FNPIX vs. ^DJT
Compare and contrast key facts about ProFunds Financials UltraSector Fund (FNPIX) and Dow Jones Transportation Average (^DJT).
FNPIX is managed by ProFunds. It was launched on Jun 18, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNPIX or ^DJT.
Correlation
The correlation between FNPIX and ^DJT is 0.85, 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.
Performance
FNPIX vs. ^DJT - Performance Comparison
Key characteristics
FNPIX:
0.64
^DJT:
-0.44
FNPIX:
1.05
^DJT:
-0.48
FNPIX:
1.15
^DJT:
0.94
FNPIX:
0.84
^DJT:
-0.36
FNPIX:
3.11
^DJT:
-1.14
FNPIX:
6.24%
^DJT:
9.16%
FNPIX:
30.37%
^DJT:
23.86%
FNPIX:
-93.14%
^DJT:
-60.92%
FNPIX:
-12.61%
^DJT:
-23.98%
Returns By Period
In the year-to-date period, FNPIX achieves a -2.43% return, which is significantly higher than ^DJT's -15.09% return. Over the past 10 years, FNPIX has outperformed ^DJT with an annualized return of 10.82%, while ^DJT has yielded a comparatively lower 4.37% annualized return.
FNPIX
-2.43%
-7.54%
0.71%
20.56%
20.23%
10.82%
^DJT
-15.09%
-9.37%
-16.19%
-11.77%
10.80%
4.37%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
FNPIX vs. ^DJT — Risk-Adjusted Performance Rank
FNPIX
^DJT
FNPIX vs. ^DJT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Financials UltraSector Fund (FNPIX) and Dow Jones Transportation Average (^DJT). 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.
Drawdowns
FNPIX vs. ^DJT - Drawdown Comparison
The maximum FNPIX drawdown since its inception was -93.14%, which is greater than ^DJT's maximum drawdown of -60.92%. Use the drawdown chart below to compare losses from any high point for FNPIX and ^DJT. For additional features, visit the drawdowns tool.
Volatility
FNPIX vs. ^DJT - Volatility Comparison
ProFunds Financials UltraSector Fund (FNPIX) has a higher volatility of 20.48% compared to Dow Jones Transportation Average (^DJT) at 16.38%. This indicates that FNPIX's price experiences larger fluctuations and is considered to be riskier than ^DJT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.