ProFunds UltraSector Health Care Fund (HCPIX) 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 HCPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HCPIX
HCPIX charges 1.61% annually. There are 22 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 | HCPIX vs DXNLX | |
| Rydex Nova Fund | 1.23% | — | Jul 1993 | HCPIX vs RYNVX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | 1.27% | — | Nov 2014 | HCPIX vs RMQHX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 1.32% | — | Nov 2014 | HCPIX vs RMQAX | |
| Direxion Monthly Small Cap Bull 1.75X Fund | 1.35% | — | Feb 1999 | HCPIX vs DXRLX |
Best Risk-Adjusted Alternatives to HCPIX
HCPIX has a PortfoliosLab risk / return rank of 26. There are 28 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 | HCPIX vs UJPIX | |
| ProFunds Biotechnology UltraSector Fund | 94 | — | Jun 2000 | HCPIX vs BIPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | 92 | — | Jun 2000 | HCPIX vs PHPIX | |
| Rydex Japan 2x Strategy Fund | 78 | — | Feb 2008 | HCPIX vs RYJSX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 77 | — | Jun 2000 | HCPIX vs SMPIX |
Top Performing HCPIX Alternatives (YTD)
HCPIX is at 4.77% YTD. There are 35 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 | HCPIX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 64.41% | — | Jun 2000 | HCPIX vs SMPIX | |
| Rydex Japan 2x Strategy Fund | 62.03% | — | Feb 2008 | HCPIX vs RYJSX | |
| ProFunds Biotechnology UltraSector Fund | 43.97% | — | Jun 2000 | HCPIX vs BIPIX | |
| ProFunds Technology UltraSector Fund | 41.97% | — | Jun 2000 | HCPIX vs TEPIX |
Lowest Volatility Alternatives to HCPIX
HCPIX has 23.73% 1-year volatility. There are 10 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 | HCPIX vs BLPIX | |
| Rydex Nova Fund | 18.81% | — | Jul 1993 | HCPIX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | 20.03% | — | Jan 2004 | HCPIX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | 20.23% | — | May 2000 | HCPIX vs RYEUX | |
| Communication Services UltraSector ProFund | 20.63% | — | Jun 2000 | HCPIX vs WCPIX |
Lowest Drawdown Alternatives to HCPIX
HCPIX has a 1-year max drawdown of -16.12%. There are 9 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 | HCPIX vs BLPIX | |
| ProFunds Real Estate UltraSector Fund | -12.68% | — | Jun 2000 | HCPIX vs REPIX | |
| Rydex Mid-Cap 1.5x Strategy Fund | -13.50% | — | Aug 2001 | HCPIX vs RYMDX | |
| Rydex Nova Fund | -13.84% | — | Jul 1993 | HCPIX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | -14.47% | — | Jan 2004 | HCPIX 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 | HCPIX vs BTCFX | |
| ProFunds UltraNASDAQ-100 Fund | Leveraged Equities | 47 | 32.77% | — | Nov 1997 | HCPIX vs UOPIX | |
| ProFunds UltraBull Fund | Leveraged Equities | 46 | 18.89% | — | Nov 1997 | HCPIX vs ULPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 19 | -21.55% | — | Jun 2002 | HCPIX vs PMPIX | |
| ProFunds UltraSector Oil & Gas Fund | Leveraged Equities | 27 | 34.95% | — | Jun 2000 | HCPIX vs ENPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 49 | 17.26% | — | Aug 2000 | HCPIX vs OTPIX | |
| ProFunds Ultra International Fund | Leveraged Equities | 23 | 15.08% | — | Apr 2006 | HCPIX vs UNPIX | |
| ProFunds Internet UltraSector Fund | Leveraged Equities | 4 | 1.29% | — | Jun 2000 | HCPIX vs INPIX | |
| ProFunds Financials UltraSector Fund | Leveraged Equities | 5 | 0.83% | — | Jun 2000 | HCPIX vs FNPIX | |
| ProFunds Ultra Dow 30 ProFund | Leveraged Equities | 35 | 16.98% | — | Jun 2002 | HCPIX vs UDPIX |
Often Compared With HCPIX
Investors most often compare HCPIX with BMPIX, ORI, UTPIX. These 11 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProFunds Basic Materials UltraSector Fund | Leveraged Equities | 10 | 16.98% | — | Sep 2001 | HCPIX vs BMPIX | |
| Old Republic International Corporation | 74 | -0.97% | — | — | HCPIX vs ORI | ||
| ProFunds Utilities UltraSector Fund | Leveraged Equities | 12 | 8.48% | — | Jul 2000 | HCPIX vs UTPIX | |
| Direxion Monthly S&P 500 Bull 1.75X Fund | Leveraged Equities, S&P 500 | 45 | 16.23% | — | May 2006 | HCPIX vs DXSLX | |
| ProFunds UltraLatin America Fund | Leveraged Equities | 74 | 34.38% | — | Oct 2007 | HCPIX vs UBPIX | |
| ProFunds UltraChina | Leveraged Equities | 1 | -37.93% | — | Feb 2008 | HCPIX vs UGPIX | |
| ProFunds UltraShort NASDAQ-100 Fund | Inverse Equities | 0 | -30.25% | — | Jun 1998 | HCPIX vs USPIX | |
| ProFunds Industrial Ultra Sector Fund | Leveraged Equities | 28 | 23.98% | — | Jan 2004 | HCPIX vs IDPIX | |
| ProFunds UltraBear Fund | Inverse Equities | 0 | -17.52% | — | Dec 1997 | HCPIX vs URPIX | |
| ProFunds UltraSmall Cap Fund | Leveraged Equities | 54 | 38.37% | — | Feb 2000 | HCPIX vs UAPIX | |
| Rydex Russell 2000 2x Strategy Fund | Leveraged Equities | 52 | 37.96% | — | May 2006 | HCPIX vs RYRUX |
Compare HCPIX with Any Fund or Stock
Compare HCPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HCPIX with funds that move differently
ProFunds UltraSector Health Care Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HCPIX.
Explore HCPIX Diversifiers