ProFunds Biotechnology UltraSector Fund (BIPIX) belongs to the Leveraged Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BIPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BIPIX
BIPIX charges 1.49% annually. There are 11 mutual funds in the Leveraged Equities category with lower expense ratios, going as low as 1.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly NASDAQ-100 Bull 1.25X Fund | 1.19% | — | Mar 2016 | BIPIX vs DXNLX | |
| Rydex Nova Fund | 1.23% | — | Jul 1993 | BIPIX vs RYNVX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | 1.27% | — | Nov 2014 | BIPIX vs RMQHX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 1.32% | — | Nov 2014 | BIPIX vs RMQAX | |
| Direxion Monthly Small Cap Bull 1.75X Fund | 1.35% | — | Feb 1999 | BIPIX vs DXRLX |
Best Risk-Adjusted Alternatives to BIPIX
BIPIX has a PortfoliosLab risk / return rank of 95. No mutual funds in the Leveraged Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Pharmaceuticals UltraSector Fund | 94 | — | Jun 2000 | BIPIX vs PHPIX | |
| ProFunds UltraJapan Fund | 93 | — | Feb 2000 | BIPIX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 76 | — | Jun 2000 | BIPIX vs SMPIX | |
| Rydex Japan 2x Strategy Fund | 74 | — | Feb 2008 | BIPIX vs RYJSX | |
| ProFunds UltraLatin America Fund | 65 | — | Oct 2007 | BIPIX vs UBPIX |
Top Performing BIPIX Alternatives (YTD)
BIPIX is at 51.16% YTD. There are 3 mutual funds in the Leveraged Equities category with higher YTD returns, going as high as 78.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 78.21% | — | Feb 2000 | BIPIX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 60.70% | — | Jun 2000 | BIPIX vs SMPIX | |
| Rydex Japan 2x Strategy Fund | 59.64% | — | Feb 2008 | BIPIX vs RYJSX | |
| ProFunds Technology UltraSector Fund | 41.45% | — | Jun 2000 | BIPIX vs TEPIX | |
| ProFunds UltraSmall Cap Fund | 39.71% | — | Feb 2000 | BIPIX vs UAPIX |
Lowest Volatility Alternatives to BIPIX
BIPIX has 39.92% 1-year volatility. There are 35 mutual funds in the Leveraged Equities category with lower 1-year volatility, going as low as 12.52%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | 12.52% | — | Nov 1997 | BIPIX vs BLPIX | |
| Rydex Nova Fund | 18.82% | — | Jul 1993 | BIPIX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | 19.99% | — | Jan 2004 | BIPIX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | 20.28% | — | May 2000 | BIPIX vs RYEUX | |
| Communication Services UltraSector ProFund | 20.58% | — | Jun 2000 | BIPIX vs WCPIX |
Lowest Drawdown Alternatives to BIPIX
BIPIX has a 1-year max drawdown of -15.15%. There are 6 mutual funds in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -9.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | -9.21% | — | Nov 1997 | BIPIX vs BLPIX | |
| ProFunds Real Estate UltraSector Fund | -12.68% | — | Jun 2000 | BIPIX vs REPIX | |
| Rydex Mid-Cap 1.5x Strategy Fund | -13.50% | — | Aug 2001 | BIPIX vs RYMDX | |
| Rydex Nova Fund | -13.84% | — | Jul 1993 | BIPIX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | -14.47% | — | Jan 2004 | BIPIX vs CNPIX |
Other Mutual Funds from ProFunds
The 10 most viewed ProFunds mutual funds shown here include BTCFX, UOPIX, ULPIX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Bitcoin ProFund Investor Class | Cryptocurrency | 0 | -29.04% | — | Jul 2021 | BIPIX vs BTCFX | |
| ProFunds UltraNASDAQ-100 Fund | Leveraged Equities | 46 | 31.92% | — | Nov 1997 | BIPIX vs UOPIX | |
| ProFunds UltraBull Fund | Leveraged Equities | 45 | 17.90% | — | Nov 1997 | BIPIX vs ULPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 20 | -20.99% | — | Jun 2002 | BIPIX vs PMPIX | |
| ProFunds UltraSector Oil & Gas Fund | Leveraged Equities | 28 | 33.98% | — | Jun 2000 | BIPIX vs ENPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 47 | 16.87% | — | Aug 2000 | BIPIX vs OTPIX | |
| ProFunds Ultra International Fund | Leveraged Equities | 21 | 14.28% | — | Apr 2006 | BIPIX vs UNPIX | |
| ProFunds Internet UltraSector Fund | Leveraged Equities | 3 | 0.98% | — | Jun 2000 | BIPIX vs INPIX | |
| ProFunds Financials UltraSector Fund | Leveraged Equities | 6 | 0.39% | — | Jun 2000 | BIPIX vs FNPIX | |
| ProFunds Ultra Dow 30 ProFund | Leveraged Equities | 36 | 16.34% | — | Jun 2002 | BIPIX vs UDPIX |
Often Compared With BIPIX
Investors most often compare BIPIX with SCHB, QLD, UGPIX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare BIPIX with Any Fund or Stock
Compare BIPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BIPIX with funds that move differently
ProFunds Biotechnology UltraSector Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BIPIX.
Explore BIPIX Diversifiers