BIPIX vs. UGPIX
BIPIX (ProFunds Biotechnology UltraSector Fund) and UGPIX (ProFunds UltraChina) are both Leveraged Equities funds from ProFunds. Over the past 10 years, BIPIX returned 8.18%/yr vs 7.63%/yr for UGPIX. Their 0.12 correlation means their historical movements had little consistent relationship. BIPIX charges 1.49%/yr vs 1.74%/yr for UGPIX.
Performance
BIPIX vs. UGPIX - Performance Comparison
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Returns By Period
In the year-to-date period, BIPIX achieves a 33.52% return, which is significantly higher than UGPIX's -32.30% return. Over the past 10 years, BIPIX has outperformed UGPIX with an annualized return of 8.18%, while UGPIX has yielded a comparatively lower 7.63% annualized return.
BIPIX
- 1D
- 3.64%
- 1M
- -8.66%
- 6M
- 29.72%
- YTD
- 33.52%
- 1Y
- 122.13%
- 3Y*
- 15.54%
- 5Y*
- 2.69%
- 10Y*
- 8.18%
- ALL TIME*
- 6.92%
UGPIX
- 1D
- 1.36%
- 1M
- 19.83%
- 6M
- -35.18%
- YTD
- -32.30%
- 1Y
- -24.92%
- 3Y*
- -18.59%
- 5Y*
- 10.33%
- 10Y*
- 7.63%
- ALL TIME*
- -1.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
UGPIX ProFunds UltraChina | $0.00 | $0.00 | $0.00 |
BIPIX vs. UGPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIPIX ProFunds Biotechnology UltraSector Fund | 33.52% | 47.99% | -25.91% | 9.55% | -13.43% | 5.00% | 19.94% | 23.65% | -12.15% | 34.71% |
UGPIX ProFunds UltraChina | -32.30% | 36.28% | -21.79% | 785.09% | -53.03% | -73.86% | 76.47% | 40.07% | -46.51% | 105.73% |
Correlation
The correlation between BIPIX and UGPIX is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.32 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.35 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.39 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2000 | 0.12 |
The correlation between BIPIX and UGPIX shifts across timeframes, from 0.12 (all time) to 0.39 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
BIPIX vs. UGPIX — Risk / Return Rank
BIPIX
UGPIX
BIPIX vs. UGPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Biotechnology UltraSector Fund (BIPIX) and ProFunds UltraChina (UGPIX). 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.
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.
| BIPIX | UGPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.52 | ||
| Sortino ratioReturn per unit of downside risk | +4.01 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 0.95 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 8.00 | -0.41 | +8.41 |
| Martin ratioReturn relative to average drawdown | 21.22 | -0.73 | +21.95 |
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Drawdowns
BIPIX vs. UGPIX - Drawdown Comparison
The maximum BIPIX drawdown since its inception was -84.51%, smaller than the maximum UGPIX drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for BIPIX and UGPIX.
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Drawdown Indicators
| BIPIX | UGPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.51% | -98.56% | +14.05% |
Max Drawdown (1Y)Largest decline over 1 year | -15.15% | -65.51% | +50.36% |
Max Drawdown (3Y)Largest decline over 3 years | -59.50% | -65.51% | +6.01% |
Max Drawdown (5Y)Largest decline over 5 years | -63.86% | -88.22% | +24.36% |
Max Drawdown (10Y)Largest decline over 10 years | -63.86% | -96.22% | +32.36% |
Current DrawdownCurrent decline from peak | -11.67% | -80.75% | +69.08% |
Average DrawdownAverage peak-to-trough decline | -37.04% | -79.77% | +42.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.70% | 36.83% | -31.13% |
Volatility
BIPIX vs. UGPIX - Volatility Comparison
The current volatility for ProFunds Biotechnology UltraSector Fund (BIPIX) is 11.92%, while ProFunds UltraChina (UGPIX) has a volatility of 13.99%. This indicates that BIPIX experiences smaller price fluctuations and is considered to be less risky than UGPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIPIX | UGPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.92% | 13.99% | -2.07% |
Volatility (6M)Calculated over the trailing 6-month period | 31.90% | 37.67% | -5.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.21% | 53.08% | -12.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.38% | 387.93% | -347.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.54% | 276.46% | -239.92% |
BIPIX vs. UGPIX - Expense Ratio Comparison
BIPIX has a 1.49% expense ratio, which is lower than UGPIX's 1.74% expense ratio.
Dividends
BIPIX vs. UGPIX - Dividend Comparison
BIPIX's dividend yield for the trailing twelve months is around 0.27%, less than UGPIX's 8.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BIPIX ProFunds Biotechnology UltraSector Fund | 0.27% | 0.37% | 0.23% | 6.69% | 0.00% | 0.79% | 12.09% | 3.26% | 5.52% | 7.19% |
UGPIX ProFunds UltraChina | 8.93% | 6.05% | 2.91% | 3.25% | 0.00% | 0.00% | 0.00% | 0.08% | 0.00% | 0.77% |
Frequently Asked Questions
BIPIX and UGPIX have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UGPIX has higher volatility (13.99%) compared to BIPIX (11.92%). In terms of maximum drawdown, BIPIX dropped -84.51% vs UGPIX's -98.56%.
BIPIX currently has the higher Sharpe Ratio (3.01 vs -0.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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