ProFunds UltraMid Cap Fund (UMPIX) belongs to the Leveraged Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with UMPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UMPIX
UMPIX charges 1.51% annually. There are 14 mutual funds in the Leveraged Equities category with lower expense ratios, going as low as 1.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly NASDAQ-100 Bull 1.25X Fund | 1.19% | — | Mar 2016 | UMPIX vs DXNLX | |
| Rydex Nova Fund | 1.23% | — | Jul 1993 | UMPIX vs RYNVX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | 1.27% | — | Nov 2014 | UMPIX vs RMQHX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 1.32% | — | Nov 2014 | UMPIX vs RMQAX | |
| Direxion Monthly Small Cap Bull 1.75X Fund | 1.35% | — | Feb 1999 | UMPIX vs DXRLX |
Best Risk-Adjusted Alternatives to UMPIX
UMPIX has a PortfoliosLab risk / return rank of 28. There are 25 mutual funds in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 94 | — | Feb 2000 | UMPIX vs UJPIX | |
| ProFunds Biotechnology UltraSector Fund | 94 | — | Jun 2000 | UMPIX vs BIPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | 92 | — | Jun 2000 | UMPIX vs PHPIX | |
| Rydex Japan 2x Strategy Fund | 78 | — | Feb 2008 | UMPIX vs RYJSX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 77 | — | Jun 2000 | UMPIX vs SMPIX |
Top Performing UMPIX Alternatives (YTD)
UMPIX is at 26.53% YTD. There are 17 mutual funds in the Leveraged Equities category with higher YTD returns, going as high as 79.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 79.44% | — | Feb 2000 | UMPIX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 64.41% | — | Jun 2000 | UMPIX vs SMPIX | |
| Rydex Japan 2x Strategy Fund | 62.03% | — | Feb 2008 | UMPIX vs RYJSX | |
| ProFunds Biotechnology UltraSector Fund | 43.97% | — | Jun 2000 | UMPIX vs BIPIX | |
| ProFunds Technology UltraSector Fund | 41.97% | — | Jun 2000 | UMPIX vs TEPIX |
Lowest Volatility Alternatives to UMPIX
UMPIX has 31.54% 1-year volatility. There are 22 mutual funds in the Leveraged Equities category with lower 1-year volatility, going as low as 12.52%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | 12.52% | — | Nov 1997 | UMPIX vs BLPIX | |
| Rydex Nova Fund | 18.81% | — | Jul 1993 | UMPIX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | 20.03% | — | Jan 2004 | UMPIX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | 20.23% | — | May 2000 | UMPIX vs RYEUX | |
| Communication Services UltraSector ProFund | 20.63% | — | Jun 2000 | UMPIX vs WCPIX |
Lowest Drawdown Alternatives to UMPIX
UMPIX has a 1-year max drawdown of -17.70%. There are 13 mutual funds in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -9.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | -9.21% | — | Nov 1997 | UMPIX vs BLPIX | |
| ProFunds Real Estate UltraSector Fund | -12.68% | — | Jun 2000 | UMPIX vs REPIX | |
| Rydex Mid-Cap 1.5x Strategy Fund | -13.50% | — | Aug 2001 | UMPIX vs RYMDX | |
| Rydex Nova Fund | -13.84% | — | Jul 1993 | UMPIX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | -14.47% | — | Jan 2004 | UMPIX vs CNPIX |
Other Mutual Funds from ProFunds
The 10 most viewed ProFunds mutual funds shown here include BTCFX, UOPIX, ULPIX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Bitcoin ProFund Investor Class | Cryptocurrency | 0 | -28.27% | — | Jul 2021 | UMPIX vs BTCFX | |
| ProFunds UltraNASDAQ-100 Fund | Leveraged Equities | 47 | 32.77% | — | Nov 1997 | UMPIX vs UOPIX | |
| ProFunds UltraBull Fund | Leveraged Equities | 46 | 18.89% | — | Nov 1997 | UMPIX vs ULPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 19 | -21.55% | — | Jun 2002 | UMPIX vs PMPIX | |
| ProFunds UltraSector Oil & Gas Fund | Leveraged Equities | 27 | 34.95% | — | Jun 2000 | UMPIX vs ENPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 49 | 17.26% | — | Aug 2000 | UMPIX vs OTPIX | |
| ProFunds Ultra International Fund | Leveraged Equities | 23 | 15.08% | — | Apr 2006 | UMPIX vs UNPIX | |
| ProFunds Internet UltraSector Fund | Leveraged Equities | 4 | 1.29% | — | Jun 2000 | UMPIX vs INPIX | |
| ProFunds Financials UltraSector Fund | Leveraged Equities | 5 | 0.83% | — | Jun 2000 | UMPIX vs FNPIX | |
| ProFunds Ultra Dow 30 ProFund | Leveraged Equities | 35 | 16.98% | — | Jun 2002 | UMPIX vs UDPIX |
Often Compared With UMPIX
Investors most often compare UMPIX with XMMO, USPIX, UGPIX. These 10 comparison targets span 5 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 50 | 14.98% | 7.45B | Mar 2005 | UMPIX vs XMMO | |
| ProFunds UltraShort NASDAQ-100 Fund | Inverse Equities | 0 | -30.25% | — | Jun 1998 | UMPIX vs USPIX | |
| ProFunds UltraChina | Leveraged Equities | 1 | -37.93% | — | Feb 2008 | UMPIX vs UGPIX | |
| ProFunds Basic Materials UltraSector Fund | Leveraged Equities | 10 | 16.98% | — | Sep 2001 | UMPIX vs BMPIX | |
| ProFunds UltraLatin America Fund | Leveraged Equities | 74 | 34.38% | — | Oct 2007 | UMPIX vs UBPIX | |
| ProFunds Utilities UltraSector Fund | Leveraged Equities | 12 | 8.48% | — | Jul 2000 | UMPIX vs UTPIX | |
| Direxion Monthly S&P 500 Bull 1.75X Fund | Leveraged Equities, S&P 500 | 45 | 16.23% | — | May 2006 | UMPIX vs DXSLX | |
| ProFunds UltraBear Fund | Inverse Equities | 0 | -17.52% | — | Dec 1997 | UMPIX vs URPIX | |
| ProFunds UltraSmall Cap Fund | Leveraged Equities | 54 | 38.37% | — | Feb 2000 | UMPIX vs UAPIX | |
| Rydex Russell 2000 2x Strategy Fund | Leveraged Equities | 52 | 37.96% | — | May 2006 | UMPIX vs RYRUX |
Compare UMPIX with Any Fund or Stock
Compare UMPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UMPIX with funds that move differently
ProFunds UltraMid Cap Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UMPIX.
Explore UMPIX Diversifiers