EKWAX vs. PMPIX
Compare and contrast key facts about Allspring Precious Metals Fund (EKWAX) and ProFunds Precious Metals UltraSector Fund (PMPIX).
EKWAX is managed by Allspring Global Investments. It was launched on Jan 19, 1998. PMPIX is managed by ProFunds. It was launched on Jun 2, 2002.
Performance
EKWAX vs. PMPIX - Performance Comparison
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EKWAX vs. PMPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EKWAX Allspring Precious Metals Fund | 8.92% | 163.65% | 21.28% | 8.83% | -7.75% | -11.00% | 24.40% | 40.35% | -12.83% | 9.66% |
PMPIX ProFunds Precious Metals UltraSector Fund | 9.64% | 273.51% | 5.35% | -1.78% | -20.47% | -14.71% | 28.27% | 72.99% | -21.10% | 6.55% |
Returns By Period
In the year-to-date period, EKWAX achieves a 8.92% return, which is significantly lower than PMPIX's 9.64% return. Both investments have delivered pretty close results over the past 10 years, with EKWAX having a 18.20% annualized return and PMPIX not far behind at 18.11%.
EKWAX
- 1D
- 6.98%
- 1M
- -18.83%
- YTD
- 8.92%
- 6M
- 26.99%
- 1Y
- 114.34%
- 3Y*
- 49.72%
- 5Y*
- 27.92%
- 10Y*
- 18.20%
PMPIX
- 1D
- 10.07%
- 1M
- -28.95%
- YTD
- 9.64%
- 6M
- 25.93%
- 1Y
- 162.99%
- 3Y*
- 55.62%
- 5Y*
- 25.37%
- 10Y*
- 18.11%
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EKWAX vs. PMPIX - Expense Ratio Comparison
EKWAX has a 1.09% expense ratio, which is lower than PMPIX's 1.53% expense ratio.
Return for Risk
EKWAX vs. PMPIX — Risk / Return Rank
EKWAX
PMPIX
EKWAX vs. PMPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Precious Metals Fund (EKWAX) and ProFunds Precious Metals UltraSector Fund (PMPIX). 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.
| EKWAX | PMPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.63 | 2.42 | +0.21 |
Sortino ratioReturn per unit of downside risk | 2.76 | 2.45 | +0.30 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.37 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 4.00 | 4.00 | +0.01 |
Martin ratioReturn relative to average drawdown | 14.89 | 13.58 | +1.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EKWAX | PMPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.63 | 2.42 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 0.49 | +0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.34 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.08 | +0.25 |
Correlation
The correlation between EKWAX and PMPIX is 0.95, 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.
Dividends
EKWAX vs. PMPIX - Dividend Comparison
EKWAX's dividend yield for the trailing twelve months is around 1.10%, more than PMPIX's 0.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
EKWAX Allspring Precious Metals Fund | 1.10% | 1.19% | 0.84% | 0.00% | 2.01% | 1.35% | 1.45% | 0.11% | 0.00% | 1.34% | 1.11% |
PMPIX ProFunds Precious Metals UltraSector Fund | 0.39% | 0.43% | 1.89% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EKWAX vs. PMPIX - Drawdown Comparison
The maximum EKWAX drawdown since its inception was -76.76%, smaller than the maximum PMPIX drawdown of -94.34%. Use the drawdown chart below to compare losses from any high point for EKWAX and PMPIX.
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Drawdown Indicators
| EKWAX | PMPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.76% | -94.34% | +17.58% |
Max Drawdown (1Y)Largest decline over 1 year | -29.03% | -41.66% | +12.63% |
Max Drawdown (5Y)Largest decline over 5 years | -42.79% | -61.05% | +18.26% |
Max Drawdown (10Y)Largest decline over 10 years | -49.23% | -65.94% | +16.71% |
Current DrawdownCurrent decline from peak | -19.01% | -36.81% | +17.80% |
Average DrawdownAverage peak-to-trough decline | -32.85% | -59.85% | +27.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.81% | 12.27% | -4.46% |
Volatility
EKWAX vs. PMPIX - Volatility Comparison
The current volatility for Allspring Precious Metals Fund (EKWAX) is 17.42%, while ProFunds Precious Metals UltraSector Fund (PMPIX) has a volatility of 26.22%. This indicates that EKWAX experiences smaller price fluctuations and is considered to be less risky than PMPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EKWAX | PMPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.42% | 26.22% | -8.80% |
Volatility (6M)Calculated over the trailing 6-month period | 36.22% | 56.77% | -20.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.87% | 67.99% | -24.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.80% | 52.25% | -19.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.17% | 52.91% | -19.74% |