BMPIX vs. DXRLX

Last updated Jun 4, 2026

BMPIX (ProFunds Basic Materials UltraSector Fund) and DXRLX (Direxion Monthly Small Cap Bull 1.75X Fund) are both Leveraged Equities funds. Over the past 10 years, BMPIX returned 10.29%/yr vs 12.74%/yr for DXRLX. A 0.75 correlation means they provide meaningful diversification when combined. BMPIX charges 1.89%/yr vs 1.35%/yr for DXRLX.

Performance

BMPIX vs. DXRLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Basic Materials UltraSector Fund (BMPIX) 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, BMPIX achieves a 19.15% return, which is significantly lower than DXRLX's 30.58% return. Over the past 10 years, BMPIX has underperformed DXRLX with an annualized return of 10.29%, while DXRLX has yielded a comparatively higher 12.74% annualized return.

BMPIX

• 1D: 1.71%
• 1M: 2.12%
• YTD: 19.15%
• 6M: 23.02%
• 1Y: 24.17%
• 3Y*: 11.58%
• 5Y*: 4.10%
• 10Y*: 10.29%

DXRLX

• 1D: 1.58%
• 1M: 8.33%
• YTD: 30.58%
• 6M: 27.67%
• 1Y: 70.57%
• 3Y*: 23.98%
• 5Y*: 2.80%
• 10Y*: 12.74%

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

BMPIX vs. DXRLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BMPIX ProFunds Basic Materials UltraSector Fund	19.15%	9.09%	-5.35%	15.30%	-16.22%	38.93%	18.27%	25.13%	-26.81%	34.96%
DXRLX Direxion Monthly Small Cap Bull 1.75X Fund	30.58%	15.22%	10.66%	20.05%	-40.24%	26.84%	20.98%	46.08%	-27.45%	27.06%

Correlation

The correlation between BMPIX and DXRLX is 0.69, 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	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Sep 4, 2001	0.75

The correlation between BMPIX and DXRLX has been stable across timeframes, ranging from 0.69 to 0.75 - a consistent structural relationship.

Return for Risk

BMPIX vs. DXRLX — Risk / Return Rank

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

BMPIX

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

DXRLX

DXRLX Risk / Return Rank: 60
DXRLX Sharpe Ratio Rank: 59
DXRLX Sortino Ratio Rank: 47
DXRLX Omega Ratio Rank: 41
DXRLX Calmar Ratio Rank: 84
DXRLX Martin Ratio Rank: 72

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.

BMPIX vs. DXRLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Basic Materials UltraSector Fund (BMPIX) 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.

	BMPIX	DXRLX	Difference
Sharpe ratio: Return per unit of total volatility	1.04	2.26	-1.23
Sortino ratio: Return per unit of downside risk	1.56	2.90	-1.34
Omega ratio: Gain probability vs. loss probability	1.18	1.35	-0.16
Calmar ratio: Return relative to maximum drawdown	1.42	3.91	-2.49
Martin ratio: Return relative to average drawdown	4.04	13.74	-9.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BMPIX vs. DXRLX - Sharpe Ratio Comparison

The current BMPIX Sharpe Ratio is 1.04, which is lower than the DXRLX Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of BMPIX 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

	BMPIX	DXRLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	2.26	-1.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	0.07	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.26	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.05	+0.12

Drawdowns

BMPIX vs. DXRLX - Drawdown Comparison

The maximum BMPIX drawdown since its inception was -84.22%, smaller than the maximum DXRLX drawdown of -94.32%. Use the drawdown chart below to compare losses from any high point for BMPIX and DXRLX.

Drawdown Indicators

	BMPIX	DXRLX	Difference
Max Drawdown Largest peak-to-trough decline	-84.22%	-94.32%	+10.10%
Max Drawdown (1Y) Largest decline over 1 year	-18.38%	-19.38%	+1.00%
Max Drawdown (3Y) Largest decline over 3 years	-34.54%	-45.58%	+11.04%
Max Drawdown (5Y) Largest decline over 5 years	-38.50%	-57.64%	+19.14%
Max Drawdown (10Y) Largest decline over 10 years	-61.41%	-77.63%	+16.22%
Current Drawdown Current decline from peak	-6.79%	-0.26%	-6.53%
Average Drawdown Average peak-to-trough decline	-24.12%	-34.61%	+10.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.45%	5.50%	+0.95%

Volatility

BMPIX vs. DXRLX - Volatility Comparison

The current volatility for ProFunds Basic Materials UltraSector Fund (BMPIX) is 8.89%, while Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX) has a volatility of 9.70%. This indicates that BMPIX 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

	BMPIX	DXRLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.89%	9.70%	-0.81%
Volatility (6M) Calculated over the trailing 6-month period	19.25%	23.73%	-4.48%
Volatility (1Y) Calculated over the trailing 1-year period	25.13%	33.42%	-8.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.56%	41.63%	-12.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.10%	49.20%	-17.10%

BMPIX vs. DXRLX - Expense Ratio Comparison

BMPIX has a 1.89% expense ratio, which is higher than DXRLX's 1.35% expense ratio.

Dividends

BMPIX vs. DXRLX - Dividend Comparison

BMPIX's dividend yield for the trailing twelve months is around 1.52%, less than DXRLX's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BMPIX ProFunds Basic Materials UltraSector Fund	1.52%	1.81%	0.94%	0.96%	0.00%	0.00%	0.28%	0.00%	0.00%	0.00%	0.16%
DXRLX Direxion Monthly Small Cap Bull 1.75X Fund	1.59%	1.23%	0.66%	0.00%	2.27%	0.84%	0.71%	3.76%	7.60%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BMPIX and DXRLX in my portfolio?

BMPIX and DXRLX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BMPIX or DXRLX?

DXRLX has higher volatility (9.70%) compared to BMPIX (8.89%). In terms of maximum drawdown, BMPIX dropped -84.22% vs DXRLX's -94.32%.

Which has better risk-adjusted returns?

DXRLX currently has the higher Sharpe Ratio (2.26 vs 1.04), 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.