MLPIX vs. VOO
Compare and contrast key facts about ProFunds Mid Cap Value Fund (MLPIX) and Vanguard S&P 500 ETF (VOO).
MLPIX is managed by ProFunds. It was launched on Sep 4, 2001. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MLPIX or VOO.
Key characteristics
MLPIX | VOO | |
---|---|---|
YTD Return | 3.66% | 11.83% |
1Y Return | 20.93% | 31.13% |
3Y Return (Ann) | 3.01% | 10.03% |
5Y Return (Ann) | 9.03% | 15.07% |
10Y Return (Ann) | 7.30% | 13.02% |
Sharpe Ratio | 1.13 | 2.60 |
Daily Std Dev | 16.91% | 11.62% |
Max Drawdown | -60.11% | -33.99% |
Current Drawdown | -0.05% | 0.00% |
Correlation
The correlation between MLPIX and VOO is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MLPIX vs. VOO - Performance Comparison
In the year-to-date period, MLPIX achieves a 3.66% return, which is significantly lower than VOO's 11.83% return. Over the past 10 years, MLPIX has underperformed VOO with an annualized return of 7.30%, while VOO has yielded a comparatively higher 13.02% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MLPIX vs. VOO - Expense Ratio Comparison
MLPIX has a 1.78% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
MLPIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Mid Cap Value Fund (MLPIX) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
MLPIX vs. VOO - Dividend Comparison
MLPIX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.32%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ProFunds Mid Cap Value Fund | 0.00% | 0.00% | 0.00% | 0.89% | 0.22% | 0.40% | 3.92% | 10.95% | 0.56% | 0.00% | 4.83% | 0.00% |
Vanguard S&P 500 ETF | 1.32% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
MLPIX vs. VOO - Drawdown Comparison
The maximum MLPIX drawdown since its inception was -60.11%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MLPIX and VOO. For additional features, visit the drawdowns tool.
Volatility
MLPIX vs. VOO - Volatility Comparison
The current volatility for ProFunds Mid Cap Value Fund (MLPIX) is 3.24%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.49%. This indicates that MLPIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.