BLPIX vs. UGPIX
BLPIX (ProFunds Bull Investor Fund) and UGPIX (ProFunds UltraChina) are both Leveraged Equities funds from ProFunds. Over the past 10 years, BLPIX returned 12.32%/yr vs 7.63%/yr for UGPIX. Their 0.19 correlation means their historical movements had little consistent relationship. BLPIX charges 1.50%/yr vs 1.74%/yr for UGPIX.
Performance
BLPIX vs. UGPIX - Performance Comparison
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Returns By Period
In the year-to-date period, BLPIX achieves a 8.23% return, which is significantly higher than UGPIX's -32.30% return. Over the past 10 years, BLPIX has outperformed UGPIX with an annualized return of 12.32%, while UGPIX has yielded a comparatively lower 7.63% annualized return.
BLPIX
- 1D
- 1.66%
- 1M
- -0.69%
- 6M
- 6.85%
- YTD
- 8.23%
- 1Y
- 18.52%
- 3Y*
- 15.87%
- 5Y*
- 9.56%
- 10Y*
- 12.32%
- ALL TIME*
- 6.80%
UGPIX
- 1D
- 1.36%
- 1M
- 19.83%
- 6M
- -35.18%
- YTD
- -32.30%
- 1Y
- -24.92%
- 3Y*
- -18.59%
- 5Y*
- 10.33%
- 10Y*
- 7.63%
- ALL TIME*
- -1.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
UGPIX ProFunds UltraChina | $0.00 | $0.00 | $0.00 |
BLPIX vs. UGPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BLPIX ProFunds Bull Investor Fund | 8.23% | 15.01% | 20.24% | 24.13% | -19.81% | 23.73% | 16.04% | 28.97% | -6.09% | 19.51% |
UGPIX ProFunds UltraChina | -32.30% | 36.28% | -21.79% | 785.09% | -53.03% | -73.86% | 76.47% | 40.07% | -46.51% | 105.73% |
Correlation
The correlation between BLPIX and UGPIX is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.51 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2000 | 0.19 |
Over the past year, BLPIX and UGPIX have become more correlated (0.47) than their long-term average of 0.19, meaning their price movements have been converging.
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Return for Risk
BLPIX vs. UGPIX — Risk / Return Rank
BLPIX
UGPIX
BLPIX vs. UGPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Bull Investor Fund (BLPIX) and ProFunds UltraChina (UGPIX). 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.
| BLPIX | UGPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.78 | ||
| Sortino ratioReturn per unit of downside risk | +2.26 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.95 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | -0.41 | +2.18 |
| Martin ratioReturn relative to average drawdown | 7.44 | -0.73 | +8.17 |
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Drawdowns
BLPIX vs. UGPIX - Drawdown Comparison
The maximum BLPIX drawdown since its inception was -57.98%, smaller than the maximum UGPIX drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for BLPIX and UGPIX.
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Drawdown Indicators
| BLPIX | UGPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.98% | -98.56% | +40.58% |
Max Drawdown (1Y)Largest decline over 1 year | -9.21% | -65.51% | +56.30% |
Max Drawdown (3Y)Largest decline over 3 years | -18.98% | -65.51% | +46.53% |
Max Drawdown (5Y)Largest decline over 5 years | -26.11% | -88.22% | +62.11% |
Max Drawdown (10Y)Largest decline over 10 years | -33.93% | -96.22% | +62.29% |
Current DrawdownCurrent decline from peak | -2.39% | -80.75% | +78.36% |
Average DrawdownAverage peak-to-trough decline | -13.80% | -79.77% | +65.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 36.83% | -34.65% |
Volatility
BLPIX vs. UGPIX - Volatility Comparison
The current volatility for ProFunds Bull Investor Fund (BLPIX) is 3.44%, while ProFunds UltraChina (UGPIX) has a volatility of 13.99%. This indicates that BLPIX experiences smaller price fluctuations and is considered to be less risky than UGPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLPIX | UGPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.44% | 13.99% | -10.55% |
Volatility (6M)Calculated over the trailing 6-month period | 10.09% | 37.67% | -27.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.85% | 53.08% | -40.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.05% | 387.93% | -370.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.74% | 276.46% | -258.72% |
BLPIX vs. UGPIX - Expense Ratio Comparison
BLPIX has a 1.50% expense ratio, which is lower than UGPIX's 1.74% expense ratio.
Dividends
BLPIX vs. UGPIX - Dividend Comparison
BLPIX's dividend yield for the trailing twelve months is around 1.46%, less than UGPIX's 8.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BLPIX ProFunds Bull Investor Fund | 1.46% | 1.58% | 0.00% | 0.03% | 0.98% | 6.68% | 5.79% | 1.64% | 0.62% | 0.00% |
UGPIX ProFunds UltraChina | 8.93% | 6.05% | 2.91% | 3.25% | 0.00% | 0.00% | 0.00% | 0.08% | 0.00% | 0.77% |
Frequently Asked Questions
BLPIX and UGPIX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UGPIX has higher volatility (13.99%) compared to BLPIX (3.44%). In terms of maximum drawdown, BLPIX dropped -57.98% vs UGPIX's -98.56%.
BLPIX currently has the higher Sharpe Ratio (1.26 vs -0.51), 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.
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