BTCFX vs. TEPIX

Last updated Jun 3, 2026

BTCFX (Bitcoin ProFund Investor) and TEPIX (ProFunds Technology UltraSector Fund) are both mutual funds - BTCFX is a Cryptocurrency fund managed by ProFunds, while TEPIX is a Leveraged Equities fund managed by ProFunds. Over the past 3 years, BTCFX returned 28.12%/yr vs 40.74%/yr for TEPIX. At a 0.40 correlation, their price movements are largely independent. BTCFX charges 1.41%/yr vs 1.48%/yr for TEPIX.

Performance

BTCFX vs. TEPIX - Performance Comparison

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

Returns By Period

In the year-to-date period, BTCFX achieves a -19.48% return, which is significantly lower than TEPIX's 54.92% return.

BTCFX

• 1D: -2.66%
• 1M: -9.12%
• YTD: -19.48%
• 6M: -22.95%
• 1Y: -34.89%
• 3Y*: 28.12%
• 5Y*: —
• 10Y*: —

TEPIX

• 1D: 3.70%
• 1M: 32.32%
• YTD: 54.92%
• 6M: 53.70%
• 1Y: 108.49%
• 3Y*: 40.74%
• 5Y*: 22.99%
• 10Y*: 30.98%

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

BTCFX vs. TEPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BTCFX Bitcoin ProFund Investor	-19.48%	-11.83%	102.93%	133.31%	-64.04%	-3.69%
TEPIX ProFunds Technology UltraSector Fund	54.92%	30.08%	14.17%	91.81%	-51.01%	8.59%

Correlation

The correlation between BTCFX and TEPIX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since Aug 10, 2021	0.40

The correlation between BTCFX and TEPIX shifts across timeframes, from 0.31 (3 years) to 0.47 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

BTCFX vs. TEPIX — Risk / Return Rank

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

BTCFX

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

TEPIX

TEPIX Risk / Return Rank: 84
TEPIX Sharpe Ratio Rank: 97
TEPIX Sortino Ratio Rank: 82
TEPIX Omega Ratio Rank: 78
TEPIX Calmar Ratio Rank: 89
TEPIX Martin Ratio Rank: 75

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.

BTCFX vs. TEPIX - Risk-Adjusted Trends Comparison

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

	BTCFX	TEPIX	Difference
Sharpe ratio Return per unit of total volatility	-0.81	3.56	-4.37
Sortino ratio Return per unit of downside risk	-1.05	3.87	-4.93
Omega ratio Gain probability vs. loss probability	0.88	1.51	-0.63
Calmar ratio Return relative to maximum drawdown	-0.71	4.47	-5.18
Martin ratio Return relative to average drawdown	-1.23	14.25	-15.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BTCFX vs. TEPIX - Sharpe Ratio Comparison

The current BTCFX Sharpe Ratio is -0.81, which is lower than the TEPIX Sharpe Ratio of 3.56. The chart below compares the historical Sharpe Ratios of BTCFX and TEPIX, 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

	BTCFX	TEPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.81	3.56	-4.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.16	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.29	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.15	-0.09

Drawdowns

BTCFX vs. TEPIX - Drawdown Comparison

The maximum BTCFX drawdown since its inception was -77.89%, smaller than the maximum TEPIX drawdown of -89.14%. Use the drawdown chart below to compare losses from any high point for BTCFX and TEPIX.

Drawdown Indicators

	BTCFX	TEPIX	Difference
Max Drawdown Largest peak-to-trough decline	-77.89%	-89.14%	+11.25%
Max Drawdown (1Y) Largest decline over 1 year	-50.35%	-24.64%	-25.71%
Max Drawdown (3Y) Largest decline over 3 years	-50.35%	-84.97%	+34.62%
Max Drawdown (5Y) Largest decline over 5 years	—	-84.97%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-84.97%	—
Current Drawdown Current decline from peak	-44.78%	-54.49%	+9.71%
Average Drawdown Average peak-to-trough decline	-35.93%	-49.78%	+13.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.02%	7.73%	+21.29%

Volatility

BTCFX vs. TEPIX - Volatility Comparison

The current volatility for Bitcoin ProFund Investor (BTCFX) is 8.51%, while ProFunds Technology UltraSector Fund (TEPIX) has a volatility of 10.17%. This indicates that BTCFX experiences smaller price fluctuations and is considered to be less risky than TEPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTCFX	TEPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.51%	10.17%	-1.66%
Volatility (6M) Calculated over the trailing 6-month period	34.48%	25.04%	+9.44%
Volatility (1Y) Calculated over the trailing 1-year period	43.58%	31.40%	+12.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.37%	145.10%	-89.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.37%	105.51%	-50.14%

BTCFX vs. TEPIX - Expense Ratio Comparison

BTCFX has a 1.41% expense ratio, which is lower than TEPIX's 1.48% expense ratio.

Dividends

BTCFX vs. TEPIX - Dividend Comparison

BTCFX's dividend yield for the trailing twelve months is around 34.75%, more than TEPIX's 2.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BTCFX Bitcoin ProFund Investor	34.75%	44.62%	24.28%	10.95%	0.00%	0.00%	0.00%	0.00%	0.00%
TEPIX ProFunds Technology UltraSector Fund	2.08%	3.22%	0.00%	0.37%	0.00%	0.90%	2.31%	0.00%	0.23%

Frequently Asked Questions

Can I hold both BTCFX and TEPIX in my portfolio?

BTCFX and TEPIX 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.

Which is riskier, BTCFX or TEPIX?

TEPIX has higher volatility (10.17%) compared to BTCFX (8.51%). In terms of maximum drawdown, BTCFX dropped -77.89% vs TEPIX's -89.14%.

Which has better risk-adjusted returns?

TEPIX currently has the higher Sharpe Ratio (3.56 vs -0.81), 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.