187

0.1%

Pharmaceuticals

237,312

0.2%

Professional

Services

1,212,035

0.8%

Real

Estate

Management

&

Development

142,918

0.1%

Semiconductors

&

Semiconductor

Equipment

26,154,724

18.1%

Software

16,879,538

11.7%

Specialty

Retail

647,967

0.4%

Technology

Hardware,

Storage

&

Peripherals

7,999,978

5.5%

Textiles,

Apparel

&

Luxury

Goods

96,014

0.1%

Trading

Companies

&

Distributors

231,633

0.2%

Wireless

Telecommunication

Services

1,159,476

0.8%

Other

\*\*

48,769,601

33.7%

Total

$

144,601,008

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Oil

&

Gas

Equipment

&

Services

UltraSector

ProFund

Common

Stocks

(79.2%)

Shares

Value

Archrock,

Inc.

(Energy

Equipment

&

Services)

14,615

$

369,321

Atlas

Energy

Solutions,

Inc.

(a) (Energy

Equipment

&

Services)

16,583

205,298

Baker

Hughes

Co.

(Energy

Equipment

&

Services)

7,703

372,902

Bristow

Group,

Inc.

\*

(Energy

Equipment

&

Services)

1,981

80,627

Cactus,

Inc.

-

Class

A

(Energy

Equipment

&

Services)

8,303

366,744

Core

Laboratories,

Inc.

(Energy

Equipment

&

Services)

5,664

90,284

Expro

Group

Holdings

N.V.

\*

(Energy

Equipment

&

Services)

12,037

163,462

Halliburton

Co.

(Energy

Equipment

&

Services)

15,992

429,225

Helix

Energy

Solutions

Group,

Inc.

\*

(Energy

Equipment

&

Services)

20,134

135,300

Helmerich

&

Payne,

Inc.

(Energy

Equipment

&

Services)

17,326

454,981

Innovex

International,

Inc.

\*

(Energy

Equipment

&

Services)

4,930

98,945

Kodiak

Gas

Services,

Inc.

(Energy

Equipment

&

Services)

10,929

403,062

Liberty

Energy,

Inc.

(Energy

Equipment

&

Services)

32,922

596,218

Nabors

Industries,

Ltd.

\*

(Energy

Equipment

&

Services)

2,718

131,877

Noble

Corp.

PLC

\*

(Energy

Equipment

&

Services)

11,905

349,412

NOV,

Inc.

(Energy

Equipment

&

Services)

27,653

403,734

Oceaneering

International,

Inc.

\*

(Energy

Equipment

&

Services)

8,836

205,790

Patterson-UTI

Energy,

Inc.

(Energy

Equipment

&

Services)

66,074

414,284

ProPetro

Holding

Corp.

\*

(Energy

Equipment

&

Services)

16,531

171,592

RPC,

Inc.

(Energy

Equipment

&

Services)

17,991

93,553

Seadrill,

Ltd.

\*

(Energy

Equipment

&

Services)

10,486

330,938

Select

Energy

Services,

Inc.

-

Class

A

(Energy

Equipment

&

Services)

11,840

136,870

SLB

Ltd.

(Energy

Equipment

&

Services)

9,995

360,420

Solaris

Energy

Infrastructure,

Inc.

-

Class

A

(Energy

Equipment

&

Services)

8,874

472,363

TechnipFMC

PLC

(Energy

Equipment

&

Services)

8,839

365,493

TETRA

Technologies,

Inc.

\*

(Energy

Equipment

&

Services)

15,366

108,484

Tidewater,

Inc.

\*

(Energy

Equipment

&

Services)

6,024

304,754

Transocean,

Ltd.

(Energy

Equipment

&

Services)

111,552

428,360

Common

Stocks,

continued

Shares

Value

Valaris,

Ltd.

\*

(Energy

Equipment

&

Services)

6,861

$

385,039

Weatherford

International

PLC

(Energy

Equipment

&

Services)

5,664

417,380

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $5,114,492)

8,846,712

Repurchase

Agreements

(b)(c) (16.5%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$1,838,201

$

1,838,000

1,838,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$1,838,000)

1,838,000

Collateral

for

Securities

Loaned

(d) (1.4%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(e) 160,988

160,988

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $160,988)

160,988

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$7,113,480)— 97.1%

10,845,700

Net

other

assets

(liabilities) —

2.9%

322,802

NET

ASSETS

—

100.0%

$

11,168,502

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$159,442.

(b) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$1,355,000.

(c) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(d) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (e) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Oil

&

Gas

Equipment

&

Services

Select

Sector

Index

Goldman

Sachs

International

11/24/25

4.62%

$

3,660,146

$

90,319

S&P

Oil

&

Gas

Equipment

&

Services

Select

Sector

Index

UBS

AG

11/24/25

4.67%

4,240,988

93,940

$7,901,134

$184,259

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Oil

&

Gas

Equipment

&

Services

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Energy

Equipment

&

Services

$

8,846,712

79.2%

Value

%

of

Net

Assets

Other

\*\*

2,321,790

20.8%

Total

$

11,168,502

100.0%

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Oil

&

Gas

Equipment

&

Services

UltraSector

ProFund

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Pharmaceuticals

UltraSector

ProFund

Common

Stocks

(72.5%)

Shares

Value

ALT5

Sigma

Corporation

\*

(Pharmaceuticals)

2,049

$

5,163

Amneal

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

4,159

45,000

Amphastar

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

1,292

32,946

Amylyx

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

2,399

33,418

ANI

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

598

54,179

Arvinas,

Inc.

\*

(Pharmaceuticals)

3,634

36,849

Avadel

Pharmaceuticals

PLC

\*

(Pharmaceuticals)

2,889

54,573

Axsome

Therapeutics,

Inc.

\*

(Pharmaceuticals)

63,310

Bristol-Myers

Squibb

Co.

(Pharmaceuticals)

1,235

56,896

Collegium

Pharmaceutical,

Inc.

\*

(Pharmaceuticals)

850

30,600

Corcept

Therapeutics,

Inc.

\*

(Pharmaceuticals)

813

59,731

CorMedix,

Inc.

\*

(Pharmaceuticals)

4,036

44,921

Crinetics

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,664

72,384

Edgewise

Therapeutics,

Inc.

\*

(Pharmaceuticals)

2,087

38,150

Elanco

Animal

Health,

Inc.

\*

(Pharmaceuticals)

3,177

70,371

Eli

Lilly

&

Co.

(Pharmaceuticals)

66,440

Enliven

Therapeutics,

Inc.

\*

(Pharmaceuticals)

1,551

36,324

Esperion

Therapeutics,

Inc.

\*

(Pharmaceuticals)

7,609

22,599

Evolus,

Inc.

\*

(Pharmaceuticals)

3,367

21,751

EyePoint

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

1,666

21,808

Harmony

Biosciences

Holdings,

Inc.

\*

(Pharmaceuticals)

1,754

50,112

Harrow,

Inc.

\*

(Pharmaceuticals)

1,231

46,495

Innoviva,

Inc.

\*

(Pharmaceuticals)

2,789

50,760

Jazz

Pharmaceuticals

PLC

\*

(Pharmaceuticals)

63,177

Johnson

&

Johnson

(Pharmaceuticals)

62,516

LENZ

Therapeutics,

Inc.

\*

(Biotechnology)

887

26,362

Ligand

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

67,150

Liquidia

Corp.

\*

(Pharmaceuticals)

2,134

51,984

Merck

&

Co.,

Inc.

(Pharmaceuticals)

693

59,584

Mind

Medicine

MindMed,

Inc.

\*

(Pharmaceuticals)

3,414

48,479

Nektar

Therapeutics

\*

(Pharmaceuticals)

591

38,374

Nuvation

Bio,

Inc.

\*

(Pharmaceuticals)

10,747

56,099

Ocular

Therapeutix,

Inc.

\*

(Pharmaceuticals)

4,463

52,039

Organon

&

Co.

(Pharmaceuticals)

5,677

38,320

Pacira

BioSciences,

Inc.

\*

(Pharmaceuticals)

1,692

36,175

Perrigo

Co.

PLC

(Pharmaceuticals)

2,633

54,608

Pfizer,

Inc.

(Pharmaceuticals)

2,370

58,421

Common

Stocks,

continued

Shares

Value

Phathom

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

2,251

$

30,501

Phibro

Animal

Health

Corp.

-

Class

A

(Pharmaceuticals)

633

26,624

Prestige

Consumer

Healthcare,

Inc.

\*

(Pharmaceuticals)

895

54,237

Royalty

Pharma

PLC

-

Class

A

(Pharmaceuticals)

1,610

60,439

Supernus

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

1,260

69,464

Tarsus

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

1,072

73,763

Terns

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

2,257

18,643

Theravance

Biopharma,

Inc.

\*

(Pharmaceuticals)

541

7,931

Trevi

Therapeutics,

Inc.

\*

(Pharmaceuticals)

3,654

42,606

Viatris,

Inc.

(Pharmaceuticals)

5,688

58,928

WaVe

Life

Sciences,

Ltd.

\*

(Pharmaceuticals)

4,476

40,463

Xeris

Biopharma

Holdings,

Inc.

\*

(Pharmaceuticals)

4,689

45,483

Zevra

Therapeutics,

Inc.

\*

(Pharmaceuticals)

3,199

32,566

Zoetis,

Inc.

(Pharmaceuticals)

56,195

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,427,972)

2,345,911

Repurchase

Agreements

(a)(b) (16.9%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$546,060

$

546,000

546,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$546,000)

546,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$1,973,972)— 89.4%

2,891,911

Net

other

assets

(liabilities) —

10.6%

342,486

NET

ASSETS

—

100.0%

$

3,234,397

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$270,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Pharmaceuticals

Select

Industry

Index

Goldman

Sachs

International

11/24/25

4.62%

$

1,017,579

$

22,240

S&P

Pharmaceuticals

Select

Industry

Index

UBS

AG

11/24/25

4.67%

1,495,102

24,085

$2,512,681

$46,325

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Pharmaceuticals

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Biotechnology

$

98,746

3.1%

Value

%

of

Net

Assets

Pharmaceuticals

$

2,247,165

69.4%

Other

\*\*

888,486

27.5%

Total

$

3,234,397

100.0%

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Pharmaceuticals

UltraSector

ProFund

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Precious

Metals

UltraSector

ProFund

Common

Stocks

(80.1%)

Shares

Value

Agnico

Eagle

Mines,

Ltd.

(Metals

&

Mining)

50,116

$

8,059,154

Alamos

Gold,

Inc.

-

Class

A

(Metals

&

Mining)

41,905

1,290,255

Anglogold

Ashanti

PLC

(Metals

&

Mining)

42,259

2,873,612

Aris

Mining

Corp

\*

(Metals

&

Mining)

20,171

199,289

Avino

Silver

&

Gold

Mines

\*

(Metals

&

Mining)

14,126

65,686

B2Gold

Corp.

(Metals

&

Mining)

131,863

578,879

Barrick

Mining

Corp.

(Metals

&

Mining)

170,038

5,577,246

Centerra

Gold

Inc

(Metals

&

Mining)

20,267

237,732

Cia

De

Minas

Buenaventura

S.A.A

ADR

(Metals

&

Mining)

23,837

542,768

Coeur

Mining,

Inc.

\*

(Metals

&

Mining)

64,060

1,099,910

DRDGOLD

Ltd.

ADR

(Metals

&

Mining)

4,309

108,716

Eldorado

Gold

Corp.

\*

(Metals

&

Mining)

20,253

519,287

Endeavour

Silver

Corp.

\*

(Metals

&

Mining)

28,922

237,160

Equinox

Gold

Corp.

\*

(Metals

&

Mining)

75,742

830,890

First

Majestic

Silver

Corp.

\*

(Metals

&

Mining)

45,773

584,521

Fortuna

Mining

Corp.

\*

(Metals

&

Mining)

30,595

253,021

Franco-Nevada

Corp.

(Metals

&

Mining)

19,207

3,584,602

Gold

Fields,

Ltd.

ADR

(Metals

&

Mining)

89,208

3,426,479

Harmony

Gold

Mining

Co.,

Ltd.

\*ADR

(Metals

&

Mining)

54,410

898,309

Hecla

Mining

Co.

(Metals

&

Mining)

65,904

848,184

IAMGOLD

Corp.

\*

(Metals

&

Mining)

57,325

663,824

Kinross

Gold

Corp.

(Metals

&

Mining)

121,126

2,814,968

New

Gold,

Inc.

\*

(Metals

&

Mining)

78,910

579,199

Newmont

Corp.

(Metals

&

Mining)

109,483

8,864,840

NovaGold

Resources,

Inc.

\*

(Metals

&

Mining)

28,795

238,711

OR

Royalties,

Inc.

(Metals

&

Mining)

18,756

599,817

Orla

Mining

Ltd.

\*

(Metals

&

Mining)

25,297

261,065

Pan

American

Silver

Corp.

(Metals

&

Mining)

42,026

1,479,735

Perpetua

Resources

Corp.

\*

(Metals

&

Mining)

7,291

175,203

Royal

Gold,

Inc.

(Metals

&

Mining)

8,051

1,407,234

Common

Stocks,

continued

Shares

Value

Seabridge

Gold,

Inc.

\*

(Metals

&

Mining)

8,344

$

198,838

Sibanye

Stillwater,

Ltd.

ADR

(Metals

&

Mining)

70,531

744,808

Skeena

Resources

Ltd.

\*

(Metals

&

Mining)

11,440

185,214

SSR

Mining,

Inc.

(Metals

&

Mining)

20,211

455,960

Triple

Flag

Precious

Metals

Corp

(Metals

&

Mining)

6,998

194,264

Wheaton

Precious

Metals

Corp.

(Metals

&

Mining)

45,246

4,367,144

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $23,263,097)

55,046,524

Repurchase

Agreements

(a)(b) (22.4%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$15,371,682

$

15,370,000

15,370,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$15,370,000)

15,370,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$38,633,097)— 102.5%

70,416,524

Net

other

assets

(liabilities) —

(2.5)%

(1,690,101)

NET

ASSETS

—

100.0%

$

68,726,423

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$8,604,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

ADR

American

Depositary

Receipt

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Dow

Jones

Precious

Metals

Index

Goldman

Sachs

International

11/24/25

4.62%

$

24,310,577

$

(1,025,903)

Dow

Jones

Precious

Metals

Index

UBS

AG

11/24/25

4.67%

23,686,944

(1,478,456)

$47,997,521

$(2,504,359)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Precious

Metals

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Metals

&

Mining

$

55,046,524

80.1%

Other

\*\*

13,679,899

19.9%

Total

$

68,726,423

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Real

Estate

UltraSector

ProFund

Common

Stocks

(82.0%)

Shares

Value

Alexandria

Real

Estate

Equities,

Inc.

(Office

REITs)

$

23,637

American

Tower

Corp.

-

Class

A

(Specialized

REITs)

975

174,507

AvalonBay

Communities,

Inc.

(Residential

REITs)

64,524

Boston

Properties,

Inc.

(Office

REITs)

27,337

Camden

Property

Trust

(Residential

REITs)

27,755

CBRE

Group,

Inc.

\*

-

Class

A

(Real

Estate

Management

&

Development)

705

107,463

CoStar

Group,

Inc.

\*

(Real

Estate

Management

&

Development)

1,105

76,035

Crown

Castle

International

Corp.

(Specialized

REITs)

1,136

102,490

Digital

Realty

Trust,

Inc.

(Specialized

REITs)

667

113,663

Equinix,

Inc.

(Specialized

REITs)

172,586

Equity

Residential

(Residential

REITs)

906

53,853

Essex

Property

Trust,

Inc.

(Residential

REITs)

42,297

Extra

Space

Storage,

Inc.

(Specialized

REITs)

553

73,848

Federal

Realty

Investment

Trust

(Retail

REITs)

19,719

Healthpeak

Properties,

Inc.

(Health

Care

REITs)

1,813

32,543

Host

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

1,667

26,705

Invitation

Homes,

Inc.

(Residential

REITs)

1,471

41,409

Iron

Mountain,

Inc.

(Specialized

REITs)

770

79,272

Kimco

Realty

Corp.

(Retail

REITs)

1,766

36,486

Mid-America

Apartment

Communities,

Inc.

(Residential

REITs)

39,110

Prologis,

Inc.

(Industrial

REITs)

1,932

239,742

Public

Storage

(Specialized

REITs)

110,588

Realty

Income

Corp.

(Retail

REITs)

1,930

111,901

Regency

Centers

Corp.

(Retail

REITs)

29,373

SBA

Communications

Corp.

-

Class

A

(Specialized

REITs)

53,614

Simon

Property

Group,

Inc.

(Retail

REITs)

680

119,516

UDR,

Inc.

(Residential

REITs)

786

26,480

Common

Stocks,

continued

Shares

Value

Ventas,

Inc.

(Health

Care

REITs)

1,185

$

87,441

VICI

Properties,

Inc.

(Specialized

REITs)

2,781

83,402

Welltower,

Inc.

(Health

Care

REITs)

1,392

252,009

Weyerhaeuser

Co.

(Specialized

REITs)

1,881

43,263

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $912,243)

2,492,568

Repurchase

Agreements

(a)(b) (20.1%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$609,067

$

609,000

609,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$609,000)

609,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$1,521,243)— 102.1%

3,101,568

Net

other

assets

(liabilities) —

(2.1)%

(65,073)

NET

ASSETS

—

100.0%

$

3,036,495

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$403,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

REIT

Real

Estate

Investment

Trust

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Real

Estate

Select

Sector

Index

Goldman

Sachs

International

11/24/25

4.62%

$

871,406

$

(43,685)

S&P

Real

Estate

Select

Sector

Index

UBS

AG

11/24/25

4.67%

1,160,672

(47,008)

$2,032,078

$(90,693)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Real

Estate

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Health

Care

REITs

$

371,993

12.3%

Hotel

&

Resort

REITs

26,705

0.9%

Industrial

REITs

239,742

7.9%

Office

REITs

50,974

1.7%

Real

Estate

Management

&

Development

183,498

6.0%

Residential

REITs

295,428

9.7%

Retail

REITs

316,995

10.4%

Value

%

of

Net

Assets

Specialized

REITs

$

1,007,233

33.1%

Other

\*\*

543,927

18.0%

Total

$

3,036,495

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

REIT

Real

Estate

Investment

Trust

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Rising

Rates

Opportunity

ProFund

Repurchase

Agreements

(a)(b) (99.2%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$8,883,972

$

8,883,000

$

8,883,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$8,883,000)

8,883,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$8,883,000)— 99.2%

8,883,000

Net

other

assets

(liabilities) —

0.8%

73,895

NET

ASSETS

—

100.0%

$

8,956,895

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$419,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

30-Year

U.S.

Treasury

Bond,

4.75%,

due

8/15/55

Citibank

North

America

11/18/25

(4.08)%

$

(6,113,126)

$

82,221

30-Year

U.S.

Treasury

Bond,

4.75%,

due

8/15/55

Societe

Generale

11/18/25

(4.01)%

(5,089,152)

24,490

$(11,202,278)

$106,711

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Rising

Rates

Opportunity

ProFund

Repurchase

Agreements

(a)(b) (96.1%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$–

$

533,000

$

533,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$533,000)

533,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$533,000)— 96.1%

533,000

Net

other

assets

(liabilities) —

3.9%

21,803

NET

ASSETS

—

100.0%

$

554,803

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$64,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

10-Year

U.S.

Treasury

Note,

4.25%,

due

8/15/35

Citibank

North

America

11/18/25

(4.05)%

$

(91,943)

$

10-Year

U.S.

Treasury

Note,

4.25%,

due

8/15/35

Societe

Generale

11/18/25

(3.98)%

(459,714)

2,098

$(551,657)

$2,275

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Rising

U.S.

Dollar

ProFund

Repurchase

Agreements

(a)(b) (91.6%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$8,637,945

$

8,637,000

$

8,637,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$8,637,000)

8,637,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$9,129,461)— 96.8%

9,122,496

Net

other

assets

(liabilities) —

3.2%

310,814

NET

ASSETS

—

100.0%

$

9,433,310

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

forward

currency

contract

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$181,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

As

of

October

31,

2025,

the

Rising

U.S.

Dollar

ProFund's

forward

currency

contracts

with

Goldman

Sachs

International

were

as

follows:

Description

and

amount

of

currency

purchased

Description

and

amount

of

currency

sold

Delivery

Date

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Short:

U.S.

dollar

$

564,995

British

pound

422,254

11/14/25

$

554,648

$

10,347

U.S.

dollar

432,027

Canadian

dollar

601,608

11/14/25

429,294

2,733

U.S.

dollar

3,065,937

Euro

2,632,941

11/14/25

3,036,848

29,089

U.S.

dollar

306,851

Japanese

yen

46,805,449

11/14/25

304,187

2,664

U.S.

dollar

249,497

Swedish

krona

2,349,120

11/14/25

247,579

1,918

U.S.

dollar

294,970

Swiss

franc

235,348

11/14/25

292,985

1,985

Total

Short

Contracts

$

4,914,277

$

4,865,541

$48,736

As

of

October

31,

2025,

the

Rising

U.S.

Dollar

ProFund's

forward

currency

contracts

with

UBS

AG

were

as

follows:

Description

and

amount

of

currency

purchased

Description

and

amount

of

currency

sold

Delivery

Date

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Short:

U.S.

dollar

$

624,978

British

pound

465,926

11/14/25

$

612,013

$

12,965

U.S.

dollar

458,679

Canadian

dollar

638,809

11/14/25

455,839

2,840

U.S.

dollar

2,664,435

Euro

2,287,154

11/14/25

2,638,015

26,420

U.S.

dollar

1,042,713

Japanese

yen

158,456,883

11/14/25

1,029,807

12,906

U.S.

dollar

166,085

Swedish

krona

1,562,895

11/14/25

164,717

1,368

U.S.

dollar

62,494

Swiss

franc

49,797

11/14/25

61,992

502

Total

Short

Contracts

$

5,019,384

$

4,962,383

$57,001

Description

and

amount

of

currency

purchased

Description

and

amount

of

currency

sold

Delivery

Date

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Long:

British

pound

39,935

U.S.

dollar

$

53,531

11/14/25

$

52,456

$

(1,075)

Canadian

dollar

48,853

U.S.

dollar

34,866

11/14/25

34,860

(6) Euro

258,051

U.S.

dollar

301,704

11/14/25

297,637

(4,067)

Japanese

yen

9,301,064

U.S.

dollar

61,764

11/14/25

60,447

(1,317)

Swedish

krona

202,078

U.S.

dollar

21,517

11/14/25

21,297

(220) Swiss

franc

15,101

U.S.

dollar

19,079

11/14/25

18,799

(280) Total

Long

Contracts

$

492,461

$

485,496

$

(6,965)

Total

unrealized

appreciation

$105,737

Total

unrealized

(depreciation)

(6,965)

Total

net

unrealized

appreciation/(depreciation)

$98,772

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Semiconductor

UltraSector

ProFund

Common

Stocks

(44.7%)

Shares

Value

Advanced

Micro

Devices,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

47,617

$

12,195,666

Allegro

MicroSystems,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,638

108,849

Amkor

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

3,336

107,686

Analog

Devices,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

14,561

3,409,167

Applied

Materials,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

23,547

5,488,806

Astera

Labs

Inc

\*

(Semiconductors

&

Semiconductor

Equipment)

3,804

710,131

Broadcom,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

138,009

51,012,267

Cirrus

Logic,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,506

199,771

Credo

Technology

Group

Holding,

Ltd.

\*

(Semiconductors

&

Semiconductor

Equipment)

4,432

831,532

Enphase

Energy,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,836

117,036

Entegris,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

4,448

407,303

GLOBALFOUNDRIES,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,094

110,146

Intel

Corp.

(Semiconductors

&

Semiconductor

Equipment)

128,430

5,135,916

KLA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

3,872

4,680,241

Lam

Research

Corp.

(Semiconductors

&

Semiconductor

Equipment)

37,136

5,847,435

Lattice

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

4,017

293,080

MACOM

Technology

Solutions

Holdings,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,879

278,336

Marvell

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

25,299

2,371,528

Microchip

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

15,835

988,421

Micron

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

32,837

7,347,935

MKS

Instruments,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

1,971

283,252

Monolithic

Power

Systems,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

1,405

1,412,025

NVIDIA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

715,943

144,971,299

Common

Stocks,

continued

Shares

Value

NXP

Semiconductors

N.V.

(Semiconductors

&

Semiconductor

Equipment)

7,398

$

1,547,070

ON

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

12,000

600,960

Onto

Innovation,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,438

194,072

Qorvo,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

2,474

234,832

QUALCOMM,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

31,646

5,724,761

Rambus,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,157

324,666

Silicon

Laboratories,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

963

126,230

Skyworks

Solutions,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

4,355

338,471

Teradyne,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

4,668

848,456

Texas

Instruments,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

26,676

4,307,107

Universal

Display

Corp.

(Semiconductors

&

Semiconductor

Equipment)

1,297

191,022

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $55,298,739)

262,745,475

Repurchase

Agreements

(a)(b) (26.7%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$156,799,161

$

156,782,000

156,782,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$156,782,000)

156,782,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$212,080,739)— 71.4%

419,527,475

Net

other

assets

(liabilities) —

28.6%

168,090,867

NET

ASSETS

—

100.0%

$

587,618,342

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$83,829,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Dow

Jones

U.S.

Semiconductors

Index

Goldman

Sachs

International

11/24/25

4.62%

$

332,180,952

$

16,218,134

Dow

Jones

U.S.

Semiconductors

Index

UBS

AG

11/24/25

4.67%

283,563,264

17,261,771

$615,744,216

$33,479,905

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Semiconductor

UltraSector

ProFund

Semiconductor

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Semiconductors

&

Semiconductor

Equipment

$

262,745,475

44.7%

Other

\*\*

324,872,867

55.3%

Total

$

587,618,342

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Short

Energy

ProFund

Repurchase

Agreements

(a) (b) (122

.8

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$925,101

$

925,000

$

925,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$925,000)

925,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$925,000)— 122.8%

925,000

Net

other

assets

(liabilities)

—

(22

.8)

%

(171,612)

NET

ASSETS

—

100.0%

$

753,388

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$190,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Energy

Select

Sector

Index

Goldman

Sachs

International

11/24/25

(4.12)%

$

(316,233)

$

S&P

Energy

Select

Sector

Index

UBS

AG

11/24/25

(4.17)%

(433,082)

4,782

$(749,315)

$5,181

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Short

ProFund

Repurchase

Agreements

(a) (b) (88

.0

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$4,284,469

$

4,284,000

$

4,284,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$4,284,000)

4,284,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$4,284,000)— 88.0%

4,284,000

Net

other

assets

(liabilities)

—

.0

%

582,626

NET

ASSETS

—

100.0%

$

4,866,626

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$727,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Index

Goldman

Sachs

International

11/28/25

(4.37)%

$

(2,517,289)

$

(11,613)

Index

UBS

AG

11/28/25

(4.27)%

(2,327,232)

(1,670)

$(4,844,521)

$(13,283)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Short

Precious

Metals

ProFund

Repurchase

Agreements

(a) (b) (88

.4

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$10,941,197

$

10,940,000

$

10,940,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$10,940,000)

10,940,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$10,940,000)— 88.4%

10,940,000

Net

other

assets

(liabilities)

—

.6

%

1,435,112

NET

ASSETS

—

100.0%

$

12,375,112

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$2,304,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Dow

Jones

Precious

Metals

Index

Goldman

Sachs

International

11/24/25

(4.12)%

$

(7,189,252)

$

276,298

Dow

Jones

Precious

Metals

Index

UBS

AG

11/24/25

(4.17)%

(5,179,120)

135,924

$(12,368,372)

$412,222

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Short

Real

Estate

ProFund

Repurchase

Agreements

(a) (b) (105

.4

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$1,072,117

$

1,072,000

$

1,072,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$1,072,000)

1,072,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$1,072,000)— 105.4%

1,072,000

Net

other

assets

(liabilities)

—

(5

.4)

%

(55,023)

NET

ASSETS

—

100.0%

$

1,016,977

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$241,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Real

Estate

Select

Sector

Index

Goldman

Sachs

International

11/24/25

(4.12)%

$

(706,714)

$

16,908

S&P

Real

Estate

Select

Sector

Index

UBS

AG

11/24/25

(4.17)%

(309,726)

12,508

$(1,016,440)

$29,416

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Short

Small-Cap

ProFund

Repurchase

Agreements

(a) (b) (71

.4

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$980,107

$

980,000

$

980,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$980,000)

980,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$980,000)— 71.4%

980,000

Net

other

assets

(liabilities)

—

.6

%

391,926

NET

ASSETS

—

100.0%

$

1,371,926

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$184,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Russell

2000

Index

Goldman

Sachs

International

11/28/25

(4.02)%

$

(808,278)

$

10,779

Russell

2000

Index

UBS

AG

11/28/25

(4.17)%

(560,340)

9,431

$(1,368,618)

$20,210

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

Growth

ProFund

Common

Stocks

(99

.9

%)

Shares

Value

A10

Networks,

Inc.

\*

(Software)

$

3,996

ACADIA

Pharmaceuticals,

Inc.

\*

(Biotechnology)

10,238

Acadia

Realty

Trust

(Retail

REITs)

9,001

Acadian

Asset

Management,

Inc.

(Capital

Markets)

6,638

ACI

Worldwide,

Inc.

\*

(Software)

541

25,768

ACM

Research,

Inc.

\*

-

Class

A

(Semiconductors

&

Semiconductor

Equipment)

6,343

Acushnet

Holdings

Corp.

(Leisure

Products)

6,341

Addus

HomeCare

Corp.

\*

(Health

Care

Providers

&

Services)

7,013

Adeia,

Inc.

(Software)

3,544

ADMA

Biologics,

Inc.

\*

(Biotechnology)

1,249

19,335

Adtalem

Global

Education,

Inc.

\*

(Diversified

Consumer

Services)

18,526

Advanced

Energy

Industries,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

19,868

Agilysys,

Inc.

\*

(Software)

16,686

Alamo

Group,

Inc.

(Machinery)

4,468

Alarm.com

Holdings,

Inc.

\*

(Software)

7,777

Albany

International

Corp.

\*

(Machinery)

4,413

Alkermes

PLC

\*

(Biotechnology)

553

16,977

Alpha

and

Omega

Semiconductor,

Ltd.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,712

Alpha

Metallurgical

Resources,

Inc.

\*

(Metals

&

Mining)

6,411

American

Assets

Trust,

Inc.

(Equity

REIT

-

Diversified)

2,752

American

States

Water

Co.

(Water

Utilities)

7,131

Ameris

Bancorp

(Banks)

11,602

AMERISAFE,

Inc.

(Insurance)

1,844

Amphastar

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

2,984

ANI

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

8,335

Apogee

Enterprises,

Inc.

(Building

Products)

4,100

Apollo

Medical

Holdings,

Inc.

\*

(Health

Care

Providers

&

Services)

7,022

Apple

Hospitality

REIT,

Inc.

(Hotel

&

Resort

REITs)

562

6,289

Archrock,

Inc.

(Energy

Equipment

&

Services)

922

23,298

Arcosa,

Inc.

(Construction

&

Engineering)

16,830

Arcus

Biosciences,

Inc.

\*

(Biotechnology)

7,099

Arlo

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

5,957

Armada

Hoffler

Properties,

Inc.

(Equity

REIT

-

Diversified)

1,727

Armstrong

World

Industries,

Inc.

(Building

Products)

43,228

Arrowhead

Pharmaceuticals,

Inc.

\*

(Biotechnology)

11,996

Artisan

Partners

Asset

Management,

Inc.

-

Class

A

(Capital

Markets)

7,684

Artivion,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

9,845

Assured

Guaranty,

Ltd.

(Insurance)

9,267

Atlas

Energy

Solutions,

Inc.

\*(a)

(Energy

Equipment

&

Services)

4,915

Axcelis

Technologies,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

7,876

Axos

Financial,

Inc.

\*

(Banks)

23,005

Azenta,

Inc.

\*

(Life

Sciences

Tools

&

Services)

3,111

AZZ,

Inc.

(Building

Products)

15,776

Badger

Meter,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

27,970

Balchem

Corp.

(Chemicals)

26,076

BancFirst

Corp.

(Banks)

11,757

Bank

of

Hawaii

Corp.

(Banks)

6,298

BankUnited,

Inc.

(Banks)

7,214

Banner

Corp.

(Banks)

5,677

Benchmark

Electronics,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

4,557

BGC

Group,

Inc.

-

Class

A

(Capital

Markets)

1,047

9,570

BioLife

Solutions,

Inc.

\*

(Life

Sciences

Tools

&

Services)

5,657

BlackLine,

Inc.

\*

(Software)

15,629

Boot

Barn

Holdings,

Inc.

\*

(Specialty

Retail)

30,344

Common

Stocks,

continued

Shares

Value

Box,

Inc.

\*

-

Class

A

(Software)

760

$

24,388

Brady

Corp.

-

Class

A

(Commercial

Services

&

Supplies)

11,235

BrightSpring

Health

Services,

Inc.

\*

(Health

Care

Providers

&

Services)

5,949

Brinker

International,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

25,426

Cactus,

Inc.

-

Class

A

(Energy

Equipment

&

Services)

15,857

Calix,

Inc.

\*

(Communications

Equipment)

8,553

Cal-Maine

Foods,

Inc.

(Food

Products)

20,984

CareTrust

REIT,

Inc.

(Health

Care

REITs)

565

19,578

Cargurus,

Inc.

\*

(Interactive

Media

&

Services)

15,664

Cars.com,

Inc.

\*

(Interactive

Media

&

Services)

1,385

Catalyst

Pharmaceuticals,

Inc.

\*

(Biotechnology)

602

12,805

Cathay

General

Bancorp

(Banks)

8,181

Cavco

Industries,

Inc.

\*

(Household

Durables)

22,781

Centerspace

(Residential

REITs)

2,963

Central

Pacific

Financial

Corp.

(Banks)

2,480

Century

Aluminum

Co.

\*

(Metals

&

Mining)

8,294

CEVA,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,605

Champion

Homes,

Inc.

\*

(Household

Durables)

20,196

Chesapeake

Utilities

Corp.

\*

(Gas

Utilities)

9,164

Cinemark

Holdings,

Inc.

\*

(Entertainment)

535

14,450

City

Holding

Co.

(Banks)

9,077

Cleanspark,

Inc.

\*

(Software)

1,473

26,219

Clear

Secure,

Inc.

-

Class

A

(Software)

13,833

Cogent

Communications

Holdings,

Inc.

(Diversified

Telecommunication

Services)

10,271

Cohen

&

Steers,

Inc.

(Capital

Markets)

9,975

Collegium

Pharmaceutical,

Inc.

\*

(Pharmaceuticals)

5,904

Community

Financial

System,

Inc.

(Banks)

9,875

Comstock

Resources,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

3,919

Concentra

Group

Holdings

Parent,

Inc.

(Health

Care

Providers

&

Services)

5,060

Corcept

Therapeutics,

Inc.

\*

(Pharmaceuticals)

36,221

Core

Laboratories,

Inc.

(Energy

Equipment

&

Services)

1,817

Core

Natural

Resources,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

21,329

CoreCivic,

Inc.

\*

(Commercial

Services

&

Supplies)

5,448

CorVel

Corp.

\*

(Health

Care

Providers

&

Services)

12,202

CSG

Systems

International,

Inc.

(Professional

Services)

5,792

CSW

Industrials,

Inc.

(Building

Products)

22,538

CTS

Corp.

(Electronic

Equipment,

Instruments

&

Components)

3,902

Curbline

Properties

Corp.

(Retail

REITs)

506

11,668

CVB

Financial

Corp.

(Banks)

5,052

Dave

&

Buster's

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

2,042

DiamondRock

Hospitality

Co.

(Hotel

&

Resort

REITs)

1,070

8,367

Digi

International,

Inc.

\*

(Communications

Equipment)

4,145

DigitalOcean

Holdings,

Inc.

\*

(IT

Services)

14,557

DNOW,

Inc.

\*

(Trading

Companies

&

Distributors)

4,645

Donnelley

Financial

Solutions,

Inc.

\*

(Capital

Markets)

2,803

Dorman

Products,

Inc.

\*

(Automobile

Components)

19,851

DoubleVerify

Holdings,

Inc.

\*

(Software)

4,495

Douglas

Emmett,

Inc.

(Office

REITs)

506

6,548

Dream

Finders

Homes,

Inc.

\*

-

Class

A

(Household

Durables)

2,950

DXP

Enterprises,

Inc.

\*

(Trading

Companies

&

Distributors)

8,017

Dycom

Industries,

Inc.

\*

(Construction

&

Engineering)

43,744

Dynavax

Technologies

Corp.

\*

(Biotechnology)

2,134

Element

Solutions,

Inc.

(Chemicals)

547

14,616

Elme

Communities

(Residential

REITs)

4,408

Employers

Holdings,

Inc.

(Insurance)

2,478

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

Growth

ProFund

Common

Stocks,

continued

Shares

Value

Enact

Holdings,

Inc.

\*

(Financial

Services)

$

1,286

Energizer

Holdings,

Inc.

(Household

Products)

3,066

Enerpac

Tool

Group

Corp.

(Machinery)

11,614

Enova

International,

Inc.

\*

(Consumer

Finance)

15,663

Enpro,

Inc.

(Machinery)

16,009

ePlus,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

4,755

ESCO

Technologies,

Inc.

(Machinery)

29,848

Essential

Properties

Realty

Trust,

Inc.

(Equity

REIT

-

Diversified)

1,039

31,045

Etsy,

Inc.

\*

(Broadline

Retail)

15,748

EVERTEC,

Inc.

(Financial

Services)

6,206

Everus

Construction

Group,

Inc.

\*

(Construction

&

Engineering)

11,725

Extreme

Networks,

Inc.

\*

(Communications

Equipment)

6,258

FB

Financial

Corp.

(Banks)

5,401

Federal

Signal

Corp.

(Machinery)

37,652

First

Bancorp

(Banks)

510

9,940

First

Commonwealth

Financial

Corp.

\*

(Banks)

3,868

First

Financial

Bancorp

(Banks)

5,548

First

Hawaiian,

Inc.

(Banks)

6,893

FormFactor,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

9,946

Forward

Air

Corp.

\*

(Air

Freight

&

Logistics)

809

Four

Corners

Property

Trust,

Inc.

(Specialized

REITs)

6,950

Franklin

Electric

Co.,

Inc.

(Machinery)

11,562

Freshpet,

Inc.

\*

(Retail

-

Discretionary)

12,549

Frontdoor,

Inc.

\*

(Diversified

Consumer

Services)

25,376

Fulton

Financial

Corp.

(Banks)

7,764

Gates

Industrial

Corp.

PLC

\*

(Machinery)

890

19,651

Getty

Realty

Corp.

(Retail

REITs)

3,182

Glaukos

Corp.

\*

(Health

Care

Equipment

&

Supplies)

26,421

Gogo,

Inc.

\*

(Wireless

Telecommunication

Services)

1,593

Goosehead

Insurance,

Inc.

\*

-

Class

A

(Insurance)

9,133

Granite

Construction,

Inc.

(Construction

&

Engineering)

23,669

Green

Brick

Partners,

Inc.

\*

(Household

Durables)

10,358

Grid

Dynamics

Holdings,

Inc.

\*

(IT

Services)

2,073

Griffon

Corp.

(Building

Products)

15,172

Group

Automotive,

Inc.

(Specialty

Retail)

13,516

HA

Sustainable

Infrastructure

Capital,

Inc.

(Financial

Services)

9,699

Hanesbrands,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

978

6,465

Harmonic,

Inc.

\*

(Communications

Equipment)

3,210

Harmony

Biosciences

Holdings,

Inc.

\*

(Pharmaceuticals)

5,914

Hawkins,

Inc.

(Chemicals)

15,604

HCI

Group,

Inc.

\*

(Insurance)

11,629

HealthStream,

Inc.

\*

(Health

Care

Technology)

1,747

Hecla

Mining

Co.

(Metals

&

Mining)

969

12,471

Heidrick

&

Struggles

International,

Inc.

(Professional

Services)

3,444

Helix

Energy

Solutions

Group,

Inc.

\*

(Energy

Equipment

&

Services)

2,715

Helmerich

&

Payne,

Inc.

(Energy

Equipment

&

Services)

7,852

Highwoods

Properties,

Inc.

(Office

REITs)

9,877

HNI

Corp.

(Commercial

Services

&

Supplies)

5,033

ICU

Medical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

15,612

Impinj,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

27,696

Ingevity

Corp.

\*

(Chemicals)

5,318

Innospec,

Inc.

(Chemicals)

4,856

Innovative

Industrial

Properties,

Inc.

(Industrial

REITs)

5,015

Innoviva,

Inc.

\*

(Pharmaceuticals)

3,112

Inspire

Medical

Systems,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

10,235

Common

Stocks,

continued

Shares

Value

Installed

Building

Products,

Inc.

(Household

Durables)

$

29,788

Integer

Holdings

Corp.

\*

(Health

Care

Equipment

&

Supplies)

11,945

Inter

Parfums,

Inc.

(Personal

Care

Products)

8,737

InterDigital,

Inc.

(Software)

49,226

Interface,

Inc.

(Commercial

Services

&

Supplies)

7,595

International

Seaways,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

6,199

Itron,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

24,079

J

&

J

Snack

Foods

Corp.

(Food

Products)

3,894

John

Bean

Technologies

Corp.

(Machinery)

14,375

John

Wiley

&

Sons,

Inc.

-

Class

A

(Media)

4,609

Kadant,

Inc.

(Machinery)

17,153

KAR

Auction

Services,

Inc.

\*

(Commercial

Services

&

Supplies)

556

14,689

Kennedy-Wilson

Holdings,

Inc.

(Real

Estate

Management

&

Development)

1,716

Kinetik

Holdings,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

3,890

Kodiak

Gas

Services,

Inc.

(Energy

Equipment

&

Services)

12,687

Kontoor

Brands,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

21,687

Korn

Ferry

(Professional

Services)

10,999

Krystal

Biotech,

Inc.

\*

(Biotechnology)

26,861

Lakeland

Financial

Corp.

(Banks)

4,165

LeMaitre

Vascular,

Inc.

(Health

Care

Equipment

&

Supplies)

9,527

Liberty

Energy,

Inc.

(Energy

Equipment

&

Services)

8,403

Ligand

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

10,905

Lindsay

Corp.

(Machinery)

2,892

Liquidity

Services,

Inc.

\*

(Commercial

Services

&

Supplies)

2,945

LiveRamp

Holdings,

Inc.

\*

(Software)

4,839

LTC

Properties,

Inc.

(Health

Care

REITs)

3,894

Lumen

Technologies,

Inc.

\*

(Diversified

Telecommunication

Services)

2,520

25,905

M/I

Homes,

Inc.

\*

(Household

Durables)

9,264

Mack-Cali

Realty

Corp.

\*

(Residential

REITs)

2,614

Madison

Square

Garden

Sports

Corp.

\*

(Entertainment)

20,367

Magnolia

Oil

&

Gas

Corp.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

623

13,993

MARA

Holdings,

Inc.

\*

(Software)

1,942

35,480

Matson,

Inc.

(Marine

Transportation)

10,802

Mercury

General

Corp.

(Insurance)

10,822

Merit

Medical

Systems,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

27,138

MGE

Energy,

Inc.

(Electric

Utilities)

9,861

Middlesex

Water

Co.

(Water

Utilities)

2,816

Mirion

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,286

37,770

Mister

Car

Wash,

Inc.

\*

(Diversified

Consumer

Services)

1,325

Moelis

&

Co.

-

Class

A

(Capital

Markets)

12,476

Monarch

Casino

&

Resort,

Inc.

(Hotels,

Restaurants

&

Leisure)

5,945

Moog,

Inc.

-

Class

A

(Aerospace

&

Defense)

30,523

Mueller

Water

Products,

Inc.

-

Class

A

(Machinery)

820

21,041

MYR

Group,

Inc.

\*

(Construction

&

Engineering)

10,232

N-able,

Inc.

\*

(Software)

1,308

National

Bank

Holdings

Corp.

-

Class

A

(Banks)

3,209

National

Beverage

Corp.

\*

(Beverages)

2,193

National

HealthCare

Corp.

(Health

Care

Providers

&

Services)

5,136

NBT

Bancorp,

Inc.

(Banks)

4,816

NCR

Atleos

Corp.

\*

(Financial

Services)

6,199

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

Growth

ProFund

Common

Stocks,

continued

Shares

Value

NeoGenomics,

Inc.

\*

(Health

Care

Providers

&

Services)

$

2,931

NexPoint

Residential

Trust,

Inc.

(Residential

REITs)

3,435

NMI

Holdings,

Inc.

\*

-

Class

A

(Financial

Services)

14,827

Noble

Corp.

PLC

\*

(Energy

Equipment

&

Services)

12,151

Northern

Oil

and

Gas,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

508

11,242

Oceaneering

International,

Inc.

\*

(Energy

Equipment

&

Services)

524

12,204

OFG

Bancorp

(Banks)

5,296

OSI

Systems,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

23,391

Otter

Tail

Corp.

(Electric

Utilities)

7,722

Outfront

Media,

Inc.

\*

(Specialized

REITs)

762

13,480

Palomar

Holdings,

Inc.

\*

(Insurance)

16,075

Park

National

Corp.

(Banks)

7,610

Pathward

Financial,

Inc.

(Banks)

8,167

Patrick

Industries,

Inc.

(Automobile

Components)

8,871

Payoneer

Global,

Inc.

\*

(Financial

Services)

1,525

8,830

PDF

Solutions,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

4,865

Pebblebrook

Hotel

Trust

(Hotel

&

Resort

REITs)

3,211

Perdoceo

Education

Corp.

(Diversified

Consumer

Services)

5,336

Phibro

Animal

Health

Corp.

-

Class

A

(Pharmaceuticals)

4,416

Phillips

Edison

&

Co.,

Inc.

(Retail

REITs)

9,847

Phinia,

Inc.

(Automobile

Components)

5,399

Photronics,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,131

Piper

Sandler

Cos.

(Capital

Markets)

28,414

Pitney

Bowes,

Inc.

(Commercial

Services

&

Supplies)

3,814

PJT

Partners,

Inc.

-

Class

A

(Capital

Markets)

20,622

Plexus

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

13,710

Powell

Industries,

Inc.

(Electrical

Equipment)

19,169

Preferred

Bank

(Banks)

5,505

Prestige

Consumer

Healthcare,

Inc.

\*

(Pharmaceuticals)

9,393

Privia

Health

Group,

Inc.

\*

(Health

Care

Providers

&

Services)

10,109

PROG

Holdings,

Inc.

\*

(Consumer

Finance)

5,989

Progress

Software

Corp.

(Software)

9,637

Progyny,

Inc.

\*

(Health

Care

Providers

&

Services)

3,892

Protagonist

Therapeutics,

Inc.

\*

(Biotechnology)

24,058

Q2

Holdings,

Inc.

\*

(Software)

20,196

QuinStreet,

Inc.

\*

(Interactive

Media

&

Services)

4,363

Radian

Group,

Inc.

(Financial

Services)

10,827

RadNet,

Inc.

\*

(Health

Care

Providers

&

Services)

27,584

Reynolds

Consumer

Products,

Inc.

(Household

Products)

1,955

RPC,

Inc.

(Energy

Equipment

&

Services)

1,222

Rush

Enterprises,

Inc.

-

Class

A

(Trading

Companies

&

Distributors)

9,783

RXO,

Inc.

\*

(Ground

Transportation)

7,163

Ryman

Hospitality

Properties,

Inc.

(Hotel

&

Resort

REITs)

28,680

S&T

Bancorp,

Inc.

\*

(Banks)

3,847

Sabre

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

2,062

4,217

Sanmina

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

18,502

Sarepta

Therapeutics,

Inc.

\*

(Biotechnology)

511

12,269

Saul

Centers,

Inc.

(Retail

REITs)

977

Schrodinger,

Inc.

\*

(Health

Care

Technology)

3,240

Sealed

Air

Corp.

(Containers

&

Packaging)

10,053

SeaWorld

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

5,566

Semtech

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

30,876

Common

Stocks,

continued

Shares

Value

Sensient

Technologies

Corp.

(Chemicals)

$

11,126

ServisFirst

Bancshares,

Inc.

(Banks)

18,482

Shake

Shack,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

20,364

SiTime

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

33,310

Six

Flags

Entertainment

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

529

12,156

SkyWest,

Inc.

\*

(Passenger

Airlines)

21,201

SL

Green

Realty

Corp.

(Office

REITs)

13,402

SM

Energy

Co.

(Oil,

Gas

&

Consumable

Fuels)

6,267

SolarEdge

Technologies,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,263

Sprinklr,

Inc.

\*

-

Class

A

(Software)

1,830

SPS

Commerce,

Inc.

\*

(Software)

16,284

SPX

Technologies,

Inc.

\*

(Machinery)

57,988

STAAR

Surgical

Co.

\*

(Health

Care

Equipment

&

Supplies)

3,803

Standex

International

Corp.

(Machinery)

10,029

StepStone

Group,

Inc.

-

Class

A

(Capital

Markets)

13,089

Sterling

Infrastructure,

Inc.

\*

(Construction

&

Engineering)

60,086

Steven

Madden,

Ltd.

(Textiles,

Apparel

&

Luxury

Goods)

8,511

StoneX

Group,

Inc.

\*

(Capital

Markets)

11,950

Stride,

Inc.

\*

(Diversified

Consumer

Services)

15,309

Summit

Hotel

Properties,

Inc.

(Hotel

&

Resort

REITs)

1,372

Sunstone

Hotel

Investors,

Inc.

(Hotel

&

Resort

REITs)

991

8,770

Supernus

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

8,214

Sylvamo

Corp.

(Paper

&

Forest

Products)

7,146

Tandem

Diabetes

Care,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

4,928

Tanger,

Inc.

(Retail

REITs)

12,959

Teradata

Corp.

\*

(Software)

3,586

Terreno

Realty

Corp.

(Industrial

REITs)

15,139

TG

Therapeutics,

Inc.

\*

(Biotechnology)

712

24,763

The

Bancorp,

Inc.

\*

(Banks)

15,886

The

Buckle,

Inc.

(Specialty

Retail)

4,384

The

Cheesecake

Factory,

Inc.

(a) (Hotels,

Restaurants

&

Leisure)

7,868

The

Chefs'

Warehouse,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

11,210

The

GEO

Group,

Inc.

\*

(Commercial

Services

&

Supplies)

725

12,302

The

Greenbrier

Cos.,

Inc.

(Machinery)

6,683

The

Macerich

Co.

(Retail

REITs)

872

14,955

The

Simply

Good

Foods

Co.

\*

(Food

Products)

4,384

The

St.

Joe

Co.

(Real

Estate

Management

&

Development)

11,868

The

Wendy's

Co.

(Hotels,

Restaurants

&

Leisure)

3,134

Thryv

Holdings,

Inc.

\*

(Media)

586

Tidewater,

Inc.

\*

(Energy

Equipment

&

Services)

12,293

Tompkins

Financial

Corp.

\*

(Banks)

1,713

Tootsie

Roll

Industries,

Inc.

\*

(Food

Products)

2,082

TransMedics

Group,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

23,546

Tri

Pointe

Homes,

Inc.

\*

(Household

Durables)

7,485

Trinity

Industries,

Inc.

(Machinery)

11,578

TripAdvisor,

Inc.

\*

(Interactive

Media

&

Services)

6,504

Triumph

Financial,

Inc.

\*

(Banks)

3,976

Trupanion,

Inc.

\*

(Insurance)

6,998

TTM

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

18,950

U.S.

Physical

Therapy,

Inc.

(Health

Care

Providers

&

Services)

3,451

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

Growth

ProFund

Common

Stocks,

continued

Shares

Value

UFP

Technologies,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

$

8,091

UniFirst

Corp.

(Commercial

Services

&

Supplies)

5,557

Uniti

Group,

Inc.

\*

(Diversified

Telecommunication

Services)

2,529

Unitil

Corp.

(Multi-Utilities)

1,804

Universal

Health

Realty

Income

Trust

\*

(Health

Care

REITs)

1,299

Urban

Edge

Properties

(Retail

REITs)

7,596

Urban

Outfitters,

Inc.

\*

(Specialty

Retail)

8,270

Veracyte,

Inc.

\*

(Biotechnology)

14,937

Vericel

Corp.

\*

(Biotechnology)

9,256

Verra

Mobility

Corp.

\*

(Professional

Services)

836

19,403

Viad

Corp.

\*

(Commercial

Services

&

Supplies)

3,903

Viavi

Solutions,

Inc.

\*

(Communications

Equipment)

500

8,849

Vicor

Corp.

\*

(Electrical

Equipment)

6,170

Victory

Capital

Holdings,

Inc.

\*

-

Class

A

(Capital

Markets)

12,765

Virtu

Financial,

Inc.

-

Class

A

(Capital

Markets)

14,528

Virtus

Investment

Partners,

Inc.

(Capital

Markets)

2,279

Warrior

Met

Coal,

Inc.

(Metals

&

Mining)

18,723

Waystar

Holding

Corp.

\*

(Health

Care

Technology)

13,874

Co.

(Household

Products)

8,549

Westamerica

Bancorp

\*

(Banks)

3,526

Whitestone

REIT

(Retail

REITs)

1,430

WillScot

Mobile

Mini

Holdings

Corp.

\*

(Biotech

&

Pharma)

591

12,854

WisdomTree,

Inc.

(Capital

Markets)

627

7,499

Wolverine

World

Wide,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

6,583

WSFS

Financial

Corp.

(Banks)

7,084

Xencor,

Inc.

\*

(Biotechnology)

2,280

Xenia

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

6,138

XPEL,

Inc.

\*

(Automobile

Components)

4,433

Yelp,

Inc.

\*

(Interactive

Media

&

Services)

5,640

Zurn

Elkay

Water

Solutions

Corp.

(Building

Products)

782

36,840

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $2,494,419)

3,853,925

Collateral

for

Securities

Loaned

(b) (0

.3

%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(c) 12,024

12,024

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $12,024)

12,024

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$2,506,443)— 100.2%

3,865,949

Net

other

assets

(liabilities)

—

(0

.2)

%

(7,768)

NET

ASSETS

—

100.0%

$

3,858,181

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$11,914.

(b) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (c) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. REIT

Real

Estate

Investment

Trust

Small-Cap

Growth

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

30,523

0.8%

Air

Freight

&

Logistics

809

NM

Automobile

Components

38,554

1.0%

Banks

232,914

5.9%

Beverages

2,193

0.1%

Biotech

&

Pharma

12,854

0.3%

Biotechnology

195,008

5.1%

Broadline

Retail

15,748

0.4%

Building

Products

137,654

3.6%

Capital

Markets

160,292

4.2%

Chemicals

77,596

1.9%

Commercial

Services

&

Supplies

72,521

1.9%

Communications

Equipment

31,015

0.8%

Construction

&

Engineering

166,286

4.3%

Consumer

Finance

21,652

0.6%

Consumer

Staples

Distribution

&

Retail

11,210

0.3%

Containers

&

Packaging

10,053

0.3%

Diversified

Consumer

Services

65,872

1.7%

Diversified

Telecommunication

Services

38,705

1.1%

Electric

Utilities

17,583

0.5%

Electrical

Equipment

25,339

0.7%

Electronic

Equipment,

Instruments

&

Components

203,411

5.3%

Energy

Equipment

&

Services

115,414

3.0%

Entertainment

34,817

0.9%

Equity

REIT

-

Diversified

35,524

0.9%

Financial

Services

57,874

1.5%

Food

Products

31,344

0.7%

Gas

Utilities

9,164

0.2%

Ground

Transportation

7,163

0.2%

Health

Care

Equipment

&

Supplies

151,091

3.9%

Health

Care

Providers

&

Services

90,349

2.3%

Health

Care

REITs

24,771

0.6%

Health

Care

Technology

18,861

0.5%

Hotel

&

Resort

REITs

62,827

1.7%

Hotels,

Restaurants

&

Leisure

86,718

2.2%

Household

Durables

102,822

2.7%

Household

Products

13,570

0.4%

Industrial

REITs

20,154

0.5%

Insurance

68,246

1.8%

Interactive

Media

&

Services

33,556

0.9%

IT

Services

16,630

0.4%

Leisure

Products

6,341

0.2%

Life

Sciences

Tools

&

Services

8,768

0.2%

Machinery

276,956

7.2%

Marine

Transportation

10,802

0.3%

Media

5,195

0.1%

Metals

&

Mining

45,899

1.2%

Multi-Utilities

1,804

NM

Office

REITs

29,827

0.8%

Oil,

Gas

&

Consumable

Fuels

66,839

1.7%

Paper

&

Forest

Products

7,146

0.2%

Passenger

Airlines

21,201

0.5%

Personal

Care

Products

8,737

0.2%

Pharmaceuticals

95,398

2.5%

Professional

Services

39,638

1.0%

Real

Estate

Management

&

Development

13,584

0.4%

Residential

REITs

13,420

0.3%

Retail

-

Discretionary

12,549

0.3%

Retail

REITs

71,615

1.9%

Semiconductors

&

Semiconductor

Equipment

130,623

3.4%

Software

284,721

7.4%

Specialized

REITs

20,430

0.5%

Specialty

Retail

56,514

1.5%

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

Growth

ProFund

Value

%

of

Net

Assets

Textiles,

Apparel

&

Luxury

Goods

$

43,246

1.1%

Trading

Companies

&

Distributors

22,445

0.6%

Water

Utilities

9,947

0.3%

Wireless

Telecommunication

Services

1,593

NM

Other

\*\*

4,256

0.1%

Total

$

3,858,181

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

NM

Not

meaningful,

amount

is

less

than

0.05%

REIT

Real

Estate

Investment

Trust

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

ProFund

Common

Stocks

(63.2%)

Shares

Value

10X

Genomics

Inc

\*

-

Class

A

(Medical

Equipment

&

Devices)

$

1,569

1-800-Flowers.com,

Inc.

\*(a)

-

Class

A

(Specialty

Retail)

1st

Source

Corp.

(Banks)

1,189

3D

Systems

Corp.

\*

(Machinery)

4D

Molecular

Therapeutics,

Inc.

\*

(Biotechnology)

8x8,

Inc.

\*

(Software)

908

Devices,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

A10

Networks,

Inc.

(Software)

1,374

AAR

Corp.

\*

(Aerospace

&

Defense)

3,200

Aardvark

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

Abacus

Life

Inc

\*

(Insurance)

Abeona

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

Abercrombie

&

Fitch

Co.

\*

-

Class

A

(Specialty

Retail)

3,628

ABM

Industries,

Inc.

(Commercial

Services

&

Supplies)

2,838

Absci

Corp.

\*

(Biotechnology)

603

Acacia

Research

Corp.

\*

(Financial

Services)

Academy

Sports

&

Outdoors,

Inc.

(Specialty

Retail)

3,400

ACADIA

Pharmaceuticals,

Inc.

\*

(Biotechnology)

3,019

Acadia

Realty

Trust

(Retail

REITs)

2,689

Acadian

Asset

Management,

Inc.

(Capital

Markets)

1,395

Accel

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

591

ACCO

Brands

Corp.

(Commercial

Services

&

Supplies)

Accuray,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

ACI

Worldwide,

Inc.

\*

(Software)

5,382

Aclaris

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

ACM

Research,

Inc.

\*

-

Class

A

(Semiconductors

&

Semiconductor

Equipment)

2,239

Acme

United

Corp.

(Wholesale

-

Discretionary)

ACNB

Corp.

(Banks)

ACRES

Commercial

Realty

Corp.

\*

(Specialty

Finance)

Actuate

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

Acuren

Corp.

\*

(Asset

Management)

2,220

Acushnet

Holdings

Corp.

(Leisure

Products)

2,320

ACV

Auctions,

Inc.

\*

-

Class

A

(Commercial

Services

&

Supplies)

1,633

Adamas

Trust,

Inc.

(Mortgage

REITs)

607

AdaptHealth

Corp.

\*

(Health

Care

Providers

&

Services)

980

Adaptive

Biotechnologies

Corp.

\*

(Life

Sciences

Tools

&

Services)

2,779

ADC

Therapeutics

SA

\*

(Biotechnology)

Addus

HomeCare

Corp.

\*

(Health

Care

Providers

&

Services)

2,221

Adeia,

Inc.

(Software)

1,977

Adient

PLC

\*

(Automobile

Components)

2,087

ADMA

Biologics,

Inc.

\*

(Biotechnology)

3,839

Adtalem

Global

Education,

Inc.

\*

(Diversified

Consumer

Services)

3,725

ADTRAN

Holdings,

Inc.

(Communications

Equipment)

834

Advance

Auto

Parts,

Inc.

(Specialty

Retail)

3,016

Advanced

Energy

Industries,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

8,110

AdvanSix,

Inc.

(Chemicals)

521

Advantage

Solutions,

Inc.

\*

(Media)

Aebi

Schmidt

Holding

AG

\*

(Machinery)

Aehr

Test

Systems

\*

(Semiconductors

&

Semiconductor

Equipment)

780

Aeluma,

Inc.

\*

(Semiconductors)

AeroVironment,

Inc.

\*

(Aerospace

&

Defense)

12,576

AerSale

Corp.

\*

(Aerospace

&

Defense)

Aeva

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

539

AFC

Gamma,

Inc.

(Mortgage

REITs)

AG

Mortgage

Investment

Trust,

Inc.

(Mortgage

REITs)

agilon

health,

Inc.

\*

(Health

Care

Providers

&

Services)

Common

Stocks,

continued

Shares

Value

Agilysys,

Inc.

\*

(Software)

$

3,513

Agios

Pharmaceuticals,

Inc.

\*

(Biotechnology)

2,594

AirJoule

Technologies

Corp.

\*

(Electrical

Equipment)

AIRO

Group

Holdings,

Inc.

\*

(Aerospace

&

Defense)

AirSculpt

Technologies,

Inc.

\*

(Health

Care

Providers

&

Services)

Airship

AI

Holdings,

Inc.

\*

(Software)

Akebia

Therapeutics,

Inc.

\*

(Biotechnology)

590

Akero

Therapeutics,

Inc.

(Biotechnology)

4,065

Alamo

Group,

Inc.

(Machinery)

1,966

Alarm.com

Holdings,

Inc.

\*

(Software)

2,510

Albany

International

Corp.

(Machinery)

1,811

Aldeyra

Therapeutics,

Inc.

\*

(Biotechnology)

Alector,

Inc.

\*

(Biotechnology)

Alerus

Financial

Corp.

(Financial

Services)

528

Alexander

&

Baldwin,

Inc.

(Equity

REIT

-

Diversified)

1,246

Alexander's,

Inc.

(Retail

REITs)

Alico,

Inc.

(Food

Products)

Alight,

Inc.

\*

-

Class

A

(Professional

Services)

1,331

Alignment

Healthcare,

Inc.

\*

(Health

Care

Providers

&

Services)

2,630

Alkami

Technology,

Inc.

\*

(Software)

1,481

Alkermes

PLC

\*

(Biotechnology)

5,342

Allegiant

Travel

Co.

(Passenger

Airlines)

933

ALLETE,

Inc.

(Electric

Utilities)

4,242

Allied

Motion

Technologies,

Inc.

(Electrical

Equipment)

820

Allogene

Therapeutics,

Inc.

\*

(Biotechnology)

Alpha

and

Omega

Semiconductor,

Ltd.

\*

(Semiconductors

&

Semiconductor

Equipment)

758

Alpha

Metallurgical

Resources,

Inc.

(Metals

&

Mining)

2,252

Alpha

Teknova,

Inc.

\*

(Biotech

&

Pharma)

Alphatec

Holdings,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

2,355

Alpine

Income

Property

Trust,

Inc.

(Equity

REIT

-

Diversified)

Alta

Equipment

Group,

Inc.

(Trading

Companies

&

Distributors)

AlTi

Global,

Inc.

\*

(Capital

Markets)

Altice

USA,

Inc.

\*

-

Class

A

(Cable

&

Satellite)

624

Altimmune,

Inc.

\*

(Biotechnology)

Alumis,

Inc.

\*

(Pharmaceuticals)

Amalgamated

Financial

Corp.

(Banks)

682

A-Mark

Precious

Metals,

Inc.

(Distributors)

532

Ambac

Financial

Group,

Inc.

\*

(Insurance)

Ambarella,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,750

Ambiq

Micro,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

AMC

Entertainment

Holdings,

Inc.

\*

(Entertainment)

1,207

AMC

Networks,

Inc.

\*

-

Class

A

(Media)

Amerant

Bancorp,

Inc.

(Banks)

671

Ameresco,

Inc.

\*

-

Class

A

(Construction

&

Engineering)

1,344

American

Assets

Trust,

Inc.

(Equity

REIT

-

Diversified)

1,070

American

Axle

&

Manufacturing

Holdings,

Inc.

\*

(Automobile

Components)

769

American

Battery

Technology

Co.

\*

(Metals

&

Mining)

American

Eagle

Outfitters,

Inc.

(Specialty

Retail)

2,908

American

Healthcare

REIT,

Inc.

(Health

Care

REITs)

7,704

American

Integrity

Insurance

Group,

Inc.

\*

(Insurance)

American

Outdoor

Brands

Inc.

\*

(Leisure

Products)

American

Public

Education,

Inc.

\*

(Diversified

Consumer

Services)

636

American

Reality

Investors,

Inc.

\*

(Real

Estate

Management

&

Development)

American

States

Water

Co.

(Water

Utilities)

2,924

American

Superconductor

Corp.

\*

(Electrical

Equipment)

2,784

American

Vanguard

Corp.

(Chemicals)

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

American

Woodmark

Corp.

\*

(Building

Products)

$

956

America's

Car-Mart,

Inc.

\*

(Specialty

Retail)

Ameris

Bancorp

(Banks)

5,085

AMERISAFE,

Inc.

(Insurance)

802

Ames

National

Corp.

(Banks)

Amicus

Therapeutics,

Inc.

\*

(Biotechnology)

2,691

AMMO,

Inc.

\*

(Leisure

Products)

AMN

Healthcare

Services,

Inc.

\*

(Health

Care

Providers

&

Services)

807

Amneal

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

1,742

Amphastar

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

1,020

Amplitude,

Inc.

\*

-

Class

A

(Software)

965

Amprius

Technologies,

Inc.

\*

(Electrical

Equipment)

1,409

Amylyx

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

1,031

AnaptysBio,

Inc.

\*

(Biotechnology)

768

Anavex

Life

Sciences

Corp.

\*(a)

(Biotechnology)

709

Angel

Oak

Mortgage

REIT,

Inc.

(Mortgage

REITs)

Angi,

Inc.

\*

(Interactive

Media

&

Services)

584

AngioDynamics,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

505

ANI

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

1,721

Anika

Therapeutics,

Inc.

\*

(Biotechnology)

Annexon,

Inc.

\*

(Biotechnology)

Anteris

Technologies

Global

Corp.

\*

(Medical

Equipment

&

Devices)

Anterix,

Inc.

\*

(Diversified

Telecommunication

Services)

Anywhere

Real

Estate,

Inc.

\*

(Real

Estate

Management

&

Development)

1,136

Apartment

Investment

and

Management

Co.

\*

(Residential

REITs)

750

Apogee

Enterprises,

Inc.

(Building

Products)

842

Apogee

Therapeutics,

Inc.

\*

(Biotechnology)

1,981

Apollo

Commercial

Real

Estate

Finance,

Inc.

(Mortgage

REITs)

1,469

Apollo

Medical

Holdings,

Inc.

\*

(Health

Care

Providers

&

Services)

1,373

Appian

Corp.

\*

-

Class

A

(Software)

1,257

Apple

Hospitality

REIT,

Inc.

(Hotel

&

Resort

REITs)

2,686

Applied

Digital

Corp.

\*

(IT

Services)

7,938

Applied

Optoelectronics,

Inc.

\*

(Communications

Equipment)

2,062

Aquestive

Therapeutics,

Inc.

\*

(Pharmaceuticals)

627

Arbor

Realty

Trust,

Inc.

(a) (Mortgage

REITs)

2,057

Arbutus

Biopharma

Corp.

\*

(Biotechnology)

766

ArcBest

Corp.

(Ground

Transportation)

1,785

Arcellx,

Inc.

\*

(Biotechnology)

3,339

Archer

Aviation,

Inc.

\*

-

Class

A

(Aerospace

&

Defense)

589

6,608

Archrock,

Inc.

(Energy

Equipment

&

Services)

4,474

Arcosa,

Inc.

(Construction

&

Engineering)

5,304

Arcturus

Therapeutics

Holdings,

Inc.

\*

(Biotechnology)

Arcus

Biosciences,

Inc.

\*

(Biotechnology)

1,459

Arcutis

Biotherapeutics,

Inc.

\*

(Biotechnology)

2,911

Ardagh

Metal

Packaging

SA

(Containers

&

Packaging)

532

Ardelyx,

Inc.

\*

(Biotechnology)

1,527

Ardent

Health

Partners,

Inc.

\*

(Health

Care

Providers

&

Services)

Ardmore

Shipping

Corp.

(Oil,

Gas

&

Consumable

Fuels)

Ares

Commercial

Real

Estate

Corp.

(Mortgage

REITs)

Argan,

Inc.

(Construction

&

Engineering)

4,287

Arhaus,

Inc.

(Specialty

Retail)

551

Arko

Corp.

(Specialty

Retail)

Arlo

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

2,050

Armada

Hoffler

Properties,

Inc.

(Equity

REIT

-

Diversified)

562

Common

Stocks,

continued

Shares

Value

ARMOUR

Residential

REIT,

Inc.

(Mortgage

REITs)

$

1,930

Arq,

Inc.

\*

(Chemicals)

Array

Technologies,

Inc.

\*

(Electrical

Equipment)

1,412

Arrive

AI,

Inc.

\*

(Air

Freight

&

Logistics)

ArriVent

Biopharma,

Inc.

\*(a)

(Biotechnology)

Arrow

Financial

Corp.

(Banks)

502

Arrowhead

Pharmaceuticals,

Inc.

