MGPIX vs. BTCFX
MGPIX (ProFunds Mid Cap Growth Fund) and BTCFX (Bitcoin ProFund Investor Class) are both mutual funds - MGPIX is a Mid Cap Growth Equities fund managed by ProFunds, while BTCFX is a Cryptocurrency fund actively managed by ProFunds. Over the past 3 years, MGPIX returned 11.96%/yr vs 20.33%/yr for BTCFX. Their 0.41 correlation means their historical movements had little consistent relationship. MGPIX charges 1.69%/yr vs 1.18%/yr for BTCFX.
Performance
MGPIX vs. BTCFX - Performance Comparison
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Returns By Period
In the year-to-date period, MGPIX achieves a 14.70% return, which is significantly higher than BTCFX's -29.55% return.
MGPIX
- 1D
- -0.07%
- 1M
- -2.99%
- 6M
- 9.34%
- YTD
- 14.70%
- 1Y
- 20.83%
- 3Y*
- 11.96%
- 5Y*
- 1.06%
- 10Y*
- 6.68%
- ALL TIME*
- 6.71%
BTCFX
- 1D
- -3.03%
- 1M
- 2.15%
- 6M
- -20.67%
- YTD
- -29.55%
- 1Y
- -46.68%
- 3Y*
- 20.33%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 0.37%
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 |
MGPIX vs. BTCFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MGPIX ProFunds Mid Cap Growth Fund | 14.70% | 5.56% | 13.77% | 15.40% | -20.47% | -16.62% |
BTCFX Bitcoin ProFund Investor Class | -29.55% | -11.83% | 102.93% | 133.31% | -64.04% | -3.69% |
Correlation
The correlation between MGPIX and BTCFX is 0.45, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.45 |
Correlation (3Y) Balances recent behavior with more history. | 0.36 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | 0.41 |
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Return for Risk
MGPIX vs. BTCFX — Risk / Return Rank
MGPIX
BTCFX
MGPIX vs. BTCFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Mid Cap Growth Fund (MGPIX) and Bitcoin ProFund Investor Class (BTCFX). 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.
| MGPIX | BTCFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.19 | ||
| Sortino ratioReturn per unit of downside risk | +3.35 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.81 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | -0.89 | +2.84 |
| Martin ratioReturn relative to average drawdown | 7.06 | -1.36 | +8.42 |
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Drawdowns
MGPIX vs. BTCFX - Drawdown Comparison
The maximum MGPIX drawdown since its inception was -54.61%, smaller than the maximum BTCFX drawdown of -77.89%. Use the drawdown chart below to compare losses from any high point for MGPIX and BTCFX.
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Drawdown Indicators
| MGPIX | BTCFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.61% | -77.89% | +23.28% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -54.81% | +44.89% |
Max Drawdown (3Y)Largest decline over 3 years | -25.86% | -54.81% | +28.95% |
Max Drawdown (5Y)Largest decline over 5 years | -43.84% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.84% | — | — |
Current DrawdownCurrent decline from peak | -4.91% | -51.69% | +46.78% |
Average DrawdownAverage peak-to-trough decline | -11.06% | -36.42% | +25.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | 35.75% | -33.02% |
Volatility
MGPIX vs. BTCFX - Volatility Comparison
The current volatility for ProFunds Mid Cap Growth Fund (MGPIX) is 4.43%, while Bitcoin ProFund Investor Class (BTCFX) has a volatility of 9.07%. This indicates that MGPIX experiences smaller price fluctuations and is considered to be less risky than BTCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGPIX | BTCFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 9.07% | -4.64% |
Volatility (6M)Calculated over the trailing 6-month period | 13.89% | 33.83% | -19.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.64% | 44.62% | -26.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.33% | 54.92% | -32.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.26% | 54.92% | -33.66% |
MGPIX vs. BTCFX - Expense Ratio Comparison
MGPIX has a 1.69% expense ratio, which is higher than BTCFX's 1.18% expense ratio.
Dividends
MGPIX vs. BTCFX - Dividend Comparison
MGPIX's dividend yield for the trailing twelve months is around 2.98%, less than BTCFX's 24.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BTCFX Bitcoin ProFund Investor Class | 24.24% | 44.62% | 24.28% | 10.95% | 0.00% | 0.00% | 0.00% |
MGPIX ProFunds Mid Cap Growth Fund | 2.98% | 3.42% | 0.91% | 0.00% | 3.26% | 1.47% | 2.69% |
Frequently Asked Questions
MGPIX and BTCFX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTCFX has higher volatility (9.07%) compared to MGPIX (4.43%). In terms of maximum drawdown, MGPIX dropped -54.61% vs BTCFX's -77.89%.
MGPIX currently has the higher Sharpe Ratio (1.10 vs -1.09), 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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