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        <pctVal>11.88786634211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="969500HUHIE5GG515X42" name="CREDIT AGRICOLE CIB NY"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>Y</isTriParty>
          <repurchaseRt>4.26000000</repurchaseRt>
          <maturityDt>2025-07-01</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>85000.00000000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>86561.35000000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Currency Forward</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Currency Forward" value="11129CCTCHF__00004815"/>
        </identifiers>
        <balance>8876.00000000</balance>
        <units>OU</units>
        <currencyConditional curCd="CHF" exchangeRt="1.26280300"/>
        <valUSD>350.73000000</valUSD>
        <pctVal>0.049636087644</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>UBS SECURITIES, INC.</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <amtCurSold>10857.91000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>8876.00000000</amtCurPur>
            <curPur>CHF</curPur>
            <settlementDt>2025-07-11</settlementDt>
            <unrealizedAppr>350.73000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Currency Forward</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Currency Forward" value="11129CCTGBP__00004817"/>
        </identifiers>
        <balance>27922.00000000</balance>
        <units>OU</units>
        <currencyConditional curCd="GBP" exchangeRt="1.37247000"/>
        <valUSD>594.82000000</valUSD>
        <pctVal>0.084180245924</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>UBS SECURITIES, INC.</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <amtCurSold>37727.29000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>27922.00000000</amtCurPur>
            <curPur>GBP</curPur>
            <settlementDt>2025-07-11</settlementDt>
            <unrealizedAppr>594.82000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Currency Forward</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Currency Forward" value="11129CCTCAD__00004802"/>
        </identifiers>
        <balance>45994.00000000</balance>
        <units>OU</units>
        <currencyConditional curCd="CAD" exchangeRt="0.73489300"/>
        <valUSD>110.36000000</valUSD>
        <pctVal>0.015618392018</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS GROUP, INC.</counterpartyName>
              <counterpartyLei>T6FIZBDPKLYJKFCRVK44</counterpartyLei>
            </counterparties>
            <amtCurSold>33690.30000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>45994.00000000</amtCurPur>
            <curPur>CAD</curPur>
            <settlementDt>2025-07-11</settlementDt>
            <unrealizedAppr>110.36000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Currency Forward</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Currency Forward" value="11129CCTEUR__00004804"/>
        </identifiers>
        <balance>186781.00000000</balance>
        <units>OU</units>
        <currencyConditional curCd="EUR" exchangeRt="1.17873900"/>
        <valUSD>5680.71000000</valUSD>
        <pctVal>0.803946681051</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS GROUP, INC.</counterpartyName>
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            </counterparties>
            <amtCurSold>214485.29000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>186781.00000000</amtCurPur>
            <curPur>EUR</curPur>
            <settlementDt>2025-07-11</settlementDt>
            <unrealizedAppr>5680.71000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Currency Forward</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Currency Forward" value="11129CCTGBP__00004805"/>
        </identifiers>
        <balance>32382.00000000</balance>
        <units>OU</units>
        <currencyConditional curCd="GBP" exchangeRt="1.37247000"/>
        <valUSD>689.90000000</valUSD>
        <pctVal>0.097636178445</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS GROUP, INC.</counterpartyName>
              <counterpartyLei>T6FIZBDPKLYJKFCRVK44</counterpartyLei>
            </counterparties>
            <amtCurSold>43753.43000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>32382.00000000</amtCurPur>
            <curPur>GBP</curPur>
            <settlementDt>2025-07-11</settlementDt>
            <unrealizedAppr>689.90000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>HSBC SECURITIES (USA), INC. B 4.3 , 7/01/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Dummy ID" value="HSB25701"/>
        </identifiers>
        <balance>252000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>252000.00000000</valUSD>
        <pctVal>35.66359902634</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="CYYGQCGNHMHPSMRL3R97" name="HSBC SECURITIES (USA), INC."/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>Y</isTriParty>
          <repurchaseRt>4.30000000</repurchaseRt>
          <maturityDt>2025-07-01</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>266100.00000000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>257137.13000000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>ProFund VP Falling U.S. Dollar</ncom:nameOfApplicant>
      <ncom:signature>Rebecca Colvin </ncom:signature>
      <ncom:signerName>Rebecca Colvin </ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer </ncom:title>
    </signature>
  </formData>
</edgarSubmission>
