ProFunds UltraShort China (UHPIX) 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 UHPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UHPIX
UHPIX 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 | UHPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 1.49% | — | Jan 1994 | UHPIX vs RYURX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | 1.55% | — | Sep 1998 | UHPIX vs RYAIX | |
| Grizzly Short Fund | 1.61% | — | Jun 2000 | UHPIX vs GRZZX | |
| ProFunds Bear Fund | 1.64% | — | Dec 1997 | UHPIX vs BRPIX |
Best Risk-Adjusted Alternatives to UHPIX
UHPIX has a PortfoliosLab risk / return rank of 5. There is 1 mutual fund in the Inverse Equities category with a higher risk-adjusted rank, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 97 | — | Oct 1985 | UHPIX vs DRCVX | |
| Grizzly Short Fund | 1 | — | Jun 2000 | UHPIX vs GRZZX | |
| Rydex Inverse Emerging Markets 2x Strategy Fund | 1 | — | Oct 2010 | UHPIX vs RYWWX | |
| ProFunds Ultra Short Emerging Market Fund | 1 | — | Apr 2006 | UHPIX vs UVPIX | |
| PIMCO StocksPLUS Short Fund | 0 | — | Jul 2003 | UHPIX vs PSTIX |
Top Performing UHPIX Alternatives (YTD)
UHPIX is at 51.66% YTD. No mutual funds in the Inverse Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 3.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 3.17% | — | Oct 1985 | UHPIX vs DRCVX | |
| Grizzly Short Fund | -5.08% | — | Jun 2000 | UHPIX vs GRZZX | |
| PIMCO StocksPLUS Short Fund | -6.03% | — | Jul 2003 | UHPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | -7.00% | — | Jan 1994 | UHPIX vs RYURX | |
| ProFunds Bear Fund | -7.24% | — | Dec 1997 | UHPIX vs BRPIX |
Lowest Volatility Alternatives to UHPIX
UHPIX has 52.67% 1-year volatility. There are 25 mutual funds in the Inverse Equities category with lower 1-year volatility, going as low as 2.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 2.93% | — | Oct 1985 | UHPIX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | 12.13% | — | Jul 2003 | UHPIX vs PSTIX | |
| Federated Hermes Prudent Bear Fd | 12.28% | — | Dec 1995 | UHPIX vs BEARX | |
| Rydex Inverse S&P 500 Strategy Fund | 12.43% | — | Jan 1994 | UHPIX vs RYURX | |
| ProFunds Bear Fund | 12.56% | — | Dec 1997 | UHPIX vs BRPIX |
Lowest Drawdown Alternatives to UHPIX
UHPIX has a 1-year max drawdown of -44.95%. There are 19 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 | UHPIX vs DRCVX | |
| Grizzly Short Fund | -13.89% | — | Jun 2000 | UHPIX vs GRZZX | |
| PIMCO StocksPLUS Short Fund | -15.05% | — | Jul 2003 | UHPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | -16.51% | — | Jan 1994 | UHPIX vs RYURX | |
| ProFunds Bear Fund | -17.00% | — | Dec 1997 | UHPIX 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 | 89 | 80.13% | — | Jun 2000 | UHPIX vs SMPIX | |
| Bitcoin ProFund Investor | Cryptocurrency | 1 | -27.61% | — | Jul 2021 | UHPIX vs BTCFX | |
| ProFunds UltraNASDAQ-100 Fund | Leveraged Equities | 64 | 38.26% | — | Nov 1997 | UHPIX vs UOPIX | |
| ProFunds UltraBull Fund | Leveraged Equities | 51 | 16.02% | — | Nov 1997 | UHPIX vs ULPIX | |
| ProFunds Technology UltraSector Fund | Leveraged Equities | 73 | 49.95% | — | Jun 2000 | UHPIX vs TEPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 19 | -10.99% | — | Jun 2002 | UHPIX vs PMPIX | |
| ProFunds Biotechnology UltraSector Fund | Leveraged Equities | 89 | 26.92% | — | Jun 2000 | UHPIX vs BIPIX | |
| ProFunds UltraSector Oil & Gas Fund | Leveraged Equities | 18 | 31.64% | — | Jun 2000 | UHPIX vs ENPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 62 | 19.41% | — | Aug 2000 | UHPIX vs OTPIX | |
| ProFunds UltraJapan Fund | Leveraged Equities | 96 | 101.57% | — | Feb 2000 | UHPIX vs UJPIX |
Often Compared With UHPIX
Investors most often compare UHPIX with URPIX, RYTPX, UWPIX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare UHPIX with Any Fund or Stock
Compare UHPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UHPIX with funds that move differently
ProFunds UltraShort China alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UHPIX.
Explore UHPIX Diversifiers