ENPIX vs. AFBIX
ENPIX (ProFunds UltraSector Oil & Gas Fund) and AFBIX (Access Flex Bear High Yield ProFund) are both mutual funds - ENPIX is a Leveraged Equities fund managed by ProFunds, while AFBIX is a Inverse Bonds fund managed by ProFunds. Over the past 10 years, ENPIX returned 7.88%/yr vs -4.10%/yr for AFBIX. Their -0.40 correlation means they have often moved in opposite directions in the past. ENPIX charges 1.51%/yr vs 1.78%/yr for AFBIX.
Performance
ENPIX vs. AFBIX - Performance Comparison
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Returns By Period
In the year-to-date period, ENPIX achieves a 48.84% return, which is significantly higher than AFBIX's -0.91% return. Over the past 10 years, ENPIX has outperformed AFBIX with an annualized return of 7.88%, while AFBIX has yielded a comparatively lower -4.10% annualized return.
ENPIX
- 1D
- 0.83%
- 1M
- 15.87%
- 6M
- 22.86%
- YTD
- 48.84%
- 1Y
- 59.39%
- 3Y*
- 14.50%
- 5Y*
- 28.19%
- 10Y*
- 7.88%
- ALL TIME*
- 5.22%
AFBIX
- 1D
- -0.29%
- 1M
- 0.37%
- 6M
- -0.44%
- YTD
- -0.91%
- 1Y
- -2.99%
- 3Y*
- -4.33%
- 5Y*
- -1.89%
- 10Y*
- -4.10%
- ALL TIME*
- -7.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
ENPIX vs. AFBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENPIX ProFunds UltraSector Oil & Gas Fund | 48.84% | 4.99% | 2.30% | -7.46% | 92.17% | 82.32% | -53.71% | 10.35% | -30.54% | -5.59% |
AFBIX Access Flex Bear High Yield ProFund | -0.91% | -5.24% | -3.07% | -6.30% | 8.01% | -4.55% | -6.63% | -12.62% | -0.42% | -4.51% |
Correlation
The correlation between ENPIX and AFBIX is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | -0.07 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.29 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006 | -0.40 |
The correlation between ENPIX and AFBIX shifts across timeframes, from -0.40 (all time) to 0.15 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ENPIX vs. AFBIX — Risk / Return Rank
ENPIX
AFBIX
ENPIX vs. AFBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraSector Oil & Gas Fund (ENPIX) and Access Flex Bear High Yield ProFund (AFBIX). 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.
| ENPIX | AFBIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.50 | ||
| Sortino ratioReturn per unit of downside risk | +3.26 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 0.88 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | -0.85 | +3.20 |
| Martin ratioReturn relative to average drawdown | 6.10 | -1.42 | +7.51 |
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Drawdowns
ENPIX vs. AFBIX - Drawdown Comparison
The maximum ENPIX drawdown since its inception was -90.12%, which is greater than AFBIX's maximum drawdown of -82.12%. Use the drawdown chart below to compare losses from any high point for ENPIX and AFBIX.
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Drawdown Indicators
| ENPIX | AFBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.12% | -82.12% | -8.00% |
Max Drawdown (1Y)Largest decline over 1 year | -23.01% | -3.56% | -19.45% |
Max Drawdown (3Y)Largest decline over 3 years | -32.27% | -17.80% | -14.47% |
Max Drawdown (5Y)Largest decline over 5 years | -36.48% | -21.74% | -14.74% |
Max Drawdown (10Y)Largest decline over 10 years | -84.54% | -34.59% | -49.95% |
Current DrawdownCurrent decline from peak | -9.70% | -82.01% | +72.31% |
Average DrawdownAverage peak-to-trough decline | -36.77% | -57.96% | +21.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.88% | 2.17% | +6.71% |
Volatility
ENPIX vs. AFBIX - Volatility Comparison
ProFunds UltraSector Oil & Gas Fund (ENPIX) has a higher volatility of 9.02% compared to Access Flex Bear High Yield ProFund (AFBIX) at 0.83%. This indicates that ENPIX's price experiences larger fluctuations and is considered to be riskier than AFBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENPIX | AFBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.02% | 0.83% | +8.19% |
Volatility (6M)Calculated over the trailing 6-month period | 25.12% | 3.18% | +21.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.65% | 3.88% | +27.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.45% | 7.29% | +31.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.70% | 7.89% | +36.81% |
ENPIX vs. AFBIX - Expense Ratio Comparison
ENPIX has a 1.51% expense ratio, which is lower than AFBIX's 1.78% expense ratio.
Dividends
ENPIX vs. AFBIX - Dividend Comparison
ENPIX's dividend yield for the trailing twelve months is around 1.86%, while AFBIX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFBIX Access Flex Bear High Yield ProFund | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ENPIX ProFunds UltraSector Oil & Gas Fund | 1.86% | 2.76% | 3.19% | 0.87% | 2.76% | 1.59% | 1.76% | 1.34% | 1.76% | 0.84% | 0.57% | 0.56% |
Frequently Asked Questions
ENPIX and AFBIX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENPIX has higher volatility (9.02%) compared to AFBIX (0.83%). In terms of maximum drawdown, ENPIX dropped -90.12% vs AFBIX's -82.12%.
ENPIX currently has the higher Sharpe Ratio (1.71 vs -0.79), 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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