ProFunds Rising Rates Opportunity Fund (RRPIX) belongs to the Inverse Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RRPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RRPIX
RRPIX charges 1.52% annually. There is 1 mutual fund in the Inverse Bonds category with a lower expense ratio, going as low as 1.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly 7-10 Year Treasury Bear 1.75X Fun... | 1.35% | — | May 2004 | RRPIX vs DXKSX | |
| Rydex Inverse High Yield Strategy Fund | 1.55% | — | Apr 2007 | RRPIX vs RYILX | |
| Access Flex Bear High Yield ProFund | 1.78% | — | Apr 2005 | RRPIX vs AFBIX | |
| ProFunds Rising Rates Opportunity 10 Fund | 1.78% | — | Jan 2005 | RRPIX vs RTPIX | |
| Rydex Inverse Government Long Bond Strategy Fund | 4.28% | — | Mar 1995 | RRPIX vs RYJUX |
Best Risk-Adjusted Alternatives to RRPIX
RRPIX has a PortfoliosLab risk / return rank of 3. There are 3 mutual funds in the Inverse Bonds category with higher risk-adjusted ranks, going as high as 4.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly 7-10 Year Treasury Bear 1.75X Fun... | 4 | — | May 2004 | RRPIX vs DXKSX | |
| ProFunds Rising Rates Opportunity 10 Fund | 4 | — | Jan 2005 | RRPIX vs RTPIX | |
| Rydex Inverse Government Long Bond Strategy Fund | 4 | — | Mar 1995 | RRPIX vs RYJUX | |
| Rydex Inverse High Yield Strategy Fund | 1 | — | Apr 2007 | RRPIX vs RYILX | |
| Access Flex Bear High Yield ProFund | 0 | — | Apr 2005 | RRPIX vs AFBIX |
Top Performing RRPIX Alternatives (YTD)
RRPIX is at 2.55% YTD. There is 1 mutual fund in the Inverse Bonds category with a higher YTD return, going as high as 4.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly 7-10 Year Treasury Bear 1.75X Fun... | 4.35% | — | May 2004 | RRPIX vs DXKSX | |
| ProFunds Rising Rates Opportunity 10 Fund | 2.55% | — | Jan 2005 | RRPIX vs RTPIX | |
| Rydex Inverse Government Long Bond Strategy Fund | 2.46% | — | Mar 1995 | RRPIX vs RYJUX | |
| Rydex Inverse High Yield Strategy Fund | 1.42% | — | Apr 2007 | RRPIX vs RYILX | |
| Access Flex Bear High Yield ProFund | -0.95% | — | Apr 2005 | RRPIX vs AFBIX |
Lowest Volatility Alternatives to RRPIX
RRPIX has 11.79% 1-year volatility. There are 5 mutual funds in the Inverse Bonds category with lower 1-year volatility, going as low as 3.82%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Access Flex Bear High Yield ProFund | 3.82% | — | Apr 2005 | RRPIX vs AFBIX | |
| Rydex Inverse High Yield Strategy Fund | 4.87% | — | Apr 2007 | RRPIX vs RYILX | |
| ProFunds Rising Rates Opportunity 10 Fund | 5.28% | — | Jan 2005 | RRPIX vs RTPIX | |
| Direxion Monthly 7-10 Year Treasury Bear 1.75X Fun... | 8.39% | — | May 2004 | RRPIX vs DXKSX | |
| Rydex Inverse Government Long Bond Strategy Fund | 9.52% | — | Mar 1995 | RRPIX vs RYJUX |
Lowest Drawdown Alternatives to RRPIX
RRPIX has a 1-year max drawdown of -8.73%. There are 5 mutual funds in the Inverse Bonds category with shallower 1-year drawdowns, going as shallow as -3.74%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Rising Rates Opportunity 10 Fund | -3.74% | — | Jan 2005 | RRPIX vs RTPIX | |
| Rydex Inverse High Yield Strategy Fund | -4.01% | — | Apr 2007 | RRPIX vs RYILX | |
| Access Flex Bear High Yield ProFund | -4.36% | — | Apr 2005 | RRPIX vs AFBIX | |
| Direxion Monthly 7-10 Year Treasury Bear 1.75X Fun... | -5.87% | — | May 2004 | RRPIX vs DXKSX | |
| Rydex Inverse Government Long Bond Strategy Fund | -6.75% | — | Mar 1995 | RRPIX vs RYJUX |
Other Mutual Funds from ProFunds
The 10 most viewed ProFunds mutual funds shown here include SMPIX, BTCFX, UOPIX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProFunds Semiconductor UltraSector Fund | Leveraged Equities | 92 | 75.79% | — | Jun 2000 | RRPIX vs SMPIX | |
| Bitcoin ProFund Investor | Cryptocurrency | 1 | -19.48% | — | Jul 2021 | RRPIX vs BTCFX | |
| ProFunds UltraNASDAQ-100 Fund | Leveraged Equities | 70 | 41.08% | — | Nov 1997 | RRPIX vs UOPIX | |
| ProFunds UltraBull Fund | Leveraged Equities | 62 | 20.47% | — | Nov 1997 | RRPIX vs ULPIX | |
| ProFunds Technology UltraSector Fund | Leveraged Equities | 84 | 54.92% | — | Jun 2000 | RRPIX vs TEPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 35 | 0.25% | — | Jun 2002 | RRPIX vs PMPIX | |
| ProFunds Biotechnology UltraSector Fund | Leveraged Equities | 81 | 11.63% | — | Jun 2000 | RRPIX vs BIPIX | |
| ProFunds UltraSector Oil & Gas Fund | Leveraged Equities | 50 | 42.53% | — | Jun 2000 | RRPIX vs ENPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 68 | 20.16% | — | Aug 2000 | RRPIX vs OTPIX | |
| ProFunds Bull Investor Fund | Leveraged Equities | 63 | 10.74% | — | Nov 1997 | RRPIX vs BLPIX |
Often Compared With RRPIX
Investors most often compare RRPIX with SPMO, UJPIX. These 2 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 77 | 29.70% | 19.93B | Oct 2015 | RRPIX vs SPMO | |
| ProFunds UltraJapan Fund | Leveraged Equities | 93 | 73.10% | — | Feb 2000 | RRPIX vs UJPIX |
Compare RRPIX with Any Fund or Stock
Compare RRPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RRPIX with funds that move differently
ProFunds Rising Rates Opportunity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RRPIX.
Explore RRPIX Diversifiers