ProFunds Short NASDAQ-100 Fund (SOPIX) belongs to the Inverse Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SOPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SOPIX
SOPIX charges 1.78% annually. There are 6 mutual funds in the Inverse Equities category with lower expense ratios, going as low as 0.64%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO StocksPLUS Short Fund | 0.64% | — | Jul 2003 | SOPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 1.49% | — | Jan 1994 | SOPIX vs RYURX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | 1.55% | — | Sep 1998 | SOPIX vs RYAIX | |
| Grizzly Short Fund | 1.61% | — | Jun 2000 | SOPIX vs GRZZX | |
| ProFunds Bear Fund | 1.64% | — | Dec 1997 | SOPIX vs BRPIX |
Best Risk-Adjusted Alternatives to SOPIX
SOPIX has a PortfoliosLab risk / return rank of 1. There are 6 mutual funds in the Inverse Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 94 | — | Oct 1985 | SOPIX vs DRCVX | |
| ProFunds UltraShort China | 7 | — | Feb 2008 | SOPIX vs UHPIX | |
| Grizzly Short Fund | 2 | — | Jun 2000 | SOPIX vs GRZZX | |
| PIMCO StocksPLUS Short Fund | 1 | — | Jul 2003 | SOPIX vs PSTIX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | 1 | — | Sep 1998 | SOPIX vs RYAIX |
Top Performing SOPIX Alternatives (YTD)
SOPIX is at -9.87% YTD. There are 8 mutual funds in the Inverse Equities category with higher YTD returns, going as high as 25.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraShort China | 25.12% | — | Feb 2008 | SOPIX vs UHPIX | |
| Comstock Capital Value Fund | 3.17% | — | Oct 1985 | SOPIX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | -5.26% | — | Jul 2003 | SOPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | -6.06% | — | Jan 1994 | SOPIX vs RYURX | |
| Federated Hermes Prudent Bear Fd | -6.07% | — | Dec 1995 | SOPIX vs BEARX |
Lowest Volatility Alternatives to SOPIX
SOPIX has 19.30% 1-year volatility. There are 7 mutual funds in the Inverse Equities category with lower 1-year volatility, going as low as 2.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 2.81% | — | Oct 1985 | SOPIX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | 12.47% | — | Jul 2003 | SOPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 12.78% | — | Jan 1994 | SOPIX vs RYURX | |
| Federated Hermes Prudent Bear Fd | 12.86% | — | Dec 1995 | SOPIX vs BEARX | |
| ProFunds Bear Fund | 12.90% | — | Dec 1997 | SOPIX vs BRPIX |
Lowest Drawdown Alternatives to SOPIX
SOPIX has a 1-year max drawdown of -24.87%. There are 7 mutual funds in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -0.89%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | -0.89% | — | Oct 1985 | SOPIX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | -15.05% | — | Jul 2003 | SOPIX vs PSTIX | |
| Grizzly Short Fund | -16.03% | — | Jun 2000 | SOPIX vs GRZZX | |
| Rydex Inverse S&P 500 Strategy Fund | -16.08% | — | Jan 1994 | SOPIX vs RYURX | |
| ProFunds Bear Fund | -16.15% | — | Dec 1997 | SOPIX vs BRPIX |
Other Mutual Funds from ProFunds
The 10 most viewed ProFunds mutual funds shown here include SMPIX, BTCFX, UOPIX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProFunds Semiconductor UltraSector Fund Investor C... | Leveraged Equities, Semiconductors, Technology Equities | 46 | 39.91% | — | Jun 2000 | SOPIX vs SMPIX | |
| Bitcoin ProFund Investor Class | Cryptocurrency | 0 | -27.35% | — | Jul 2021 | SOPIX vs BTCFX | |
| ProFunds UltraNASDAQ-100 Fund | Leveraged Equities | 28 | 17.10% | — | Nov 1997 | SOPIX vs UOPIX | |
| ProFunds UltraBull Fund | Leveraged Equities | 40 | 14.19% | — | Nov 1997 | SOPIX vs ULPIX | |
| ProFunds Technology UltraSector Fund | Leveraged Equities | 40 | 29.95% | — | Jun 2000 | SOPIX vs TEPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 26 | -20.67% | — | Jun 2002 | SOPIX vs PMPIX | |
| ProFunds Biotechnology UltraSector Fund | Leveraged Equities | 94 | 33.52% | — | Jun 2000 | SOPIX vs BIPIX | |
| ProFunds UltraSector Oil & Gas Fund | Leveraged Equities | 63 | 48.84% | — | Jun 2000 | SOPIX vs ENPIX | |
| ProFunds UltraJapan Fund | Leveraged Equities | 88 | 51.04% | — | Feb 2000 | SOPIX vs UJPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 31 | 10.39% | — | Aug 2000 | SOPIX vs OTPIX |
Often Compared With SOPIX
Investors most often compare SOPIX with FXAIX, VOO, SPY. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare SOPIX with Any Fund or Stock
Compare SOPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SOPIX with funds that move differently
ProFunds Short NASDAQ-100 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SOPIX.
Explore SOPIX Diversifiers