PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

ProFunds Precious Metals UltraSector Fund (PMPIX) Sharpe Ratio: 2.42

PMPIX's Sharpe Ratio of 2.42 indicates that for each unit of volatility, it generates 2.42 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 2, 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.

PMPIX Sharpe Ratio Rank

PMPIX Sharpe Ratio Rank: 96.096
Exceptional

PMPIX ranks above 96.0% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. 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

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

PMPIX Sharpe Ratio Market Positioning

The chart shows PMPIX'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%): 0.76 or lower
  • Yellow zone (middle 50%): 0.76 to 1.49
  • Green zone (top 25%): 1.49 or higher
  • Top 1%: 3.50+
  • Median: 1.10 — half of all investments score higher

How it compares to other similar mutual funds

The table compares ProFunds Precious Metals UltraSector Fund's Sharpe Ratio with other mutual funds in the Leveraged Equities, Leveraged category across multiple time periods, showing how PMPIX'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 2, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
UBPIXProFunds UltraLatin America Fund2.66
PMPIXProFunds Precious Metals UltraSector Fund2.42
UJPIXProFunds UltraJapan Fund2.07
BIPIXProFunds Biotechnology UltraSector Fund1.97
DRCVXComstock Capital Value Fund1.91
SMPIXProFunds Semiconductor UltraSector Fund1.82
RYJSXRydex Japan 2x Strategy Fund1.46
ENPIXProFunds UltraSector Oil & Gas Fund1.29
IDPIXProFunds Industrial Ultra Sector Fund1.09
UTPIXProFunds Utilities UltraSector Fund1.05

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PMPIX'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 PMPIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading graphics...

Explore PMPIX risk-adjusted metrics in detail

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

PMPIX Sortino Ratio