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 Small Cap Bull 1.75X Fund | 1.35% | — | Feb 1999 | BMPIX vs DXRLX |
Best Risk-Adjusted Alternatives to BMPIX
BMPIX has a PortfoliosLab risk / return rank of 10. There are 36 mutual funds in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 94 | — | Feb 2000 | BMPIX vs UJPIX | |
| ProFunds Biotechnology UltraSector Fund | 94 | — | Jun 2000 | BMPIX vs BIPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | 92 | — | Jun 2000 | BMPIX vs PHPIX | |
| Rydex Japan 2x Strategy Fund | 78 | — | Feb 2008 | BMPIX vs RYJSX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 77 | — | Jun 2000 | BMPIX vs SMPIX |
Top Performing BMPIX Alternatives (YTD)
BMPIX is at 16.98% YTD. There are 24 mutual funds in the Leveraged Equities category with higher YTD returns, going as high as 79.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 79.44% | — | Feb 2000 | BMPIX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 64.41% | — | Jun 2000 | BMPIX vs SMPIX | |
| Rydex Japan 2x Strategy Fund | 62.03% | — | Feb 2008 | BMPIX vs RYJSX | |
| ProFunds Biotechnology UltraSector Fund | 43.97% | — | Jun 2000 | BMPIX vs BIPIX | |
| ProFunds Technology UltraSector Fund | 41.97% | — | Jun 2000 | BMPIX vs TEPIX |
Lowest Volatility Alternatives to BMPIX
BMPIX has 26.48% 1-year volatility. There are 17 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 | BMPIX vs BLPIX | |
| Rydex Nova Fund | 18.81% | — | Jul 1993 | BMPIX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | 20.03% | — | Jan 2004 | BMPIX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | 20.23% | — | May 2000 | BMPIX vs RYEUX | |
| Communication Services UltraSector ProFund | 20.63% | — | Jun 2000 | BMPIX vs WCPIX |
Lowest Drawdown Alternatives to BMPIX
BMPIX has a 1-year max drawdown of -18.38%. There are 16 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, UOPIX, ULPIX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Bitcoin ProFund Investor Class | Cryptocurrency | 0 | -28.27% | — | Jul 2021 | BMPIX vs BTCFX | |
| ProFunds UltraNASDAQ-100 Fund | Leveraged Equities | 47 | 32.77% | — | Nov 1997 | BMPIX vs UOPIX | |
| ProFunds UltraBull Fund | Leveraged Equities | 46 | 18.89% | — | Nov 1997 | BMPIX vs ULPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 19 | -21.55% | — | Jun 2002 | BMPIX vs PMPIX | |
| ProFunds UltraSector Oil & Gas Fund | Leveraged Equities | 27 | 34.95% | — | Jun 2000 | BMPIX vs ENPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 49 | 17.26% | — | Aug 2000 | BMPIX vs OTPIX | |
| ProFunds Ultra International Fund | Leveraged Equities | 23 | 15.08% | — | Apr 2006 | BMPIX vs UNPIX | |
| ProFunds Internet UltraSector Fund | Leveraged Equities | 4 | 1.29% | — | Jun 2000 | BMPIX vs INPIX | |
| ProFunds Financials UltraSector Fund | Leveraged Equities | 5 | 0.83% | — | Jun 2000 | BMPIX vs FNPIX | |
| ProFunds Ultra Dow 30 ProFund | Leveraged Equities | 35 | 16.98% | — | Jun 2002 | BMPIX vs UDPIX |
Often Compared With BMPIX
Investors most often compare BMPIX with UBPIX, DXKLX, UTPIX. These 19 comparison targets span 4 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