BLPIX vs. DXRLX

Last updated Jun 5, 2026

BLPIX (ProFunds Bull Investor Fund) and DXRLX (Direxion Monthly Small Cap Bull 1.75X Fund) are both Leveraged Equities funds. Over the past 10 years, BLPIX returned 12.89%/yr vs 12.48%/yr for DXRLX. Their correlation of 0.83 suggests significant overlap in exposure. BLPIX charges 1.50%/yr vs 1.35%/yr for DXRLX.

Performance

BLPIX vs. DXRLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Bull Investor Fund (BLPIX) and Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLPIX achieves a 10.07% return, which is significantly lower than DXRLX's 27.54% return. Both investments have delivered pretty close results over the past 10 years, with BLPIX having a 12.89% annualized return and DXRLX not far behind at 12.48%.

BLPIX

• 1D: -0.74%
• 1M: 4.04%
• YTD: 10.07%
• 6M: 9.85%
• 1Y: 25.76%
• 3Y*: 19.22%
• 5Y*: 10.76%
• 10Y*: 12.89%

DXRLX

• 1D: -2.33%
• 1M: 2.70%
• YTD: 27.54%
• 6M: 22.99%
• 1Y: 67.29%
• 3Y*: 23.01%
• 5Y*: 2.19%
• 10Y*: 12.48%

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

BLPIX vs. DXRLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BLPIX ProFunds Bull Investor Fund	10.07%	15.01%	20.24%	24.13%	-19.81%	23.73%	16.04%	28.97%	-6.09%	19.51%
DXRLX Direxion Monthly Small Cap Bull 1.75X Fund	27.54%	15.22%	10.66%	20.05%	-40.24%	26.84%	20.98%	46.08%	-27.45%	27.06%

Correlation

The correlation between BLPIX and DXRLX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Feb 22, 1999	0.83

The correlation between BLPIX and DXRLX has been stable across timeframes, ranging from 0.77 to 0.83 - a consistent structural relationship.

Return for Risk

BLPIX vs. DXRLX — Risk / Return Rank

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

BLPIX

BLPIX Risk / Return Rank: 56
BLPIX Sharpe Ratio Rank: 54
BLPIX Sortino Ratio Rank: 51
BLPIX Omega Ratio Rank: 52
BLPIX Calmar Ratio Rank: 54
BLPIX Martin Ratio Rank: 67

DXRLX

DXRLX Risk / Return Rank: 54
DXRLX Sharpe Ratio Rank: 48
DXRLX Sortino Ratio Rank: 42
DXRLX Omega Ratio Rank: 37
DXRLX Calmar Ratio Rank: 78
DXRLX Martin Ratio Rank: 63

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. DXRLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Bull Investor Fund (BLPIX) and Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX). 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	DXRLX	Difference
Sharpe ratio: Return per unit of total volatility	2.18	2.00	+0.18
Sortino ratio: Return per unit of downside risk	2.99	2.65	+0.35
Omega ratio: Gain probability vs. loss probability	1.40	1.31	+0.08
Calmar ratio: Return relative to maximum drawdown	2.81	3.45	-0.64
Martin ratio: Return relative to average drawdown	12.92	12.15	+0.77
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. DXRLX - Sharpe Ratio Comparison

The current BLPIX Sharpe Ratio is 2.18, which is comparable to the DXRLX Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of BLPIX and DXRLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BLPIX	DXRLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.18	2.00	+0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.05	+0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.25	+0.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.05	+0.31

Drawdowns

BLPIX vs. DXRLX - Drawdown Comparison

The maximum BLPIX drawdown since its inception was -57.98%, smaller than the maximum DXRLX drawdown of -94.32%. Use the drawdown chart below to compare losses from any high point for BLPIX and DXRLX.

Drawdown Indicators

	BLPIX	DXRLX	Difference
Max Drawdown Largest peak-to-trough decline	-57.98%	-94.32%	+36.34%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-19.38%	+10.17%
Max Drawdown (3Y) Largest decline over 3 years	-18.98%	-45.58%	+26.60%
Max Drawdown (5Y) Largest decline over 5 years	-26.11%	-57.64%	+31.53%
Max Drawdown (10Y) Largest decline over 10 years	-33.93%	-77.63%	+43.70%
Current Drawdown Current decline from peak	-0.74%	-2.58%	+1.84%
Average Drawdown Average peak-to-trough decline	-13.87%	-34.60%	+20.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	5.50%	-3.50%

Volatility

BLPIX vs. DXRLX - Volatility Comparison

The current volatility for ProFunds Bull Investor Fund (BLPIX) is 2.93%, while Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX) has a volatility of 9.99%. This indicates that BLPIX experiences smaller price fluctuations and is considered to be less risky than DXRLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLPIX	DXRLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.93%	9.99%	-7.06%
Volatility (6M) Calculated over the trailing 6-month period	9.00%	23.74%	-14.74%
Volatility (1Y) Calculated over the trailing 1-year period	11.89%	33.52%	-21.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.94%	41.64%	-24.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.74%	49.20%	-31.46%

BLPIX vs. DXRLX - Expense Ratio Comparison

BLPIX has a 1.50% expense ratio, which is higher than DXRLX's 1.35% expense ratio.

Dividends

BLPIX vs. DXRLX - Dividend Comparison

BLPIX's dividend yield for the trailing twelve months is around 1.43%, less than DXRLX's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLPIX ProFunds Bull Investor Fund	1.43%	1.58%	0.00%	0.03%	0.98%	6.68%	5.79%	1.64%	0.62%
DXRLX Direxion Monthly Small Cap Bull 1.75X Fund	1.63%	1.23%	0.66%	0.00%	2.27%	0.84%	0.71%	3.76%	7.60%

Frequently Asked Questions

Can I hold both BLPIX and DXRLX in my portfolio?

BLPIX and DXRLX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BLPIX or DXRLX?

DXRLX has higher volatility (9.99%) compared to BLPIX (2.93%). In terms of maximum drawdown, BLPIX dropped -57.98% vs DXRLX's -94.32%.

Which has better risk-adjusted returns?

BLPIX currently has the higher Sharpe Ratio (2.18 vs 2.00), 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.