BLPIX vs. SPY
Compare and contrast key facts about ProFunds Bull Investor Fund (BLPIX) and SPDR S&P 500 ETF (SPY).
BLPIX is managed by ProFunds. It was launched on Nov 30, 1997. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLPIX or SPY.
Correlation
The correlation between BLPIX and SPY is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BLPIX vs. SPY - Performance Comparison
Key characteristics
BLPIX:
1.71
SPY:
2.03
BLPIX:
2.33
SPY:
2.71
BLPIX:
1.32
SPY:
1.38
BLPIX:
2.61
SPY:
3.09
BLPIX:
10.42
SPY:
12.94
BLPIX:
2.14%
SPY:
2.01%
BLPIX:
13.01%
SPY:
12.78%
BLPIX:
-57.98%
SPY:
-55.19%
BLPIX:
-2.95%
SPY:
-2.14%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with BLPIX at 1.14% and SPY at 1.14%. Over the past 10 years, BLPIX has underperformed SPY with an annualized return of 9.32%, while SPY has yielded a comparatively higher 13.38% annualized return.
BLPIX
1.14%
-2.69%
5.51%
22.76%
8.32%
9.32%
SPY
1.14%
-1.98%
7.12%
26.42%
14.07%
13.38%
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BLPIX vs. SPY - Expense Ratio Comparison
BLPIX has a 1.50% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BLPIX vs. SPY — Risk-Adjusted Performance Rank
BLPIX
SPY
BLPIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Bull Investor Fund (BLPIX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
BLPIX vs. SPY - Dividend Comparison
BLPIX's dividend yield for the trailing twelve months is around 0.75%, less than SPY's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLPIX ProFunds Bull Investor Fund | 0.75% | 0.76% | 0.03% | 0.00% | 0.00% | 0.30% | 0.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BLPIX vs. SPY - Drawdown Comparison
The maximum BLPIX drawdown since its inception was -57.98%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BLPIX and SPY. For additional features, visit the drawdowns tool.
Volatility
BLPIX vs. SPY - Volatility Comparison
ProFunds Bull Investor Fund (BLPIX) has a higher volatility of 5.31% compared to SPDR S&P 500 ETF (SPY) at 5.01%. This indicates that BLPIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.