\*

(Biotechnology)

5,468

ARS

Pharmaceuticals,

Inc.

\*

(Biotechnology)

564

Arteris,

Inc.

\*

(Software)

Artisan

Partners

Asset

Management,

Inc.

-

Class

A

(Capital

Markets)

2,925

Artivion,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,860

Arvinas,

Inc.

\*

(Pharmaceuticals)

710

Asana,

Inc.

\*

-

Class

A

(Software)

1,307

Asbury

Automotive

Group,

Inc.

\*

(Specialty

Retail)

4,927

Ascent

Industries

Co.

\*

(Steel)

ASGN,

Inc.

\*

(IT

Services)

2,059

ASP

Isotopes,

Inc.

\*

(Chemicals)

831

Aspen

Aerogels,

Inc.

\*

(Chemicals)

578

Aspen

Insurance

Holdings

Ltd.

\*

(Insurance)

625

Associated

Banc-Corp.

(Banks)

4,409

Astec

Industries,

Inc.

(Machinery)

1,117

Astria

Therapeutics,

Inc.

(Biotechnology)

Astronics

Corp.

\*

(Aerospace

&

Defense)

1,574

Asure

Software,

Inc.

\*

(Professional

Services)

Atea

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

Ategrity

Specialty

Holdings,

LLC

\*

(Insurance)

Atkore,

Inc.

(Electrical

Equipment)

2,493

Atlanta

Braves

Holdings,

Inc.

\*

(Entertainment)

1,995

Atlanta

Braves

Holdings,

Inc.

\*

-

Series

A

(Entertainment)

Atlantic

International

Corp.

\*

(Biotech

&

Pharma)

Atlantic

Union

Bankshares

Corp.

(Banks)

4,976

Atlanticus

Holdings

Corp.

\*

(Consumer

Finance)

Atlas

Energy

Solutions,

Inc.

(a) (Energy

Equipment

&

Services)

1,028

Atmus

Filtration

Technologies,

Inc.

(Machinery)

4,048

ATN

International,

Inc.

(Diversified

Telecommunication

Services)

Atomera,

Inc.

\*

(Semiconductors)

AtriCure,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,797

aTyr

Pharma,

Inc.

\*

(Biotechnology)

AudioEye,

Inc.

\*

(Software)

Aura

Biosciences,

Inc.

\*

(Biotechnology)

Aurinia

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,646

Avadel

Pharmaceuticals

PLC

\*

(Pharmaceuticals)

1,813

Avanos

Medical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

533

Aveanna

Healthcare

Holdings,

Inc.

\*

(Health

Care

Providers

&

Services)

AvePoint,

Inc.

\*

(Software)

1,998

Aviat

Networks,

Inc.

\*

(Communications

Equipment)

Avidity

Biosciences,

Inc.

\*

(Biotechnology)

7,614

Avient

Corp.

(Chemicals)

3,143

Avista

Corp.

(Multi-Utilities)

3,272

Avita

Medical,

Inc.

\*(a)

(Biotechnology)

Axcelis

Technologies,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

2,705

Axogen,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,044

Axos

Financial,

Inc.

\*

(Banks)

4,523

Axsome

Therapeutics,

Inc.

\*

(Pharmaceuticals)

5,804

Azenta,

Inc.

\*

(Life

Sciences

Tools

&

Services)

1,329

AZZ,

Inc.

(Building

Products)

3,195

B&G

Foods,

Inc.

(Food

Products)

Backblaze,

Inc.

\*

-

Class

A

(IT

Services)

588

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Badger

Meter,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

$

5,774

Bakkt

Holdings,

Inc.

\*

(Institutional

Financial

Services)

Balchem

Corp.

(Chemicals)

5,368

Bally's

Corp.

\*

(Leisure

Facilities

&

Services)

Banc

of

California,

Inc.

(Banks)

2,325

BancFirst

Corp.

(Banks)

2,395

Banco

Latinoamericano

de

Comercio

Exterior

S.A.

-

Class

E

(Financial

Services)

1,333

Bandwidth,

Inc.

\*

-

Class

A

(Diversified

Telecommunication

Services)

Bank

First

Corp.

(Banks)

1,221

Bank

of

Hawaii

Corp.

(Banks)

2,727

Bank

of

Marin

Bancorp

(Banks)

Bank7

Corp.

(Banks)

BankFinancial

Corp.

\*

(Banking)

BankUnited,

Inc.

(Banks)

3,246

Bankwell

Financial

Group,

Inc.

(Banks)

Banner

Corp.

(Banks)

2,174

Bar

Harbor

Bankshares

(Banks)

BARK,

Inc.

\*

(Specialty

Retail)

Barnes

&

Noble

Education,

Inc.

\*

(Retail

-

Discretionary)

Barrett

Business

Services,

Inc.

(Professional

Services)

1,093

Bassett

Furniture

Industries,

Inc.

\*

(Retail

-

Discretionary)

BayCom

Corp.

(Banks)

BCB

Bancorp,

Inc.

(Banks)

Beacon

Financial

Corporation

(Banks)

2,166

Beam

Therapeutics,

Inc.

\*

(Biotechnology)

2,551

Beazer

Homes

USA,

Inc.

\*

(Household

Durables)

672

Bed

Bath

&

Beyond,

Inc.

\*

(Specialty

Retail)

Bel

Fuse,

Inc.

-

Class

A

(Electronic

Equipment,

Instruments

&

Components)

Bel

Fuse,

Inc.

-

Class

B

(Electronic

Equipment,

Instruments

&

Components)

1,694

Belden,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

5,118

Benchmark

Electronics,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

1,665

Benitec

Biopharma,

Inc.

\*

(Biotech

&

Pharma)

Berry

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

Beta

Bionics,

Inc.

\*

(Biotechnology)

1,116

Better

Home

&

Finance

Holding

Co.

\*

(Specialty

Finance)

Beyond

Meat,

Inc.

\*

(Food

Products)

BGC

Group,

Inc.

-

Class

A

(Capital

Markets)

3,546

Bicara

Therapeutics,

Inc.

\*

(Biotechnology)

601

BigBear.ai

Holdings,

Inc.

\*

(IT

Services)

2,145

BigCommerce

Holdings,

Inc.

\*

-

Class

(IT

Services)

Biglari

Holdings,

Inc.

\*

-

Class

B

(Hotels,

Restaurants

&

Leisure)

BioAge

Labs,

Inc.

\*

(Pharmaceuticals)

BioCryst

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,640

Biohaven,

Ltd.

\*

(Biotechnology)

1,668

BioLife

Solutions,

Inc.

\*

(Life

Sciences

Tools

&

Services)

1,143

Biote

Corp.

\*

-

Class

A

(Pharmaceuticals)

Bioventus,

Inc.

\*

-

Class

A

(Health

Care

Equipment

&

Supplies)

Bit

Digital,

Inc.

\*

(Software)

1,244

Bitdeer

Technologies

Group

\*

(Technology

Services)

2,131

BJ's

Restaurants,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

747

BK

Technologies

Corp

\*

(Technology

Hardware)

BKV

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

Black

Hills

Corp.

(Multi-Utilities)

4,948

Blackbaud,

Inc.

\*

(Software)

2,626

BlackLine,

Inc.

\*

(Software)

3,206

Common

Stocks,

continued

Shares

Value

BlackSky

Technology,

Inc.

\*

(Professional

Services)

$

697

Blackstone

Mortgage

Trust,

Inc.

-

Class

A

(Mortgage

REITs)

3,215

Blaize

Holdings,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

Blend

Labs,

Inc.

\*

-

Class

A

(Software)

745

Bloom

Energy

Corp.

\*

-

Class

A

(Electrical

Equipment)

30,396

Bloomin'

Brands,

Inc.

(Hotels,

Restaurants

&

Leisure)

615

Blue

Bird

Corp.

\*

(Machinery)

1,699

Blue

Foundry

Bancorp

\*

(Banks)

Blue

Ridge

Bankshares,

Inc.

\*

(Banking)

BlueLinx

Holdings,

Inc.

\*

(Trading

Companies

&

Distributors)

524

Bluerock

Homes

Trust,

Inc.

(Residential

REITs)

—

(b) 1

Boise

Cascade

Co.

(Trading

Companies

&

Distributors)

2,820

Boot

Barn

Holdings,

Inc.

\*

(Specialty

Retail)

6,259

Borr

Drilling,

Ltd.

(Energy

Equipment

&

Services)

822

Boston

Omaha

Corp.

\*

-

Class

A

(Media)

Bowhead

Specialty

Holdings,

Inc.

\*

(Insurance)

Bowman

Consulting

Group,

Ltd.

\*

(Construction

&

Engineering)

649

Box,

Inc.

\*

-

Class

A

(Software)

4,814

Braemar

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

Brandywine

Realty

Trust

(Office

REITs)

631

Braze,

Inc.

\*

-

Class

A

(Software)

2,436

BRC,

Inc.

\*

-

Class

A

(Food

Products)

Bread

Financial

Holdings,

Inc.

(Consumer

Finance)

3,133

Bridgebio

Pharma,

Inc.

\*

(Biotechnology)

10,461

Bridgewater

Bancshares,

Inc.

\*

(Banks)

Bright

Minds

Biosciences,

Inc.

\*

(Biotech

&

Pharma)

BrightSpire

Capital,

Inc.

(Mortgage

REITs)

712

BrightSpring

Health

Services,

Inc.

\*

(Health

Care

Providers

&

Services)

3,801

BrightView

Holdings,

Inc.

\*

(Commercial

Services

&

Supplies)

949

Brinker

International,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

5,108

Bristow

Group,

Inc.

\*

(Energy

Equipment

&

Services)

1,221

Broadstone

Net

Lease,

Inc.

(Equity

REIT

-

Diversified)

3,638

Brookdale

Senior

Living,

Inc.

\*

(Health

Care

Providers

&

Services)

2,280

Brookfield

Business

Corp.

-

Class

A

(Industrial

Conglomerates)

912

Brookfield

Infrastructure

Corp.

-

Class

A

(Gas

&

Water

Utilities)

5,845

BRT

Apartments

Corp.

(Residential

REITs)

Build-A-Bear

Workshop,

Inc.

(Specialty

Retail)

705

Bumble,

Inc.

\*

-

Class

A

(Interactive

Media

&

Services)

Burford

Capital,

Ltd.

(Financial

Services)

2,139

Burke

&

Herbert

Financial

Services

Corp.

(Banks)

824

Business

First

Bancshares,

Inc.

(Banks)

736

Butterfly

Network,

Inc.

\*

(Medical

Equipment

&

Devices)

551

BV

Financial,

Inc.

\*

(Banking)

Byline

Bancorp,

Inc.

(Banks)

909

Byrna

Technologies,

Inc.

\*

(Aerospace

&

Defense)

C&F

Financial

Corp.

\*

(Banking)

C3.ai,

Inc.

\*

-

Class

A

(Software)

2,303

Cable

One,

Inc.

(Media)

891

Cabot

Corp.

(Chemicals)

3,913

Cactus,

Inc.

-

Class

A

(Energy

Equipment

&

Services)

3,224

Cadence

Bank

(Banks)

7,548

Cadiz,

Inc.

\*

(Water

Utilities)

Cadre

Holdings,

Inc.

(Aerospace

&

Defense)

1,274

Calavo

Growers,

Inc.

(Food

Products)

Caledonia

Mining

Corp.

PLC

(Metals

&

Mining)

506

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Caleres,

Inc.

(Specialty

Retail)

$

California

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

3,443

California

Water

Service

Group

(Water

Utilities)

2,840

Calix,

Inc.

\*

(Communications

Equipment)

4,310

Cal-Maine

Foods,

Inc.

(Food

Products)

4,302

Calumet,

Inc.

\*

(Chemicals)

1,447

Camden

National

Corp.

(Banks)

687

Camping

World

Holdings,

Inc.

-

Class

A

(Specialty

Retail)

842

Candel

Therapeutics,

Inc.

\*(a)

(Biotechnology)

Cannae

Holdings,

Inc.

(Financial

Services)

1,109

Cantaloupe,

Inc.

\*

(Financial

Services)

665

Capital

Bancorp,

Inc.

(Banks)

Capital

City

Bank

Group,

Inc.

(Banks)

584

Capitol

Federal

Financial,

Inc.

(Banks)

797

Capri

Holdings,

Ltd.

\*

(Textiles,

Apparel

&

Luxury

Goods)

2,594

Capricor

Therapeutics,

Inc.

\*

(Biotechnology)

CapsoVision,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Cardiff

Oncology,

Inc.

\*

(Biotechnology)

CareDx,

Inc.

\*

(Biotechnology)

870

CareTrust

REIT,

Inc.

(Health

Care

REITs)

7,901

Cargurus,

Inc.

\*

(Interactive

Media

&

Services)

3,090

Carlsmed,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Carriage

Services,

Inc.

(Diversified

Consumer

Services)

671

Cars.com,

Inc.

\*

(Interactive

Media

&

Services)

666

Carter

Bankshares,

Inc.

\*

(Banks)

Carter's,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

1,193

Cartesian

Therapeutics,

Inc.

\*(a)

(Biotechnology)

Casella

Waste

Systems,

Inc.

\*

(Commercial

Services

&

Supplies)

5,933

Cass

Information

Systems,

Inc.

(Financial

Services)

514

Castle

Biosciences,

Inc.

\*

(Health

Care

Providers

&

Services)

765

Catalyst

Pharmaceuticals,

Inc.

\*

(Biotechnology)

2,637

Cathay

General

Bancorp

(Banks)

3,272

Cavco

Industries,

Inc.

\*

(Household

Durables)

4,238

CB

Financial

Services,

Inc.

\*

(Banking)

CBIZ,

Inc.

\*

(Professional

Services)

2,915

CBL

&

Associates

Properties,

Inc.

(Retail

REITs)

591

CECO

Environmental

Corp.

\*

(Commercial

Services

&

Supplies)

1,516

Celcuity,

Inc.

\*

(Biotechnology)

2,469

Celldex

Therapeutics,

Inc.

\*

(Biotechnology)

1,871

Centerspace

(Residential

REITs)

1,067

Central

Garden

&

Pet

Co.

\*

(Household

Products)

Central

Garden

&

Pet

Co.

\*

-

Class

A

(Household

Products)

1,502

Central

Pacific

Financial

Corp.

(Banks)

798

Centrus

Energy

Corp.

\*(a)

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

6,247

Centuri

Holdings,

Inc.

\*

(Construction

&

Engineering)

1,514

Century

Aluminum

Co.

\*

(Metals

&

Mining)

1,688

Century

Communities,

Inc.

(Household

Durables)

1,663

Cerence,

Inc.

\*

(Software)

CeriBell,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Cerus

Corp.

\*

(Health

Care

Equipment

&

Supplies)

CEVA,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

680

CF

Bankshares,

Inc.

\*

(Banking)

CG

Oncology,

Inc.

\*

(Biotechnology)

2,596

Chain

Bridge

Bancorp

Inc

\*

(Banking)

Champion

Homes,

Inc.

\*

(Household

Durables)

4,162

Chart

Industries,

Inc.

\*

(Machinery)

9,582

Common

Stocks,

continued

Shares

Value

Chatham

Lodging

Trust

(Hotel

&

Resort

REITs)

$

Chemung

Financial

Corp.

(Banks)

Chesapeake

Utilities

Corp.

(Gas

Utilities)

3,055

Chicago

Atlantic

Real

Estate

Finance,

Inc.

(Mortgage

REITs)

Chimera

Investment

Corp.

(Mortgage

REITs)

1,085

ChoiceOne

Financial

Services,

Inc.

(Banks)

ChromaDex

Corp.

\*

(Life

Sciences

Tools

&

Services)

Cidara

Therapeutics,

Inc.

\*

(Biotechnology)

1,857

Cimpress

PLC

\*

(Commercial

Services

&

Supplies)

1,107

Cinemark

Holdings,

Inc.

\*

(Entertainment)

2,999

Cipher

Mining,

Inc.

\*

(Software)

5,297

Citi

Trends,

Inc.

\*

(Specialty

Retail)

Citizens

&

Northern

Corp.

(Banks)

Citizens

Community

Bancorp,

Inc./WI

\*

(Banking)

Citizens

Financial

Services,

Inc.

(Banks)

CITIZENS,

INC.

\*

(Insurance)

City

Holding

Co.

(Banks)

1,768

City

Office

REIT,

Inc.

(Office

REITs)

Civista

Bancshares,

Inc.

(Banks)

Claritev

Corp.

\*

(Technology

Services)

521

Claros

Mortgage

Trust,

Inc.

(Mortgage

REITs)

Clarus

Corp.

(Leisure

Products)

Clean

Energy

Fuels

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

532

Cleanspark,

Inc.

\*

(Software)

5,287

Clear

Secure,

Inc.

-

Class

A

(Software)

2,742

Clearfield,

Inc.

\*

(Communications

Equipment)

ClearPoint

Neuro,

Inc.

\*

(Medical

Equipment

&

Devices)

650

Clearwater

Analytics

Holdings,

Inc.

\*

-

Class

A

(Software)

4,860

Clearwater

Paper

Corp.

\*

(Paper

&

Forest

Products)

Climb

Global

Solutions,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

Clipper

Realty,

Inc.

(Residential

REITs)

Clover

Health

Investments

Corp.

\*

(Health

Care

Facilities

&

Services)

1,524

CNB

Financial

Corp.

(Banks)

763

CNO

Financial

Group,

Inc.

(Insurance)

4,122

CNX

Resources

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

4,948

Coastal

Financial

Corp.

\*

(Banks)

1,491

CoastalSouth

Bancshares,

Inc.

\*

(Banks)

Codexis,

Inc.

\*

(Life

Sciences

Tools

&

Services)

Coeur

Mining,

Inc.

\*

(Metals

&

Mining)

685

11,762

Cogent

Biosciences,

Inc.

\*

(Biotechnology)

2,266

Cogent

Communications

Holdings,

Inc.

(Diversified

Telecommunication

Services)

1,980

Cohen

&

Steers,

Inc.

(Capital

Markets)

2,050

Coherus

Biosciences,

Inc.

\*(a)

(Biotechnology)

Cohu,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,166

Collegium

Pharmaceutical,

Inc.

\*

(Pharmaceuticals)

1,224

Colony

Bankcorp,

Inc.

(Banks)

Columbia

Financial,

Inc.

\*

(Banks)

Columbus

McKinnon

Corp.

(Machinery)

Commercial

Metals

Co.

(Metals

&

Mining)

7,183

CommScope

Holding

Co.,

Inc.

\*

(Communications

Equipment)

3,944

Community

Financial

System,

Inc.

(Banks)

3,162

Community

Health

Systems,

Inc.

\*

(Health

Care

Providers

&

Services)

539

Community

Healthcare

Trust,

Inc.

(Health

Care

REITs)

Community

Trust

Bancorp,

Inc.

(Banks)

870

Community

West

Bancshares

(Banks)

CommVault

Systems,

Inc.

\*

(Software)

6,683

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Compass

Diversified

Holdings

(Financial

Services)

$

Compass

Minerals

International,

Inc.

(Metals

&

Mining)

642

Compass

Therapeutics,

Inc.

\*

(Biotechnology)

Compass,

Inc.

\*

-

Class

A

(Real

Estate

Management

&

Development)

500

3,854

Complete

Solaria

Inc

\*(a)

(Renewable

Energy)

CompoSecure,

Inc.

-

Class

A

(Technology

Hardware,

Storage

&

Peripherals)

933

Computer

Programs

&

Systems,

Inc.

\*

(Software)

CompX

International,

Inc.

(Commercial

Services

&

Supplies)

Comstock

Resources,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,481

Concentra

Group

Holdings

Parent,

Inc.

(Health

Care

Providers

&

Services)

2,490

Concrete

Pumping

Holdings,

Inc.

\*

(Construction

&

Engineering)

Conduent,

Inc.

\*

(Professional

Services)

CONMED

Corp.

(Health

Care

Equipment

&

Supplies)

1,452

ConnectOne

Bancorp,

Inc.

(Banks)

1,227

Consensus

Cloud

Solutions,

Inc.

\*

(Software)

616

Consolidated

Water

Co.,

Ltd.

(Water

Utilities)

544

Constellium

SE

\*

(Metals

&

Mining)

2,391

Construction

Partners,

Inc.

\*

-

Class

A

(Construction

&

Engineering)

5,718

Consumer

Portfolio

Services,

Inc.

\*

(Consumer

Finance)

Contango

ORE,

Inc.

\*

(Metals

&

Mining)

Cooper-Standard

Holdings,

Inc.

\*

(Automobile

Components)

544

COPT

Defense

Properties

(Office

REITs)

3,437

Core

Laboratories,

Inc.

(Energy

Equipment

&

Services)

797

Core

Molding

Technologies,

Inc.

\*

(Chemicals)

Core

Natural

Resources,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

4,424

Core

Scientific,

Inc.

\*

(IT

Services)

6,549

CoreCivic,

Inc.

\*

(Commercial

Services

&

Supplies)

2,131

CorMedix,

Inc.

\*(a)

(Pharmaceuticals)

835

Corsair

Gaming,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

CorVel

Corp.

\*

(Health

Care

Providers

&

Services)

2,292

Corvus

Pharmaceuticals,

Inc.

\*

(Biotech

&

Pharma)

507

Costamare

Bulkers

Holdings

Ltd.

\*

(Marine

Transportation)

Costamare,

Inc.

(Marine

Transportation)

574

Coursera,

Inc.

\*

(Diversified

Consumer

Services)

1,246

Covenant

Logistics

Group,

Inc.

-

Class

A

(Ground

Transportation)

CPI

Card

Group,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

CRA

International,

Inc.

(Professional

Services)

1,333

Cracker

Barrel

Old

Country

Store,

Inc.

(a) (Hotels,

Restaurants

&

Leisure)

809

Crawford

&

Co.

-

Class

A

(Insurance)

Credo

Technology

Group

Holding,

Ltd.

\*

(Semiconductors

&

Semiconductor

Equipment)

29,831

Crescent

Energy

Co.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

1,610

Crexendo,

Inc.

\*

(Technology

Services)

Cricut,

Inc.

-

Class

A

(Household

Durables)

Crinetics

Pharmaceuticals,

Inc.

\*

(Biotechnology)

4,220

CRISPR

Therapeutics

AG

\*

(Biotechnology)

5,695

Critical

Metals

Corp.

\*

(Metals

&

Mining)

Cross

Country

Healthcare,

Inc.

\*

(Health

Care

Providers

&

Services)

CryoPort,

Inc.

\*

(Life

Sciences

Tools

&

Services)

Common

Stocks,

continued

Shares

Value

CS

Disco,

Inc.

\*

(Software)

$

CSG

Systems

International,

Inc.

(Professional

Services)

2,348

CSP,

Inc.

\*

(Technology

Services)

CSW

Industrials,

Inc.

(Building

Products)

4,257

CTO

Realty

Growth,

Inc.

(Equity

REIT

-

Diversified)

550

CTS

Corp.

(Electronic

Equipment,

Instruments

&

Components)

1,287

Cullinan

Therapeutics,

Inc.

\*

(Biotechnology)

Curbline

Properties

Corp.

(Retail

REITs)

2,398

CuriosityStream,

Inc.

\*

(Entertainment

Content)

Cushman

&

Wakefield

PLC

\*

(Real

Estate

Management

&

Development)

3,893

Custom

Truck

One

Source,

Inc.

\*

(Trading

Companies

&

Distributors)

Customers

Bancorp,

Inc.

\*

(Banks)

2,148

CVB

Financial

Corp.

(Banks)

2,609

CVR

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,174

CVRx,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Cytek

Biosciences,

Inc.

\*

(Life

Sciences

Tools

&

Services)

Cytokinetics,

Inc.

\*

(Biotechnology)

7,949

Daily

Journal

Corp.

\*

(Software)

Dakota

Gold

Corp.

\*

(Metals

&

Mining)

Daktronics,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

770

Dana,

Inc.

(Automobile

Components)

2,883

Dave

&

Buster's

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

Dave,

Inc.

\*

(Software)

2,393

Day

One

Biopharmaceuticals,

Inc.

\*

(Biotechnology)

573

Definitive

Healthcare

Corp.

\*

(Health

Care

Technology)

Delcath

Systems

Inc

\*

(Medical

Equipment

&

Devices)

Delek

US

Holdings,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

2,417

Deluxe

Corp.

(Commercial

Services

&

Supplies)

851

Denali

Therapeutics,

Inc.

\*

(Biotechnology)

2,312

Denny's

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

Designer

Brands,

Inc.

-

Class

A

(Specialty

Retail)

DHT

Holdings,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,806

DiaMedica

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

Diamond

Hill

Investment

Group,

Inc.

(Capital

Markets)

DiamondRock

Hospitality

Co.

(Hotel

&

Resort

REITs)

1,728

Dianthus

Therapeutics,

Inc.

\*

(Biotechnology)

630

Diebold

Nixdorf,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

1,597

Digi

International,

Inc.

\*

(Communications

Equipment)

1,431

Digimarc

Corp.

\*

(Software)

Digital

Turbine,

Inc.

\*

(Software)

699

DigitalBridge

Group,

Inc.

(Real

Estate

Management

&

Development)

2,165

DigitalOcean

Holdings,

Inc.

\*

(IT

Services)

2,968

Dime

Community

Bancshares,

Inc.

(Banks)

1,129

Dine

Brands

Global,

Inc.

(Hotels,

Restaurants

&

Leisure)

Diodes,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

2,615

Disc

Medicine,

Inc.

\*

(Biotechnology)

2,156

Diversified

Energy

Co.

PLC

(Oil,

Gas

&

Consumable

Fuels)

784

Diversified

Healthcare

Trust

(Health

Care

REITs)

1,001

DMC

Global,

Inc.

\*

(Energy

Equipment

&

Services)

DNOW,

Inc.

\*

(Trading

Companies

&

Distributors)

1,632

DocGo,

Inc.

\*

(Health

Care

Providers

&

Services)

Dole

PLC

(Food

Products)

956

Domo,

Inc.

\*

-

Class

B

(Software)

Donegal

Group,

Inc.

-

Class

A

(Insurance)

Donnelley

Financial

Solutions,

Inc.

\*

(Capital

Markets)

1,287

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Dorian

LPG,

Ltd.

(Oil,

Gas

&

Consumable

Fuels)

$

1,154

Dorman

Products,

Inc.

\*

(Automobile

Components)

4,023

Douglas

Dynamics,

Inc.

(Machinery)

726

Douglas

Elliman,

Inc.

\*

(Real

Estate

Services)

Douglas

Emmett,

Inc.

(Office

REITs)

2,239

Dream

Finders

Homes,

Inc.

\*

-

Class

A

(Household

Durables)

634

Driven

Brands

Holdings,

Inc.

\*

(Commercial

Services

&

Supplies)

918

Ducommun,

Inc.

\*

(Aerospace

&

Defense)

1,376

D-Wave

Quantum,

Inc.

\*

(Software)

12,266

DXP

Enterprises,

Inc.

\*

(Trading

Companies

&

Distributors)

1,675

Dycom

Industries,

Inc.

\*

(Construction

&

Engineering)

8,633

Dynavax

Technologies

Corp.

\*

(Biotechnology)

1,129

Dyne

Therapeutics,

Inc.

\*

(Biotechnology)

2,642

Dynex

Capital,

Inc.

(Mortgage

REITs)

1,840

Eagle

Bancorp

Montana,

Inc.

\*

(Banking)

Eagle

Bancorp,

Inc.

(Banks)

503

Eagle

Financial

Services,

Inc.

\*

(Banking)

Easterly

Government

Properties,

Inc.

(Office

REITs)

951

Eastern

Bankshares,

Inc.

(Banks)

3,681

Eastman

Kodak

Co.

\*

(Technology

Hardware,

Storage

&

Peripherals)

ECB

BanCorp.,

Inc./MD

\*

(Banking)

EchoStar

Corp.

\*

-

Class

A

(Media)

10,857

Ecovyst,

Inc.

\*

(Chemicals)

1,024

Edgewell

Personal

Care

Co.

(Personal

Care

Products)

951

Edgewise

Therapeutics,

Inc.

\*

(Pharmaceuticals)

1,316

Editas

Medicine,

Inc.

\*

(Biotechnology)

eGain

Corp.

\*

(Software)

eHealth,

Inc.

\*

(Insurance)

El

Pollo

Loco

Holdings,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

ELECTROMED,

INC.

\*

(Medical

Equipment

&

Devices)

Eledon

Pharmaceuticals,

Inc.

\*

(Biotech

&

Pharma)

Elevra

Lithium

Ltd.

\*ADR

(Metals

&

Mining)

Ellington

Financial,

Inc.

(Mortgage

REITs)

1,319

Elme

Communities

(Residential

REITs)

1,546

Embecta

Corp.

(Health

Care

Equipment

&

Supplies)

840

Emerald

Holding,

Inc.

\*

(Media)

Emergent

BioSolutions,

Inc.

\*

(Biotechnology)

724

Empire

Petroleum

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

Empire

State

Realty

Trust,

Inc.

(Equity

REIT

-

Diversified)

1,094

Employers

Holdings,

Inc.

(Insurance)

991

Enact

Holdings,

Inc.

(Financial

Services)

1,107

Enanta

Pharmaceuticals,

Inc.

\*

(Biotechnology)

Encore

Capital

Group,

Inc.

\*

(Consumer

Finance)

998

Encore

Energy

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

609

Energizer

Holdings,

Inc.

(Household

Products)

1,649

Energy

Fuels,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

4,717

Energy

Recovery,

Inc.

\*

(Machinery)

975

Energy

Services

of

America

Corp.

\*

(Engineering

&

Construction)

Enerpac

Tool

Group

Corp.

(Machinery)

2,380

EnerSys

(Electrical

Equipment)

5,173

Enhabit,

Inc.

\*

(Health

Care

Providers

&

Services)

Enliven

Therapeutics,

Inc.

\*

(Pharmaceuticals)

1,054

Ennis,

Inc.

(Commercial

Services

&

Supplies)

Enova

International,

Inc.

\*

(Consumer

Finance)

3,109

Enovis

Corp.

\*

(Health

Care

Equipment

&

Supplies)

1,906

Enovix

Corp.

\*

(Electrical

Equipment)

2,110

Enpro,

Inc.

(Machinery)

5,336

Common

Stocks,

continued

Shares

Value

Enterprise

Financial

Services

Corp.

(Banks)

$

2,042

Entrada

Therapeutics,

Inc.

\*

(Biotechnology)

Entravision

Communications

Corp.

-

Class

A

(Media)

Envela

Corp.

\*

(Renewable

Energy)

Enviri

Corp.

\*

(Commercial

Services

&

Supplies)

989

Eos

Energy

Enterprises,

Inc.

\*

(Renewable

Energy)

4,361

ePlus,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

2,048

Epsilon

Energy

Ltd.

\*

(Oil

&

Gas

Producers)

Equity

Bancshares,

Inc.

-

Class

A

(Banks)

608

Erasca,

Inc.

\*

(Biotechnology)

Ermenegildo

Zegna

NV

\*

(Apparel

&

Textile

Products)

673

Escalade,

Inc.

(Leisure

Products)

ESCO

Technologies,

Inc.

(Machinery)

6,145

Esperion

Therapeutics,

Inc.

\*

(Pharmaceuticals)

636

Esquire

Financial

Holdings,

Inc.

(Banks)

750

Essent

Group,

Ltd.

(Financial

Services)

6,300

Essential

Properties

Realty

Trust,

Inc.

(Equity

REIT

-

Diversified)

6,363

Ethan

Allen

Interiors,

Inc.

(Household

Durables)

604

Eton

Pharmaceuticals,

Inc.

\*

(Biotech

&

Pharma)

European

Wax

Center,

Inc.

\*

-

Class

A

(Diversified

Consumer

Services)

Eve

Holding,

Inc.

\*

(Aerospace

&

Defense)

Eventbrite,

Inc.

\*

-

Class

A

(Entertainment)

EverCommerce,

Inc.

\*

(Software)

EverQuote,

Inc.

\*

-

Class

A

(Interactive

Media

&

Services)

646

EVERTEC,

Inc.

(Financial

Services)

1,964

EVgo,

Inc.

\*

(Specialty

Retail)

563

EVI

Industries,

Inc.

(Trading

Companies

&

Distributors)

Evolent

Health,

Inc.

\*

-

Class

A

(Health

Care

Technology)

840

Evolus,

Inc.

\*

(Pharmaceuticals)

Evolution

Petroleum

Corp.

(Oil,

Gas

&

Consumable

Fuels)

Evolv

Technologies

Holdings,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

960

Excelerate

Energy,

Inc.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

648

eXp

World

Holdings,

Inc.

(Real

Estate

Management

&

Development)

963

Expensify,

Inc.

\*

(Software)

Exponent,

Inc.

(Professional

Services)

3,823

Expro

Group

Holdings

N.V.

\*

(Energy

Equipment

&

Services)

1,494

Extreme

Networks,

Inc.

\*

(Communications

Equipment)

2,682

EyePoint

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

825

F&G

Annuities

&

Life,

Inc.

(Insurance)

682

Fabrinet

\*

(Electronic

Equipment,

Instruments

&

Components)

17,183

Faraday

Future

Intelligent

Electric,

Inc.

\*

(Software)

Farmers

&

Merchants

Bancorp,

Inc.

(Banks)

Farmers

National

Banc

Corp.

(Banks)

506

Farmland

Partners,

Inc.

(Specialized

REITs)

Fastly,

Inc.

\*

-

Class

A

(IT

Services)

1,219

Fate

Therapeutics,

Inc.

\*

(Biotechnology)

FB

BanCorp,

Inc.

\*

(Banking)

FB

Financial

Corp.

(Banks)

2,376

Federal

Agricultural

Mortgage

Corp.

-

Class

C

(Financial

Services)

1,586

Federal

Signal

Corp.

(Machinery)

7,554

Fennec

Pharmaceuticals,

Inc.

\*

(Biotechnology)

Ferroglobe

PLC

\*

(Metals

&

Mining)

621

Fidelis

Insurance

Holdings,

Ltd.

(Insurance)

1,115

Fidelity

D&D

Bancorp,

Inc.

(Banks)

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Figs,

Inc.

\*

-

Class

A

(Textiles,

Apparel

&

Luxury

Goods)

$

709

Finance

Of

America

Cos,

Inc.

\*

(Specialty

Finance)

Financial

Institutions,

Inc.

(Banks)

597

Finward

BanCorp.

\*

(Banking)

Finwise

BanCorp.

\*

(Banking)

First

Advantage

Corp.

(Professional

Services)

1,074

First

Bancorp

(Banks)

3,372

First

Bancorp

(Banks)

2,087

First

Bank/Hamilton

NJ

(Banks)

First

Busey

Corp.

(Banks)

2,057

First

Business

Financial

Services,

Inc.

(Banks)

First

Capital,

Inc.

\*

(Banking)

First

Commonwealth

Financial

Corp.

(Banks)

1,712

First

Community

Bancshares,

Inc.

(Banks)

550

First

Community

Corp./SC

\*

(Banking)

First

Financial

Bancorp

(Banks)

2,388

First

Financial

Bankshares,

Inc.

(Banks)

4,448

First

Financial

Corp.

(Banks)

640

First

Foundation,

Inc.

(Banks)

First

Internet

Bancorp

(Banks)

First

Interstate

BancSystem,

Inc.

-

Class

A

(Banks)

3,000

First

Merchants

Corp.

(Banks)

2,200

First

Mid

Bancshares,

Inc.

(Banks)

822

First

National

Corp.

\*

(Banking)

First

Savings

Financial

Group,

Inc.

\*

(Banking)

First

United

Corp.

\*

(Banking)

First

Watch

Restaurant

Group,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

808

First

Western

Financial,

Inc.

\*

(Banks)

FirstCash

Holdings,

Inc.

(Consumer

Finance)

6,656

Firstsun

Capital

BanCorp.

\*

(Banking)

FitLife

Brands,

Inc.

\*

(Biotech

&

Pharma)

Five

Star

Bancorp

(Banks)

604

Five9,

Inc.

\*

(Software)

1,991

FLEX

LNG,

Ltd.

(Oil,

Gas

&

Consumable

Fuels)

857

Flexsteel

Industries,

Inc.

(Household

Durables)

Flotek

Industries

Inc

\*

(Oil

&

Gas

Services

&

Equipment)

Flowco

Holdings,

Inc.

\*

-

Class

A

(Oil

&

Gas

Services

&

Equipment)

Fluence

Energy,

Inc.

\*

(Electrical

Equipment)

1,701

Fluor

Corp.

\*

(Construction

&

Engineering)

8,584

Flushing

Financial

Corp.

(Banks)

flyExclusive,

Inc.

\*

(Passenger

Airlines)

Flywire

Corp.

\*

(Financial

Services)

1,665

Foghorn

Therapeutics,

Inc.

\*

(Biotechnology)

Forafric

Global

PLC

\*

(Food

Products)

Forestar

Group,

Inc.

\*

(Real

Estate

Management

&

Development)

546

Forge

Global

Holdings,

Inc.

\*

(Institutional

Financial

Services)

FormFactor,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

4,561

Forrester

Research,

Inc.

\*

(Professional

Services)

Fortrea

Holdings,

Inc.

\*

(Life

Sciences

Tools

&

Services)

1,025

Forum

Energy

Technologies,

Inc.

\*

(Energy

Equipment

&

Services)

Forward

Air

Corp.

(Air

Freight

&

Logistics)

Four

Corners

Property

Trust,

Inc.

(Specialized

REITs)

2,529

Fox

Factory

Holding

Corp.

\*

(Automobile

Components)

995

Franklin

BSP

Realty

Trust,

Inc.

(Mortgage

REITs)

892

Franklin

Covey

Co.

\*

(Professional

Services)

Franklin

Electric

Co.,

Inc.

(Machinery)

4,075

Franklin

Financial

Services

Corp.

\*

(Banking)

Franklin

Street

Properties

Corp.

(Office

REITs)

Frequency

Electronics

Inc

\*

(Technology

Hardware)

Common

Stocks,

continued

Shares

Value

Fresh

Del

Monte

Produce,

Inc.

(Food

Products)

$

1,273

Freshworks,

Inc.

\*

-

Class

A

(Software)

2,387

Freyr

Battery,

Inc.

\*

(Electrical

Equipment)

Friedman

Industries,

Inc.

\*

(Steel)

Frontdoor,

Inc.

\*

(Diversified

Consumer

Services)

5,314

Frontier

Group

Holdings,

Inc.

\*

(Passenger

Airlines)

FrontView

REIT,

Inc.

\*

(Retail

REITs)

FRP

Holdings,

Inc.

\*

(Real

Estate

Management

&

Development)

FS

Bancorp,

Inc.

(Banks)

FTAI

Infrastructure,

Inc.

(Ground

Transportation)

619

fuboTV,

Inc.

\*

(Interactive

Media

&

Services)

1,349

Fulcrum

Therapeutics,

Inc.

\*

(Pharmaceuticals)

Fulgent

Genetics,

Inc.

\*

(Health

Care

Providers

&

Services)

Fulton

Financial

Corp.

(Banks)

3,387

Funko,

Inc.

\*

-

Class

A

(Leisure

Products)

FutureFuel

Corp.

(Oil,

Gas

&

Consumable

Fuels)

FVCBankcorp,

Inc.

\*

(Banks)

Gaia,

Inc.

\*

(Retail

-

Discretionary)

Gambling.com

Group,

Ltd.

\*

(Media)

Gannett

Co.,

Inc.

\*

(Media)

800

Garret

Motion,

Inc.

\*

(Automotive)

2,439

GATX

Corp.

(Trading

Companies

&

Distributors)

5,959

GBank

Financial

Holdings,

Inc.

\*

(Specialty

Finance)

GCM

Grosvenor,

Inc.

-

Class

A

(Capital

Markets)

599

Genco

Shipping

&

Trading,

Ltd.

(Marine

Transportation)

614

Gencor

Industries,

Inc.

\*

(Machinery)

GeneDx

Holdings

Corp.

\*

(Health

Care

Providers

&

Services)

2,738

Genesco,

Inc.

\*

(Specialty

Retail)

Genie

Energy,

Ltd.

-

Class

B

(Electric

Utilities)

Genius

Sports

Ltd.

\*

(Leisure

Facilities

&

Services)

2,635

Gentherm,

Inc.

\*

(Automobile

Components)

1,214

Genworth

Financial,

Inc.

\*

-

Class

A

(Insurance)

3,722

German

American

Bancorp,

Inc.

(Banks)

1,503

Geron

Corp.

\*

(Biotechnology)

584

736

Getty

Images

Holdings,

Inc.

\*(a)

(Interactive

Media

&

Services)

Getty

Realty

Corp.

(Retail

REITs)

1,564

Gevo,

Inc.

\*(a)

(Renewable

Energy)

580

Gibraltar

Industries,

Inc.

\*

(Building

Products)

1,996

GigaCloud

Technology,

Inc.

\*

-

Class

A

(Distributors)

755

G-III

Apparel

Group,

Ltd.

\*

(Textiles,

Apparel

&

Luxury

Goods)

1,101

Ginkgo

Bioworks

Holdings,

Inc.

\*(a)

(Health

Care

Facilities

&

Services)

546

Glacier

Bancorp,

Inc.

(Banks)

5,596

Gladstone

Commercial

Corp.

(Equity

REIT

-

Diversified)

572

Gladstone

Land

Corp.

(Specialized

REITs)

Glaukos

Corp.

\*

(Health

Care

Equipment

&

Supplies)

5,284

Global

Business

Travel

Group,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

794

Global

Industrial

Co.

(Trading

Companies

&

Distributors)

Global

Medical

REIT,

Inc.

(Health

Care

REITs)

Global

Net

Lease,

Inc.

(Equity

REIT

-

Diversified)

1,631

Global

Water

Resources,

Inc.

(Water

Utilities)

Globalstar,

Inc.

\*

(Telecommunications)

2,938

Gogo,

Inc.

\*

(Wireless

Telecommunication

Services)

755

GoHealth,

Inc.

\*

-

Class

A

(Insurance)

Golar

LNG,

Ltd.

(Oil,

Gas

&

Consumable

Fuels)

4,392

Golden

Entertainment,

Inc.

ARS

(Hotels,

Restaurants

&

Leisure)

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Golden

Matrix

Group,

Inc.

\*

(Entertainment)

$

Goosehead

Insurance,

Inc.

\*

-

Class

A

(Insurance)

1,785

Gossamer

Bio,

Inc.

\*

(Biotech

&

Pharma)

Graham

Corp.

\*

(Machinery)

685

Graham

Holdings

Co.

-

Class

B

(Diversified

Consumer

Services)

3,036

GRAIL,

Inc.

\*

(Biotechnology)

3,034

Granite

Construction,

Inc.

(Construction

&

Engineering)

4,837

Granite

Ridge

Resources,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

Gray

Television,

Inc.

(Media)

Great

Ajax

Corp.

\*

(Specialty

Finance)

Great

Lakes

Dredge

&

Dock

Corp.

\*

(Construction

&

Engineering)

806

Great

Southern

Bancorp,

Inc.

(Banks)

501

Green

Brick

Partners,

Inc.

\*

(Household

Durables)

2,136

Green

Dot

Corp.

\*

-

Class

A

(Consumer

Finance)

662

Green

Plains,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

709

Greene

County

Bancorp,

Inc.

(Banks)

Greenlight

Capital

Re,

Ltd.

\*

-

Class

A

(Insurance)

Greenwich

Lifesciences,

Inc.

\*

(Biotechnology)

Greif,

Inc.

-

Class

A

(Containers

&

Packaging)

1,536

Greif,

Inc.

-

Class

B

(Containers

&

Packaging)

Grid

Dynamics

Holdings,

Inc.

\*

(IT

Services)

663

Griffon

Corp.

(Building

Products)

3,034

Grindr,

Inc.

\*

(Interactive

Media

&

Services)

Grocery

Outlet

Holding

Corp.

\*

(Consumer

Staples

Distribution

&

Retail)

1,375

Group

Automotive,

Inc.

(Specialty

Retail)

5,168

Groupon,

Inc.

\*

(Broadline

Retail)

544

Guardant

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

11,908

Guardian

Pharmacy

Services,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

589

Gulfport

Energy

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

3,162

Gyre

Therapeutics,

Inc.

\*

(Biotechnology)

H.B.

Fuller

Co.

(Chemicals)

3,384

HA

Sustainable

Infrastructure

Capital,

Inc.

(Financial

Services)

3,547

Haemonetics

Corp.

\*

(Health

Care

Equipment

&

Supplies)

2,601

Hallador

Energy

Co.

\*

(Oil,

Gas

&

Consumable

Fuels)

714

Hamilton

Beach

Brands

Holding

Co.

-

Class

A

(Household

Durables)

Hamilton

Insurance

Group,

Ltd.

\*

-

Class

B

(Insurance)

1,160

Hancock

Whitney

Corp.

(Banks)

5,254

Hanesbrands,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

2,485

Hanmi

Financial

Corp.

(Banks)

845

Hanover

Bancorp,

Inc.

\*

(Banking)

HarborOne

Bancorp,

Inc.

(Banks)

Harmonic,

Inc.

\*

(Communications

Equipment)

1,284

Harmony

Biosciences

Holdings,

Inc.

\*

(Pharmaceuticals)

1,343

Harrow,

Inc.

\*

(Pharmaceuticals)

1,284

Haverty

Furniture

Cos.,

Inc.

(Specialty

Retail)

Hawaiian

Electric

Industries,

Inc.

(Electric

Utilities)

2,173

Hawkins,

Inc.

(Chemicals)

2,979

Hawthorn

Bancshares,

Inc.

\*

(Banking)

HBT

Financial,

Inc.

(Banks)

HCI

Group,

Inc.

(Insurance)

2,244

Health

Catalyst,

Inc.

\*

(Health

Care

Technology)

Healthcare

Services

Group,

Inc.

\*

(Commercial

Services

&

Supplies)

1,394

HealthEquity,

Inc.

\*

(Health

Care

Providers

&

Services)

8,607

HealthStream,

Inc.

(Health

Care

Technology)

640

Heartland

Express,

Inc.

(Ground

Transportation)

Common

Stocks,

continued

Shares

Value

Hecla

Mining

Co.

(Metals

&

Mining)

642

$

8,263

Heidrick

&

Struggles

International,

Inc.

(Professional

Services)

1,284

Helen

of

Troy,

Ltd.

\*

(Household

Durables)

Helios

Technologies,

Inc.

(Machinery)

1,993

Helix

Energy

Solutions

Group,

Inc.

\*

(Energy

Equipment

&

Services)

1,001

Helmerich

&

Payne,

Inc.

(Energy

Equipment

&

Services)

2,705

Herbalife,

Ltd.

\*

(Personal

Care

Products)

864

Herc

Holdings,

Inc.

(Trading

Companies

&

Distributors)

4,972

Heritage

Commerce

Corp.

(Banks)

666

Heritage

Financial

Corp.

(Banks)

821

Heritage

Insurance

Holdings,

Inc.

\*

(Insurance)

567

Heron

Therapeutics,

Inc.

\*

(Biotechnology)

Hertz

Global

Holdings,

Inc.

\*(a)

(Ground

Transportation)

646

HF

Foods

Group,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

HighPeak

Energy,

Inc.

(a) (Oil,

Gas

&

Consumable

Fuels)

Hillenbrand,

Inc.

(Machinery)

2,402

Hillman

Solutions

Corp.

\*

(Machinery)

1,955

Hilltop

Holdings,

Inc.

(Banks)

1,550

Hilton

Grand

Vacations,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

2,570

Himalaya

Shipping,

Ltd.

(Marine

Transportation)

Hims

&

Hers

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

9,274

Hingham

Institution

for

Savings

(Banks)

589

Hippo

Holdings,

Inc.

\*

(Insurance)

699

HireQuest,

Inc.

(Professional

Services)

HNI

Corp.

(Commercial

Services

&

Supplies)

1,964

Holley,

Inc.

\*

(Automobile

Components)

Hologic,

Inc.

\*

(Biotechnology)

Home

Bancorp,

Inc.

(Banks)

Home

BancShares,

Inc.

(Banks)

5,395

HomeTrust

Bancshares,

Inc.

(Banks)

668

Hope

Bancorp,

Inc.

(Banks)

1,385

Horace

Mann

Educators

Corp.

(Insurance)

1,967

Horizon

Bancorp,

Inc.

(Banks)

718

Hovnanian

Enterprises,

Inc.

\*

-

Class

A

(Household

Durables)

601

Hub

Group,

Inc.

-

Class

A

(Air

Freight

&

Logistics)

2,357

Hudson

Pacific

Properties,

Inc.

(Office

REITs)

971

Hudson

Technologies,

Inc.

\*

(Trading

Companies

&

Distributors)

Humacyte,

Inc.

\*(a)

(Biotechnology)

Huron

Consulting

Group,

Inc.

\*

(Professional

Services)

2,960

Hut

Corp.

\*

(Software)

5,117

Hyliion

Holdings

Corp.

\*

(Machinery)

Hyster-Yale,

Inc.

-

Class

A

(Machinery)

I3

Verticals,

Inc.

\*

-

Class

A

(Financial

Services)

769

IBEX

Holdings,

Ltd.

\*

(Professional

Services)

Ibotta,

Inc.

\*

-

Class

A

(Media)

ICF

International,

Inc.

(Professional

Services)

1,606

Ichor

Holdings,

Ltd.

\*

(Semiconductors

&

Semiconductor

Equipment)

816

ICU

Medical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

3,122

Idaho

Strategic

Resources,

Inc.

\*

(Metals

&

Mining)

Ideaya

Biosciences,

Inc.

\*

(Biotechnology)

2,740

IDT

Corp.

-

Class

B

(Diversified

Telecommunication

Services)

861

IES

Holdings,

Inc.

\*

(Construction

&

Engineering)

3,919

iHeartMedia,

Inc.

\*

-

Class

A

(Media)

IMAX

Corp.

\*

(Entertainment)

1,527

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Immersion

Corp.

(Technology

Hardware,

Storage

&

Peripherals)

$

ImmunityBio,

Inc.

\*

(Biotechnology)

590

Immunome,

Inc.

\*

(Biotechnology)

1,334

Immunovant,

Inc.

\*

(Biotechnology)

1,802

Impinj,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

5,660

Independence

Realty

Trust,

Inc.

(Residential

REITs)

4,014

Independent

Bank

Corp.

(Banks)

3,499

Independent

Bank

Corp.

(Banks)

635

indie

Semiconductor,

Inc.

\*(a)

-

Class

A

(Semiconductors

&

Semiconductor

Equipment)

1,119

Indivior

PLC

\*

(Biotech

&

Pharma)

3,817

Industrial

Logistics

Properties

Trust

(Industrial

REITs)

Infinity

Natural

Resources,

Inc.

\*

-

Class

A

(Oil

&

Gas

Producers)

Information

Services

Group,

Inc.

(IT

Services)

Ingevity

Corp.

\*

(Chemicals)

2,095

Ingles

Markets,

Inc.

-

Class

A

(Consumer

Staples

Distribution

&

Retail)

1,106

Inhibikase

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

Inhibrx

Biosciences,

Inc.

\*

(Biotechnology)

817

Inmune

Bio,

Inc.

\*

(Biotechnology)

Innodata,

Inc.

\*

(Professional

Services)

2,462

Innospec,

Inc.

(Chemicals)

1,987

Innovage

Holding

Corp.

\*

(Health

Care

Providers

&

Services)

Innovative

Industrial

Properties,

Inc.

(Industrial

REITs)

1,505

Innovex

International,

Inc.

\*

(Energy

Equipment

&

Services)

823

Innoviva,

Inc.

\*

(Pharmaceuticals)

1,219

Inogen,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Inseego

Corp.

\*

(Technology

Hardware)

Insight

Enterprises,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

3,100

Insperity,

Inc.

(Professional

Services)

1,721

Inspired

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

Installed

Building

Products,

Inc.

(Household

Durables)

6,206

Insteel

Industries,

Inc.

(Building

Products)

625

Intapp,

Inc.

\*

(Software)

2,341

Integer

Holdings

Corp.

\*

(Health

Care

Equipment

&

Supplies)

2,389

Integra

LifeSciences

Holdings

Corp.

\*

(Health

Care

Equipment

&

Supplies)

865

Integral

Ad

Science

Holding

Corp.

\*

(Media)

837

Intellia

Therapeutics,

Inc.

\*

(Biotechnology)

1,338

Inter

Parfums,

Inc.

(Personal

Care

Products)

1,784

InterDigital,

Inc.

(Software)

10,134

Interface,

Inc.

(Commercial

Services

&

Supplies)

1,544

International

Bancshares

Corp.

(Banks)

3,850

International

Game

Technology

PLC

(Hotels,

Restaurants

&

Leisure)

1,999

International

Money

Express,

Inc.

\*

(Financial

Services)

International

Seaways,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

2,203

Intrepid

Potash,

Inc.

\*

(Chemicals)

Intuitive

Machines,

Inc.

\*

(Aerospace

&

Defense)

1,396

InvenTrust

Properties

Corp.

(Retail

REITs)

2,302

Invesco

Mortgage

Capital,

Inc.

(Mortgage

REITs)

542

Investar

Holding

Corp.

(Banks)

Investors

Title

Co.

(Insurance)

517

IonQ,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

18,465

Iovance

Biotherapeutics,

Inc.

\*

(Biotechnology)

550

Common

Stocks,

continued

Shares

Value

iRadimed

Corp.

(Health

Care

Equipment

&

Supplies)

$

691

iRhythm

Technologies,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

6,369

Ironwood

Pharmaceuticals,

Inc.

\*

(Biotechnology)

Ispire

Technology,

Inc.

\*

(Tobacco)

Itron,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

4,916

Ivanhoe

Electric,

Inc.

\*

(Metals

&

Mining)

1,361

J

&

J

Snack

Foods

Corp.

(Food

Products)

1,439

J

Jill,

Inc.

(Specialty

Retail)

Jack

in

the

Box,

Inc.

(Hotels,

Restaurants

&

Leisure)

Jackson

Financial,

Inc.

-

Class

A

(Financial

Services)

7,763

Jade

Biosciences,

Inc.

\*

(Biotech

&

Pharma)

JAKKS

Pacific,

Inc.

\*

(Leisure

Products)

James

River

Group

Holdings,

Ltd.

(Insurance)

Jamf

Holding

Corp.

\*

(Software)

989

Janus

International

Group,

Inc.

\*

(Building

Products)

1,392

Janux

Therapeutics,

Inc.

\*

(Biotechnology)

1,206

JBG

SMITH

Properties

(Office

REITs)

1,306

Jefferson

Capital,

Inc.

(Consumer

Finance)

JELD-WEN

Holding,

Inc.

\*

(Building

Products)

JetBlue

Airways

Corp.

\*

(Passenger

Airlines)

1,483

Joby

Aviation,

Inc.

\*

(Passenger

Airlines)

8,566

John

B. Sanfilippo

&

Son,

Inc.

(Food

Products)

502

John

Bean

Technologies

Corp.

(Machinery)

7,062

John

Marshall

Bancorp,

Inc.

(Banks)

John

Wiley

&

Sons,

Inc.

-

Class

A

(Media)

1,622

Johnson

Outdoors,

Inc.

-

Class

A

(Leisure

Products)

Journey

Medical

Corp.

\*

(Biotech

&

Pharma)

Kadant,

Inc.

(Machinery)

3,597

Kaiser

Aluminum

Corp.

(Metals

&

Mining)

1,539

Kaltura,

Inc.

\*

(Software)

KalVista

Pharmaceuticals,

Inc.

\*

(Biotechnology)

KAR

Auction

Services,

Inc.

\*

(Commercial

Services

&

Supplies)

3,012

Karat

Packaging,

Inc.

(Trading

Companies

&

Distributors)

KB

Home

(Household

Durables)

4,432

Kearney

Financial

Corp.

(Banks)

Kelly

Services,

Inc.

-

Class

A

(Professional

Services)

Kennametal,

Inc.

(Machinery)

1,800

Kennedy-Wilson

Holdings,

Inc.

(Real

Estate

Management

&

Development)

975

Keros

Therapeutics,

Inc.

\*

(Biotechnology)

548

Kestra

Medical

Technologies

Ltd.

\*

(Medical

Equipment

&

Devices)

Kforce,

Inc.

(Professional

Services)

Kimball

Electronics,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

756

KinderCare

Learning

Cos.,

Inc.

\*

(Diversified

Consumer

Services)

Kinetik

Holdings,

Inc.

(a) (Oil,

Gas

&

Consumable

Fuels)

1,810

Kingstone

Companies,

Inc.

\*

(Insurance)

Kingsway

Financial

Services,

Inc.

\*

(Insurance)

Kite

Realty

Group

Trust

(Retail

REITs)

5,225

KKR

Real

Estate

Finance

Trust,

Inc.

(Mortgage

REITs)

Knife

River

Corp.

\*

(Construction

Materials)

3,688

Knowles

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

2,149

Kodiak

Gas

Services,

Inc.

(Energy

Equipment

&

Services)

2,655

Kodiak

Sciences,

Inc.

\*

(Biotechnology)

634

Kohl's

Corp.

(Broadline

Retail)

1,903

Kolibri

Global

Energy,

Inc.

\*

(Oil

&

Gas

Producers)

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Kontoor

Brands,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

$

4,774

Kopin

Corp.

\*

(Technology

Hardware)

589

Koppers

Holdings,

Inc.

(Chemicals)

593

Korn

Ferry

(Professional

Services)

3,558

Korro

Bio,

Inc.

\*

(Biotechnology)

Kosmos

Energy,

Ltd.

\*

(Oil,

Gas

&

Consumable

Fuels)

508

798

Kratos

Defense

&

Security

Solutions,

Inc.

\*

(Aerospace

&

Defense)

16,126

Krispy

Kreme,

Inc.

(a) (Hotels,

Restaurants

&

Leisure)

Kronos

Worldwide,

Inc.

(Chemicals)

Krystal

Biotech,

Inc.

\*

(Biotechnology)

5,333

Kulicke

&

Soffa

Industries,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

2,196

KULR

Technology

Group,

Inc.

\*

(Technology

Hardware)

Kura

Oncology,

Inc.

\*

(Biotechnology)

883

Kura

Sushi

USA,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

Kymera

Therapeutics,

Inc.

\*

(Biotechnology)

3,339

L.B.

Foster

Co.

\*

-

Class

A

(Machinery)

Ladder

Capital

Corp.

(Mortgage

REITs)

1,290

Lakeland

Financial

Corp.

(Banks)

1,540

Lakeland

Industries,

Inc.

\*

(Apparel

&

Textile

Products)

Lancaster

Colony

Corp.

(Food

Products)

3,449

Landec

Corp.

\*

(Life

Sciences

Tools

&

Services)

Landmark

BanCorp,

Inc./Manhattan

KS

\*

(Banking)

Lands'

End,

Inc.

\*

(Specialty

Retail)

Lantheus

Holdings,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

4,211

Larimar

Therapeutics,

Inc.

\*

(Biotechnology)

Latham

Group,

Inc.

\*

(Leisure

Products)

Laureate

Education,

Inc.

(Diversified

Consumer

Services)

4,006

Lawson

Products,

Inc.

\*

(Trading

Companies

&

Distributors)

La-Z-Boy,

Inc.

(Household

Durables)

1,395

LCI

Industries

(Automobile

Components)

2,691

LCNB

Corp.

(Banks)

Legacy

Housing

Corp.

\*

(Household

Durables)

Legalzoom.com,

Inc.

\*

(Professional

Services)

1,266

Leggett

&

Platt,

Inc.

(Household

Durables)

1,336

LeMaitre

Vascular,

Inc.

(Health

Care

Equipment

&

Supplies)

1,905

Lemonade,

Inc.

\*

(Insurance)

3,605

LendingClub

Corp.

\*

(Consumer

Finance)

2,104

LendingTree,

Inc.

\*

(Consumer

Finance)

768

LENSAR,

Inc.

\*

(Medical

Equipment

&

Devices)

LENZ

Therapeutics,

Inc.

\*

(Biotechnology)

505

Lexeo

Therapeutics,

Inc.

\*

(Biotechnology)

Lexington

Realty

Trust

(Industrial

REITs)

2,961

LGI

Homes,

Inc.

\*

(Household

Durables)

898

Liberty

Energy,

Inc.

(Energy

Equipment

&

Services)

3,061

Liberty

Latin

America,

Ltd.

\*

-

Class

A

(Diversified

Telecommunication

Services)

Liberty

Latin

America,

Ltd.

\*

-

Class

C

(Diversified

Telecommunication

Services)

1,076

Life

Time

Group

Holdings,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

3,586

Life360,

Inc.

\*

(Software)

1,678

LifeMD,

Inc.

\*

(Health

Care

Technology)

LifeStance

Health

Group,

Inc.

\*

(Health

Care

Providers

&

Services)

696

LIFEVANTAGE

CORPORATION

(Food

Products)

Lifeway

Foods,

Inc.

\*

(Food

Products)

Lifezone

Metals,

Ltd.

\*

(Metals

&

Mining)

Common

Stocks,

continued

Shares

Value

Ligand

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

$

3,825

Lightbridge

Corp.

\*

(Electrical

Equipment)

617

Limbach

Holdings,

Inc.

\*

(Construction

&

Engineering)

1,039

Limoneira

Co.

(Food

Products)

Lincoln

Educational

Services

Corp.

\*

(Diversified

Consumer

Services)

621

Lindblad

Expeditions

Holdings,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

Lindsay

Corp.

(Machinery)

1,335

LINKBANCORP,

Inc.

(Banks)

Lionsgate

Studios

Corp.

\*

(Entertainment)

1,408

Liquidia

Corp.

\*

(Pharmaceuticals)

1,681

Liquidity

Services,

Inc.

\*

(Commercial

Services

&

Supplies)

599

LivaNova

PLC

\*

(Health

Care

Equipment

&

Supplies)

3,053

Live

Oak

Bancshares,

Inc.

(Banks)

1,183

LiveRamp

Holdings,

Inc.

\*

(Software)

1,886

Livewire

Group,

Inc.

\*

(Automobiles)

loanDepot,

Inc.

\*

(Specialty

Finance)

Logistic

Properties

Of

The

Americas

\*

(Real

Estate

Owners

&

Developers)

LSB

Industries,

Inc.

\*

(Chemicals)

LSI

Industries,

Inc.

(Electrical

Equipment)

641

LTC

Properties,

Inc.

(Health

Care

REITs)

1,719

Lucid

Diagnostics,

Inc.

\*

(Medical

Equipment

&

Devices)

Lumen

Technologies,

Inc.

\*

(Diversified

Telecommunication

Services)

1,021

10,496

Lument

Finance

Trust

Inc

\*

(Specialty

Finance)

Luminar

Technologies,

Inc.

\*

(Automobile

Components)

Luxfer

Holdings

PLC

(Machinery)

M/I

Homes,

Inc.

\*

(Household

Durables)

3,505

Mack-Cali

Realty

Corp.

\*

(Residential

REITs)

1,221

Madison

Square

Garden

Entertainment

Corp.

\*

(Entertainment)

1,855

Madrigal

Pharmaceuticals,

Inc.

\*

(Biotechnology)

8,378

Magnera

Corp.

\*

(Forestry,

Paper

&

Wood

Products)

Magnite,

Inc.

\*

(Media)

2,682

Magnolia

Oil

&

Gas

Corp.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

4,470

MainStreet

Bancshares,

Inc.

\*

(Banking)

Malibu

Boats,

Inc.

\*

-

Class

A

(Leisure

Products)

557

Mama's

Creations,

Inc.

\*

(Food

Products)

Mammoth

Energy

Services,

Inc.

\*

(Energy

Equipment

&

Services)

Mannkind

Corp.

\*

(Biotechnology)

1,811

MARA

Holdings,

Inc.

\*

(Software)

7,271

Maravai

LifeSciences

Holdings,

Inc.

\*

-

Class

A

(Life

Sciences

Tools

&

Services)

Marcus

&

Millichap,

Inc.

(Real

Estate

Management

&

Development)

759

Marex

Group

PLC

\*

(Institutional

Financial

Services)

1,761

Marine

Products

Corp.

(Leisure

Products)

MarineMax,

Inc.

\*

(Specialty

Retail)

MarketWise,

Inc.

(Capital

Markets)

Marqeta,

Inc.

\*

-

Class

A

(Financial

Services)

1,866

Marriott

Vacations

Worldwide

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

1,979

Marten

Transport,

Ltd.

(Ground

Transportation)

636

Masterbrand,

Inc.

\*

(Building

Products)

1,718

MasterCraft

Boat

Holdings,

Inc.

\*

(Leisure

Products)

Materion

Corp.

(Metals

&

Mining)

2,522

Mativ

Holdings,

Inc.

(Chemicals)

619

Matrix

Service

Co.

\*

(Construction

&

Engineering)

Matson,

Inc.

(Marine

Transportation)

3,534

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Matthews

International

Corp.

-

Class

A

(Commercial

Services

&

Supplies)

$

749

Maui

Land

&

Pineapple

Co.,

Inc.

\*

(Real

Estate

Management

&

Development)

MaxCyte,

Inc.

\*

(Life

Sciences

Tools

&

Services)

Maximus,

Inc.

(Professional

Services)

5,069

MaxLinear,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,318

Mayville

Engineering

Co.,

Inc.

\*

(Machinery)

Maze

Therapeutics,

Inc.

\*

(Biotechnology)

691

MBIA,

Inc.

(Insurance)

MBX

Biosciences,

Inc.

\*

(Pharmaceuticals)

McGrath

RentCorp

(Trading

Companies

&

Distributors)

2,793

McGraw

Hill,

Inc.

\*

(Diversified

Consumer

Services)

Mechanics

Bancorp

\*

(Banks)

Medallion

Financial

Corp.

(Consumer

Finance)

MediaAlpha,

Inc.

\*

-

Class

A

(Interactive

Media

&

Services)

Medifast,

Inc.

(Personal

Care

Products)

MediWound,

Ltd.

\*

(Pharmaceuticals)

Mednax,

Inc.

\*

(Health

Care

Providers

&

Services)

1,544

MeiraGTx

Holdings

PLC

\*

(Biotechnology)

Mercantile

Bank

Corp.

(Banks)

745

Merchants

Bancorp

(Financial

Services)

873

Mercurity

Fintech

Holding,

Inc.

\*

(Commercial

Support

Services)

Mercury

General

Corp.

(Insurance)

2,242

Mercury

Systems,

Inc.

(Aerospace

&

Defense)

4,335

Meridian

Bank

of

Malvern,

PA

(Banking)

Merit

Medical

Systems,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

5,516

Meritage

Homes

Corp.

(Household

Durables)

5,135

Mesa

Laboratories,

Inc.

(Life

Sciences

Tools

&

Services)

Methode

Electronics,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

Metrocity

Bankshares,

Inc.

(Banks)

538

Metropolitan

Bank

Holding

Corp.

\*

(Banks)

663

Metsera,

Inc.

\*

(Biotechnology)

3,593

MFA

Financial,

Inc.

(Mortgage

REITs)

989

MGE

Energy,

Inc.

(Electric

Utilities)

3,315

MGP

Ingredients,

Inc.

(Beverages)

Microvast

Holdings,

Inc.

\*

(Automotive)

1,161

MicroVision,

Inc.

\*(a)

(Electronic

Equipment,

Instruments

&

Components)

Mid

Penn

Bancorp,

Inc.

(Banks)

597

Middlefield

Banc

Corp.

(Banks)

Middlesex

Water

Co.

(Water

Utilities)

1,092

Midland

States

Bankcorp,

Inc.

(Banks)

MidWestOne

Financial

Group,

Inc.

(Banks)

666

Miller

Industries,

Inc.

(Machinery)

MillerKnoll,

Inc.

(Commercial

Services

&

Supplies)

1,125

MiMedx

Group,

Inc.

\*

(Biotechnology)

972

Mind

Medicine

MindMed,

Inc.

\*

(Pharmaceuticals)

1,150

Minerals

Technologies,

Inc.

(Chemicals)

1,930

Mineralys

Therapeutics,

Inc.

\*

(Biotechnology)

1,716

Mirion

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

7,401

Mirum

Pharmaceuticals,

Inc.

\*

(Biotechnology)

3,124

Mission

Produce,

Inc.

\*

(Food

Products)

530

Mister

Car

Wash,

Inc.

\*

(Diversified

Consumer

Services)

593

Mistras

Group,

Inc.

\*

(Professional

Services)

Mitek

Systems,

Inc.

\*

(Software)

Mobile

Infrastructure

Corp.

\*

(Real

Estate

Owners

&

Developers)

Modine

Manufacturing

Co.

\*

(Automobile

Components)

8,579

Common

Stocks,

continued

Shares

Value

Modiv

Industrial,

Inc.

\*

(Retail

REITs)

$

Moelis

&

Co.

-

Class

A

(Capital

Markets)

5,066

Monarch

Casino

&

Resort,

Inc.

(Hotels,

Restaurants

&

Leisure)

1,261

Monopar

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

Monro,

Inc.

(Specialty

Retail)

Montauk

Renewables,

Inc.

\*

(Independent

Power/

Renewable

Electricity

Producers)

Monte

Rosa

Therapeutics,

Inc.

\*

(Biotechnology)

643

Montrose

Environmental

Group,

Inc.

\*

(Commercial

Services

&

Supplies)

880

Moog,

Inc.

-

Class

A

(Aerospace

&

Defense)

6,146

Motorcar

Parts

of

America,

Inc.

\*

(Automotive)

Movado

Group,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

MRC

Global,

Inc.

\*

(Trading

Companies

&

Distributors)

1,256

M-Tron

Industries,

Inc.

\*

(Electrical

Equipment)

Mueller

Water

Products,

Inc.

-

Class

A

(Machinery)

4,285

Murphy

Oil

Corp.

(Oil,

Gas

&

Consumable

Fuels)

4,104

MVB

Financial

Corp.

(Banks)

Myers

Industries,

Inc.

(Containers

&

Packaging)

693

Myomo,

Inc.

\*

(Medical

Equipment

&

Devices)

MYR

Group,

Inc.

\*

(Construction

&

Engineering)

3,701

Myriad

Genetics,

Inc.

