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.
Key characteristics
| FNPIX | ^DJT | |
|---|---|---|
| YTD Return | 17.08% | -2.00% |
| 1Y Return | 48.01% | 14.19% |
| 3Y Return (Ann) | 4.95% | -0.71% |
| 5Y Return (Ann) | 10.79% | 8.26% |
| 10Y Return (Ann) | 12.03% | 7.12% |
| Sharpe Ratio | 2.49 | 0.73 |
| Daily Std Dev | 18.39% | 17.22% |
| Max Drawdown | -93.14% | -60.92% |
| Current Drawdown | -0.51% | -8.56% |
Correlation
The correlation between FNPIX and ^DJT is 0.73, 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
In the year-to-date period, FNPIX achieves a 17.08% return, which is significantly higher than ^DJT's -2.00% return. Over the past 10 years, FNPIX has outperformed ^DJT with an annualized return of 12.03%, while ^DJT has yielded a comparatively lower 7.12% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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
The current volatility for ProFunds Financials UltraSector Fund (FNPIX) is 3.98%, while Dow Jones Transportation Average (^DJT) has a volatility of 5.28%. This indicates that FNPIX experiences smaller price fluctuations and is considered to be less risky than ^DJT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.