BLPIX vs. BTCFX

Last updated Apr 1, 2026

Compare and contrast key facts about ProFunds Bull Investor Fund (BLPIX) and Bitcoin ProFund Investor (BTCFX).

BLPIX is managed by ProFunds. It was launched on Nov 30, 1997. BTCFX is managed by ProFunds. It was launched on Jul 28, 2021.

Performance

BLPIX vs. BTCFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Bull Investor Fund (BLPIX) and Bitcoin ProFund Investor (BTCFX). The values are adjusted to include any dividend payments, if applicable.

BLPIX vs. BTCFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BLPIX ProFunds Bull Investor Fund	-7.48%	15.01%	20.24%	24.13%	-19.81%	5.06%
BTCFX Bitcoin ProFund Investor	-24.74%	-11.83%	102.93%	133.31%	-64.04%	-3.69%

Returns By Period

In the year-to-date period, BLPIX achieves a -7.48% return, which is significantly higher than BTCFX's -24.74% return.

BLPIX

• 1D: -0.41%
• 1M: -7.83%
• YTD: -7.48%
• 6M: -5.44%
• 1Y: 11.71%
• 3Y*: 14.07%
• 5Y*: 8.32%
• 10Y*: 11.09%

BTCFX

• 1D: 0.68%
• 1M: 0.89%
• YTD: -24.74%
• 6M: -43.37%
• 1Y: -23.48%
• 3Y*: 22.62%
• 5Y*: —
• 10Y*: —

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

BLPIX vs. BTCFX - Expense Ratio Comparison

BLPIX has a 1.50% expense ratio, which is higher than BTCFX's 1.41% expense ratio.

BLPIX

ProFunds Bull Investor Fund

BTCFX

Bitcoin ProFund Investor

Return for Risk

BLPIX vs. BTCFX — Risk / Return Rank

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

BLPIX

BLPIX Risk / Return Rank: 32
BLPIX Sharpe Ratio Rank: 29
BLPIX Sortino Ratio Rank: 31
BLPIX Omega Ratio Rank: 34
BLPIX Calmar Ratio Rank: 29
BLPIX Martin Ratio Rank: 36

BTCFX

BTCFX Risk / Return Rank: 2
BTCFX Sharpe Ratio Rank: 1
BTCFX Sortino Ratio Rank: 2
BTCFX Omega Ratio Rank: 2
BTCFX Calmar Ratio Rank: 1
BTCFX Martin Ratio Rank: 2

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.

BLPIX vs. BTCFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Bull Investor Fund (BLPIX) and Bitcoin ProFund Investor (BTCFX). 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.

	BLPIX	BTCFX	Difference
Sharpe ratio Return per unit of total volatility	0.69	-0.54	+1.23
Sortino ratio Return per unit of downside risk	1.08	-0.54	+1.62
Omega ratio Gain probability vs. loss probability	1.17	0.94	+0.23
Calmar ratio Return relative to maximum drawdown	0.83	-0.55	+1.38
Martin ratio Return relative to average drawdown	3.84	-1.17	+5.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BLPIX vs. BTCFX - Sharpe Ratio Comparison

The current BLPIX Sharpe Ratio is 0.69, which is higher than the BTCFX Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of BLPIX and BTCFX, 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

	BLPIX	BTCFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.69	-0.54	+1.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.03	+0.29

Correlation

The correlation between BLPIX and BTCFX is 0.41, 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.

Dividends

BLPIX vs. BTCFX - Dividend Comparison

BLPIX's dividend yield for the trailing twelve months is around 1.71%, less than BTCFX's 50.55% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLPIX ProFunds Bull Investor Fund	1.71%	1.58%	0.00%	0.03%	0.98%	6.68%	5.79%	1.64%	0.62%
BTCFX Bitcoin ProFund Investor	50.55%	44.62%	24.28%	10.95%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

BLPIX vs. BTCFX - Drawdown Comparison

The maximum BLPIX drawdown since its inception was -57.98%, smaller than the maximum BTCFX drawdown of -77.89%. Use the drawdown chart below to compare losses from any high point for BLPIX and BTCFX.

Drawdown Indicators

	BLPIX	BTCFX	Difference
Max Drawdown Largest peak-to-trough decline	-57.98%	-77.89%	+19.91%
Max Drawdown (1Y) Largest decline over 1 year	-12.15%	-50.35%	+38.20%
Max Drawdown (5Y) Largest decline over 5 years	-26.11%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.93%	—	—
Current Drawdown Current decline from peak	-9.21%	-48.39%	+39.18%
Average Drawdown Average peak-to-trough decline	-13.95%	-35.74%	+21.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	23.55%	-20.92%

Volatility

BLPIX vs. BTCFX - Volatility Comparison

The current volatility for ProFunds Bull Investor Fund (BLPIX) is 4.24%, while Bitcoin ProFund Investor (BTCFX) has a volatility of 14.09%. This indicates that BLPIX experiences smaller price fluctuations and is considered to be less risky than BTCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLPIX	BTCFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	14.09%	-9.85%
Volatility (6M) Calculated over the trailing 6-month period	9.08%	37.30%	-28.22%
Volatility (1Y) Calculated over the trailing 1-year period	18.09%	45.81%	-27.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.90%	56.08%	-39.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.70%	56.08%	-38.38%