BIPIX vs. SCHB
Compare and contrast key facts about ProFunds Biotechnology UltraSector Fund (BIPIX) and Schwab U.S. Broad Market ETF (SCHB).
BIPIX is managed by ProFunds. It was launched on Jun 18, 2000. SCHB is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Broad Stock Market Total Return Index. It was launched on Nov 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIPIX or SCHB.
Correlation
The correlation between BIPIX and SCHB is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BIPIX vs. SCHB - Performance Comparison
Key characteristics
BIPIX:
-0.62
SCHB:
1.66
BIPIX:
-0.61
SCHB:
2.24
BIPIX:
0.91
SCHB:
1.31
BIPIX:
-0.52
SCHB:
2.54
BIPIX:
-1.39
SCHB:
10.03
BIPIX:
19.87%
SCHB:
2.16%
BIPIX:
44.31%
SCHB:
13.08%
BIPIX:
-84.51%
SCHB:
-35.27%
BIPIX:
-48.86%
SCHB:
-2.40%
Returns By Period
In the year-to-date period, BIPIX achieves a 1.73% return, which is significantly lower than SCHB's 2.11% return. Over the past 10 years, BIPIX has underperformed SCHB with an annualized return of -3.92%, while SCHB has yielded a comparatively higher 12.41% annualized return.
BIPIX
1.73%
0.22%
-34.97%
-29.65%
-6.29%
-3.92%
SCHB
2.11%
-1.53%
7.37%
19.26%
13.53%
12.41%
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BIPIX vs. SCHB - Expense Ratio Comparison
BIPIX has a 1.49% expense ratio, which is higher than SCHB's 0.03% expense ratio.
Risk-Adjusted Performance
BIPIX vs. SCHB — Risk-Adjusted Performance Rank
BIPIX
SCHB
BIPIX vs. SCHB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Biotechnology UltraSector Fund (BIPIX) and Schwab U.S. Broad Market ETF (SCHB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BIPIX vs. SCHB - Dividend Comparison
BIPIX's dividend yield for the trailing twelve months is around 0.23%, less than SCHB's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIPIX ProFunds Biotechnology UltraSector Fund | 0.23% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHB Schwab U.S. Broad Market ETF | 1.22% | 1.24% | 1.40% | 1.61% | 1.21% | 1.63% | 1.80% | 2.13% | 1.65% | 1.86% | 2.00% | 1.72% |
Drawdowns
BIPIX vs. SCHB - Drawdown Comparison
The maximum BIPIX drawdown since its inception was -84.51%, which is greater than SCHB's maximum drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for BIPIX and SCHB. For additional features, visit the drawdowns tool.
Volatility
BIPIX vs. SCHB - Volatility Comparison
ProFunds Biotechnology UltraSector Fund (BIPIX) has a higher volatility of 8.66% compared to Schwab U.S. Broad Market ETF (SCHB) at 3.49%. This indicates that BIPIX's price experiences larger fluctuations and is considered to be riskier than SCHB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.