\*

(Biotechnology)

780

N-able,

Inc.

\*

(Software)

603

Nabors

Industries,

Ltd.

\*

(Energy

Equipment

&

Services)

776

NACCO

Industries,

Inc.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

NANO

Nuclear

Energy,

Inc.

\*(a)

(Electrical

Equipment)

1,569

Nano-X

Imaging,

Ltd.

\*

(Health

Care

Providers

&

Services)

Napco

Security

Technologies,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

1,634

Nathan's

Famous,

Inc.

(Hotels,

Restaurants

&

Leisure)

National

Bank

Holdings

Corp.

-

Class

A

(Banks)

1,462

National

Bankshares,

Inc.

(Banks)

National

Beverage

Corp.

(Beverages)

891

National

CineMedia,

Inc.

\*

(Media)

National

Energy

Services

Reunited

Corp.

\*

(Oil

&

Gas

Services

&

Equipment)

820

National

Health

Investors,

Inc.

(Health

Care

REITs)

3,651

National

HealthCare

Corp.

(Health

Care

Providers

&

Services)

1,672

National

Presto

Industries,

Inc.

(Aerospace

&

Defense)

642

National

Research

Corp.

(Health

Care

Providers

&

Services)

National

Vision

Holdings,

Inc.

\*

(Specialty

Retail)

2,137

Natural

Gas

Services

Group,

Inc.

\*

(Energy

Equipment

&

Services)

Natural

Grocers

by

Vitamin

Cottage,

Inc.

(Consumer

Staples

Distribution

&

Retail)

Nature's

Sunshine

Products,

Inc.

\*

(Personal

Care

Products)

Navient

Corp.

(Consumer

Finance)

905

Navigator

Holdings

Ltd.

\*

(Transportation

&

Logistics)

575

Navitas

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,925

NB

Bancorp,

Inc.

\*

(Banks)

669

NBT

Bancorp,

Inc.

(Banks)

2,226

NCR

Atleos

Corp.

\*

(Financial

Services)

2,878

NCR

Voyix

Corp.

\*(a)

(Software)

1,700

Nelnet,

Inc.

-

Class

A

(Consumer

Finance)

1,807

Neogen

Corp.

\*

(Health

Care

Equipment

&

Supplies)

1,444

NeoGenomics,

Inc.

\*

(Health

Care

Providers

&

Services)

1,348

Neonode,

Inc.

\*

(Technology

Hardware)

NerdWallet,

Inc.

\*

-

Class

A

(Consumer

Finance)

513

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Nerdy,

Inc.

\*

(Diversified

Consumer

Services)

$

NET

Lease

Office

Properties

\*

(Office

REITs)

Net

Power,

Inc.

\*

(Electrical

Equipment)

NETGEAR,

Inc.

\*

(Communications

Equipment)

1,042

NetScout

Systems,

Inc.

\*

(Communications

Equipment)

2,085

NETSTREIT

Corp.

(Retail

REITs)

1,899

Neurogene,

Inc.

\*

(Biotechnology)

Neuronetics,

Inc.

\*

(Health

Care

Facilities

&

Services)

NeuroPace,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

New

Fortress

Energy

Inc

(a) (Oil

&

Gas

Producers)

New

Jersey

Resources

Corp.

(Gas

Utilities)

4,784

New

York

Community

Bancorp,

Inc.

\*

(Banks)

3,712

Newmark

Group,

Inc.

-

Class

A

(Real

Estate

Management

&

Development)

2,960

Newpark

Resources,

Inc.

\*

(Energy

Equipment

&

Services)

1,033

Newsmax,

Inc.

\*

(Internet

Media

&

Services)

NewtekOne,

Inc.

(Financial

Services)

NexPoint

Diversified

Real

Estate

Trust

\*

(Equity

REIT

-

Diversified)

Nexpoint

Real

Estate

Finance,

Inc.

(Mortgage

REITs)

NexPoint

Residential

Trust,

Inc.

(Residential

REITs)

736

NextDecade

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

848

Nextdoor

Holdings,

Inc.

\*

(Interactive

Media

&

Services)

NextNav,

Inc.

\*

(Software)

1,255

NextNRG,

Inc.

\*

(Oil

&

Gas

Producers)

NEXTracker,

Inc.

\*

-

Class

A

(Electrical

Equipment)

15,790

Nexxen

International

Ltd.

\*

(Advertising

&

Marketing)

NI

Holdings,

Inc.

\*

(Insurance)

Nicolet

Bankshares,

Inc.

(Banks)

1,654

NioCorp

Developments

Ltd.

\*

(Metals

&

Mining)

545

Nkarta,

Inc.

\*

(Biotechnology)

NL

Industries,

Inc.

(Commercial

Services

&

Supplies)

nLight,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,684

NMI

Holdings,

Inc.

\*

-

Class

A

(Financial

Services)

3,060

Noble

Corp.

PLC

(Energy

Equipment

&

Services)

3,962

Nordic

American

Tankers,

Ltd.

(Oil,

Gas

&

Consumable

Fuels)

806

Northeast

Bank

(Banks)

690

Northeast

Community

Bancorp,

Inc.

(Banks)

Northern

Oil

and

Gas,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

2,302

Northfield

Bancorp,

Inc.

(Banks)

Northpointe

Bancshares,

Inc.

\*

(Banking)

Northrim

Bancorp,

Inc.

(Banks)

528

Northwest

Bancshares,

Inc.

(Banks)

1,815

Northwest

Natural

Holding

Co.

(Gas

Utilities)

1,958

Northwest

Pipe

Co.

\*

(Construction

&

Engineering)

602

NorthWestern

Energy

Group,

Inc.

(Multi-Utilities)

3,938

Norwood

Financial

Corp.

(Banks)

NovaGold

Resources,

Inc.

\*

(Metals

&

Mining)

2,686

Novanta,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

4,953

Novavax,

Inc.

\*(a)

(Biotechnology)

1,344

Novocure,

Ltd.

\*

(Health

Care

Equipment

&

Supplies)

1,396

Nu

Skin

Enterprises,

Inc.

-

Class

A

(Personal

Care

Products)

557

Nurix

Therapeutics,

Inc.

\*

(Biotechnology)

1,048

NuScale

Power

Corp.

\*

(Electrical

Equipment)

6,102

Nutex

Health,

Inc.

\*

(Software)

Nuvalent,

Inc.

\*

-

Class

A

(Biotechnology)

4,569

Nuvation

Bio,

Inc.

\*

(Pharmaceuticals)

1,394

Nuvectis

Pharma,

Inc.

\*

(Biotech

&

Pharma)

Common

Stocks,

continued

Shares

Value

NVE

Corp.

(Semiconductors

&

Semiconductor

Equipment)

$

Oak

Valley

Bancorp.

(Banks)

Oceaneering

International,

Inc.

\*

(Energy

Equipment

&

Services)

2,352

OceanFirst

Financial

Corp.

(Banks)

1,109

Ocular

Therapeutix,

Inc.

\*

(Pharmaceuticals)

2,157

OFG

Bancorp

(Banks)

1,856

Ohio

Valley

Banc

Corp.

\*

(Asset

Management)

O-I

Glass,

Inc.

\*

(Containers

&

Packaging)

1,863

Oil

States

International,

Inc.

\*

(Energy

Equipment

&

Services)

Oil-Dri

Corp.

of

America

(Household

Products)

609

Oklo,

Inc.

\*

(Electric

Utilities)

15,401

Olaplex

Holdings,

Inc.

\*

(Personal

Care

Products)

Old

National

Bancorp

(Banks)

7,660

Old

Second

Bancorp,

Inc.

(Banks)

969

Olema

Pharmaceuticals,

Inc.

\*

(Biotechnology)

574

Olympic

Steel,

Inc.

(Metals

&

Mining)

Omada

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

Omega

Flex,

Inc.

(Machinery)

Omeros

Corp.

\*(a)

(Pharmaceuticals)

513

OmniAb,

Inc.

\*

(Life

Sciences

Tools

&

Services)

Omnicell,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,679

ON24,

Inc.

\*

(Software)

Oncology

Institute,

Inc./The

\*

(Health

Care

Facilities

&

Services)

ONE

Gas,

Inc.

(Gas

Utilities)

5,132

One

Liberty

Properties,

Inc.

(Equity

REIT

-

Diversified)

OneSpan,

Inc.

\*

(Software)

OneSpaWorld

Holdings,

Ltd.

\*

(Diversified

Consumer

Services)

2,374

OneWater

Marine,

Inc.

\*

(Specialty

Retail)

Onity

Group,

Inc.

\*

(Financial

Services)

Ooma,

Inc.

\*

(Software)

OP

Bancorp

(Banking)

OPAL

Fuels,

Inc.

\*

(Renewable

Energy)

Open

Lending

Corp.

\*

(Capital

Markets)

OPKO

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

598

Oportun

Financial

Corp.

\*

(Specialty

Finance)

OppFi,

Inc.

(Consumer

Finance)

OptimizeRx

Corp.

\*

(Health

Care

Technology)

Option

Care

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

4,581

Orange

County

Bancorp,

Inc.

(Banks)

OraSure

Technologies,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Orchid

Island

Capital,

Inc.

(Mortgage

REITs)

991

Organogenesis

Holdings,

Inc.

\*

(Biotechnology)

ORIC

Pharmaceuticals,

Inc.

\*

(Biotechnology)

816

Origin

Bancorp,

Inc.

\*

(Banks)

1,109

Orion

Group

Holdings,

Inc.

\*

(Construction

&

Engineering)

Orion

SA

(Chemicals)

Ormat

Technologies,

Inc.

(Independent

Power/

Renewable

Electricity

Producers)

6,914

Orrstown

Financial

Services,

Inc.

(Banks)

666

Orthofix

Medical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

648

OrthoPediatrics

Corp.

\*

(Health

Care

Equipment

&

Supplies)

Oruka

Therapeutics

Inc

\*

(Biotechnology)

817

Oscar

Health,

Inc.

\*

-

Class

A

(Insurance)

3,744

OSI

Systems,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

4,734

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Otter

Tail

Corp.

(Electric

Utilities)

$

3,166

Ouster,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,801

Outbrain,

Inc.

\*

(Interactive

Media

&

Services)

Outfront

Media,

Inc.

(Specialized

REITs)

2,636

Outset

Medical,

Inc.

\*

(Software)

Owens

&

Minor,

Inc.

\*

(Health

Care

Providers

&

Services)

Oxford

Industries,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

553

P10,

Inc.

-

Class

A

(Capital

Markets)

640

Pacific

Biosciences

of

California,

Inc.

\*

(Life

Sciences

Tools

&

Services)

690

Pacira

BioSciences,

Inc.

\*

(Pharmaceuticals)

1,048

PACS

Group,

Inc.

\*

(Health

Care

Providers

&

Services)

568

Pagaya

Technologies,

Ltd.

\*

-

Class

A

(Software)

1,318

PagerDuty,

Inc.

\*

(Software)

1,461

Pagseguro

Digital,

Ltd.

\*

-

Class

A

(Financial

Services)

1,841

Palladyne

AI

Corp.

\*

(Machinery)

Palomar

Holdings,

Inc.

\*

(Insurance)

3,192

Palvella

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

559

PAM

Transportation

Services,

Inc.

\*

(Ground

Transportation)

Pangaea

Logistics

Solutions,

Ltd.

(Marine

Transportation)

Papa

John's

International,

Inc.

(Hotels,

Restaurants

&

Leisure)

1,778

Par

Pacific

Holdings,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

2,159

PAR

Technology

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,520

Paramount

Group,

Inc.

(Office

REITs)

1,308

Park

Aerospace

Corp.

(Aerospace

&

Defense)

Park

National

Corp.

(Banks)

2,435

Parke

Bancorp,

Inc.

(Banks)

Park-Ohio

Holdings

Corp.

(Machinery)

Pathward

Financial,

Inc.

(Banks)

1,702

Patria

Investments,

Ltd.

-

Class

A

(Capital

Markets)

1,005

Patrick

Industries,

Inc.

(Automobile

Components)

3,653

Patriot

National

Bancorp

Inc

\*

(Banking)

Patterson-UTI

Energy,

Inc.

(Energy

Equipment

&

Services)

2,370

Payoneer

Global,

Inc.

\*

(Financial

Services)

1,725

Paysafe,

Ltd.

\*

(Financial

Services)

Paysign,

Inc.

\*

(Financial

Services)

PBF

Energy,

Inc.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

3,075

PC

Connection,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

732

PCB

Bancorp

(Banks)

PDF

Solutions,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

990

Peabody

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

3,592

Peakstone

Realty

Trust

(Office

REITs)

527

Peapack-Gladstone

Financial

Corp.

(Banks)

Pebblebrook

Hotel

Trust

(Hotel

&

Resort

REITs)

1,318

Peloton

Interactive,

Inc.

\*

-

Class

A

(Leisure

Products)

2,933

Penguin

Solutions,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,247

PennyMac

Financial

Services,

Inc.

(Financial

Services)

3,900

PennyMac

Mortgage

Investment

Trust

(Mortgage

REITs)

1,120

Peoples

Bancorp

of

North

Carolina,

Inc.

(Banks)

Peoples

Bancorp,

Inc.

(Banks)

1,058

Peoples

Financial

Services

Corp.

(Banks)

Common

Stocks,

continued

Shares

Value

Perdoceo

Education

Corp.

(Diversified

Consumer

Services)

$

2,096

Perella

Weinberg

Partners

(Capital

Markets)

1,252

Perimeter

Solutions

SA

\*

(Chemicals)

3,502

Perma-Fix

Environmental

Services,

Inc.

\*

(Commercial

Services

&

Supplies)

Perpetua

Resources

Corp.

\*

(Metals

&

Mining)

1,922

Personalis,

Inc.

\*

(Health

Care

Facilities

&

Services)

521

Perspective

Therapeutics,

Inc.

\*

(Biotechnology)

Petco

Health

&

Wellness

Co.,

Inc.

\*

(Specialty

Retail)

Phathom

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

610

Phibro

Animal

Health

Corp.

-

Class

A

(Pharmaceuticals)

925

Phillips

Edison

&

Co.,

Inc.

(Retail

REITs)

4,568

Phinia,

Inc.

(Automobile

Components)

2,128

Photronics,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,482

Phreesia,

Inc.

\*

(Health

Care

Technology)

1,381

Piedmont

Office

Realty

Trust,

Inc.

-

Class

A

(Office

REITs)

1,072

Pioneer

Bancorp,

Inc.

\*

(Banks)

Piper

Sandler

Cos.

(Capital

Markets)

6,065

Pitney

Bowes,

Inc.

(Commercial

Services

&

Supplies)

1,828

PJT

Partners,

Inc.

-

Class

A

(Capital

Markets)

4,028

Planet

Labs

PBC

\*

(Professional

Services)

3,363

Playstudios,

Inc.

\*

(Entertainment)

Playtika

Holding,

Corp.

\*

(Entertainment

Content)

Plexus

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

4,057

Plug

Power,

Inc.

\*

(Electrical

Equipment)

1,169

3,145

Plumas

Bancorp

(Banks)

Plymouth

Industrial

REIT,

Inc.

(Industrial

REITs)

968

Polaris

Industries,

Inc.

\*

(Leisure

Products)

3,768

Ponce

Financial

Group,

Inc.

\*

(Banks)

Porch

Group,

Inc.

\*

(Software)

1,294

Portillo's,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

Portland

General

Electric

Co.

(Electric

Utilities)

5,390

Postal

Realty

Trust,

Inc.

-

Class

A

(Office

REITs)

PotlatchDeltic

Corp.

(Specialized

REITs)

3,361

Powell

Industries,

Inc.

(Electrical

Equipment)

3,834

Power

Integrations,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

2,555

Power

Solutions

International,

Inc.

\*

(Machinery)

599

Powerfleet,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

678

PRA

Group,

Inc.

\*

(Consumer

Finance)

576

Prairie

Operating

Co.

\*

(Software)

Praxis

Precision

Medicines,

Inc.

\*

(Biotechnology)

4,373

Precigen,

Inc.

\*(a)

(Biotechnology)

662

Preferred

Bank

(Banks)

1,173

Preformed

Line

Products

Co.

(Electrical

Equipment)

636

Premier,

Inc.

-

Class

A

(Health

Care

Providers

&

Services)

2,475

Prestige

Consumer

Healthcare,

Inc.

\*

(Pharmaceuticals)

3,212

PriceSmart,

Inc.

(Consumer

Staples

Distribution

&

Retail)

3,102

Prime

Medicine,

Inc.

\*

(Biotechnology)

Primis

Financial

Corp.

(Banks)

Primoris

Services

Corp.

(Construction

&

Engineering)

8,208

Princeton

Bancorp,

Inc.

(Banks)

Priority

Technology

Holdings,

Inc.

\*

(Financial

Services)

Privia

Health

Group,

Inc.

\*

(Health

Care

Providers

&

Services)

2,989

ProAssurance

Corp.

\*

(Insurance)

1,317

PROCEPT

BioRobotics

Corp.

\*

(Health

Care

Equipment

&

Supplies)

1,906

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Pro-Dex,

Inc.

\*

(Medical

Equipment

&

Devices)

$

Proficient

Auto

Logistics,

Inc.

\*

(Ground

Transportation)

ProFrac

Holding

Corp.

\*

-

Class

A

(Energy

Equipment

&

Services)

PROG

Holdings,

Inc.

(Consumer

Finance)

1,215

Progress

Software

Corp.

(Software)

1,961

Progyny,

Inc.

\*

(Health

Care

Providers

&

Services)

1,497

ProPetro

Holding

Corp.

\*

(Energy

Equipment

&

Services)

893

PROS

Holdings,

Inc.

\*

(Software)

1,083

Protagonist

Therapeutics,

Inc.

\*

(Biotechnology)

4,874

Protalix

Biotherapeutics

Inc

\*

(Biotech

&

Pharma)

Protara

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

Prothena

Corp.

PLC

\*

(Biotechnology)

Proto

Labs,

Inc.

\*

(Machinery)

1,244

Provident

Bancorp,

Inc.

\*

(Banks)

Provident

Financial

Services,

Inc.

(Banks)

2,524

PTC

Therapeutics,

Inc.

\*

(Biotechnology)

5,670

PubMatic,

Inc.

\*

-

Class

A

(Media)

Pulmonx

Corp.

\*

(Health

Care

Equipment

&

Supplies)

Pulse

Biosciences,

Inc.

\*(a)

(Health

Care

Equipment

&

Supplies)

Puma

Biotechnology,

Inc.

\*

(Biotechnology)

Pure

Cycle

Corp.

\*

(Water

Utilities)

PureCycle

Technologies,

Inc.

\*(a)

(Chemicals)

1,610

Q2

Holdings,

Inc.

\*

(Software)

4,138

QCR

Holdings,

Inc.

(Banks)

1,339

Quad/Graphics,

Inc.

(Commercial

Services

&

Supplies)

Quaker

Chemical

Corp.

(Chemicals)

2,083

Qualys,

Inc.

\*

(Software)

4,807

Quanex

Building

Products

Corp.

(Building

Products)

696

Quanterix

Corp.

\*

(Life

Sciences

Tools

&

Services)

Quantum

Computing

Inc

\*(a)

(Software)

2,407

Quantum-Si,

Inc.

\*

(Life

Sciences

Tools

&

Services)

QuidelOrtho

Corp.

\*

(Health

Care

Equipment

&

Supplies)

1,970

QuinStreet,

Inc.

\*

(Interactive

Media

&

Services)

858

Rackspace

Technology,

Inc.

\*

(IT

Services)

Radian

Group,

Inc.

(Financial

Services)

4,922

Radiant

Logistics,

Inc.

\*

(Air

Freight

&

Logistics)

RadNet,

Inc.

\*

(Health

Care

Providers

&

Services)

5,547

Ramaco

Resources,

Inc.

-

Class

A

(Metals

&

Mining)

941

Rambus,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

11,929

Ranger

Bermuda

Topco

Ltd.

\*

(Insurance)

Ranger

Energy

Services,

Inc.

(Energy

Equipment

&

Services)

Ranpak

Holdings

Corp.

\*

(Containers

&

Packaging)

Rapid7,

Inc.

\*

(Software)

1,259

Rapport

Therapeutics,

Inc.

\*

(Pharmaceuticals)

550

Rayonier

Advanced

Materials,

Inc.

\*

(Chemicals)

RBB

Bancorp

(Banks)

RCI

Hospitality

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

RCM

TECHNOLOGIES,

INC.

\*

(Technology

Services)

RE/MAX

Holdings,

Inc.

\*

-

Class

A

(Real

Estate

Management

&

Development)

Ready

Capital

Corp.

(a) (Mortgage

REITs)

522

Recursion

Pharmaceuticals,

Inc.

\*

-

Class

A

(Biotechnology)

2,164

Red

Cat

Holdings,

Inc.

\*

(Aerospace

&

Defense)

1,024

Red

River

Bancshares,

Inc.

(Banks)

Red

Rock

Resorts,

Inc.

-

Class

A

(Hotels,

Restaurants

&

Leisure)

2,772

Red

Violet,

Inc.

\*

(Software)

644

Redwire

Corp.

\*

(Aerospace

&

Defense)

Redwood

Trust,

Inc.

(Mortgage

REITs)

754

Common

Stocks,

continued

Shares

Value

REGENXBIO,

Inc.

\*

(Biotechnology)

$

639

Regional

Management

Corp.

(Consumer

Finance)

Relay

Therapeutics,

Inc.

\*

(Biotechnology)

1,014

Remitly

Global,

Inc.

\*

(Financial

Services)

2,871

Renasant

Corp.

(Banks)

3,397

Repay

Holdings

Corp.

\*

(Financial

Services)

Replimune

Group,

Inc.

\*

(Biotechnology)

720

ReposiTrak,

Inc.

(Software)

Repro-Med

Systems,

Inc.

\*

(Medical

Equipment

&

Devices)

Republic

Bancorp,

Inc.

\*

-

Class

A

(Banks)

593

Reservoir

Media,

Inc.

\*

(Entertainment)

Resideo

Technologies,

Inc.

\*

(Building

Products)

6,335

Resolute

Holdings

Management,

Inc.

\*

(Asset

Management)

Resources

Connection,

Inc.

(Professional

Services)

REV

Group,

Inc.

(Machinery)

2,666

Revolve

Group,

Inc.

\*

(Specialty

Retail)

951

REX

American

Resources

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

1,025

Rezolute,

Inc.

\*

(Biotechnology)

774

Rezolve

AI

PLC

\*

(Software)

674

RGC

Resources,

Inc.

(Gas

Utilities)

Rhinebeck

BanCorp,

Inc.

\*

(Banking)

Rhythm

Pharmaceuticals,

Inc.

\*

(Biotechnology)

6,371

Ribbon

Communications,

Inc.

\*

(Communications

Equipment)

Richardson

Electronics,

Ltd.

(Electronic

Equipment,

Instruments

&

Components)

Richmond

Mutual

BanCorp,

Inc.

\*

(Banking)

Richtech

Robotics,

Inc.

\*

(Machinery)

Rigel

Pharmaceuticals,

Inc.

\*

(Biotechnology)

600

Rigetti

Computing,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

15,140

Riley

Exploration

Permian,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

Rimini

Street,

Inc.

\*

(Software)

Riot

Platforms,

Inc.

\*

(Software)

7,378

Riverview

Bancorp,

Inc.

\*

(Banking)

RLJ

Lodging

Trust

(Hotel

&

Resort

REITs)

1,081

Rocket

Pharmaceuticals,

Inc.

\*

(Biotechnology)

Rocky

Brands,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

Rogers

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,751

Root,

Inc.

\*

-

Class

A

(Insurance)

966

RPC,

Inc.

(Energy

Equipment

&

Services)

Rumble,

Inc.

\*

(Internet

Media

&

Services)

782

Rush

Enterprises,

Inc.

-

Class

A

(Trading

Companies

&

Distributors)

3,212

Rush

Enterprises,

Inc.

-

Class

B

(Trading

Companies

&

Distributors)

Rush

Street

Interactive,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

1,611

RXO,

Inc.

\*

(Ground

Transportation)

3,086

RxSight,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Ryerson

Holding

Corp.

(Metals

&

Mining)

640

Ryman

Hospitality

Properties,

Inc.

(Hotel

&

Resort

REITs)

5,736

S&T

Bancorp,

Inc.

(Banks)

1,502

Sable

Offshore

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

847

Sabra

Health

Care

REIT,

Inc.

(Health

Care

REITs)

4,544

Sabre

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

793

Safe

Builders,

Inc.

(Marine

Transportation)

Safehold,

Inc.

(Specialized

REITs)

866

Safety

Insurance

Group,

Inc.

(Insurance)

1,100

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Sally

Beauty

Holdings,

Inc.

\*

(Specialty

Retail)

$

1,632

Sana

Biotechnology,

Inc.

\*(a)

(Biotechnology)

708

Sanara

Medtech,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

SandRidge

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

Sanmina

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

7,675

SANUWAVE

Health,

Inc.

\*

(Medical

Equipment

&

Devices)

Sapiens

International

Corp.

N.V.

(Software)

1,421

Satellogic,

Inc.

\*

(Telecommunications)

Saul

Centers,

Inc.

(Retail

REITs)

Savara,

Inc.

\*

(Biotechnology)

510

Savers

Value

Village,

Inc.

\*

(Broadline

Retail)

SB

Financial

Group

\*

(Banking)

SBC

Medical

Group

Holdings,

Inc.

\*

(Health

Care

Facilities

&

Services)

ScanSource,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

944

Scholar

Rock

Holding

Corp.

\*

(Biotechnology)

2,547

Scholastic

Corp.

(Media)

631

Schrodinger,

Inc.

\*

(Health

Care

Technology)

1,262

Scilex

Holding

Co.

\*

(Biotech

&

Pharma)

Scorpio

Tankers,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

2,962

Seacoast

Banking

Corp.

of

Florida

(Banks)

2,757

SEACOR

Marine

Holdings,

Inc.

\*

(Energy

Equipment

&

Services)

Seadrill,

Ltd.

\*

(Energy

Equipment

&

Services)

2,115

Seaport

Entertainment

Group

Inc

\*

(Real

Estate

Owners

&

Developers)

SeaWorld

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

1,404

Security

National

Financial

Corp.

\*

-

Class

A

(Specialty

Finance)

Select

Energy

Services,

Inc.

-

Class

A

(Energy

Equipment

&

Services)

1,156

Select

Medical

Holdings

Corp.

(Health

Care

Providers

&

Services)

1,660

Selective

Insurance

Group,

Inc.

(Insurance)

4,896

Selectquote,

Inc.

\*

(Insurance)

SELLAS

Life

Sciences

Group,

Inc.

\*(a)

(Biotech

&

Pharma)

Semler

Scientific,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

SEMrush

Holdings,

Inc.

\*

(Software)

Semtech

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

6,311

Seneca

Foods

Corp.

\*

-

Class

A

(Food

Products)

539

Sensient

Technologies

Corp.

(Chemicals)

4,242

Septerna,

Inc.

\*

(Pharmaceuticals)

Serve

Robotics,

Inc.

\*

(Internet

Media

&

Services)

662

Service

Properties

Trust

(Hotel

&

Resort

REITs)

ServisFirst

Bancshares,

Inc.

(Banks)

3,865

Seven

Hills

Realty

Trust

(Mortgage

REITs)

Sezzle,

Inc.

\*

(Financial

Services)

1,114

SFL

Corp.,

Ltd.

(Oil,

Gas

&

Consumable

Fuels)

970

Shake

Shack,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

4,054

Shenandoah

Telecommunications

Co.

(Diversified

Telecommunication

Services)

665

Shoals

Technologies

Group,

Inc.

\*

-

Class

A

(Electrical

Equipment)

1,892

Shoe

Carnival,

Inc.

(Specialty

Retail)

Shore

Bancshares,

Inc.

(Banks)

515

ShotSpotter,

Inc.

\*

(Software)

Common

Stocks,

continued

Shares

Value

Shoulder

Innovations,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

$

Shutterstock,

Inc.

(Interactive

Media

&

Services)

651

SI-BONE,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

608

Siebert

Financial

Corp.

\*

(Asset

Management)

Sierra

Bancorp

(Banks)

SIGA

Technologies,

Inc.

(Pharmaceuticals)

Sight

Sciences,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Signet

Jewelers,

Ltd.

(Specialty

Retail)

4,251

Sila

Realty

Trust,

Inc.

\*

(Health

Care

REITs)

1,422

Silicon

Laboratories,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

4,588

Silvaco

Group,

Inc.

\*

(Software)

Silvercrest

Asset

Management

Group,

Inc.

-

Class

A

(Capital

Markets)

Simmons

First

National

Corp.

-

Class

A

(Banks)

2,642

Simulations

Plus,

Inc.

(Health

Care

Technology)

Sinclair,

Inc.

(Media)

560

Sionna

Therapeutics,

Inc.

\*

(Medical

Equipment

&

Devices)

SiriusPoint,

Ltd.

\*

(Insurance)

2,002

SITE

Centers

Corp.

(Retail

REITs)

SiTime

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

6,662

Six

Flags

Entertainment

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

2,367

SJW

Group

\*

(Water

Utilities)

1,573

Skillsoft

Corp.

\*

(Software)

Sky

Harbour

Group

Corp.

\*

(Transportation

Infrastructure)

Skyward

Specialty

Insurance

Group,

Inc.

\*

(Insurance)

1,732

SkyWater

Technology,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

SkyWest,

Inc.

\*

(Passenger

Airlines)

4,321

SKYX

Platforms

Corp.

\*

(Electrical

Equipment)

SL

Green

Realty

Corp.

(Office

REITs)

3,953

Sleep

Number

Corp.

\*

(Specialty

Retail)

Slide

Insurance

Holdings,

Inc.

\*

(Insurance)

SM

Energy

Co.

(Oil,

Gas

&

Consumable

Fuels)

2,549

SmartFinancial,

Inc.

(Banks)

560

Smartstop

Self

Storage

REIT,

Inc.

\*

(REITS

&

Real

Estate

Management)

1,134

Smith

&

Wesson

Brands,

Inc.

(Leisure

Products)

Smith-Midland

Corp.

\*

(Construction

Materials)

Solaris

Energy

Infrastructure,

Inc.

\*

(Energy

Equipment

&

Services)

2,076

Soleno

Therapeutics,

Inc.

\*

(Biotechnology)

3,022

Solesence,

Inc.

\*

(Household

Products)

Solid

Biosciences,

Inc.

\*

(Biotechnology)

Solid

Power,

Inc.

\*

(Automobile

Components)

1,024

Sonic

Automotive,

Inc.

-

Class

A

(Specialty

Retail)

1,016

Sonida

Senior

Living,

Inc.

\*

(Health

Care

Providers

&

Services)

Sonos,

Inc.

\*

(Household

Durables)

2,163

Sound

Financial

Bancorp,

Inc.

\*

(Banking)

SoundHound

AI,

Inc.

\*(a)

-

Class

A

(Software)

6,907

South

Plains

Financial,

Inc.

(Banks)

511

Southern

California

BanCorp

\*

(Banks)

Southern

First

Bancshares,

Inc.

\*

(Banks)

Southern

Missouri

Bancorp,

Inc.

(Banks)

524

Southland

Holdings,

Inc.

\*

(Construction

&

Engineering)

Southside

Bancshares,

Inc.

(Banks)

872

Southwest

Gas

Holdings,

Inc.

(Gas

Utilities)

5,486

Spectrum

Brands

Holdings,

Inc.

(Household

Products)

1,401

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Sphere

Entertainment

Co.

\*

(Entertainment)

$

2,054

Spire

Global,

Inc.

\*

(Professional

Services)

Spire,

Inc.

(Gas

Utilities)

5,357

Spok

Holdings,

Inc.

(Wireless

Telecommunication

Services)

Sprinklr,

Inc.

\*

-

Class

A

(Software)

926

Sprout

Social,

Inc.

\*

-

Class

A

(Software)

565

SPS

Commerce,

Inc.

\*

(Software)

3,372

SPX

Technologies,

Inc.

\*

(Machinery)

11,642

Spyre

Therapeutics,

Inc.

\*

(Biotechnology)

1,296

SR

BanCorp,

Inc.

\*

(Banking)

SSR

Mining,

Inc.

\*

(Metals

&

Mining)

4,918

STAAR

Surgical

Co.

\*

(Health

Care

Equipment

&

Supplies)

1,371

Stagwell,

Inc.

\*

(Media)

589

Standard

BioTools,

Inc.

\*

(Life

Sciences

Tools

&

Services)

Standard

Motor

Products,

Inc.

(Automobile

Components)

854

Standex

International

Corp.

(Machinery)

3,032

Starz

Entertainment

Corp.

\*

(Entertainment)

Steelcase,

Inc.

-

Class

A

(Commercial

Services

&

Supplies)

1,436

Stellar

Bancorp,

Inc.

(Banks)

1,472

Stepan

Co.

(Chemicals)

997

StepStone

Group,

Inc.

-

Class

A

(Capital

Markets)

4,566

Stereotaxis,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Sterling

Infrastructure,

Inc.

\*

(Construction

&

Engineering)

12,092

Steven

Madden,

Ltd.

(Textiles,

Apparel

&

Luxury

Goods)

2,611

Stewart

Information

Services

Corp.

(Insurance)

2,048

Stitch

Fix,

Inc.

\*

-

Class

A

(Specialty

Retail)

Stock

Yards

Bancorp,

Inc.

(Banks)

1,821

Stoke

Therapeutics,

Inc.

\*

(Biotechnology)

1,442

StoneCo,

Ltd.

\*

(Financial

Services)

5,115

StoneX

Group,

Inc.

\*

(Capital

Markets)

4,504

Strata

Critical

Medical,

Inc.

\*

-

Class

A

(Passenger

Airlines)

Strategic

Education,

Inc.

(Diversified

Consumer

Services)

1,900

Strattec

Security

Corporation

\*

(Automobile

Components)

Stratus

Properties,

Inc.

\*

(Real

Estate

Management

&

Development)

Strawberry

Fields

REIT,

Inc.

(Health

Care

REITs)

Stride,

Inc.

\*

(Diversified

Consumer

Services)

3,130

Sturm

Ruger

&

Co.,

Inc.

(Leisure

Products)

721

Summit

Hotel

Properties,

Inc.

(Hotel

&

Resort

REITs)

601

Summit

Midstream

Corp.

\*

(Oil

&

Gas

Producers)

Sun

Country

Airlines

Holdings,

Inc.

\*

(Passenger

Airlines)

675

SunCoke

Energy,

Inc.

(Metals

&

Mining)

729

SunOpta,

Inc.

\*

(Food

Products)

532

Sunrise

Realty

Trust,

Inc.

\*

(Mortgage

REITs)

Sunrun,

Inc.

\*

(Electrical

Equipment)

4,650

Sunstone

Hotel

Investors,

Inc.

(Hotel

&

Resort

REITs)

1,805

Super

Group

SGHC,

Ltd.

(Hotels,

Restaurants

&

Leisure)

1,836

Superior

Group

of

Cos.,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

Supernus

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

3,198

Surgery

Partners,

Inc.

\*

(Health

Care

Providers

&

Services)

1,820

Surmodics,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Common

Stocks,

continued

Shares

Value

Sweetgreen,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

$

698

SWK

Holdings

Corp.

\*

(Financial

Services)

Sylvamo

Corp.

(Paper

&

Forest

Products)

1,502

Synaptics,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

2,909

Synchronoss

Technologies,

Inc.

\*

(Software)

Syndax

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,247

Tactile

Systems

Technology,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Talkspace,

Inc.

\*

(Health

Care

Providers

&

Services)

Talos

Energy,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

1,265

Tandem

Diabetes

Care,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,008

Tanger,

Inc.

(Retail

REITs)

3,907

Tango

Therapeutics,

Inc.

\*

(Biotechnology)

624

Target

Hospitality

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

Tarsus

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

2,890

Taylor

Morrison

Home

Corp.

\*

(Household

Durables)

6,164

Taysha

Gene

Therapies,

Inc.

\*

(Biotechnology)

1,126

TechTarget,

Inc.

\*

(Media)

Tecnoglass,

Inc.

(Building

Products)

1,550

Tectonic

Therapeutic,

Inc.

\*

(Biotech

&

Pharma)

Teekay

Corp.

\*

(Transportation

&

Logistics)

539

Teekay

Tankers,

Ltd.

-

Class

A

(Transportation

&

Logistics)

1,586

TEGNA,

Inc.

(Media)

3,384

Tejon

Ranch

Co.

\*

(Real

Estate

Management

&

Development)

Teladoc

Health,

Inc.

\*

(Health

Care

Technology)

1,623

Telephone

and

Data

Systems,

Inc.

(Wireless

Telecommunication

Services)

4,154

Telos

Corp.

\*

(Software)

Tenable

Holdings,

Inc.

\*

(Software)

3,773

Tennant

Co.

(Machinery)

1,600

Terawulf,

Inc.

\*

(Software)

4,712

Terex

Corp.

(Machinery)

3,175

Terns

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

636

Terreno

Realty

Corp.

(Industrial

REITs)

6,227

TETRA

Technologies,

Inc.

\*

(Energy

Equipment

&

Services)

960

Tevogen

Bio

Holdings,

Inc.

\*

(Biotechnology)

Texas

Capital

Bancshares,

Inc.

\*

(Banks)

4,108

TG

Therapeutics,

Inc.

\*

(Biotechnology)

5,391

The

Andersons,

Inc.

(Consumer

Staples

Distribution

&

Retail)

1,621

The

Arena

Group

Holdings,

Inc.

\*

(Advertising

&

Marketing)

The

Baldwin

Insurance

Group,

Inc.

\*

(Insurance)

1,658

The

Bancorp,

Inc.

\*

(Banks)

3,203

The

Bank

of

NT

Butterfield

&

Son,

Ltd.

(Banks)

2,082

The

Beauty

Health

Co.

\*

(Personal

Care

Products)

The

Brink's

Co.

(Commercial

Services

&

Supplies)

5,002

The

Buckle,

Inc.

(Specialty

Retail)

1,863

The

Cheesecake

Factory,

Inc.

(Hotels,

Restaurants

&

Leisure)

2,490

The

Chefs'

Warehouse,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

2,301

The

Chemours

Co.

\*

(Chemicals)

2,156

The

E.W.

Scripps

Co.

\*

-

Class

A

(Media)

The

Eastern

Co.

(Machinery)

The

Ensign

Group,

Inc.

(Health

Care

Providers

&

Services)

10,806

The

First

Bancorp,

Inc.

(Banks)

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

The

GEO

Group,

Inc.

\*

(Commercial

Services

&

Supplies)

$

2,461

The

Goodyear

Tire

&

Rubber

Co.

\*

(Automobile

Components)

1,929

The

Gorman-Rupp

Co.

(Machinery)

989

The

Greenbrier

Cos.,

Inc.

(Machinery)

1,337

The

Hackett

Group,

Inc.

(IT

Services)

The

Hain

Celestial

Group,

Inc.

\*

(Food

Products)

The

Honest

Co.,

Inc.

\*

(Personal

Care

Products)

The

Joint

Corp.

\*

(Health

Care

Providers

&

Services)

The

Lovesac

Co.

\*

(Household

Durables)

The

Macerich

Co.

(Retail

REITs)

4,665

The

Manitowoc

Co.,

Inc.

\*

(Machinery)

The

Marcus

Corp.

(Entertainment)

The

ODP

Corp.

\*

(Specialty

Retail)

836

The

Pennant

Group,

Inc.

\*

(Health

Care

Providers

&

Services)

890

The

Real

Brokerage,

Inc.

\*

(Real

Estate

Management

&

Development)

The

RealReal,

Inc.

\*

(Specialty

Retail)

1,245

The

RMR

Group,

Inc.

-

Class

A

(Real

Estate

Management

&

Development)

The

Simply

Good

Foods

Co.

\*

(Food

Products)

1,957

The

St.

Joe

Co.

(Real

Estate

Management

&

Development)

2,328

The

Vita

Coco

Co.,

Inc.

\*

(Beverages)

1,935

The

York

Water

Co.

(Water

Utilities)

Theravance

Biopharma,

Inc.

\*

(Pharmaceuticals)

601

Thermon

Group

Holdings,

Inc.

\*

(Electrical

Equipment)

1,006

Third

Coast

Bancshares,

Inc.

\*

(Banks)

515

ThredUp,

Inc.

\*

-

Class

A

(Specialty

Retail)

870

Thryv

Holdings,

Inc.

\*

(Media)

Tidewater,

Inc.

\*

(Energy

Equipment

&

Services)

2,681

Tile

Shop

Holdings,

Inc.

\*

(Specialty

Retail)

Timberland

Bancorp,

Inc./WA

(Banks)

TimkenSteel

Corp.

\*

(Metals

&

Mining)

686

Tiptree,

Inc.

(Insurance)

Titan

America

SA

\*

(Construction

Materials)

Titan

International,

Inc.

\*

(Machinery)

Titan

Machinery,

Inc.

\*

(Trading

Companies

&

Distributors)

Tompkins

Financial

Corp.

(Banks)

888

Tonix

Pharmaceuticals

Holding

Corp.

\*

(Biotech

&

Pharma)

Tootsie

Roll

Industries,

Inc.

\*

(Food

Products)

671

Topgolf

Callaway

Brands

Corp.

\*

(Leisure

Products)

1,327

Torrid

Holdings,

Inc.

\*

(Specialty

Retail)

TowneBank

(Banks)

2,568

TPG

RE

Finance

Trust,

Inc.

(Mortgage

REITs)

623

Traeger,

Inc.

\*

(Household

Durables)

Transcat,

Inc.

\*

(Trading

Companies

&

Distributors)

727

Transcontinental

Realty

Investors,

Inc.

\*

(Real

Estate

Management

&

Development)

TransMedics

Group,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

4,735

Transocean,

Ltd.

\*

(Energy

Equipment

&

Services)

913

3,506

TRAVELZOO

INC.

\*

(Internet

Media

&

Services)

Travere

Therapeutics,

Inc.

\*

(Biotechnology)

3,305

Treace

Medical

Concepts,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Tredegar

Corp.

\*

(Metals

&

Mining)

TreeHouse

Foods,

Inc.

\*

(Food

Products)

983

Trevi

Therapeutics,

Inc.

\*

(Pharmaceuticals)

1,096

Tri

Pointe

Homes,

Inc.

\*

(Household

Durables)

2,930

TriCo

Bancshares

(Banks)

1,415

Common

Stocks,

continued

Shares

Value

Triller

Group,

Inc.

\*

(Internet

Media

&

Services)

$

TriMas

Corp.

(Containers

&

Packaging)

1,279

TriNet

Group,

Inc.

(Professional

Services)

1,920

Trinity

Industries,

Inc.

(Machinery)

2,409

Trinseo

PLC

\*

(Chemicals)

TripAdvisor,

Inc.

\*

(Interactive

Media

&

Services)

2,008

TriSalus

Life

Sciences,

Inc.

\*

(Biotech

&

Pharma)

Triumph

Financial,

Inc.

\*

(Banks)

1,307

Tronox

Holdings

PLC

-

Class

A

(Chemicals)

TrueBlue,

Inc.

\*

(Professional

Services)

TrueCar,

Inc.

\*

(Interactive

Media

&

Services)

Trupanion,

Inc.

\*

(Insurance)

1,600

TrustCo

Bank

Corp.

(Banks)

754

Trustmark

Corp.

(Banks)

2,270

TSS

Inc/MD

\*

(Engineering

&

Construction)

TTEC

Holdings,

Inc.

(Professional

Services)

TTM

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

7,258

Tucows,

Inc.

\*

-

Class

A

(IT

Services)

TuHURA

Biosciences,

Inc.

\*

(Biotech

&

Pharma)

Turning

Point

Brands,

Inc.

(Tobacco)

1,618

Turtle

Beach

Corp.

\*

(Technology

Hardware,

Storage

&

Peripherals)

Tutor

Perini

Corp.

\*

(Construction

&

Engineering)

3,233

Tvardi

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

Twist

Bioscience

Corp.

\*

(Biotechnology)

2,072

Two

Harbors

Investment

Corp.

(Mortgage

REITs)

1,089

TXNM

Energy,

Inc.

(Electric

Utilities)

5,907

Tyra

Biosciences,

Inc.

\*

(Biotechnology)

U.S.

Physical

Therapy,

Inc.

(Health

Care

Providers

&

Services)

1,380

Udemy,

Inc.

\*

(Diversified

Consumer

Services)

592

UFP

Industries,

Inc.

(Building

Products)

5,988

UFP

Technologies,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,541

Ultra

Clean

Holdings,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,316

UMB

Financial

Corp.

(Banks)

8,336

UMH

Properties,

Inc.

(Residential

REITs)

1,236

UniFirst

Corp.

(Commercial

Services

&

Supplies)

2,470

Union

Bankshares,

Inc./Morrisville

VT

(Banking)

Unisys

Corp.

\*

(IT

Services)

United

Bankshares,

Inc.

\*

(Banks)

5,440

United

Community

Banks,

Inc.

(Banks)

3,825

United

Fire

Group,

Inc.

(Insurance)

695

United

Insurance

Holdings

Corp.

\*

(Insurance)

United

Natural

Foods,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

2,410

United

Security

Bancshares/Fresno

CA

\*

(Banking)

United

States

Antimony

Corp.

\*

(Metals

&

Mining)

799

United

States

Lime

&

Minerals,

Inc.

(Construction

Materials)

1,407

Uniti

Group,

Inc.

(Specialized

REITs)

887

Unitil

Corp.

(Multi-Utilities)

829

Unity

Bancorp,

Inc.

(Banks)

Universal

Corp.

(Tobacco)

1,318

Universal

Health

Realty

Income

Trust

(Health

Care

REITs)

535

Universal

Insurance

Holdings,

Inc.

(Insurance)

832

Universal

Logistics

Holdings,

Inc.

(Ground

Transportation)

Universal

Technical

Institute,

Inc.

\*

(Diversified

Consumer

Services)

1,486

Univest

Financial

Corp.

(Banks)

910

Upbound

Group,

Inc.

(Specialty

Retail)

1,085

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Upstart

Holdings,

Inc.

\*

(Consumer

Finance)

$

4,276

Upstream

Bio,

Inc.

\*

(Biotechnology)

905

Upwork,

Inc.

\*

(Professional

Services)

2,104

Uranium

Energy

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

6,898

Urban

Edge

Properties

(Retail

REITs)

2,615

Urban

Outfitters,

Inc.

\*

(Specialty

Retail)

4,264

UroGen

Pharma,

Ltd.

\*

(Biotechnology)

798

US

Gold

Corp.

\*

(Metals

&

Mining)

US

Goldmining,

Inc.

\*

(Metals

&

Mining)

USANA

Health

Sciences,

Inc.

\*

(Personal

Care

Products)

USCB

Financial

Holdings,

Inc.

(Banks)

Utah

Medical

Products,

Inc.

(Health

Care

Equipment

&

Supplies)

Utz

Brands,

Inc.

(Food

Products)

811

V2X,

Inc.

\*

(Aerospace

&

Defense)

1,199

VAALCO

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

Valaris,

Ltd.

\*

(Energy

Equipment

&

Services)

3,816

Valhi,

Inc.

(Chemicals)

Valley

National

Bancorp

(Banks)

519

5,642

Value

Line,

Inc.

(Capital

Markets)

Vanda

Pharmaceuticals,

Inc.

\*

(Biotechnology)

Varex

Imaging

Corp.

\*

(Health

Care

Equipment

&

Supplies)

514

Varonis

Systems,

Inc.

\*

(Software)

4,157

Vaxcyte,

Inc.

\*

(Biotechnology)

5,524

Veeco

Instruments,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,754

Velocity

Financial,

Inc.

\*

(Financial

Services)

Vera

Therapeutics,

Inc.

\*

(Biotechnology)

1,565

Veracyte,

Inc.

\*

(Biotechnology)

3,031

Verastem,

Inc.

\*

(Biotechnology)

Verde

Clean

Fuels,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

Vericel

Corp.

\*

(Biotechnology)

1,893

Verint

Systems,

Inc.

\*

(Software)

1,298

Verra

Mobility

Corp.

\*

(Professional

Services)

3,968

Vertex,

Inc.

\*

-

Class

A

(Software)

1,603

Vestis

Corp.

(Commercial

Services

&

Supplies)

646

Viad

Corp.

\*

(Commercial

Services

&

Supplies)

816

Viant

Technology,

Inc.

\*

-

Class

A

(Software)

Viasat,

Inc.

\*

(Communications

Equipment)

5,016

Viavi

Solutions,

Inc.

\*

(Communications

Equipment)

4,195

Vicor

Corp.

\*

(Electrical

Equipment)

2,268

Victoria's

Secret

&

Co.

\*

(Specialty

Retail)

2,609

Victory

Capital

Holdings,

Inc.

-

Class

A

(Capital

Markets)

2,927

Viemed

Healthcare,

Inc.

\*

(Health

Care

Providers

&

Services)

Village

Super

Market,

Inc.

-

Class

A

(Consumer

Staples

Distribution

&

Retail)

Vimeo,

Inc.

\*

(Interactive

Media

&

Services)

1,232

Vir

Biotechnology,

Inc.

\*

(Biotechnology)

566

Virco

Mfg.

Corp.

(Commercial

Services

&

Supplies)

Virginia

National

Bankshares

Corp.

(Banks)

Viridian

Therapeutics,

Inc.

\*

(Biotechnology)

1,772

Virtus

Investment

Partners,

Inc.

(Capital

Markets)

1,140

Vishay

Intertechnology,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

2,207

Vishay

Precision

Group,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

Visteon

Corp.

(Automobile

Components)

3,108

Vital

Energy,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

503

Vital

Farms,

Inc.

\*

(Food

Products)

1,215

Vitesse

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

696

Vivid

Seats,

Inc.

\*

-

Class

A

(Entertainment)

Vox

Royalty

Corp.

\*

(Metals

&

Mining)

Common

Stocks,

continued

Shares

Value

Voyager

Technologies,

Inc.

\*

(Aerospace

&

Defense)

$

Voyager

Therapeutics,

Inc.

\*

(Biotechnology)

Vroom,

Inc.

\*

(Specialty

Finance)

VSE

Corp.

(Commercial

Services

&

Supplies)

4,336

VTEX

\*

(Software)

Vuzix

Corp.

\*

(Technology

Hardware)

W&T

Offshore,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

Wabash

National

Corp.

(Machinery)

WaFd,

Inc.

(Banks)

572

Waldencast

PLC

\*

-

Class

A

(Personal

Care

Products)

Walker

&

Dunlop,

Inc.

(Financial

Services)

2,797

Warby

Parker,

Inc.

\*

-

Class

A

(Specialty

Retail)

2,057

Warrior

Met

Coal,

Inc.

(Metals

&

Mining)

3,799

Washington

Federal,

Inc.

(Banks)

2,439

Waterstone

Financial,

Inc.

(Financial

Services)

Watts

Water

Technologies,

Inc.

-

Class

A

(Machinery)

7,905

WaVe

Life

Sciences,

Ltd.

\*

(Pharmaceuticals)

1,085

Waystar

Holding

Corp.

\*

(Health

Care

Technology)

4,195

Co.

(Household

Products)

2,915

Weave

Communications,

Inc.

\*

(Software)

WEBTOON

Entertainment,

Inc.

\*

(Interactive

Media

&

Services)

Weis

Markets,

Inc.

(Consumer

Staples

Distribution

&

Retail)

1,140

Werner

Enterprises,

Inc.

(Ground

Transportation)

1,624

WesBanco,

Inc.

(Banks)

3,040

West

Bancorp,

Inc.

(Banks)

Westamerica

Bancorp

(Banks)

1,239

Western

New

England

Bancorp,

Inc.

\*

(Banking)

Westrock

Coffee

Co.

\*

(Food

Products)

Westwood

Holdings

Group,

Inc.

\*

(Asset

Management)

Weyco

Group,

Inc.

(Distributors)

Whitestone

REIT

(Retail

REITs)

602

WideOpenWest,

Inc.

\*

(Media)

Willdan

Group,

Inc.

\*

(Professional

Services)

1,418

Willis

Lease

Finance

Corp.

(Trading

Companies

&

Distributors)

Winmark

Corp.

(Specialty

Retail)

1,210

Winnebago

Industries,

Inc.

(Automobiles)

1,093

WisdomTree,

Inc.

(Capital

Markets)

1,543

WM

Technology,

Inc.

\*

(Software)

Wolverine

World

Wide,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

1,952

Workiva,

Inc.

\*

(Software)

4,591

World

Acceptance

Corp.

\*

(Consumer

Finance)

World

Kinect

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,525

Worthington

Enterprises,

Inc.

(Household

Durables)

1,907

Worthington

Steel,

Inc.

(Metals

&

Mining)

1,120

WSFS

Financial

Corp.

(Banks)

3,125

XCF

Global,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

Xencor,

Inc.

\*

(Biotechnology)

1,103

Xenia

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

1,304

Xenon

Pharmaceuticals,

Inc.

\*

(Biotech

&

Pharma)

3,395

Xeris

Biopharma

Holdings,

Inc.

\*

(Pharmaceuticals)

1,591

Xerox

Holdings

Corp.

(Technology

Hardware,

Storage

&

Peripherals)

XOMA

Royalty

Corp.

\*

(Biotechnology)

Xometry,

Inc.

\*

-

Class

A

(Trading

Companies

&

Distributors)

2,288

XPEL,

Inc.

\*

(Automobile

Components)

887

Xperi,

Inc.

\*

(Software)

Xponential

Fitness,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

Yelp,

Inc.

\*

(Interactive

Media

&

Services)

2,176

Yext,

Inc.

\*

(Software)

923

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Zenas

Biopharma,

Inc.

\*

(Biotechnology)

$

531

Zeta

Global

Holdings

Corp.

\*

-

Class

A

(Software)

3,580

Zevia

PBC

\*

-

Class

A

(Beverages)

Zevra

Therapeutics,

Inc.

\*

(Pharmaceuticals)

590

Ziff

Davis,

Inc.

\*

(Interactive

Media

&

Services)

1,526

ZipRecruiter,

Inc.

\*

(Interactive

Media

&

Services)

Zspace,

Inc.

\*

(Software)

Zumiez,

Inc.

\*

(Specialty

Retail)

Zurn

Elkay

Water

Solutions

Corp.

\*

(Building

Products)

7,586

Zymeworks,

Inc.

\*

(Biotechnology)

1,012

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,752,362)

3,073,980

Rights

(0.0%)

Cartesian

Therapeutics,

Inc.

\*†CVR

(Biotechnology)

–

Chinook

Therapeutics

\*†CVR

(Biotechnology)

–

TOTAL

RIGHTS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$–)

–

Trust

(0.0%)

Interest

Units

Value

Ferroglobe

Representation

and

Warranty

Insurance

\*†

(Metals

&

Mining)

$

–

TOTAL

TRUST

(Cost

$–)

–

Repurchase

Agreements

(c)(d) (38.3%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$1,861,204

$

1,861,000

1,861,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$1,861,000)

1,861,000

Collateral

for

Securities

Loaned

(e) (0.7%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(f) 34,521

$

34,521

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $34,521)

34,521

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$3,647,883)— 102.2%

4,969,501

Net

other

assets

(liabilities) —

(2.2)%

(108,951)

NET

ASSETS

—

100.0%

$

4,860,550

\*

Non-income

producing

security.

†

These

securities

were

fair

valued

based

on

procedures

approved

by

the

Board

of

Trustees.

As

of

October

31,

2025,

these

securities

represented

0.0%

of

the

net

assets

of

the

Fund.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$33,625.

(b) Number

of

shares

is

less

than

0.50. (c) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$256,000.

(d) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(e) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (f) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. ADR

American

Depositary

Receipt

CVR

Contingent

Value

Rights

REIT

Real

Estate

Investment

Trust

Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

CME

E-mini

Russell

2000

Index

Futures

Contracts

12/22/25

$

373,485

$

13,105

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Russell

2000

Index

Goldman

Sachs

International

11/28/25

4.42%

$

59,505

$

(5,135)

Russell

2000

Index

UBS

AG

11/28/25

4.57%

1,356,221

(21,835)

$1,415,726

$(26,970)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

ProFund

Small-Cap

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Advertising

&

Marketing

$

NM

Aerospace

&

Defense

59,727

1.2%

Air

Freight

&

Logistics

3,022

0.1%

Apparel

&

Textile

Products

838

NM

Asset

Management

2,904

0.1%

Automobile

Components

37,852

0.8%

Automobiles

1,307

NM

Automotive

3,839

0.1%

Banking

5,995

0.1%

Banks

279,904

5.8%

Beverages

3,274

0.1%

Biotech

&

Pharma

13,173

0.3%

Biotechnology

252,817

5.1%

Broadline

Retail

2,825

0.1%

Building

Products

40,565

0.8%

Cable

&

Satellite

624

NM

Capital

Markets

45,497

0.9%

Chemicals

47,768

1.0%

Commercial

Services

&

Supplies

50,541

1.0%

Commercial

Support

Services

NM

Communications

Equipment

29,945

0.6%

Construction

&

Engineering

75,548

1.6%

Construction

Materials

5,588

0.1%

Consumer

Finance

28,561

0.6%

Consumer

Staples

Distribution

&

Retail

14,500

0.3%

Containers

&

Packaging

6,463

0.1%

Distributors

1,488

NM

Diversified

Consumer

Services

32,089

0.7%

Diversified

Telecommunication

Services

16,191

0.3%

Electric

Utilities

39,940

0.9%

Electrical

Equipment

91,444

1.9%

Electronic

Equipment,

Instruments

&

Components

109,277

2.2%

Energy

Equipment

&

Services

53,225

1.1%

Engineering

&

Construction

548

NM

Entertainment

14,337

0.3%

Entertainment

Content

NM

Equity

REIT

-

Diversified

17,452

0.4%

Financial

Services

67,113

1.4%

Food

Products

21,531

0.4%

Forestry,

Paper

&

Wood

Products

NM

Gas

&

Water

Utilities

5,845

0.1%

Gas

Utilities

25,958

0.5%

Ground

Transportation

9,493

0.2%

Health

Care

Equipment

&

Supplies

72,394

1.5%

Health

Care

Facilities

&

Services

2,999

0.1%

Health

Care

Providers

&

Services

97,610

2.0%

Health

Care

REITs

29,394

0.6%

Health

Care

Technology

11,172

0.2%

Hotel

&

Resort

REITs

17,093

0.4%

Value

%

of

Net

Assets

Hotels,

Restaurants

&

Leisure

$

45,812

0.9%

Household

Durables

52,185

1.1%

Household

Products

8,417

0.2%

Independent

Power/Renewable

Electricity

Producers

7,060

0.1%

Industrial

Conglomerates

912

NM

Industrial

REITs

11,962

0.2%

Institutional

Financial

Services

2,334

NM

Insurance

58,001

1.2%

Interactive

Media

&

Services

17,757

0.4%

Internet

Media

&

Services

1,686

NM

IT

Services

25,680

0.5%

Leisure

Facilities

&

Services

2,781

0.1%

Leisure

Products

13,843

0.3%

Life

Sciences

Tools

&

Services

10,883

0.2%

Machinery

114,950

2.4%

Marine

Transportation

5,528

0.1%

Media

26,766

0.6%

Medical

Equipment

&

Devices

5,027

0.1%

Metals

&

Mining

62,684

1.4%

Mortgage

REITs

25,119

0.5%

Multi-Utilities

12,987

0.3%

Office

REITs

17,612

0.4%

Oil

&

Gas

Producers

917

NM

Oil

&

Gas

Services

&

Equipment

1,420

NM

Oil,

Gas

&

Consumable

Fuels

94,843

2.0%

Paper

&

Forest

Products

1,802

NM

Passenger

Airlines

16,704

0.3%

Personal

Care

Products

5,562

0.1%

Pharmaceuticals

55,932

1.2%

Professional

Services

50,433

1.0%

Real

Estate

Management

&

Development

21,419

0.5%

Real

Estate

Owners

&

Developers

NM

Real

Estate

Services

NM

REITS

&

Real

Estate

Management

1,134

NM

Renewable

Energy

5,177

0.1%

Residential

REITs

10,806

0.2%

Retail

-

Discretionary

NM

Retail

REITs

34,671

0.7%

Semiconductors

NM

Semiconductors

&

Semiconductor

Equipment

120,295

2.5%

Software

192,166

4.0%

Specialized

REITs

11,046

0.2%

Specialty

Finance

1,907

NM

Specialty

Retail

63,725

1.2%

Steel

NM

Technology

Hardware

1,699

NM

Technology

Hardware,

Storage

&

Peripherals

22,817

0.5%

Technology

Services

2,958

0.1%

Telecommunications

3,079

0.1%

Textiles,

Apparel

&

Luxury

Goods

18,601

0.4%

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

ProFund

Value

%

of

Net

Assets

Tobacco

$

2,973

0.1%

Trading

Companies

&

Distributors

31,010

0.6%

Transportation

&

Logistics

2,700

0.1%

Transportation

Infrastructure

NM

Water

Utilities

10,112

0.2%

Wholesale

-

Discretionary

NM

Wireless

Telecommunication

Services

5,223

0.1%

Other

\*\*

1,786,570

36.8%

Total

$

4,860,550

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

NM

Not

meaningful,

amount

is

less

than

0.05%

REIT

Real

Estate

Investment

Trust

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

Value

ProFund

Common

Stocks

(100.4%)

Shares

Value

A10

Networks,

Inc.

\*

(Software)

$

1,766

AAR

Corp.

\*

(Aerospace

&

Defense)

11,032

ABM

Industries,

Inc.

(Commercial

Services

&

Supplies)

9,159

Academy

Sports

&

Outdoors,

Inc.

(Specialty

Retail)

10,871

Acadia

Healthcare

Company,

Inc.

\*

(Health

Care

Providers

&

Services)

6,794

ACADIA

Pharmaceuticals,

Inc.

\*

(Biotechnology)

2,996

Acadia

Realty

Trust

(Retail

REITs)

2,651

ACM

Research,

Inc.

\*

-

Class

A

(Semiconductors

&

Semiconductor

Equipment)

3,317

Acushnet

Holdings

Corp.

(Leisure

Products)

3,171

Adamas

Trust,

Inc.

(Mortgage

REITs)

1,926

AdaptHealth

Corp.

\*

(Health

Care

Providers

&

Services)

3,299

Addus

HomeCare

Corp.

\*

(Health

Care

Providers

&

Services)

2,688

Adeia,

Inc.

(Software)

4,021

Adient

PLC

\*

(Automobile

Components)

6,424

Advance

Auto

Parts,

Inc.

(Specialty

Retail)

9,662

Advanced

Energy

Industries,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

13,379

AdvanSix,

Inc.

(Chemicals)

1,710

Air

Lease

Corp.

(Trading

Companies

&

Distributors)

22,925

Alamo

Group,

Inc.

(Machinery)

3,574

Alarm.com

Holdings,

Inc.

\*

(Software)

3,396

Albany

International

Corp.

\*

(Machinery)

2,829

Alexander

&

Baldwin,

Inc.

(Equity

REIT

-

Diversified)

3,977

Alkermes

PLC

\*

(Biotechnology)

6,232

Allegiant

Travel

Co.

\*

(Passenger

Airlines)

2,860

Alpha

and

Omega

Semiconductor,

Ltd.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,235

Alpha

Metallurgical

Resources,

Inc.

\*

(Metals

&

Mining)

2,426

Amentum

Holdings,

Inc.

\*

(Technology

Services)

524

11,743

American

Assets

Trust,

Inc.

(Equity

REIT

-

Diversified)

1,280

American

Axle

&

Manufacturing

Holdings,

Inc.

\*

(Automobile

Components)

2,517

American

Eagle

Outfitters,

Inc.

(Specialty

Retail)

551

9,207

American

States

Water

Co.

(Water

Utilities)

4,706

American

Woodmark

Corp.

\*

(Building

Products)

3,123

Ameris

Bancorp

(Banks)

8,165

AMERISAFE,

Inc.

(Insurance)

1,403

AMN

Healthcare

Services,

Inc.

\*

(Health

Care

Providers

&

Services)

2,579

Amphastar

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

1,148

Angi,

Inc.

\*

(Interactive

Media

&

Services)

1,672

Apollo

Commercial

Real

Estate

Finance,

Inc.

(Mortgage

REITs)

4,376

Apple

Hospitality

REIT,

Inc.

(Hotel

&

Resort

REITs)

4,308

Arbor

Realty

Trust,

Inc.

(a) (Mortgage

REITs)

658

6,639

ArcBest

Corp.

(Ground

Transportation)

5,796

Arcosa,

Inc.

(Construction

&

Engineering)

6,120

Arlo

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

2,959

Armada

Hoffler

Properties,

Inc.

(Equity

REIT

-

Diversified)

654

ARMOUR

Residential

REIT,

Inc.

(Mortgage

REITs)

6,245

Arrowhead

Pharmaceuticals,

Inc.

\*

(Biotechnology)

12,209

Artisan

Partners

Asset

Management,

Inc.

-

Class

A

(Capital

Markets)

5,458

Asbury

Automotive

Group,

Inc.

\*

(Specialty

Retail)

15,952

Assured

Guaranty,

Ltd.

(Insurance)

6,285

Astec

Industries,

Inc.

(Machinery)

3,676

Atlantic

Union

Bankshares

Corp.

(Banks)

15,836

Avanos

Medical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,766

Avista

Corp.

(Multi-Utilities)

10,540

Axcelis

Technologies,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,501

Common

Stocks,

continued

Shares

Value

Azenta,

Inc.

\*

(Life

Sciences

Tools

&

Services)

$

2,174

Banc

of

California,

Inc.

(Banks)

7,603

Bank

of

Hawaii

Corp.

(Banks)

4,805

BankUnited,

Inc.

(Banks)

5,571

Banner

Corp.

(Banks)

3,442

Beacon

Financial

Corporation

(Banks)

6,913

Benchmark

Electronics,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

2,366

BGC

Group,

Inc.

-

Class

A

(Capital

Markets)

562

5,137

BJ's

Restaurants,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

2,581

Blackstone

Mortgage

Trust,

Inc.

-

Class

A

(Mortgage

REITs)

546

10,091

Bloomin'

Brands,

Inc.

(Hotels,

Restaurants

&

Leisure)

1,796

Boise

Cascade

Co.

(Trading

Companies

&

Distributors)

9,023

BorgWarner,

Inc.

(Automobile

Components)

740

31,790

Brady

Corp.

-

Class

A

(Commercial

Services

&

Supplies)

4,023

Brandywine

Realty

Trust

(Office

REITs)

595

2,041

Bread

Financial

Holdings,

Inc.

(Consumer

Finance)

9,961

BrightSpring

Health

Services,

Inc.

\*

(Health

Care

Providers

&

Services)

8,626

Bristow

Group,

Inc.

\*

(Energy

Equipment

&

Services)

3,500

Cable

One,

Inc.

(Media)

2,377

Caesars

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

711

14,291

Caleres,

Inc.

(Specialty

Retail)

1,281

California

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

11,745

California

Water

Service

Group

(Water

Utilities)

9,053

Calix,

Inc.

\*

(Communications

Equipment)

8,347

Capitol

Federal

Financial,

Inc.

(Banks)

2,525

CareTrust

REIT,

Inc.

(Health

Care

REITs)

13,305

CarMax,

Inc.

\*

(Specialty

Retail)

528

22,127

Cars.com,

Inc.

\*

(Interactive

Media

&

Services)

1,171

Carter's,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

3,925

Cathay

General

Bancorp

(Banks)

5,363

Celanese

Corp.

(Chemicals)

14,376

Centerspace

(Residential

REITs)

1,481

Central

Garden

&

Pet

Co.

\*

(Household

Products)

828

Central

Garden

&

Pet

Co.

\*

-

Class

A

(Household

Products)

4,894

Central

Pacific

Financial

Corp.

(Banks)

998

Century

Communities,

Inc.

(Household

Durables)

5,287

Certara,

Inc.

\*

(Health

Care

Technology)

4,792

CEVA,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,143

Chesapeake

Utilities

Corp.

\*

(Gas

Utilities)

4,328

Clearway

Energy,

Inc.

\*

-

Class

A

(Independent

Power/

Renewable

Electricity

Producers)

3,539

Clearway

Energy,

Inc.

-

Class

C

(Independent

Power/

Renewable

Electricity

Producers)

9,068

Cohu,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,783

Community

Financial

System,

Inc.

(Banks)

3,662

Comstock

Resources,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

2,475

Concentra

Group

Holdings

Parent,

Inc.

(Health

Care

Providers

&

Services)

4,781

CONMED

Corp.

(Health

Care

Equipment

&

Supplies)

4,664

Core

Laboratories,

Inc.

(Energy

Equipment

&

Services)

1,339

CoreCivic,

Inc.

\*

(Commercial

Services

&

Supplies)

3,187

Corsair

Gaming,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

1,304

Cracker

Barrel

Old

Country

Store,

Inc.

(a) (Hotels,

Restaurants

&

Leisure)

2,561

Crescent

Energy

Co.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

636

5,361

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

Value

ProFund

Common

Stocks,

continued

Shares

Value

CSG

Systems

International,

Inc.

(Professional

Services)

$

3,600

CTS

Corp.

(Electronic

Equipment,

Instruments

&

Components)

1,660

Cushman

&

Wakefield

PLC

\*

(Real

Estate

Management

&

Development)

792

12,435

Customers

Bancorp,

Inc.

\*

(Banks)

6,779

CVB

Financial

Corp.

(Banks)

4,795

CVR

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

3,666

Cytek

Biosciences,

Inc.

\*

(Life

Sciences

Tools

&

Services)

1,463

Dana,

Inc.

(Automobile

Components)

9,115

Deluxe

Corp.

(Commercial

Services

&

Supplies)

2,771

Digi

International,

Inc.

\*

(Communications

Equipment)

1,907

Dime

Community

Bancshares,

Inc.

(Banks)

3,649

Diodes,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

8,430

DNOW,

Inc.

\*

(Trading

Companies

&

Distributors)

2,323

Donnelley

Financial

Solutions,

Inc.

