BKPIX vs. PMPIX

Last updated Apr 1, 2026

Compare and contrast key facts about ProFunds Banks UltraSector Fund (BKPIX) and ProFunds Precious Metals UltraSector Fund (PMPIX).

BKPIX is managed by ProFunds. It was launched on Sep 3, 2001. PMPIX is managed by ProFunds. It was launched on Jun 2, 2002.

Performance

BKPIX vs. PMPIX - Performance Comparison

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

BKPIX vs. PMPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BKPIX ProFunds Banks UltraSector Fund	-6.99%	11.57%	28.64%	9.95%	-30.83%	52.43%	-30.69%	55.99%	-27.23%	26.77%
PMPIX ProFunds Precious Metals UltraSector Fund	-0.39%	273.51%	5.35%	-1.78%	-20.47%	-14.71%	28.27%	72.99%	-21.10%	6.55%

Returns By Period

In the year-to-date period, BKPIX achieves a -6.99% return, which is significantly lower than PMPIX's -0.39% return. Over the past 10 years, BKPIX has underperformed PMPIX with an annualized return of 9.69%, while PMPIX has yielded a comparatively higher 16.99% annualized return.

BKPIX

• 1D: 0.54%
• 1M: -6.79%
• YTD: -6.99%
• 6M: -4.62%
• 1Y: 11.78%
• 3Y*: 21.80%
• 5Y*: 2.49%
• 10Y*: 9.69%

PMPIX

• 1D: -0.70%
• 1M: -35.81%
• YTD: -0.39%
• 6M: 16.28%
• 1Y: 139.44%
• 3Y*: 50.72%
• 5Y*: 24.38%
• 10Y*: 16.99%

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

BKPIX vs. PMPIX - Expense Ratio Comparison

BKPIX has a 1.71% expense ratio, which is higher than PMPIX's 1.53% expense ratio.

BKPIX

ProFunds Banks UltraSector Fund

PMPIX

ProFunds Precious Metals UltraSector Fund

Return for Risk

BKPIX vs. PMPIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKPIX

BKPIX Risk / Return Rank: 14
BKPIX Sharpe Ratio Rank: 13
BKPIX Sortino Ratio Rank: 15
BKPIX Omega Ratio Rank: 16
BKPIX Calmar Ratio Rank: 15
BKPIX Martin Ratio Rank: 13

PMPIX

PMPIX Risk / Return Rank: 91
PMPIX Sharpe Ratio Rank: 94
PMPIX Sortino Ratio Rank: 86
PMPIX Omega Ratio Rank: 84
PMPIX Calmar Ratio Rank: 95
PMPIX Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKPIX vs. PMPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Banks UltraSector Fund (BKPIX) and ProFunds Precious Metals UltraSector Fund (PMPIX). 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.

	BKPIX	PMPIX	Difference
Sharpe ratio Return per unit of total volatility	0.34	2.13	-1.79
Sortino ratio Return per unit of downside risk	0.71	2.27	-1.56
Omega ratio Gain probability vs. loss probability	1.10	1.34	-0.24
Calmar ratio Return relative to maximum drawdown	0.44	3.38	-2.94
Martin ratio Return relative to average drawdown	1.10	11.61	-10.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKPIX vs. PMPIX - Sharpe Ratio Comparison

The current BKPIX Sharpe Ratio is 0.34, which is lower than the PMPIX Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of BKPIX and PMPIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BKPIX	PMPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.34	2.13	-1.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.47	-0.41
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.32	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.08	-0.02

Correlation

The correlation between BKPIX and PMPIX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BKPIX vs. PMPIX - Dividend Comparison

BKPIX's dividend yield for the trailing twelve months is around 1.52%, more than PMPIX's 0.43% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BKPIX ProFunds Banks UltraSector Fund	1.52%	1.42%	0.75%	1.64%	0.29%	0.00%	0.00%	0.38%	1.53%
PMPIX ProFunds Precious Metals UltraSector Fund	0.43%	0.43%	1.89%	1.31%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

BKPIX vs. PMPIX - Drawdown Comparison

The maximum BKPIX drawdown since its inception was -96.22%, roughly equal to the maximum PMPIX drawdown of -94.34%. Use the drawdown chart below to compare losses from any high point for BKPIX and PMPIX.

Drawdown Indicators

	BKPIX	PMPIX	Difference
Max Drawdown Largest peak-to-trough decline	-96.22%	-94.34%	-1.88%
Max Drawdown (1Y) Largest decline over 1 year	-21.69%	-41.66%	+19.97%
Max Drawdown (5Y) Largest decline over 5 years	-61.71%	-61.05%	-0.66%
Max Drawdown (10Y) Largest decline over 10 years	-66.21%	-65.94%	-0.27%
Current Drawdown Current decline from peak	-52.70%	-42.59%	-10.11%
Average Drawdown Average peak-to-trough decline	-56.16%	-59.86%	+3.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.78%	12.13%	-3.35%

Volatility

BKPIX vs. PMPIX - Volatility Comparison

The current volatility for ProFunds Banks UltraSector Fund (BKPIX) is 7.16%, while ProFunds Precious Metals UltraSector Fund (PMPIX) has a volatility of 23.48%. This indicates that BKPIX experiences smaller price fluctuations and is considered to be less risky than PMPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKPIX	PMPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.16%	23.48%	-16.32%
Volatility (6M) Calculated over the trailing 6-month period	24.74%	55.98%	-31.24%
Volatility (1Y) Calculated over the trailing 1-year period	39.30%	67.44%	-28.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.76%	52.07%	-11.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.48%	52.81%	-9.33%