BIPIX vs. UIPIX
BIPIX (ProFunds Biotechnology UltraSector Fund) and UIPIX (ProFunds UltraShort Mid Cap Fund) are both mutual funds - BIPIX is a Leveraged Equities fund managed by ProFunds, while UIPIX is a Inverse Equities fund managed by ProFunds. Over the past 10 years, BIPIX returned 8.18%/yr vs -6.07%/yr for UIPIX. Their -0.62 correlation means they have often moved in opposite directions in the past. BIPIX charges 1.49%/yr vs 1.78%/yr for UIPIX.
Performance
BIPIX vs. UIPIX - 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 UIPIX's -23.40% return. Over the past 10 years, BIPIX has outperformed UIPIX with an annualized return of 8.18%, while UIPIX has yielded a comparatively lower -6.07% 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%
UIPIX
- 1D
- -1.61%
- 1M
- 2.33%
- 6M
- -17.33%
- YTD
- -23.40%
- 1Y
- -32.28%
- 3Y*
- -20.60%
- 5Y*
- 30.56%
- 10Y*
- -6.07%
- ALL TIME*
- -1.69%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
BIPIX vs. UIPIX - 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% |
UIPIX ProFunds UltraShort Mid Cap Fund | -23.40% | -13.23% | -22.21% | 668.01% | 11.30% | -42.71% | -53.90% | -38.37% | 21.21% | -27.33% |
Correlation
The correlation between BIPIX and UIPIX is -0.46, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.46 |
Correlation (3Y) Balances recent behavior with more history. | -0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.60 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.57 |
Correlation (All Time) Calculated using the full available price history since Jan 30, 2004 | -0.62 |
The correlation between BIPIX and UIPIX shifts across timeframes, from -0.62 (all time) to -0.46 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
BIPIX vs. UIPIX — Risk / Return Rank
BIPIX
UIPIX
BIPIX vs. UIPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Biotechnology UltraSector Fund (BIPIX) and ProFunds UltraShort Mid Cap Fund (UIPIX). 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 | UIPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.94 | ||
| Sortino ratioReturn per unit of downside risk | +4.76 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 0.86 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 8.00 | -0.81 | +8.81 |
| Martin ratioReturn relative to average drawdown | 21.22 | -1.38 | +22.61 |
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Drawdowns
BIPIX vs. UIPIX - Drawdown Comparison
The maximum BIPIX drawdown since its inception was -84.51%, smaller than the maximum UIPIX drawdown of -99.84%. Use the drawdown chart below to compare losses from any high point for BIPIX and UIPIX.
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Drawdown Indicators
| BIPIX | UIPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.51% | -99.84% | +15.33% |
Max Drawdown (1Y)Largest decline over 1 year | -15.15% | -35.54% | +20.39% |
Max Drawdown (3Y)Largest decline over 3 years | -59.50% | -65.67% | +6.17% |
Max Drawdown (5Y)Largest decline over 5 years | -63.86% | -65.67% | +1.81% |
Max Drawdown (10Y)Largest decline over 10 years | -63.86% | -90.12% | +26.26% |
Current DrawdownCurrent decline from peak | -11.67% | -99.20% | +87.53% |
Average DrawdownAverage peak-to-trough decline | -37.04% | -80.87% | +43.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.70% | 20.77% | -15.07% |
Volatility
BIPIX vs. UIPIX - Volatility Comparison
ProFunds Biotechnology UltraSector Fund (BIPIX) has a higher volatility of 11.92% compared to ProFunds UltraShort Mid Cap Fund (UIPIX) at 6.91%. This indicates that BIPIX's price experiences larger fluctuations and is considered to be riskier than UIPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIPIX | UIPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.92% | 6.91% | +5.01% |
Volatility (6M)Calculated over the trailing 6-month period | 31.90% | 23.23% | +8.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.21% | 31.30% | +8.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.38% | 418.86% | -378.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.54% | 297.54% | -261.00% |
BIPIX vs. UIPIX - Expense Ratio Comparison
BIPIX has a 1.49% expense ratio, which is lower than UIPIX's 1.78% expense ratio.
Dividends
BIPIX vs. UIPIX - Dividend Comparison
BIPIX's dividend yield for the trailing twelve months is around 0.27%, less than UIPIX's 3.40% 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% |
UIPIX ProFunds UltraShort Mid Cap Fund | 3.40% | 2.60% | 0.00% | 4.74% | 0.00% | 0.00% | 0.00% | 0.48% | 0.00% | 0.00% |
Frequently Asked Questions
BIPIX and UIPIX have a correlation of -0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BIPIX has higher volatility (11.92%) compared to UIPIX (6.91%). In terms of maximum drawdown, BIPIX dropped -84.51% vs UIPIX's -99.84%.
BIPIX currently has the higher Sharpe Ratio (3.01 vs -0.92), 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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