\*

(Capital

Markets)

2,481

Dorian

LPG,

Ltd.

(Oil,

Gas

&

Consumable

Fuels)

3,606

DoubleVerify

Holdings,

Inc.

\*

(Software)

2,333

Douglas

Emmett,

Inc.

(Office

REITs)

3,106

DXC

Technology

Co.

\*

(IT

Services)

612

8,691

Dynavax

Technologies

Corp.

\*

(Biotechnology)

2,062

Eagle

Bancorp,

Inc.

(Banks)

1,591

Easterly

Government

Properties,

Inc.

\*

(Office

REITs)

3,178

Edgewell

Personal

Care

Co.

(Personal

Care

Products)

3,083

Element

Solutions,

Inc.

(Chemicals)

11,196

Ellington

Financial,

Inc.

(Mortgage

REITs)

4,555

Elme

Communities

(Residential

REITs)

2,040

Embecta

Corp.

(Health

Care

Equipment

&

Supplies)

2,668

Employers

Holdings,

Inc.

(Insurance)

1,449

Enact

Holdings,

Inc.

\*

(Financial

Services)

2,786

Encore

Capital

Group,

Inc.

\*

(Consumer

Finance)

3,285

Energizer

Holdings,

Inc.

(Household

Products)

2,788

Enovis

Corp.

\*

(Health

Care

Equipment

&

Supplies)

6,123

Enphase

Energy,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

13,637

Enpro,

Inc.

(Machinery)

6,264

Enviri

Corp.

\*

(Commercial

Services

&

Supplies)

3,370

ePlus,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

3,439

Ethan

Allen

Interiors,

Inc.

(Household

Durables)

1,909

Etsy,

Inc.

\*

(Broadline

Retail)

10,664

EVERTEC,

Inc.

(Financial

Services)

2,192

Everus

Construction

Group,

Inc.

\*

(Construction

&

Engineering)

8,271

eXp

World

Holdings,

Inc.

(Real

Estate

Management

&

Development)

3,144

Extreme

Networks,

Inc.

\*

(Communications

Equipment)

4,470

EZCORP,

Inc.

\*

-

Class

A

(Consumer

Finance)

3,614

FB

Financial

Corp.

(Banks)

4,267

First

Bancorp

(Banks)

6,893

First

Bancorp

(Banks)

4,151

First

Commonwealth

Financial

Corp.

\*

(Banks)

2,890

First

Financial

Bancorp

(Banks)

4,050

First

Hawaiian,

Inc.

(Banks)

5,961

FMC

Corp.

(Chemicals)

6,478

FormFactor,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

7,967

Fortrea

Holdings,

Inc.

\*

(Life

Sciences

Tools

&

Services)

3,253

Forward

Air

Corp.

\*

(Air

Freight

&

Logistics)

846

Four

Corners

Property

Trust,

Inc.

(Specialized

REITs)

3,877

Fox

Factory

Holding

Corp.

\*

(Automobile

Components)

3,162

Franklin

BSP

Realty

Trust,

Inc.

(Mortgage

REITs)

2,859

Franklin

Electric

Co.,

Inc.

(Machinery)

4,833

Common

Stocks,

continued

Shares

Value

Fresh

Del

Monte

Produce,

Inc.

(Food

Products)

$

3,995

Fulton

Financial

Corp.

(Banks)

5,732

Gates

Industrial

Corp.

PLC

\*

(Machinery)

6,602

Gentherm,

Inc.

\*

(Automobile

Components)

3,827

Genworth

Financial,

Inc.

\*

-

Class

A

(Insurance)

1,403

11,841

Getty

Realty

Corp.

(Retail

REITs)

2,798

Gibraltar

Industries,

Inc.

\*

(Building

Products)

6,301

G-III

Apparel

Group,

Ltd.

\*

(Textiles,

Apparel

&

Luxury

Goods)

3,491

Global

Net

Lease,

Inc.

(Equity

REIT

-

Diversified)

680

5,182

Gogo,

Inc.

\*

(Wireless

Telecommunication

Services)

1,265

Golden

Entertainment,

Inc.

ARS

(Hotels,

Restaurants

&

Leisure)

1,374

Grid

Dynamics

Holdings,

Inc.

\*

(IT

Services)

719

Grocery

Outlet

Holding

Corp.

\*

(Consumer

Staples

Distribution

&

Retail)

4,573

Group

Automotive,

Inc.

(Specialty

Retail)

8,746

Guess?,

Inc.

(a) (Specialty

Retail)

1,783

H.B.

Fuller

Co.

(Chemicals)

10,556

HA

Sustainable

Infrastructure

Capital,

Inc.

(Financial

Services)

5,403

Hanesbrands,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

570

3,768

Hanmi

Financial

Corp.

(Banks)

2,693

Harmonic,

Inc.

\*

(Communications

Equipment)

2,044

Hayward

Holdings,

Inc.

\*

(Building

Products)

682

11,574

Healthcare

Services

Group,

Inc.

\*

(Commercial

Services

&

Supplies)

4,414

HealthStream,

Inc.

\*

(Health

Care

Technology)

836

Heartland

Express,

Inc.

\*

(Ground

Transportation)

1,225

Hecla

Mining

Co.

(Metals

&

Mining)

1,628

20,951

Heidrick

&

Struggles

International,

Inc.

(Professional

Services)

1,868

Helen

of

Troy,

Ltd.

\*

(Household

Durables)

1,472

Helix

Energy

Solutions

Group,

Inc.

\*

(Energy

Equipment

&

Services)

1,357

Helmerich

&

Payne,

Inc.

(Energy

Equipment

&

Services)

3,755

Heritage

Financial

Corp.

\*

(Banks)

2,574

Hertz

Global

Holdings,

Inc.

\*(a)

(Ground

Transportation)

2,180

Highwoods

Properties,

Inc.

(Office

REITs)

4,122

Hillenbrand,

Inc.

(Machinery)

7,616

Hilltop

Holdings,

Inc.

\*

(Banks)

4,877

HNI

Corp.

(Commercial

Services

&

Supplies)

3,110

Hope

Bancorp,

Inc.

(Banks)

4,605

Horace

Mann

Educators

Corp.

\*

(Insurance)

6,215

Hub

Group,

Inc.

-

Class

A

(Air

Freight

&

Logistics)

7,661

IAC

Inc.

\*

(Interactive

Media

&

Services)

7,443

Ichor

Holdings,

Ltd.

\*

(Semiconductors

&

Semiconductor

Equipment)

2,654

Independent

Bank

Corp.

(Banks)

11,438

Ingevity

Corp.

\*

(Chemicals)

3,277

Innospec,

Inc.

(Chemicals)

3,090

Innovative

Industrial

Properties,

Inc.

(Industrial

REITs)

1,505

Innovex

International,

Inc.

\*

(Energy

Equipment

&

Services)

2,649

Innoviva,

Inc.

\*

(Pharmaceuticals)

1,674

Insight

Enterprises,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

10,800

Insteel

Industries,

Inc.

(Building

Products)

2,093

Integra

LifeSciences

Holdings

Corp.

\*

(Health

Care

Equipment

&

Supplies)

2,750

International

Seaways,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

3,023

J

&

J

Snack

Foods

Corp.

(Food

Products)

2,032

Jackson

Financial,

Inc.

-

Class

A

(Financial

Services)

23,993

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

Value

ProFund

Common

Stocks,

continued

Shares

Value

JBG

SMITH

Properties

(Office

REITs)

$

4,112

JetBlue

Airways

Corp.

\*

(Passenger

Airlines)

995

4,180

John

B. Sanfilippo

&

Son,

Inc.

\*

(Food

Products)

1,946

John

Bean

Technologies

Corp.

(Machinery)

12,988

John

Wiley

&

Sons,

Inc.

-

Class

A

(Media)

2,102

Kaiser

Aluminum

Corp.

\*

(Metals

&

Mining)

4,889

Kennametal,

Inc.

(Machinery)

5,707

Kennedy-Wilson

Holdings,

Inc.

(Real

Estate

Management

&

Development)

1,958

Kinetik

Holdings,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

3,158

KKR

Real

Estate

Finance

Trust,

Inc.

(Mortgage

REITs)

1,522

Knowles

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

6,918

Kohl's

Corp.

(Broadline

Retail)

6,231

Koppers

Holdings,

Inc.

\*

(Chemicals)

1,919

Korn

Ferry

(Professional

Services)

4,400

Kulicke

&

Soffa

Industries,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

7,108

Lakeland

Financial

Corp.

(Banks)

2,282

La-Z-Boy,

Inc.

(Household

Durables)

4,470

LCI

Industries

(Automobile

Components)

8,590

Leggett

&

Platt,

Inc.

(Household

Durables)

4,324

Lexington

Realty

Trust

(Industrial

REITs)

1,012

9,604

LGI

Homes,

Inc.

\*

(Household

Durables)

2,857

Liberty

Energy,

Inc.

(Energy

Equipment

&

Services)

4,509

Ligand

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

5,739

Lincoln

National

Corp.

(Insurance)

577

24,234

Lindsay

Corp.

(Machinery)

2,225

LiveRamp

Holdings,

Inc.

\*

(Software)

2,953

LTC

Properties,

Inc.

(Health

Care

REITs)

2,947

Lumen

Technologies,

Inc.

\*

(Diversified

Telecommunication

Services)

1,581

16,253

M/I

Homes,

Inc.

\*

(Household

Durables)

5,258

Mack-Cali

Realty

Corp.

(Residential

REITs)

2,283

Magnolia

Oil

&

Gas

Corp.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

5,121

ManpowerGroup,

Inc.

(Professional

Services)

4,844

Marcus

&

Millichap,

Inc.

(Real

Estate

Management

&

Development)

2,424

MarineMax,

Inc.

\*

(Specialty

Retail)

1,610

MarketAxess

Holdings,

Inc.

(Capital

Markets)

20,487

Marten

Transport,

Ltd.

(Ground

Transportation)

2,030

Masterbrand,

Inc.

\*

(Building

Products)

5,481

Materion

Corp.

(Metals

&

Mining)

8,139

Matson,

Inc.

(Marine

Transportation)

3,937

Matthews

International

Corp.

\*

-

Class

A

(Commercial

Services

&

Supplies)

2,459

MaxLinear,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

4,227

MDU

Resources

Group,

Inc.

\*

(Construction

&

Engineering)

699

13,407

Medical

Properties

Trust,

Inc.

(a) (Health

Care

REITs)

1,686

8,717

Mednax,

Inc.

\*

(Health

Care

Providers

&

Services)

4,955

Mercury

Systems,

Inc.

\*

(Aerospace

&

Defense)

13,934

Meritage

Homes

Corp.

(Household

Durables)

16,416

MGE

Energy,

Inc.

(Electric

Utilities)

3,895

MGP

Ingredients,

Inc.

\*

(Beverages)

1,162

Middlesex

Water

Co.

(Water

Utilities)

1,782

MillerKnoll,

Inc.

(Commercial

Services

&

Supplies)

3,624

Millrose

Properties

Inc

\*(a)

(Specialized

REITs)

13,238

Minerals

Technologies,

Inc.

(Chemicals)

6,072

Mister

Car

Wash,

Inc.

\*

(Diversified

Consumer

Services)

995

Moelis

&

Co.

-

Class

A

(Capital

Markets)

7,853

Monro,

Inc.

(Specialty

Retail)

1,509

MYR

Group,

Inc.

\*

(Construction

&

Engineering)

5,007

Common

Stocks,

continued

Shares

Value

Myriad

Genetics,

Inc.

\*

(Biotechnology)

$

2,557

N-able,

Inc.

\*

(Software)

1,128

National

Bank

Holdings

Corp.

-

Class

A

(Banks)

2,568

National

Beverage

Corp.

\*

(Beverages)

1,302

National

HealthCare

Corp.

(Health

Care

Providers

&

Services)

1,792

National

Presto

Industries,

Inc.

\*

(Aerospace

&

Defense)

1,925

National

Vision

Holdings,

Inc.

\*

(Specialty

Retail)

6,953

Navient

Corp.

\*

(Consumer

Finance)

2,874

NBT

Bancorp,

Inc.

(Banks)

4,047

NCR

Atleos

Corp.

\*

(Financial

Services)

5,203

NCR

Voyix

Corp.

\*(a)

(Software)

5,396

Neogen

Corp.

\*

(Health

Care

Equipment

&

Supplies)

742

4,578

NeoGenomics,

Inc.

\*

(Health

Care

Providers

&

Services)

2,384

NetScout

Systems,

Inc.

\*

(Communications

Equipment)

6,477

Newell

Brands,

Inc.

(Household

Durables)

1,434

4,876

Noble

Corp.

PLC

\*

(Energy

Equipment

&

Services)

4,638

Northwest

Bancshares,

Inc.

(Banks)

500

5,855

Northwest

Natural

Holding

Co.

\*

(Gas

Utilities)

6,374

OFG

Bancorp

(Banks)

2,436

O-I

Glass,

Inc.

\*

(Containers

&

Packaging)

527

5,950

Omnicell,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

5,270

Organon

&

Co.

(Pharmaceuticals)

889

6,001

Otter

Tail

Corp.

(Electric

Utilities)

6,100

Oxford

Industries,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

1,769

Pacira

BioSciences,

Inc.

\*

(Pharmaceuticals)

3,271

Papa

John's

International,

Inc.

(Hotels,

Restaurants

&

Leisure)

5,691

Par

Pacific

Holdings,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

6,917

Park

National

Corp.

(Banks)

2,435

Patrick

Industries,

Inc.

(Automobile

Components)

6,158

Patterson-UTI

Energy,

Inc.

(Energy

Equipment

&

Services)

1,199

7,519

PC

Connection,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

2,378

Peabody

Energy

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

11,379

Pebblebrook

Hotel

Trust

(Hotel

&

Resort

REITs)

2,123

Penguin

Solutions,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,630

PENN

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

7,901

PennyMac

Mortgage

Investment

Trust

(Mortgage

REITs)

3,588

Perdoceo

Education

Corp.

(Diversified

Consumer

Services)

3,112

Phillips

Edison

&

Co.,

Inc.

(Retail

REITs)

8,121

Phinia,

Inc.

(Automobile

Components)

3,426

Photronics,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

2,844

Pitney

Bowes,

Inc.

(Commercial

Services

&

Supplies)

2,845

Plexus

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

4,057

PRA

Group,

Inc.

\*

(Consumer

Finance)

1,823

Premier,

Inc.

-

Class

A

(Health

Care

Providers

&

Services)

7,902

Prestige

Consumer

Healthcare,

Inc.

\*

(Pharmaceuticals)

4,121

PriceSmart,

Inc.

(Consumer

Staples

Distribution

&

Retail)

9,884

Privia

Health

Group,

Inc.

\*

(Health

Care

Providers

&

Services)

2,965

ProAssurance

Corp.

\*

(Insurance)

4,191

Progyny,

Inc.

\*

(Health

Care

Providers

&

Services)

2,563

Proto

Labs,

Inc.

\*

(Machinery)

4,080

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

Value

ProFund

Common

Stocks,

continued

Shares

Value

Provident

Financial

Services,

Inc.

(Banks)

$

8,176

Qorvo,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

27,336

Quaker

Chemical

Corp.

(Chemicals)

6,528

Quanex

Building

Products

Corp.

(Building

Products)

2,231

QuidelOrtho

Corp.

\*

(Health

Care

Equipment

&

Supplies)

6,262

Radian

Group,

Inc.

(Financial

Services)

8,655

Ralliant

Corp.

\*

(Electrical

Equipment)

16,909

Ready

Capital

Corp.

(Mortgage

REITs)

529

1,550

Redwood

Trust,

Inc.

(Mortgage

REITs)

2,352

Renasant

Corp.

(Banks)

10,929

Resideo

Technologies,

Inc.

\*

(Building

Products)

20,031

REX

American

Resources

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

3,107

Reynolds

Consumer

Products,

Inc.

(Household

Products)

3,251

Robert

Half,

Inc.

(Professional

Services)

8,957

Rogers

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

4,990

RPC,

Inc.

(Energy

Equipment

&

Services)

764

Rush

Enterprises,

Inc.

-

Class

A

(Trading

Companies

&

Distributors)

3,953

RXO,

Inc.

\*

(Ground

Transportation)

5,284

S&T

Bancorp,

Inc.

\*

(Banks)

2,235

Safehold,

Inc.

(Specialized

REITs)

2,280

Safety

Insurance

Group,

Inc.

(Insurance)

3,437

Sally

Beauty

Holdings,

Inc.

\*

(Specialty

Retail)

5,107

Sandisk

Corp.

\*

(Semiconductors)

94,084

Sanmina

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

13,020

Saul

Centers,

Inc.

(Retail

REITs)

592

ScanSource,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

3,046

Schneider

National,

Inc.

\*

-

Class

B

(Ground

Transportation)

3,633

Scholastic

Corp.

(Media)

2,236

Schrodinger,

Inc.

\*

(Health

Care

Technology)

1,894

Seacoast

Banking

Corp.

of

Florida

(Banks)

8,969

Sealed

Air

Corp.

(Containers

&

Packaging)

10,254

SeaWorld

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

920

Select

Medical

Holdings

Corp.

(Health

Care

Providers

&

Services)

5,214

Sensient

Technologies

Corp.

(Chemicals)

6,506

Shenandoah

Telecommunications

Co.

(Diversified

Telecommunication

Services)

1,922

Shoe

Carnival,

Inc.

(Specialty

Retail)

1,118

Shutterstock,

Inc.

(Interactive

Media

&

Services)

2,077

Signet

Jewelers,

Ltd.

(Specialty

Retail)

13,938

Simmons

First

National

Corp.

-

Class

A

(Banks)

8,603

SiriusPoint,

Ltd.

\*

(Insurance)

6,461

SITE

Centers

Corp.

\*

(Retail

REITs)

1,319

SJW

Group

\*

(Water

Utilities)

5,180

SL

Green

Realty

Corp.

(Office

REITs)

3,749

SM

Energy

Co.

(Oil,

Gas

&

Consumable

Fuels)

4,115

SolarEdge

Technologies,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

4,983

Sonic

Automotive,

Inc.

-

Class

A

(Specialty

Retail)

3,177

Sonos,

Inc.

\*

(Household

Durables)

7,091

Southside

Bancshares,

Inc.

\*

(Banks)

2,728

Sprinklr,

Inc.

\*

-

Class

A

(Software)

1,992

STAAR

Surgical

Co.

\*

(Health

Care

Equipment

&

Supplies)

1,889

Standard

Motor

Products,

Inc.

(Automobile

Components)

2,673

Standex

International

Corp.

(Machinery)

3,265

Common

Stocks,

continued

Shares

Value

Stellar

Bancorp,

Inc.

(Banks)

$

4,650

Stepan

Co.

(Chemicals)

3,208

StepStone

Group,

Inc.

-

Class

A

(Capital

Markets)

6,453

Steven

Madden,

Ltd.

(Textiles,

Apparel

&

Luxury

Goods)

2,882

Stewart

Information

Services

Corp.

(Insurance)

6,554

StoneX

Group,

Inc.

\*

(Capital

Markets)

6,894

Strategic

Education,

Inc.

(Diversified

Consumer

Services)

6,155

Sturm

Ruger

&

Co.,

Inc.

\*

(Leisure

Products)

2,333

Summit

Hotel

Properties,

Inc.

(Hotel

&

Resort

REITs)

951

Sun

Country

Airlines

Holdings,

Inc.

\*

(Passenger

Airlines)

2,247

SunCoke

Energy,

Inc.

(Metals

&

Mining)

2,323

Sunrun,

Inc.

\*

(Electrical

Equipment)

788

16,359

Supernus

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

5,182

Talos

Energy,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

4,336

Tanger,

Inc.

(Retail

REITs)

4,168

TEGNA,

Inc.

\*

(Media)

550

10,818

Teleflex,

Inc.

(Health

Care

Equipment

&

Supplies)

18,796

Telephone

and

Data

Systems,

Inc.

(Wireless

Telecommunication

Services)

13,043

Tennant

Co.

(Machinery)

5,120

Teradata

Corp.

\*

(Software)

4,379

Terreno

Realty

Corp.

(Industrial

REITs)

10,283

The

Andersons,

Inc.

(Consumer

Staples

Distribution

&

Retail)

5,372

The

Buckle,

Inc.

(Specialty

Retail)

2,795

The

Cheesecake

Factory,

Inc.

(Hotels,

Restaurants

&

Leisure)

2,639

The

Chemours

Co.

(Chemicals)

511

6,842

The

Macerich

Co.

(Retail

REITs)

5,042

The

Simply

Good

Foods

Co.

\*

(Food

Products)

3,327

The

Wendy's

Co.

(Hotels,

Restaurants

&

Leisure)

2,545

The

Western

Union

Co.

(Financial

Services)

1,105

10,310

Thryv

Holdings,

Inc.

\*

(Media)

694

TimkenSteel

Corp.

(Metals

&

Mining)

2,164

Titan

International,

Inc.

\*

(Machinery)

1,238

Tompkins

Financial

Corp.

\*

(Banks)

1,650

Tootsie

Roll

Industries,

Inc.

\*

(Food

Products)

1,023

Topgolf

Callaway

Brands

Corp.

\*

(Leisure

Products)

4,506

TreeHouse

Foods,

Inc.

\*

(Food

Products)

2,766

Tri

Pointe

Homes,

Inc.

\*

(Household

Durables)

4,650

TripAdvisor,

Inc.

\*

(Interactive

Media

&

Services)

2,104

Triumph

Financial,

Inc.

\*

(Banks)

1,634

TrustCo

Bank

Corp.

\*

(Banks)

2,451

Trustmark

Corp.

(Banks)

7,705

TTM

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

11,357

Two

Harbors

Investment

Corp.

\*

(Mortgage

REITs)

3,470

U.S.

Physical

Therapy,

Inc.

(Health

Care

Providers

&

Services)

2,243

Ultra

Clean

Holdings,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

4,249

UniFirst

Corp.

(Commercial

Services

&

Supplies)

4,322

United

Community

Banks,

Inc.

(Banks)

12,117

United

Fire

Group,

Inc.

(Insurance)

2,267

United

Natural

Foods,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

7,794

Uniti

Group,

Inc.

\*

(Specialized

REITs)

1,884

Unitil

Corp.

(Multi-Utilities)

1,804

Universal

Corp.

\*

(Tobacco)

4,308

Universal

Health

Realty

Income

Trust

\*

(Health

Care

REITs)

841

Upbound

Group,

Inc.

\*

(Specialty

Retail)

3,469

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Small-Cap

Value

ProFund

Common

Stocks,

continued

Shares

Value

Urban

Edge

Properties

(Retail

REITs)

$

3,308

Urban

Outfitters,

Inc.

\*

(Specialty

Retail)

6,526

Veeco

Instruments,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

5,923

Vestis

Corp.

(Commercial

Services

&

Supplies)

2,016

Viasat,

Inc.

\*

(Communications

Equipment)

18,277

Viavi

Solutions,

Inc.

\*

(Communications

Equipment)

7,700

Vicor

Corp.

\*

(Electrical

Equipment)

3,085

Victoria's

Secret

&

Co.

\*

(Specialty

Retail)

9,623

Victory

Capital

Holdings,

Inc.

\*

-

Class

A

(Capital

Markets)

2,179

Vir

Biotechnology,

Inc.

\*

(Biotechnology)

1,931

Virtus

Investment

Partners,

Inc.

(Capital

Markets)

2,117

Vishay

Intertechnology,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

7,183

Vital

Energy,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

1,571

Walker

&

Dunlop,

Inc.

(Financial

Services)

9,271

Washington

Federal,

Inc.

(Banks)

7,809

Waystar

Holding

Corp.

\*

(Health

Care

Technology)

5,054

Co.

(Household

Products)

3,497

Werner

Enterprises,

Inc.

\*

(Ground

Transportation)

5,371

Westamerica

Bancorp

\*

(Banks)

1,858

Whitestone

REIT

\*

(Retail

REITs)

966

WillScot

Mobile

Mini

Holdings

Corp.

\*

(Biotech

&

Pharma)

5,155

Winnebago

Industries,

Inc.

(Automobiles)

3,620

Wolverine

World

Wide,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

2,020

World

Acceptance

Corp.

\*

(Consumer

Finance)

1,402

World

Kinect

Corp.

(Oil,

Gas

&

Consumable

Fuels)

4,912

Worthington

Enterprises,

Inc.

\*

(Household

Durables)

6,002

Worthington

Steel,

Inc.

\*

(Metals

&

Mining)

3,551

WSFS

Financial

Corp.

(Banks)

5,365

Xencor,

Inc.

\*

(Biotechnology)

2,074

Yelp,

Inc.

\*

(Interactive

Media

&

Services)

3,034

Ziff

Davis,

Inc.

\*

(Interactive

Media

&

Services)

4,746

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,905,108)

2,469,790

Collateral

for

Securities

Loaned

(b) (1.6%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(c) 40,463

40,463

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $40,463)

40,463

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$1,945,571)— 102.0%

2,510,253

Net

other

assets

(liabilities) —

(2.0)%

(50,159)

NET

ASSETS

—

100.0%

$

2,460,094

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$38,032.

(b) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (c) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. REIT

Real

Estate

Investment

Trust

Small-Cap

Value

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

26,891

1.1%

Air

Freight

&

Logistics

8,507

0.3%

Automobile

Components

77,682

3.2%

Automobiles

3,620

0.1%

Banks

248,330

10.1%

Beverages

2,464

0.1%

Biotech

&

Pharma

5,155

0.2%

Biotechnology

30,061

1.2%

Broadline

Retail

16,895

0.7%

Building

Products

50,834

2.1%

Capital

Markets

59,059

2.4%

Chemicals

81,758

3.3%

Commercial

Services

&

Supplies

45,300

1.8%

Communications

Equipment

49,222

2.0%

Construction

&

Engineering

32,805

1.3%

Consumer

Finance

22,959

0.9%

Consumer

Staples

Distribution

&

Retail

27,623

1.2%

Containers

&

Packaging

16,204

0.7%

Diversified

Consumer

Services

10,262

0.4%

Diversified

Telecommunication

Services

18,175

0.7%

Electric

Utilities

9,995

0.4%

Electrical

Equipment

36,353

1.5%

Electronic

Equipment,

Instruments

&

Components

87,552

3.6%

Energy

Equipment

&

Services

30,030

1.2%

Equity

REIT

-

Diversified

11,093

0.5%

Financial

Services

67,813

2.8%

Food

Products

15,089

0.6%

Gas

Utilities

10,702

0.4%

Ground

Transportation

25,519

1.0%

Health

Care

Equipment

&

Supplies

54,766

2.2%

Health

Care

Providers

&

Services

58,785

2.4%

Health

Care

REITs

25,810

1.0%

Health

Care

Technology

12,576

0.5%

Hotel

&

Resort

REITs

7,382

0.3%

Hotels,

Restaurants

&

Leisure

42,299

1.7%

Household

Durables

64,612

2.6%

Household

Products

15,258

0.6%

Independent

Power/Renewable

Electricity

Producers

12,607

0.5%

Industrial

REITs

21,392

0.9%

Insurance

74,337

3.0%

Interactive

Media

&

Services

22,247

1.0%

IT

Services

9,410

0.4%

Leisure

Products

10,010

0.4%

Life

Sciences

Tools

&

Services

6,890

0.3%

Machinery

70,017

2.8%

Marine

Transportation

3,937

0.2%

Media

18,227

0.7%

Metals

&

Mining

44,443

1.8%

Mortgage

REITs

49,173

2.0%

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Small-Cap

Value

ProFund

Value

%

of

Net

Assets

Multi-Utilities

$

12,344

0.5%

Office

REITs

20,308

0.8%

Oil,

Gas

&

Consumable

Fuels

74,492

3.0%

Passenger

Airlines

9,287

0.4%

Personal

Care

Products

3,083

0.1%

Pharmaceuticals

27,136

1.1%

Professional

Services

23,669

1.0%

Real

Estate

Management

&

Development

19,961

0.8%

Residential

REITs

5,804

0.2%

Retail

REITs

28,965

1.2%

Semiconductors

94,084

3.8%

Semiconductors

&

Semiconductor

Equipment

105,967

4.2%

Software

27,364

1.1%

Specialized

REITs

21,279

0.9%

Specialty

Retail

135,454

5.6%

Technology

Hardware,

Storage

&

Peripherals

1,304

0.1%

Technology

Services

11,743

0.5%

Textiles,

Apparel

&

Luxury

Goods

17,855

0.7%

Tobacco

4,308

0.2%

Trading

Companies

&

Distributors

38,224

1.6%

Water

Utilities

20,721

0.9%

Wireless

Telecommunication

Services

14,308

0.6%

Other

\*\*

(9,696)

(0.4)%

Total

$

2,460,094

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

REIT

Real

Estate

Investment

Trust

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Technology

UltraSector

ProFund

Common

Stocks

(74.2%)

Shares

Value

Accenture

PLC

-

Class

A

(IT

Services)

4,282

$

1,070,928

Adobe,

Inc.

\*

(Software)

2,916

992,344

Advanced

Micro

Devices,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

11,156

2,857,275

Akamai

Technologies,

Inc.

\*

(IT

Services)

986

74,049

Amphenol

Corp.

-

Class

A

(Electronic

Equipment,

Instruments

&

Components)

8,393

1,169,480

Analog

Devices,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

3,411

798,617

Apple,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

36,550

9,882,024

Applied

Materials,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

5,516

1,285,780

AppLovin

Corp.

\*

-

Class

A

(Software)

1,861

1,186,071

Arista

Networks,

Inc.

\*

(Communications

Equipment)

7,085

1,117,234

Autodesk,

Inc.

\*

(Software)

1,471

443,271

Broadcom,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

11,584

4,281,794

Cadence

Design

Systems,

Inc.

\*

(Software)

1,873

634,366

CDW

Corp.

(Electronic

Equipment,

Instruments

&

Components)

901

143,592

Cisco

Systems,

Inc.

(Communications

Equipment)

27,222

1,990,200

Cognizant

Technology

Solutions

Corp.

-

Class

A

(IT

Services)

3,357

244,658

Corning,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

5,359

477,380

Crowdstrike

Holdings,

Inc.

\*

-

Class

A

(Software)

1,713

930,176

Datadog,

Inc.

\*

-

Class

A

(Software)

2,222

361,764

Dell

Technologies,

Inc.

-

Class

C

(Technology

Hardware,

Storage

&

Peripherals)

2,084

337,629

EPAM

Systems,

Inc.

\*

(IT

Services)

62,636

F5,

Inc.

\*

(Communications

Equipment)

99,955

Fair

Isaac

Corp.

\*

(Software)

273,822

First

Solar,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

737

196,735

Fortinet,

Inc.

\*

(Software)

4,477

386,947

Gartner,

Inc.

\*

(IT

Services)

521

129,385

Gen

Digital,

Inc.

(Software)

3,853

101,565

GoDaddy,

Inc.

\*

-

Class

A

(IT

Services)

952

126,740

Hewlett

Packard

Enterprise

Co.

(Technology

Hardware,

Storage

&

Peripherals)

9,020

220,268

HP,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

6,457

178,665

Intel

Corp.

(Semiconductors

&

Semiconductor

Equipment)

30,088

1,203,219

International

Business

Machines

Corp.

(IT

Services)

6,403

1,968,346

Intuit,

Inc.

(Software)

1,918

1,280,361

Jabil,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

738

163,017

Keysight

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,183

216,442

KLA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

907

1,096,327

Lam

Research

Corp.

(Semiconductors

&

Semiconductor

Equipment)

8,700

1,369,902

Microchip

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

3,710

231,578

Micron

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

7,693

1,721,463

Microsoft

Corp.

(Software)

18,307

9,479,549

Monolithic

Power

Systems,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

330,645

Motorola

Solutions,

Inc.

(Communications

Equipment)

1,145

465,683

NetApp,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

1,376

162,065

NVIDIA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

60,094

12,168,433

Common

Stocks,

continued

Shares

Value

NXP

Semiconductors

N.V.

(Semiconductors

&

Semiconductor

Equipment)

1,733

$

362,405

ON

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

2,811

140,775

Oracle

Corp.

(Software)

9,864

2,590,385

Palantir

Technologies,

Inc.

\*

-

Class

A

(Software)

15,634

3,134,148

Palo

Alto

Networks,

Inc.

\*

(Software)

4,591

1,011,122

PTC,

Inc.

\*

(Software)

823

163,398

QUALCOMM,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

7,414

1,341,193

Roper

Technologies,

Inc.

(Software)

740

330,151

Salesforce,

Inc.

(Software)

6,572

1,711,415

Seagate

Technology

Holdings

PLC

(Technology

Hardware,

Storage

&

Peripherals)

1,462

374,097

ServiceNow,

Inc.

\*

(Software)

1,430

1,314,570

Skyworks

Solutions,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

1,020

79,274

Super

Micro

Computer,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

3,446

179,054

Synopsys,

Inc.

\*

(Software)

1,273

577,713

TE

Connectivity,

Ltd.

(Electronic

Equipment,

Instruments

&

Components)

2,031

501,677

Teledyne

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

169,636

Teradyne,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

1,093

198,664

Texas

Instruments,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

6,250

1,009,125

Trimble,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,636

130,471

Tyler

Technologies,

Inc.

\*

(Software)

141,449

VeriSign,

Inc.

(IT

Services)

578

138,604

Western

Digital

Corp.

\*

(Technology

Hardware,

Storage

&

Peripherals)

2,385

358,251

Workday,

Inc.

\*

-

Class

A

(Software)

1,485

356,281

Zebra

Technologies

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

94,238

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $36,638,577)

80,320,476

Repurchase

Agreements

(a)(b) (23.2%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$25,147,752

$

25,145,000

25,145,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$25,145,000)

25,145,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$61,783,577)— 97.4%

105,465,476

Net

other

assets

(liabilities) —

2.6%

2,809,120

NET

ASSETS

—

100.0%

$

108,274,596

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$14,574,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Technology

UltraSector

ProFund

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Technology

Select

Sector

Index

Goldman

Sachs

International

11/24/25

4.62%

$

41,615,606

$

1,561,682

S&P

Technology

Select

Sector

Index

UBS

AG

11/24/25

4.67%

40,895,120

1,457,939

$82,510,726

$3,019,621

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Technology

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Communications

Equipment

$

3,673,072

3.4%

Electronic

Equipment,

Instruments

&

Components

3,065,933

2.9%

IT

Services

3,815,346

3.5%

Semiconductors

&

Semiconductor

Equipment

30,673,204

28.3%

Software

27,400,868

25.3%

Technology

Hardware,

Storage

&

Peripherals

11,692,053

10.8%

Other

\*\*

27,954,120

25.8%

Total

$

108,274,596

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraBear

ProFund

Repurchase

Agreements

(a)(b) (98.5%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$4,515,494

$

4,515,000

$

4,515,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$4,515,000)

4,515,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$4,515,000)— 98.5%

4,515,000

Net

other

assets

(liabilities) —

1.5%

70,539

NET

ASSETS

—

100.0%

$

4,585,539

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$1,316,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Sold

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

E-mini

S&P

500

Futures

Contracts

12/22/25

$

(687,400)

$

(29,767)

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

500

Goldman

Sachs

International

11/28/25

(4.37)%

$

(4,056,239)

$

23,882

S&P

500

UBS

AG

11/28/25

(4.27)%

(4,425,609)

23,754

$(8,481,848)

$47,636

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraBull

ProFund

Common

Stocks

(73.3%)

Shares

Value

3M

Co.

(Industrial

Conglomerates)

1,222

$

203,463

A.O.

Smith

Corp.

(Building

Products)

17,355

Abbott

Laboratories

(Health

Care

Equipment

&

Supplies)

3,992

493,490

AbbVie,

Inc.

(Biotechnology)

4,052

883,499

Accenture

PLC

-

Class

A

(IT

Services)

1,429

357,393

Adobe,

Inc.

\*

(Software)

972

330,781

Advanced

Micro

Devices,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,721

953,023

Aflac,

Inc.

(Insurance)

1,104

118,338

Agilent

Technologies,

Inc.

(Life

Sciences

Tools

&

Services)

650

95,134

Air

Products

&

Chemicals,

Inc.

(Chemicals)

511

123,963

Airbnb,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

984

124,515

Akamai

Technologies,

Inc.

\*

(IT

Services)

24,708

Albemarle

Corp.

(Chemicals)

26,424

Alexandria

Real

Estate

Equities,

Inc.

(Office

REITs)

20,668

Align

Technology,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

21,371

Allegion

PLC

(Building

Products)

32,657

Alliant

Energy

Corp.

(Electric

Utilities)

589

39,357

Allstate

Corp.

(Insurance)

604

115,678

Alphabet,

Inc.

-

Class

A

(Interactive

Media

&

Services)

13,339

3,750,793

Alphabet,

Inc.

-

Class

C

(Interactive

Media

&

Services)

10,711

3,018,574

Altria

Group,

Inc.

(Tobacco)

3,851

217,119

Amazon.com,

Inc.

\*

(Broadline

Retail)

22,258

5,435,849

Amcor

PLC

(Containers

&

Packaging)

5,289

41,783

Ameren

Corp.

(Multi-Utilities)

620

63,252

American

Electric

Power

Co.,

Inc.

(Electric

Utilities)

1,228

147,679

American

Express

Co.

(Consumer

Finance)

1,245

449,109

American

International

Group,

Inc.

(Insurance)

1,271

100,358

American

Tower

Corp.

-

Class

A

(Specialized

REITs)

1,074

192,224

American

Water

Works

Co.,

Inc.

(Water

Utilities)

57,537

Ameriprise

Financial,

Inc.

(Capital

Markets)

97,346

AMETEK,

Inc.

(Electrical

Equipment)

530

107,118

Amgen,

Inc.

(Biotechnology)

1,235

368,561

Amphenol

Corp.

-

Class

A

(Electronic

Equipment,

Instruments

&

Components)

2,799

390,013

Analog

Devices,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

1,137

266,206

Aon

PLC

-

Class

A

(Insurance)

168,637

APA

Corp.

(Oil,

Gas

&

Consumable

Fuels)

819

18,550

Apollo

Global

Management,

Inc.

(Financial

Services)

1,055

131,147

Apple,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

34,035

9,202,042

Applied

Materials,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

1,840

428,904

AppLovin

Corp.

\*

-

Class

A

(Software)

620

395,145

Aptiv

PLC

\*

(Automobile

Components)

40,469

Arch

Capital

Group,

Ltd.

\*

(Insurance)

852

73,536

Archer-Daniels-Midland

Co.

(Food

Products)

1,102

66,704

Arista

Networks,

Inc.

\*

(Communications

Equipment)

2,364

372,779

Arthur

J. Gallagher

&

Co.

(Insurance)

588

146,700

Assurant,

Inc.

(Insurance)

24,348

AT&T,

Inc.

(Diversified

Telecommunication

Services)

16,400

405,900

Atmos

Energy

Corp.

(Gas

Utilities)

63,365

Autodesk,

Inc.

\*

(Software)

147,657

Automatic

Data

Processing,

Inc.

(Professional

Services)

930

242,079

AutoZone,

Inc.

\*

(Specialty

Retail)

139,628

AvalonBay

Communities,

Inc.

(Residential

REITs)

56,872

Avery

Dennison

Corp.

(Containers

&

Packaging)

31,480

Axon

Enterprise,

Inc.

\*

(Aerospace

&

Defense)

132,534

Baker

Hughes

Co.

(Energy

Equipment

&

Services)

2,261

109,455

Ball

Corp.

(Containers

&

Packaging)

624

29,328

Bank

of

America

Corp.

(Banks)

15,628

835,316

Baxter

International,

Inc.

(Health

Care

Equipment

&

Supplies)

1,177

21,739

Common

Stocks,

continued

Shares

Value

Becton,

Dickinson

&

Co.

(Health

Care

Equipment

&

Supplies)

657

$

117,412

Berkshire

Hathaway,

Inc.

\*

-

Class

B

(Financial

Services)

4,204

2,007,579

Best

Buy

Co.,

Inc.

(Specialty

Retail)

37,045

Biogen,

Inc.

\*

(Biotechnology)

51,989

Bio-Techne

Corp.

(Life

Sciences

Tools

&

Services)

22,400

BlackRock,

Inc.

(Capital

Markets)

357,327

Blackstone,

Inc.

(Capital

Markets)

1,690

247,822

Block,

Inc.

\*

(Financial

Services)

1,261

95,760

Booking

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

375,753

Boston

Properties,

Inc.

(Office

REITs)

24,134

Boston

Scientific

Corp.

\*

(Health

Care

Equipment

&

Supplies)

3,398

342,247

Bristol-Myers

Squibb

Co.

(Pharmaceuticals)

4,669

215,101

Broadcom,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

10,786

3,986,829

Broadridge

Financial

Solutions,

Inc.

(Professional

Services)

59,067

Brown

&

Brown,

Inc.

(Insurance)

672

53,585

Brown-Forman

Corp.

-

Class

B

(Beverages)

10,946

Builders

FirstSource,

Inc.

\*

(Building

Products)

29,275

Bunge

Global

SA

(Food

Products)

30,367

C.H.

Robinson

Worldwide,

Inc.

(Air

Freight

&

Logistics)

41,731

Cadence

Design

Systems,

Inc.

\*

(Software)

624

211,343

Camden

Property

Trust

(Residential

REITs)

24,472

Campbell

Soup

Co.

(Food

Products)

13,589

Capital

One

Financial

Corp.

(Consumer

Finance)

1,466

322,505

Cardinal

Health,

Inc.

(Health

Care

Providers

&

Services)

547

104,351

Carnival

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

2,489

71,758

Carrier

Global

Corp.

(Building

Products)

1,834

109,105

Caterpillar,

Inc.

(Machinery)

1,074

619,977

Cboe

Global

Markets,

Inc.

(Capital

Markets)

58,954

CBRE

Group,

Inc.

\*

-

Class

A

(Real

Estate

Management

&

Development)

672

102,433

CDW

Corp.

(Electronic

Equipment,

Instruments

&

Components)

47,970

Cencora,

Inc.

(Health

Care

Providers

&

Services)

150,325

Centene

Corp.

\*

(Health

Care

Providers

&

Services)

1,069

37,811

CenterPoint

Energy,

Inc.

(Multi-Utilities)

1,496

57,207

CF

Industries

Holdings,

Inc.

(Chemicals)

30,984

Charles

River

Laboratories

International,

Inc.

\*

(Life

Sciences

Tools

&

Services)

20,348

Charter

Communications,

Inc.

\*

-

Class

A

(Media)

49,574

Chevron

Corp.

(Oil,

Gas

&

Consumable

Fuels)

4,413

696,018

Chipotle

Mexican

Grill,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

3,075

97,447

Chubb,

Ltd.

(Insurance)

851

235,676

Church

&

Dwight

Co.,

Inc.

(Household

Products)

559

49,019

Cincinnati

Financial

Corp.

(Insurance)

55,343

Cintas

Corp.

(Commercial

Services

&

Supplies)

785

143,867

Cisco

Systems,

Inc.

(Communications

Equipment)

9,082

663,984

Citigroup,

Inc.

(Banks)

4,222

427,393

Citizens

Financial

Group,

Inc.

(Banks)

988

50,260

CME

Group,

Inc.

(Capital

Markets)

827

219,560

CMS

Energy

Corp.

(Multi-Utilities)

687

50,529

Cognizant

Technology

Solutions

Corp.

-

Class

A

(IT

Services)

1,121

81,698

Coinbase

Global,

Inc.

\*

-

Class

A

(Capital

Markets)

518

178,078

Colgate-Palmolive

Co.

(Household

Products)

1,853

142,773

Comcast

Corp.

-

Class

A

(Media)

8,445

235,068

Conagra

Brands,

Inc.

(Food

Products)

1,099

18,892

ConocoPhillips

(Oil,

Gas

&

Consumable

Fuels)

2,865

254,584

Consolidated

Edison,

Inc.

(Multi-Utilities)

829

80,753

Constellation

Brands,

Inc.

-

Class

A

(Beverages)

43,093

Constellation

Energy

Corp.

(Electric

Utilities)

716

269,932

Copart,

Inc.

\*

(Commercial

Services

&

Supplies)

2,039

87,697

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraBull

ProFund

Common

Stocks,

continued

Shares

Value

Corning,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

1,786

$

159,097

Corpay,

Inc.

\*

(Software)

41,656

Corteva,

Inc.

(Chemicals)

1,558

95,724

CoStar

Group,

Inc.

\*

(Real

Estate

Management

&

Development)

972

66,883

Costco

Wholesale

Corp.

(Consumer

Staples

Distribution

&

Retail)

1,016

926,033

Coterra

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,751

41,429

Crowdstrike

Holdings,

Inc.

\*

-

Class

A

(Software)

572

310,602

Crown

Castle

International

Corp.

(Specialized

REITs)

999

90,130

CSX

Corp.

(Ground

Transportation)

4,275

153,986

Cummins,

Inc.

(Machinery)

138,307

CVS

Health

Corp.

(Health

Care

Providers

&

Services)

2,909

227,338

D.R.

Horton,

Inc.

(Household

Durables)

637

94,965

Danaher

Corp.

(Life

Sciences

Tools

&

Services)

1,460

314,455

Darden

Restaurants,

Inc.

(Hotels,

Restaurants

&

Leisure)

48,280

Datadog,

Inc.

\*

-

Class

A

(Software)

741

120,642

DaVita,

Inc.

\*

(Health

Care

Providers

&

Services)

9,760

Dayforce,

Inc.

\*

(Professional

Services)

25,228

Deckers

Outdoor

Corp.

\*

(Textiles,

Apparel

&

Luxury

Goods)

27,792

Deere

&

Co.

(Machinery)

577

266,361

Dell

Technologies,

Inc.

-

Class

C

(Technology

Hardware,

Storage

&

Peripherals)

695

112,597

Delta

Air

Lines,

Inc.

(Passenger

Airlines)

1,486

85,267

Devon

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,455

47,273

Dexcom,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

898

52,282

Diamondback

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

61,715

Digital

Realty

Trust,

Inc.

(Specialized

REITs)

736

125,422

Dollar

General

Corp.

(Consumer

Staples

Distribution

&

Retail)

506

49,922

Dollar

Tree,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

44,208

Dominion

Energy,

Inc.

(Multi-Utilities)

1,957

114,856

Domino's

Pizza,

Inc.

(Hotels,

Restaurants

&

Leisure)

28,291

DoorDash,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

850

216,215

Dover

Corp.

(Machinery)

57,160

Dow,

Inc.

(Chemicals)

1,626

38,780

DTE

Energy

Co.

(Multi-Utilities)

64,517

Duke

Energy

Corp.

(Electric

Utilities)

1,782

221,503

DuPont

de

Nemours,

Inc.

(Chemicals)

960

78,384

Eastman

Chemical

Co.

(Chemicals)

15,594

Eaton

Corp.

PLC

(Electrical

Equipment)

893

340,733

eBay,

Inc.

(Broadline

Retail)

1,049

85,294

Ecolab,

Inc.

(Chemicals)

585

149,994

Edison

International

(Electric

Utilities)

883

48,901

Edwards

LifeSciences

Corp.

\*

(Health

Care

Equipment

&

Supplies)

1,345

110,895

Electronic

Arts,

Inc.

(Entertainment)

516

103,231

Elevance

Health,

Inc.

(Health

Care

Providers

&

Services)

516

163,675

Eli

Lilly

&

Co.

(Pharmaceuticals)

1,824

1,573,858

EMCOR

Group,

Inc.

(Construction

&

Engineering)

70,281

Emerson

Electric

Co.

(Electrical

Equipment)

1,291

180,185

Entergy

Corp.

(Electric

Utilities)

1,024

98,396

EOG

Resources,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,253

132,618

EPAM

Systems,

Inc.

\*

(IT

Services)

20,933

EQT

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,431

76,673

Equifax,

Inc.

(Professional

Services)

60,164

Equinix,

Inc.

(Specialized

REITs)

189,506

Equity

Residential

(Residential

REITs)

798

47,433

Erie

Indemnity

Co.

-

Class

A

(Insurance)

16,973

Common

Stocks,

continued

Shares

Value

Essex

Property

Trust,

Inc.

(Residential

REITs)

$

37,514

Everest

Group,

Ltd.

(Insurance)

30,194

Evergy,

Inc.

(Electric

Utilities)

528

40,556

Eversource

Energy

(Electric

Utilities)

851

62,812

Exelon

Corp.

(Electric

Utilities)

2,316

106,814

Expand

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

546

56,407

Expedia

Group,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

59,620

Expeditors

International

of

Washington,

Inc.

(Air

Freight

&

Logistics)

38,155

Extra

Space

Storage,

Inc.

(Specialized

REITs)

64,900

Exxon

Mobil

Corp.

(Oil,

Gas

&

Consumable

Fuels)

9,777

1,118,098

F5,

Inc.

\*

(Communications

Equipment)

33,403

FactSet

Research

Systems,

Inc.

(Capital

Markets)

22,945

Fair

Isaac

Corp.

\*

(Software)

92,934

Fastenal

Co.

(Trading

Companies

&

Distributors)

2,631

108,266

Federal

Realty

Investment

Trust

(Retail

REITs)

17,410

FedEx

Corp.

(Air

Freight

&

Logistics)

126,656

Fidelity

National

Information

Services,

Inc.

(Financial

Services)

1,199

74,961

Fifth

Third

Bancorp

(Banks)

1,519

63,221

First

Horizon

Corp.

(Banks)

—

(a) 6

First

Solar,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

65,667

FirstEnergy

Corp.

(Electric

Utilities)

1,191

54,584

Fiserv,

Inc.

\*

(Financial

Services)

1,247

83,162

Ford

Motor

Co.

(Automobiles)

8,968

117,750

Fortinet,

Inc.

\*

(Software)

1,496

129,299

Fortive

Corp.

(Machinery)

775

39,014

Fox

Corp.

-

Class

A

(Media)

31,161

Fox

Corp.

-

Class

B

(Media)

17,581

Franklin

Resources,

Inc.

(Capital

Markets)

702

15,872

Freeport-McMoRan,

Inc.

(Metals

&

Mining)

3,292

137,276

Garmin,

Ltd.

(Household

Durables)

80,655

Gartner,

Inc.

\*

(IT

Services)

42,963

GE

HealthCare

Technologies,

Inc.

(Health

Care

Equipment

&

Supplies)

1,048

78,548

GE

Vernova,

Inc.

(Electrical

Equipment)

624

365,127

Gen

Digital,

Inc.

(Software)

1,284

33,846

Generac

Holdings,

Inc.

\*

(Electrical

Equipment)

22,683

General

Dynamics

Corp.

(Aerospace

&

Defense)

580

200,042

General

Electric

Co.

(Industrial

Conglomerates)

2,434

751,985

General

Mills,

Inc.

(Food

Products)

1,226

57,144

General

Motors

Co.

(Automobiles)

2,184

150,893

Genuine

Parts

Co.

(Distributors)

40,612

Gilead

Sciences,

Inc.

(Biotechnology)

2,846

340,922

Global

Payments,

Inc.

(Financial

Services)

557

43,312

Globe

Life,

Inc.

(Insurance)

24,592

GoDaddy,

Inc.

\*

-

Class

A

(IT

Services)

42,335

Halliburton

Co.

(Energy

Equipment

&

Services)

1,955

52,472

Hasbro,

Inc.

(Leisure

Products)

23,122

HCA

Healthcare,

Inc.

(Health

Care

Providers

&

Services)

173,299

Healthpeak

Properties,

Inc.

(Health

Care

REITs)

1,593

28,594

Henry

Schein,

Inc.

\*

(Health

Care

Providers

&

Services)

14,978

Hewlett

Packard

Enterprise

Co.

(Technology

Hardware,

Storage

&

Peripherals)

3,011

73,529

Hilton

Worldwide

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

539

138,501

Hologic,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

510

37,694

Honeywell

International,

Inc.

(Industrial

Conglomerates)

1,456

293,136

Hormel

Foods

Corp.

(Food

Products)

668

14,422

Host

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

1,465

23,469

Howmet

Aerospace,

Inc.

(Aerospace

&

Defense)

924

190,298

HP,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

2,156

59,657

Hubbell,

Inc.

(Electrical

Equipment)

57,340

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraBull

ProFund

Common

Stocks,

continued

Shares

Value

Humana,

Inc.

(Health

Care

Providers

&

Services)

$

76,780

Huntington

Bancshares,

Inc.

(Banks)

3,362

51,909

Huntington

Ingalls

Industries,

Inc.

(Aerospace

&

Defense)

28,660

IDEX

Corp.

(Machinery)

29,663

IDEXX

Laboratories,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

115,830

Illinois

Tool

Works,

Inc.

(Machinery)

608

148,303

Incyte

Corp.

\*

(Biotechnology)

35,335

Ingersoll

Rand,

Inc.

(Machinery)

830

63,354

Insulet

Corp.

\*

(Health

Care

Equipment

&

Supplies)

50,082

Intel

Corp.

(Semiconductors

&

Semiconductor

Equipment)

10,038

401,420

Interactive

Brokers

Group,

Inc.

-

Class

A

(Capital

Markets)

1,020

71,767

Intercontinental

Exchange,

Inc.

(Capital

Markets)

1,314

192,225

International

Business

Machines

Corp.

(IT

Services)

2,137

656,936

International

Flavors

&

Fragrances,

Inc.

(Chemicals)

588

37,026

International

Paper

Co.

(Containers

&

Packaging)

1,211

46,793

Intuit,

Inc.

(Software)

641

427,900

Intuitive

Surgical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

824

440,246

Invesco,

Ltd.

(Capital

Markets)

1,022

24,221

Invitation

Homes,

Inc.

(Residential

REITs)

1,293

36,398

IQVIA

Holdings,

Inc.

\*

(Life

Sciences

Tools

&

Services)

84,636

Iron

Mountain,

Inc.

(Specialized

REITs)

676

69,594

J.B.

Hunt

Transport

Services,

Inc.

(Ground

Transportation)

29,382

Jabil,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

54,339

Jack

Henry

&

Associates,

Inc.

(Financial

Services)

24,873

Jacobs

Solutions,

Inc.

(Professional

Services)

42,692

Johnson

&

Johnson

(Pharmaceuticals)

5,524

1,043,318

Johnson

Controls

International

PLC

(Building

Products)

1,500

171,585

JPMorgan

Chase

&

Co.

(Banks)

6,306

1,961,922

Kellanova

(Food

Products)

615

51,082

Kenvue,

Inc.

(Personal

Care

Products)

4,403

63,271

Keurig

Dr

Pepper,

Inc.

(Beverages)

3,115

84,603

KeyCorp

(Banks)

2,137

37,590

Keysight

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

72,269

Kimberly-Clark

Corp.

(Household

Products)

760

90,980

Kimco

Realty

Corp.

(Retail

REITs)

1,552

32,064

Kinder

Morgan,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

4,484

117,436

KKR

&

Co.,

Inc.

(Capital

Markets)

1,575

186,370

KLA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

365,039

L3Harris

Technologies,

Inc.

(Aerospace

&

Defense)

124,313

Labcorp

Holdings,

Inc.

(Health

Care

Providers

&

Services)

48,252

Lam

Research

Corp.

(Semiconductors

&

Semiconductor

Equipment)

2,903

457,106

Lamb

Weston

Holdings,

Inc.

(Food

Products)

19,754

Las

Vegas

Sands

Corp.

(Hotels,

Restaurants

&

Leisure)

707

41,960

Leidos

Holdings,

Inc.

(Professional

Services)

55,808

Lennar

Corp.

-

Class

A

(Household

Durables)

521

64,484

Lennox

International,

Inc.

(Building

Products)

36,865

Linde

PLC

(Chemicals)

1,075

449,674

Live

Nation

Entertainment,

Inc.

\*

(Entertainment)

54,429

LKQ

Corp.

(Distributors)

589

18,824

Lockheed

Martin

Corp.

(Aerospace

&

Defense)

231,675

Loews

Corp.

(Insurance)

38,928

Lowe's

Cos.,

Inc.

(Specialty

Retail)

1,286

306,235

Lululemon

Athletica,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

42,635

Common

Stocks,

continued

Shares

Value

LyondellBasell

Industries

N.V.

-

Class

A

(Chemicals)

589

$

27,341

M&T

Bank

Corp.

(Banks)

65,642

Marathon

Petroleum

Corp.

(Oil,

Gas

&

Consumable

Fuels)

698

136,047

Marriott

International,

Inc.

-

Class

A

(Hotels,

Restaurants

&

Leisure)

517

134,592

Marsh

&

McLennan

Cos.,

Inc.

(Insurance)

1,128

200,953

Martin

Marietta

Materials,

Inc.

(Construction

Materials)

83,995

Masco

Corp.

(Building

Products)

31,214

MasterCard,

Inc.

-

Class

A

(Financial

Services)

1,893

1,044,917

Match

Group,

Inc.

(Interactive

Media

&

Services)

551

17,819

McCormick

&

Co.,

Inc.

(Food

Products)

581

37,277

McDonald's

Corp.

(Hotels,

Restaurants

&

Leisure)

1,637

488,531

McKesson

Corp.

(Health

Care

Providers

&

Services)

232,044

Medtronic

PLC

(Health

Care

Equipment

&

Supplies)

2,938

266,477

Merck

&

Co.,

Inc.

(Pharmaceuticals)

5,727

492,407

Meta

Platforms,

Inc.

-

Class

A

(Interactive

Media

&

Services)

4,974

3,224,893

MetLife,

Inc.

(Insurance)

1,280

102,170

Mettler-Toledo

International,

Inc.

\*

(Life

Sciences

Tools

&

Services)

67,982

MGM

Resorts

International

\*

(Hotels,

Restaurants

&

Leisure)

14,990

Microchip

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

1,238

77,276

Micron

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

2,565

573,970

Microsoft

Corp.

(Software)

17,048

8,827,624

Mid-America

Apartment

Communities,

Inc.

(Residential

REITs)

34,366

Moderna,

Inc.

\*

(Biotechnology)

794

21,565

Mohawk

Industries,

Inc.

\*

(Household

Durables)

13,523

Molina

Healthcare,

Inc.

\*

(Health

Care

Providers

&

Services)

18,979

Molson

Coors

Beverage

Co.

\*

-

Class

B

(Beverages)

17,007

Mondelez

International,

Inc.

-

Class

A

(Food

Products)

2,967

170,483

Monolithic

Power

Systems,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

110,550

Monster

Beverage

Corp.

\*

(Beverages)

1,636

109,334

Moody's

Corp.

(Capital

Markets)

169,546

Morgan

Stanley

(Capital

Markets)

2,783

456,412

Motorola

Solutions,

Inc.

(Communications

Equipment)

154,957

MSCI,

Inc.

(Capital

Markets)

104,173

Nasdaq,

Inc.

(Capital

Markets)

1,040

88,910

NetApp,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

54,061

Netflix,

Inc.

\*

(Entertainment)

974

1,089,769

Newmont

Corp.

(Metals

&

Mining)

2,519

203,964

News

Corp.

-

Class

A

(Media)

862

22,843

News

Corp.

-

Class

B

(Media)

7,770

NextEra

Energy,

Inc.

(Electric

Utilities)

4,724

384,533

NIKE,

Inc.

-

Class

B

(Textiles,

Apparel

&

Luxury

Goods)

2,723

175,878

NiSource,

Inc.

(Multi-Utilities)

1,079

45,437

Nordson

Corp.

(Machinery)

28,530

Norfolk

Southern

Corp.

(Ground

Transportation)

515

145,941

Northern

Trust

Corp.

(Capital

Markets)

56,357

Northrop

Grumman

Corp.

(Aerospace

&

Defense)

179,703

Norwegian

Cruise

Lines

Holdings,

Ltd.

\*

(Hotels,

Restaurants

&

Leisure)

1,036

23,227

NRG

Energy,

Inc.

(Electric

Utilities)

76,306

Nucor

Corp.

(Metals

&

Mining)

526

78,926

NVIDIA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

55,961

11,331,543

NVR,

Inc.

\*

(Household

Durables)

43,265

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraBull

ProFund

Common

Stocks,

continued

Shares

Value

NXP

Semiconductors

N.V.

(Semiconductors

&

Semiconductor

Equipment)

579

$

121,080

Occidental

Petroleum

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,648

67,898

Old

Dominion

Freight

Line,

Inc.

(Ground

Transportation)

59,538

Omnicom

Group,

Inc.

(Media)

33,384

ON

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

938

46,975

ONEOK,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,446

96,882

Oracle

Corp.

(Software)

3,800

997,917

O'Reilly

Automotive,

Inc.

\*

(Specialty

Retail)

1,947

183,875

Otis

Worldwide

Corp.

(Machinery)

901

83,577

PACCAR,

Inc.

(Machinery)

1,203

118,375

Packaging

Corp.

of

America

(Containers

&

Packaging)

40,131

Palantir

Technologies,

Inc.

\*

-

Class

A

(Software)

5,215

1,045,450

Palo

Alto

Networks,

Inc.

\*

(Software)

1,532

337,408

Paramount

Skydance

Corp.

\*(b)

-

Class

B

(Media)

708

10,896

Parker-Hannifin

Corp.

(Machinery)

225,666

Paychex,

Inc.

(Professional

Services)

743

86,953

Paycom

Software,

Inc.

(Professional

Services)

21,515

PayPal

Holdings,

Inc.

\*

(Financial

Services)

2,189

151,632

Pentair

PLC

(Machinery)

40,094

PepsiCo,

Inc.

(Beverages)

3,141

458,869

Pfizer,

Inc.

(Pharmaceuticals)

13,039

321,411

PG&E

Corp.

(Electric

Utilities)

5,042

80,470

Philip

Morris

International,

Inc.

(Tobacco)

3,568

514,970

Phillips

(Oil,

Gas

&

Consumable

Fuels)

926

126,066

Pinnacle

West

Capital

Corp.

(Electric

Utilities)

24,254

PNC

Financial

Services

Group,

Inc.

(Banks)

904

165,025

Pool

Corp.

(Distributors)

20,030

PPG

Industries,

Inc.

(Chemicals)

517

50,537

PPL

Corp.

(Electric

Utilities)

1,695

61,901

Principal

Financial

Group,

Inc.

(Insurance)

39,079

Prologis,

Inc.

(Industrial

REITs)

2,128

264,064

Prudential

Financial,

Inc.

(Insurance)

807

83,928

PTC,

Inc.

\*

(Software)

54,599

Public

Service

Enterprise

Group,

Inc.

(Multi-Utilities)

1,145

92,241

Public

Storage

(Specialized

REITs)

101,396

PulteGroup,

Inc.

(Household

Durables)

54,301

QUALCOMM,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

2,475

447,728

Quanta

Services,

Inc.

(Construction

&

Engineering)

153,153

Quest

Diagnostics,

Inc.

(Health

Care

Providers

&

Services)

45,043

Ralliant

Corp.

\*

(Electrical

Equipment)

Ralph

Lauren

Corp.

(Textiles,

Apparel

&

Luxury

Goods)

28,130

Raymond

James

Financial,

Inc.

(Capital

Markets)

64,579

Raytheon

Technologies

Corp.

(Aerospace

&

Defense)

3,069

547,816

Realty

Income

Corp.

(Retail

REITs)

2,097

121,584

Regency

Centers

Corp.

(Retail

REITs)

25,787

Regeneron

Pharmaceuticals,

Inc.

\*

(Biotechnology)

153,173

Regions

Financial

Corp.

(Banks)

2,045

49,489

Republic

Services,

Inc.

(Commercial

Services

&

Supplies)

96,832

ResMed,

Inc.

(Health

Care

Equipment

&

Supplies)

82,705

Revvity,

Inc.

(Life

Sciences

Tools

&

Services)

24,801

Robinhood

Markets,

Inc.

\*

-

Class

A

(Capital

Markets)

1,774

260,388

Rockwell

Automation,

Inc.

(Electrical

Equipment)

95,405

Rollins,

Inc.

(Commercial

Services

&

Supplies)

645

37,158

Roper

Technologies,

Inc.

(Software)

110,199

Ross

Stores,

Inc.

(Specialty

Retail)

750

119,190

Royal

Caribbean

Cruises,

Ltd.

\*

(Hotels,

Restaurants

&

Leisure)

580

166,361

S&P

Global,

Inc.

(Capital

Markets)

717

349,330

Common

Stocks,

continued

Shares

Value

Salesforce,

Inc.

(Software)

2,192

$

570,819

SBA

Communications

Corp.

-

Class

A

(Specialized

REITs)

47,104

Seagate

Technology

Holdings

PLC

(Technology

Hardware,

Storage

&

Peripherals)

124,358

Sempra

(Multi-Utilities)

1,498

137,726

ServiceNow,

Inc.

\*

(Software)

438,497

Simon

Property

Group,

Inc.

(Retail

REITs)

749

131,645

Skyworks

Solutions,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

26,580

SLB

Ltd.

(Energy

Equipment

&

Services)

3,420

123,325

Smurfit

WestRock

PLC

(Containers

&

Packaging)

1,197

44,193

Snap-on,

Inc.

(Machinery)

39,930

Solstice

Advanced

Materials,

Inc.

\*

(Chemicals)

16,405

Solventum

Corp.

\*

(Health

Care

Equipment

&

Supplies)

23,405

Southwest

Airlines

Co.

(Passenger

Airlines)

1,204

36,481

Stanley

Black

&

Decker,

Inc.

(Machinery)

23,973

Starbucks

Corp.

(Hotels,

Restaurants

&

Leisure)

2,607

210,828

State

Street

Corp.

(Capital

Markets)

649

75,063

Steel

Dynamics,

Inc.

(Metals

&

Mining)

49,706

STERIS

PLC

(Health

Care

Equipment

&

Supplies)

53,033

Stryker

Corp.

(Health

Care

Equipment

&

Supplies)

789

281,073

Super

Micro

Computer,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

1,149

59,702

Synchrony

Financial

(Consumer

Finance)

854

63,521

Synopsys,

Inc.

\*

(Software)

192,420

Sysco

Corp.

(Consumer

Staples

Distribution

&

Retail)

1,096

81,411

T. Rowe

Price

Group,

Inc.

(Capital

Markets)

505

51,778

Take-Two

Interactive

Software,

Inc.

\*

(Entertainment)

101,779

Tapestry,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

52,384

Targa

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

76,250

Target

Corp.

(Consumer

Staples

Distribution

&

Retail)

1,043

96,707

TE

Connectivity,

Ltd.

(Electronic

Equipment,

Instruments

&

Components)

677

167,226

Teledyne

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

57,423

Teradyne,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

66,706

Tesla,

Inc.

\*

(Automobiles)

6,437

2,938,876

Texas

Instruments,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

2,085

336,644

Texas

Pacific

Land

Corp.

(Oil,

Gas

&

Consumable

Fuels)

42,452

Textron,

Inc.

(Aerospace

&

Defense)

32,970

The

AES

Corp.

(Independent

Power/Renewable

Electricity

Producers)

1,635

22,677

The

Bank

of

New

York

Mellon

Corp.

(Capital

Markets)

1,618

174,631

The

Boeing

Co.

\*

(Aerospace

&

Defense)

1,734

348,569

The

Charles

Schwab

Corp.

(Capital

Markets)

3,915

370,046

The

Cigna

Group

(Health

Care

Providers

&

Services)

611

149,335

The

Clorox

Co.

(Household

Products)

31,489

The

Coca-Cola

Co.

(Beverages)

8,884

612,108

The

Cooper

Cos.,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

32,019

The

Estee

Lauder

Cos.,

Inc.

(Personal

Care

Products)

537

51,923

The

Goldman

Sachs

Group,

Inc.

(Capital

Markets)

695

548,611

The

Hartford

Financial

Services

Group,

Inc.

(Insurance)

646

80,220

The

Hershey

Co.

(Food

Products)

57,674

The

Home

Depot,

Inc.

(Specialty

Retail)

2,282

866,224

The

Interpublic

Group

of

Cos.,

Inc.

(Media)

840

21,554

The

J.M.

Smucker

Co.

(Food

Products)

25,473

The

Kraft

Heinz

Co.

(Food

Products)

1,953

48,298

The

Kroger

Co.

(Consumer

Staples

Distribution

&

Retail)

1,395

88,764

The

Mosaic

Co.

(Chemicals)

727

19,956

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraBull

ProFund

Common

Stocks,

continued

Shares

Value

The

Procter

&

Gamble

Co.

(Household

Products)

5,372

$

807,787

The

Progressive

Corp.

(Insurance)

1,343

276,658

The

Sherwin-Williams

Co.

(Chemicals)

532

183,508

The

Southern

Co.

(Electric

Utilities)

2,524

237,357

The

TJX

Cos.,

Inc.

(Specialty

Retail)

2,559

358,618

The

Trade

Desk,

Inc.

\*

-

Class

A

(Media)

1,022

51,386

The

Travelers

Cos.,

Inc.

(Insurance)

516

138,608

The

Walt

Disney

Co.

(Entertainment)

4,123

464,332

The

Williams

Cos.,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

2,800

162,036

Thermo

Fisher

Scientific,

Inc.

(Life

Sciences

Tools

&

Services)

867

491,926

TKO

Group

Holdings,

Inc.

\*

(Entertainment)

29,767

T-Mobile

U.S.,

Inc.

(Wireless

Telecommunication

Services)

1,110

233,156

Tractor

Supply

Co.

(Specialty

Retail)

1,213

65,635

Trane

Technologies

PLC

(Building

Products)

511

229,260

TransDigm

Group,

Inc.

\*

(Aerospace

&

Defense)

170,106

Trimble,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

545

43,464

Truist

Financial

Corp.

(Banks)

2,957

131,971

Tyler

Technologies,

Inc.

\*

(Software)

47,626

Tyson

Foods,

Inc.

-

Class

A

(Food

Products)

654

33,622

U.S.

Bancorp

(Banks)

3,569

166,601

Uber

Technologies,

Inc.

\*

(Ground

Transportation)

4,782

461,462

UDR,

Inc.

(Residential

REITs)

692

23,313

Ulta

Beauty,

Inc.

\*

(Specialty

Retail)

54,068

Union

Pacific

Corp.

(Ground

Transportation)

1,361

299,923

United

Airlines

Holdings,

Inc.

