GVPIX vs. UOPIX
GVPIX (ProFunds U.S. Government Plus ProFund) and UOPIX (ProFunds UltraNASDAQ-100 Fund) are both mutual funds - GVPIX is a Leveraged Bonds fund managed by ProFunds, while UOPIX is a Leveraged Equities fund managed by ProFunds. Over the past 10 years, GVPIX returned -6.16%/yr vs 30.71%/yr for UOPIX. Their -0.20 correlation means they have often moved in opposite directions in the past. GVPIX charges 1.41%/yr vs 1.47%/yr for UOPIX.
Performance
GVPIX vs. UOPIX - 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 UOPIX's 17.10% return. Over the past 10 years, GVPIX has underperformed UOPIX with an annualized return of -6.16%, while UOPIX has yielded a comparatively higher 30.71% 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%
UOPIX
- 1D
- 6.68%
- 1M
- -8.94%
- 6M
- 15.04%
- YTD
- 17.10%
- 1Y
- 40.33%
- 3Y*
- 33.49%
- 5Y*
- 15.81%
- 10Y*
- 30.71%
- ALL TIME*
- 12.30%
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. UOPIX - 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% |
UOPIX ProFunds UltraNASDAQ-100 Fund | 17.10% | 30.26% | 41.75% | 115.97% | -60.70% | 48.28% | 86.57% | 80.53% | -9.41% | 68.58% |
Correlation
The correlation between GVPIX and UOPIX 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. | 0.06 |
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 UOPIX 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. UOPIX — Risk / Return Rank
GVPIX
UOPIX
GVPIX vs. UOPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds U.S. Government Plus ProFund (GVPIX) and ProFunds UltraNASDAQ-100 Fund (UOPIX). 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 | UOPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.17 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 1.34 | -1.63 |
| Martin ratioReturn relative to average drawdown | -0.59 | 4.02 | -4.61 |
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Drawdowns
GVPIX vs. UOPIX - Drawdown Comparison
The maximum GVPIX drawdown since its inception was -64.42%, smaller than the maximum UOPIX drawdown of -99.00%. Use the drawdown chart below to compare losses from any high point for GVPIX and UOPIX.
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Drawdown Indicators
| GVPIX | UOPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.42% | -99.00% | +34.58% |
Max Drawdown (1Y)Largest decline over 1 year | -10.31% | -24.97% | +14.66% |
Max Drawdown (3Y)Largest decline over 3 years | -20.38% | -42.52% | +22.14% |
Max Drawdown (5Y)Largest decline over 5 years | -56.38% | -65.01% | +8.63% |
Max Drawdown (10Y)Largest decline over 10 years | -64.42% | -65.01% | +0.59% |
Current DrawdownCurrent decline from peak | -63.59% | -17.77% | -45.82% |
Average DrawdownAverage peak-to-trough decline | -22.74% | -67.38% | +44.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.01% | 8.31% | -3.30% |
Volatility
GVPIX vs. UOPIX - Volatility Comparison
The current volatility for ProFunds U.S. Government Plus ProFund (GVPIX) is 2.93%, while ProFunds UltraNASDAQ-100 Fund (UOPIX) has a volatility of 13.71%. This indicates that GVPIX experiences smaller price fluctuations and is considered to be less risky than UOPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GVPIX | UOPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 13.71% | -10.78% |
Volatility (6M)Calculated over the trailing 6-month period | 8.11% | 31.99% | -23.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.09% | 38.71% | -27.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.86% | 46.10% | -26.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.65% | 44.56% | -24.91% |
GVPIX vs. UOPIX - Expense Ratio Comparison
GVPIX has a 1.41% expense ratio, which is lower than UOPIX's 1.47% expense ratio.
Dividends
GVPIX vs. UOPIX - Dividend Comparison
GVPIX's dividend yield for the trailing twelve months is around 2.09%, less than UOPIX's 15.60% 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% |
UOPIX ProFunds UltraNASDAQ-100 Fund | 15.60% | 18.27% | 0.41% | 0.00% | 5.64% | 11.03% | 9.78% | 5.78% | 6.73% |
Frequently Asked Questions
GVPIX and UOPIX 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.
UOPIX has higher volatility (13.71%) compared to GVPIX (2.93%). In terms of maximum drawdown, GVPIX dropped -64.42% vs UOPIX's -99.00%.
UOPIX currently has the higher Sharpe Ratio (0.87 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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