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 0.73, 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
Key characteristics
FNPIX:
2.14
^DJT:
0.03
FNPIX:
2.98
^DJT:
0.17
FNPIX:
1.38
^DJT:
1.02
FNPIX:
2.27
^DJT:
0.04
FNPIX:
13.02
^DJT:
0.11
FNPIX:
3.47%
^DJT:
4.41%
FNPIX:
21.07%
^DJT:
17.71%
FNPIX:
-93.14%
^DJT:
-60.92%
FNPIX:
-6.13%
^DJT:
-9.29%
Returns By Period
In the year-to-date period, FNPIX achieves a 44.39% return, which is significantly higher than ^DJT's 1.29% return. Over the past 10 years, FNPIX has outperformed ^DJT with an annualized return of 11.22%, while ^DJT has yielded a comparatively lower 5.75% annualized return.
FNPIX
44.39%
-5.77%
29.08%
44.56%
10.04%
11.22%
^DJT
1.29%
-9.00%
5.49%
0.49%
8.07%
5.75%
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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
ProFunds Financials UltraSector Fund (FNPIX) has a higher volatility of 6.47% compared to Dow Jones Transportation Average (^DJT) at 3.88%. 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.