ProFunds Basic Materials UltraSector Fund (BMPIX) 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 BMPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BMPIX
BMPIX charges 1.89% annually. There are 41 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 | BMPIX vs DXNLX | |
| Rydex Nova Fund | 1.23% | — | Jul 1993 | BMPIX vs RYNVX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | 1.27% | — | Nov 2014 | BMPIX vs RMQHX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 1.32% | — | Nov 2014 | BMPIX vs RMQAX | |
| Direxion Monthly S&P 500 Bull 1.75X Fund | 1.35% | — | May 2006 | BMPIX vs DXSLX |
Best Risk-Adjusted Alternatives to BMPIX
BMPIX has a PortfoliosLab risk / return rank of 14. There are 32 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 | BMPIX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund | 92 | — | Jun 2000 | BMPIX vs SMPIX | |
| ProFunds Technology UltraSector Fund | 85 | — | Jun 2000 | BMPIX vs TEPIX | |
| ProFunds UltraLatin America Fund | 70 | — | Oct 2007 | BMPIX vs UBPIX | |
| ProFunds UltraNASDAQ-100 Fund | 70 | — | Nov 1997 | BMPIX vs UOPIX |
Top Performing BMPIX Alternatives (YTD)
BMPIX is at 19.15% YTD. There are 20 mutual funds in the Leveraged Equities category with higher YTD returns, going as high as 82.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Semiconductor UltraSector Fund | 82.09% | — | Jun 2000 | BMPIX vs SMPIX | |
| ProFunds UltraJapan Fund | 74.33% | — | Feb 2000 | BMPIX vs UJPIX | |
| Rydex Japan 2x Strategy Fund | 61.13% | — | Feb 2008 | BMPIX vs RYJSX | |
| ProFunds Technology UltraSector Fund | 57.79% | — | Jun 2000 | BMPIX vs TEPIX | |
| ProFunds UltraSector Oil & Gas Fund | 44.87% | — | Jun 2000 | BMPIX vs ENPIX |
Lowest Volatility Alternatives to BMPIX
BMPIX has 25.13% 1-year volatility. There are 17 mutual funds in the Leveraged Equities category with lower 1-year volatility, going as low as 11.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | 11.86% | — | Nov 1997 | BMPIX vs BLPIX | |
| Rydex Nova Fund | 17.79% | — | Jul 1993 | BMPIX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | 18.83% | — | Jan 2004 | BMPIX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | 19.59% | — | May 2000 | BMPIX vs RYEUX | |
| Communication Services UltraSector ProFund | 19.78% | — | Jun 2000 | BMPIX vs WCPIX |
Lowest Drawdown Alternatives to BMPIX
BMPIX has a 1-year max drawdown of -18.38%. There are 18 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 | BMPIX vs BLPIX | |
| ProFunds Real Estate UltraSector Fund | -12.68% | — | Jun 2000 | BMPIX vs REPIX | |
| Rydex Mid-Cap 1.5x Strategy Fund | -13.50% | — | Aug 2001 | BMPIX vs RYMDX | |
| Rydex Nova Fund | -13.84% | — | Jul 1993 | BMPIX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | -14.47% | — | Jan 2004 | BMPIX 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 | -24.39% | — | Jul 2021 | BMPIX vs BTCFX | |
| ProFunds UltraBull Fund | Leveraged Equities | 60 | 20.77% | — | Nov 1997 | BMPIX vs ULPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 29 | 1.73% | — | Jun 2002 | BMPIX vs PMPIX | |
| ProFunds Biotechnology UltraSector Fund | Leveraged Equities | 67 | 4.28% | — | Jun 2000 | BMPIX vs BIPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 67 | 20.74% | — | Aug 2000 | BMPIX vs OTPIX | |
| ProFunds Internet UltraSector Fund | Leveraged Equities | 6 | 7.23% | — | Jun 2000 | BMPIX vs INPIX | |
| ProFunds Financials UltraSector Fund | Leveraged Equities | 2 | -10.35% | — | Jun 2000 | BMPIX vs FNPIX | |
| ProFunds Ultra International Fund | Leveraged Equities | 17 | 14.13% | — | Apr 2006 | BMPIX vs UNPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | Leveraged Equities | 39 | -3.18% | — | Jun 2000 | BMPIX vs PHPIX | |
| ProFunds UltraChina | Leveraged Equities | 2 | -25.02% | — | Feb 2008 | BMPIX vs UGPIX |
Often Compared With BMPIX
Investors most often compare BMPIX with DXKLX, UTPIX, HCPIX. These 16 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare BMPIX with Any Fund or Stock
Compare BMPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BMPIX with funds that move differently
ProFunds Basic Materials UltraSector Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BMPIX.
Explore BMPIX Diversifiers