ProFunds Banks UltraSector Fund (BKPIX) 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 BKPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BKPIX
BKPIX charges 1.71% annually. There are 26 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 | BKPIX vs DXNLX | |
| Rydex Nova Fund | 1.23% | — | Jul 1993 | BKPIX vs RYNVX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | 1.27% | — | Nov 2014 | BKPIX vs RMQHX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 1.32% | — | Nov 2014 | BKPIX vs RMQAX | |
| Direxion Monthly Small Cap Bull 1.75X Fund | 1.35% | — | Feb 1999 | BKPIX vs DXRLX |
Best Risk-Adjusted Alternatives to BKPIX
BKPIX has a PortfoliosLab risk / return rank of 10. There are 35 mutual funds in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 93 | — | Feb 2000 | BKPIX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund | 92 | — | Jun 2000 | BKPIX vs SMPIX | |
| ProFunds Technology UltraSector Fund | 84 | — | Jun 2000 | BKPIX vs TEPIX | |
| ProFunds Biotechnology UltraSector Fund | 81 | — | Jun 2000 | BKPIX vs BIPIX | |
| ProFunds UltraNASDAQ-100 Fund | 70 | — | Nov 1997 | BKPIX vs UOPIX |
Top Performing BKPIX Alternatives (YTD)
BKPIX is at 2.83% YTD. There are 35 mutual funds in the Leveraged Equities category with higher YTD returns, going as high as 75.79%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Semiconductor UltraSector Fund | 75.79% | — | Jun 2000 | BKPIX vs SMPIX | |
| ProFunds UltraJapan Fund | 73.10% | — | Feb 2000 | BKPIX vs UJPIX | |
| Rydex Japan 2x Strategy Fund | 60.48% | — | Feb 2008 | BKPIX vs RYJSX | |
| ProFunds Technology UltraSector Fund | 54.92% | — | Jun 2000 | BKPIX vs TEPIX | |
| ProFunds UltraSector Oil & Gas Fund | 42.53% | — | Jun 2000 | BKPIX vs ENPIX |
Lowest Volatility Alternatives to BKPIX
BKPIX has 32.21% 1-year volatility. There are 29 mutual funds in the Leveraged Equities category with lower 1-year volatility, going as low as 11.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | 11.88% | — | Nov 1997 | BKPIX vs BLPIX | |
| Rydex Nova Fund | 17.82% | — | Jul 1993 | BKPIX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | 18.87% | — | Jan 2004 | BKPIX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | 19.62% | — | May 2000 | BKPIX vs RYEUX | |
| Communication Services UltraSector ProFund | 19.63% | — | Jun 2000 | BKPIX vs WCPIX |
Lowest Drawdown Alternatives to BKPIX
BKPIX has a 1-year max drawdown of -21.69%. There are 24 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 | BKPIX vs BLPIX | |
| ProFunds Real Estate UltraSector Fund | -12.68% | — | Jun 2000 | BKPIX vs REPIX | |
| Rydex Mid-Cap 1.5x Strategy Fund | -13.50% | — | Aug 2001 | BKPIX vs RYMDX | |
| Rydex Nova Fund | -13.84% | — | Jul 1993 | BKPIX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | -14.47% | — | Jan 2004 | BKPIX vs CNPIX |
Other Mutual Funds from ProFunds
The 10 most viewed ProFunds mutual funds shown here include BTCFX, ULPIX, PMPIX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Bitcoin ProFund Investor | Cryptocurrency | 1 | -19.48% | — | Jul 2021 | BKPIX vs BTCFX | |
| ProFunds UltraBull Fund | Leveraged Equities | 62 | 20.47% | — | Nov 1997 | BKPIX vs ULPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 35 | 0.25% | — | Jun 2002 | BKPIX vs PMPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 68 | 20.16% | — | Aug 2000 | BKPIX vs OTPIX | |
| ProFunds Internet UltraSector Fund | Leveraged Equities | 7 | 9.45% | — | Jun 2000 | BKPIX vs INPIX | |
| ProFunds Financials UltraSector Fund | Leveraged Equities | 2 | -10.42% | — | Jun 2000 | BKPIX vs FNPIX | |
| ProFunds Ultra International Fund | Leveraged Equities | 17 | 12.72% | — | Apr 2006 | BKPIX vs UNPIX | |
| ProFunds UltraChina | Leveraged Equities | 2 | -28.27% | — | Feb 2008 | BKPIX vs UGPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | Leveraged Equities | 50 | 1.33% | — | Jun 2000 | BKPIX vs PHPIX | |
| ProFunds Ultra Dow 30 ProFund | Leveraged Equities | 31 | 10.72% | — | Jun 2002 | BKPIX vs UDPIX |
Often Compared With BKPIX
Investors most often compare BKPIX with TQQQ, USPIX, IDPIX. These 8 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 71 | 64.46% | 39.77B | Feb 2010 | BKPIX vs TQQQ | |
| ProFunds UltraShort NASDAQ-100 Fund | Inverse Equities | 0 | -32.01% | — | Jun 1998 | BKPIX vs USPIX | |
| ProFunds Industrial Ultra Sector Fund | Leveraged Equities | 18 | 14.80% | — | Jan 2004 | BKPIX vs IDPIX | |
| ProFunds Basic Materials UltraSector Fund | Leveraged Equities | 13 | 17.14% | — | Sep 2001 | BKPIX vs BMPIX | |
| Direxion Monthly S&P 500 Bull 1.75X Fund | Leveraged Equities, S&P 500 | 59 | 17.38% | — | May 2006 | BKPIX vs DXSLX | |
| ProFunds UltraLatin America Fund | Leveraged Equities | 68 | 36.09% | — | Oct 2007 | BKPIX vs UBPIX | |
| ProFunds Utilities UltraSector Fund | Leveraged Equities | 5 | -0.11% | — | Jul 2000 | BKPIX vs UTPIX | |
| ProFunds UltraBear Fund | Inverse Equities | 0 | -18.08% | — | Dec 1997 | BKPIX vs URPIX |
Compare BKPIX with Any Fund or Stock
Compare BKPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BKPIX with funds that move differently
ProFunds Banks UltraSector Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BKPIX.
Explore BKPIX Diversifiers