\*

(Passenger

Airlines)

742

69,778

United

Parcel

Service,

Inc.

-

Class

B

(Air

Freight

&

Logistics)

1,689

162,854

United

Rentals,

Inc.

(Trading

Companies

&

Distributors)

128,063

UnitedHealth

Group,

Inc.

(Health

Care

Providers

&

Services)

2,078

709,763

Universal

Health

Services,

Inc.

-

Class

B

(Health

Care

Providers

&

Services)

28,211

Valero

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

713

120,896

Ventas,

Inc.

(Health

Care

REITs)

1,043

76,963

Veralto

Corp.

(Commercial

Services

&

Supplies)

569

56,149

VeriSign,

Inc.

(IT

Services)

46,281

Verisk

Analytics,

Inc.

(Professional

Services)

70,003

Verizon

Communications,

Inc.

(Diversified

Telecommunication

Services)

9,670

384,286

Vertex

Pharmaceuticals,

Inc.

\*

(Biotechnology)

588

250,235

Viatris,

Inc.

(Pharmaceuticals)

2,674

27,703

VICI

Properties,

Inc.

(Specialized

REITs)

2,444

73,296

Visa,

Inc.

-

Class

A

(Financial

Services)

3,895

1,327,182

Vistra

Corp.

(Independent

Power/Renewable

Electricity

Producers)

730

137,459

Vulcan

Materials

Co.

(Construction

Materials)

87,429

W.R.

Berkley

Corp.

(Insurance)

688

49,082

W.W.

Grainger,

Inc.

(Trading

Companies

&

Distributors)

99,858

Wabtec

Corp.

(Machinery)

80,140

Walmart,

Inc.

(Consumer

Staples

Distribution

&

Retail)

10,066

1,018,477

Warner

Bros.

Discovery,

Inc.

\*

(Entertainment)

5,677

127,449

Waste

Management,

Inc.

(Commercial

Services

&

Supplies)

851

170,005

Waters

Corp.

\*

(Life

Sciences

Tools

&

Services)

47,546

WEC

Energy

Group,

Inc.

(Multi-Utilities)

738

82,457

Wells

Fargo

&

Co.

(Banks)

7,346

638,882

Welltower,

Inc.

(Health

Care

REITs)

1,535

277,897

West

Pharmaceutical

Services,

Inc.

(Life

Sciences

Tools

&

Services)

46,542

Western

Digital

Corp.

\*

(Technology

Hardware,

Storage

&

Peripherals)

795

119,417

Weyerhaeuser

Co.

(Specialized

REITs)

1,654

38,042

Common

Stocks,

continued

Shares

Value

Williams-Sonoma,

Inc.

(Specialty

Retail)

$

54,610

Willis

Towers

Watson

PLC

(Insurance)

69,821

Workday,

Inc.

\*

-

Class

A

(Software)

118,760

Wynn

Resorts,

Ltd.

(Hotels,

Restaurants

&

Leisure)

23,084

Xcel

Energy,

Inc.

(Electric

Utilities)

1,356

110,067

Xylem,

Inc.

(Machinery)

560

84,476

Yum!

Brands,

Inc.

(Hotels,

Restaurants

&

Leisure)

637

88,040

Zebra

Technologies

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

31,233

Zimmer

Biomet

Holdings,

Inc.

(Health

Care

Equipment

&

Supplies)

45,855

Zoetis,

Inc.

(Pharmaceuticals)

1,016

146,395

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $42,859,741)

133,780,172

Repurchase

Agreements

(c)(d) (26.3%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$48,053,259

$

48,048,000

48,048,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$48,048,000)

48,048,000

Collateral

for

Securities

Loaned

(e) (NM)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(f) 10,560

10,560

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $10,560)

10,560

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$90,918,301)— 99.6%

181,838,732

Net

other

assets

(liabilities) —

0.4%

650,822

NET

ASSETS

—

100.0%

$

182,489,554

\*

Non-income

producing

security.

(a) Number

of

shares

is

less

than

0.50. (b) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$10,157.

(c) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$30,899,000.

(d) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(e) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (f) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. NM

Not

meaningful,

amount

is

less

than

0.05%

REIT

Real

Estate

Investment

Trust

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraBull

ProFund

Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

E-mini

S&P

500

Futures

Contracts

12/22/25

$

24,402,700

$

1,056,634

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

500

Goldman

Sachs

International

11/28/25

4.62%

$

59,318,214

$

(360,396)

SPDR

S&P

500

ETF

Goldman

Sachs

International

11/28/25

4.53%

23,208,713

(110,262)

$82,526,927

$(470,658)

S&P

500

UBS

AG

11/28/25

4.67%

93,102,646

(523,144)

SPDR

S&P

500

ETF

UBS

AG

11/28/25

4.67%

32,050,695

(166,774)

$125,153,341

$(689,918)

$207,680,268

$(1,160,576)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

UltraBull

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

2,186,686

1.3%

Air

Freight

&

Logistics

369,396

0.2%

Automobile

Components

40,469

NM

Automobiles

3,207,519

1.8%

Banks

4,645,227

2.5%

Beverages

1,335,960

0.7%

Biotechnology

2,105,279

1.2%

Broadline

Retail

5,521,143

3.0%

Building

Products

657,316

0.4%

Capital

Markets

4,442,311

2.4%

Chemicals

1,344,294

0.7%

Commercial

Services

&

Supplies

591,708

0.3%

Communications

Equipment

1,225,123

0.7%

Construction

&

Engineering

223,434

0.1%

Construction

Materials

171,424

0.1%

Consumer

Finance

835,135

0.5%

Consumer

Staples

Distribution

&

Retail

2,305,522

1.2%

Containers

&

Packaging

233,708

0.1%

Distributors

79,466

NM

Diversified

Telecommunication

Services

790,186

0.4%

Electric

Utilities

2,065,422

1.2%

Electrical

Equipment

1,168,635

0.6%

Electronic

Equipment,

Instruments

&

Components

1,023,034

0.6%

Energy

Equipment

&

Services

285,252

0.2%

Entertainment

1,970,756

1.1%

Financial

Services

4,984,525

2.8%

Food

Products

644,781

0.4%

Gas

Utilities

63,365

NM

Value

%

of

Net

Assets

Ground

Transportation

$

1,150,232

0.6%

Health

Care

Equipment

&

Supplies

2,666,403

1.5%

Health

Care

Providers

&

Services

2,189,944

1.2%

Health

Care

REITs

383,454

0.3%

Hotel

&

Resort

REITs

23,469

NM

Hotels,

Restaurants

&

Leisure

2,351,993

1.3%

Household

Durables

351,193

0.2%

Household

Products

1,122,048

0.6%

Independent

Power/Renewable

Electricity

Producers

160,136

0.1%

Industrial

Conglomerates

1,248,584

0.7%

Industrial

REITs

264,064

0.1%

Insurance

2,243,405

1.2%

Interactive

Media

&

Services

10,012,079

5.5%

IT

Services

1,273,247

0.7%

Leisure

Products

23,122

NM

Life

Sciences

Tools

&

Services

1,215,770

0.7%

Machinery

2,086,900

1.1%

Media

481,217

0.3%

Metals

&

Mining

469,872

0.3%

Multi-Utilities

788,975

0.4%

Office

REITs

44,802

NM

Oil,

Gas

&

Consumable

Fuels

3,449,328

1.8%

Passenger

Airlines

191,526

0.1%

Personal

Care

Products

115,194

0.1%

Pharmaceuticals

3,820,193

2.0%

Professional

Services

663,509

0.4%

Real

Estate

Management

&

Development

169,316

0.1%

Residential

REITs

260,368

0.1%

Retail

REITs

328,490

0.2%

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraBull

ProFund

Value

%

of

Net

Assets

Semiconductors

&

Semiconductor

Equipment

$

20,063,246

11.0%

Software

14,983,124

8.2%

Specialized

REITs

991,614

0.6%

Specialty

Retail

2,185,128

1.2%

Technology

Hardware,

Storage

&

Peripherals

9,805,363

5.3%

Textiles,

Apparel

&

Luxury

Goods

326,819

0.2%

Tobacco

732,089

0.4%

Trading

Companies

&

Distributors

336,187

0.2%

Water

Utilities

57,537

NM

Wireless

Telecommunication

Services

233,156

0.1%

Other

\*\*

48,709,382

26.7%

Total

$

182,489,554

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

NM

Not

meaningful,

amount

is

less

than

0.05%

REIT

Real

Estate

Investment

Trust

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraChina

ProFund

Common

Stocks

(84.3%)

Shares

Value

21VIANET

GROUP

INC-ADR

\*ADR

(IT

Services)

11,307

$

117,593

Alibaba

Group

Holding,

Ltd.

ADR

(Broadline

Retail)

41,753

7,115,964

Ascentage

Pharma

Group

International

\*ADR(a)

(Biotechnology)

5,112

170,792

Atour

Lifestyle

Holdings

Ltd

\*ADR

(Hotels,

Restaurants

&

Leisure)

6,167

240,266

Autohome,

Inc.

ADR

(Interactive

Media

&

Services)

4,483

112,972

Baidu,

Inc.

\*ADR

(Interactive

Media

&

Services)

12,566

1,518,852

BeiGene,

Ltd.

\*ADR

(Biotechnology)

4,307

1,337,237

Bilibili,

Inc.

\*ADR(a)

(Entertainment)

20,607

623,363

Canaan,

Inc.

\*ADR

(Technology

Hardware,

Storage

&

Peripherals)

27,102

38,756

Chagee

Holdings

Ltd.

\*ADR(a)

(Hotels,

Restaurants

&

Leisure)

1,014

15,869

Daqo

New

Energy

Corp.

\*ADR

(Semiconductors

&

Semiconductor

Equipment)

3,735

121,985

EHang

Holdings,

Ltd.

\*ADR

(Aerospace

&

Defense)

3,747

68,982

FinVolution

Group

\*ADR

(Consumer

Finance)

8,703

53,175

Full

Truck

Alliance

Co.,

Ltd.

\*ADR

(Ground

Transportation)

59,029

767,377

GDS

Holdings,

Ltd.

\*ADR

(IT

Services)

9,434

336,794

H

World

Group,

Ltd.

ADR

(Hotels,

Restaurants

&

Leisure)

12,275

473,815

Hello

Group,

Inc.

\*ADR

(Interactive

Media

&

Services)

7,142

48,494

Hesai

Group

\*ADR

(Electrical

Equipment)

6,212

147,411

iQIYI,

Inc.

\*ADR(a)

(Entertainment)

37,743

87,186

JD.com,

Inc.

\*ADR

(Broadline

Retail)

55,701

1,840,361

JinkoSolar

Holding

Co.,

Ltd

\*ADR

(Semiconductors

&

Semiconductor

Equipment)

2,176

54,639

JOYY,

Inc.

\*ADR

(Interactive

Media

&

Services)

1,930

114,468

Kanzhun,

Ltd.

\*ADR

(Interactive

Media

&

Services)

26,369

584,337

KE

Holdings,

Inc.

\*ADR

(Real

Estate

Management

&

Development)

47,358

807,454

Kingsoft

Cloud

Holdings,

Ltd.

\*ADR(a)

(IT

Services)

11,651

146,803

Legend

Biotech

Corp.

\*ADR

(Biotechnology)

5,800

187,920

LexinFintech

Holding,

Ltd.

\*ADR

(Consumer

Finance)

8,143

39,249

Li

Auto,

Inc.

\*ADR(a)

(Automobiles)

42,705

890,399

Lufax

Holding,

Ltd.

\*ADR

(Consumer

Finance)

34,041

106,208

MINISO

Group

Holding,

Ltd.

\*ADR

(Broadline

Retail)

6,877

146,549

NetEase,

Inc.

ADR

(Entertainment)

13,139

1,840,774

New

Oriental

Education

&

Technology

Group,

Inc.

\*ADR

(Diversified

Consumer

Services)

9,342

556,503

NIO,

Inc.

\*ADR

(Automobiles)

110,757

802,988

PDD

Holdings,

Inc.

\*ADR

(Broadline

Retail)

30,004

4,046,639

Pony

AI,

Inc.

\*ADR

(Software)

11,343

211,887

Qifu

Technology,

Inc.

\*ADR

(Consumer

Finance)

7,490

180,884

RLX

Technology,

Inc.

\*ADR

(Tobacco)

43,262

105,559

Structure

Therapeutics,

Inc.

\*ADR

(Pharmaceuticals)

3,866

128,815

TAL

Education

Group

\*ADR

(Diversified

Consumer

Services)

29,726

364,441

Tencent

Music

Entertainment

Group

ADR

(Entertainment)

35,302

787,941

Common

Stocks,

continued

Shares

Value

Trip.com

Group,

Ltd.

\*ADR

(Hotels,

Restaurants

&

Leisure)

18,650

$

1,317,623

Tuya,

Inc.

\*ADR

(Software)

20,415

46,546

Up

Fintech

Holding,

Ltd.

\*ADR

(Capital

Markets)

8,958

96,567

Vipshop

Holdings,

Ltd.

ADR

(Broadline

Retail)

16,231

283,880

Weibo

Corp.

ADR

(Interactive

Media

&

Services)

6,951

75,627

WeRide,

Inc.

\*ADR

(Auto

Components)

11,018

117,562

XPeng,

Inc.

\*ADR(a)

(Automobiles)

67,271

1,580,196

Zai

Lab,

Ltd.

\*ADR(a)

(Biotechnology)

7,263

189,782

ZTO

Express

Cayman,

Inc.

ADR

(Air

Freight

&

Logistics)

29,912

556,064

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $20,552,982)

31,605,548

Repurchase

Agreements

(b)(c) (21.1%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$7,931,868

$

7,931,000

7,931,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$7,931,000)

7,931,000

Collateral

for

Securities

Loaned

(d) (8.7%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(e) 3,247,303

3,247,303

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $3,247,303)

3,247,303

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$31,731,285)— 114.1%

42,783,851

Net

other

assets

(liabilities) —

(14.1)%

(5,281,882)

NET

ASSETS

—

100.0%

$

37,501,969

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$3,216,792.

(b) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$2,712,000.

(c) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(d) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (e) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. ADR

American

Depositary

Receipt

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

China

Select

ADR

Index

(USD)

Goldman

Sachs

International

11/27/25

4.62%

$

4,956,063

$

(151,187)

S&P

China

Select

ADR

Index

(USD)

UBS

AG

11/27/25

4.47%

38,507,234

(1,255,426)

$43,463,297

$(1,406,613)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraChina

ProFund

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

UltraChina

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

68,982

0.2%

Air

Freight

&

Logistics

556,064

1.5%

Auto

Components

117,562

0.3%

Automobiles

3,273,583

8.7%

Biotechnology

1,885,731

5.1%

Broadline

Retail

13,433,393

35.7%

Capital

Markets

96,567

0.3%

Consumer

Finance

379,516

1.0%

Diversified

Consumer

Services

920,944

2.5%

Electrical

Equipment

147,411

0.4%

Entertainment

3,339,264

8.9%

Ground

Transportation

767,377

2.0%

Hotels,

Restaurants

&

Leisure

2,047,573

5.5%

Interactive

Media

&

Services

2,454,750

6.5%

IT

Services

601,190

1.6%

Pharmaceuticals

128,815

0.3%

Real

Estate

Management

&

Development

807,454

2.2%

Semiconductors

&

Semiconductor

Equipment

176,624

0.5%

Software

258,433

0.7%

Technology

Hardware,

Storage

&

Peripherals

38,756

0.1%

Tobacco

105,559

0.3%

Other

\*\*

5,896,421

15.7%

Total

$

37,501,969

100.0%

UltraChina

ProFund

invested

in

securities

with

exposure

to

the

following

countries

as

of

October

31,

2025:

Value

%

of

Net

Assets

China

$

31,605,548

84.3%

Other

\*\*

5,896,421

15.7%

Total

$

37,501,969

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraDow

ProFund

Common

Stocks

(74

.6

%)

Shares

Value

3M

Co.

(Industrial

Conglomerates)

4,052

$

674,658

Amazon.com,

Inc.

\*

(Broadline

Retail)

4,050

989,091

American

Express

Co.

(Consumer

Finance)

4,054

1,462,399

Amgen,

Inc.

(Biotechnology)

4,055

1,210,134

Apple,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

4,050

1,094,999

Caterpillar,

Inc.

(Machinery)

4,055

2,340,789

Chevron

Corp.

(Oil,

Gas

&

Consumable

Fuels)

4,051

638,924

Cisco

Systems,

Inc.

(Communications

Equipment)

4,053

296,315

Honeywell

International,

Inc.

(Industrial

Conglomerates)

4,049

815,185

International

Business

Machines

Corp.

(IT

Services)

4,051

1,245,318

Johnson

&

Johnson

(Pharmaceuticals)

4,051

765,112

JPMorgan

Chase

&

Co.

(Banks)

4,051

1,260,347

McDonald's

Corp.

(Hotels,

Restaurants

&

Leisure)

4,055

1,210,134

Merck

&

Co.,

Inc.

(Pharmaceuticals)

4,053

348,477

Microsoft

Corp.

(Software)

4,055

2,099,719

NIKE,

Inc.

-

Class

B

(Textiles,

Apparel

&

Luxury

Goods)

4,053

261,783

NVIDIA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

4,051

820,287

Salesforce,

Inc.

(Software)

4,052

1,055,181

Solstice

Advanced

Materials,

Inc.

\*

(Chemicals)

—

(a) 11

The

Boeing

Co.

\*

(Aerospace

&

Defense)

4,050

814,131

The

Coca-Cola

Co.

(Beverages)

4,054

279,321

The

Goldman

Sachs

Group,

Inc.

(Capital

Markets)

4,055

3,200,896

The

Home

Depot,

Inc.

(Specialty

Retail)

4,055

1,539,237

The

Procter

&

Gamble

Co.

(Household

Products)

4,050

608,998

The

Sherwin-Williams

Co.

(Chemicals)

4,055

1,398,732

The

Travelers

Cos.,

Inc.

(Insurance)

4,051

1,088,180

The

Walt

Disney

Co.

(Entertainment)

4,052

456,336

Common

Stocks,

continued

Shares

Value

UnitedHealth

Group,

Inc.

(Health

Care

Providers

&

Services)

4,055

$

1,385,026

Verizon

Communications,

Inc.

(Diversified

Telecommunication

Services)

4,053

161,066

Visa,

Inc.

-

Class

A

(Financial

Services)

4,055

1,381,701

Walmart,

Inc.

(Consumer

Staples

Distribution

&

Retail)

4,051

409,880

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $9,851,692)

31,312,367

Repurchase

Agreements

(b) (c) (25

.1

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$10,561,156

$

10,560,000

10,560,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$10,560,000)

10,560,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$20,411,692)— 99.7%

41,872,367

Net

other

assets

(liabilities)

—

.3

%

137,148

NET

ASSETS

—

100.0%

$

42,009,515

\*

Non-income

producing

security.

(a) Number

of

shares

is

less

than

0.50. (b) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$6,336,000.

(c) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

E-mini

Dow

Jones

Industrial

Average

Index

Futures

Contracts

12/22/25

$

1,670,270

$

57,190

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Dow

Jones

Industrial

Average

Goldman

Sachs

International

11/28/25

4.62%

$

23,554,941

$

(2,666)

SPDR

Dow

Jones

Industrial

Average

ETF

Goldman

Sachs

International

11/28/25

4.46%

9,401,140

2,644

$32,956,081

$(22)

Dow

Jones

Industrial

Average

UBS

AG

11/28/25

4.67%

15,869,623

(4,395)

SPDR

Dow

Jones

Industrial

Average

ETF

UBS

AG

11/28/25

4.67%

2,326,782

$18,196,405

$(4,086)

$51,152,486

$(4,108)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraDow

ProFund

UltraDow

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

814,131

1.9%

Banks

1,260,347

3.0%

Beverages

279,321

0.7%

Biotechnology

1,210,134

2.9%

Broadline

Retail

989,091

2.4%

Capital

Markets

3,200,896

7.7%

Chemicals

1,398,743

3.3%

Communications

Equipment

296,315

0.7%

Consumer

Finance

1,462,399

3.5%

Consumer

Staples

Distribution

&

Retail

409,880

1.0%

Diversified

Telecommunication

Services

161,066

0.4%

Entertainment

456,336

1.1%

Financial

Services

1,381,701

3.3%

Health

Care

Providers

&

Services

1,385,026

3.2%

Hotels,

Restaurants

&

Leisure

1,210,134

2.9%

Household

Products

608,998

1.4%

Industrial

Conglomerates

1,489,843

3.5%

Insurance

1,088,180

2.6%

IT

Services

1,245,318

3.0%

Machinery

2,340,789

5.7%

Oil,

Gas

&

Consumable

Fuels

638,924

1.5%

Pharmaceuticals

1,113,589

2.7%

Semiconductors

&

Semiconductor

Equipment

820,287

2.0%

Software

3,154,900

7.4%

Specialty

Retail

1,539,237

3.6%

Technology

Hardware,

Storage

&

Peripherals

1,094,999

2.6%

Textiles,

Apparel

&

Luxury

Goods

261,783

0.6%

Other

\*\*

10,697,148

25.4%

Total

$

42,009,515

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraEmerging

Markets

ProFund

Common

Stocks

(86.9%)

Shares

Value

Alibaba

Group

Holding,

Ltd.

ADR

(Broadline

Retail)

16,370

$

2,789,938

Ambev

S.A.

ADR(a)

(Beverages)

31,022

71,661

America

Movil

S.A.B.

de

C.V.

ADR(a)

(Wireless

Telecommunication

Services)

6,601

150,305

ASE

Technology

Holding

Co.,

Ltd.

ADR

(Semiconductors

&

Semiconductor

Equipment)

12,733

203,855

Baidu,

Inc.

\*ADR

(Interactive

Media

&

Services)

2,028

245,124

Banco

Bradesco

S.A.

ADR

(Banks)

38,548

130,292

Banco

de

Chile

ADR

(Banks)

1,694

59,138

BeiGene

,

Ltd.

\*ADR

(Biotechnology)

527

163,623

Bilibili

,

Inc.

\*ADR(a)

(Entertainment)

2,104

63,646

Cemex

S.A.B.

de

C.V.

ADR

(Construction

Materials)

11,035

112,005

Centrais

Eletricas

Brasileiras

S.A.

ADR

(Electric

Utilities)

6,654

68,869

Chunghwa

Telecom

Co.,

Ltd.

ADR

(Diversified

Telecommunication

Services)

2,771

117,989

Cia

de

Saneamento

Basico

do

Estado

de

Sao

Paulo

SABESP

ADR

(Water

Utilities)

3,339

81,939

Dr.

Reddy's

Laboratories,

Ltd.

ADR

(Pharmaceuticals)

4,441

59,021

Embraer

S.A.

\*ADR

(Aerospace

&

Defense)

1,268

81,761

Fomento

Economico

Mexicano

S.A.B.

de

C.V.

ADR

(Beverages)

1,239

116,912

Full

Truck

Alliance

Co.,

Ltd.

ADR

(Ground

Transportation)

6,025

78,325

Gold

Fields,

Ltd.

ADR

(Metals

&

Mining)

6,524

250,587

Grupo

Aeroportuario

del

Pacifico

S.A.B.

de

C.V.

ADR

(Transportation

Infrastructure)

61,871

Harmony

Gold

Mining

Co.,

Ltd.

ADR

(Metals

&

Mining)

3,979

65,693

HDFC

Bank,

Ltd.

ADR

(Banks)

25,926

939,039

ICICI

Bank,

Ltd.

ADR

(Banks)

18,589

563,247

Infosys,

Ltd.

ADR

(a) (IT

Services)

25,741

426,529

Itau

Unibanco

Holding

S.A.

ADR

(Banks)

38,857

285,987

JD.com,

Inc.

ADR

(Broadline

Retail)

10,566

349,101

Kanzhun

,

Ltd.

ADR

(Interactive

Media

&

Services)

2,692

59,655

KB

Financial

Group,

Inc.

ADR

(Banks)

2,586

210,552

KE

Holdings,

Inc.

ADR

(Real

Estate

Management

&

Development)

4,834

82,420

Korea

Electric

Power

Corporation

\*ADR

(Electric

Utilities)

3,744

56,422

Li

Auto,

Inc.

\*ADR(a)

(Automobiles)

4,359

90,885

NetEase

,

Inc.

ADR

(Entertainment)

2,493

349,270

New

Oriental

Education

&

Technology

Group,

Inc.

\*ADR

(Diversified

Consumer

Services)

954

56,830

NIO,

Inc.

\*ADR

(Automobiles)

11,306

81,969

PDD

Holdings,

Inc.

\*ADR

(Broadline

Retail)

4,719

636,451

Petroleo

Brasileiro

S.A.

ADR

(Oil,

Gas

&

Consumable

Fuels)

13,562

157,862

POSCO

Holdings,

Inc.

ADR

(Metals

&

Mining)

2,195

119,891

Shinhan

Financial

Group

Co.,

Ltd.

ADR

(Banks)

3,362

173,782

Sociedad

Quimica

y

Minera

de

Chile

S.A.

ADR

(Chemicals)

1,041

50,999

Suzano

S.A.

ADR

(Paper

&

Forest

Products)

4,884

44,103

Taiwan

Semiconductor

Manufacturing

Co.,

Ltd.

ADR

(Semiconductors

&

Semiconductor

Equipment)

10,040

3,016,317

Telekomunikasi

Indonesia

Persero

Tbk

.

\*ADR

(Diversified

Telecommunication

Services)

3,322

65,078

Tencent

Music

Entertainment

Group

ADR

(Entertainment)

3,604

80,441

Common

Stocks,

continued

Shares

Value

Trip.com

Group,

Ltd.

\*ADR

(Hotels,

Restaurants

&

Leisure)

4,431

$

313,050

United

Microelectronics

Corp.

ADR

(a) (Semiconductors

&

Semiconductor

Equipment)

17,208

132,674

Vale

S.A.

ADR

(Metals

&

Mining)

26,139

316,020

Wipro,

Ltd.

ADR

(a) (IT

Services)

22,161

58,283

Woori

Financial

Group,

Inc.

ADR

(Banks)

1,660

89,009

XPeng

,

Inc.

\*ADR(a)

(Automobiles)

5,337

125,366

ZTO

Express

Cayman,

Inc.

ADR

(Air

Freight

&

Logistics)

3,053

56,755

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $9,097,821)

13,960,541

Preferred

Stocks

(1.1%)

Petroleo

Brasileiro

S.A.

ADR

(Oil,

Gas

&

Consumable

Fuels)

16,080

177,684

TOTAL

PREFERRED

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $109,651)

177,684

Repurchase

Agreements

(b)(c) (20.9%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$3,363,368

$

3,363,000

3,363,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$3,363,000)

3,363,000

Collateral

for

Securities

Loaned

(d) (6.1%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(e) 978,226

978,226

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $978,226)

978,226

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$13,548,698)— 115.0%

18,479,451

Net

other

assets

(liabilities) —

(15.0)%

(2,408,097)

NET

ASSETS

—

100.0%

$

16,071,354

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$955,236.

(b) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$560,000.

(c) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(d) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (e) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. ADR

American

Depositary

Receipt

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Emerging

ADR

Index

(USD)

Goldman

Sachs

International

11/27/25

4.62%

$

10,526,275

$

(147,919)

S&P

Emerging

ADR

Index

(USD)

UBS

AG

11/27/25

4.67%

7,515,288

(159,201)

$18,041,563

$(307,120)

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraEmerging

Markets

ProFund

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

UltraEmerging

Markets

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

81,761

0.5%

Air

Freight

&

Logistics

56,755

0.4%

Automobiles

298,220

1.9%

Banks

2,451,046

15.3%

Beverages

188,573

1.1%

Biotechnology

163,623

1.0%

Broadline

Retail

3,775,490

23.4%

Chemicals

50,999

0.3%

Construction

Materials

112,005

0.7%

Diversified

Consumer

Services

56,830

0.4%

Diversified

Telecommunication

Services

183,067

1.1%

Electric

Utilities

125,291

0.8%

Entertainment

493,357

3.1%

Ground

Transportation

78,325

0.5%

Hotels,

Restaurants

&

Leisure

313,050

1.9%

Interactive

Media

&

Services

304,779

1.9%

IT

Services

484,812

3.0%

Metals

&

Mining

752,191

4.7%

Oil,

Gas

&

Consumable

Fuels

335,546

2.1%

Paper

&

Forest

Products

44,103

0.3%

Pharmaceuticals

59,021

0.4%

Real

Estate

Management

&

Development

82,420

0.5%

Semiconductors

&

Semiconductor

Equipment

3,352,846

20.9%

Transportation

Infrastructure

61,871

0.4%

Water

Utilities

81,939

0.5%

Wireless

Telecommunication

Services

150,305

0.9%

Other

\*\*

1,933,129

12.0%

Total

$

16,071,354

100.0%

UltraEmerging

Markets

ProFund

invested

in

securities

with

exposure

to

the

following

countries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Brazil

$

1,416,178

8.8%

Chile

110,137

0.7%

China

5,622,849

35.0%

India

2,046,119

12.7%

Indonesia

65,078

0.4%

Mexico

441,093

2.7%

South

Africa

316,280

2.0%

South

Korea

649,656

4.1%

Taiwan

3,470,835

21.6%

Other

\*\*

1,933,129

12.0%

Total

$

16,071,354

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraInternational

ProFund

Repurchase

Agreements

(a) (b) (111

.2

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$4,469,489

$

4,469,000

$

4,469,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$4,469,000)

4,469,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$4,469,000)— 111.2%

4,469,000

Net

other

assets

(liabilities)

—

(11

.2)

%

(448,941)

NET

ASSETS

—

100.0%

$

4,020,059

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$240,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

MSCI

EAFE

Index

Goldman

Sachs

International

11/27/25

4.52%

$

4,433,260

$

(78,793)

MSCI

EAFE

Index

UBS

AG

11/27/25

4.67%

3,622,452

(75,850)

$8,055,712

$(154,643)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraJapan

ProFund

Repurchase

Agreements

(a)(b) (74.5%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$23,575,580

$

23,573,000

$

23,573,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$23,573,000)

23,573,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$23,573,000)— 74.5%

23,573,000

Net

other

assets

(liabilities) —

25.5%

8,080,592

NET

ASSETS

—

100.0%

$

31,653,592

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$30,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Nikkei

Index

Futures

Contracts

12/12/25

$

63,093,800

$

8,650,628

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Nikkei

Stock

Average

Goldman

Sachs

International

11/27/25

4.32%

$

226,943

$

6,874

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraLatin

America

ProFund

Common

Stocks

(79.0%)

Shares

Value

Ambev

S.A.

\*ADR(a)

(Beverages)

91,837

$

212,143

America

Movil

S.A.B.

de

C.V.

\*ADR(a)

(Wireless

Telecommunication

Services)

19,630

446,975

Banco

Bradesco

S.A.

ADR

(Banks)

101,887

344,378

Banco

de

Chile

\*ADR

(Banks)

5,008

174,829

BANCO

SANTANDER

CHILE

ADR

\*ADR

(Banks)

3,354

96,260

Cemex

S.A.B.

de

C.V.

ADR

(Construction

Materials)

33,041

335,366

Centrais

Eletricas

Brasileiras

S.A.

\*ADR

(Electric

Utilities)

19,689

203,781

Cia

De

Minas

Buenaventura

S.A.A

\*ADR

(Metals

&

Mining)

5,156

117,402

Cia

de

Saneamento

Basico

do

Estado

de

Sao

Paulo

SABESP

\*ADR

(Water

Utilities)

9,887

242,627

Cia

Energetica

de

Minas

Gerais

ADR

(Electric

Utilities)

41,092

85,883

Cia

Paranaense

de

Energia

-

Copel

ADR

(Electric

Utilities)

5,622

58,132

Coca-Cola

FEMSA

SAB

de

CV

\*ADR

(Beverages)

1,132

97,295

Corp

Inmobiliaria

Vesta

SAB

de

CV

ADR

(Real

Estate

Management

&

Development)

1,906

57,885

Ecopetrol

S.A.

\*ADR(a)

(Oil,

Gas

&

Consumable

Fuels)

5,328

49,657

Embraer

S.A.

\*ADR

(Aerospace

&

Defense)

3,756

242,187

Fomento

Economico

Mexicano

S.A.B.

de

C.V.

ADR

(Beverages)

3,663

345,641

Gerdau

S.A.

\*ADR

(Metals

&

Mining)

28,260

98,627

Grupo

Aeroportuario

del

Centro

Norte

\*ADR

(Transportation

Infrastructure)

725

71,500

Grupo

Aeroportuario

del

Pacifico

S.A.B.

de

C.V.

\*ADR

(Transportation

Infrastructure)

881

183,530

Grupo

Aeroportuario

del

Sureste

S.A.B.

de

C.V.

\*ADR

(Transportation

Infrastructure)

111,866

Grupo

Cibest,

S.A.

\*ADR

(Banks)

2,436

141,385

Grupo

Financiero

Galicia

S.A.

\*ADR(a)

(Banks)

2,630

155,512

Itau

Unibanco

Holding

S.A.

ADR

(Banks)

114,757

844,612

Latam

Airlines

Group

S.A.

\*ADR

(Airlines)

2,723

122,508

Pampa

Energia

S.A.

\*ADR

(Electric

Utilities)

624

53,539

Petroleo

Brasileiro

S.A.

ADR

(Oil,

Gas

&

Consumable

Fuels)

40,199

467,916

Sociedad

Quimica

y

Minera

de

Chile

S.A.

\*ADR

(Chemicals)

3,078

150,791

Suzano

S.A.

ADR

(Paper

&

Forest

Products)

14,439

130,384

Telefonica

Brasil

S.A.

ADR

(Diversified

Telecommunication

Services)

8,002

95,464

TIM

SA

Brazil

ADR(a)

(Wireless

Telecommunication

Services)

3,449

77,913

Ultrapar

Participacoes

S.A.

\*ADR

(Oil,

Gas

&

Consumable

Fuels)

14,939

59,158

Vale

S.A.

ADR

(Metals

&

Mining)

77,173

933,022

Vista

Energy

SAB

de

CV

\*ADR

(Oil,

Gas

&

Consumable

Fuels)

1,542

74,710

Common

Stocks,

continued

Shares

Value

YPF

S.A.

\*ADR

(Oil,

Gas

&

Consumable

Fuels)

4,153

$

151,294

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $3,483,137)

7,034,172

Preferred

Stocks

(5.9%)

Petroleo

Brasileiro

S.A.

ADR

(Oil,

Gas

&

Consumable

Fuels)

47,619

526,190

TOTAL

PREFERRED

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $148,645)

526,190

Repurchase

Agreements

(b)(c) (12.3%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$1,099,120

$

1,099,000

1,099,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$1,099,000)

1,099,000

Collateral

for

Securities

Loaned

(d) (9.5%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(e) 845,153

845,153

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $845,153)

845,153

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$5,575,935)— 106.7%

9,504,515

Net

other

assets

(liabilities) —

(6.7)%

(592,956)

NET

ASSETS

—

100.0%

$

8,911,559

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$823,146.

(b) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$260,000.

(c) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(d) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (e) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. ADR

American

Depositary

Receipt

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Latin

America

ADR

Index

(USD)

Goldman

Sachs

International

11/27/25

4.62%

$

5,058,594

$

101,188

S&P

Latin

America

ADR

Index

(USD)

UBS

AG

11/27/25

4.47%

5,306,904

99,932

$10,365,498

$201,120

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

UltraLatin

America

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraLatin

America

ProFund

Value

%

of

Net

Assets

Aerospace

&

Defense

$

242,187

2.7%

Airlines

122,508

1.4%

Banks

1,756,976

19.5%

Beverages

655,079

7.5%

Chemicals

150,791

1.7%

Construction

Materials

335,366

3.8%

Diversified

Telecommunication

Services

95,464

1.1%

Electric

Utilities

401,335

4.5%

Metals

&

Mining

1,149,051

12.9%

Oil,

Gas

&

Consumable

Fuels

1,328,925

15.0%

Paper

&

Forest

Products

130,384

1.5%

Real

Estate

Management

&

Development

57,885

0.6%

Transportation

Infrastructure

366,896

4.1%

Water

Utilities

242,627

2.7%

Wireless

Telecommunication

Services

524,888

5.9%

Other

\*\*

1,351,197

15.1%

Total

$

8,911,559

100.0%

UltraLatin

America

ProFund

invested

in

securities

with

exposure

to

the

following

countries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Argentina

$

360,345

4.0%

Brazil

4,622,417

51.9%

Chile

544,388

6.2%

Colombia

191,042

2.1%

Mexico

1,724,768

19.4%

Peru

117,402

1.3%

Other

\*\*

1,351,197

15.1%

Total

$

8,911,559

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraMid-Cap

ProFund

Common

Stocks

(77.6%)

Shares

Value

AAON,

Inc.

(Building

Products)

532

$

52,343

Abercrombie

&

Fitch

Co.

\*

-

Class

A

(Specialty

Retail)

27,206

Acuity

Brands,

Inc.

(Electrical

Equipment)

87,247

Advanced

Drainage

Systems,

Inc.

(Building

Products)

563

78,848

AECOM

(Construction

&

Engineering)

1,043

140,127

AeroVironment,

Inc.

\*

(Aerospace

&

Defense)

92,478

Affiliated

Managers

Group,

Inc.

(Capital

Markets)

53,303

AGCO

Corp.

(Machinery)

50,239

Agree

Realty

Corp.

(Retail

REITs)

870

63,518

Alaska

Air

Group,

Inc.

\*

(Passenger

Airlines)

908

37,891

Albertsons

Cos.,

Inc.

-

Class

A

(Consumer

Staples

Distribution

&

Retail)

3,175

56,166

Alcoa

Corp.

(Metals

&

Mining)

2,039

75,015

Allegro

MicroSystems,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

976

29,202

ALLETE,

Inc.

(Electric

Utilities)

30,635

Ally

Financial,

Inc.

(Consumer

Finance)

2,206

85,967

American

Airlines

Group,

Inc.

\*

(Passenger

Airlines)

5,197

68,236

American

Financial

Group,

Inc.

(Insurance)

545

71,766

American

Homes

Rent

-

Class

A

(Residential

REITs)

2,566

81,086

Amkor

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

896

28,923

Annaly

Capital

Management,

Inc.

(Mortgage

REITs)

5,058

107,078

Antero

Midstream

Corp.

(Oil,

Gas

&

Consumable

Fuels)

2,637

45,488

Antero

Resources

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

2,312

71,464

API

Group

Corp.

\*

(Industrial

Support

Services)

2,915

107,330

Appfolio,

Inc.

\*

-

Class

A

(Software)

46,052

Applied

Industrial

Technologies,

Inc.

(Trading

Companies

&

Distributors)

77,127

AptarGroup,

Inc.

(Containers

&

Packaging)

519

60,209

Aramark

(Hotels,

Restaurants

&

Leisure)

2,070

78,411

Arrow

Electronics,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

45,178

ASGN,

Inc.

\*

(IT

Services)

15,442

Ashland,

Inc.

(Chemicals)

17,604

Associated

Banc-Corp.

(Banks)

1,287

31,879

ATI,

Inc.

\*

(Metals

&

Mining)

1,086

107,481

Autoliv,

Inc.

\*

(Automobile

Components)

556

64,941

AutoNation,

Inc.

\*

(Specialty

Retail)

44,571

Avantor,

Inc.

\*

(Life

Sciences

Tools

&

Services)

5,369

63,462

Avient

Corp.

(Chemicals)

721

23,122

Avis

Budget

Group,

Inc.

\*

(Ground

Transportation)

18,097

Avnet,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

660

31,977

Axalta

Coating

Systems,

Ltd.

\*

(Chemicals)

1,706

48,570

Bank

OZK

(Banks)

833

37,477

Bath

&

Body

Works,

Inc.

(Retail

-

Discretionary)

1,667

40,808

Belden,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

38,017

BellRing

Brands,

Inc.

\*

(Personal

Care

Products)

993

29,919

Bentley

Systems,

Inc.

-

Class

B

(Software)

1,174

59,674

BILL

Holdings,

Inc.

\*

(Software)

723

35,904

BioMarin

Pharmaceutical,

Inc.

\*

(Biotechnology)

1,511

80,944

Bio-Rad

Laboratories,

Inc.

\*

-

Class

A

(Life

Sciences

Tools

&

Services)

45,696

BJ's

Wholesale

Club

Holdings,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

1,040

91,790

Black

Hills

Corp.

(Multi-Utilities)

574

36,408

Blackbaud,

Inc.

\*

(Software)

18,764

Boyd

Gaming

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

36,443

Brighthouse

Financial,

Inc.

\*

(Insurance)

25,682

Brixmor

Property

Group,

Inc.

(Retail

REITs)

2,411

63,072

Bruker

Corp.

(Life

Sciences

Tools

&

Services)

872

33,956

Brunswick

Corp.

(Leisure

Products)

514

33,981

Burlington

Stores,

Inc.

\*

(Specialty

Retail)

134,332

BWX

Technologies,

Inc.

(Aerospace

&

Defense)

720

153,799

Cabot

Corp.

(Chemicals)

28,274

Common

Stocks,

continued

Shares

Value

CACI

International,

Inc.

\*

-

Class

A

(Professional

Services)

$

97,832

Cadence

Bank

(Banks)

1,467

55,365

Capri

Holdings,

Ltd.

\*

(Textiles,

Apparel

&

Luxury

Goods)

938

19,464

Carlisle

Cos.,

Inc.

(Building

Products)

109,217

Carpenter

Technology

Corp.

(Metals

&

Mining)

124,149

Casey's

General

Stores,

Inc.

(Consumer

Staples

Distribution

&

Retail)

150,364

Cava

Group,

Inc.

\*

(Leisure

Facilities

&

Services)

786

42,232

Celsius

Holdings,

Inc.

\*

(Beverages)

1,260

75,891

Chart

Industries,

Inc.

\*

(Machinery)

69,468

Chemed

Corp.

(Health

Care

Providers

&

Services)

49,168

Chewy,

Inc.

\*

-

Class

A

(Specialty

Retail)

1,755

59,179

Choice

Hotels

International,

Inc.

(Hotels,

Restaurants

&

Leisure)

15,060

Chord

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

40,915

Churchill

Downs,

Inc.

(Hotels,

Restaurants

&

Leisure)

525

52,080

Ciena

Corp.

\*

(Communications

Equipment)

1,113

211,381

Cirrus

Logic,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

53,723

Civitas

Resources,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

657

18,941

Clean

Harbors,

Inc.

\*

(Commercial

Services

&

Supplies)

83,572

Cleveland-Cliffs,

Inc.

\*

(Metals

&

Mining)

4,498

55,910

CNH

Industrial

N.V.

(Machinery)

6,995

73,378

CNO

Financial

Group,

Inc.

(Insurance)

764

30,575

CNX

Resources

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

1,114

37,497

Coca-Cola

Consolidated,

Inc.

(Beverages)

61,539

Cognex

Corp.

(Electronic

Equipment,

Instruments

&

Components)

1,322

54,718

Coherent

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,224

161,519

Columbia

Banking

System,

Inc.

(Banks)

2,356

63,141

Columbia

Sportswear

Co.

(Textiles,

Apparel

&

Luxury

Goods)

10,025

Comerica,

Inc.

(Banks)

1,012

77,418

Comfort

Systems

USA,

Inc.

(Construction

&

Engineering)

267,466

Commerce

Bancshares,

Inc.

(Banks)

977

51,420

Commercial

Metals

Co.

(Metals

&

Mining)

881

52,296

CommVault

Systems,

Inc.

\*

(Software)

48,727

Concentrix

Corp.

(Professional

Services)

14,189

COPT

Defense

Properties

(Office

REITs)

888

25,015

Core

&

Main,

Inc.

\*

-

Class

A

(Trading

Companies

&

Distributors)

1,494

77,957

Coty,

Inc.

-

Class

A

(Personal

Care

Products)

2,886

11,457

Cousins

Properties,

Inc.

(Office

REITs)

1,324

34,331

Crane

Co.

(Machinery)

73,150

Crane

NXT

Co.

(Electronic

Equipment,

Instruments

&

Components)

24,604

Crocs,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

35,127

Crown

Holdings,

Inc.

(Containers

&

Packaging)

906

88,046

CubeSmart

(Specialized

REITs)

1,796

67,655

Cullen/Frost

Bankers,

Inc.

(Banks)

506

62,309

Curtiss-Wright

Corp.

(Aerospace

&

Defense)

177,528

Cytokinetics,

Inc.

\*

(Biotechnology)

943

59,965

Darling

Ingredients,

Inc.

\*

(Food

Products)

1,245

39,902

DENTSPLY

SIRONA,

Inc.

(Health

Care

Equipment

&

Supplies)

1,572

19,823

Dick's

Sporting

Goods,

Inc.

(Specialty

Retail)

527

116,704

DocuSign,

Inc.

\*

(Software)

1,592

116,439

Dolby

Laboratories,

Inc.

\*

-

Class

A

(Software)

31,900

Donaldson

Co.,

Inc.

(Machinery)

918

77,342

Doximity,

Inc.

\*

-

Class

A

(Health

Care

Technology)

1,074

70,884

Dropbox,

Inc.

\*

-

Class

A

(Software)

1,458

42,282

DT

Midstream,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

799

87,483

Duolingo,

Inc.

\*

(Diversified

Consumer

Services)

84,440

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraMid-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Dynatrace,

Inc.

\*

(Software)

2,374

$

120,053

Eagle

Materials,

Inc.

(Construction

Materials)

54,354

East

West

Bancorp,

Inc.

(Banks)

1,085

110,235

EastGroup

Properties,

Inc.

(Industrial

REITs)

73,303

EchoStar

Corp.

\*

-

Class

A

(Media)

1,060

79,363

Elanco

Animal

Health,

Inc.

\*

(Pharmaceuticals)

3,913

86,673

elf

Beauty,

Inc.

\*

(Personal

Care

Products)

57,040

Encompass

Health

Corp.

(Health

Care

Providers

&

Services)

793

90,283

EnerSys

(Electrical

Equipment)

37,217

Entegris,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

1,193

109,243

Envista

Holdings

Corp.

\*

(Health

Care

Equipment

&

Supplies)

1,310

26,659

EPR

Properties

(Specialized

REITs)

600

29,412

Equitable

Holdings,

Inc.

(Financial

Services)

2,360

116,583

Equity

LifeStyle

Properties,

Inc.

(Residential

REITs)

1,526

93,162

Esab

Corp.

(Machinery)

52,569

Essent

Group,

Ltd.

(Financial

Services)

775

46,942

Essential

Utilities,

Inc.

(Water

Utilities)

2,209

86,217

Euronet

Worldwide,

Inc.

\*

(Financial

Services)

23,972

Evercore

Partners,

Inc.

(Capital

Markets)

89,841

Exelixis,

Inc.

\*

(Biotechnology)

2,120

81,980

ExlService

Holdings,

Inc.

\*

(Professional

Services)

1,273

49,774

Exponent,

Inc.

(Professional

Services)

28,182

F.N.B.

Corp.

\*

(Banks)

2,829

44,472

Fabrinet

\*

(Electronic

Equipment,

Instruments

&

Components)

124,241

Federated

Hermes,

Inc.

-

Class

B

(Capital

Markets)

582

28,215

Fidelity

National

Financial,

Inc.

(Insurance)

2,011

111,087

First

American

Financial

Corp.

(Insurance)

801

50,071

First

Financial

Bankshares,

Inc.

(Banks)

1,025

31,662

First

Horizon

Corp.

(Banks)

3,999

85,418

First

Industrial

Realty

Trust,

Inc.

(Industrial

REITs)

1,043

57,657

FirstCash

Holdings,

Inc.

\*

(Consumer

Finance)

48,660

Five

Below,

Inc.

\*

(Specialty

Retail)

68,098

Flex,

Ltd.

\*

(Electronic

Equipment,

Instruments

&

Components)

2,956

184,809

Floor

&

Decor

Holdings,

Inc.

\*

-

Class

A

(Specialty

Retail)

847

52,921

Flowers

Foods,

Inc.

(Food

Products)

1,664

19,852

Flowserve

Corp.

(Machinery)

1,030

70,298

Fluor

Corp.

\*

(Construction

&

Engineering)

1,273

62,084

Fortune

Brands

Innovations,

Inc.

(Building

Products)

945

48,006

Frontier

Communications

Parent,

Inc.

\*

(Diversified

Telecommunication

Services)

1,972

74,463

FTI

Consulting,

Inc.

\*

(Professional

Services)

41,253

GameStop

Corp.

\*(a)

-

Class

A

(Specialty

Retail)

3,241

72,242

Gaming

and

Leisure

Properties,

Inc.

(Specialized

REITs)

2,229

99,548

GATX

Corp.

\*

(Trading

Companies

&

Distributors)

44,075

Genpact,

Ltd.

(Professional

Services)

1,276

48,679

Gentex

Corp.

(Automobile

Components)

1,729

40,545

Glacier

Bancorp,

Inc.

(Banks)

1,011

41,299

Globus

Medical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

887

53,565

Graco,

Inc.

(Machinery)

1,306

106,792

Graham

Holdings

Co.

\*

-

Class

B

(Diversified

Consumer

Services)

27,328

Grand

Canyon

Education,

Inc.

\*

(Diversified

Consumer

Services)

41,049

Graphic

Packaging

Holding

Co.

(Containers

&

Packaging)

2,335

37,337

Greif,

Inc.

\*

-

Class

A

(Containers

&

Packaging)

11,719

Guidewire

Software,

Inc.

\*

(Software)

663

154,903

GXO

Logistics,

Inc.

\*

(Air

Freight

&

Logistics)

901

50,645

Common

Stocks,

continued

Shares

Value

H&R

Block,

Inc.

(Diversified

Consumer

Services)

1,054

$

52,426

Haemonetics

Corp.

\*

(Health

Care

Equipment

&

Supplies)

19,004

Halozyme

Therapeutics,

Inc.

\*

(Biotechnology)

921

60,040

Hamilton

Lane,

Inc.

-

Class

A

(Capital

Markets)

36,239

Hancock

Whitney

Corp.

(Banks)

667

38,092

Harley-Davidson,

Inc.

(Automobiles)

957

25,820

Healthcare

Realty

Trust,

Inc.

(Health

Care

REITs)

2,769

49,067

HealthEquity,

Inc.

\*

(Health

Care

Providers

&

Services)

681

64,409

Hexcel

Corp.

(Aerospace

&

Defense)

626

44,696

HF

Sinclair

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,252

64,603

Hilton

Grand

Vacations,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

20,145

Hims

&

Hers

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

1,629

74,054

Home

BancShares,

Inc.

(Banks)

1,443

38,543

Houlihan

Lokey,

Inc.

(Capital

Markets)

76,646

Hyatt

Hotels

Corp.

-

Class

A

(Hotels,

Restaurants

&

Leisure)

45,620

IDACORP,

Inc.

(Electric

Utilities)

54,963

Illumina,

Inc.

\*

(Life

Sciences

Tools

&

Services)

1,211

149,606

Independence

Realty

Trust,

Inc.

\*

(Residential

REITs)

1,838

29,279

Ingredion,

Inc.

(Food

Products)

505

58,282

Insperity,

Inc.

(Professional

Services)

12,442

International

Bancshares

Corp.

(Banks)

28,278

IPG

Photonics

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

17,024

Iridium

Communications,

Inc.

\*

(Diversified

Telecommunication

Services)

836

16,009

ITT,

Inc.

(Machinery)

614

113,632

Janus

Henderson

Group

PLC

(Capital

Markets)

982

42,776

Jazz

Pharmaceuticals

PLC

\*

(Pharmaceuticals)

65,792

Jefferies

Financial

Group,

Inc.

(Capital

Markets)

1,299

68,626

Jones

Lang

LaSalle,

Inc.

\*

(Real

Estate

Management

&

Development)

113,799

KB

Home

(Household

Durables)

536

33,457

KBR,

Inc.

(Professional

Services)

1,016

43,525

Kemper

Corp.

\*

(Insurance)

22,270

Kilroy

Realty

Corp.

\*

(Office

REITs)

856

36,166

Kinsale

Capital

Group,

Inc.

(Insurance)

69,907

Kirby

Corp.

\*

(Marine

Transportation)

45,428

Kite

Realty

Group

Trust

(Retail

REITs)

1,731

38,324

Knife

River

Corp.

\*

(Construction

Materials)

26,965

Knight-Swift

Transportation

Holdings,

Inc.

(Ground

Transportation)

1,279

57,708

Kratos

Defense

&

Security

Solutions,

Inc.

\*

(Aerospace

&

Defense)

1,330

120,498

Kyndryl

Holdings,

Inc.

\*

(IT

Services)

1,820

52,634

Lamar

Advertising

Co.

-

Class

A

(Specialized

REITs)

683

80,998

Lancaster

Colony

Corp.

(Food

Products)

25,086

Landstar

System,

Inc.

(Ground

Transportation)

35,190

Lantheus

Holdings,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

536

30,922

Lattice

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,078

78,651

Lear

Corp.

(Automobile

Components)

43,848

Light

&

Wonder,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

661

48,055

Lincoln

Electric

Holdings,

Inc.

(Machinery)

101,986

Lithia

Motors,

Inc.

-

Class

A

(Specialty

Retail)

63,130

Littelfuse,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

47,445

LivaNova

PLC

\*

(Health

Care

Equipment

&

Supplies)

22,631

Louisiana-Pacific

Corp.

(Paper

&

Forest

Products)

43,468

Lumentum

Holdings,

Inc.

\*

(Communications

Equipment)

550

110,858

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraMid-Cap

ProFund

Common

Stocks,

continued

Shares

Value

MACOM

Technology

Solutions

Holdings,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

504

$

74,658

Macy's,

Inc.

(Broadline

Retail)

2,138

41,670

Manhattan

Associates,

Inc.

\*

(Software)

86,847

Maplebear,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

1,452

53,521

Marriott

Vacations

Worldwide

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

14,384

Masimo

Corp.

\*

(Health

Care

Equipment

&

Supplies)

51,197

MasTec,

Inc.

\*

(Construction

&

Engineering)

98,405

Matador

Resources

Co.

(Oil,

Gas

&

Consumable

Fuels)

921

36,343

Mattel,

Inc.

\*

(Leisure

Products)

2,538

46,648

Maximus,

Inc.

(Professional

Services)

36,905

Medpace

Holdings,

Inc.

\*

(Life

Sciences

Tools

&

Services)

102,359

MGIC

Investment

Corp.

(Financial

Services)

1,816

49,795

MKS

Instruments,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

528

75,879

Morningstar,

Inc.

(Capital

Markets)

40,762

MP

Materials

Corp.

\*

(Metals

&

Mining)

1,060

66,875

MSA

Safety,

Inc.

(Commercial

Services

&

Supplies)

45,539

MSC

Industrial

Direct

Co.,

Inc.

(Trading

Companies

&

Distributors)

30,568

Mueller

Industries,

Inc.

(Machinery)

872

92,319

Murphy

Oil

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,057

29,913

Murphy

USA,

Inc.

(Specialty

Retail)

49,432

National

Fuel

Gas

Co.

\*

(Gas

Utilities)

712

56,184

National

Retail

Properties,

Inc.

(Retail

REITs)

1,486

60,124

National

Storage

Affiliates

Trust

(Specialized

REITs)

556

16,174

Neurocrine

Biosciences,

Inc.

\*

(Biotechnology)

781

111,847

New

Jersey

Resources

Corp.

(Gas

Utilities)

791

35,041

New

York

Community

Bancorp,

Inc.

(Banks)

2,357

26,917

NewMarket

Corp.

(Chemicals)

46,842

Nexstar

Media

Group,

Inc.

(Media)

44,039

NEXTracker,

Inc.

\*

-

Class

A

(Electrical

Equipment)

1,166

118,023

NorthWestern

Energy

Group,

Inc.

(Multi-Utilities)

28,821

NOV,

Inc.

(Energy

Equipment

&

Services)

2,926

42,720

Novanta,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

35,817

Nutanix,

Inc.

\*

-

Class

A

(Software)

2,111

150,388

nVent

Electric

PLC

(Electrical

Equipment)

1,267

144,882

OGE

Energy

Corp.

(Electric

Utilities)

1,586

70,006

Okta,

Inc.

\*

(IT

Services)

1,316

120,454

Old

National

Bancorp

\*

(Banks)

2,747

56,121

Old

Republic

International

Corp.

(Insurance)

1,800

71,028

Olin

Corp.

(Chemicals)

902

18,671

Ollie's

Bargain

Outlet

Holdings,

Inc.

\*

(Broadline

Retail)

58,230

Omega

Healthcare

Investors,

Inc.

(Health

Care

REITs)

2,323

97,635

ONE

Gas,

Inc.

\*

(Gas

Utilities)

37,930

Onto

Innovation,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

52,095

Option

Care

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

1,279

33,292

Ormat

Technologies,

Inc.

(Independent

Power/

Renewable

Electricity

Producers)

50,951

Oshkosh

Corp.

(Machinery)

503

62,015

Ovintiv,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

2,025

75,958

Owens

Corning

(Building

Products)

658

83,770

Park

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

1,576

16,217

Parsons

Corp.

\*

(Professional

Services)

35,002

Paylocity

Holding

Corp.

\*

(Professional

Services)

49,727

PBF

Energy,

Inc.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

648

22,142

Pegasystems,

Inc.

(Software)

728

46,337

Penske

Automotive

Group,

Inc.

\*

(Specialty

Retail)

23,210

Common

Stocks,

continued

Shares

Value

Penumbra,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

$

69,802

Performance

Food

Group

Co.

\*

(Consumer

Staples

Distribution

&

Retail)

1,232

119,184

Permian

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

5,504

69,130

Perrigo

Co.

PLC

(Pharmaceuticals)

1,085

22,503

Pilgrim's

Pride

Corp.

\*

(Food

Products)

12,840

Pinnacle

Financial

Partners,

Inc.

(Banks)

605

51,552

Planet

Fitness,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

661

59,946

Polaris

Industries,

Inc.

\*

(Leisure

Products)

27,828

Portland

General

Electric

Co.

(Electric

Utilities)

863

39,422

Post

Holdings,

Inc.

\*

(Food

Products)

39,182

PotlatchDeltic

Corp.

(Specialized

REITs)

561

22,440

Power

Integrations,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

18,515

Primerica,

Inc.

(Insurance)

66,527

Prosperity

Bancshares,

Inc.

\*

(Banks)

749

49,299

Pure

Storage,

Inc.

\*

-

Class

A

(Technology

Hardware,

Storage

&

Peripherals)

2,444

241,223

PVH

Corp.

(Textiles,

Apparel

&

Luxury

Goods)

29,765

Qualys,

Inc.

\*

(Software)

34,883

Rambus,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

847

87,105

Range

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,876

66,692

Rayonier,

Inc.

(Specialized

REITs)

1,117

24,652

Rb

Global,

Inc.

(Commercial

Services

&

Supplies)

1,461

144,960

RBC

Bearings,

Inc.

\*

(Machinery)

106,275

Regal

Rexnord

Corp.

(Electrical

Equipment)

523

73,685

Reinsurance

Group

of

America,

Inc.

(Insurance)

520

94,879

Reliance

Steel

&

Aluminum

Co.

(Metals

&

Mining)

116,644

RenaissanceRe

Holdings,

Ltd.

(Insurance)

94,267

Repligen

Corp.

\*

(Life

Sciences

Tools

&

Services)

62,158

Rexford

Industrial

Realty,

Inc.

(Industrial

REITs)

1,860

76,854

RH

\*

(Specialty

Retail)

20,699

RLI

Corp.

\*

(Insurance)

724

42,687

Roivant

Sciences,

Ltd.

\*

(Biotechnology)

3,389

67,746

Royal

Gold,

Inc.

(Metals

&

Mining)

637

111,341

RPM

International,

Inc.

(Chemicals)

1,011

110,483

Ryan

Specialty

Holdings,

Inc.

(Insurance)

888

48,662

Ryder

System,

Inc.

(Ground

Transportation)

54,323

Sabra

Health

Care

REIT,

Inc.

(Health

Care

REITs)

1,889

33,662

Saia,

Inc.

\*

(Ground

Transportation)

61,133

Science

Applications

International

Corp.

(Professional

Services)

34,579

SEI

Investments

Co.

(Capital

Markets)

740

59,651

Selective

Insurance

Group,

Inc.

(Insurance)

36,088

Sensata

Technologies

Holding

PLC

(Electrical

Equipment)

1,147

36,509

Service

Corp.

International

(Diversified

Consumer

Services)

1,105

92,278

Shift4

Payments,

Inc.

\*

-

Class

A

(Financial

Services)

529

36,554

Silicon

Laboratories,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

33,819

Siligan

Holdings,

Inc.

(Containers

&

Packaging)

700

27,034

Simpson

Manufacturing

Co.,

Inc.

(Building

Products)

58,069

SLM

Corp.

(Consumer

Finance)

1,642

44,088

Sonoco

Products

Co.

\*

(Containers

&

Packaging)

776

31,482

Sotera

Health

Co.

\*

(Life

Sciences

Tools

&

Services)

1,387

23,024

SouthState

Bank

Corp.

(Banks)

798

70,743

Southwest

Gas

Holdings,

Inc.

(Gas

Utilities)

504

40,068

Spire,

Inc.

\*

(Gas

Utilities)

40,090

Sprouts

Farmers

Market,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

770

60,799

STAG

Industrial,

Inc.

(Industrial

REITs)

1,469

56,219

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraMid-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Starwood

Property

Trust,

Inc.

(Mortgage

REITs)

2,718

$

49,413

Stifel

Financial

Corp.

(Capital

Markets)

805

95,336

Synaptics,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

21,566

Synovus

Financial

Corp.

(Banks)

1,093

48,792

Talen

Energy

Corp.

\*

(Electric

Utilities)

143,922

Taylor

Morrison

Home

Corp.

\*

(Household

Durables)

779

46,171

TD

SYNNEX

Corp.

(Electronic

Equipment,

Instruments

&

Components)

604

94,520

TechnipFMC

PLC

(Energy

Equipment

&

Services)

3,237

133,849

Tempur

Sealy

International,

Inc.

(Household

Durables)

1,654

131,228

Tenet

Healthcare

Corp.

\*

(Health

Care

Providers

&

Services)

696

143,718

Terex

Corp.

(Machinery)

517

23,792

Tetra

Tech,

Inc.

(Commercial

Services

&

Supplies)

2,069

66,167

Texas

Capital

Bancshares,

Inc.

\*

(Banks)

30,182

Texas

Roadhouse,

Inc.

(Hotels,

Restaurants

&

Leisure)

524

85,715

The

Boston

Beer

Co.,

Inc.

\*

-

Class

A

(Beverages)

12,626

The

Brink's

Co.

\*

(Commercial

Services

&

Supplies)

36,572

The

Carlyle

Group,

Inc.

(Capital

Markets)

2,050

109,307

The

Ensign

Group,

Inc.

(Health

Care

Providers

&

Services)

81,225

The

Gap,

Inc.

(Specialty

Retail)

1,792

40,947

The

Goodyear

Tire

&

Rubber

Co.

\*

(Automobile

Components)

2,255

15,537

The

Hanover

Insurance

Group,

Inc.

\*

(Insurance)

48,188

The

Middleby

Corp.

\*

(Machinery)

45,592

The

New

York

Times

Co.

-

Class

A

(Media)

1,276

72,719

The

Scotts

Miracle-Gro

Co.

\*

(Chemicals)

18,732

The

Timken

Co.

(Machinery)

39,176

The

Toro

Co.

(Machinery)

776

57,990

Thor

Industries,

Inc.

(Automobiles)

43,723

Toll

Brothers,

Inc.

(Household

Durables)

773

104,316

TopBuild

Corp.

\*

(Household

Durables)

92,946

TransUnion

(Professional

Services)

1,534

124,531

Travel

+

Leisure

Co.

\*

(Hotels,

Restaurants

&

Leisure)

511

32,081

Trex

Co.,

Inc.

\*

(Building

Products)

845

40,830

Twilio,

Inc.

\*

-

Class

A

(Software)

1,208

162,935

TXNM

Energy,

Inc.

(Electric

Utilities)

748

42,486

UFP

Industries,

Inc.

(Building

Products)

42,564

UGI

Corp.

(Gas

Utilities)

1,692

56,563

UMB

Financial

Corp.

(Banks)

562

60,067

Under

Armour,

Inc.

\*

-

Class

A

(Textiles,

Apparel

&

Luxury

Goods)

1,487

6,855

Under

Armour,

Inc.

\*

-

Class

C

(Textiles,

Apparel

&

Luxury

Goods)

956

4,245

United

Bankshares,

Inc.

(Banks)

1,113

39,834

United

Therapeutics

Corp.

\*

(Biotechnology)

158,574

Universal

Display

Corp.

(Semiconductors

&

Semiconductor

Equipment)

51,253

Unum

Group

(Insurance)

1,233

90,527

US

Foods

Holding

Corp.

\*

(Consumer

Staples

Distribution

&

Retail)

1,773

128,755

Vail

Resorts,

Inc.

(Hotels,

Restaurants

&

Leisure)

43,312

Valaris,

Ltd.

\*

(Energy

Equipment

&

Services)

521

29,239

Valley

National

Bancorp

(Banks)

3,793

41,230

Valmont

Industries,

Inc.

(Construction

&

Engineering)

64,495

Valvoline,

Inc.

\*

(Specialty

Retail)

1,001

33,043

VF

Corp.

(Textiles,

Apparel

&

Luxury

Goods)

2,584

36,279

Viper

Energy,

Inc.

-

Class

A

(Oil

&

Gas

Producers)

1,329

49,917

Visteon

Corp.

(Automobile

Components)

22,932

Vontier

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,156

44,506

Vornado

Realty

Trust

(Office

REITs)

1,270

48,184

Voya

Financial,

Inc.

(Financial

Services)

758

56,440

Common

Stocks,

continued

Shares

Value

Warner

Music

Group

Corp.

\*

-

Class

A

(Entertainment)

1,149

$

36,722

Watsco,

Inc.

(Trading

Companies

&

Distributors)

101,203

Watts

Water

Technologies,

Inc.

-

Class

A

(Machinery)

59,154

Weatherford

International

PLC

(Energy

Equipment

&

Services)

566

41,709

Webster

Financial

Corp.

(Banks)

1,308

74,608

WESCO

International,

Inc.

(Trading

Companies

&

Distributors)

99,140

Western

Alliance

Bancorp

(Banks)

816

63,118

Westlake

Corp.

\*

(Chemicals)

18,028

WEX,

Inc.

\*

(Financial

Services)

39,388

Whirlpool

Corp.

(a) (Household

Durables)

31,446

Wingstop,

Inc.

(Hotels,

Restaurants

&

Leisure)

47,659

Wintrust

Financial

Corp.

(Banks)

528

68,651

Woodward,

Inc.

(Aerospace

&

Defense)

123,978

WP

Carey,

Inc.

(Equity

REIT

-

Diversified)

1,724

113,784

Wyndham

Hotels

&

Resorts,

Inc.

(Hotels,

Restaurants

&

Leisure)

602

44,205

XPO,

Inc.

\*

(Ground

Transportation)

927

133,367

YETI

Holdings,

Inc.

\*

(Leisure

Products)

639

21,720

Zions

Bancorp

N.A.

(Banks)

1,163

60,604

ZoomInfo

Technologies,

Inc.

\*

(Interactive

Media

&

Services)

2,209

24,785

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $14,172,647)

24,513,477

Repurchase

Agreements

(b)(c) (26.7%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$8,424,922

$

8,424,000

8,424,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$8,424,000)

8,424,000

Collateral

for

Securities

Loaned

(d) (0.4%)

Shares

Value

Invesco

Government

&

Agency

Portfolio

—

Institutional

Shares, 4.08%

(e) 118,665

118,665

TOTAL

COLLATERAL

FOR

SECURITIES

LOANED

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $118,665)

118,665

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$22,715,312)— 104.7%

33,056,142

Net

other

assets

(liabilities) —

(4.7)%

(1,498,939)

NET

ASSETS

—

100.0%

$

31,557,203

\*

Non-income

producing

security.

(a) All

or

part

of

this

security

was

on

loan

as

of

October

31,

2025. The

total

value

of

securities

on

loan

as

of

October

31,

2025

was

$103,687.

(b) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$6,423,000.

(c) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(d) Securities

were

purchased

with

cash

collateral

held

from

securities

on

loan

at

October

31,

2025. (e) Rate

periodically

changes.

