GVPIX vs. TEPIX
GVPIX (ProFunds U.S. Government Plus ProFund) and TEPIX (ProFunds Technology UltraSector Fund) are both mutual funds - GVPIX is a Leveraged Bonds fund managed by ProFunds, while TEPIX is a Leveraged Equities fund managed by ProFunds. Over the past 10 years, GVPIX returned -6.16%/yr vs 10.94%/yr for TEPIX. 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 TEPIX.
Performance
GVPIX vs. TEPIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GVPIX achieves a -5.62% return, which is significantly lower than TEPIX's 29.95% return. Over the past 10 years, GVPIX has underperformed TEPIX with an annualized return of -6.16%, while TEPIX has yielded a comparatively higher 10.94% 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%
TEPIX
- 1D
- 8.28%
- 1M
- -4.69%
- 6M
- 30.55%
- YTD
- 29.95%
- 1Y
- 51.61%
- 3Y*
- -18.95%
- 5Y*
- -12.90%
- 10Y*
- 10.94%
- ALL TIME*
- 4.22%
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. TEPIX - 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% |
TEPIX ProFunds Technology UltraSector Fund | 29.95% | 30.08% | -71.46% | 91.81% | -51.01% | 46.85% | 64.53% | 71.30% | -5.89% | 49.17% |
Correlation
The correlation between GVPIX and TEPIX is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.07 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.04 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2003 | -0.20 |
The correlation between GVPIX and TEPIX shifts across timeframes, from -0.20 (all time) to 0.12 (1 year), reflecting how their relationship changes across market environments.
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
GVPIX vs. TEPIX — Risk / Return Rank
GVPIX
TEPIX
GVPIX vs. TEPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds U.S. Government Plus ProFund (GVPIX) and ProFunds Technology UltraSector Fund (TEPIX). 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 | TEPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.21 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 1.84 | -2.13 |
| Martin ratioReturn relative to average drawdown | -0.59 | 4.85 | -5.44 |
Loading charts...
Drawdowns
GVPIX vs. TEPIX - Drawdown Comparison
The maximum GVPIX drawdown since its inception was -64.42%, smaller than the maximum TEPIX drawdown of -89.14%. Use the drawdown chart below to compare losses from any high point for GVPIX and TEPIX.
Loading charts...
Drawdown Indicators
| GVPIX | TEPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.42% | -89.14% | +24.72% |
Max Drawdown (1Y)Largest decline over 1 year | -10.31% | -24.64% | +14.33% |
Max Drawdown (3Y)Largest decline over 3 years | -20.38% | -85.79% | +65.41% |
Max Drawdown (5Y)Largest decline over 5 years | -56.38% | -85.79% | +29.41% |
Max Drawdown (10Y)Largest decline over 10 years | -64.42% | -85.79% | +21.37% |
Current DrawdownCurrent decline from peak | -63.59% | -63.89% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -22.74% | -49.94% | +27.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.01% | 9.33% | -4.32% |
Volatility
GVPIX vs. TEPIX - Volatility Comparison
The current volatility for ProFunds U.S. Government Plus ProFund (GVPIX) is 2.93%, while ProFunds Technology UltraSector Fund (TEPIX) has a volatility of 14.74%. This indicates that GVPIX experiences smaller price fluctuations and is considered to be less risky than TEPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GVPIX | TEPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 14.74% | -11.81% |
Volatility (6M)Calculated over the trailing 6-month period | 8.11% | 32.89% | -24.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.09% | 38.48% | -27.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.86% | 52.84% | -32.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.65% | 44.79% | -25.14% |
GVPIX vs. TEPIX - Expense Ratio Comparison
GVPIX has a 1.41% expense ratio, which is lower than TEPIX's 1.48% expense ratio.
Dividends
GVPIX vs. TEPIX - Dividend Comparison
GVPIX's dividend yield for the trailing twelve months is around 2.09%, less than TEPIX's 2.48% 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% |
TEPIX ProFunds Technology UltraSector Fund | 2.48% | 3.22% | 0.00% | 0.37% | 0.00% | 0.90% | 2.31% | 0.00% | 0.23% |
Frequently Asked Questions
GVPIX and TEPIX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TEPIX has higher volatility (14.74%) compared to GVPIX (2.93%). In terms of maximum drawdown, GVPIX dropped -64.42% vs TEPIX's -89.14%.
TEPIX currently has the higher Sharpe Ratio (1.18 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.
Find the right allocation for GVPIX and TEPIX
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