GRZZX vs. UFPIX
GRZZX (Grizzly Short Fund) and UFPIX (ProFunds UltraShort Latin America Fund) are both Inverse Equities funds. Over the past 10 years, GRZZX returned -1.42%/yr vs -16.73%/yr for UFPIX. A 0.60 correlation means they provide meaningful diversification when combined. GRZZX charges 1.61%/yr vs 1.78%/yr for UFPIX.
Performance
GRZZX vs. UFPIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GRZZX achieves a -5.08% return, which is significantly higher than UFPIX's -32.58% return. Over the past 10 years, GRZZX has outperformed UFPIX with an annualized return of -1.42%, while UFPIX has yielded a comparatively lower -16.73% annualized return.
GRZZX
- 1D
- 0.91%
- 1M
- -0.50%
- YTD
- -5.08%
- 6M
- -3.76%
- 1Y
- -7.65%
- 3Y*
- -6.83%
- 5Y*
- -3.12%
- 10Y*
- -1.42%
UFPIX
- 1D
- -1.13%
- 1M
- 3.70%
- YTD
- -32.58%
- 6M
- -33.36%
- 1Y
- -55.13%
- 3Y*
- 42.81%
- 5Y*
- 10.84%
- 10Y*
- -16.73%
GRZZX vs. UFPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRZZX Grizzly Short Fund | -5.08% | -2.98% | -6.74% | -18.72% | 22.43% | -15.87% | -41.33% | -29.43% | 301.98% | -19.84% |
UFPIX ProFunds UltraShort Latin America Fund | -32.58% | -54.35% | 1,093.05% | -43.28% | -35.80% | -20.05% | -38.78% | -27.84% | -3.97% | -45.62% |
Correlation
The correlation between GRZZX and UFPIX is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2007 | 0.60 |
Over the past year, the correlation between GRZZX and UFPIX has dropped to 0.38 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GRZZX vs. UFPIX — Risk / Return Rank
GRZZX
UFPIX
GRZZX vs. UFPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grizzly Short Fund (GRZZX) and ProFunds UltraShort Latin America Fund (UFPIX). 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.
| GRZZX | UFPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.75 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | -0.86 | +0.24 |
| Martin ratioReturn relative to average drawdown | -1.37 | -1.35 | -0.02 |
Loading charts...
Drawdowns
GRZZX vs. UFPIX - Drawdown Comparison
The maximum GRZZX drawdown since its inception was -91.80%, smaller than the maximum UFPIX drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for GRZZX and UFPIX.
Loading charts...
Drawdown Indicators
| GRZZX | UFPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.80% | -99.86% | +8.06% |
Max Drawdown (1Y)Largest decline over 1 year | -13.89% | -63.51% | +49.62% |
Max Drawdown (3Y)Largest decline over 3 years | -29.48% | -75.57% | +46.09% |
Max Drawdown (5Y)Largest decline over 5 years | -37.65% | -75.57% | +37.92% |
Max Drawdown (10Y)Largest decline over 10 years | -72.45% | -95.97% | +23.52% |
Current DrawdownCurrent decline from peak | -89.42% | -99.48% | +10.06% |
Average DrawdownAverage peak-to-trough decline | -69.39% | -93.52% | +24.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 40.60% | -33.98% |
Volatility
GRZZX vs. UFPIX - Volatility Comparison
The current volatility for Grizzly Short Fund (GRZZX) is 4.52%, while ProFunds UltraShort Latin America Fund (UFPIX) has a volatility of 12.00%. This indicates that GRZZX experiences smaller price fluctuations and is considered to be less risky than UFPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GRZZX | UFPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 12.00% | -7.48% |
Volatility (6M)Calculated over the trailing 6-month period | 10.60% | 33.78% | -23.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.05% | 41.49% | -27.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.60% | 339.55% | -319.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.68% | 244.33% | -147.65% |
GRZZX vs. UFPIX - Expense Ratio Comparison
GRZZX has a 1.61% expense ratio, which is lower than UFPIX's 1.78% expense ratio.
Dividends
GRZZX vs. UFPIX - Dividend Comparison
GRZZX's dividend yield for the trailing twelve months is around 4.82%, less than UFPIX's 14.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GRZZX Grizzly Short Fund | 4.82% | 6.00% | 10.30% | 6.61% | 0.00% | 0.00% | 0.00% | 1.14% |
UFPIX ProFunds UltraShort Latin America Fund | 14.11% | 9.52% | 0.00% | 2.64% | 0.00% | 0.00% | 0.00% | 0.36% |
Frequently Asked Questions
GRZZX and UFPIX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UFPIX has higher volatility (12.00%) compared to GRZZX (4.52%). In terms of maximum drawdown, GRZZX dropped -91.80% vs UFPIX's -99.86%.
GRZZX currently has the higher Sharpe Ratio (-0.62 vs -1.33), 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.
Find the right allocation for GRZZX and UFPIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer