ProFunds Semiconductor UltraSector Fund (SMPIX) Sharpe Ratio: 1.52

SMPIX's Sharpe Ratio of 1.52 indicates that for each unit of volatility, it generates 1.52 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.

SMPIX Sharpe Ratio Rank

Exceptional

SMPIX ranks above 82.2% 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

SMPIX Sharpe Ratio Market Positioning

The chart shows SMPIX'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%): 0.66 or lower
Yellow zone (middle 50%): 0.66 to 1.37
Green zone (top 25%): 1.37 or higher
Top 1%: 3.60+
Median: 0.99 — half of all investments score higher

How it compares to other similar mutual funds

The table compares ProFunds Semiconductor UltraSector Fund's Sharpe Ratio with other mutual funds in the Leveraged Equities, Leveraged category across multiple time periods, showing how SMPIX'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.

Symbol	Name	1Y Sharpe Ratio
UBPIX	ProFunds UltraLatin America Fund	2.31
PMPIX	ProFunds Precious Metals UltraSector Fund	2.13
DRCVX	Comstock Capital Value Fund	1.86
UJPIX	ProFunds UltraJapan Fund	1.73
SMPIX	ProFunds Semiconductor UltraSector Fund	1.52
ENPIX	ProFunds UltraSector Oil & Gas Fund	1.42
BIPIX	ProFunds Biotechnology UltraSector Fund	1.34
UTPIX	ProFunds Utilities UltraSector Fund	1.14
RYJSX	Rydex Japan 2x Strategy Fund	1.13
IDPIX	ProFunds Industrial Ultra Sector Fund	0.93

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

How to choose period

Historical Sharpe Ratio

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

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Explore SMPIX risk-adjusted metrics in detail

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

SMPIX Sortino Ratio