Rate

disclosed

is

the

daily

yield

as

of

October

31,

2025. REIT

Real

Estate

Investment

Trust

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraMid-Cap

ProFund

Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

E-mini

S&P

MidCap

Futures

Contracts

12/22/25

$

2,931,930

$

(33,158)

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

MidCap

Goldman

Sachs

International

11/28/25

4.52%

$

10,983,325

$

(274,651)

SPDR

S&P

MidCap

ETF

Goldman

Sachs

International

11/28/25

4.29%

5,804,431

(193,320)

$16,787,756

$(467,971)

S&P

MidCap

UBS

AG

11/28/25

4.67%

$

16,089,033

$

(333,288)

SPDR

S&P

MidCap

ETF

UBS

AG

11/28/25

4.67%

2,848,021

(58,245)

$18,937,054

$(391,533)

$35,724,810

$(859,504)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

UltraMid-Cap

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

712,977

2.3%

Air

Freight

&

Logistics

50,645

0.2%

Automobile

Components

187,803

0.6%

Automobiles

69,543

0.2%

Banks

1,538,726

4.8%

Beverages

150,056

0.5%

Biotechnology

621,096

2.0%

Broadline

Retail

99,900

0.3%

Building

Products

513,647

1.6%

Capital

Markets

700,702

2.2%

Chemicals

330,326

1.0%

Commercial

Services

&

Supplies

376,810

1.2%

Communications

Equipment

322,239

1.0%

Construction

&

Engineering

632,577

2.0%

Construction

Materials

81,319

0.3%

Consumer

Finance

178,715

0.6%

Consumer

Staples

Distribution

&

Retail

660,579

2.1%

Containers

&

Packaging

255,827

0.8%

Diversified

Consumer

Services

297,521

0.9%

Diversified

Telecommunication

Services

90,472

0.3%

Electric

Utilities

381,434

1.2%

Electrical

Equipment

497,563

1.6%

Electronic

Equipment,

Instruments

&

Components

904,375

2.9%

Energy

Equipment

&

Services

247,517

0.8%

Entertainment

36,722

0.1%

Equity

REIT

-

Diversified

113,784

0.4%

Financial

Services

369,674

1.2%

Food

Products

195,144

0.6%

Value

%

of

Net

Assets

Gas

Utilities

$

265,876

0.8%

Ground

Transportation

359,818

1.1%

Health

Care

Equipment

&

Supplies

293,603

0.9%

Health

Care

Providers

&

Services

536,149

1.7%

Health

Care

REITs

180,364

0.6%

Health

Care

Technology

70,884

0.2%

Hotel

&

Resort

REITs

16,217

0.1%

Hotels,

Restaurants

&

Leisure

623,116

2.0%

Household

Durables

439,564

1.4%

Independent

Power/Renewable

Electricity

Producers

50,951

0.2%

Industrial

REITs

264,033

0.8%

Industrial

Support

Services

107,330

0.3%

Insurance

974,211

3.1%

Interactive

Media

&

Services

24,785

0.1%

IT

Services

188,530

0.6%

Leisure

Facilities

&

Services

42,232

0.1%

Leisure

Products

130,177

0.4%

Life

Sciences

Tools

&

Services

480,261

1.5%

Machinery

1,275,167

3.9%

Marine

Transportation

45,428

0.1%

Media

196,121

0.6%

Metals

&

Mining

709,711

2.3%

Mortgage

REITs

156,491

0.5%

Multi-Utilities

65,229

0.2%

Office

REITs

143,696

0.5%

Oil

&

Gas

Producers

49,917

0.2%

Oil,

Gas

&

Consumable

Fuels

666,569

2.1%

Paper

&

Forest

Products

43,468

0.1%

Passenger

Airlines

106,127

0.3%

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraMid-Cap

ProFund

Value

%

of

Net

Assets

Personal

Care

Products

$

98,416

0.3%

Pharmaceuticals

174,968

0.6%

Professional

Services

616,620

2.0%

Real

Estate

Management

&

Development

113,799

0.4%

Residential

REITs

203,527

0.6%

Retail

-

Discretionary

40,808

0.1%

Retail

REITs

225,038

0.7%

Semiconductors

&

Semiconductor

Equipment

714,632

2.3%

Software

1,156,088

3.6%

Specialized

REITs

340,879

1.0%

Specialty

Retail

805,714

2.7%

Technology

Hardware,

Storage

&

Peripherals

241,223

0.8%

Textiles,

Apparel

&

Luxury

Goods

141,760

0.4%

Trading

Companies

&

Distributors

430,070

1.4%

Water

Utilities

86,217

0.3%

Other

\*\*

7,043,726

22.4%

Total

$

31,557,203

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

REIT

Real

Estate

Investment

Trust

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

ProFund

Common

Stocks

(72.9%)

Shares

Value

Adobe,

Inc.

\*

(Software)

21,303

$

7,249,624

Advanced

Micro

Devices,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

81,499

20,873,524

Airbnb,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

21,548

2,726,684

Alphabet,

Inc.

-

Class

A

(Interactive

Media

&

Services)

118,739

33,388,219

Alphabet,

Inc.

-

Class

C

(Interactive

Media

&

Services)

110,840

31,236,929

Amazon.com,

Inc.

\*

(Broadline

Retail)

217,716

53,170,602

American

Electric

Power

Co.,

Inc.

(Electric

Utilities)

26,857

3,229,823

Amgen,

Inc.

(Biotechnology)

27,036

8,068,354

Analog

Devices,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

24,706

5,784,416

Apple,

Inc.

(Technology

Hardware,

Storage

&

Peripherals)

302,929

81,902,914

Applied

Materials,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

40,007

9,325,632

AppLovin

Corp.

\*

-

Class

A

(Software)

15,455

9,849,935

ARM

Holdings

PLC

\*ADR

(Semiconductors

&

Semiconductor

Equipment)

6,859

1,164,795

ASML

Holding

N.V.

ADR

(Semiconductors

&

Semiconductor

Equipment)

4,255

4,507,024

AstraZeneca

PLC

ADR

(Pharmaceuticals)

29,498

2,430,635

Atlassian

Corp.

\*

-

Class

A

(Software)

8,351

1,414,826

Autodesk,

Inc.

\*

(Software)

10,747

3,238,501

Automatic

Data

Processing,

Inc.

(Professional

Services)

20,341

5,294,762

Axon

Enterprise,

Inc.

\*

(Aerospace

&

Defense)

3,942

2,886,451

Baker

Hughes

Co.

(Energy

Equipment

&

Services)

49,511

2,396,828

Biogen,

Inc.

\*

(Biotechnology)

7,363

1,135,890

Booking

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

1,628

8,266,560

Broadcom,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

158,790

58,693,548

Cadence

Design

Systems,

Inc.

\*

(Software)

13,684

4,634,634

CDW

Corp.

(Electronic

Equipment,

Instruments

&

Components)

6,582

1,048,973

Charter

Communications,

Inc.

\*

-

Class

A

(Media)

6,860

1,604,142

Cintas

Corp.

(Commercial

Services

&

Supplies)

20,238

3,709,018

Cisco

Systems,

Inc.

(Communications

Equipment)

198,871

14,539,459

Coca-Cola

European

Partners

PLC

(Beverages)

23,011

2,044,067

Cognizant

Technology

Solutions

Corp.

-

Class

A

(IT

Services)

24,527

1,787,528

Comcast

Corp.

-

Class

A

(Media)

184,948

5,148,028

Constellation

Energy

Corp.

(Electric

Utilities)

15,689

5,914,753

Copart,

Inc.

\*

(Commercial

Services

&

Supplies)

48,559

2,088,523

CoStar

Group,

Inc.

\*

(Real

Estate

Management

&

Development)

21,276

1,464,002

Costco

Wholesale

Corp.

(Consumer

Staples

Distribution

&

Retail)

22,271

20,298,903

Crowdstrike

Holdings,

Inc.

\*

-

Class

A

(Software)

12,603

6,843,555

CSX

Corp.

(Ground

Transportation)

93,624

3,372,337

Datadog,

Inc.

\*

-

Class

A

(Software)

16,235

2,643,220

Dexcom,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

19,694

1,146,585

Diamondback

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

14,538

2,081,696

DoorDash,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

20,207

5,140,055

Electronic

Arts,

Inc.

(Entertainment)

12,565

2,513,754

Exelon

Corp.

(Electric

Utilities)

50,721

2,339,253

Fastenal

Co.

(Trading

Companies

&

Distributors)

57,634

2,371,639

Fortinet,

Inc.

\*

(Software)

38,473

3,325,221

GE

HealthCare

Technologies,

Inc.

(Health

Care

Equipment

&

Supplies)

22,928

1,718,454

Gilead

Sciences,

Inc.

(Biotechnology)

62,313

7,464,474

GLOBALFOUNDRIES,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

27,871

992,208

Honeywell

International,

Inc.

(Industrial

Conglomerates)

31,884

6,419,206

IDEXX

Laboratories,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

4,018

2,529,371

Common

Stocks,

continued

Shares

Value

Intel

Corp.

(Semiconductors

&

Semiconductor

Equipment)

219,812

$

8,790,282

Intuit,

Inc.

(Software)

14,009

9,351,708

Intuitive

Surgical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

18,003

9,618,642

Keurig

Dr

Pepper,

Inc.

(Beverages)

68,221

1,852,882

KLA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

6,627

8,010,320

Lam

Research

Corp.

(Semiconductors

&

Semiconductor

Equipment)

63,559

10,008,000

Linde

PLC

(Chemicals)

23,565

9,857,239

Lululemon

Athletica,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

5,762

982,651

Marriott

International,

Inc.

-

Class

A

(Hotels,

Restaurants

&

Leisure)

13,633

3,552,487

Marvell

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

43,295

4,058,473

MercadoLibre,

Inc.

\*

(Broadline

Retail)

2,546

5,925,204

Meta

Platforms,

Inc.

-

Class

A

(Interactive

Media

&

Services)

44,274

28,705,048

Microchip

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

27,103

1,691,769

Micron

Technology,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

56,202

12,576,322

Microsoft

Corp.

(Software)

151,729

78,566,794

MicroStrategy,

Inc.

\*

-

Class

A

(Software)

13,254

3,572,086

Mondelez

International,

Inc.

-

Class

A

(Food

Products)

64,982

3,733,866

Monster

Beverage

Corp.

\*

(Beverages)

49,036

3,277,076

Netflix,

Inc.

\*

(Entertainment)

21,340

23,876,472

NVIDIA

Corp.

(Semiconductors

&

Semiconductor

Equipment)

496,023

100,439,697

NXP

Semiconductors

N.V.

(Semiconductors

&

Semiconductor

Equipment)

12,661

2,647,668

Old

Dominion

Freight

Line,

Inc.

(Ground

Transportation)

10,555

1,482,133

ON

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

20,539

1,028,593

O'Reilly

Automotive,

Inc.

\*

(Specialty

Retail)

42,611

4,024,183

PACCAR,

Inc.

(Machinery)

26,371

2,594,906

Palantir

Technologies,

Inc.

\*

-

Class

A

(Software)

114,213

22,896,280

Palo

Alto

Networks,

Inc.

\*

(Software)

33,592

7,398,302

Paychex,

Inc.

(Professional

Services)

18,060

2,113,562

PayPal

Holdings,

Inc.

\*

(Financial

Services)

47,979

3,323,505

PDD

Holdings,

Inc.

\*ADR

(Broadline

Retail)

33,543

4,523,944

PepsiCo,

Inc.

(Beverages)

68,755

10,044,418

QUALCOMM,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

54,187

9,802,428

Regeneron

Pharmaceuticals,

Inc.

\*

(Biotechnology)

5,231

3,409,566

Roper

Technologies,

Inc.

(Software)

5,404

2,410,995

Ross

Stores,

Inc.

(Specialty

Retail)

16,425

2,610,261

Shopify,

Inc.

\*

-

Class

A

(IT

Services)

61,289

10,655,705

Solstice

Advanced

Materials,

Inc.

\*

(Chemicals)

7,971

359,253

Starbucks

Corp.

(Hotels,

Restaurants

&

Leisure)

57,085

4,616,464

Synopsys,

Inc.

\*

(Software)

9,293

4,217,349

Take-Two

Interactive

Software,

Inc.

\*

(Entertainment)

9,264

2,375,012

Tesla,

Inc.

\*

(Automobiles)

74,398

33,967,151

Texas

Instruments,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

45,657

7,371,779

The

Kraft

Heinz

Co.

(Food

Products)

59,440

1,469,951

The

Trade

Desk,

Inc.

\*

-

Class

A

(Media)

22,381

1,125,317

Thomson

Reuters

Corp.

(Professional

Services)

22,633

3,464,207

T-Mobile

U.S.,

Inc.

(Wireless

Telecommunication

Services)

56,518

11,871,606

Verisk

Analytics,

Inc.

(Professional

Services)

7,016

1,534,820

Vertex

Pharmaceuticals,

Inc.

\*

(Biotechnology)

12,876

5,479,639

Warner

Bros.

Discovery,

Inc.

\*

(Entertainment)

124,333

2,791,276

Workday,

Inc.

\*

-

Class

A

(Software)

10,898

2,614,648

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

ProFund

Common

Stocks,

continued

Shares

Value

Xcel

Energy,

Inc.

(Electric

Utilities)

29,701

$

2,410,830

Zscaler,

Inc.

\*

(Software)

7,819

2,589,184

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $338,791,609)

981,091,487

Repurchase

Agreements

(a)(b) (26.1%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$350,564,368

$

350,526,000

350,526,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$350,526,000)

350,526,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$689,317,609)— 99.0%

$

1,331,617,487

Net

other

assets

(liabilities) —

1.0%

12,907,165

NET

ASSETS

—

100.0%

$

1,344,524,652

\*

Non-income

producing

security.

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$222,673,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

ADR

American

Depositary

Receipt

Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

E-mini

Futures

Contracts

12/22/25

$

66,050,160

$

4,276,332

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Invesco

QQQ

Trust,

Series

ETF

Goldman

Sachs

International

11/28/25

4.42%

$

182,262,935

$

(200,810)

Index

Goldman

Sachs

International

11/28/25

4.62%

655,186,575

634,702

$837,449,510

$433,892

Invesco

QQQ

Trust,

Series

ETF

UBS

AG

11/28/25

4.67%

$226,990,713

$

231,214

Index

UBS

AG

11/28/25

4.67%

572,193,872

650,343

$799,184,585

$881,557

$1,636,634,095

$1,315,449

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Aerospace

&

Defense

$

2,886,451

0.2%

Automobiles

33,967,151

2.5%

Beverages

17,218,443

1.3%

Biotechnology

25,557,923

1.9%

Broadline

Retail

63,619,750

4.7%

Chemicals

10,216,492

0.8%

Commercial

Services

&

Supplies

5,797,541

0.4%

Communications

Equipment

14,539,459

1.1%

Consumer

Staples

Distribution

&

Retail

20,298,903

1.5%

Electric

Utilities

13,894,659

1.0%

Electronic

Equipment,

Instruments

&

Components

1,048,973

0.1%

Energy

Equipment

&

Services

2,396,828

0.1%

Entertainment

31,556,514

2.3%

Value

%

of

Net

Assets

Financial

Services

$

3,323,505

0.2%

Food

Products

5,203,817

0.4%

Ground

Transportation

4,854,470

0.4%

Health

Care

Equipment

&

Supplies

15,013,052

1.1%

Hotels,

Restaurants

&

Leisure

24,302,250

1.8%

Industrial

Conglomerates

6,419,206

0.5%

Interactive

Media

&

Services

93,330,196

7.0%

IT

Services

12,443,233

0.9%

Machinery

2,594,906

0.2%

Media

7,877,487

0.6%

Oil,

Gas

&

Consumable

Fuels

2,081,696

0.2%

Pharmaceuticals

2,430,635

0.2%

Professional

Services

12,407,351

0.9%

Real

Estate

Management

&

Development

1,464,002

0.1%

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

ProFund

Value

%

of

Net

Assets

Semiconductors

&

Semiconductor

Equipment

$

267,766,478

19.8%

Software

172,816,862

12.9%

Specialty

Retail

6,634,444

0.5%

Technology

Hardware,

Storage

&

Peripherals

81,902,914

6.1%

Textiles,

Apparel

&

Luxury

Goods

982,651

0.1%

Trading

Companies

&

Distributors

2,371,639

0.2%

Wireless

Telecommunication

Services

11,871,606

0.9%

Other

\*\*

363,433,165

27.1%

Total

$

1,344,524,652

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraShort

China

ProFund

Repurchase

Agreements

(a)(b) (95.0%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$1,937,212

$

1,937,000

$

1,937,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$1,937,000)

1,937,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$1,937,000)— 95.0%

1,937,000

Net

other

assets

(liabilities) —

5.0%

103,018

NET

ASSETS

—

100.0%

$

2,040,018

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$122,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

China

Select

ADR

Index

(USD)

Goldman

Sachs

International

11/27/25

(3.52)%

$

(2,044,564)

$

61,264

S&P

China

Select

ADR

Index

(USD)

UBS

AG

11/27/25

(3.67)%

(2,029,866)

63,249

$(4,074,430)

$124,513

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraShort

Dow

ProFund

Repurchase

Agreements

(a)(b) (107.0%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$1,218,133

$

1,218,000

$

1,218,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$1,218,000)

1,218,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$1,218,000)— 107.0%

1,218,000

Net

other

assets

(liabilities) —

(7.0)%

(79,409)

NET

ASSETS

—

100.0%

$

1,138,591

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$448,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Dow

Jones

Industrial

Average

Goldman

Sachs

International

11/28/25

(4.37)%

$

(742,266)

$

684

Dow

Jones

Industrial

Average

UBS

AG

11/28/25

(4.27)%

(1,540,514)

$(2,282,780)

$693

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraShort

Emerging

Markets

ProFund

Repurchase

Agreements

(a)(b) (70.9%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$265,029

$

265,000

$

265,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$265,000)

265,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$265,000)— 70.9%

265,000

Net

other

assets

(liabilities) —

29.1%

108,582

NET

ASSETS

—

100.0%

$

373,582

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$41,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Emerging

ADR

Index

(USD)

Goldman

Sachs

International

11/27/25

(3.67)%

$

(563,681)

$

11,462

S&P

Emerging

ADR

Index

(USD)

UBS

AG

11/27/25

(3.87)%

(182,644)

4,296

$(746,325)

$15,758

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraShort

International

ProFund

Repurchase

Agreements

(a)(b) (111.4%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$1,757,192

$

1,757,000

$

1,757,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$1,757,000)

1,757,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$1,757,000)— 111.4%

1,757,000

Net

other

assets

(liabilities) —

(11.4)%

(180,139)

NET

ASSETS

—

100.0%

$

1,576,861

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$106,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

MSCI

EAFE

Index

Goldman

Sachs

International

11/27/25

(3.82)%

$

(1,572,143)

$

22,861

MSCI

EAFE

Index

UBS

AG

11/27/25

(4.17)%

(1,571,057)

24,608

$(3,143,200)

$47,469

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraShort

Japan

ProFund

Repurchase

Agreements

(a)(b) (88.5%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$849,093

$

849,000

$

849,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$849,000)

849,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$849,000)— 88.5%

849,000

Net

other

assets

(liabilities) —

11.5%

109,841

NET

ASSETS

—

100.0%

$

958,841

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$40,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Sold

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Nikkei

Index

Futures

Contracts

12/12/25

$

(1,570,800)

$

(100,850)

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Nikkei

Stock

Average

Goldman

Sachs

International

11/27/25

(4.12)%

$

(347,383)

$

(9,600)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraShort

Latin

America

ProFund

Repurchase

Agreements

(a)(b) (82.5%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$561,061

$

561,000

$

561,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$561,000)

561,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$561,000)— 82.5%

561,000

Net

other

assets

(liabilities) —

17.5%

118,634

NET

ASSETS

—

100.0%

$

679,634

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$35,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Latin

America

ADR

Index

(USD)

Goldman

Sachs

International

11/27/25

(3.52)%

$

(593,676)

$

(18,358)

S&P

Latin

America

ADR

Index

(USD)

UBS

AG

11/27/25

(3.67)%

(765,634)

(18,481)

$(1,359,310)

$(36,839)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraShort

Mid-Cap

ProFund

Repurchase

Agreements

(a)(b) (75.5%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$537,059

$

537,000

$

537,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$537,000)

537,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$537,000)— 75.5%

537,000

Net

other

assets

(liabilities) —

24.5%

173,835

NET

ASSETS

—

100.0%

$

710,835

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$172,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

MidCap

Goldman

Sachs

International

11/28/25

(4.12)%

$

(642,110)

$

7,350

S&P

MidCap

UBS

AG

11/28/25

(4.27)%

(780,888)

12,337

$(1,422,998)

$19,687

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraShort

ProFund

Repurchase

Agreements

(a) (b) (112

.4

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$14,398,576

$

14,397,000

$

14,397,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$14,397,000)

14,397,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$14,397,000)— 112.4%

14,397,000

Net

other

assets

(liabilities)

—

(12

.4)

%

(1,590,065)

NET

ASSETS

—

100.0%

$

12,806,935

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$3,873,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Sold

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

E-mini

Futures

Contracts

12/22/25

$

(2,080,320)

$

(151,712)

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Index

Goldman

Sachs

International

11/28/25

(4.37)%

$

(7,310,093)

$

16,335

Index

UBS

AG

11/28/25

(4.27)%

(16,213,048)

(15,322)

$(23,523,141)

$1,013

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraShort

Small-Cap

ProFund

Repurchase

Agreements

(a) (b) (98

.5

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$3,975,435

$

3,975,000

$

3,975,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$3,975,000)

3,975,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$3,975,000)— 98.5%

3,975,000

Net

other

assets

(liabilities)

—

.5

%

61,868

NET

ASSETS

—

100.0%

$

4,036,868

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$1,188,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Sold

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

CME

E-mini

Russell

2000

Index

Futures

Contracts

12/22/25

$

(373,485)

$

(13,123)

Total

Return

Swap

Agreements—Short

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

Russell

2000

Index

Goldman

Sachs

International

11/28/25

(4.02)%

$

(4,814,956)

$

89,342

Russell

2000

Index

UBS

AG

11/28/25

(4.17)%

(2,885,998)

48,942

$(7,700,954)

$138,284

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraSmall-Cap

ProFund

Common

Stocks

(64.2%)

Shares

Value

10X

Genomics

Inc

\*

-

Class

A

(Medical

Equipment

&

Devices)

1,254

$

17,104

1-800-Flowers.com,

Inc.

\*

-

Class

A

(Specialty

Retail)

922

1st

Source

Corp.

(Banks)

12,839

3D

Systems

Corp.

\*

(Machinery)

1,541

4,407

4D

Molecular

Therapeutics,

Inc.

\*

(Biotechnology)

5,394

8x8,

Inc.

\*

(Software)

1,564

2,878

908

Devices,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

2,554

A10

Networks,

Inc.

(Software)

841

15,003

AAR

Corp.

\*

(Aerospace

&

Defense)

35,200

Aardvark

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

716

Abacus

Life

Inc

\*

(Insurance)

2,369

Abeona

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

511

2,458

Abercrombie

&

Fitch

Co.

\*

-

Class

A

(Specialty

Retail)

551

39,975

ABM

Industries,

Inc.

(Commercial

Services

&

Supplies)

724

31,132

Absci

Corp.

\*

(Biotechnology)

1,538

6,583

Acacia

Research

Corp.

\*

(Financial

Services)

1,388

Academy

Sports

&

Outdoors,

Inc.

(Specialty

Retail)

776

37,163

ACADIA

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,455

33,029

Acadia

Realty

Trust

(Retail

REITs)

1,544

29,444

Acadian

Asset

Management,

Inc.

(Capital

Markets)

15,103

Accel

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

633

6,450

ACCO

Brands

Corp.

(Commercial

Services

&

Supplies)

1,022

3,843

Accuray,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,186

1,672

ACI

Worldwide,

Inc.

\*

(Software)

1,234

58,775

Aclaris

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

1,013

2,553

ACM

Research,

Inc.

\*

-

Class

A

(Semiconductors

&

Semiconductor

Equipment)

591

24,503

Acme

United

Corp.

(Wholesale

-

Discretionary)

1,482

ACNB

Corp.

(Banks)

5,422

ACRES

Commercial

Realty

Corp.

\*

(Specialty

Finance)

1,512

Actuate

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

Acuren

Corp.

\*

(Asset

Management)

1,993

24,175

Acushnet

Holdings

Corp.

(Leisure

Products)

24,978

ACV

Auctions,

Inc.

\*

-

Class

A

(Commercial

Services

&

Supplies)

1,964

17,813

Adamas

Trust,

Inc.

(Mortgage

REITs)

995

6,637

AdaptHealth

Corp.

\*

(Health

Care

Providers

&

Services)

1,191

10,707

Adaptive

Biotechnologies

Corp.

\*

(Life

Sciences

Tools

&

Services)

1,747

30,329

ADC

Therapeutics

SA

\*

(Biotechnology)

847

3,778

Addus

HomeCare

Corp.

\*

(Health

Care

Providers

&

Services)

24,781

Adeia,

Inc.

(Software)

1,271

21,658

Adient

PLC

\*

(Automobile

Components)

984

22,819

ADMA

Biologics,

Inc.

\*

(Biotechnology)

2,710

41,951

Adtalem

Global

Education,

Inc.

\*

(Diversified

Consumer

Services)

40,678

ADTRAN

Holdings,

Inc.

(Communications

Equipment)

869

9,055

Advance

Auto

Parts,

Inc.

(Specialty

Retail)

702

33,085

Advanced

Energy

Industries,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

89,404

AdvanSix,

Inc.

(Chemicals)

5,707

Advantage

Solutions,

Inc.

\*

(Media)

1,102

1,411

Aebi

Schmidt

Holding

AG

\*

(Machinery)

4,861

Aehr

Test

Systems

\*

(Semiconductors

&

Semiconductor

Equipment)

8,655

Aeluma,

Inc.

\*

(Semiconductors)

1,892

AeroVironment,

Inc.

\*

(Aerospace

&

Defense)

137,976

AerSale

Corp.

\*

(Aerospace

&

Defense)

2,790

Aeva

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

5,850

AFC

Gamma,

Inc.

(Mortgage

REITs)

696

AG

Mortgage

Investment

Trust,

Inc.

(Mortgage

REITs)

2,328

agilon

health,

Inc.

\*

(Health

Care

Providers

&

Services)

3,608

2,874

Common

Stocks,

continued

Shares

Value

Agilysys,

Inc.

\*

(Software)

$

38,014

Agios

Pharmaceuticals,

Inc.

\*

(Biotechnology)

660

28,538

AirJoule

Technologies

Corp.

\*

(Electrical

Equipment)

1,440

AIRO

Group

Holdings,

Inc.

\*

(Aerospace

&

Defense)

1,342

AirSculpt

Technologies,

Inc.

\*

(Health

Care

Providers

&

Services)

2,020

Airship

AI

Holdings,

Inc.

\*

(Software)

1,112

Akebia

Therapeutics,

Inc.

\*

(Biotechnology)

2,922

6,458

Akero

Therapeutics,

Inc.

\*

(Biotechnology)

817

44,281

Alamo

Group,

Inc.

(Machinery)

21,625

Alarm.com

Holdings,

Inc.

\*

(Software)

557

27,416

Albany

International

Corp.

(Machinery)

19,973

Aldeyra

Therapeutics,

Inc.

\*

(Biotechnology)

634

3,214

Alector,

Inc.

\*

(Biotechnology)

808

1,188

Alerus

Financial

Corp.

(Financial

Services)

5,808

Alexander

&

Baldwin,

Inc.

(Equity

REIT

-

Diversified)

854

13,638

Alexander's,

Inc.

(Retail

REITs)

5,523

Alico,

Inc.

(Food

Products)

2,183

Alight,

Inc.

\*

-

Class

A

(Professional

Services)

5,043

14,524

Alignment

Healthcare,

Inc.

\*

(Health

Care

Providers

&

Services)

1,709

28,814

Alkami

Technology,

Inc.

\*

(Software)

798

16,191

Alkermes

PLC

\*

(Biotechnology)

1,897

58,238

Allegiant

Travel

Co.

(Passenger

Airlines)

10,508

ALLETE,

Inc.

(Electric

Utilities)

684

46,054

Allied

Motion

Technologies,

Inc.

(Electrical

Equipment)

9,186

Allogene

Therapeutics,

Inc.

\*

(Biotechnology)

1,772

2,197

Alpha

and

Omega

Semiconductor,

Ltd.

\*

(Semiconductors

&

Semiconductor

Equipment)

8,222

Alpha

Metallurgical

Resources,

Inc.

(Metals

&

Mining)

23,737

Alpha

Teknova,

Inc.

\*

(Biotech

&

Pharma)

667

Alphatec

Holdings,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,356

25,750

Alpine

Income

Property

Trust,

Inc.

(Equity

REIT

-

Diversified)

2,173

Alta

Equipment

Group,

Inc.

(Trading

Companies

&

Distributors)

1,457

AlTi

Global,

Inc.

\*

(Capital

Markets)

1,962

Altice

USA,

Inc.

\*

-

Class

A

(Cable

&

Satellite)

3,056

6,815

Altimmune,

Inc.

\*

(Biotechnology)

953

3,860

Alumis,

Inc.

\*

(Pharmaceuticals)

653

3,102

Amalgamated

Financial

Corp.

(Banks)

7,469

A-Mark

Precious

Metals,

Inc.

(Distributors)

5,901

Ambac

Financial

Group,

Inc.

\*

(Insurance)

505

4,146

Ambarella,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

40,569

Ambiq

Micro,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,650

AMC

Entertainment

Holdings,

Inc.

\*

(Entertainment)

5,089

13,181

AMC

Networks,

Inc.

\*

-

Class

A

(Media)

2,865

Amerant

Bancorp,

Inc.

(Banks)

7,278

Ameresco,

Inc.

\*

-

Class

A

(Construction

&

Engineering)

14,820

American

Assets

Trust,

Inc.

(Equity

REIT

-

Diversified)

608

11,619

American

Axle

&

Manufacturing

Holdings,

Inc.

\*

(Automobile

Components)

1,352

8,382

American

Battery

Technology

Co.

\*

(Metals

&

Mining)

1,037

5,320

American

Eagle

Outfitters,

Inc.

(Specialty

Retail)

1,900

31,749

American

Healthcare

REIT,

Inc.

(Health

Care

REITs)

1,862

84,386

American

Integrity

Insurance

Group,

Inc.

\*

(Insurance)

2,240

American

Outdoor

Brands

Inc.

\*

(Leisure

Products)

989

American

Public

Education,

Inc.

\*

(Diversified

Consumer

Services)

6,798

American

Reality

Investors,

Inc.

\*

(Real

Estate

Management

&

Development)

American

States

Water

Co.

(Water

Utilities)

32,232

American

Superconductor

Corp.

\*

(Electrical

Equipment)

511

30,267

American

Vanguard

Corp.

(Chemicals)

1,337

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

American

Woodmark

Corp.

\*

(Building

Products)

$

10,707

America's

Car-Mart,

Inc.

\*

(Specialty

Retail)

1,935

Ameris

Bancorp

(Banks)

774

55,434

AMERISAFE,

Inc.

(Insurance)

8,898

Ames

National

Corp.

(Banks)

2,169

Amicus

Therapeutics,

Inc.

\*

(Biotechnology)

3,255

29,393

AMMO,

Inc.

\*

(Leisure

Products)

1,014

1,622

AMN

Healthcare

Services,

Inc.

\*

(Health

Care

Providers

&

Services)

8,821

Amneal

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

1,759

19,032

Amphastar

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

11,067

Amplitude,

Inc.

\*

-

Class

A

(Software)

1,045

10,502

Amprius

Technologies,

Inc.

\*

(Electrical

Equipment)

1,089

15,344

Amylyx

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

811

11,297

AnaptysBio,

Inc.

\*

(Biotechnology)

8,340

Anavex

Life

Sciences

Corp.

\*

(Biotechnology)

977

7,787

Angel

Oak

Mortgage

REIT,

Inc.

(Mortgage

REITs)

1,306

Angi,

Inc.

\*

(Interactive

Media

&

Services)

6,317

AngioDynamics,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

5,462

ANI

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

19,298

Anika

Therapeutics,

Inc.

\*

(Biotechnology)

1,424

Annexon,

Inc.

\*

(Biotechnology)

1,119

3,536

Anteris

Technologies

Global

Corp.

\*

(Medical

Equipment

&

Devices)

1,783

Anterix,

Inc.

\*

(Diversified

Telecommunication

Services)

2,669

Anywhere

Real

Estate,

Inc.

\*

(Real

Estate

Management

&

Development)

1,234

12,402

Apartment

Investment

and

Management

Co.

\*

(Residential

REITs)

1,544

8,214

Apogee

Enterprises,

Inc.

(Building

Products)

9,079

Apogee

Therapeutics,

Inc.

\*

(Biotechnology)

21,674

Apollo

Commercial

Real

Estate

Finance,

Inc.

(Mortgage

REITs)

1,634

15,996

Apollo

Medical

Holdings,

Inc.

\*

(Health

Care

Providers

&

Services)

14,887

Appian

Corp.

\*

-

Class

A

(Software)

13,798

Apple

Hospitality

REIT,

Inc.

(Hotel

&

Resort

REITs)

2,619

29,307

Applied

Digital

Corp.

\*

(IT

Services)

2,507

86,893

Applied

Optoelectronics,

Inc.

\*

(Communications

Equipment)

635

22,581

Aquestive

Therapeutics,

Inc.

\*

(Pharmaceuticals)

1,006

6,861

Arbor

Realty

Trust,

Inc.

(Mortgage

REITs)

2,232

22,520

Arbutus

Biopharma

Corp.

\*

(Biotechnology)

1,770

8,372

ArcBest

Corp.

(Ground

Transportation)

19,843

Arcellx,

Inc.

\*

(Biotechnology)

36,100

Archer

Aviation,

Inc.

\*

-

Class

A

(Aerospace

&

Defense)

6,440

72,257

Archrock,

Inc.

(Energy

Equipment

&

Services)

1,934

48,873

Arcosa,

Inc.

(Construction

&

Engineering)

568

57,936

Arcturus

Therapeutics

Holdings,

Inc.

\*

(Biotechnology)

2,951

Arcus

Biosciences,

Inc.

\*

(Biotechnology)

806

15,894

Arcutis

Biotherapeutics,

Inc.

\*

(Biotechnology)

1,252

31,688

Ardagh

Metal

Packaging

SA

(Containers

&

Packaging)

1,631

5,823

Ardelyx,

Inc.

\*

(Biotechnology)

2,758

16,713

Ardent

Health

Partners,

Inc.

\*

(Health

Care

Providers

&

Services)

3,946

Ardmore

Shipping

Corp.

(Oil,

Gas

&

Consumable

Fuels)

5,074

Ares

Commercial

Real

Estate

Corp.

(Mortgage

REITs)

618

2,756

Argan,

Inc.

(Construction

&

Engineering)

47,463

Arhaus,

Inc.

(Specialty

Retail)

599

6,002

Arko

Corp.

(Specialty

Retail)

898

3,956

Arlo

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,163

22,492

Armada

Hoffler

Properties,

Inc.

(Equity

REIT

-

Diversified)

935

6,115

Common

Stocks,

continued

Shares

Value

ARMOUR

Residential

REIT,

Inc.

(Mortgage

REITs)

1,299

$

21,069

Arq,

Inc.

\*

(Chemicals)

2,457

Array

Technologies,

Inc.

\*

(Electrical

Equipment)

1,776

15,380

Arrive

AI,

Inc.

\*

(Air

Freight

&

Logistics)

ArriVent

Biopharma,

Inc.

\*

(Biotechnology)

5,413

Arrow

Financial

Corp.

(Banks)

5,383

Arrowhead

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,410

59,770

ARS

Pharmaceuticals,

Inc.

\*

(Biotechnology)

690

6,182

Arteris,

Inc.

\*

(Software)

4,546

Artisan

Partners

Asset

Management,

Inc.

-

Class

A

(Capital

Markets)

732

31,959

Artivion,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

20,235

Arvinas,

Inc.

\*

(Pharmaceuticals)

767

7,777

Asana,

Inc.

\*

-

Class

A

(Software)

1,013

14,233

Asbury

Automotive

Group,

Inc.

\*

(Specialty

Retail)

53,958

Ascent

Industries

Co.

\*

(Steel)

1,070

ASGN,

Inc.

\*

(IT

Services)

500

22,380

ASP

Isotopes,

Inc.

\*

(Chemicals)

896

9,076

Aspen

Aerogels,

Inc.

\*

(Chemicals)

775

6,309

Aspen

Insurance

Holdings

Ltd.

\*

(Insurance)

6,615

Associated

Banc-Corp.

(Banks)

1,946

48,202

Astec

Industries,

Inc.

(Machinery)

12,470

Astria

Therapeutics,

Inc.

\*

(Biotechnology)

5,418

Astronics

Corp.

\*

(Aerospace

&

Defense)

17,410

Asure

Software,

Inc.

\*

(Professional

Services)

2,664

Atea

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

896

2,912

Ategrity

Specialty

Holdings,

LLC

\*

(Insurance)

1,418

Atkore,

Inc.

(Electrical

Equipment)

27,285

Atlanta

Braves

Holdings,

Inc.

\*

(Entertainment)

540

21,989

Atlanta

Braves

Holdings,

Inc.

\*

-

Series

A

(Entertainment)

3,408

Atlantic

International

Corp.

\*

(Biotech

&

Pharma)

Atlantic

Union

Bankshares

Corp.

(Banks)

1,668

54,243

Atlanticus

Holdings

Corp.

\*

(Consumer

Finance)

3,417

Atlas

Energy

Solutions,

Inc.

(Energy

Equipment

&

Services)

908

11,241

Atmus

Filtration

Technologies,

Inc.

(Machinery)

977

44,434

ATN

International,

Inc.

(Diversified

Telecommunication

Services)

1,685

Atomera,

Inc.

\*

(Semiconductors)

1,081

AtriCure,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

566

19,555

aTyr

Pharma,

Inc.

\*

(Biotechnology)

1,017

881

AudioEye,

Inc.

\*

(Software)

1,429

Aura

Biosciences,

Inc.

\*

(Biotechnology)

513

3,145

Aurinia

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,361

17,924

Avadel

Pharmaceuticals

PLC

\*

(Pharmaceuticals)

1,044

19,721

Avanos

Medical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

524

5,822

Aveanna

Healthcare

Holdings,

Inc.

\*

(Health

Care

Providers

&

Services)

571

5,168

AvePoint,

Inc.

\*

(Software)

1,554

21,865

Aviat

Networks,

Inc.

\*

(Communications

Equipment)

3,370

Avidity

Biosciences,

Inc.

\*

(Biotechnology)

1,192

83,260

Avient

Corp.

(Chemicals)

1,075

34,475

Avista

Corp.

(Multi-Utilities)

942

35,843

Avita

Medical,

Inc.

\*

(Biotechnology)

550

Axcelis

Technologies,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

29,994

Axogen,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

513

11,399

Axos

Financial,

Inc.

\*

(Banks)

636

49,595

Axsome

Therapeutics,

Inc.

\*

(Pharmaceuticals)

63,851

Azenta,

Inc.

\*

(Life

Sciences

Tools

&

Services)

14,406

AZZ,

Inc.

(Building

Products)

34,648

B&G

Foods,

Inc.

(Food

Products)

902

3,608

Backblaze,

Inc.

\*

-

Class

A

(IT

Services)

626

6,454

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Badger

Meter,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

$

62,616

Bakkt

Holdings,

Inc.

\*

(Institutional

Financial

Services)

3,569

Balchem

Corp.

(Chemicals)

58,901

Bally's

Corp.

\*

(Leisure

Facilities

&

Services)

1,566

Banc

of

California,

Inc.

(Banks)

1,501

25,472

BancFirst

Corp.

(Banks)

26,562

Banco

Latinoamericano

de

Comercio

Exterior

S.A.

-

Class

E

(Financial

Services)

14,365

Bandwidth,

Inc.

\*

-

Class

A

(Diversified

Telecommunication

Services)

5,152

Bank

First

Corp.

(Banks)

12,945

Bank

of

Hawaii

Corp.

(Banks)

29,933

Bank

of

Marin

Bancorp

(Banks)

4,429

Bank7

Corp.

(Banks)

2,076

BankFinancial

Corp.

(Banking)

1,437

BankUnited,

Inc.

(Banks)

883

35,391

Bankwell

Financial

Group,

Inc.

(Banks)

3,598

Banner

Corp.

(Banks)

24,096

Bar

Harbor

Bankshares

(Banks)

5,162

BARK,

Inc.

\*

(Specialty

Retail)

1,080

980

Barnes

&

Noble

Education,

Inc.

\*

(Retail

-

Discretionary)

1,717

Barrett

Business

Services,

Inc.

(Professional

Services)

11,777

Bassett

Furniture

Industries,

Inc.

\*

(Retail

-

Discretionary)

1,401

BayCom

Corp.

(Banks)

3,298

BCB

Bancorp,

Inc.

(Banks)

1,437

Beacon

Financial

Corporation

(Banks)

975

23,732

Beam

Therapeutics,

Inc.

\*

(Biotechnology)

1,118

27,961

Beazer

Homes

USA,

Inc.

\*

(Household

Durables)

7,370

Bed

Bath

&

Beyond,

Inc.

\*

(Specialty

Retail)

643

4,958

Bel

Fuse,

Inc.

-

Class

A

(Electronic

Equipment,

Instruments

&

Components)

2,598

Bel

Fuse,

Inc.

-

Class

B

(Electronic

Equipment,

Instruments

&

Components)

18,787

Belden,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

56,417

Benchmark

Electronics,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

18,317

Benitec

Biopharma,

Inc.

\*

(Biotech

&

Pharma)

2,847

Berry

Corp.

(Oil,

Gas

&

Consumable

Fuels)

901

3,036

Beta

Bionics,

Inc.

\*

(Biotechnology)

12,195

Better

Home

&

Finance

Holding

Co.

\*

(Specialty

Finance)

4,394

Beyond

Meat,

Inc.

\*

(Food

Products)

861

1,425

BGC

Group,

Inc.

-

Class

A

(Capital

Markets)

4,240

38,754

Bicara

Therapeutics,

Inc.

\*

(Biotechnology)

6,500

BigBear.ai

Holdings,

Inc.

\*

(IT

Services)

3,383

23,410

BigCommerce

Holdings,

Inc.

\*

-

Class

(IT

Services)

769

3,560

Biglari

Holdings,

Inc.

\*

-

Class

B

(Hotels,

Restaurants

&

Leisure)

2,890

BioAge

Labs,

Inc.

\*

(Pharmaceuticals)

2,097

BioCryst

Pharmaceuticals,

Inc.

\*

(Biotechnology)

2,449

17,927

Biohaven,

Ltd.

\*

(Biotechnology)

1,058

18,198

BioLife

Solutions,

Inc.

\*

(Life

Sciences

Tools

&

Services)

12,346

Biote

Corp.

\*

-

Class

A

(Pharmaceuticals)

979

Bioventus,

Inc.

\*

-

Class

A

(Health

Care

Equipment

&

Supplies)

539

3,530

Bit

Digital,

Inc.

\*

(Software)

3,720

13,615

Bitdeer

Technologies

Group

\*

(Technology

Services)

1,049

23,287

BJ's

Restaurants,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

8,015

BK

Technologies

Corp

\*

(Technology

Hardware)

2,615

BKV

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

4,624

Black

Hills

Corp.

(Multi-Utilities)

850

53,915

Blackbaud,

Inc.

\*

(Software)

28,690

BlackLine,

Inc.

\*

(Software)

609

34,865

Common

Stocks,

continued

Shares

Value

BlackSky

Technology,

Inc.

\*

(Professional

Services)

$

7,667

Blackstone

Mortgage

Trust,

Inc.

-

Class

A

(Mortgage

REITs)

1,902

35,148

Blaize

Holdings,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

856

3,347

Blend

Labs,

Inc.

\*

-

Class

A

(Software)

2,454

8,123

Bloom

Energy

Corp.

\*

-

Class

A

(Electrical

Equipment)

2,511

331,853

Bloomin'

Brands,

Inc.

(Hotels,

Restaurants

&

Leisure)

982

6,707

Blue

Bird

Corp.

\*

(Machinery)

18,535

Blue

Foundry

Bancorp

\*

(Banks)

1,813

Blue

Ridge

Bankshares,

Inc.

\*

(Banking)

789

3,534

BlueLinx

Holdings,

Inc.

\*

(Trading

Companies

&

Distributors)

5,824

Bluerock

Homes

Trust,

Inc.

(Residential

REITs)

—

(a) 1

Boise

Cascade

Co.

(Trading

Companies

&

Distributors)

31,086

Boot

Barn

Holdings,

Inc.

\*

(Specialty

Retail)

68,273

Borr

Drilling,

Ltd.

(Energy

Equipment

&

Services)

2,894

8,971

Boston

Omaha

Corp.

\*

-

Class

A

(Media)

3,244

Bowhead

Specialty

Holdings,

Inc.

\*

(Insurance)

4,433

Bowman

Consulting

Group,

Ltd.

\*

(Construction

&

Engineering)

7,100

Box,

Inc.

\*

-

Class

A

(Software)

1,643

52,724

Braemar

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

689

1,757

Brandywine

Realty

Trust

(Office

REITs)

2,014

6,908

Braze,

Inc.

\*

-

Class

A

(Software)

932

26,711

BRC,

Inc.

\*

-

Class

A

(Food

Products)

1,130

1,435

Bread

Financial

Holdings,

Inc.

(Consumer

Finance)

546

34,207

Bridgebio

Pharma,

Inc.

\*

(Biotechnology)

1,828

114,505

Bridgewater

Bancshares,

Inc.

\*

(Banks)

4,016

Bright

Minds

Biosciences,

Inc.

\*

(Biotech

&

Pharma)

2,957

BrightSpire

Capital,

Inc.

(Mortgage

REITs)

1,508

7,781

BrightSpring

Health

Services,

Inc.

\*

(Health

Care

Providers

&

Services)

1,257

41,544

BrightView

Holdings,

Inc.

\*

(Commercial

Services

&

Supplies)

840

10,349

Brinker

International,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

518

56,287

Bristow

Group,

Inc.

\*

(Energy

Equipment

&

Services)

13,553

Broadstone

Net

Lease,

Inc.

(Equity

REIT

-

Diversified)

2,219

39,764

Brookdale

Senior

Living,

Inc.

\*

(Health

Care

Providers

&

Services)

2,684

24,881

Brookfield

Business

Corp.

-

Class

A

(Industrial

Conglomerates)

9,954

Brookfield

Infrastructure

Corp.

-

Class

A

(Gas

&

Water

Utilities)

1,409

63,842

BRT

Apartments

Corp.

(Residential

REITs)

1,868

Build-A-Bear

Workshop,

Inc.

(Specialty

Retail)

7,862

Bumble,

Inc.

\*

-

Class

A

(Interactive

Media

&

Services)

851

4,723

Burford

Capital,

Ltd.

(Financial

Services)

2,353

23,412

Burke

&

Herbert

Financial

Services

Corp.

(Banks)

9,300

Business

First

Bancshares,

Inc.

(Banks)

8,165

Butterfly

Network,

Inc.

\*

(Medical

Equipment

&

Devices)

2,245

6,039

BV

Financial,

Inc.

\*

(Banking)

1,614

Byline

Bancorp,

Inc.

(Banks)

9,814

Byrna

Technologies,

Inc.

\*

(Aerospace

&

Defense)

4,293

C&F

Financial

Corp.

\*

(Banking)

2,463

C3.ai,

Inc.

\*

-

Class

A

(Software)

1,434

25,210

Cable

One,

Inc.

(Media)

8,913

Cabot

Corp.

(Chemicals)

634

42,782

Cactus,

Inc.

-

Class

A

(Energy

Equipment

&

Services)

802

35,424

Cadence

Bank

(Banks)

2,184

82,423

Cadiz,

Inc.

\*

(Water

Utilities)

643

3,408

Cadre

Holdings,

Inc.

(Aerospace

&

Defense)

14,139

Calavo

Growers,

Inc.

\*

(Food

Products)

4,375

Caledonia

Mining

Corp.

PLC

(Metals

&

Mining)

5,427

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Caleres,

Inc.

(Specialty

Retail)

$

4,261

California

Resources

Corp.

(Oil,

Gas

&

Consumable

Fuels)

792

37,359

California

Water

Service

Group

(Water

Utilities)

699

31,022

Calix,

Inc.

\*

(Communications

Equipment)

690

47,209

Cal-Maine

Foods,

Inc.

(Food

Products)

537

47,150

Calumet,

Inc.

\*

(Chemicals)

806

15,765

Camden

National

Corp.

(Banks)

7,477

Camping

World

Holdings,

Inc.

-

Class

A

(Specialty

Retail)

705

9,278

Candel

Therapeutics,

Inc.

\*

(Biotechnology)

2,636

Cannae

Holdings,

Inc.

(Financial

Services)

674

12,051

Cantaloupe,

Inc.

\*

(Financial

Services)

689

7,276

Capital

Bancorp,

Inc.

(Banks)

3,808

Capital

City

Bank

Group,

Inc.

(Banks)

6,302

Capitol

Federal

Financial,

Inc.

(Banks)

1,440

8,698

Capri

Holdings,

Ltd.

\*

(Textiles,

Apparel

&

Luxury

Goods)

1,361

28,241

Capricor

Therapeutics,

Inc.

\*

(Biotechnology)

2,930

CapsoVision,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

Cardiff

Oncology,

Inc.

\*

(Biotechnology)

725

1,704

CareDx,

Inc.

\*

(Biotechnology)

637

9,555

CareTrust

REIT,

Inc.

(Health

Care

REITs)

2,493

86,383

Cargurus,

Inc.

\*

(Interactive

Media

&

Services)

962

33,784

Carlsmed,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,018

Carriage

Services,

Inc.

(Diversified

Consumer

Services)

7,420

Cars.com,

Inc.

\*

(Interactive

Media

&

Services)

673

7,228

Carter

Bankshares,

Inc.

\*

(Banks)

4,577

Carter's,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

13,062

Cartesian

Therapeutics,

Inc.

\*

(Biotechnology)

1,005

Casella

Waste

Systems,

Inc.

\*

(Commercial

Services

&

Supplies)

735

65,099

Cass

Information

Systems,

Inc.

(Financial

Services)

5,613

Castle

Biosciences,

Inc.

\*

(Health

Care

Providers

&

Services)

8,466

Catalyst

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,353

28,778

Cathay

General

Bancorp

(Banks)

788

35,815

Cavco

Industries,

Inc.

\*

(Household

Durables)

47,152

CB

Financial

Services,

Inc.

\*

(Banking)

1,716

CBIZ,

Inc.

\*

(Professional

Services)

578

31,790

CBL

&

Associates

Properties,

Inc.

(Retail

REITs)

6,328

CECO

Environmental

Corp.

\*

(Commercial

Services

&

Supplies)

16,671

Celcuity,

Inc.

\*

(Biotechnology)

26,620

Celldex

Therapeutics,

Inc.

\*

(Biotechnology)

766

20,475

Centerspace

(Residential

REITs)

11,672

Central

Garden

&

Pet

Co.

\*

(Household

Products)

3,036

Central

Garden

&

Pet

Co.

\*

-

Class

A

(Household

Products)

591

16,436

Central

Pacific

Financial

Corp.

(Banks)

8,867

Centrus

Energy

Corp.

\*

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

67,613

Centuri

Holdings,

Inc.

\*

(Construction

&

Engineering)

822

16,596

Century

Aluminum

Co.

\*

(Metals

&

Mining)

618

18,305

Century

Communities,

Inc.

(Household

Durables)

18,117

Cerence,

Inc.

\*

(Software)

5,075

CeriBell,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

3,317

Cerus

Corp.

\*

(Health

Care

Equipment

&

Supplies)

2,159

3,174

CEVA,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

7,456

CF

Bankshares,

Inc.

\*

(Banking)

1,044

CG

Oncology,

Inc.

\*

(Biotechnology)

653

28,255

Chain

Bridge

Bancorp

Inc

\*

(Banking)

741

Champion

Homes,

Inc.

\*

(Household

Durables)

670

45,714

Chart

Industries,

Inc.

\*

(Machinery)

529

105,599

Common

Stocks,

continued

Shares

Value

Chatham

Lodging

Trust

(Hotel

&

Resort

REITs)

545

$

3,488

Chemung

Financial

Corp.

(Banks)

2,483

Chesapeake

Utilities

Corp.

(Gas

Utilities)

33,984

Chicago

Atlantic

Real

Estate

Finance,

Inc.

(Mortgage

REITs)

2,726

Chimera

Investment

Corp.

(Mortgage

REITs)

931

11,880

ChoiceOne

Financial

Services,

Inc.

(Banks)

4,783

ChromaDex

Corp.

\*

(Life

Sciences

Tools

&

Services)

610

4,599

Cidara

Therapeutics,

Inc.

\*

(Biotechnology)

19,772

Cimpress

PLC

\*

(Commercial

Services

&

Supplies)

12,181

Cinemark

Holdings,

Inc.

\*

(Entertainment)

1,216

32,843

Cipher

Mining,

Inc.

\*

(Software)

3,100

57,815

Citi

Trends,

Inc.

\*

(Specialty

Retail)

2,006

Citizens

&

Northern

Corp.

(Banks)

3,388

Citizens

Community

Bancorp,

Inc./WI

\*

(Banking)

1,753

Citizens

Financial

Services,

Inc.

(Banks)

2,904

CITIZENS,

INC.

\*

(Insurance)

529

2,947

City

Holding

Co.

(Banks)

19,332

City

Office

REIT,

Inc.

(Office

REITs)

3,153

Civista

Bancshares,

Inc.

(Banks)

4,780

Claritev

Corp.

\*

(Technology

Services)

5,794

Claros

Mortgage

Trust,

Inc.

(Mortgage

REITs)

1,079

3,453

Clarus

Corp.

(Leisure

Products)

1,152

Clean

Energy

Fuels

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

2,033

5,814

Cleanspark,

Inc.

\*

(Software)

3,245

57,761

Clear

Secure,

Inc.

-

Class

A

(Software)

979

29,830

Clearfield,

Inc.

\*

(Communications

Equipment)

4,730

ClearPoint

Neuro,

Inc.

\*

(Medical

Equipment

&

Devices)

7,151

Clearwater

Analytics

Holdings,

Inc.

\*

-

Class

A

(Software)

2,886

53,131

Clearwater

Paper

Corp.

\*

(Paper

&

Forest

Products)

3,265

Climb

Global

Solutions,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

4,999

Clipper

Realty,

Inc.

(Residential

REITs)

630

Clover

Health

Investments

Corp.

\*

(Health

Care

Facilities

&

Services)

4,720

16,662

CNB

Financial

Corp.

(Banks)

8,093

CNO

Financial

Group,

Inc.

(Insurance)

1,125

45,022

CNX

Resources

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

1,601

53,890

Coastal

Financial

Corp.

\*

(Banks)

16,082

CoastalSouth

Bancshares,

Inc.

\*

(Banks)

1,149

Codexis,

Inc.

\*

(Life

Sciences

Tools

&

Services)

957

2,268

Coeur

Mining,

Inc.

\*

(Metals

&

Mining)

7,490

128,604

Cogent

Biosciences,

Inc.

\*

(Biotechnology)

1,519

24,760

Cogent

Communications

Holdings,

Inc.

(Diversified

Telecommunication

Services)

526

21,698

Cohen

&

Steers,

Inc.

(Capital

Markets)

22,136

Coherus

Biosciences,

Inc.

\*

(Biotechnology)

1,240

2,083

Cohu,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

535

12,728

Collegium

Pharmaceutical,

Inc.

\*

(Pharmaceuticals)

13,500

Colony

Bankcorp,

Inc.

(Banks)

3,166

Columbia

Financial,

Inc.

\*

(Banks)

4,691

Columbus

McKinnon

Corp.

(Machinery)

5,372

Commercial

Metals

Co.

(Metals

&

Mining)

1,326

78,712

CommScope

Holding

Co.,

Inc.

\*

(Communications

Equipment)

2,495

43,164

Community

Financial

System,

Inc.

(Banks)

619

34,342

Community

Health

Systems,

Inc.

\*

(Health

Care

Providers

&

Services)

1,518

5,890

Community

Healthcare

Trust,

Inc.

(Health

Care

REITs)

4,691

Community

Trust

Bancorp,

Inc.

(Banks)

9,573

Community

West

Bancshares

(Banks)

4,151

CommVault

Systems,

Inc.

\*

(Software)

523

72,812

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Compass

Diversified

Holdings

(Financial

Services)

786

$

5,015

Compass

Minerals

International,

Inc.

(Metals

&

Mining)

7,023

Compass

Therapeutics,

Inc.

\*

(Biotechnology)

1,162

4,346

Compass,

Inc.

\*

-

Class

A

(Real

Estate

Management

&

Development)

5,464

42,127

Complete

Solaria

Inc

\*

(Renewable

Energy)

705

1,269

CompoSecure,

Inc.

\*

-

Class

A

(Technology

Hardware,

Storage

&

Peripherals)

514

10,208

Computer

Programs

&

Systems,

Inc.

\*

(Software)

2,249

CompX

International,

Inc.

\*

(Commercial

Services

&

Supplies)

Comstock

Resources,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

866

16,238

Concentra

Group

Holdings

Parent,

Inc.

(Health

Care

Providers

&

Services)

1,366

27,211

Concrete

Pumping

Holdings,

Inc.

\*

(Construction

&

Engineering)

1,661

Conduent,

Inc.

\*

(Professional

Services)

1,743

4,148

CONMED

Corp.

(Health

Care

Equipment

&

Supplies)

16,016

ConnectOne

Bancorp,

Inc.

(Banks)

557

13,401

Consensus

Cloud

Solutions,

Inc.

\*

(Software)

6,656

Consolidated

Water

Co.,

Ltd.

(Water

Utilities)

6,020

Constellium

SE

\*

(Metals

&

Mining)

1,664

26,175

Construction

Partners,

Inc.

\*

-

Class

A

(Construction

&

Engineering)

549

62,778

Consumer

Portfolio

Services,

Inc.

\*

(Consumer

Finance)

916

Contango

ORE,

Inc.

\*

(Metals

&

Mining)

2,146

Cooper-Standard

Holdings,

Inc.

\*

(Automobile

Components)

5,984

COPT

Defense

Properties

(Office

REITs)

1,333

37,551

Core

Laboratories,

Inc.

(Energy

Equipment

&

Services)

549

8,751

Core

Molding

Technologies,

Inc.

\*

(Chemicals)

1,773

Core

Natural

Resources,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

610

48,190

Core

Scientific,

Inc.

\*

(IT

Services)

3,325

71,621

CoreCivic,

Inc.

\*

(Commercial

Services

&

Supplies)

1,262

23,385

CorMedix,

Inc.

\*

(Pharmaceuticals)

824

9,171

Corsair

Gaming,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

546

4,450

CorVel

Corp.

\*

(Health

Care

Providers

&

Services)

25,143

Corvus

Pharmaceuticals,

Inc.

\*

(Biotech

&

Pharma)

693

5,572

Costamare

Bulkers

Holdings

Ltd.

\*

(Marine

Transportation)

1,333

Costamare,

Inc.

(Marine

Transportation)

518

6,330

Coursera,

Inc.

\*

(Diversified

Consumer

Services)

1,617

13,615

Covenant

Logistics

Group,

Inc.

-

Class

A

(Ground

Transportation)

3,852

CPI

Card

Group,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

1,079

CRA

International,

Inc.

(Professional

Services)

14,668

Cracker

Barrel

Old

Country

Store,

Inc.

(Hotels,

Restaurants

&

Leisure)

8,762

Crawford

&

Co.

-

Class

A

(Insurance)

2,069

Credo

Technology

Group

Holding,

Ltd.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,733

325,146

Crescent

Energy

Co.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

2,092

17,636

Crexendo,

Inc.

\*

(Technology

Services)

1,093

Cricut,

Inc.

-

Class

A

(Household

Durables)

538

2,857

Crinetics

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,057

45,980

CRISPR

Therapeutics

AG

\*

(Biotechnology)

968

61,941

Critical

Metals

Corp.

\*

(Metals

&

Mining)

4,865

Cross

Country

Healthcare,

Inc.

\*

(Health

Care

Providers

&

Services)

4,487

CryoPort,

Inc.

\*

(Life

Sciences

Tools

&

Services)

571

5,276

Common

Stocks,

continued

Shares

Value

CS

Disco,

Inc.

\*

(Software)

$

1,763

CSG

Systems

International,

Inc.

(Professional

Services)

25,438

CSP,

Inc.

\*

(Technology

Services)

1,081

CSW

Industrials,

Inc.

(Building

Products)

47,830

CTO

Realty

Growth,

Inc.

(Equity

REIT

-

Diversified)

5,938

CTS

Corp.

(Electronic

Equipment,

Instruments

&

Components)

14,196

Cullinan

Therapeutics,

Inc.

\*

(Biotechnology)

596

5,161

Curbline

Properties

Corp.

(Retail

REITs)

1,139

26,265

CuriosityStream,

Inc.

(Entertainment

Content)

1,645

Cushman

&

Wakefield

PLC

\*

(Real

Estate

Management

&

Development)

2,708

42,517

Custom

Truck

One

Source,

Inc.

\*

(Trading

Companies

&

Distributors)

705

4,152

Customers

Bancorp,

Inc.

\*

(Banks)

23,224

CVB

Financial

Corp.

(Banks)

1,546

28,400

CVR

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

12,884

CVRx,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,916

Cytek

Biosciences,

Inc.

\*

(Life

Sciences

Tools

&

Services)

1,374

5,359

Cytokinetics,

Inc.

\*

(Biotechnology)

1,366

86,863

Daily

Journal

Corp.

\*

(Software)

6,076

Dakota

Gold

Corp.

\*

(Metals

&

Mining)

1,006

4,104

Daktronics,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

8,474

Dana,

Inc.

(Automobile

Components)

1,548

31,424

Dave

&

Buster's

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

4,671

Dave,

Inc.

\*

(Software)

25,847

Day

One

Biopharmaceuticals,

Inc.

\*

(Biotechnology)

841

6,257

Definitive

Healthcare

Corp.

\*

(Health

Care

Technology)

1,147

Delcath

Systems

Inc

\*

(Medical

Equipment

&

Devices)

3,421

Delek

US

Holdings,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

698

26,356

Deluxe

Corp.

(Commercial

Services

&

Supplies)

517

9,363

Denali

Therapeutics,

Inc.

\*

(Biotechnology)

1,548

25,201

Denny's

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

589

2,303

Designer

Brands,

Inc.

-

Class

A

(Specialty

Retail)

1,417

DHT

Holdings,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,490

19,787

DiaMedica

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

2,619

Diamond

Hill

Investment

Group,

Inc.

(Capital

Markets)

3,722

DiamondRock

Hospitality

Co.

(Hotel

&

Resort

REITs)

2,411

18,854

Dianthus

Therapeutics,

Inc.

\*

(Biotechnology)

6,716

Diebold

Nixdorf,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

17,568

Digi

International,

Inc.

\*

(Communications

Equipment)

15,626

Digimarc

Corp.

\*

(Software)

1,781

Digital

Turbine,

Inc.

\*

(Software)

1,224

7,638

DigitalBridge

Group,

Inc.

(Real

Estate

Management

&

Development)

2,004

23,707

DigitalOcean

Holdings,

Inc.

\*

(IT

Services)

800

32,528

Dime

Community

Bancshares,

Inc.

(Banks)

12,233

Dine

Brands

Global,

Inc.

(Hotels,

Restaurants

&

Leisure)

4,425

Diodes,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

537

28,654

Disc

Medicine,

Inc.

\*

(Biotechnology)

23,279

Diversified

Energy

Co.

PLC

(Oil,

Gas

&

Consumable

Fuels)

676

8,551

Diversified

Healthcare

Trust

(Health

Care

REITs)

2,567

10,935

DMC

Global,

Inc.

\*

(Energy

Equipment

&

Services)

1,822

DNOW,

Inc.

\*

(Trading

Companies

&

Distributors)

1,217

17,890

DocGo,

Inc.

\*

(Health

Care

Providers

&

Services)

1,065

1,161

Dole

PLC

(Food

Products)

825

10,511

Domo,

Inc.

\*

-

Class

B

(Software)

5,192

Donegal

Group,

Inc.

-

Class

A

(Insurance)

3,638

Donnelley

Financial

Solutions,

Inc.

\*

(Capital

Markets)

14,290

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Dorian

LPG,

Ltd.

(Oil,

Gas

&

Consumable

Fuels)

$

12,550

Dorman

Products,

Inc.

\*

(Automobile

Components)

43,324

Douglas

Dynamics,

Inc.

(Machinery)

8,011

Douglas

Elliman,

Inc.

(Real

Estate

Services)

857

2,117

Douglas

Emmett,

Inc.

(Office

REITs)

1,895

24,521

Dream

Finders

Homes,

Inc.

\*

-

Class

A

(Household

Durables)

6,989

Driven

Brands

Holdings,

Inc.

\*

(Commercial

Services

&

Supplies)

698

10,016

Ducommun,

Inc.

\*

(Aerospace

&

Defense)

14,772

D-Wave

Quantum,

Inc.

\*

(Software)

3,613

133,898

DXP

Enterprises,

Inc.

\*

(Trading

Companies

&

Distributors)

18,187

Dycom

Industries,

Inc.

\*

(Construction

&

Engineering)

94,395

Dynavax

Technologies

Corp.

\*

(Biotechnology)

1,206

12,374

Dyne

Therapeutics,

Inc.

\*

(Biotechnology)

1,277

28,835

Dynex

Capital,

Inc.

(Mortgage

REITs)

1,521

20,137

Eagle

Bancorp

Montana,

Inc.

\*

(Banking)

1,412

Eagle

Bancorp,

Inc.

(Banks)

5,511

Eagle

Financial

Services,

Inc.

\*

(Banking)

1,955

Easterly

Government

Properties,

Inc.

(Office

REITs)

10,442

Eastern

Bankshares,

Inc.

(Banks)

2,300

40,319

Eastman

Kodak

Co.

\*

(Technology

Hardware,

Storage

&

Peripherals)

743

4,711

ECB

BanCorp.,

Inc./MD

\*

(Banking)

1,427

EchoStar

Corp.

\*

-

Class

A

(Media)

1,586

118,743

Ecovyst,

Inc.

\*

(Chemicals)

1,370

11,220

Edgewell

Personal

Care

Co.

(Personal

Care

Products)

533

10,335

Edgewise

Therapeutics,

Inc.

\*

(Pharmaceuticals)

789

14,423

Editas

Medicine,

Inc.

\*

(Biotechnology)

987

3,040

eGain

Corp.

\*

(Software)

2,999

eHealth,

Inc.

\*

(Insurance)

1,744

El

Pollo

Loco

Holdings,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

3,158

ELECTROMED,

INC.

\*

(Medical

Equipment

&

Devices)

1,901

Eledon

Pharmaceuticals,

Inc.

\*

(Biotech

&

Pharma)

657

2,838

Elevra

Lithium

Ltd.

\*ADR

(Metals

&

Mining)

Ellington

Financial,

Inc.

(Mortgage

REITs)

1,080

14,386

Elme

Communities

(Residential

REITs)

1,029

16,928

Embecta

Corp.

(Health

Care

Equipment

&

Supplies)

684

9,125

Emerald

Holding,

Inc.

\*

(Media)

716

Emergent

BioSolutions,

Inc.

\*

(Biotechnology)

631

7,875

Empire

Petroleum

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

524

Empire

State

Realty

Trust,

Inc.

(Equity

REIT

-

Diversified)

1,614

11,927

Employers

Holdings,

Inc.

(Insurance)

10,753

Enact

Holdings,

Inc.

(Financial

Services)

12,109

Enanta

Pharmaceuticals,

Inc.

\*

(Biotechnology)

2,587

Encore

Capital

Group,

Inc.

\*

(Consumer

Finance)

11,102

Encore

Energy

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

2,153

6,653

Energizer

Holdings,

Inc.

(Household

Products)

775

18,003

Energy

Fuels,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

2,509

51,460

Energy

Recovery,

Inc.

\*

(Machinery)

623

10,660

Energy

Services

of

America

Corp.

\*

(Engineering

&

Construction)

1,512

Enerpac

Tool

Group

Corp.

(Machinery)

634

26,019

EnerSys

(Electrical

Equipment)

56,772

Enhabit,

Inc.

\*

(Health

Care

Providers

&

Services)

579

4,707

Enliven

Therapeutics,

Inc.

\*

(Pharmaceuticals)

11,499

Ennis,

Inc.

(Commercial

Services

&

Supplies)

4,756

Enova

International,

Inc.

\*

(Consumer

Finance)

33,719

Enovis

Corp.

\*

(Health

Care

Equipment

&

Supplies)

668

20,868

Enovix

Corp.

\*

(Electrical

Equipment)

1,926

23,093

Enpro,

Inc.

(Machinery)

57,306

Common

Stocks,

continued

Shares

Value

Enterprise

Financial

Services

Corp.

(Banks)

$

22,467

Entrada

Therapeutics,

Inc.

\*

(Biotechnology)

2,287

Entravision

Communications

Corp.

-

Class

A

(Media)

727

1,505

Envela

Corp.

\*

(Renewable

Energy)

709

Enviri

Corp.

\*

(Commercial

Services

&

Supplies)

889

10,855

Eos

Energy

Enterprises,

Inc.

\*

(Renewable

Energy)

2,977

47,721

ePlus,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

22,606

Epsilon

Energy

Ltd.

\*

(Oil

&

Gas

Producers)

1,080

Equity

Bancshares,

Inc.

-

Class

A

(Banks)

6,684

Erasca,

Inc.

\*

(Biotechnology)

2,029

4,910

Ermenegildo

Zegna

NV

\*

(Apparel

&

Textile

Products)

722

7,372

Escalade,

Inc.

(Leisure

Products)

1,358

ESCO

Technologies,

Inc.

(Machinery)

66,719

Esperion

Therapeutics,

Inc.

\*

(Pharmaceuticals)

2,334

6,932

Esquire

Financial

Holdings,

Inc.

(Banks)

7,879

Essent

Group,

Ltd.

(Financial

Services)

1,141

69,110

Essential

Properties

Realty

Trust,

Inc.

(Equity

REIT

-

Diversified)

2,324

69,442

Ethan

Allen

Interiors,

Inc.

(Household

Durables)

6,574

Eton

Pharmaceuticals,

Inc.

\*

(Biotech

&

Pharma)

5,403

European

Wax

Center,

Inc.

\*

-

Class

A

(Diversified

Consumer

Services)

1,330

Eve

Holding,

Inc.

\*

(Aerospace

&

Defense)

597

2,603

Eventbrite,

Inc.

\*

-

Class

A

(Entertainment)

884

2,042

EverCommerce,

Inc.

\*

(Software)

1,993

EverQuote,

Inc.

\*

-

Class

A

(Interactive

Media

&

Services)

6,979

EVERTEC,

Inc.

(Financial

Services)

752

21,409

EVgo,

Inc.

\*

(Specialty

Retail)

1,499

6,161

EVI

Industries,

Inc.

(Trading

Companies

&

Distributors)

1,589

Evolent

Health,

Inc.

\*

-

Class

A

(Health

Care

Technology)

1,372

9,151

Evolus,

Inc.

\*

(Pharmaceuticals)

685

4,425

Evolution

Petroleum

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,594

Evolv

Technologies

Holdings,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,352

10,464

Excelerate

Energy,

Inc.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

6,970

eXp

World

Holdings,

Inc.

