ProFunds UltraShort Dow 30 Fund (UWPIX) 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 UWPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UWPIX
UWPIX 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 | UWPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 1.49% | — | Jan 1994 | UWPIX vs RYURX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | 1.55% | — | Sep 1998 | UWPIX vs RYAIX | |
| Grizzly Short Fund | 1.61% | — | Jun 2000 | UWPIX vs GRZZX | |
| ProFunds Bear Fund | 1.64% | — | Dec 1997 | UWPIX vs BRPIX |
Best Risk-Adjusted Alternatives to UWPIX
UWPIX has a PortfoliosLab risk / return rank of 0. There are 10 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 | UWPIX vs DRCVX | |
| ProFunds UltraShort China | 5 | — | Feb 2008 | UWPIX vs UHPIX | |
| Grizzly Short Fund | 1 | — | Jun 2000 | UWPIX vs GRZZX | |
| Rydex Inverse Emerging Markets 2x Strategy Fund | 1 | — | Oct 2010 | UWPIX vs RYWWX | |
| ProFunds Ultra Short Emerging Market Fund | 1 | — | Apr 2006 | UWPIX vs UVPIX |
Top Performing UWPIX Alternatives (YTD)
UWPIX is at -13.66% YTD. There are 9 mutual funds in the Inverse Equities category with higher YTD returns, going as high as 51.66%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraShort China | 51.66% | — | Feb 2008 | UWPIX vs UHPIX | |
| Comstock Capital Value Fund | 3.17% | — | Oct 1985 | UWPIX vs DRCVX | |
| Grizzly Short Fund | -5.08% | — | Jun 2000 | UWPIX vs GRZZX | |
| PIMCO StocksPLUS Short Fund | -6.03% | — | Jul 2003 | UWPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | -7.00% | — | Jan 1994 | UWPIX vs RYURX |
Lowest Volatility Alternatives to UWPIX
UWPIX has 25.03% 1-year volatility. There are 13 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 | UWPIX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | 12.13% | — | Jul 2003 | UWPIX vs PSTIX | |
| Federated Hermes Prudent Bear Fd | 12.28% | — | Dec 1995 | UWPIX vs BEARX | |
| Rydex Inverse S&P 500 Strategy Fund | 12.43% | — | Jan 1994 | UWPIX vs RYURX | |
| ProFunds Bear Fund | 12.56% | — | Dec 1997 | UWPIX vs BRPIX |
Lowest Drawdown Alternatives to UWPIX
UWPIX has a 1-year max drawdown of -30.15%. There are 11 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 | UWPIX vs DRCVX | |
| Grizzly Short Fund | -13.89% | — | Jun 2000 | UWPIX vs GRZZX | |
| PIMCO StocksPLUS Short Fund | -15.05% | — | Jul 2003 | UWPIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | -16.51% | — | Jan 1994 | UWPIX vs RYURX | |
| ProFunds Bear Fund | -17.00% | — | Dec 1997 | UWPIX 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 | UWPIX vs SMPIX | |
| Bitcoin ProFund Investor | Cryptocurrency | 1 | -27.61% | — | Jul 2021 | UWPIX vs BTCFX | |
| ProFunds UltraNASDAQ-100 Fund | Leveraged Equities | 64 | 38.26% | — | Nov 1997 | UWPIX vs UOPIX | |
| ProFunds UltraBull Fund | Leveraged Equities | 51 | 16.02% | — | Nov 1997 | UWPIX vs ULPIX | |
| ProFunds Technology UltraSector Fund | Leveraged Equities | 73 | 49.95% | — | Jun 2000 | UWPIX vs TEPIX | |
| ProFunds Precious Metals UltraSector Fund | Leveraged Equities | 19 | -10.99% | — | Jun 2002 | UWPIX vs PMPIX | |
| ProFunds Biotechnology UltraSector Fund | Leveraged Equities | 89 | 26.92% | — | Jun 2000 | UWPIX vs BIPIX | |
| ProFunds UltraSector Oil & Gas Fund | Leveraged Equities | 18 | 31.64% | — | Jun 2000 | UWPIX vs ENPIX | |
| ProFunds NASDAQ-100 Fund | Large Cap Growth Equities | 62 | 19.41% | — | Aug 2000 | UWPIX vs OTPIX | |
| ProFunds UltraJapan Fund | Leveraged Equities | 96 | 101.57% | — | Feb 2000 | UWPIX vs UJPIX |
Often Compared With UWPIX
Investors most often compare UWPIX with DJIA, URPIX, SPY. These 18 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare UWPIX with Any Fund or Stock
Compare UWPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UWPIX with funds that move differently
ProFunds UltraShort Dow 30 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UWPIX.
Explore UWPIX Diversifiers