DSEUX vs. UEPIX

Last updated Jun 24, 2026

DSEUX (DoubleLine Shiller Enhanced International CAPE) and UEPIX (ProFunds Europe 30 Fund) are both Europe Equities funds. Over the past 5 years, DSEUX returned 6.19%/yr vs 12.72%/yr for UEPIX. A 0.67 correlation means they provide meaningful diversification when combined. DSEUX charges 0.61%/yr vs 1.78%/yr for UEPIX.

Performance

DSEUX vs. UEPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Shiller Enhanced International CAPE (DSEUX) and ProFunds Europe 30 Fund (UEPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DSEUX achieves a 10.65% return, which is significantly lower than UEPIX's 22.16% return.

DSEUX

• 1D: 0.14%
• 1M: -4.60%
• YTD: 10.65%
• 6M: 11.43%
• 1Y: 26.86%
• 3Y*: 14.11%
• 5Y*: 6.19%
• 10Y*: —

UEPIX

• 1D: 0.00%
• 1M: 0.08%
• YTD: 22.16%
• 6M: 21.73%
• 1Y: 40.41%
• 3Y*: 21.93%
• 5Y*: 12.72%
• 10Y*: 10.53%

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

DSEUX vs. UEPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DSEUX DoubleLine Shiller Enhanced International CAPE	10.65%	29.25%	-3.73%	17.30%	-17.38%	18.40%	10.73%	23.17%	-12.64%	20.96%
UEPIX ProFunds Europe 30 Fund	22.16%	28.46%	2.60%	18.54%	-7.83%	24.46%	-9.97%	17.87%	-12.48%	19.92%

Correlation

The correlation between DSEUX and UEPIX is 0.64, 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	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Dec 27, 2016	0.67

The correlation between DSEUX and UEPIX has been stable across timeframes, ranging from 0.64 to 0.67 - a consistent structural relationship.

Return for Risk

DSEUX vs. UEPIX — Risk / Return Rank

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

DSEUX

DSEUX Risk / Return Rank: 61
DSEUX Sharpe Ratio Rank: 55
DSEUX Sortino Ratio Rank: 53
DSEUX Omega Ratio Rank: 48
DSEUX Calmar Ratio Rank: 84
DSEUX Martin Ratio Rank: 63

UEPIX

UEPIX Risk / Return Rank: 89
UEPIX Sharpe Ratio Rank: 89
UEPIX Sortino Ratio Rank: 83
UEPIX Omega Ratio Rank: 80
UEPIX Calmar Ratio Rank: 96
UEPIX Martin Ratio Rank: 95

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.

DSEUX vs. UEPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Shiller Enhanced International CAPE (DSEUX) and ProFunds Europe 30 Fund (UEPIX). 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.

	DSEUX	UEPIX	Difference
Sharpe ratio: Return per unit of total volatility	2.02	2.71	-0.69
Sortino ratio: Return per unit of downside risk	2.80	3.61	-0.81
Omega ratio: Gain probability vs. loss probability	1.35	1.48	-0.13
Calmar ratio: Return relative to maximum drawdown	3.74	6.04	-2.30
Martin ratio: Return relative to average drawdown	11.70	20.18	-8.48

DSEUX vs. UEPIX - Sharpe Ratio Comparison

The current DSEUX Sharpe Ratio is 2.02, which is comparable to the UEPIX Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of DSEUX and UEPIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DSEUX vs. UEPIX - Drawdown Comparison

The maximum DSEUX drawdown since its inception was -36.27%, smaller than the maximum UEPIX drawdown of -76.06%. Use the drawdown chart below to compare losses from any high point for DSEUX and UEPIX.

Drawdown Indicators

	DSEUX	UEPIX	Difference
Max Drawdown Largest peak-to-trough decline	-36.27%	-76.06%	+39.79%
Max Drawdown (1Y) Largest decline over 1 year	-7.31%	-6.74%	-0.57%
Max Drawdown (3Y) Largest decline over 3 years	-17.84%	-15.84%	-2.00%
Max Drawdown (5Y) Largest decline over 5 years	-31.48%	-26.62%	-4.86%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.51%	—
Current Drawdown Current decline from peak	-5.39%	-2.67%	-2.72%
Average Drawdown Average peak-to-trough decline	-6.89%	-43.11%	+36.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	2.01%	+0.32%

Volatility

DSEUX vs. UEPIX - Volatility Comparison

The current volatility for DoubleLine Shiller Enhanced International CAPE (DSEUX) is 3.58%, while ProFunds Europe 30 Fund (UEPIX) has a volatility of 6.36%. This indicates that DSEUX experiences smaller price fluctuations and is considered to be less risky than UEPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DSEUX	UEPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.58%	6.36%	-2.78%
Volatility (6M) Calculated over the trailing 6-month period	10.38%	12.39%	-2.01%
Volatility (1Y) Calculated over the trailing 1-year period	13.56%	15.07%	-1.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.77%	17.13%	-0.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.99%	18.74%	-1.75%

DSEUX vs. UEPIX - Expense Ratio Comparison

DSEUX has a 0.61% expense ratio, which is lower than UEPIX's 1.78% expense ratio.

Dividends

DSEUX vs. UEPIX - Dividend Comparison

DSEUX's dividend yield for the trailing twelve months is around 4.15%, more than UEPIX's 1.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DSEUX DoubleLine Shiller Enhanced International CAPE	4.15%	4.72%	6.88%	5.40%	4.30%	2.14%	1.87%	3.04%	9.19%	5.71%	0.00%	0.00%
UEPIX ProFunds Europe 30 Fund	1.36%	1.66%	0.00%	1.43%	1.98%	0.87%	2.64%	0.82%	12.56%	0.96%	3.21%	11.73%

Frequently Asked Questions

Can I hold both DSEUX and UEPIX in my portfolio?

DSEUX and UEPIX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DSEUX or UEPIX?

UEPIX has higher volatility (6.36%) compared to DSEUX (3.58%). In terms of maximum drawdown, DSEUX dropped -36.27% vs UEPIX's -76.06%.

Which has better risk-adjusted returns?

UEPIX currently has the higher Sharpe Ratio (2.71 vs 2.02), 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.