(Real

Estate

Management

&

Development)

1,030

10,547

Expensify,

Inc.

\*

(Software)

699

1,139

Exponent,

Inc.

(Professional

Services)

594

42,061

Expro

Group

Holdings

N.V.

\*

(Energy

Equipment

&

Services)

1,207

16,391

Extreme

Networks,

Inc.

\*

(Communications

Equipment)

1,543

29,348

EyePoint

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

686

8,980

F&G

Annuities

&

Life,

Inc.

(Insurance)

7,383

Fabrinet

\*

(Electronic

Equipment,

Instruments

&

Components)

186,361

Faraday

Future

Intelligent

Electric,

Inc.

\*

(Software)

1,070

1,477

Farmers

&

Merchants

Bancorp,

Inc.

(Banks)

3,537

Farmers

National

Banc

Corp.

(Banks)

5,542

Farmland

Partners,

Inc.

(Specialized

REITs)

4,865

Fastly,

Inc.

\*

-

Class

A

(IT

Services)

1,602

13,281

Fate

Therapeutics,

Inc.

\*

(Biotechnology)

1,271

1,716

FB

BanCorp,

Inc.

\*

(Banking)

2,520

FB

Financial

Corp.

(Banks)

26,195

Federal

Agricultural

Mortgage

Corp.

-

Class

C

(Financial

Services)

17,292

Federal

Signal

Corp.

(Machinery)

703

82,975

Fennec

Pharmaceuticals,

Inc.

\*

(Biotechnology)

2,247

Ferroglobe

PLC

\*

(Metals

&

Mining)

1,397

6,775

Fidelis

Insurance

Holdings,

Ltd.

(Insurance)

681

12,244

Fidelity

D&D

Bancorp,

Inc.

(Banks)

2,446

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Figs,

Inc.

\*

-

Class

A

(Textiles,

Apparel

&

Luxury

Goods)

1,034

$

7,714

Finance

Of

America

Cos,

Inc.

\*

(Specialty

Finance)

1,144

Financial

Institutions,

Inc.

(Banks)

6,596

Finward

BanCorp.

\*

(Banking)

1,406

Finwise

BanCorp.

\*

(Banking)

2,034

First

Advantage

Corp.

(Professional

Services)

926

11,695

First

Bancorp

(Banks)

1,891

36,856

First

Bancorp

(Banks)

22,911

First

Bank/Hamilton

NJ

(Banks)

3,936

First

Busey

Corp.

(Banks)

1,001

22,382

First

Business

Financial

Services,

Inc.

(Banks)

4,707

First

Capital,

Inc.

\*

(Banking)

1,636

First

Commonwealth

Financial

Corp.

(Banks)

1,221

18,669

First

Community

Bancshares,

Inc.

(Banks)

5,918

First

Community

Corp./SC

\*

(Banking)

2,306

First

Financial

Bancorp

(Banks)

1,115

26,102

First

Financial

Bankshares,

Inc.

(Banks)

1,573

48,590

First

Financial

Corp.

(Banks)

7,092

First

Foundation,

Inc.

(Banks)

742

4,036

First

Internet

Bancorp

(Banks)

1,614

First

Interstate

BancSystem,

Inc.

-

Class

A

(Banks)

1,046

32,688

First

Merchants

Corp.

(Banks)

682

24,197

First

Mid

Bancshares,

Inc.

(Banks)

9,075

First

National

Corp.

\*

(Banking)

2,049

First

Savings

Financial

Group,

Inc.

\*

(Banking)

1,924

First

United

Corp.

\*

(Banking)

2,417

First

Watch

Restaurant

Group,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

531

8,756

First

Western

Financial,

Inc.

\*

(Banks)

2,240

FirstCash

Holdings,

Inc.

\*

(Consumer

Finance)

73,385

Firstsun

Capital

BanCorp.

\*

(Banking)

5,003

FitLife

Brands,

Inc.

\*

(Biotech

&

Pharma)

880

Five

Star

Bancorp

(Banks)

6,463

Five9,

Inc.

\*

(Software)

894

21,706

FLEX

LNG,

Ltd.

(Oil,

Gas

&

Consumable

Fuels)

9,505

Flexsteel

Industries,

Inc.

(Household

Durables)

1,470

Flotek

Industries

Inc

\*

(Oil

&

Gas

Services

&

Equipment)

2,891

Flowco

Holdings,

Inc.

\*

-

Class

A

(Oil

&

Gas

Services

&

Equipment)

3,791

Fluence

Energy,

Inc.

\*

(Electrical

Equipment)

888

18,648

Fluor

Corp.

\*

(Construction

&

Engineering)

1,919

93,590

Flushing

Financial

Corp.

(Banks)

5,154

flyExclusive,

Inc.

\*

(Passenger

Airlines)

Flywire

Corp.

\*

(Financial

Services)

1,371

18,262

Foghorn

Therapeutics,

Inc.

\*

(Biotechnology)

1,689

Forafric

Global

PLC

\*

(Food

Products)

Forestar

Group,

Inc.

\*

(Real

Estate

Management

&

Development)

5,878

Forge

Global

Holdings,

Inc.

\*

(Institutional

Financial

Services)

2,567

FormFactor,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

911

50,059

Forrester

Research,

Inc.

\*

(Professional

Services)

955

Fortrea

Holdings,

Inc.

\*

(Life

Sciences

Tools

&

Services)

1,068

11,171

Forum

Energy

Technologies,

Inc.

\*

(Energy

Equipment

&

Services)

3,481

Forward

Air

Corp.

(Air

Freight

&

Logistics)

4,665

Four

Corners

Property

Trust,

Inc.

(Specialized

REITs)

1,167

27,588

Fox

Factory

Holding

Corp.

\*

(Automobile

Components)

10,878

Franklin

BSP

Realty

Trust,

Inc.

(Mortgage

REITs)

957

9,704

Franklin

Covey

Co.

\*

(Professional

Services)

2,139

Franklin

Electric

Co.,

Inc.

(Machinery)

44,258

Franklin

Financial

Services

Corp.

\*

(Banking)

2,220

Franklin

Street

Properties

Corp.

(Office

REITs)

925

1,110

Frequency

Electronics

Inc

\*

(Technology

Hardware)

2,827

Common

Stocks,

continued

Shares

Value

Fresh

Del

Monte

Produce,

Inc.

(Food

Products)

$

13,751

Freshworks,

Inc.

\*

-

Class

A

(Software)

2,349

26,074

Freyr

Battery,

Inc.

\*

(Electrical

Equipment)

1,304

4,851

Friedman

Industries,

Inc.

\*

(Steel)

1,678

Frontdoor,

Inc.

\*

(Diversified

Consumer

Services)

870

57,795

Frontier

Group

Holdings,

Inc.

\*

(Passenger

Airlines)

990

3,821

FrontView

REIT,

Inc.

\*

(Retail

REITs)

2,993

FRP

Holdings,

Inc.

\*

(Real

Estate

Management

&

Development)

3,223

FS

Bancorp,

Inc.

(Banks)

2,940

FTAI

Infrastructure,

Inc.

(Ground

Transportation)

1,264

6,750

fuboTV,

Inc.

\*

(Interactive

Media

&

Services)

3,901

14,746

Fulcrum

Therapeutics,

Inc.

\*

(Pharmaceuticals)

503

4,401

Fulgent

Genetics,

Inc.

\*

(Health

Care

Providers

&

Services)

5,433

Fulton

Financial

Corp.

(Banks)

2,135

37,085

Funko,

Inc.

\*

-

Class

A

(Leisure

Products)

1,267

FutureFuel

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,155

FVCBankcorp,

Inc.

\*

(Banks)

2,200

Gaia,

Inc.

\*

(Retail

-

Discretionary)

1,018

Gambling.com

Group,

Ltd.

\*

(Media)

1,369

Gannett

Co.,

Inc.

\*

(Media)

1,649

8,740

Garret

Motion,

Inc.

\*

(Automotive)

1,573

26,647

GATX

Corp.

(Trading

Companies

&

Distributors)

65,876

GBank

Financial

Holdings,

Inc.

\*

(Specialty

Finance)

3,808

GCM

Grosvenor,

Inc.

-

Class

A

(Capital

Markets)

572

6,584

Genco

Shipping

&

Trading,

Ltd.

(Marine

Transportation)

6,765

Gencor

Industries,

Inc.

\*

(Machinery)

1,644

GeneDx

Holdings

Corp.

\*

(Health

Care

Providers

&

Services)

29,983

Genesco,

Inc.

\*

(Specialty

Retail)

3,365

Genie

Energy,

Ltd.

-

Class

B

(Electric

Utilities)

3,747

Genius

Sports

Ltd.

\*

(Leisure

Facilities

&

Services)

2,558

28,803

Gentherm,

Inc.

\*

(Automobile

Components)

13,101

Genworth

Financial,

Inc.

\*

-

Class

A

(Insurance)

4,817

40,654

German

American

Bancorp,

Inc.

(Banks)

16,341

Geron

Corp.

\*

(Biotechnology)

6,385

8,045

Getty

Images

Holdings,

Inc.

\*

(Interactive

Media

&

Services)

1,287

2,420

Getty

Realty

Corp.

(Retail

REITs)

619

16,979

Gevo,

Inc.

\*

(Renewable

Energy)

2,705

6,330

Gibraltar

Industries,

Inc.

\*

(Building

Products)

21,774

GigaCloud

Technology,

Inc.

\*

-

Class

A

(Distributors)

8,114

G-III

Apparel

Group,

Ltd.

\*

(Textiles,

Apparel

&

Luxury

Goods)

12,136

Ginkgo

Bioworks

Holdings,

Inc.

\*

(Health

Care

Facilities

&

Services)

5,897

Glacier

Bancorp,

Inc.

(Banks)

1,499

61,233

Gladstone

Commercial

Corp.

(Equity

REIT

-

Diversified)

541

6,184

Gladstone

Land

Corp.

(Specialized

REITs)

3,615

Glaukos

Corp.

\*

(Health

Care

Equipment

&

Supplies)

654

57,598

Global

Business

Travel

Group,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

1,105

8,685

Global

Industrial

Co.

(Trading

Companies

&

Distributors)

4,775

Global

Medical

REIT,

Inc.

(Health

Care

REITs)

4,574

Global

Net

Lease,

Inc.

(Equity

REIT

-

Diversified)

2,342

17,846

Global

Water

Resources,

Inc.

(Water

Utilities)

1,458

Globalstar,

Inc.

\*

(Telecommunications)

586

31,885

Gogo,

Inc.

\*

(Wireless

Telecommunication

Services)

903

8,217

GoHealth,

Inc.

\*

-

Class

A

(Insurance)

Golar

LNG,

Ltd.

(Oil,

Gas

&

Consumable

Fuels)

1,169

47,987

Golden

Entertainment,

Inc.

ARS

(Hotels,

Restaurants

&

Leisure)

4,606

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Golden

Matrix

Group,

Inc.

\*

(Entertainment)

$

Goosehead

Insurance,

Inc.

\*

-

Class

A

(Insurance)

19,365

Gossamer

Bio,

Inc.

\*

(Biotech

&

Pharma)

2,220

5,439

Graham

Corp.

\*

(Machinery)

7,599

Graham

Holdings

Co.

-

Class

B

(Diversified

Consumer

Services)

38,461

GRAIL,

Inc.

\*

(Biotechnology)

33,371

Granite

Construction,

Inc.

(Construction

&

Engineering)

512

52,690

Granite

Ridge

Resources,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

632

3,337

Gray

Television,

Inc.

(Media)

1,028

4,698

Great

Ajax

Corp.

\*

(Specialty

Finance)

1,226

Great

Lakes

Dredge

&

Dock

Corp.

\*

(Construction

&

Engineering)

778

8,830

Great

Southern

Bancorp,

Inc.

(Banks)

5,514

Green

Brick

Partners,

Inc.

\*

(Household

Durables)

23,630

Green

Dot

Corp.

\*

-

Class

A

(Consumer

Finance)

627

7,279

Green

Plains,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

751

7,720

Greene

County

Bancorp,

Inc.

(Banks)

1,800

Greenlight

Capital

Re,

Ltd.

\*

-

Class

A

(Insurance)

3,745

Greenwich

Lifesciences,

Inc.

\*

(Biotechnology)

654

Greif,

Inc.

-

Class

A

(Containers

&

Packaging)

16,839

Greif,

Inc.

-

Class

B

(Containers

&

Packaging)

3,183

Grid

Dynamics

Holdings,

Inc.

\*

(IT

Services)

772

7,210

Griffon

Corp.

(Building

Products)

33,230

Grindr,

Inc.

\*

(Interactive

Media

&

Services)

5,405

Grocery

Outlet

Holding

Corp.

\*

(Consumer

Staples

Distribution

&

Retail)

1,108

15,080

Group

Automotive,

Inc.

(Specialty

Retail)

58,437

Groupon,

Inc.

\*

(Broadline

Retail)

5,878

Guardant

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

1,396

129,855

Guardian

Pharmacy

Services,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

6,393

Gulfport

Energy

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

34,598

Gyre

Therapeutics,

Inc.

\*

(Biotechnology)

822

H.B.

Fuller

Co.

(Chemicals)

640

36,717

HA

Sustainable

Infrastructure

Capital,

Inc.

(Financial

Services)

1,402

38,849

Haemonetics

Corp.

\*

(Health

Care

Equipment

&

Supplies)

564

28,206

Hallador

Energy

Co.

\*

(Oil,

Gas

&

Consumable

Fuels)

7,852

Hamilton

Beach

Brands

Holding

Co.

-

Class

A

(Household

Durables)

1,182

Hamilton

Insurance

Group,

Ltd.

\*

-

Class

B

(Insurance)

537

12,711

Hancock

Whitney

Corp.

(Banks)

1,007

57,510

Hanesbrands,

Inc.

\*

(Textiles,

Apparel

&

Luxury

Goods)

4,110

27,167

Hanmi

Financial

Corp.

(Banks)

9,266

Hanover

Bancorp,

Inc.

\*

(Banking)

1,098

HarborOne

Bancorp,

Inc.

(Banks)

5,409

Harmonic,

Inc.

\*

(Communications

Equipment)

1,315

14,071

Harmony

Biosciences

Holdings,

Inc.

\*

(Pharmaceuticals)

511

14,599

Harrow,

Inc.

\*

(Pharmaceuticals)

13,937

Haverty

Furniture

Cos.,

Inc.

(Specialty

Retail)

3,446

Hawaiian

Electric

Industries,

Inc.

(Electric

Utilities)

2,040

23,705

Hawkins,

Inc.

(Chemicals)

32,342

Hawthorn

Bancshares,

Inc.

\*

(Banking)

2,054

HBT

Financial,

Inc.

(Banks)

3,268

HCI

Group,

Inc.

(Insurance)

24,685

Health

Catalyst,

Inc.

\*

(Health

Care

Technology)

791

2,555

Healthcare

Services

Group,

Inc.

\*

(Commercial

Services

&

Supplies)

853

15,243

HealthEquity,

Inc.

\*

(Health

Care

Providers

&

Services)

998

94,390

HealthStream,

Inc.

(Health

Care

Technology)

7,060

Heartland

Express,

Inc.

(Ground

Transportation)

520

4,056

Common

Stocks,

continued

Shares

Value

Hecla

Mining

Co.

(Metals

&

Mining)

7,017

$

90,310

Heidrick

&

Struggles

International,

Inc.

(Professional

Services)

14,009

Helen

of

Troy,

Ltd.

\*

(Household

Durables)

4,993

Helios

Technologies,

Inc.

(Machinery)

21,480

Helix

Energy

Solutions

Group,

Inc.

\*

(Energy

Equipment

&

Services)

1,626

10,927

Helmerich

&

Payne,

Inc.

(Energy

Equipment

&

Services)

1,131

29,700

Herbalife,

Ltd.

\*

(Personal

Care

Products)

1,182

9,456

Herc

Holdings,

Inc.

(Trading

Companies

&

Distributors)

54,263

Heritage

Commerce

Corp.

(Banks)

701

7,290

Heritage

Financial

Corp.

(Banks)

8,854

Heritage

Insurance

Holdings,

Inc.

\*

(Insurance)

6,262

Heron

Therapeutics,

Inc.

\*

(Biotechnology)

1,788

2,074

Hertz

Global

Holdings,

Inc.

\*

(Ground

Transportation)

1,381

7,085

HF

Foods

Group,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

1,013

HighPeak

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,423

Hillenbrand,

Inc.

(Machinery)

826

26,102

Hillman

Solutions

Corp.

\*

(Machinery)

2,316

21,354

Hilltop

Holdings,

Inc.

(Banks)

522

16,861

Hilton

Grand

Vacations,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

675

27,979

Himalaya

Shipping,

Ltd.

(Marine

Transportation)

2,736

Hims

&

Hers

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

2,228

101,284

Hingham

Institution

for

Savings

(Banks)

5,885

Hippo

Holdings,

Inc.

\*

(Insurance)

7,687

HireQuest,

Inc.

(Professional

Services)

554

HNI

Corp.

(Commercial

Services

&

Supplies)

530

21,688

Holley,

Inc.

\*

(Automobile

Components)

696

1,998

Hologic,

Inc.

\*

(Biotechnology)

1,869

Home

Bancorp,

Inc.

(Banks)

4,252

Home

BancShares,

Inc.

(Banks)

2,203

58,841

HomeTrust

Bancshares,

Inc.

(Banks)

7,351

Hope

Bancorp,

Inc.

(Banks)

1,447

15,179

Horace

Mann

Educators

Corp.

(Insurance)

21,327

Horizon

Bancorp,

Inc.

(Banks)

508

7,925

Hovnanian

Enterprises,

Inc.

\*

-

Class

A

(Household

Durables)

6,733

Hub

Group,

Inc.

-

Class

A

(Air

Freight

&

Logistics)

699

25,745

Hudson

Pacific

Properties,

Inc.

(Office

REITs)

4,349

10,612

Hudson

Technologies,

Inc.

\*

(Trading

Companies

&

Distributors)

4,084

Humacyte,

Inc.

\*

(Biotechnology)

1,465

2,447

Huron

Consulting

Group,

Inc.

\*

(Professional

Services)

32,724

Hut

Corp.

\*

(Software)

1,102

55,827

Hyliion

Holdings

Corp.

\*

(Machinery)

1,449

3,434

Hyster-Yale,

Inc.

-

Class

A

(Machinery)

4,924

I3

Verticals,

Inc.

\*

-

Class

A

(Financial

Services)

8,303

IBEX

Holdings,

Ltd.

\*

(Professional

Services)

4,709

Ibotta,

Inc.

\*

-

Class

A

(Media)

5,258

ICF

International,

Inc.

(Professional

Services)

17,260

Ichor

Holdings,

Ltd.

\*

(Semiconductors

&

Semiconductor

Equipment)

9,027

ICU

Medical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

33,985

Idaho

Strategic

Resources,

Inc.

\*

(Metals

&

Mining)

4,992

Ideaya

Biosciences,

Inc.

\*

(Biotechnology)

939

29,917

IDT

Corp.

-

Class

B

(Diversified

Telecommunication

Services)

9,625

IES

Holdings,

Inc.

\*

(Construction

&

Engineering)

41,539

iHeartMedia,

Inc.

\*

-

Class

A

(Media)

1,394

4,140

IMAX

Corp.

\*

(Entertainment)

512

16,635

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Immersion

Corp.

(Technology

Hardware,

Storage

&

Peripherals)

$

2,194

ImmunityBio,

Inc.

\*

(Biotechnology)

2,689

6,454

Immunome,

Inc.

\*

(Biotechnology)

902

14,495

Immunovant,

Inc.

\*

(Biotechnology)

799

19,719

Impinj,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

61,457

Independence

Realty

Trust,

Inc.

(Residential

REITs)

2,752

43,840

Independent

Bank

Corp.

(Banks)

7,071

Independent

Bank

Corp.

(Banks)

570

38,355

indie

Semiconductor,

Inc.

\*

-

Class

A

(Semiconductors

&

Semiconductor

Equipment)

2,267

12,196

Indivior

PLC

\*

(Biotech

&

Pharma)

1,418

41,646

Industrial

Logistics

Properties

Trust

(Industrial

REITs)

625

3,300

Infinity

Natural

Resources,

Inc.

\*

-

Class

A

(Oil

&

Gas

Producers)

2,066

Information

Services

Group,

Inc.

(IT

Services)

2,270

Ingevity

Corp.

\*

(Chemicals)

22,885

Ingles

Markets,

Inc.

-

Class

A

(Consumer

Staples

Distribution

&

Retail)

11,816

Inhibikase

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

707

1,039

Inhibrx

Biosciences,

Inc.

\*

(Biotechnology)

8,656

Inmune

Bio,

Inc.

\*

(Biotechnology)

Innodata,

Inc.

\*

(Professional

Services)

26,785

Innospec,

Inc.

(Chemicals)

21,633

Innovage

Holding

Corp.

\*

(Health

Care

Providers

&

Services)

1,060

Innovative

Industrial

Properties,

Inc.

(Industrial

REITs)

16,299

Innovex

International,

Inc.

\*

(Energy

Equipment

&

Services)

9,092

Innoviva,

Inc.

\*

(Pharmaceuticals)

736

13,395

Inogen,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

2,291

Inseego

Corp.

\*

(Technology

Hardware)

2,413

Insight

Enterprises,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

33,800

Insperity,

Inc.

(Professional

Services)

18,619

Inspired

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

2,205

Installed

Building

Products,

Inc.

(Household

Durables)

68,014

Insteel

Industries,

Inc.

(Building

Products)

6,842

Intapp,

Inc.

\*

(Software)

661

25,369

Integer

Holdings

Corp.

\*

(Health

Care

Equipment

&

Supplies)

26,022

Integra

LifeSciences

Holdings

Corp.

\*

(Health

Care

Equipment

&

Supplies)

784

9,416

Integral

Ad

Science

Holding

Corp.

\*

(Media)

891

9,097

Intellia

Therapeutics,

Inc.

\*

(Biotechnology)

1,161

14,652

Inter

Parfums,

Inc.

(Personal

Care

Products)

19,077

InterDigital,

Inc.

(Software)

109,674

Interface,

Inc.

(Commercial

Services

&

Supplies)

678

16,882

International

Bancshares

Corp.

(Banks)

638

42,350

International

Game

Technology

PLC

(Hotels,

Restaurants

&

Leisure)

1,308

21,791

International

Money

Express,

Inc.

\*

(Financial

Services)

4,780

International

Seaways,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

24,078

Intrepid

Potash,

Inc.

\*

(Chemicals)

3,355

Intuitive

Machines,

Inc.

\*

(Aerospace

&

Defense)

1,279

15,258

InvenTrust

Properties

Corp.

(Retail

REITs)

913

25,016

Invesco

Mortgage

Capital,

Inc.

(Mortgage

REITs)

783

5,896

Investar

Holding

Corp.

(Banks)

2,542

Investors

Title

Co.

(Insurance)

4,396

IonQ,

Inc.

\*

(Technology

Hardware,

Storage

&

Peripherals)

3,234

201,736

Iovance

Biotherapeutics,

Inc.

\*

(Biotechnology)

3,052

6,012

Common

Stocks,

continued

Shares

Value

iRadimed

Corp.

(Health

Care

Equipment

&

Supplies)

$

7,297

iRhythm

Technologies,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

69,863

Ironwood

Pharmaceuticals,

Inc.

\*

(Biotechnology)

1,870

3,590

Ispire

Technology,

Inc.

\*

(Tobacco)

Itron,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

531

53,275

Ivanhoe

Electric,

Inc.

\*

(Metals

&

Mining)

1,003

14,834

J

&

J

Snack

Foods

Corp.

(Food

Products)

15,406

J

Jill,

Inc.

(Specialty

Retail)

1,296

Jack

in

the

Box,

Inc.

(Hotels,

Restaurants

&

Leisure)

3,513

Jackson

Financial,

Inc.

-

Class

A

(Financial

Services)

839

84,581

Jade

Biosciences,

Inc.

\*

(Biotech

&

Pharma)

3,714

JAKKS

Pacific,

Inc.

\*

(Leisure

Products)

1,768

James

River

Group

Holdings,

Ltd.

(Insurance)

2,198

Jamf

Holding

Corp.

\*

(Software)

844

10,845

Janus

International

Group,

Inc.

\*

(Building

Products)

1,586

15,226

Janux

Therapeutics,

Inc.

\*

(Biotechnology)

13,207

JBG

SMITH

Properties

(Office

REITs)

730

14,228

Jefferson

Capital,

Inc.

(Consumer

Finance)

2,568

JELD-WEN

Holding,

Inc.

\*

(Building

Products)

994

4,314

JetBlue

Airways

Corp.

\*

(Passenger

Airlines)

3,861

16,216

Joby

Aviation,

Inc.

\*

(Passenger

Airlines)

5,397

93,585

John

B. Sanfilippo

&

Son,

Inc.

(Food

Products)

5,776

John

Bean

Technologies

Corp.

(Machinery)

611

77,047

John

Marshall

Bancorp,

Inc.

(Banks)

2,827

John

Wiley

&

Sons,

Inc.

-

Class

A

(Media)

17,734

Johnson

Outdoors,

Inc.

-

Class

A

(Leisure

Products)

2,525

Journey

Medical

Corp.

\*

(Biotech

&

Pharma)

1,161

Kadant,

Inc.

(Machinery)

38,179

Kaiser

Aluminum

Corp.

(Metals

&

Mining)

17,020

Kaltura,

Inc.

\*

(Software)

1,055

1,635

KalVista

Pharmaceuticals,

Inc.

\*

(Biotechnology)

4,811

KAR

Auction

Services,

Inc.

\*

(Commercial

Services

&

Supplies)

1,244

32,866

Karat

Packaging,

Inc.

(Trading

Companies

&

Distributors)

2,402

KB

Home

(Household

Durables)

776

48,438

Kearney

Financial

Corp.

(Banks)

669

4,275

Kelly

Services,

Inc.

-

Class

A

(Professional

Services)

3,980

Kennametal,

Inc.

(Machinery)

891

19,557

Kennedy-Wilson

Holdings,

Inc.

(Real

Estate

Management

&

Development)

1,415

10,697

Keros

Therapeutics,

Inc.

\*

(Biotechnology)

6,012

Kestra

Medical

Technologies

Ltd.

\*

(Medical

Equipment

&

Devices)

4,217

Kforce,

Inc.

(Professional

Services)

5,313

Kimball

Electronics,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

8,257

KinderCare

Learning

Cos.,

Inc.

\*

(Diversified

Consumer

Services)

2,177

Kinetik

Holdings,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

518

19,948

Kingstone

Companies,

Inc.

\*

(Insurance)

1,925

Kingsway

Financial

Services,

Inc.

\*

(Insurance)

3,517

Kite

Realty

Group

Trust

(Retail

REITs)

2,583

57,187

KKR

Real

Estate

Finance

Trust,

Inc.

(Mortgage

REITs)

668

5,438

Knife

River

Corp.

\*

(Construction

Materials)

669

40,447

Knowles

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

999

23,586

Kodiak

Gas

Services,

Inc.

(Energy

Equipment

&

Services)

788

29,061

Kodiak

Sciences,

Inc.

\*

(Biotechnology)

6,942

Kohl's

Corp.

(Broadline

Retail)

1,275

20,745

Kolibri

Global

Energy,

Inc.

\*

(Oil

&

Gas

Producers)

1,525

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Kontoor

Brands,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

644

$

52,113

Kopin

Corp.

\*

(Technology

Hardware)

1,861

6,439

Koppers

Holdings,

Inc.

(Chemicals)

6,378

Korn

Ferry

(Professional

Services)

605

39,144

Korro

Bio,

Inc.

\*

(Biotechnology)

3,191

Kosmos

Energy,

Ltd.

\*

(Oil,

Gas

&

Consumable

Fuels)

5,547

8,709

Kratos

Defense

&

Security

Solutions,

Inc.

\*

(Aerospace

&

Defense)

1,950

176,669

Krispy

Kreme,

Inc.

(Hotels,

Restaurants

&

Leisure)

902

3,238

Kronos

Worldwide,

Inc.

\*

(Chemicals)

1,255

Krystal

Biotech,

Inc.

\*

(Biotechnology)

57,278

Kulicke

&

Soffa

Industries,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

603

24,078

KULR

Technology

Group,

Inc.

\*

(Technology

Hardware)

1,605

Kura

Oncology,

Inc.

\*

(Biotechnology)

943

9,685

Kura

Sushi

USA,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

4,156

Kymera

Therapeutics,

Inc.

\*

(Biotechnology)

589

36,424

L.B.

Foster

Co.

\*

-

Class

A

(Machinery)

3,233

Ladder

Capital

Corp.

(Mortgage

REITs)

1,336

14,122

Lakeland

Financial

Corp.

(Banks)

16,773

Lakeland

Industries,

Inc.

\*

(Apparel

&

Textile

Products)

1,761

Lancaster

Colony

Corp.

(Food

Products)

36,846

Landec

Corp.

\*

(Life

Sciences

Tools

&

Services)

2,322

Landmark

BanCorp,

Inc./Manhattan

KS

\*

(Banking)

1,362

Lands'

End,

Inc.

\*

(Specialty

Retail)

2,156

Lantheus

Holdings,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

797

45,979

Larimar

Therapeutics,

Inc.

\*

(Biotechnology)

550

2,140

Latham

Group,

Inc.

\*

(Leisure

Products)

525

3,806

Laureate

Education,

Inc.

(Diversified

Consumer

Services)

1,505

43,691

Lawson

Products,

Inc.

\*

(Trading

Companies

&

Distributors)

3,144

La-Z-Boy,

Inc.

(Household

Durables)

15,375

LCI

Industries

(Automobile

Components)

29,805

LCNB

Corp.

(Banks)

2,412

Legacy

Housing

Corp.

\*

(Household

Durables)

2,268

Legalzoom.com,

Inc.

\*

(Professional

Services)

1,387

13,828

Leggett

&

Platt,

Inc.

(Household

Durables)

1,560

14,570

LeMaitre

Vascular,

Inc.

(Health

Care

Equipment

&

Supplies)

21,133

Lemonade,

Inc.

\*

(Insurance)

651

39,112

LendingClub

Corp.

\*

(Consumer

Finance)

1,324

23,024

LendingTree,

Inc.

\*

(Consumer

Finance)

8,384

LENSAR,

Inc.

\*

(Medical

Equipment

&

Devices)

1,353

LENZ

Therapeutics,

Inc.

\*

(Biotechnology)

5,617

Lexeo

Therapeutics,

Inc.

\*

(Biotechnology)

2,943

Lexington

Realty

Trust

(Industrial

REITs)

3,410

32,361

LGI

Homes,

Inc.

\*

(Household

Durables)

9,917

Liberty

Energy,

Inc.

(Energy

Equipment

&

Services)

1,847

33,449

Liberty

Latin

America,

Ltd.

\*

-

Class

A

(Diversified

Telecommunication

Services)

2,660

Liberty

Latin

America,

Ltd.

\*

-

Class

C

(Diversified

Telecommunication

Services)

1,483

11,731

Life

Time

Group

Holdings,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

1,588

39,272

Life360,

Inc.

\*

(Software)

18,557

LifeMD,

Inc.

\*

(Health

Care

Technology)

2,594

LifeStance

Health

Group,

Inc.

\*

(Health

Care

Providers

&

Services)

1,549

7,590

LIFEVANTAGE

CORPORATION

\*

(Food

Products)

1,016

Lifeway

Foods,

Inc.

\*

(Food

Products)

1,439

Lifezone

Metals,

Ltd.

\*

(Metals

&

Mining)

1,610

Common

Stocks,

continued

Shares

Value

Ligand

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

$

42,663

Lightbridge

Corp.

\*

(Electrical

Equipment)

6,627

Limbach

Holdings,

Inc.

\*

(Construction

&

Engineering)

11,716

Limoneira

Co.

(Food

Products)

2,755

Lincoln

Educational

Services

Corp.

\*

(Diversified

Consumer

Services)

6,719

Lindblad

Expeditions

Holdings,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

5,306

Lindsay

Corp.

(Machinery)

14,127

LINKBANCORP,

Inc.

(Banks)

1,765

Lionsgate

Studios

Corp.

\*

(Entertainment)

2,396

15,406

Liquidia

Corp.

\*

(Pharmaceuticals)

751

18,294

Liquidity

Services,

Inc.

\*

(Commercial

Services

&

Supplies)

6,512

LivaNova

PLC

\*

(Health

Care

Equipment

&

Supplies)

637

33,525

Live

Oak

Bancshares,

Inc.

(Banks)

12,861

LiveRamp

Holdings,

Inc.

\*

(Software)

756

20,669

Livewire

Group,

Inc.

\*

(Automobiles)

2,351

loanDepot,

Inc.

\*

(Specialty

Finance)

969

2,926

Logistic

Properties

Of

The

Americas

\*

(Real

Estate

Owners

&

Developers)

LSB

Industries,

Inc.

\*

(Chemicals)

630

5,311

LSI

Industries,

Inc.

(Electrical

Equipment)

7,119

LTC

Properties,

Inc.

(Health

Care

REITs)

532

18,663

Lucid

Diagnostics,

Inc.

\*

(Medical

Equipment

&

Devices)

831

1,006

Lumen

Technologies,

Inc.

\*

(Diversified

Telecommunication

Services)

11,157

114,694

Lument

Finance

Trust

Inc

\*

(Specialty

Finance)

533

831

Luminar

Technologies,

Inc.

\*

(Automobile

Components)

519

602

Luxfer

Holdings

PLC

(Machinery)

3,819

M/I

Homes,

Inc.

\*

(Household

Durables)

38,183

Mack-Cali

Realty

Corp.

\*

(Residential

REITs)

923

13,254

Madison

Square

Garden

Entertainment

Corp.

\*

(Entertainment)

20,490

Madrigal

Pharmaceuticals,

Inc.

\*

(Biotechnology)

90,900

Magnera

Corp.

\*

(Forestry,

Paper

&

Wood

Products)

3,536

Magnite,

Inc.

\*

(Media)

1,637

29,270

Magnolia

Oil

&

Gas

Corp.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

2,179

48,940

MainStreet

Bancshares,

Inc.

\*

(Banking)

1,521

Malibu

Boats,

Inc.

\*

-

Class

A

(Leisure

Products)

6,020

Mama's

Creations,

Inc.

\*

(Food

Products)

4,215

Mammoth

Energy

Services,

Inc.

\*

(Energy

Equipment

&

Services)

579

Mannkind

Corp.

\*

(Biotechnology)

3,539

19,783

MARA

Holdings,

Inc.

\*

(Software)

4,347

79,420

Maravai

LifeSciences

Holdings,

Inc.

\*

-

Class

A

(Life

Sciences

Tools

&

Services)

1,278

4,013

Marcus

&

Millichap,

Inc.

(Real

Estate

Management

&

Development)

8,179

Marex

Group

PLC

\*

(Institutional

Financial

Services)

629

19,091

Marine

Products

Corp.

(Leisure

Products)

870

MarineMax,

Inc.

\*

(Specialty

Retail)

5,499

MarketWise,

Inc.

(Capital

Markets)

Marqeta,

Inc.

\*

-

Class

A

(Financial

Services)

4,497

20,371

Marriott

Vacations

Worldwide

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

21,509

Marten

Transport,

Ltd.

(Ground

Transportation)

682

6,991

Masterbrand,

Inc.

\*

(Building

Products)

1,486

18,768

MasterCraft

Boat

Holdings,

Inc.

\*

(Leisure

Products)

3,831

Materion

Corp.

(Metals

&

Mining)

27,740

Mativ

Holdings,

Inc.

(Chemicals)

632

6,750

Matrix

Service

Co.

\*

(Construction

&

Engineering)

4,686

Matson,

Inc.

(Marine

Transportation)

38,360

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Matthews

International

Corp.

-

Class

A

(Commercial

Services

&

Supplies)

$

8,174

Maui

Land

&

Pineapple

Co.,

Inc.

\*

(Real

Estate

Management

&

Development)

1,280

MaxCyte,

Inc.

\*

(Life

Sciences

Tools

&

Services)

1,182

1,820

Maximus,

Inc.

(Professional

Services)

662

55,024

MaxLinear,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

954

14,453

Mayville

Engineering

Co.,

Inc.

\*

(Machinery)

2,958

Maze

Therapeutics,

Inc.

\*

(Biotechnology)

7,503

MBIA,

Inc.

(Insurance)

534

3,647

MBX

Biosciences,

Inc.

\*

(Pharmaceuticals)

3,931

McGrath

RentCorp

(Trading

Companies

&

Distributors)

30,835

McGraw

Hill,

Inc.

\*

(Diversified

Consumer

Services)

3,058

Mechanics

Bancorp

\*

(Banks)

2,879

Medallion

Financial

Corp.

(Consumer

Finance)

1,868

MediaAlpha,

Inc.

\*

-

Class

A

(Interactive

Media

&

Services)

4,960

Medifast,

Inc.

(Personal

Care

Products)

1,515

MediWound,

Ltd.

\*

(Pharmaceuticals)

1,650

Mednax,

Inc.

\*

(Health

Care

Providers

&

Services)

998

16,936

MeiraGTx

Holdings

PLC

\*

(Biotechnology)

4,422

Mercantile

Bank

Corp.

(Banks)

8,156

Merchants

Bancorp

(Financial

Services)

9,451

Mercurity

Fintech

Holding,

Inc.

\*

(Commercial

Support

Services)

3,905

Mercury

General

Corp.

(Insurance)

24,350

Mercury

Systems,

Inc.

\*

(Aerospace

&

Defense)

609

47,143

Meridian

Bank

of

Malvern,

PA

(Banking)

1,515

Merit

Medical

Systems,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

684

59,877

Meritage

Homes

Corp.

(Household

Durables)

831

56,142

Mesa

Laboratories,

Inc.

(Life

Sciences

Tools

&

Services)

4,385

Methode

Electronics,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

2,631

Metrocity

Bankshares,

Inc.

(Banks)

5,865

Metropolitan

Bank

Holding

Corp.

\*

(Banks)

7,091

Metsera,

Inc.

\*

(Biotechnology)

624

39,337

MFA

Financial,

Inc.

(Mortgage

REITs)

1,204

10,824

MGE

Energy,

Inc.

(Electric

Utilities)

35,800

MGP

Ingredients,

Inc.

(Beverages)

3,993

Microvast

Holdings,

Inc.

\*

(Automotive)

2,326

12,677

MicroVision,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

2,918

3,414

Mid

Penn

Bancorp,

Inc.

(Banks)

6,487

Middlefield

Banc

Corp.

(Banks)

2,771

Middlesex

Water

Co.

(Water

Utilities)

12,011

Midland

States

Bankcorp,

Inc.

(Banks)

3,528

MidWestOne

Financial

Group,

Inc.

(Banks)

7,102

Miller

Industries,

Inc.

(Machinery)

5,178

MillerKnoll,

Inc.

(Commercial

Services

&

Supplies)

791

12,355

MiMedx

Group,

Inc.

\*

(Biotechnology)

1,383

10,580

Mind

Medicine

MindMed,

Inc.

\*

(Pharmaceuticals)

881

12,510

Minerals

Technologies,

Inc.

(Chemicals)

20,941

Mineralys

Therapeutics,

Inc.

\*

(Biotechnology)

18,673

Mirion

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

2,750

80,768

Mirum

Pharmaceuticals,

Inc.

\*

(Biotechnology)

34,291

Mission

Produce,

Inc.

\*

(Food

Products)

5,748

Mister

Car

Wash,

Inc.

\*

(Diversified

Consumer

Services)

1,160

6,484

Mistras

Group,

Inc.

\*

(Professional

Services)

1,832

Mitek

Systems,

Inc.

\*

(Software)

520

4,789

Mobile

Infrastructure

Corp.

\*

(Real

Estate

Owners

&

Developers)

575

Modine

Manufacturing

Co.

\*

(Automobile

Components)

613

93,918

Common

Stocks,

continued

Shares

Value

Modiv

Industrial,

Inc.

\*

(Retail

REITs)

$

1,572

Moelis

&

Co.

-

Class

A

(Capital

Markets)

869

55,034

Monarch

Casino

&

Resort,

Inc.

(Hotels,

Restaurants

&

Leisure)

13,420

Monopar

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

3,533

Monro,

Inc.

(Specialty

Retail)

5,113

Montauk

Renewables,

Inc.

\*

(Independent

Power/

Renewable

Electricity

Producers)

786

1,596

Monte

Rosa

Therapeutics,

Inc.

\*

(Biotechnology)

545

7,003

Montrose

Environmental

Group,

Inc.

\*

(Commercial

Services

&

Supplies)

9,679

Moog,

Inc.

-

Class

A

(Aerospace

&

Defense)

67,396

Motorcar

Parts

of

America,

Inc.

\*

(Automotive)

2,644

Movado

Group,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

3,241

MRC

Global,

Inc.

\*

(Trading

Companies

&

Distributors)

983

13,713

M-Tron

Industries,

Inc.

\*

(Electrical

Equipment)

1,598

Mueller

Water

Products,

Inc.

-

Class

A

(Machinery)

1,824

46,804

Murphy

Oil

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,581

44,742

MVB

Financial

Corp.

(Banks)

3,453

Myers

Industries,

Inc.

(Containers

&

Packaging)

7,521

Myomo,

Inc.

\*

(Medical

Equipment

&

Devices)

MYR

Group,

Inc.

\*

(Construction

&

Engineering)

39,186

Myriad

Genetics,

Inc.

\*

(Biotechnology)

1,064

8,555

N-able,

Inc.

\*

(Software)

843

6,601

Nabors

Industries,

Ltd.

\*

(Energy

Equipment

&

Services)

8,685

NACCO

Industries,

Inc.

\*

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

1,987

NANO

Nuclear

Energy,

Inc.

\*

(Electrical

Equipment)

17,305

Nano-X

Imaging,

Ltd.

\*

(Health

Care

Providers

&

Services)

751

2,726

Napco

Security

Technologies,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

17,837

Nathan's

Famous,

Inc.

(Hotels,

Restaurants

&

Leisure)

3,598

National

Bank

Holdings

Corp.

-

Class

A

(Banks)

15,797

National

Bankshares,

Inc.

(Banks)

2,090

National

Beverage

Corp.

(Beverages)

9,596

National

CineMedia,

Inc.

\*

(Media)

749

3,311

National

Energy

Services

Reunited

Corp.

\*

(Oil

&

Gas

Services

&

Equipment)

713

8,998

National

Health

Investors,

Inc.

(Health

Care

REITs)

541

40,310

National

HealthCare

Corp.

(Health

Care

Providers

&

Services)

17,797

National

Presto

Industries,

Inc.

(Aerospace

&

Defense)

6,525

National

Research

Corp.

(Health

Care

Providers

&

Services)

1,977

National

Vision

Holdings,

Inc.

\*

(Specialty

Retail)

911

23,458

Natural

Gas

Services

Group,

Inc.

\*

(Energy

Equipment

&

Services)

3,313

Natural

Grocers

by

Vitamin

Cottage,

Inc.

(Consumer

Staples

Distribution

&

Retail)

4,781

Nature's

Sunshine

Products,

Inc.

\*

(Personal

Care

Products)

2,736

Navient

Corp.

(Consumer

Finance)

811

9,919

Navigator

Holdings

Ltd.

(Transportation

&

Logistics)

6,280

Navitas

Semiconductor

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,566

21,078

NB

Bancorp,

Inc.

\*

(Banks)

7,391

NBT

Bancorp,

Inc.

(Banks)

599

24,242

NCR

Atleos

Corp.

\*

(Financial

Services)

857

31,623

NCR

Voyix

Corp.

\*

(Software)

1,627

18,564

Nelnet,

Inc.

-

Class

A

(Consumer

Finance)

19,487

Neogen

Corp.

\*

(Health

Care

Equipment

&

Supplies)

2,557

15,777

NeoGenomics,

Inc.

\*

(Health

Care

Providers

&

Services)

1,508

14,733

Neonode,

Inc.

\*

(Technology

Hardware)

NerdWallet,

Inc.

\*

-

Class

A

(Consumer

Finance)

5,648

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Nerdy,

Inc.

\*

(Diversified

Consumer

Services)

686

$

679

NET

Lease

Office

Properties

\*

(Office

REITs)

5,107

Net

Power,

Inc.

\*

(Electrical

Equipment)

1,517

NETGEAR,

Inc.

\*

(Communications

Equipment)

11,249

NetScout

Systems,

Inc.

\*

(Communications

Equipment)

818

22,740

NETSTREIT

Corp.

(Retail

REITs)

1,109

20,650

Neurogene,

Inc.

\*

(Biotechnology)

3,940

Neuronetics,

Inc.

\*

(Health

Care

Facilities

&

Services)

1,121

NeuroPace,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

2,793

New

Fortress

Energy

Inc

(Oil

&

Gas

Producers)

1,978

2,552

New

Jersey

Resources

Corp.

(Gas

Utilities)

1,182

52,363

New

York

Community

Bancorp,

Inc.

\*

(Banks)

3,553

40,575

Newmark

Group,

Inc.

-

Class

A

(Real

Estate

Management

&

Development)

1,819

32,433

Newpark

Resources,

Inc.

\*

(Energy

Equipment

&

Services)

918

11,291

Newsmax,

Inc.

\*

(Internet

Media

&

Services)

1,290

NewtekOne,

Inc.

(Financial

Services)

3,016

NexPoint

Diversified

Real

Estate

Trust

\*

(Equity

REIT

-

Diversified)

1,310

Nexpoint

Real

Estate

Finance,

Inc.

(Mortgage

REITs)

1,161

NexPoint

Residential

Trust,

Inc.

(Residential

REITs)

8,066

NextDecade

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

1,564

9,275

Nextdoor

Holdings,

Inc.

\*

(Interactive

Media

&

Services)

2,475

4,826

NextNav,

Inc.

\*

(Software)

1,029

13,737

NextNRG,

Inc.

\*

(Oil

&

Gas

Producers)

NEXTracker,

Inc.

\*

-

Class

A

(Electrical

Equipment)

1,707

172,782

Nexxen

International

Ltd.

\*

(Advertising

&

Marketing)

3,633

NI

Holdings,

Inc.

\*

(Insurance)

1,056

Nicolet

Bankshares,

Inc.

(Banks)

18,666

NioCorp

Developments

Ltd.

\*

(Metals

&

Mining)

812

5,984

Nkarta,

Inc.

\*

(Biotechnology)

1,049

NL

Industries,

Inc.

(Commercial

Services

&

Supplies)

593

nLight,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

562

18,552

NMI

Holdings,

Inc.

\*

-

Class

A

(Financial

Services)

914

33,297

Noble

Corp.

PLC

(Energy

Equipment

&

Services)

1,478

43,380

Nordic

American

Tankers,

Ltd.

(Oil,

Gas

&

Consumable

Fuels)

2,398

8,825

Northeast

Bank

(Banks)

7,938

Northeast

Community

Bancorp,

Inc.

(Banks)

2,828

Northern

Oil

and

Gas,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,134

25,095

Northfield

Bancorp,

Inc.

(Banks)

4,415

Northpointe

Bancshares,

Inc.

\*

(Banking)

1,950

Northrim

Bancorp,

Inc.

(Banks)

5,627

Northwest

Bancshares,

Inc.

(Banks)

1,698

19,884

Northwest

Natural

Holding

Co.

(Gas

Utilities)

21,536

Northwest

Pipe

Co.

\*

(Construction

&

Engineering)

6,858

NorthWestern

Energy

Group,

Inc.

(Multi-Utilities)

722

43,082

Norwood

Financial

Corp.

(Banks)

2,688

NovaGold

Resources,

Inc.

\*

(Metals

&

Mining)

3,543

29,372

Novanta,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

53,598

Novavax,

Inc.

\*

(Biotechnology)

1,750

14,700

Novocure,

Ltd.

\*

(Health

Care

Equipment

&

Supplies)

1,188

15,218

Nu

Skin

Enterprises,

Inc.

-

Class

A

(Personal

Care

Products)

572

6,132

Nurix

Therapeutics,

Inc.

\*

(Biotechnology)

881

11,400

NuScale

Power

Corp.

\*

(Electrical

Equipment)

1,483

66,541

Nutex

Health,

Inc.

\*

(Software)

4,922

Nuvalent,

Inc.

\*

-

Class

A

(Biotechnology)

502

49,859

Nuvation

Bio,

Inc.

\*

(Pharmaceuticals)

2,917

15,227

Nuvectis

Pharma,

Inc.

\*

(Biotech

&

Pharma)

1,007

Common

Stocks,

continued

Shares

Value

NVE

Corp.

(Semiconductors

&

Semiconductor

Equipment)

$

3,936

Oak

Valley

Bancorp.

(Banks)

2,182

Oceaneering

International,

Inc.

\*

(Energy

Equipment

&

Services)

1,099

25,596

OceanFirst

Financial

Corp.

(Banks)

669

12,162

Ocular

Therapeutix,

Inc.

\*

(Pharmaceuticals)

2,028

23,646

OFG

Bancorp

(Banks)

522

20,181

Ohio

Valley

Banc

Corp.

\*

(Asset

Management)

1,540

O-I

Glass,

Inc.

\*

(Containers

&

Packaging)

1,798

20,299

Oil

States

International,

Inc.

\*

(Energy

Equipment

&

Services)

684

4,083

Oil-Dri

Corp.

of

America

(Household

Products)

6,425

Oklo,

Inc.

\*

(Electric

Utilities)

1,271

168,751

Olaplex

Holdings,

Inc.

\*

(Personal

Care

Products)

1,642

1,708

Old

National

Bancorp

(Banks)

4,097

83,701

Old

Second

Bancorp,

Inc.

(Banks)

589

10,573

Olema

Pharmaceuticals,

Inc.

\*

(Biotechnology)

696

6,243

Olympic

Steel,

Inc.

(Metals

&

Mining)

4,292

Omada

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

2,654

Omega

Flex,

Inc.

(Machinery)

1,161

Omeros

Corp.

\*

(Pharmaceuticals)

759

5,563

OmniAb,

Inc.

\*

(Life

Sciences

Tools

&

Services)

1,093

1,694

Omnicell,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

545

18,296

ON24,

Inc.

\*

(Software)

2,418

Oncology

Institute,

Inc./The

\*

(Health

Care

Facilities

&

Services)

702

3,131

ONE

Gas,

Inc.

(Gas

Utilities)

701

56,213

One

Liberty

Properties,

Inc.

(Equity

REIT

-

Diversified)

4,319

OneSpan,

Inc.

\*

(Software)

4,811

OneSpaWorld

Holdings,

Ltd.

(Diversified

Consumer

Services)

1,109

25,806

OneWater

Marine,

Inc.

\*

(Specialty

Retail)

2,065

Onity

Group,

Inc.

\*

(Financial

Services)

2,923

Ooma,

Inc.

\*

(Software)

3,335

OP

Bancorp

(Banking)

1,842

OPAL

Fuels,

Inc.

\*

(Renewable

Energy)

595

Open

Lending

Corp.

\*

(Capital

Markets)

1,198

2,276

OPKO

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

4,811

6,543

Oportun

Financial

Corp.

\*

(Specialty

Finance)

2,441

OppFi,

Inc.

(Consumer

Finance)

2,808

OptimizeRx

Corp.

\*

(Health

Care

Technology)

3,791

Option

Care

Health,

Inc.

\*

(Health

Care

Providers

&

Services)

1,927

50,160

Orange

County

Bancorp,

Inc.

(Banks)

3,350

OraSure

Technologies,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

879

2,408

Orchid

Island

Capital,

Inc.

(Mortgage

REITs)

1,498

10,831

Organogenesis

Holdings,

Inc.

\*

(Biotechnology)

798

3,392

ORIC

Pharmaceuticals,

Inc.

\*

(Biotechnology)

679

8,936

Origin

Bancorp,

Inc.

(Banks)

12,062

Orion

Group

Holdings,

Inc.

\*

(Construction

&

Engineering)

4,750

Orion

SA

(Chemicals)

649

3,440

Ormat

Technologies,

Inc.

(Independent

Power/

Renewable

Electricity

Producers)

714

75,948

Orrstown

Financial

Services,

Inc.

(Banks)

7,255

Orthofix

Medical,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

7,010

OrthoPediatrics

Corp.

\*

(Health

Care

Equipment

&

Supplies)

3,334

Oruka

Therapeutics

Inc

\*

(Biotechnology)

8,958

Oscar

Health,

Inc.

\*

-

Class

A

(Insurance)

2,270

40,859

OSI

Systems,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

52,350

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Otter

Tail

Corp.

(Electric

Utilities)

$

34,826

Ouster,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

594

19,816

Outbrain,

Inc.

\*

(Interactive

Media

&

Services)

625

Outfront

Media,

Inc.

(Specialized

REITs)

1,629

28,817

Outset

Medical,

Inc.

\*

(Software)

2,519

Owens

&

Minor,

Inc.

\*

(Health

Care

Providers

&

Services)

881

3,498

Oxford

Industries,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

6,080

P10,

Inc.

-

Class

A

(Capital

Markets)

683

6,939

Pacific

Biosciences

of

California,

Inc.

\*

(Life

Sciences

Tools

&

Services)

3,228

7,554

Pacira

BioSciences,

Inc.

\*

(Pharmaceuticals)

538

11,502

PACS

Group,

Inc.

\*

(Health

Care

Providers

&

Services)

515

6,221

Pagaya

Technologies,

Ltd.

\*

-

Class

A

(Software)

538

14,467

PagerDuty,

Inc.

\*

(Software)

998

16,028

Pagseguro

Digital,

Ltd.

\*

-

Class

A

(Financial

Services)

2,095

20,091

Palladyne

AI

Corp.

\*

(Machinery)

2,352

Palomar

Holdings,

Inc.

\*

(Insurance)

35,115

Palvella

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

6,387

PAM

Transportation

Services,

Inc.

\*

(Ground

Transportation)

705

Pangaea

Logistics

Solutions,

Ltd.

(Marine

Transportation)

1,728

Papa

John's

International,

Inc.

(Hotels,

Restaurants

&

Leisure)

19,460

Par

Pacific

Holdings,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

592

23,668

PAR

Technology

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

16,574

Paramount

Group,

Inc.

(Office

REITs)

2,185

14,290

Park

Aerospace

Corp.

(Aerospace

&

Defense)

4,081

Park

National

Corp.

(Banks)

26,329

Parke

Bancorp,

Inc.

(Banks)

2,507

Park-Ohio

Holdings

Corp.

(Machinery)

2,311

Pathward

Financial,

Inc.

(Banks)

18,921

Patria

Investments,

Ltd.

-

Class

A

(Capital

Markets)

758

11,044

Patrick

Industries,

Inc.

(Automobile

Components)

39,661

Patriot

National

Bancorp

Inc

\*

(Banking)

591

703

Patterson-UTI

Energy,

Inc.

(Energy

Equipment

&

Services)

4,131

25,901

Payoneer

Global,

Inc.

\*

(Financial

Services)

3,257

18,858

Paysafe,

Ltd.

\*

(Financial

Services)

4,184

Paysign,

Inc.

\*

(Financial

Services)

2,071

PBF

Energy,

Inc.

-

Class

A

(Oil,

Gas

&

Consumable

Fuels)

980

33,487

PC

Connection,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

7,926

PCB

Bancorp

(Banks)

2,676

PDF

Solutions,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

10,865

Peabody

Energy

Corp.

(Oil,

Gas

&

Consumable

Fuels)

1,431

39,238

Peakstone

Realty

Trust

(Office

REITs)

5,809

Peapack-Gladstone

Financial

Corp.

(Banks)

4,731

Pebblebrook

Hotel

Trust

(Hotel

&

Resort

REITs)

1,375

14,383

Peloton

Interactive,

Inc.

\*

-

Class

A

(Leisure

Products)

4,411

32,025

Penguin

Solutions,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

609

13,562

PennyMac

Financial

Services,

Inc.

(Financial

Services)

43,027

PennyMac

Mortgage

Investment

Trust

(Mortgage

REITs)

1,020

12,281

Peoples

Bancorp

of

North

Carolina,

Inc.

(Banks)

1,442

Peoples

Bancorp,

Inc.

(Banks)

11,669

Peoples

Financial

Services

Corp.

(Banks)

4,855

Common

Stocks,

continued

Shares

Value

Perdoceo

Education

Corp.

(Diversified

Consumer

Services)

720

$

22,867

Perella

Weinberg

Partners

(Capital

Markets)

727

13,580

Perimeter

Solutions

SA

\*

(Chemicals)

1,628

38,274

Perma-Fix

Environmental

Services,

Inc.

\*

(Commercial

Services

&

Supplies)

2,765

Perpetua

Resources

Corp.

\*

(Metals

&

Mining)

879

21,122

Personalis,

Inc.

\*

(Health

Care

Facilities

&

Services)

586

5,649

Perspective

Therapeutics,

Inc.

\*

(Biotechnology)

697

1,903

Petco

Health

&

Wellness

Co.,

Inc.

\*

(Specialty

Retail)

918

2,919

Phathom

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

6,694

Phibro

Animal

Health

Corp.

-

Class

A

(Pharmaceuticals)

10,052

Phillips

Edison

&

Co.,

Inc.

(Retail

REITs)

1,477

49,982

Phinia,

Inc.

(Automobile

Components)

23,411

Photronics,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

680

16,252

Phreesia,

Inc.

\*

(Health

Care

Technology)

669

15,146

Piedmont

Office

Realty

Trust,

Inc.

-

Class

A

(Office

REITs)

1,454

11,719

Pioneer

Bancorp,

Inc.

\*

(Banks)

1,734

Piper

Sandler

Cos.

(Capital

Markets)

65,448

Pitney

Bowes,

Inc.

(Commercial

Services

&

Supplies)

2,018

19,938

PJT

Partners,

Inc.

-

Class

A

(Capital

Markets)

43,339

Planet

Labs

PBC

\*

(Professional

Services)

2,730

36,719

Playstudios,

Inc.

\*

(Entertainment)

1,045

972

Playtika

Holding,

Corp.

\*

(Entertainment

Content)

658

2,415

Plexus

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

43,929

Plug

Power,

Inc.

\*

(Electrical

Equipment)

12,768

34,346

Plumas

Bancorp

(Banks)

2,955

Plymouth

Industrial

REIT,

Inc.

(Industrial

REITs)

10,560

Polaris

Industries,

Inc.

\*

(Leisure

Products)

624

41,247

Ponce

Financial

Group,

Inc.

\*

(Banks)

3,245

Porch

Group,

Inc.

\*

(Software)

942

14,177

Portillo's,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

693

3,708

Portland

General

Electric

Co.

(Electric

Utilities)

1,290

58,927

Postal

Realty

Trust,

Inc.

-

Class

A

(Office

REITs)

3,925

PotlatchDeltic

Corp.

(Specialized

REITs)

916

36,639

Powell

Industries,

Inc.

(Electrical

Equipment)

42,940

Power

Integrations,

Inc.

(Semiconductors

&

Semiconductor

Equipment)

663

27,773

Power

Solutions

International,

Inc.

\*

(Machinery)

6,593

Powerfleet,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,453

7,410

PRA

Group,

Inc.

\*

(Consumer

Finance)

6,334

Prairie

Operating

Co.

\*

(Software)

529

Praxis

Precision

Medicines,

Inc.

\*

(Biotechnology)

47,702

Precigen,

Inc.

\*

(Biotechnology)

1,754

7,262

Preferred

Bank

(Banks)

12,364

Preformed

Line

Products

Co.

(Electrical

Equipment)

5,939

Premier,

Inc.

-

Class

A

(Health

Care

Providers

&

Services)

964

27,108

Prestige

Consumer

Healthcare,

Inc.

\*

(Pharmaceuticals)

579

35,088

PriceSmart,

Inc.

(Consumer

Staples

Distribution

&

Retail)

34,481

Prime

Medicine,

Inc.

\*

(Biotechnology)

880

4,347

PrimeEnergy

Resources

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

541

Primis

Financial

Corp.

(Banks)

2,830

Primoris

Services

Corp.

(Construction

&

Engineering)

633

89,582

Princeton

Bancorp,

Inc.

(Banks)

1,896

Priority

Technology

Holdings,

Inc.

\*

(Financial

Services)

2,032

Privia

Health

Group,

Inc.

\*

(Health

Care

Providers

&

Services)

1,345

32,684

ProAssurance

Corp.

\*

(Insurance)

597

14,298

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

PROCEPT

BioRobotics

Corp.

\*

(Health

Care

Equipment

&

Supplies)

614

$

20,894

Pro-Dex,

Inc.

\*

(Medical

Equipment

&

Devices)

906

Proficient

Auto

Logistics,

Inc.

\*

(Ground

Transportation)

2,064

ProFrac

Holding

Corp.

\*

-

Class

A

(Energy

Equipment

&

Services)

788

PROG

Holdings,

Inc.

(Consumer

Finance)

13,308

Progress

Software

Corp.

(Software)

501

21,363

Progyny,

Inc.

\*

(Health

Care

Providers

&

Services)

878

16,427

ProPetro

Holding

Corp.

\*

(Energy

Equipment

&

Services)

937

9,726

PROS

Holdings,

Inc.

\*

(Software)

511

11,779

Protagonist

Therapeutics,

Inc.

\*

(Biotechnology)

680

53,462

Protalix

Biotherapeutics

Inc

\*

(Biotech

&

Pharma)

815

1,932

Protara

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

1,958

Prothena

Corp.

PLC

\*

(Biotechnology)

5,096

Proto

Labs,

Inc.

\*

(Machinery)

13,833

Provident

Bancorp,

Inc.

\*

(Banks)

2,384

Provident

Financial

Services,

Inc.

(Banks)

1,506

27,545

PTC

Therapeutics,

Inc.

\*

(Biotechnology)

909

62,093

PubMatic,

Inc.

\*

-

Class

A

(Media)

4,080

Pulmonx

Corp.

\*

(Health

Care

Equipment

&

Supplies)

894

Pulse

Biosciences,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

3,505

Puma

Biotechnology,

Inc.

\*

(Biotechnology)

2,530

Pure

Cycle

Corp.

\*

(Water

Utilities)

2,543

PureCycle

Technologies,

Inc.

\*

(Chemicals)

1,519

17,590

Q2

Holdings,

Inc.

\*

(Software)

728

44,961

QCR

Holdings,

Inc.

(Banks)

14,357

Quad/Graphics,

Inc.

(Commercial

Services

&

Supplies)

1,862

Quaker

Chemical

Corp.

(Chemicals)

22,639

Qualys,

Inc.

\*

(Software)

52,632

Quanex

Building

Products

Corp.

(Building

Products)

539

7,659

Quanterix

Corp.

\*

(Life

Sciences

Tools

&

Services)

2,574

Quantum

Computing

Inc

\*

(Software)

1,570

26,236

Quantum-Si,

Inc.

\*

(Life

Sciences

Tools

&

Services)

1,836

3,947

QuidelOrtho

Corp.

\*

(Health

Care

Equipment

&

Supplies)

793

21,403

QuinStreet,

Inc.

\*

(Interactive

Media

&

Services)

636

9,406

Rackspace

Technology,

Inc.

\*

(IT

Services)

977

1,563

Radian

Group,

Inc.

(Financial

Services)

1,586

53,829

Radiant

Logistics,

Inc.

\*

(Air

Freight

&

Logistics)

2,347

RadNet,

Inc.

\*

(Health

Care

Providers

&

Services)

798

60,639

Ramaco

Resources,

Inc.

-

Class

A

(Metals

&

Mining)

10,292

Rambus,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,262

129,784

Ranger

Bermuda

Topco

Ltd.

\*

(Insurance)

635

Ranger

Energy

Services,

Inc.

(Energy

Equipment

&

Services)

3,229

Ranpak

Holdings

Corp.

\*

(Containers

&

Packaging)

549

2,910

Rapid7,

Inc.

\*

(Software)

747

13,827

Rapport

Therapeutics,

Inc.

\*

(Pharmaceuticals)

5,931

Rayonier

Advanced

Materials,

Inc.

\*

(Chemicals)

753

5,233

RBB

Bancorp

(Banks)

3,689

RCI

Hospitality

Holdings,

Inc.

(Hotels,

Restaurants

&

Leisure)

2,366

RCM

TECHNOLOGIES,

INC.

\*

(Technology

Services)

1,317

RE/MAX

Holdings,

Inc.

-

Class

A

(Real

Estate

Management

&

Development)

1,697

Ready

Capital

Corp.

(Mortgage

REITs)

1,949

5,711

Recursion

Pharmaceuticals,

Inc.

\*

-

Class

A

(Biotechnology)

4,287

23,664

Red

Cat

Holdings,

Inc.

\*

(Aerospace

&

Defense)

999

11,239

Red

River

Bancshares,

Inc.

(Banks)

3,633

Red

Rock

Resorts,

Inc.

-

Class

A

(Hotels,

Restaurants

&

Leisure)

571

30,440

Red

Violet,

Inc.

\*

(Software)

7,079

Common

Stocks,

continued

Shares

Value

Redwire

Corp.

\*

(Aerospace

&

Defense)

578

$

4,549

Redwood

Trust,

Inc.

(Mortgage

REITs)

1,554

8,252

REGENXBIO,

Inc.

\*

(Biotechnology)

547

6,985

Regional

Management

Corp.

(Consumer

Finance)

4,210

Relay

Therapeutics,

Inc.

\*

(Biotechnology)

1,548

11,053

Remitly

Global,

Inc.

\*

(Financial

Services)

1,953

31,326

Renasant

Corp.

(Banks)

1,103

37,094

Repay

Holdings

Corp.

\*

(Financial

Services)

910

3,904

Replimune

Group,

Inc.

\*

(Biotechnology)

809

7,872

ReposiTrak,

Inc.

(Software)

1,981

Repro-Med

Systems,

Inc.

\*

(Medical

Equipment

&

Devices)

505

2,000

Republic

Bancorp,

Inc.

-

Class

A

(Banks)

6,458

Reservoir

Media,

Inc.

\*

(Entertainment)

1,809

Resideo

Technologies,

Inc.

\*

(Building

Products)

1,614

69,079

Resolute

Holdings

Management,

Inc.

\*

(Asset

Management)

3,683

Resources

Connection,

Inc.

(Professional

Services)

1,672

REV

Group,

Inc.

(Machinery)

568

29,121

Revolve

Group,

Inc.

\*

(Specialty

Retail)

10,485

REX

American

Resources

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

11,082

Rezolute,

Inc.

\*

(Biotechnology)

904

8,425

Rezolve

AI

PLC

\*

(Software)

1,715

7,357

RGC

Resources,

Inc.

(Gas

Utilities)

2,009

Rhinebeck

BanCorp,

Inc.

\*

(Banking)

529

Rhythm

Pharmaceuticals,

Inc.

\*

(Biotechnology)

611

69,506

Ribbon

Communications,

Inc.

\*

(Communications

Equipment)

1,096

3,683

Richardson

Electronics,

Ltd.

(Electronic

Equipment,

Instruments

&

Components)

1,520

Richmond

Mutual

BanCorp,

Inc.

(Banking)

1,400

Richtech

Robotics,

Inc.

\*

(Machinery)

808

3,895

Rigel

Pharmaceuticals,

Inc.

\*

(Biotechnology)

6,505

Rigetti

Computing,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

3,737

165,438

Riley

Exploration

Permian,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

4,085

Rimini

Street,

Inc.

\*

(Software)

570

2,269

Riot

Platforms,

Inc.

\*

(Software)

4,078

80,663

Riverview

Bancorp,

Inc.

\*

(Banking)

1,238

RLJ

Lodging

Trust

(Hotel

&

Resort

REITs)

1,736

11,805

Rocket

Pharmaceuticals,

Inc.

\*

(Biotechnology)

991

3,736

Rocky

Brands,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

2,340

Rogers

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

18,996

Root,

Inc.

\*

-

Class

A

(Insurance)

10,790

RPC,

Inc.

(Energy

Equipment

&

Services)

1,045

5,434

Rumble,

Inc.

\*

(Internet

Media

&

Services)

1,247

8,554

Rush

Enterprises,

Inc.

-

Class

A

(Trading

Companies

&

Distributors)

715

35,328

Rush

Enterprises,

Inc.

-

Class

B

(Trading

Companies

&

Distributors)

5,299

Rush

Street

Interactive,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

1,038

17,604

RXO,

Inc.

\*

(Ground

Transportation)

1,901

33,705

RxSight,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

3,578

Ryerson

Holding

Corp.

(Metals

&

Mining)

6,993

Ryman

Hospitality

Properties,

Inc.

(Hotel

&

Resort

REITs)

722

62,748

S&T

Bancorp,

Inc.

(Banks)

16,378

Sable

Offshore

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

889

9,299

Sabra

Health

Care

REIT,

Inc.

(Health

Care

REITs)

2,781

49,557

Sabre

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

4,241

8,673

Safe

Builders,

Inc.

(Marine

Transportation)

655

3,072

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Safehold,

Inc.

(Specialized

REITs)

657

$

9,481

Safety

Insurance

Group,

Inc.

(Insurance)

11,890

Sally

Beauty

Holdings,

Inc.

\*

(Specialty

Retail)

1,183

17,875

Sana

Biotechnology,

Inc.

\*

(Biotechnology)

1,560

7,722

Sanara

Medtech,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

1,055

SandRidge

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

5,062

Sanmina

Corp.

\*

(Electronic

Equipment,

Instruments

&

Components)

611

83,738

SANUWAVE

Health,

Inc.

\*

(Medical

Equipment

&

Devices)

2,373

Sapiens

International

Corp.

N.V.

(Software)

15,670

Satellogic,

Inc.

\*

(Telecommunications)

806

1,539

Saul

Centers,

Inc.

(Retail

REITs)

4,264

Savara,

Inc.

\*

(Biotechnology)

1,339

5,557

Savers

Value

Village,

Inc.

\*

(Broadline

Retail)

4,135

SB

Financial

Group

\*

(Banking)

1,350

SBC

Medical

Group

Holdings,

Inc.

\*

(Health

Care

Facilities

&

Services)

ScanSource,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

10,512

Scholar

Rock

Holding

Corp.

\*

(Biotechnology)

945

27,991

Scholastic

Corp.

