ProFunds UltraShort Latin America Fund (UFPIX) 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 UFPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UFPIX
UFPIX 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 | UFPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 1.49% | — | Jan 1994 | UFPIX vs RYURX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | 1.55% | — | Sep 1998 | UFPIX vs RYAIX | |
| Grizzly Short Fund | 1.61% | — | Jun 2000 | UFPIX vs GRZZX | |
| ProFunds Bear Fund | 1.64% | — | Dec 1997 | UFPIX vs BRPIX |
Best Risk-Adjusted Alternatives to UFPIX
UFPIX has a PortfoliosLab risk / return rank of 0. There are 14 mutual funds in the Inverse Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 97 | — | Oct 1985 | UFPIX vs DRCVX | |
| ProFunds UltraShort China | 2 | — | Feb 2008 | UFPIX vs UHPIX | |
| Grizzly Short Fund | 1 | — | Jun 2000 | UFPIX vs GRZZX | |
| ProFunds Ultra Short Emerging Market Fund | 0 | — | Apr 2006 | UFPIX vs UVPIX | |
| Rydex Inverse Emerging Markets 2x Strategy Fund | 0 | — | Oct 2010 | UFPIX vs RYWWX |
Top Performing UFPIX Alternatives (YTD)
UFPIX is at -33.93% YTD. There are 24 mutual funds in the Inverse Equities category with higher YTD returns, going as high as 23.70%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraShort China | 23.70% | — | Feb 2008 | UFPIX vs UHPIX | |
| Comstock Capital Value Fund | 3.17% | — | Oct 1985 | UFPIX vs DRCVX | |
| Grizzly Short Fund | -6.80% | — | Jun 2000 | UFPIX vs GRZZX | |
| PIMCO StocksPLUS Short Fund | -8.07% | — | Jul 2003 | UFPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | -8.61% | — | Jan 1994 | UFPIX vs RYURX |
Lowest Volatility Alternatives to UFPIX
UFPIX has 40.29% 1-year volatility. There are 21 mutual funds in the Inverse Equities category with lower 1-year volatility, going as low as 3.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 3.02% | — | Oct 1985 | UFPIX vs DRCVX | |
| Federated Hermes Prudent Bear Fd | 11.34% | — | Dec 1995 | UFPIX vs BEARX | |
| PIMCO StocksPLUS Short Fund | 11.58% | — | Jul 2003 | UFPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 11.81% | — | Jan 1994 | UFPIX vs RYURX | |
| ProFunds Bear Fund | 11.96% | — | Dec 1997 | UFPIX vs BRPIX |
Lowest Drawdown Alternatives to UFPIX
UFPIX has a 1-year max drawdown of -64.09%. There are 24 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 | UFPIX vs DRCVX | |
| Grizzly Short Fund | -13.89% | — | Jun 2000 | UFPIX vs GRZZX | |
| PIMCO StocksPLUS Short Fund | -15.41% | — | Jul 2003 | UFPIX vs PSTIX | |
| Rydex Inverse Mid-Cap Strategy Fund | -16.02% | — | Feb 2004 | UFPIX vs RYCLX | |
| Rydex Inverse S&P 500 Strategy Fund | -18.25% | — | Jan 1994 | UFPIX vs RYURX |
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 | UFPIX vs SMPIX | |
| Bitcoin ProFund Investor | Cryptocurrency | 1 | -19.48% | — | Jul 2021 | UFPIX vs BTCFX | |
| ProFunds UltraNASDAQ-100 Fund | Leveraged Equities | 70 | 41.08% | — | Nov 1997 | UFPIX vs UOPIX | |
| ProFunds UltraBull Fund | Leveraged Equities | 62 | 20.47% | — | Nov 1997 | UFPIX vs ULPIX | |
| ProFunds Technology UltraSector Fund | Leveraged Equities | 84 | 54.92% | — | Jun 2000 | UFPIX vs TEPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 35 | 0.25% | — | Jun 2002 | UFPIX vs PMPIX | |
| ProFunds Biotechnology UltraSector Fund | Leveraged Equities | 81 | 11.63% | — | Jun 2000 | UFPIX vs BIPIX | |
| ProFunds UltraSector Oil & Gas Fund | Leveraged Equities | 50 | 42.53% | — | Jun 2000 | UFPIX vs ENPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 68 | 20.16% | — | Aug 2000 | UFPIX vs OTPIX | |
| ProFunds Bull Investor Fund | Leveraged Equities | 63 | 10.74% | — | Nov 1997 | UFPIX vs BLPIX |
Often Compared With UFPIX
Investors most often compare UFPIX with UXPIX, RYCZX, UWPIX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProFunds Ultra Short International Fund | Inverse Equities | 0 | -16.20% | — | Apr 2006 | UFPIX vs UXPIX | |
| Rydex Inverse Dow 2x Strategy Fund | Inverse Equities | 0 | -11.83% | — | Feb 2004 | UFPIX vs RYCZX | |
| ProFunds UltraShort Dow 30 Fund | Inverse Equities | 0 | -11.29% | — | Jul 2004 | UFPIX vs UWPIX | |
| ProFunds UltraShort Mid Cap Fund | Inverse Equities | 0 | -21.74% | — | Jan 2004 | UFPIX vs UIPIX |
Compare UFPIX with Any Fund or Stock
Compare UFPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UFPIX with funds that move differently
ProFunds UltraShort Latin America Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UFPIX.
Explore UFPIX Diversifiers