BKPIX vs. IDPIX

Last updated Aug 4, 2026

BKPIX (ProFunds Banks UltraSector Fund) and IDPIX (ProFunds Industrial Ultra Sector Fund) are both Leveraged Equities funds from ProFunds. Over the past 10 years, BKPIX returned 12.18%/yr vs 14.79%/yr for IDPIX. Their 0.70 correlation means they have sometimes moved together and sometimes differently. BKPIX charges 1.71%/yr vs 1.75%/yr for IDPIX.

Performance

BKPIX vs. IDPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Banks UltraSector Fund (BKPIX) and ProFunds Industrial Ultra Sector Fund (IDPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with BKPIX having a 20.78% return and IDPIX slightly higher at 21.32%. Over the past 10 years, BKPIX has underperformed IDPIX with an annualized return of 12.18%, while IDPIX has yielded a comparatively higher 14.79% annualized return.

BKPIX

• 1D: 0.29%
• 1M: 1.87%
• 6M: 10.88%
• YTD: 20.78%
• 1Y: 38.42%
• 3Y*: 26.20%
• 5Y*: 7.94%
• 10Y*: 12.18%
• ALL TIME*: 4.52%

IDPIX

• 1D: 1.18%
• 1M: -3.87%
• 6M: 8.59%
• YTD: 21.32%
• 1Y: 26.45%
• 3Y*: 21.43%
• 5Y*: 10.07%
• 10Y*: 14.79%
• ALL TIME*: 10.96%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BKPIX ProFunds Banks UltraSector Fund	$0.00	$0.00	$0.00
IDPIX ProFunds Industrial Ultra Sector Fund	$0.00	$0.00	$0.00

BKPIX vs. IDPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BKPIX ProFunds Banks UltraSector Fund	20.78%	11.57%	28.64%	9.95%	-30.83%	52.43%	-30.69%	55.99%	-27.23%	26.77%
IDPIX ProFunds Industrial Ultra Sector Fund	21.32%	22.76%	16.21%	21.47%	-24.36%	25.42%	18.08%	46.48%	-20.05%	29.39%

Correlation

The correlation between BKPIX and IDPIX is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.55
Correlation (3Y) Balances recent behavior with more history.	0.62
Correlation (5Y) Shows whether the relationship held over a longer period.	0.68
Correlation (10Y) Provides a long-term view across more market conditions.	0.67
Correlation (All Time) Calculated using the full available price history since Jan 30, 2004	0.70

The correlation between BKPIX and IDPIX shifts across timeframes, from 0.55 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BKPIX vs. IDPIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BKPIX

BKPIX Risk / Return Rank: 31
BKPIX Sharpe Ratio Rank: 31
BKPIX Sortino Ratio Rank: 31
BKPIX Omega Ratio Rank: 32
BKPIX Calmar Ratio Rank: 36
BKPIX Martin Ratio Rank: 26

IDPIX

IDPIX Risk / Return Rank: 26
IDPIX Sharpe Ratio Rank: 25
IDPIX Sortino Ratio Rank: 25
IDPIX Omega Ratio Rank: 25
IDPIX Calmar Ratio Rank: 27
IDPIX Martin Ratio Rank: 31

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BKPIX vs. IDPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Banks UltraSector Fund (BKPIX) and ProFunds Industrial Ultra Sector Fund (IDPIX). 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.

	BKPIX	IDPIX	Difference
Sharpe ratio: Return per unit of total volatility	1.10	0.94	+0.17
Sortino ratio: Return per unit of downside risk	1.62	1.42	+0.20
Omega ratio: Gain probability vs. loss probability	1.21	1.17	+0.04
Calmar ratio: Return relative to maximum drawdown	1.62	1.31	+0.31
Martin ratio: Return relative to average drawdown	4.06	4.81	-0.74

BKPIX vs. IDPIX - Sharpe Ratio Comparison

The current BKPIX Sharpe Ratio is 1.10, which is comparable to the IDPIX Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of BKPIX and IDPIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BKPIX vs. IDPIX - Drawdown Comparison

The maximum BKPIX drawdown since its inception was -96.22%, which is greater than IDPIX's maximum drawdown of -79.54%. Use the drawdown chart below to compare losses from any high point for BKPIX and IDPIX.

Drawdown Indicators

	BKPIX	IDPIX	Difference
Max Drawdown Largest peak-to-trough decline	-96.22%	-79.54%	-16.68%
Max Drawdown (1Y) Largest decline over 1 year	-21.69%	-18.15%	-3.54%
Max Drawdown (3Y) Largest decline over 3 years	-37.94%	-30.24%	-7.70%
Max Drawdown (5Y) Largest decline over 5 years	-61.71%	-37.93%	-23.78%
Max Drawdown (10Y) Largest decline over 10 years	-66.21%	-55.09%	-11.12%
Current Drawdown Current decline from peak	-38.58%	-5.05%	-33.53%
Average Drawdown Average peak-to-trough decline	-55.98%	-14.89%	-41.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.63%	4.94%	+3.69%

Volatility

BKPIX vs. IDPIX - Volatility Comparison

ProFunds Banks UltraSector Fund (BKPIX) has a higher volatility of 7.75% compared to ProFunds Industrial Ultra Sector Fund (IDPIX) at 7.36%. This indicates that BKPIX's price experiences larger fluctuations and is considered to be riskier than IDPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKPIX	IDPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.75%	7.36%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	21.67%	21.05%	+0.62%
Volatility (1Y) Calculated over the trailing 1-year period	31.83%	25.43%	+6.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.45%	27.28%	+13.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.24%	29.83%	+13.41%

BKPIX vs. IDPIX - Expense Ratio Comparison

BKPIX has a 1.71% expense ratio, which is lower than IDPIX's 1.75% expense ratio.

Dividends

BKPIX vs. IDPIX - Dividend Comparison

BKPIX's dividend yield for the trailing twelve months is around 1.17%, less than IDPIX's 1.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKPIX ProFunds Banks UltraSector Fund	1.17%	1.42%	0.75%	1.64%	0.29%	0.00%	0.00%	0.38%	1.53%	0.00%	0.00%	0.00%
IDPIX ProFunds Industrial Ultra Sector Fund	1.45%	1.76%	0.00%	0.00%	0.00%	4.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.62%

Frequently Asked Questions

Can I hold both BKPIX and IDPIX in my portfolio?

BKPIX and IDPIX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKPIX or IDPIX?

BKPIX has higher volatility (7.75%) compared to IDPIX (7.36%). In terms of maximum drawdown, BKPIX dropped -96.22% vs IDPIX's -79.54%.

Which has better risk-adjusted returns?

BKPIX currently has the higher Sharpe Ratio (1.10 vs 0.94), 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.