LVPIX vs. BIPIX

Last updated Jun 3, 2026

LVPIX (ProFunds Large Cap Value ProFund) and BIPIX (ProFunds Biotechnology UltraSector Fund) are both mutual funds - LVPIX is a Large Cap Value Equities fund managed by ProFunds, while BIPIX is a Leveraged Equities fund managed by ProFunds. Over the past 10 years, LVPIX returned 9.62%/yr vs 6.81%/yr for BIPIX. A 0.60 correlation means they provide meaningful diversification when combined. LVPIX charges 1.71%/yr vs 1.49%/yr for BIPIX.

Performance

LVPIX vs. BIPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Large Cap Value ProFund (LVPIX) and ProFunds Biotechnology UltraSector Fund (BIPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LVPIX achieves a 6.67% return, which is significantly lower than BIPIX's 11.63% return. Over the past 10 years, LVPIX has outperformed BIPIX with an annualized return of 9.62%, while BIPIX has yielded a comparatively lower 6.81% annualized return.

LVPIX

• 1D: -0.55%
• 1M: 1.39%
• YTD: 6.67%
• 6M: 7.34%
• 1Y: 19.76%
• 3Y*: 12.74%
• 5Y*: 8.31%
• 10Y*: 9.62%

BIPIX

• 1D: -3.48%
• 1M: 3.13%
• YTD: 11.63%
• 6M: 16.74%
• 1Y: 99.84%
• 3Y*: 7.19%
• 5Y*: 2.14%
• 10Y*: 6.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LVPIX vs. BIPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LVPIX ProFunds Large Cap Value ProFund	6.67%	11.31%	7.60%	19.78%	-6.86%	22.81%	-0.60%	29.32%	-10.35%	12.88%
BIPIX ProFunds Biotechnology UltraSector Fund	11.63%	47.99%	-25.91%	9.55%	-13.43%	5.00%	19.94%	23.65%	-12.15%	34.71%

Correlation

The correlation between LVPIX and BIPIX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (10Y) Calculated over the trailing 10-year period	0.55
Correlation (All Time) Calculated using the full available price history since Oct 1, 2002	0.60

The correlation between LVPIX and BIPIX shifts across timeframes, from 0.46 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LVPIX vs. BIPIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LVPIX

LVPIX Risk / Return Rank: 53
LVPIX Sharpe Ratio Rank: 48
LVPIX Sortino Ratio Rank: 46
LVPIX Omega Ratio Rank: 45
LVPIX Calmar Ratio Rank: 66
LVPIX Martin Ratio Rank: 60

BIPIX

BIPIX Risk / Return Rank: 81
BIPIX Sharpe Ratio Rank: 88
BIPIX Sortino Ratio Rank: 72
BIPIX Omega Ratio Rank: 56
BIPIX Calmar Ratio Rank: 97
BIPIX Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LVPIX vs. BIPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Large Cap Value ProFund (LVPIX) and ProFunds Biotechnology UltraSector Fund (BIPIX). 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.

	LVPIX	BIPIX	Difference
Sharpe ratio Return per unit of total volatility	2.05	2.87	-0.82
Sortino ratio Return per unit of downside risk	2.87	3.55	-0.68
Omega ratio Gain probability vs. loss probability	1.36	1.42	-0.05
Calmar ratio Return relative to maximum drawdown	3.14	6.78	-3.64
Martin ratio Return relative to average drawdown	11.90	20.90	-9.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LVPIX vs. BIPIX - Sharpe Ratio Comparison

The current LVPIX Sharpe Ratio is 2.05, which is comparable to the BIPIX Sharpe Ratio of 2.87. The chart below compares the historical Sharpe Ratios of LVPIX and BIPIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LVPIX	BIPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	2.87	-0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.05	+0.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.19	+0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.16	+0.25

Drawdowns

LVPIX vs. BIPIX - Drawdown Comparison

The maximum LVPIX drawdown since its inception was -62.54%, smaller than the maximum BIPIX drawdown of -84.51%. Use the drawdown chart below to compare losses from any high point for LVPIX and BIPIX.

Drawdown Indicators

	LVPIX	BIPIX	Difference
Max Drawdown Largest peak-to-trough decline	-62.54%	-84.51%	+21.97%
Max Drawdown (1Y) Largest decline over 1 year	-6.39%	-15.15%	+8.76%
Max Drawdown (3Y) Largest decline over 3 years	-19.80%	-59.50%	+39.70%
Max Drawdown (5Y) Largest decline over 5 years	-19.80%	-63.86%	+44.06%
Max Drawdown (10Y) Largest decline over 10 years	-37.21%	-63.86%	+26.65%
Current Drawdown Current decline from peak	-0.69%	-10.56%	+9.87%
Average Drawdown Average peak-to-trough decline	-9.71%	-37.23%	+27.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.69%	4.91%	-3.22%

Volatility

LVPIX vs. BIPIX - Volatility Comparison

The current volatility for ProFunds Large Cap Value ProFund (LVPIX) is 2.16%, while ProFunds Biotechnology UltraSector Fund (BIPIX) has a volatility of 12.45%. This indicates that LVPIX experiences smaller price fluctuations and is considered to be less risky than BIPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LVPIX	BIPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.16%	12.45%	-10.29%
Volatility (6M) Calculated over the trailing 6-month period	7.07%	29.59%	-22.52%
Volatility (1Y) Calculated over the trailing 1-year period	9.79%	37.82%	-28.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.52%	39.59%	-25.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.52%	36.31%	-19.79%

LVPIX vs. BIPIX - Expense Ratio Comparison

LVPIX has a 1.71% expense ratio, which is higher than BIPIX's 1.49% expense ratio.

Dividends

LVPIX vs. BIPIX - Dividend Comparison

LVPIX's dividend yield for the trailing twelve months is around 4.13%, more than BIPIX's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIPIX ProFunds Biotechnology UltraSector Fund	0.33%	0.37%	0.23%	6.69%	0.00%	0.79%	12.09%	3.26%	5.52%	7.19%	0.00%	0.00%
LVPIX ProFunds Large Cap Value ProFund	4.13%	4.40%	0.00%	0.00%	0.17%	0.67%	0.00%	0.00%	3.93%	0.64%	0.22%	1.26%

Frequently Asked Questions

Can I hold both LVPIX and BIPIX in my portfolio?

LVPIX and BIPIX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LVPIX or BIPIX?

BIPIX has higher volatility (12.45%) compared to LVPIX (2.16%). In terms of maximum drawdown, LVPIX dropped -62.54% vs BIPIX's -84.51%.

Which has better risk-adjusted returns?

BIPIX currently has the higher Sharpe Ratio (2.87 vs 2.05), 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.