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ProFunds Basic Materials UltraSector Fund (BMPIX) Sharpe Ratio: 0.66

BMPIX's Sharpe Ratio of 0.66 indicates that for each unit of volatility, it generates 0.66 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

BMPIX Sharpe Ratio Rank

BMPIX Sharpe Ratio Rank: 26.326
Below Average

BMPIX ranks above 26.3% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

BMPIX Sharpe Ratio Market Positioning

The chart shows BMPIX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.70 or lower
  • Yellow zone (middle 50%): 0.70 to 1.42
  • Green zone (top 25%): 1.42 or higher
  • Top 1%: 3.55+
  • Median: 1.03 — half of all investments score higher

How it compares to other similar mutual funds

The table compares ProFunds Basic Materials UltraSector Fund's Sharpe Ratio with other mutual funds in the Leveraged Equities, Leveraged category across multiple time periods, showing how BMPIX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 1, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
PMPIXProFunds Precious Metals UltraSector Fund2.42
UBPIXProFunds UltraLatin America Fund2.31
UJPIXProFunds UltraJapan Fund2.07
BIPIXProFunds Biotechnology UltraSector Fund1.97
DRCVXComstock Capital Value Fund1.86
SMPIXProFunds Semiconductor UltraSector Fund1.82
ENPIXProFunds UltraSector Oil & Gas Fund1.29
UTPIXProFunds Utilities UltraSector Fund1.14
RYJSXRydex Japan 2x Strategy Fund1.13
TEPIXProFunds Technology UltraSector Fund0.94
BMPIXProFunds Basic Materials UltraSector Fund0.66

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows BMPIX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when BMPIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore BMPIX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

BMPIX Sortino Ratio