(Media)

6,823

Schrodinger,

Inc.

\*

(Health

Care

Technology)

658

13,844

Scilex

Holding

Co.

\*

(Biotech

&

Pharma)

Scorpio

Tankers,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

520

32,084

Seacoast

Banking

Corp.

of

Florida

(Banks)

995

30,149

SEACOR

Marine

Holdings,

Inc.

\*

(Energy

Equipment

&

Services)

1,526

Seadrill,

Ltd.

\*

(Energy

Equipment

&

Services)

735

23,197

Seaport

Entertainment

Group

Inc

\*

(Real

Estate

Owners

&

Developers)

2,094

SeaWorld

Entertainment,

Inc.

\*

(Hotels,

Restaurants

&

Leisure)

15,391

Security

National

Financial

Corp.

\*

-

Class

A

(Specialty

Finance)

1,443

Select

Energy

Services,

Inc.

-

Class

A

(Energy

Equipment

&

Services)

1,091

12,612

Select

Medical

Holdings

Corp.

(Health

Care

Providers

&

Services)

1,307

18,076

Selective

Insurance

Group,

Inc.

(Insurance)

711

53,566

Selectquote,

Inc.

\*

(Insurance)

1,607

3,343

SELLAS

Life

Sciences

Group,

Inc.

\*

(Biotech

&

Pharma)

1,177

2,142

Semler

Scientific,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

3,731

SEMrush

Holdings,

Inc.

\*

(Software)

599

4,349

Semtech

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

1,020

69,217

Seneca

Foods

Corp.

\*

-

Class

A

(Food

Products)

5,931

Sensient

Technologies

Corp.

(Chemicals)

46,579

Septerna,

Inc.

\*

(Pharmaceuticals)

5,150

Serve

Robotics,

Inc.

\*

(Internet

Media

&

Services)

548

7,250

Service

Properties

Trust

(Hotel

&

Resort

REITs)

1,807

3,867

ServisFirst

Bancshares,

Inc.

(Banks)

603

42,373

Seven

Hills

Realty

Trust

(Mortgage

REITs)

1,608

Sezzle,

Inc.

\*

(Financial

Services)

12,192

SFL

Corp.,

Ltd.

(Oil,

Gas

&

Consumable

Fuels)

1,418

10,578

Shake

Shack,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

43,913

Shenandoah

Telecommunications

Co.

(Diversified

Telecommunication

Services)

594

7,318

Shoals

Technologies

Group,

Inc.

\*

-

Class

A

(Electrical

Equipment)

1,966

20,663

Shoe

Carnival,

Inc.

(Specialty

Retail)

3,886

Shore

Bancshares,

Inc.

(Banks)

5,635

Common

Stocks,

continued

Shares

Value

ShotSpotter,

Inc.

\*

(Software)

$

1,047

Shoulder

Innovations,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

656

Shutterstock,

Inc.

(Interactive

Media

&

Services)

7,134

SI-BONE,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

6,585

Siebert

Financial

Corp.

\*

(Asset

Management)

Sierra

Bancorp

(Banks)

4,173

SIGA

Technologies,

Inc.

(Pharmaceuticals)

3,974

Sight

Sciences,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

2,444

Signet

Jewelers,

Ltd.

(Specialty

Retail)

46,361

Sila

Realty

Trust,

Inc.

(Health

Care

REITs)

651

15,429

Silicon

Laboratories,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

49,417

Silvaco

Group,

Inc.

\*

(Software)

542

Silvercrest

Asset

Management

Group,

Inc.

-

Class

A

(Capital

Markets)

1,301

Simmons

First

National

Corp.

-

Class

A

(Banks)

1,658

28,816

Simulations

Plus,

Inc.

(Health

Care

Technology)

3,350

Sinclair,

Inc.

(Media)

6,174

Sionna

Therapeutics,

Inc.

\*

(Medical

Equipment

&

Devices)

5,502

SiriusPoint,

Ltd.

\*

(Insurance)

1,199

21,822

SITE

Centers

Corp.

(Retail

REITs)

587

4,303

SiTime

Corp.

\*

(Semiconductors

&

Semiconductor

Equipment)

72,120

Six

Flags

Entertainment

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

1,122

25,784

SJW

Group

(Water

Utilities)

17,205

Skillsoft

Corp.

\*

(Software)

683

Sky

Harbour

Group

Corp.

\*

(Transportation

Infrastructure)

2,460

Skyward

Specialty

Insurance

Group,

Inc.

\*

(Insurance)

19,057

SkyWater

Technology,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

5,368

SkyWest,

Inc.

\*

(Passenger

Airlines)

47,527

SKYX

Platforms

Corp.

\*

(Electrical

Equipment)

725

1,276

SL

Green

Realty

Corp.

(Office

REITs)

840

43,134

Sleep

Number

Corp.

\*

(Specialty

Retail)

1,227

Slide

Insurance

Holdings,

Inc.

\*

(Insurance)

5,005

SM

Energy

Co.

(Oil,

Gas

&

Consumable

Fuels)

1,335

27,888

SmartFinancial,

Inc.

(Banks)

5,945

Smartstop

Self

Storage

REIT,

Inc.

\*

(REITS

&

Real

Estate

Management)

12,538

Smith

&

Wesson

Brands,

Inc.

(Leisure

Products)

514

4,927

Smith-Midland

Corp.

\*

(Construction

Materials)

1,167

Solaris

Energy

Infrastructure,

Inc.

\*

(Energy

Equipment

&

Services)

22,676

Soleno

Therapeutics,

Inc.

\*

(Biotechnology)

32,774

Solesence,

Inc.

\*

(Household

Products)

719

Solid

Biosciences,

Inc.

\*

(Biotechnology)

689

3,714

Solid

Power,

Inc.

\*

(Automobile

Components)

1,784

11,204

Sonic

Automotive,

Inc.

-

Class

A

(Specialty

Retail)

11,118

Sonida

Senior

Living,

Inc.

\*

(Health

Care

Providers

&

Services)

1,658

Sonos,

Inc.

\*

(Household

Durables)

1,376

23,626

Sound

Financial

Bancorp,

Inc.

\*

(Banking)

1,116

SoundHound

AI,

Inc.

\*

-

Class

A

(Software)

4,283

75,466

South

Plains

Financial,

Inc.

(Banks)

5,475

Southern

California

BanCorp

\*

(Banks)

4,863

Southern

First

Bancshares,

Inc.

\*

(Banks)

3,989

Southern

Missouri

Bancorp,

Inc.

(Banks)

5,926

Southland

Holdings,

Inc.

\*

(Construction

&

Engineering)

657

Southside

Bancshares,

Inc.

(Banks)

9,505

Southwest

Gas

Holdings,

Inc.

(Gas

Utilities)

757

60,181

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Spectrum

Brands

Holdings,

Inc.

(Household

Products)

$

15,033

Sphere

Entertainment

Co.

\*

(Entertainment)

22,256

Spire

Global,

Inc.

\*

(Professional

Services)

3,492

Spire,

Inc.

(Gas

Utilities)

683

59,011

Spok

Holdings,

Inc.

(Wireless

Telecommunication

Services)

3,401

Sprinklr,

Inc.

\*

-

Class

A

(Software)

1,316

10,160

Sprout

Social,

Inc.

\*

-

Class

A

(Software)

604

6,203

SPS

Commerce,

Inc.

\*

(Software)

36,679

SPX

Technologies,

Inc.

\*

(Machinery)

564

126,274

Spyre

Therapeutics,

Inc.

\*

(Biotechnology)

583

14,260

SR

BanCorp,

Inc.

\*

(Banking)

1,325

SSR

Mining,

Inc.

\*

(Metals

&

Mining)

2,382

53,739

STAAR

Surgical

Co.

\*

(Health

Care

Equipment

&

Supplies)

584

15,108

Stagwell,

Inc.

\*

(Media)

1,350

6,413

Standard

BioTools,

Inc.

\*

(Life

Sciences

Tools

&

Services)

3,499

4,199

Standard

Motor

Products,

Inc.

(Automobile

Components)

9,171

Standex

International

Corp.

(Machinery)

32,885

Starz

Entertainment

Corp.

\*

(Entertainment)

1,408

Steelcase,

Inc.

-

Class

A

(Commercial

Services

&

Supplies)

980

15,641

Stellar

Bancorp,

Inc.

(Banks)

550

16,187

Stepan

Co.

(Chemicals)

10,924

StepStone

Group,

Inc.

-

Class

A

(Capital

Markets)

816

49,678

Stereotaxis,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

718

2,089

Sterling

Infrastructure,

Inc.

\*

(Construction

&

Engineering)

131,887

Steven

Madden,

Ltd.

(Textiles,

Apparel

&

Luxury

Goods)

839

28,451

Stewart

Information

Services

Corp.

(Insurance)

22,188

Stitch

Fix,

Inc.

\*

-

Class

A

(Specialty

Retail)

1,260

5,279

Stock

Yards

Bancorp,

Inc.

(Banks)

20,026

Stoke

Therapeutics,

Inc.

\*

(Biotechnology)

524

15,741

StoneCo,

Ltd.

\*

(Financial

Services)

2,938

55,851

StoneX

Group,

Inc.

\*

(Capital

Markets)

537

49,361

Strata

Critical

Medical,

Inc.

\*

-

Class

A

(Passenger

Airlines)

760

3,823

Strategic

Education,

Inc.

(Diversified

Consumer

Services)

20,743

Strattec

Security

Corporation

\*

(Automobile

Components)

2,761

Stratus

Properties,

Inc.

\*

(Real

Estate

Management

&

Development)

1,466

Strawberry

Fields

REIT,

Inc.

(Health

Care

REITs)

1,000

Stride,

Inc.

\*

(Diversified

Consumer

Services)

500

34,020

Sturm

Ruger

&

Co.,

Inc.

(Leisure

Products)

7,973

Summit

Hotel

Properties,

Inc.

(Hotel

&

Resort

REITs)

1,284

6,600

Summit

Midstream

Corp.

\*

(Oil

&

Gas

Producers)

2,411

Sun

Country

Airlines

Holdings,

Inc.

\*

(Passenger

Airlines)

598

7,343

SunCoke

Energy,

Inc.

(Metals

&

Mining)

993

7,954

SunOpta,

Inc.

\*

(Food

Products)

1,119

5,841

Sunrise

Realty

Trust,

Inc.

\*

(Mortgage

REITs)

1,176

Sunrun,

Inc.

\*

(Electrical

Equipment)

2,451

50,883

Sunstone

Hotel

Investors,

Inc.

(Hotel

&

Resort

REITs)

2,227

19,709

Super

Group

SGHC,

Ltd.

(Hotels,

Restaurants

&

Leisure)

1,863

20,120

Superior

Group

of

Cos.,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

1,233

Supernus

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

631

34,787

Surgery

Partners,

Inc.

\*

(Health

Care

Providers

&

Services)

904

19,825

Surmodics,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

4,472

Common

Stocks,

continued

Shares

Value

Sweetgreen,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

1,211

$

7,617

SWK

Holdings

Corp.

\*

(Financial

Services)

583

Sylvamo

Corp.

(Paper

&

Forest

Products)

16,321

Synaptics,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

31,852

Synchronoss

Technologies,

Inc.

\*

(Software)

629

Syndax

Pharmaceuticals,

Inc.

\*

(Biotechnology)

996

13,645

Tactile

Systems

Technology,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

4,054

Talkspace,

Inc.

\*

(Health

Care

Providers

&

Services)

1,686

5,446

Talos

Energy,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

1,408

13,812

Tandem

Diabetes

Care,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

782

10,948

Tanger,

Inc.

(Retail

REITs)

1,307

42,556

Tango

Therapeutics,

Inc.

\*

(Biotechnology)

839

6,804

Target

Hospitality

Corp.

\*

(Hotels,

Restaurants

&

Leisure)

2,891

Tarsus

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

31,515

Taylor

Morrison

Home

Corp.

\*

(Household

Durables)

1,136

67,331

Taysha

Gene

Therapies,

Inc.

\*

(Biotechnology)

2,483

12,316

TechTarget,

Inc.

\*

(Media)

1,850

Tecnoglass,

Inc.

(Building

Products)

16,995

Tectonic

Therapeutic,

Inc.

\*

(Biotech

&

Pharma)

2,336

Teekay

Corp.

\*

(Transportation

&

Logistics)

610

5,868

Teekay

Tankers,

Ltd.

-

Class

A

(Transportation

&

Logistics)

17,141

TEGNA,

Inc.

(Media)

1,881

36,998

Tejon

Ranch

Co.

\*

(Real

Estate

Management

&

Development)

3,892

Teladoc

Health,

Inc.

\*

(Health

Care

Technology)

2,056

17,743

Telephone

and

Data

Systems,

Inc.

(Wireless

Telecommunication

Services)

1,164

45,187

Telos

Corp.

\*

(Software)

629

4,315

Tenable

Holdings,

Inc.

\*

(Software)

1,420

41,208

Tennant

Co.

(Machinery)

17,600

Terawulf,

Inc.

\*

(Software)

3,318

51,429

Terex

Corp.

(Machinery)

754

34,699

Terns

Pharmaceuticals,

Inc.

\*

(Pharmaceuticals)

845

6,980

Terreno

Realty

Corp.

(Industrial

REITs)

1,196

68,327

TETRA

Technologies,

Inc.

\*

(Energy

Equipment

&

Services)

1,485

10,484

Tevogen

Bio

Holdings,

Inc.

\*

(Biotechnology)

Texas

Capital

Bancshares,

Inc.

\*

(Banks)

532

44,603

TG

Therapeutics,

Inc.

\*

(Biotechnology)

1,698

59,056

The

Andersons,

Inc.

(Consumer

Staples

Distribution

&

Retail)

17,737

The

Arena

Group

Holdings,

Inc.

\*

(Advertising

&

Marketing)

841

The

Baldwin

Insurance

Group,

Inc.

\*

(Insurance)

822

18,166

The

Bancorp,

Inc.

\*

(Banks)

533

34,842

The

Bank

of

NT

Butterfield

&

Son,

Ltd.

(Banks)

22,575

The

Beauty

Health

Co.

\*

(Personal

Care

Products)

1,337

1,912

The

Brink's

Co.

(Commercial

Services

&

Supplies)

54,691

The

Buckle,

Inc.

(Specialty

Retail)

20,221

The

Cheesecake

Factory,

Inc.

(Hotels,

Restaurants

&

Leisure)

541

26,942

The

Chefs'

Warehouse,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

25,134

The

Chemours

Co.

\*

(Chemicals)

1,762

23,593

The

E.W.

Scripps

Co.

\*

-

Class

A

(Media)

735

1,786

The

Eastern

Co.

(Machinery)

1,430

The

Ensign

Group,

Inc.

(Health

Care

Providers

&

Services)

657

118,325

The

First

Bancorp,

Inc.

(Banks)

3,124

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

The

GEO

Group,

Inc.

\*

(Commercial

Services

&

Supplies)

1,582

$

26,847

The

Goodyear

Tire

&

Rubber

Co.

\*

(Automobile

Components)

3,054

21,042

The

Gorman-Rupp

Co.

(Machinery)

11,018

The

Greenbrier

Cos.,

Inc.

(Machinery)

14,787

The

Hackett

Group,

Inc.

(IT

Services)

5,324

The

Hain

Celestial

Group,

Inc.

\*

(Food

Products)

1,058

1,227

The

Honest

Co.,

Inc.

\*

(Personal

Care

Products)

1,092

3,724

The

Joint

Corp.

\*

(Health

Care

Providers

&

Services)

1,302

The

Lovesac

Co.

\*

(Household

Durables)

2,164

The

Macerich

Co.

(Retail

REITs)

2,971

50,953

The

Manitowoc

Co.,

Inc.

\*

(Machinery)

4,109

The

Marcus

Corp.

(Entertainment)

3,931

The

ODP

Corp.

\*

(Specialty

Retail)

9,005

The

Pennant

Group,

Inc.

\*

(Health

Care

Providers

&

Services)

9,793

The

Real

Brokerage,

Inc.

\*

(Real

Estate

Management

&

Development)

1,240

4,613

The

RealReal,

Inc.

\*

(Specialty

Retail)

1,114

13,602

The

RMR

Group,

Inc.

-

Class

A

(Real

Estate

Management

&

Development)

2,800

The

Simply

Good

Foods

Co.

\*

(Food

Products)

1,097

21,468

The

St.

Joe

Co.

(Real

Estate

Management

&

Development)

25,267

The

Vita

Coco

Co.,

Inc.

\*

(Beverages)

515

21,207

The

York

Water

Co.

(Water

Utilities)

5,220

Theravance

Biopharma,

Inc.

\*

(Pharmaceuticals)

6,494

Thermon

Group

Holdings,

Inc.

\*

(Electrical

Equipment)

11,032

Third

Coast

Bancshares,

Inc.

\*

(Banks)

5,513

ThredUp,

Inc.

\*

-

Class

A

(Specialty

Retail)

1,081

9,502

Thryv

Holdings,

Inc.

\*

(Media)

3,362

Tidewater,

Inc.

\*

(Energy

Equipment

&

Services)

575

29,089

Tile

Shop

Holdings,

Inc.

\*

(Specialty

Retail)

2,110

Timberland

Bancorp,

Inc./WA

(Banks)

2,794

TimkenSteel

Corp.

\*

(Metals

&

Mining)

7,546

Tiptree,

Inc.

(Insurance)

4,870

Titan

America

SA

\*

(Construction

Materials)

4,192

Titan

International,

Inc.

\*

(Machinery)

569

4,296

Titan

Machinery,

Inc.

\*

(Trading

Companies

&

Distributors)

4,002

Tompkins

Financial

Corp.

(Banks)

10,027

Tonix

Pharmaceuticals

Holding

Corp.

\*

(Biotech

&

Pharma)

1,936

Tootsie

Roll

Industries,

Inc.

\*

(Food

Products)

7,481

Topgolf

Callaway

Brands

Corp.

\*

(Leisure

Products)

1,544

14,529

Torrid

Holdings,

Inc.

\*

(Specialty

Retail)

TowneBank

(Banks)

859

27,926

TPG

RE

Finance

Trust,

Inc.

(Mortgage

REITs)

788

6,816

Traeger,

Inc.

\*

(Household

Durables)

Transcat,

Inc.

\*

(Trading

Companies

&

Distributors)

7,774

Transcontinental

Realty

Investors,

Inc.

\*

(Real

Estate

Management

&

Development)

986

TransMedics

Group,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

51,169

Transocean,

Ltd.

\*

(Energy

Equipment

&

Services)

9,984

38,339

TRAVELZOO

INC.

\*

(Internet

Media

&

Services)

615

Travere

Therapeutics,

Inc.

\*

(Biotechnology)

1,031

36,250

Treace

Medical

Concepts,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

557

3,559

Tredegar

Corp.

\*

(Metals

&

Mining)

2,156

TreeHouse

Foods,

Inc.

\*

(Food

Products)

588

10,702

Trevi

Therapeutics,

Inc.

\*

(Pharmaceuticals)

1,022

11,917

Tri

Pointe

Homes,

Inc.

\*

(Household

Durables)

1,009

32,137

TriCo

Bancshares

(Banks)

15,657

Common

Stocks,

continued

Shares

Value

Triller

Group,

Inc.

\*

(Internet

Media

&

Services)

1,205

$

691

TriMas

Corp.

(Containers

&

Packaging)

13,786

TriNet

Group,

Inc.

(Professional

Services)

21,000

Trinity

Industries,

Inc.

(Machinery)

957

26,193

Trinseo

PLC

\*

(Chemicals)

581

TripAdvisor,

Inc.

\*

(Interactive

Media

&

Services)

1,361

21,858

TriSalus

Life

Sciences,

Inc.

\*

(Biotech

&

Pharma)

1,033

Triumph

Financial,

Inc.

\*

(Banks)

14,432

Tronox

Holdings

PLC

-

Class

A

(Chemicals)

1,397

4,890

TrueBlue,

Inc.

\*

(Professional

Services)

1,588

TrueCar,

Inc.

\*

(Interactive

Media

&

Services)

920

2,024

Trupanion,

Inc.

\*

(Insurance)

17,356

TrustCo

Bank

Corp.

(Banks)

8,221

Trustmark

Corp.

(Banks)

664

24,714

TSS

Inc/MD

\*

(Engineering

&

Construction)

4,316

TTEC

Holdings,

Inc.

(Professional

Services)

810

TTM

Technologies,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

1,178

79,162

Tucows,

Inc.

\*

-

Class

A

(IT

Services)

1,514

TuHURA

Biosciences,

Inc.

\*

(Biotech

&

Pharma)

765

Turning

Point

Brands,

Inc.

(Tobacco)

17,981

Turtle

Beach

Corp.

\*

(Technology

Hardware,

Storage

&

Peripherals)

2,958

Tutor

Perini

Corp.

\*

(Construction

&

Engineering)

521

35,095

Tvardi

Therapeutics,

Inc.

\*

(Biotech

&

Pharma)

Twist

Bioscience

Corp.

\*

(Biotechnology)

691

22,727

Two

Harbors

Investment

Corp.

(Mortgage

REITs)

1,221

11,868

TXNM

Energy,

Inc.

(Electric

Utilities)

1,140

64,752

Tyra

Biosciences,

Inc.

\*

(Biotechnology)

4,467

U.S.

Physical

Therapy,

Inc.

(Health

Care

Providers

&

Services)

15,184

Udemy,

Inc.

\*

(Diversified

Consumer

Services)

1,136

6,470

UFP

Industries,

Inc.

(Building

Products)

706

65,044

UFP

Technologies,

Inc.

\*

(Health

Care

Equipment

&

Supplies)

16,952

Ultra

Clean

Holdings,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

522

14,308

UMB

Financial

Corp.

(Banks)

850

90,847

UMH

Properties,

Inc.

(Residential

REITs)

930

13,522

UniFirst

Corp.

(Commercial

Services

&

Supplies)

27,166

Union

Bankshares,

Inc./Morrisville

VT

\*

(Banking)

981

Unisys

Corp.

\*

(IT

Services)

780

2,785

United

Bankshares,

Inc.

(Banks)

1,656

59,267

United

Community

Banks,

Inc.

(Banks)

1,432

41,814

United

Fire

Group,

Inc.

(Insurance)

7,437

United

Insurance

Holdings

Corp.

\*

(Insurance)

3,386

United

Natural

Foods,

Inc.

\*

(Consumer

Staples

Distribution

&

Retail)

701

26,393

United

Security

Bancshares/Fresno

CA

\*

(Banking)

1,485

United

States

Antimony

Corp.

\*

(Metals

&

Mining)

1,087

8,772

United

States

Lime

&

Minerals,

Inc.

(Construction

Materials)

14,887

Uniti

Group,

Inc.

(Specialized

REITs)

1,673

9,636

Unitil

Corp.

(Multi-Utilities)

9,165

Unity

Bancorp,

Inc.

(Banks)

3,905

Universal

Corp.

(Tobacco)

14,342

Universal

Health

Realty

Income

Trust

(Health

Care

REITs)

5,771

Universal

Insurance

Holdings,

Inc.

(Insurance)

9,154

Universal

Logistics

Holdings,

Inc.

(Ground

Transportation)

1,278

Universal

Technical

Institute,

Inc.

\*

(Diversified

Consumer

Services)

546

16,227

Univest

Financial

Corp.

(Banks)

9,894

Upbound

Group,

Inc.

(Specialty

Retail)

614

11,899

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Upstart

Holdings,

Inc.

\*

(Consumer

Finance)

985

$

46,806

Upstream

Bio,

Inc.

\*

(Biotechnology)

9,926

Upwork,

Inc.

\*

(Professional

Services)

1,439

22,938

Uranium

Energy

Corp.

\*

(Oil,

Gas

&

Consumable

Fuels)

4,978

75,317

Urban

Edge

Properties

(Retail

REITs)

1,488

28,614

Urban

Outfitters,

Inc.

\*

(Specialty

Retail)

716

46,261

UroGen

Pharma,

Ltd.

\*

(Biotechnology)

8,823

US

Gold

Corp.

\*

(Metals

&

Mining)

2,221

US

Goldmining,

Inc.

\*

(Metals

&

Mining)

USANA

Health

Sciences,

Inc.

\*

(Personal

Care

Products)

2,728

USCB

Financial

Holdings,

Inc.

(Banks)

2,158

Utah

Medical

Products,

Inc.

(Health

Care

Equipment

&

Supplies)

2,092

Utz

Brands,

Inc.

(Food

Products)

847

8,919

V2X,

Inc.

\*

(Aerospace

&

Defense)

12,902

VAALCO

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,211

4,759

Valaris,

Ltd.

\*

(Energy

Equipment

&

Services)

745

41,810

Valhi,

Inc.

(Chemicals)

Valley

National

Bancorp

(Banks)

5,673

61,665

Value

Line,

Inc.

(Capital

Markets)

Vanda

Pharmaceuticals,

Inc.

\*

(Biotechnology)

651

2,832

Varex

Imaging

Corp.

\*

(Health

Care

Equipment

&

Supplies)

5,611

Varonis

Systems,

Inc.

\*

(Software)

1,291

45,482

Vaxcyte,

Inc.

\*

(Biotechnology)

1,338

60,584

Veeco

Instruments,

Inc.

\*

(Semiconductors

&

Semiconductor

Equipment)

669

19,234

Velocity

Financial,

Inc.

\*

(Financial

Services)

2,067

Vera

Therapeutics,

Inc.

\*

(Biotechnology)

602

17,133

Veracyte,

Inc.

\*

(Biotechnology)

916

33,049

Verastem,

Inc.

\*

(Biotechnology)

530

5,009

Verde

Clean

Fuels,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

Vericel

Corp.

\*

(Biotechnology)

589

20,650

Verint

Systems,

Inc.

\*

(Software)

704

14,277

Verra

Mobility

Corp.

\*

(Professional

Services)

1,868

43,355

Vertex,

Inc.

\*

-

Class

A

(Software)

761

17,427

Vestis

Corp.

(Commercial

Services

&

Supplies)

1,349

7,082

Viad

Corp.

\*

(Commercial

Services

&

Supplies)

8,799

Viant

Technology,

Inc.

\*

-

Class

A

(Software)

1,403

Viasat,

Inc.

\*

(Communications

Equipment)

1,378

54,871

Viavi

Solutions,

Inc.

\*

(Communications

Equipment)

2,589

45,825

Vicor

Corp.

\*

(Electrical

Equipment)

24,769

Victoria's

Secret

&

Co.

\*

(Specialty

Retail)

810

28,553

Victory

Capital

Holdings,

Inc.

-

Class

A

(Capital

Markets)

518

32,256

Viemed

Healthcare,

Inc.

\*

(Health

Care

Providers

&

Services)

2,629

Village

Super

Market,

Inc.

-

Class

A

(Consumer

Staples

Distribution

&

Retail)

3,357

Vimeo,

Inc.

\*

(Interactive

Media

&

Services)

1,731

13,502

Vir

Biotechnology,

Inc.

\*

(Biotechnology)

1,041

6,204

Virco

Mfg.

Corp.

(Commercial

Services

&

Supplies)

922

Virginia

National

Bankshares

Corp.

(Banks)

2,228

Viridian

Therapeutics,

Inc.

\*

(Biotechnology)

821

19,400

Virtus

Investment

Partners,

Inc.

(Capital

Markets)

12,537

Vishay

Intertechnology,

Inc.

(Electronic

Equipment,

Instruments

&

Components)

1,417

24,061

Vishay

Precision

Group,

Inc.

\*

(Electronic

Equipment,

Instruments

&

Components)

5,244

Visteon

Corp.

(Automobile

Components)

34,398

Vital

Energy,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

5,467

Vital

Farms,

Inc.

\*

(Food

Products)

13,304

Vitesse

Energy,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

7,504

Vivid

Seats,

Inc.

\*

-

Class

A

(Entertainment)

Vox

Royalty

Corp.

\*

(Metals

&

Mining)

519

2,216

Common

Stocks,

continued

Shares

Value

Voyager

Technologies,

Inc.

\*

(Aerospace

&

Defense)

$

4,923

Voyager

Therapeutics,

Inc.

\*

(Biotechnology)

544

2,540

Vroom,

Inc.

\*

(Specialty

Finance)

VSE

Corp.

(Commercial

Services

&

Supplies)

47,880

VTEX

\*

(Software)

675

3,031

Vuzix

Corp.

\*

(Technology

Hardware)

751

2,516

W&T

Offshore,

Inc.

(Oil,

Gas

&

Consumable

Fuels)

1,160

2,436

Wabash

National

Corp.

(Machinery)

3,858

WaFd,

Inc.

(Banks)

6,129

Waldencast

PLC

\*

-

Class

A

(Personal

Care

Products)

896

Walker

&

Dunlop,

Inc.

(Financial

Services)

30,849

Warby

Parker,

Inc.

\*

-

Class

A

(Specialty

Retail)

1,149

22,509

Warrior

Met

Coal,

Inc.

(Metals

&

Mining)

610

41,383

Washington

Federal,

Inc.

(Banks)

922

26,766

Waterstone

Financial,

Inc.

(Financial

Services)

2,754

Watts

Water

Technologies,

Inc.

-

Class

A

(Machinery)

87,505

WaVe

Life

Sciences,

Ltd.

\*

(Pharmaceuticals)

1,310

11,842

Waystar

Holding

Corp.

\*

(Health

Care

Technology)

1,279

45,853

Co.

(Household

Products)

30,891

Weave

Communications,

Inc.

\*

(Software)

682

5,054

WEBTOON

Entertainment,

Inc.

\*

(Interactive

Media

&

Services)

3,681

Weis

Markets,

Inc.

(Consumer

Staples

Distribution

&

Retail)

12,225

Werner

Enterprises,

Inc.

(Ground

Transportation)

678

17,764

WesBanco,

Inc.

(Banks)

1,107

33,321

West

Bancorp,

Inc.

(Banks)

3,765

Westamerica

Bancorp

(Banks)

13,771

Western

New

England

Bancorp,

Inc.

\*

(Banking)

2,410

Westrock

Coffee

Co.

\*

(Food

Products)

1,857

Westwood

Holdings

Group,

Inc.

\*

(Asset

Management)

1,457

Weyco

Group,

Inc.

(Distributors)

2,064

Whitestone

REIT

(Retail

REITs)

528

6,621

WideOpenWest,

Inc.

\*

(Media)

591

3,032

Willdan

Group,

Inc.

\*

(Professional

Services)

15,311

Willis

Lease

Finance

Corp.

(Trading

Companies

&

Distributors)

4,237

Winmark

Corp.

(Specialty

Retail)

14,111

Winnebago

Industries,

Inc.

(Automobiles)

12,029

WisdomTree,

Inc.

(Capital

Markets)

1,407

16,828

WM

Technology,

Inc.

\*

(Software)

1,021

1,072

Wolverine

World

Wide,

Inc.

(Textiles,

Apparel

&

Luxury

Goods)

942

21,383

Workiva,

Inc.

\*

(Software)

588

49,986

World

Acceptance

Corp.

\*

(Consumer

Finance)

3,952

World

Kinect

Corp.

(Oil,

Gas

&

Consumable

Fuels)

646

16,699

Worthington

Enterprises,

Inc.

(Household

Durables)

20,641

Worthington

Steel,

Inc.

(Metals

&

Mining)

12,284

WSFS

Financial

Corp.

(Banks)

655

34,119

XCF

Global,

Inc.

\*

(Oil,

Gas

&

Consumable

Fuels)

Xencor,

Inc.

\*

(Biotechnology)

823

12,106

Xenia

Hotels

&

Resorts,

Inc.

(Hotel

&

Resort

REITs)

1,157

14,231

Xenon

Pharmaceuticals,

Inc.

\*

(Biotech

&

Pharma)

888

37,225

Xeris

Biopharma

Holdings,

Inc.

\*

(Pharmaceuticals)

1,795

17,412

Xerox

Holdings

Corp.

(Technology

Hardware,

Storage

&

Peripherals)

1,377

4,572

XOMA

Royalty

Corp.

\*

(Biotechnology)

3,628

Xometry,

Inc.

\*

-

Class

A

(Trading

Companies

&

Distributors)

508

24,735

XPEL,

Inc.

\*

(Automobile

Components)

9,582

Xperi,

Inc.

\*

(Software)

522

3,508

Xponential

Fitness,

Inc.

\*

-

Class

A

(Hotels,

Restaurants

&

Leisure)

2,157

Yelp,

Inc.

\*

(Interactive

Media

&

Services)

723

23,845

Yext,

Inc.

\*

(Software)

1,186

10,045

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraSmall-Cap

ProFund

Common

Stocks,

continued

Shares

Value

Zenas

Biopharma,

Inc.

\*

(Biotechnology)

$

5,938

Zeta

Global

Holdings

Corp.

\*

-

Class

A

(Software)

2,178

39,182

Zevia

PBC

\*

-

Class

A

(Beverages)

937

Zevra

Therapeutics,

Inc.

\*

(Pharmaceuticals)

634

6,454

Ziff

Davis,

Inc.

\*

(Interactive

Media

&

Services)

16,543

ZipRecruiter,

Inc.

\*

(Interactive

Media

&

Services)

796

3,701

Zspace,

Inc.

\*

(Software)

Zumiez,

Inc.

\*

(Specialty

Retail)

3,616

Zurn

Elkay

Water

Solutions

Corp.

(Building

Products)

1,758

82,819

Zymeworks,

Inc.

\*

(Biotechnology)

583

11,127

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $18,640,278)

33,585,293

Rights

(0.0%)

Cartesian

Therapeutics,

Inc.

\*†

(Biotechnology)

1,656

–

Chinook

Therapeutics

\*†

(Biotechnology)

750

–

TOTAL

RIGHTS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$–)

–

Trust

(0.0%)

Interest

Units

Value

Ferroglobe

Representation

and

Warranty

Insurance

\*†

(Metals

&

Mining)

1,320

$

–

TOTAL

TRUST

(Cost

$–)

–

Repurchase

Agreements

(b)(c) (33.5%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$17,563,922

$

17,562,000

$

17,562,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$17,562,000)

17,562,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$36,202,278)— 97.7%

51,147,293

Net

other

assets

(liabilities) —

2.3%

1,217,471

NET

ASSETS

—

100.0%

$

52,364,764

\*

Non-income

producing

security.

†

These

securities

were

fair

valued

based

on

procedures

approved

by

the

Board

of

Trustees.

As

of

October

31,

2025,

these

securities

represented

0.0%

of

the

net

assets

of

the

Fund.

(a) Number

of

shares

is

less

than

0.50. (b) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$9,148,000.

(c) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

ADR

American

Depositary

Receipt

REIT

Real

Estate

Investment

Trust

Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

CME

E-mini

Russell

2000

Index

Futures

Contracts

12/22/25

$

7,967,680

$

220,913

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

iShares

Russell

2000

ETF

Goldman

Sachs

International

11/28/25

4.07%

$

14,555,308

$

(219,099)

Russell

2000

Index

Goldman

Sachs

International

11/28/25

4.42%

23,254,105

(430,670)

$37,809,413

$(649,769)

iShares

Russell

2000

ETF

UBS

AG

11/28/25

4.67%

$6,681,863

$(114,101)

Russell

2000

Index

UBS

AG

11/28/25

4.57%

18,699,484

(324,468)

$25,381,347

$(438,569)

$63,190,760

$(1,088,338)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

UltraSmall-Cap

ProFund

UltraSmall-Cap

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Advertising

&

Marketing

$

4,474

NM

Aerospace

&

Defense

653,467

1.2%

Air

Freight

&

Logistics

32,972

0.1%

Apparel

&

Textile

Products

9,133

NM

Asset

Management

31,319

0.1%

Automobile

Components

413,465

0.8%

Automobiles

14,380

NM

Automotive

41,968

0.1%

Banking

66,490

0.1%

Banks

3,057,226

5.9%

Beverages

35,733

0.1%

Biotech

&

Pharma

144,325

0.3%

Biotechnology

2,759,618

5.3%

Broadline

Retail

30,758

0.1%

Building

Products

444,014

0.8%

Cable

&

Satellite

6,815

NM

Capital

Markets

494,835

0.9%

Chemicals

521,500

1.0%

Commercial

Services

&

Supplies

553,453

1.1%

Commercial

Support

Services

3,905

NM

Communications

Equipment

327,522

0.6%

Construction

&

Engineering

823,815

1.6%

Construction

Materials

60,693

0.1%

Consumer

Finance

312,341

0.6%

Consumer

Staples

Distribution

&

Retail

158,410

0.3%

Containers

&

Packaging

70,361

0.1%

Distributors

16,079

NM

Diversified

Consumer

Services

355,038

0.7%

Diversified

Telecommunication

Services

177,232

0.3%

Electric

Utilities

436,562

0.9%

Electrical

Equipment

999,456

1.9%

Electronic

Equipment,

Instruments

&

Components

1,193,091

2.3%

Energy

Equipment

&

Services

582,474

1.1%

Engineering

&

Construction

5,828

NM

Entertainment

157,100

0.3%

Entertainment

Content

4,060

NM

Equity

REIT

-

Diversified

190,275

0.4%

Financial

Services

733,922

1.5%

Food

Products

234,733

0.4%

Forestry,

Paper

&

Wood

Products

3,536

NM

Gas

&

Water

Utilities

63,842

0.1%

Gas

Utilities

285,297

0.5%

Ground

Transportation

104,093

0.2%

Health

Care

Equipment

&

Supplies

790,013

1.5%

Health

Care

Facilities

&

Services

32,675

0.1%

Health

Care

Providers

&

Services

1,067,444

2.0%

Health

Care

REITs

321,699

0.6%

Health

Care

Technology

122,234

0.2%

Hotel

&

Resort

REITs

186,749

0.4%

Value

%

of

Net

Assets

Hotels,

Restaurants

&

Leisure

$

498,768

1.0%

Household

Durables

571,941

1.1%

Household

Products

90,543

0.2%

Independent

Power/Renewable

Electricity

Producers

77,544

0.1%

Industrial

Conglomerates

9,954

NM

Industrial

REITs

130,847

0.2%

Institutional

Financial

Services

25,227

NM

Insurance

631,742

1.2%

Interactive

Media

&

Services

193,707

0.4%

Internet

Media

&

Services

18,400

NM

IT

Services

280,793

0.5%

Leisure

Facilities

&

Services

30,369

0.1%

Leisure

Products

150,887

0.3%

Life

Sciences

Tools

&

Services

118,262

0.2%

Machinery

1,254,583

2.5%

Marine

Transportation

60,324

0.1%

Media

291,532

0.6%

Medical

Equipment

&

Devices

55,092

0.1%

Metals

&

Mining

684,272

1.4%

Mortgage

REITs

274,507

0.5%

Multi-Utilities

142,005

0.3%

Office

REITs

192,509

0.4%

Oil

&

Gas

Producers

10,078

NM

Oil

&

Gas

Services

&

Equipment

15,680

NM

Oil,

Gas

&

Consumable

Fuels

1,035,511

2.0%

Paper

&

Forest

Products

19,586

NM

Passenger

Airlines

183,059

0.3%

Personal

Care

Products

60,219

0.1%

Pharmaceuticals

612,532

1.2%

Professional

Services

550,192

1.1%

Real

Estate

Management

&

Development

233,947

0.4%

Real

Estate

Owners

&

Developers

2,794

NM

Real

Estate

Services

2,117

NM

REITS

&

Real

Estate

Management

12,538

NM

Renewable

Energy

56,624

0.1%

Residential

REITs

117,995

0.2%

Retail

-

Discretionary

4,136

NM

Retail

REITs

379,250

0.8%

Semiconductors

2,973

NM

Semiconductors

&

Semiconductor

Equipment

1,312,398

2.5%

Software

2,098,208

4.0%

Specialized

REITs

120,641

0.2%

Specialty

Finance

20,031

NM

Specialty

Retail

699,808

1.2%

Steel

2,748

NM

Technology

Hardware

18,822

NM

Technology

Hardware,

Storage

&

Peripherals

249,476

0.5%

Technology

Services

32,572

0.1%

Telecommunications

33,424

0.1%

Textiles,

Apparel

&

Luxury

Goods

203,161

0.4%

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

UltraSmall-Cap

ProFund

Value

%

of

Net

Assets

Tobacco

$

32,734

0.1%

Trading

Companies

&

Distributors

340,652

0.7%

Transportation

&

Logistics

29,289

0.1%

Transportation

Infrastructure

2,460

NM

Water

Utilities

111,119

0.2%

Wholesale

-

Discretionary

1,482

NM

Wireless

Telecommunication

Services

56,805

0.1%

Other

\*\*

18,779,471

35.8%

Total

$

52,364,764

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

NM

Not

meaningful,

amount

is

less

than

0.05%

REIT

Real

Estate

Investment

Trust

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

U.S.

Government

Plus

ProFund

Repurchase

Agreements

(a) (b) (228

.7

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$12,571,376

$

12,570,000

$

12,570,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$12,570,000)

12,570,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$12,570,000)— 228.7%

12,570,000

Net

other

assets

(liabilities)

—

(128

.7)

%

(7,073,556)

NET

ASSETS

—

100.0%

$

5,496,444

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$499,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

30-Year

U.S.

Treasury

Bond,

4.75%,

due

8/15/55

Citibank

North

America

11/18/25

4.38%

$

5,119,871

$

11,596

30-Year

U.S.

Treasury

Bond,

4.75%,

due

8/15/55

Societe

Generale

11/18/25

4.45%

1,750,996

(8,769)

$6,870,867

$2,827

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

October

31,

2025

(unaudited)

::

Schedule

of

Portfolio

Investments

Utilities

UltraSector

ProFund

Common

Stocks

(78

.7

%)

Shares

Value

Alliant

Energy

Corp.

(Electric

Utilities)

1,498

$

100,096

Ameren

Corp.

(Multi-Utilities)

1,576

160,784

American

Electric

Power

Co.,

Inc.

(Electric

Utilities)

3,118

374,971

American

Water

Works

Co.,

Inc.

(Water

Utilities)

1,137

146,025

Atmos

Energy

Corp.

(Gas

Utilities)

936

160,730

CenterPoint

Energy,

Inc.

(Multi-Utilities)

3,806

145,541

CMS

Energy

Corp.

(Multi-Utilities)

1,745

128,345

Consolidated

Edison,

Inc.

(Multi-Utilities)

2,103

204,853

Constellation

Energy

Corp.

(Electric

Utilities)

1,821

686,517

Dominion

Energy,

Inc.

(Multi-Utilities)

4,976

292,041

DTE

Energy

Co.

(Multi-Utilities)

1,210

164,003

Duke

Energy

Corp.

(Electric

Utilities)

4,534

563,576

Edison

International

(Electric

Utilities)

2,244

124,273

Entergy

Corp.

(Electric

Utilities)

2,603

250,122

Evergy,

Inc.

(Electric

Utilities)

1,342

103,079

Eversource

Energy

(Electric

Utilities)

2,164

159,725

Exelon

Corp.

(Electric

Utilities)

5,888

271,555

FirstEnergy

Corp.

(Electric

Utilities)

3,030

138,865

NextEra

Energy,

Inc.

(Electric

Utilities)

12,006

977,288

NiSource,

Inc.

(Multi-Utilities)

2,745

115,592

NRG

Energy,

Inc.

(Electric

Utilities)

1,128

193,858

PG&E

Corp.

(Electric

Utilities)

12,813

204,495

Pinnacle

West

Capital

Corp.

(Electric

Utilities)

696

61,610

PPL

Corp.

(Electric

Utilities)

4,311

157,438

Public

Service

Enterprise

Group,

Inc.

(Multi-Utilities)

2,910

234,430

Sempra

(Multi-Utilities)

3,804

349,741

The

AES

Corp.

(Independent

Power/Renewable

Electricity

Producers)

4,151

57,574

Common

Stocks,

continued

Shares

Value

The

Southern

Co.

(Electric

Utilities)

6,413

$

603,079

Vistra

Corp.

(Independent

Power/Renewable

Electricity

Producers)

1,857

349,673

WEC

Energy

Group,

Inc.

(Multi-Utilities)

1,876

209,605

Xcel

Energy,

Inc.

(Electric

Utilities)

3,448

279,874

TOTAL

COMMON

STOCKS

&nbsp;&nbsp;&nbsp;&nbsp;(Cost $2,358,494)

7,969,358

Repurchase

Agreements

(a) (b) (21

.6

%)

Principal

Amount

Value

Repurchase

Agreements

with

various

counterparties,

rates

3.82%-4.02%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$2,193,240

$

2,193,000

2,193,000

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$2,193,000)

2,193,000

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$4,551,494)— 100.3%

10,162,358

Net

other

assets

(liabilities)

—

(0

.3)

%

(26,257)

NET

ASSETS

—

100.0%

$

10,136,101

(a) A

portion

of

these

securities

were

held

in

a

segregated

account

for

the

benefit

of

swap

counterparties

in

the

event

of

default.

At

October

31,

2025,

the

aggregate

amount

held

in

a

segregated

account

was

$1,500,000.

(b) The

ProFund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust. See

"Repurchase

Agreements'

in

the

Appendix

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Total

Return

Swap

Agreements—Long

Underlying

Instrument

Counterparty

Termination

Date

(1) Rate

Paid

(Received)

(2) Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

S&P

Utilities

Select

Sector

Index

Goldman

Sachs

International

11/24/25

4.62%

$

5,011,216

$

(78,732)

S&P

Utilities

Select

Sector

Index

UBS

AG

11/24/25

4.57%

2,224,803

(31,248)

$7,236,019

$(109,980)

(1) Agreements

may

be

terminated

at

will

by

either

party

without

penalty. Payment

is

due

at

termination/maturity.

(2) Reflects

the

floating

financing

rate,

as

of

October

31,

2025,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions. This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

Utilities

UltraSector

ProFund

invested

in

the

following

industries

as

of

October

31,

2025:

Value

%

of

Net

Assets

Electric

Utilities

$

5,250,421

51.9%

Gas

Utilities

160,730

1.6%

Independent

Power/Renewable

Electricity

Producers

407,247

4.0%

Multi-Utilities

2,004,935

19.8%

Water

Utilities

146,025

1.4%

Other

\*\*

2,166,743

21.3%

Total

$

10,136,101

100.0%

\*\*

Includes

any

non-equity

securities

and

other

net

assets

(liabilities),

which

includes

any

receivable

for

capital

shares

issued

and

payable

for

capital

shares

redeemed.

Consolidated

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Bitcoin

ProFund

U.S.

Treasury

Obligations

(66

.4

%)

Principal

Amount

Value

U.S.

Treasury

Bills,

2.87%

(a) ,

11/12/25

(b) $

400,000,000

$

399,616,748

TOTAL U.S.

TREASURY

OBLIGATIONS

(Cost $399,533,012)

399,616,748

Repurchase

Agreements

(3

.0

%)

Repurchase

Agreements

with

UMB

Bank,

N.A.,3.80%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$17,889,892

(Collateralized

by

U.S.

Treasury

Notes,

4.00%,

due

2/29/28,

total

value

$18,245,777)

17,888,004

17,888,004

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$17,888,004)

17,888,004

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$417,421,016)

— 69.4%

417,504,752

Reverse

Repurchase

Agreements

including

accrued

interest

—

(49.8%)

(299,743,049)

Net

other

assets

(liabilities) — 80.4%

483,898,808

NET

ASSETS

—

100.0%

$

601,660,511

(a) Reflects

the

effective

yield

or

interest

rate

in

effect

at

October

31,

2025. (b) $299,709,000

of

this

security

has

been

pledged

as

collateral

for

reverse

repurchase

agreements.

Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

CME

Bitcoin

Futures

Contracts

1,088

12/1/25

$

600,140,800

$

(7,814,625)

October

31,

2025

(unaudited)

::

Consolidated

Schedule

of

Portfolio

Investments

Short

Bitcoinl

ProFund

U.S.

Treasury

Obligations

(63

.8

%)

Principal

Amount

Value

U.S.

Treasury

Bills,

2.87%

(a) ,

11/12/25

(b) $

380,000

$

379,636

TOTAL U.S.

TREASURY

OBLIGATIONS

(Cost $379,557)

379,636

Repurchase

Agreements

(11

.1

%)

Repurchase

Agreements

with

UMB

Bank,

N.A.,3.80%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$65,707

(Collateralized

by

U.S.

Treasury

Notes,

4.38%,

due

11/30/28,

total

value

$67,014)

65,700

65,700

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$65,700)

65,700

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$445,257)

— 74.9%

445,336

Reverse

Repurchase

Agreements

including

accrued

interest

—

(63.9%)

(379,674)

Net

other

assets

(liabilities) — 89.0%

528,692

NET

ASSETS

—

100.0%

$

594,354

(a) Reflects

the

effective

yield

or

interest

rate

in

effect

at

October

31,

2025. (b) $379,631

of

this

security

has

been

pledged

as

collateral

for

reverse

repurchase

agreements.

Futures

Contracts

Sold

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

CME

Micro

Bitcoin

Futures

Contracts

12/1/25

$

(584,696)

$

(18,285)

Consolidated

Schedule

of

Portfolio

Investments

::

October

31,

2025

(unaudited)

Ether

ProFund

U.S.

Treasury

Obligations

(59.3%)

Principal

Amount

Value

U.S.

Treasury

Bills,

2.87%

(a) ,

11/12/25

(b) $

5,000,000

$

4,995,209

TOTAL U.S.

TREASURY

OBLIGATIONS

(Cost $4,994,162)

4,995,209

Repurchase

Agreements

(2.4%)

Repurchase

Agreements

with

UMB

Bank,

N.A.,3.80%,

dated

10/31/25,

due

11/3/25,

total

to

be

received

$203,466

(Collateralized

by

U.S.

Treasury

Notes,

4.38%,

due

11/30/28,

total

value

$207,514)

203,445

203,445

TOTAL

REPURCHASE

AGREEMENTS

(Cost

$203,445)

203,445

TOTAL

INVESTMENT

SECURITIES

&nbsp;&nbsp;&nbsp;&nbsp;(Cost

$5,197,607)

— 61.7%

5,198,654

Reverse

Repurchase

Agreements

including

accrued

interest

—

(59.3%)

(4,995,718)

Net

other

assets

(liabilities) — 97.6%

8,223,647

NET

ASSETS

—

100.0%

$

8,426,583

(a) Reflects

the

effective

yield

or

interest

rate

in

effect

at

October

31,

2025. (b) $4,995,150

of

this

security

has

been

pledged

as

collateral

for

reverse

repurchase

agreements.

Futures

Contracts

Purchased

Number

of

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation/

(Depreciation)

CME

Ether

Futures

Contracts

12/1/25

$

8,209,950

$

429,450

CME

Micro

Ether

Futures

Contracts

12/1/25

164,199

6,741

$8,374,149

$436,191

October

31,

2025

(unaudited)

::

Appendix

Repurchase

agreements

Information

concerning

the

counterparties,

value

of,

collateralization

and

amounts

due

under

repurchase

agreement

transactions

may

be

found

in

the

table

below.

As

of

October

31,

2025,

the

following

ProFunds

had

undivided

interest

in

joint

repurchase

agreements

with

the

following

counterparties,

for

the

time

periods

and

rates

indicated.

Amounts

shown

in

the

table

below

represent

principal

amount,

cost

and

value

for

each

respective repurchase

agreement.

Fund

Name

Credit

Agricole,

3.90%

dated

10/31/25,

due

11/3/25

HSBC

Securities

(USA),

Inc.,

4.02%

dated

10/31/25,

due

11/3/25

Natwest

Markets,

LLC,

4.00%

dated

10/31/25,

due

11/3/25

RBC

Capital

Markets,

LLC,

3.87%

dated

10/31/25,

due

11/3/25

Societe

Generale,

3.9%

dated

10/31/25,

due

11/3/25

UMB

Bank,

N.A.,

3.82%

dated

10/31/25,

due

11/3

/25

Access

Flex

Bear

High

Yield

ProFund

$31,000

$62,000

$31,000

$17,000

$57,000

$19,000

Access

Flex

High

Yield

ProFund

2,230,000

4,524,000

2,230,000

1,274,000

4,142,000

1,197,000

Banks

UltraSector

ProFund

244,000

494,000

244,000

138,000

453,000

139,000

Bear

ProFund

889,000

1,805,000

889,000

508,000

1,652,000

481,000

Biotechnology

UltraSector

ProFund

2,833,000

5,748,000

2,833,000

1,618,000

5,263,000

1,528,000

Bull

ProFund

1,805,000

3,663,000

1,805,000

1,031,000

3,354,000

976,000

Communication

Services

UltraSector

ProFund

634,000

1,287,000

634,000

362,000

1,178,000

347,000

Consumer

Discretionary

UltraSector

ProFund

1,396,000

2,834,000

1,396,000

797,000

2,594,000

758,000

Consumer

Staples

UltraSector

ProFund

114,000

230,000

114,000

63,000

211,000

70,000

Energy

UltraSector

ProFund

500,000

1,015,000

500,000

285,000

929,000

275,000

Falling

U.S.

Dollar

ProFund

159,000

323,000

159,000

91,000

296,000

90,000

Financials

UltraSector

ProFund

792,000

1,608,000

792,000

452,000

1,472,000

434,000

Health

Care

UltraSector

ProFund

557,000

1,131,000

557,000

317,000

1,036,000

309,000

Industrials

UltraSector

ProFund

372,000

756,000

372,000

212,000

692,000

207,000

Internet

UltraSector

ProFund

2,460,000

4,992,000

2,460,000

1,406,000

4,570,000

1,326,000

Materials

UltraSector

ProFund

79,000

160,000

79,000

45,000

146,000

46,000

Mid-Cap

ProFund

471,000

956,000

471,000

268,000

875,000

261,000

ProFund

6,003,000

12,179,000

6,003,000

3,430,000

11,151,000

3,224,000

Oil

&

Gas

Equipment

&

Services

UltraSector

ProFund

261,000

532,000

261,000

148,000

487,000

149,000

Pharmaceuticals

UltraSector

ProFund

77,000

158,000

77,000

43,000

144,000

47,000

Precious

Metals

UltraSector

ProFund

2,197,000

4,457,000

2,197,000

1,254,000

4,080,000

1,185,000

Real

Estate

UltraSector

ProFund

86,000

175,000

86,000

48,000

160,000

54,000

Rising

Rates

Opportunity

ProFund

1,269,000

2,576,000

1,269,000

724,000

2,357,000

688,000

Rising

Rates

Opportunity

ProFund

75,000

153,000

75,000

42,000

140,000

48,000

Rising

U.S.

Dollar

ProFund

1,234,000

2,505,000

1,234,000

704,000

2,293,000

667,000

Semiconductor

UltraSector

ProFund

22,419,000

45,480,000

22,419,000

12,810,000

41,637,000

12,017,000

Short

Energy

ProFund

131,000

267,000

131,000

75,000

244,000

77,000

Short

ProFund

611,000

1,241,000

611,000

349,000

1,136,000

336,000

Short

Precious

Metals

ProFund

1,562,000

3,173,000

1,562,000

892,000

2,904,000

847,000

Short

Real

Estate

ProFund

152,000

310,000

152,000

85,000

283,000

90,000

Short

Small-Cap

ProFund

139,000

282,000

139,000

79,000

259,000

82,000

Small-Cap

ProFund

264,000

538,000

264,000

151,000

493,000

151,000

Technology

UltraSector

ProFund

3,594,000

7,293,000

3,594,000

2,053,000

6,676,000

1,935,000

UltraBear

ProFund

644,000

1,309,000

644,000

368,000

1,197,000

353,000

UltraBull

ProFund

6,869,000

13,937,000

6,869,000

3,925,000

12,759,000

3,689,000

UltraChina

ProFund

1,132,000

2,299,000

1,132,000

646,000

2,106,000

616,000

UltraDow

ProFund

1,509,000

3,062,000

1,509,000

862,000

2,803,000

815,000

UltraEmerging

Markets

ProFund

479,000

974,000

479,000

274,000

892,000

265,000

UltraInternational

ProFund

638,000

1,294,000

638,000

363,000

1,185,000

351,000

UltraJapan

ProFund

3,370,000

6,837,000

3,370,000

1,925,000

6,259,000

1,812,000

UltraLatin

America

ProFund

155,000

318,000

155,000

89,000

290,000

92,000

UltraMid-Cap

ProFund

1,203,000

2,442,000

1,203,000

686,000

2,236,000

654,000

ProFund

50,125,000

101,684,000

50,125,000

28,642,000

93,092,000

26,858,000

UltraShort

China

ProFund

275,000

560,000

275,000

157,000

513,000

157,000

UltraShort

Dow

ProFund

173,000

352,000

173,000

98,000

322,000

100,000

UltraShort

Emerging

Markets

ProFund

37,000

75,000

37,000

21,000

69,000

26,000

UltraShort

International

ProFund

251,000

508,000

251,000

142,000

466,000

139,000

UltraShort

Japan

ProFund

120,000

245,000

120,000

69,000

224,000

71,000

UltraShort

Latin

America

ProFund

79,000

161,000

79,000

44,000

147,000

51,000

UltraShort

Mid-Cap

ProFund

75,000

154,000

75,000

42,000

141,000

50,000

UltraShort

ProFund

2,057,000

4,174,000

2,057,000

1,175,000

3,822,000

1,112,000

UltraShort

Small-Cap

ProFund

567,000

1,152,000

567,000

323,000

1,054,000

312,000

UltraSmall-Cap

ProFund

2,510,000

5,093,000

2,510,000

1,434,000

4,662,000

1,353,000

U.S.

Government

Plus

ProFund

1,797,000

3,645,000

1,797,000

1,026,000

3,337,000

968,000

Utilities

UltraSector

ProFund

312,000

634,000

312,000

177,000

580,000

178,000

$130,017,000

$263,816,000

$130,017,000

$74,259,000

$241,520,000

$70,082,000

Appendix

::

October

31,

2025

(unaudited)

Each

repurchase

agreement

was

fully

collateralized

by

U.S.

government

securities

as

of

October

31,

2025,

as

follows:

(1) U.S.

Treasury

Notes,

4.375%,

due

8/31/2028,

total

value

$132,672,248.

(2) U.S.

Treasury

Bonds,

2.875%

to

4.75%,

due

5/15/2043

to

11/15/2053,

which

had

an

aggregate

value

of

$269,081,271.

(3) U.S.

Treasury

Notes,

3.75%

to

4.00%,

due

4/15/2028

to

2/28/2030,

which

had

an

aggregate

value

of

$132,615,591.

(4) U.S.

Treasury

Notes,

3.875%,

due

5/31/2027,

total

value

$75,745,707.

(5) U.S.

Treasury

Notes,

4.125%,

due

3/31/2031,

total

value

$246,341,136.

(6) U.S.

Treasury

Notes,

4.00%

to

4.375%,

due

2/29/2028

to

11/30/2028,

which

had

an

aggregate

value

of

$71,472,586.

October

31,

2025

(unaudited)

::

Appendix

Reverse

Repurchase

Agreements

As

of

October

31,

2025,

the

ProFunds'

outstanding

balances

of

reverse

repurchase

agreements

were

as

follows:

Counterparty

Interest

Rate

Principal

Amount

Maturity

Value

Value

&

Accrued

Interest

Bitcoin

ProFund

UMB

Bank

N.A.

4.09%

$

(299,709,000)

11/3/2025

$

(299,709,000)

$

(299,743,049)

Ether

ProFund

UMB

Bank

N.A.

4.09%

(4,995,150)

11/3/2025

(4,995,150)

(4,995,718)

Short

Bitcoin

ProFund

UMB

Bank

N.A.

4.09%

(379,631)

11/3/2025

(379,631)

(379,674)

The

following

table

presents

the

reverse

repurchase

agreements

subject

to

netting

agreements

and

the

collateral

delivered

related

to

those

reverse

repurchase

agreements:

Counterparty

Reverse

Repurchase

Agreements

(1) Collateral

Pledged

to

Counterparty

Bitcoin

ProFund

UMB

Bank

N.A.

$

(299,743,049)

$

299,709,000

Ether

ProFund

UMB

Bank

N.A.

(4,995,718)

4,995,150

Short

Bitcoin

ProFund

UMB

Bank

N.A.

(379,674)

379,631

(1) Represents

gross

value

and

accrued

interest

for

the

counterparty

as

reported

in

the

preceding

table.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ProFunds

- **b. Investment Company Act file number:** 811-08239

- **c. CIK number of Registrant:** 0001039803

- **d. LEI of Registrant:** 549300HM4OOUYSE5DP77

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 7272 Wisconsin Avenue

  - **City:** Bethesda

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20814

  - **Telephone number:** 240-497-6400

**Item A.2. Information about the Series.**

- **a. Name of Series:** INDUSTRIALS ULTRASECTOR PROFUND

- **b. EDGAR series identifier (if any):** S000003113

- **c. LEI of Series:** JSE2KEVW3PXZWEKCHK98

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $18994221.16

**Total Liabilities:** $8619275.73

**Net Assets:** $10374945.43

**Cash Not Reported:** $9253.25

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000008441 | -0.46%               | 2.43%                | 0.26%                |
| Class ID C000008442 | -0.54%               | 2.34%                | 0.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $95789.64                | $-72191.25                                 |
| Month 2  | $13715.84                | $25731.75                                  |
| Month 3  | $21028.40                | $-8162.49                                  |

**Designated Index Information**

- **Index Name:** Dow Jones U.S. Industrials Index

- **Index Identifier:** DJUSIN

### Schedule of Portfolio Investments

| Name                                        | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ingersoll Rand Inc                          | Ingersoll Rand, Inc.                          | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |       589 | NS      | $44958.37     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc.                             | GE Vernova LLC                                | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |       443 | NS      | $259217.02    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corporation                             | CSX Corp.                                     | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |      3037 | NS      | $109392.74    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc.                                | Cummins, Inc.                                 | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       224 | NS      | $98040.32     | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc.                                | Textron, Inc.                                 | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |       290 | NS      | $23434.90     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                       | Uber Technologies, Inc.                       | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      3397 | NS      | $327810.50    | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Company                                  | 3M Co.                                        | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |       868 | NS      | $144522.00    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp                                | Nordson Corp.                                 | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |        87 | NS      | $20179.65     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                     | Republic Services, Inc.                       | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |       331 | NS      | $68927.44     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                         | Axon Enterprise, Inc.                         | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |       128 | NS      | $93725.44     | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                               | Veralto Corp                                  | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |       404 | NS      | $39866.72     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                         | ROYAL BANK OF CANADA 3.87 , 11/03/2025        | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |    212000 | PA      | $212000.00    | 2.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                         | IDPIX_IXI_GOLDMAN                             | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | US        |       -51 | OU      | $-6.48        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J. B. Hunt Transport Services, Inc.         | JB Hunt Transport Services, Inc.              | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |       125 | NS      | $21107.50     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International Of Washington Inc. | Expeditors International of Washington, Inc.  | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |       221 | NS      | $26939.90     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc.                        | Delta Air Lines, Inc.                         | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |      1057 | NS      | $60650.66     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                        | Emerson Electric Co.                          | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |       917 | NS      | $127985.69    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-On Incorporated                        | Snap-on, Inc.                                 | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |        85 | NS      | $28521.75     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| C.H. Robinson Worldwide Inc                 | CH Robinson Worldwide, Inc.                   | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |       192 | NS      | $29566.08     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.                | Honeywell International, Inc.                 | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      1034 | NS      | $208175.22    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corporation                           | Dover Corp.                                   | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |       223 | NS      | $40465.58     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corporation                           | Masco Corp.                                   | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |       341 | NS      | $22083.16     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Transdigm Group Inc.                        | Transdigm Group                               | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        92 | NS      | $120382.92    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corporation                   | Union Pacific Corp.                           | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |       966 | NS      | $212877.42    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc.                                | Equifax, Inc.                                 | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |       202 | NS      | $42642.20     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc                | United Continental Holdings, Inc.             | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |       527 | NS      | $49559.08     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc.                       | Generac Holdings, Inc.                        | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |        96 | NS      | $16129.92     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith(Ao)Corp                               | A.O. Smith Corp.                              | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |       186 | NS      | $12274.14     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                         | Paycom Software, Inc.                         | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |        82 | NS      | $15341.38     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International PLC          | Johnson Controls International PLC            | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |      1066 | NS      | $121939.74    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc.                       | Jacobs Solutions, Inc.                        | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       195 | NS      | $30382.95     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker, Inc.                | Stanley Black & Decker, Inc.                  | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |       252 | NS      | $17065.44     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries, Inc.         | Huntington Ingalls Industries, Inc.           | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |        64 | NS      | $20609.28     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Emcor Group Inc                             | EMCOR Group, Inc.                             | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |        73 | NS      | $49331.94     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc.              | Old Dominion Freight Line, Inc.               | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |       301 | NS      | $42266.42     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics, Inc.                      | Verisk Analytics, Inc.                        | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |       228 | NS      | $49877.28     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                        | Otis Worldwide Corp.                          | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |       639 | NS      | $59273.64     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                         | UMB FINANCIAL CORP. 3.82 , 11/03/2025         | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |    207000 | PA      | $207000.00    | 2.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Trane Technologies PLC                      | Trane Technologies PLC                        | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       362 | NS      | $162411.30    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corporation                  | Carrier Global Corp.                          | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |      1303 | NS      | $77515.47     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation, Inc.                   | Rockwell Automation, Inc.                     | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |       183 | NS      | $67409.88     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                         | IDPIX_IXI_UBS                                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | US        |      -160 | OU      | $116.05       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Howmet Aerospace Inc                        | Howmet Aerospace Inc.                         | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |       657 | NS      | $135309.15    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                 | United Parcel Service, Inc.                   | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      1199 | NS      | $115607.58    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                       | Quanta Services, Inc.                         | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |       243 | NS      | $109138.59    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                         | SOCIETE' GENERALE  3.9 , 11/03/2025           | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |    692000 | PA      | $692000.00    | 6.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp.                       | Parker-Hannifin Corp.                         | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       208 | NS      | $160748.64    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                             | Caterpillar, Inc.                             | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       763 | NS      | $440449.38    | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortive Corporation                         | Fortive Corp.                                 | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |       551 | NS      | $27737.34     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.             | Automatic Data Processing, Inc.               | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |       660 | NS      | $171798.00    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                 | Paychex, Inc.                                 | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |       528 | NS      | $61791.84     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                                | Dayforce, Inc.                                | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |       260 | NS      | $17872.40     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Grainger W W Inc                            | W.W. Grainger, Inc.                           | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |        72 | NS      | $70488.00     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                         | Leidos Holdings, Inc.                         | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |       209 | NS      | $39808.23     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabtec Corp                                 | Wabtec Corp.                                  | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |       278 | NS      | $56834.32     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corporation                          | Cintas Corp.                                  | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       558 | NS      | $102264.66    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Idex Corporation                            | IDEX Corp.                                    | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |       123 | NS      | $21089.58     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                         | IDPIX_IXI_UBS                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               |  | US        |      1503 | OU      | $890.88       | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FedEx Corporation                           | FedEx Corp.                                   | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |       354 | NS      | $89852.28     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                             | Deere & Co.                                   | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |       410 | NS      | $189268.30    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                                 | Xylem, Inc.                                   | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |       397 | NS      | $59887.45     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Incorporated                        | Hubbell, Inc.                                 | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |        87 | NS      | $40890.00     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                         | HSBC SECURITIES (USA), INC. 4.02 , 11/03/2025 | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |    756000 | PA      | $756000.00    | 7.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Allegion PLC                                | Allegion PLC                                  | CUSIP: G0176J109<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |       140 | NS      | $23207.80     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corporation PLC                       | Eaton Corp. PLC                               | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |       634 | NS      | $241909.04    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corporation                | Northrop Grumman Corp.                        | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |       219 | NS      | $127775.55    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                                | General Electric, Co.                         | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      1727 | NS      | $533556.65    | 5.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                                 | Rollins, Inc.                                 | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |       458 | NS      | $26385.38     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                         | NATWEST MARKETS PLC TM 4 , 11/03/2025         | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |    372000 | PA      | $372000.00    | 3.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Pentair PLC                                 | Pentair PLC                                   | CUSIP: G7S00T104<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |       267 | NS      | $28395.45     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corporation                 | Lockheed Martin Corp.                         | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       335 | NS      | $164779.80    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corporation                | Norfolk Southern Corp.                        | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |       365 | NS      | $103433.70    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Paccar Inc                                  | PACCAR, Inc.                                  | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |       855 | NS      | $84132.00     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                | Fastenal Co.                                  | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |      1869 | NS      | $76909.35     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                      | Waste Management, Inc.                        | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |       604 | NS      | $120661.08    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc.                    | Illinois Tool Works, Inc.                     | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |       432 | NS      | $105373.44    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc.                   | Lennox International, Inc.                    | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |        52 | NS      | $26260.00     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc.         | Broadridge Financial Solutions, Inc.          | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |       191 | NS      | $42096.40     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                  | Copart, Inc.                                  | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |      1449 | NS      | $62321.49     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                   | Raytheon Technologies Corp.                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      2180 | NS      | $389130.00    | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                         | CREDIT AGRICOLE CIB NY  3.9 , 11/03/2025      | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |    372000 | PA      | $372000.00    | 3.59%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                         | IDPIX_IXI_GOLDMAN                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               |  | US        |      3805 | OU      | $7267.14      | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Southwest Airlines Co.                      | Southwest Airlines Co.                        | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |       856 | NS      | $25936.80     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ametek, Inc.                                | AMETEK, Inc.                                  | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |       376 | NS      | $75993.36     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation                | General Dynamics Corp.                        | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       411 | NS      | $141753.90    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                        | United Rentals, Inc.                          | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |       105 | NS      | $91473.90     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| L3 Harris Technologies Inc                  | L3 Harris Technologies, Inc.                  | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |       305 | NS      | $88175.50     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders Firstsource, Inc.                  | Builders FirstSource, Inc.                    | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |       180 | NS      | $20910.60     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| The Boeing Company                          | Boeing Co./The                                | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      1232 | NS      | $247656.64    | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-31

**Name of Applicant:** Industrials UltraSector ProFund

**Signature:** Rebecca Colvin

**Name of Signer:** Rebecca Colvin

**Title:** Treasurer and Principal Financial Officer