GVPIX vs. UJPIX
GVPIX (ProFunds U.S. Government Plus ProFund) and UJPIX (ProFunds UltraJapan Fund) are both mutual funds - GVPIX is a Leveraged Bonds fund managed by ProFunds, while UJPIX is a Leveraged Equities fund managed by ProFunds. Over the past 10 years, GVPIX returned -6.16%/yr vs 26.70%/yr for UJPIX. Their -0.30 correlation means they have often moved in opposite directions in the past. GVPIX charges 1.41%/yr vs 1.78%/yr for UJPIX.
Performance
GVPIX vs. UJPIX - 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 UJPIX's 51.04% return. Over the past 10 years, GVPIX has underperformed UJPIX with an annualized return of -6.16%, while UJPIX has yielded a comparatively higher 26.70% 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%
UJPIX
- 1D
- 7.89%
- 1M
- -13.79%
- 6M
- 34.98%
- YTD
- 51.04%
- 1Y
- 140.92%
- 3Y*
- 46.83%
- 5Y*
- 35.45%
- 10Y*
- 26.70%
- ALL TIME*
- 8.22%
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. UJPIX - 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% |
UJPIX ProFunds UltraJapan Fund | 51.04% | 60.72% | 28.67% | 70.81% | -21.63% | 6.44% | 23.36% | 40.42% | -25.61% | 39.72% |
Correlation
The correlation between GVPIX and UJPIX is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.01 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.06 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.20 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2003 | -0.30 |
The correlation between GVPIX and UJPIX shifts across timeframes, from -0.30 (all time) to 0.15 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GVPIX vs. UJPIX — Risk / Return Rank
GVPIX
UJPIX
GVPIX vs. UJPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds U.S. Government Plus ProFund (GVPIX) and ProFunds UltraJapan Fund (UJPIX). 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 | UJPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.70 | ||
| Sortino ratioReturn per unit of downside risk | -3.13 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.35 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 4.39 | -4.68 |
| Martin ratioReturn relative to average drawdown | -0.59 | 13.74 | -14.33 |
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Drawdowns
GVPIX vs. UJPIX - Drawdown Comparison
The maximum GVPIX drawdown since its inception was -64.42%, smaller than the maximum UJPIX drawdown of -89.83%. Use the drawdown chart below to compare losses from any high point for GVPIX and UJPIX.
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Drawdown Indicators
| GVPIX | UJPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.42% | -89.83% | +25.41% |
Max Drawdown (1Y)Largest decline over 1 year | -10.31% | -30.55% | +20.24% |
Max Drawdown (3Y)Largest decline over 3 years | -20.38% | -43.92% | +23.54% |
Max Drawdown (5Y)Largest decline over 5 years | -56.38% | -43.92% | -12.46% |
Max Drawdown (10Y)Largest decline over 10 years | -64.42% | -56.99% | -7.43% |
Current DrawdownCurrent decline from peak | -63.59% | -25.07% | -38.52% |
Average DrawdownAverage peak-to-trough decline | -22.74% | -49.70% | +26.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.01% | 9.74% | -4.73% |
Volatility
GVPIX vs. UJPIX - Volatility Comparison
The current volatility for ProFunds U.S. Government Plus ProFund (GVPIX) is 2.93%, while ProFunds UltraJapan Fund (UJPIX) has a volatility of 18.92%. This indicates that GVPIX experiences smaller price fluctuations and is considered to be less risky than UJPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GVPIX | UJPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 18.92% | -15.99% |
Volatility (6M)Calculated over the trailing 6-month period | 8.11% | 45.20% | -37.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.09% | 55.20% | -44.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.86% | 43.66% | -23.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.65% | 41.72% | -22.07% |
GVPIX vs. UJPIX - Expense Ratio Comparison
GVPIX has a 1.41% expense ratio, which is lower than UJPIX's 1.78% expense ratio.
Dividends
GVPIX vs. UJPIX - Dividend Comparison
GVPIX's dividend yield for the trailing twelve months is around 2.09%, less than UJPIX's 26.29% 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% |
UJPIX ProFunds UltraJapan Fund | 26.29% | 39.71% | 0.00% | 0.00% | 0.00% | 14.19% | 0.00% | 0.00% | 2.64% |
Frequently Asked Questions
GVPIX and UJPIX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UJPIX has higher volatility (18.92%) compared to GVPIX (2.93%). In terms of maximum drawdown, GVPIX dropped -64.42% vs UJPIX's -89.83%.
UJPIX currently has the higher Sharpe Ratio (2.43 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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