- ISIN
- US7431858031
- CUSIP
- 743185803
- Issuer
- ProFunds
- Inception Date
- Nov 25, 1997
- Category
- Leveraged Equities
- Min. Investment
- $15,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
ULPIX Performance Chart
ProFunds UltraBull Fund (ULPIX) is up 16.9% since the beginning of the year. ULPIX is currently trading at $184 per share. Investors who bought $1,000 worth of ULPIX shares 5 years ago would now be looking at an investment worth $2,335.
Loading charts...
Returns By Period
ProFunds UltraBull Fund (ULPIX) has returned 16.93% so far this year and 49.75% over the past 12 months. Looking at the last ten years, ULPIX has achieved an annualized return of 22.73%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
ProFunds UltraBull Fund
- 1D
- 2.14%
- 1M
- 0.26%
- YTD
- 16.93%
- 6M
- 15.69%
- 1Y
- 49.75%
- 3Y*
- 31.92%
- 5Y*
- 18.48%
- 10Y*
- 22.73%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
ULPIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1998, ULPIX's average daily return is +0.07%, while the average monthly return is +1.17%. At this rate, an investment would double in approximately 5.0 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2020 with a return of +25.0%, while the worst month was Oct 2008 at -34.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, ULPIX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +22.9%, while the worst single day was Mar 12, 2020 at -27.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.33% | -2.14% | -10.43% | 21.31% | 10.18% | -2.46% | 16.93% | ||||||
| 2025 | 4.82% | -3.25% | -11.83% | -3.90% | 12.11% | 9.74% | 3.96% | 3.41% | 6.77% | 4.04% | -0.26% | -0.36% | 25.47% |
| 2024 | 2.52% | 10.09% | 5.85% | -8.75% | 9.39% | 6.62% | 0.86% | 3.85% | 3.47% | -2.53% | 11.32% | -7.68% | 38.03% |
| 2023 | 12.06% | -5.53% | 6.51% | 2.50% | 0.08% | 12.78% | 5.83% | -3.93% | -9.91% | -4.96% | 18.12% | 8.54% | 45.59% |
| 2022 | -10.54% | -6.41% | 6.86% | -17.23% | -0.64% | -16.71% | 18.57% | -8.72% | -18.35% | 15.59% | 10.26% | -11.85% | -39.16% |
| 2021 | -2.37% | 5.22% | 8.52% | 10.63% | 1.05% | 4.44% | 4.53% | 5.91% | -9.37% | 14.16% | -1.75% | 8.72% | 59.28% |
Benchmark Metrics
ProFunds UltraBull Fund has an annualized alpha of -1.38%, beta of 1.97, and R2 of 0.98 versus S&P 500 Index. Calculated based on daily prices since January 02, 1998.
- This fund captured 230.81% of S&P 500 Index gains and 170.88% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- Beta of 1.97 means this fund moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.
- Alpha
- -1.38%
- Beta
- 1.97
- R²
- 0.98
- Upside Capture
- 230.81%
- Downside Capture
- 170.88%
Expense Ratio
ULPIX has a high expense ratio of 1.46%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
ULPIX ranks 51 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ProFunds UltraBull Fund (ULPIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ULPIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.37 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | 2.78 | -0.09 |
| Martin ratioReturn relative to average drawdown | 11.49 | 12.44 | -0.95 |
Dividends
Dividend History
ProFunds UltraBull Fund provided a 7.79% dividend yield over the last twelve months, with an annual payout of $14.33 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $14.33 | $14.33 | $0.00 | $0.02 | $7.07 | $6.97 | $10.58 | $0.33 | $0.28 |
Dividend yield | 7.79% | 9.11% | 0.00% | 0.02% | 10.36% | 5.62% | 12.74% | 0.42% | 0.58% |
Monthly Dividends
The table displays the monthly dividend distributions for ProFunds UltraBull Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.06 | $0.00 | $0.00 | $12.26 | $14.33 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $7.07 | $7.07 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.97 | $0.00 | $0.00 | $0.00 | $6.97 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the ProFunds UltraBull Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProFunds UltraBull Fund was 89.68%, occurring on Mar 9, 2009. Recovery took 1953 trading sessions.
The current ProFunds UltraBull Fund drawdown is 3.18%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -89.68%Mar 2009 | 8y 11mo | 7y 9mo | 16y 8moMar 2000 - Dec 2016 |
COVID crash2020 | -59.41%Mar 2020 | 1mo 2d | 7mo 28d | 9moFeb 2020 - Nov 2020 |
Bear market2022 | -46.92%Oct 2022 | 9mo 11d | 1y 4mo | 2y 1moJan 2022 - Mar 2024 |
1998 bear market1998 | -36.97%Oct 1998 | 2mo 19d | 2mo 16d | 5mo 5dJul 1998 - Dec 1998 |
2025 selloff2025 | -36.59%Apr 2025 | 4mo | 3mo 16d | 7mo 16dDec 2024 - Jul 2025 |
Drawdown Indicators
| ULPIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.68% | -56.78% | -32.90% |
Max Drawdown (1Y)Largest decline over 1 year | -18.30% | -9.10% | -9.20% |
Max Drawdown (3Y)Largest decline over 3 years | -36.59% | -18.90% | -17.69% |
Max Drawdown (5Y)Largest decline over 5 years | -46.92% | -25.43% | -21.49% |
Max Drawdown (10Y)Largest decline over 10 years | -59.41% | -33.92% | -25.49% |
Current DrawdownCurrent decline from peak | -3.18% | -1.80% | -1.38% |
Average DrawdownAverage peak-to-trough decline | -33.78% | -10.71% | -23.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.28% | 2.03% | +2.25% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with ULPIX
Add ProFunds UltraBull Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with ULPIX