GVPIX vs. OTPIX
GVPIX (ProFunds U.S. Government Plus ProFund) and OTPIX (ProFunds NASDAQ-100 Fund) are both mutual funds - GVPIX is a Leveraged Bonds fund managed by ProFunds, while OTPIX is a Large Cap Growth Equities fund managed by ProFunds. Over the past 10 years, GVPIX returned -6.16%/yr vs 4.33%/yr for OTPIX. Their -0.20 correlation means they have often moved in opposite directions in the past. GVPIX charges 1.41%/yr vs 1.48%/yr for OTPIX.
Performance
GVPIX vs. OTPIX - Performance Comparison
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Returns By Period
In the year-to-date period, GVPIX achieves a -5.62% return, which is significantly lower than OTPIX's 10.39% return. Over the past 10 years, GVPIX has underperformed OTPIX with an annualized return of -6.16%, while OTPIX has yielded a comparatively higher 4.33% annualized return.
GVPIX
- 1D
- -0.17%
- 1M
- -4.07%
- 6M
- -4.71%
- YTD
- -5.62%
- 1Y
- -4.73%
- 3Y*
- -6.71%
- 5Y*
- -13.86%
- 10Y*
- -6.16%
- ALL TIME*
- 1.23%
OTPIX
- 1D
- 3.35%
- 1M
- -4.29%
- 6M
- 9.21%
- YTD
- 10.39%
- 1Y
- 21.79%
- 3Y*
- -24.71%
- 5Y*
- -12.36%
- 10Y*
- 4.33%
- ALL TIME*
- 5.52%
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 |
GVPIX vs. OTPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GVPIX ProFunds U.S. Government Plus ProFund | -5.62% | 1.62% | -14.10% | -1.95% | -41.27% | -7.66% | 20.67% | 18.36% | -5.23% | 9.92% |
OTPIX ProFunds NASDAQ-100 Fund | 10.39% | 18.08% | -69.20% | 51.66% | -34.36% | 48.75% | 45.00% | 36.58% | -1.75% | 29.45% |
Correlation
The correlation between GVPIX and OTPIX is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.10 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.05 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.05 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2003 | -0.20 |
The correlation between GVPIX and OTPIX shifts across timeframes, from -0.20 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GVPIX vs. OTPIX — Risk / Return Rank
GVPIX
OTPIX
GVPIX vs. OTPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds U.S. Government Plus ProFund (GVPIX) and ProFunds NASDAQ-100 Fund (OTPIX). 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.
| GVPIX | OTPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.72 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.18 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 1.51 | -1.79 |
| Martin ratioReturn relative to average drawdown | -0.59 | 4.80 | -5.38 |
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Drawdowns
GVPIX vs. OTPIX - Drawdown Comparison
The maximum GVPIX drawdown since its inception was -64.42%, smaller than the maximum OTPIX drawdown of -79.55%. Use the drawdown chart below to compare losses from any high point for GVPIX and OTPIX.
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Drawdown Indicators
| GVPIX | OTPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.42% | -79.55% | +15.13% |
Max Drawdown (1Y)Largest decline over 1 year | -10.31% | -12.53% | +2.22% |
Max Drawdown (3Y)Largest decline over 3 years | -20.38% | -79.55% | +59.17% |
Max Drawdown (5Y)Largest decline over 5 years | -56.38% | -79.55% | +23.17% |
Max Drawdown (10Y)Largest decline over 10 years | -64.42% | -79.55% | +15.13% |
Current DrawdownCurrent decline from peak | -63.59% | -67.10% | +3.51% |
Average DrawdownAverage peak-to-trough decline | -22.74% | -23.06% | +0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.01% | 3.93% | +1.08% |
Volatility
GVPIX vs. OTPIX - Volatility Comparison
The current volatility for ProFunds U.S. Government Plus ProFund (GVPIX) is 2.93%, while ProFunds NASDAQ-100 Fund (OTPIX) has a volatility of 6.87%. This indicates that GVPIX experiences smaller price fluctuations and is considered to be less risky than OTPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GVPIX | OTPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 6.87% | -3.94% |
Volatility (6M)Calculated over the trailing 6-month period | 8.11% | 15.96% | -7.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.09% | 19.33% | -8.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.86% | 42.03% | -22.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.65% | 33.34% | -13.69% |
GVPIX vs. OTPIX - Expense Ratio Comparison
GVPIX has a 1.41% expense ratio, which is lower than OTPIX's 1.48% expense ratio.
Dividends
GVPIX vs. OTPIX - Dividend Comparison
GVPIX's dividend yield for the trailing twelve months is around 2.09%, more than OTPIX's 1.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
GVPIX ProFunds U.S. Government Plus ProFund | 2.09% | 2.69% | 2.35% | 2.75% | 0.00% | 0.00% | 0.05% | 0.84% | 0.65% |
OTPIX ProFunds NASDAQ-100 Fund | 1.56% | 1.72% | 0.76% | 0.00% | 0.00% | 18.31% | 1.10% | 0.87% | 0.00% |
Frequently Asked Questions
GVPIX and OTPIX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OTPIX has higher volatility (6.87%) compared to GVPIX (2.93%). In terms of maximum drawdown, GVPIX dropped -64.42% vs OTPIX's -79.55%.
OTPIX currently has the higher Sharpe Ratio (0.98 vs -0.27), 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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