OEPIX vs. UOPIX
OEPIX (Oil Equipment & Services UltraSector ProFund) and UOPIX (ProFunds UltraNASDAQ-100 Fund) are both mutual funds - OEPIX is a Energy Equities fund managed by ProFunds, while UOPIX is a Leveraged Equities fund managed by ProFunds. Over the past 10 years, OEPIX returned -9.97%/yr vs 35.66%/yr for UOPIX. At a 0.45 correlation, their price movements are largely independent. OEPIX charges 1.65%/yr vs 1.47%/yr for UOPIX.
Performance
OEPIX vs. UOPIX - Performance Comparison
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Returns By Period
In the year-to-date period, OEPIX achieves a 61.97% return, which is significantly higher than UOPIX's 38.26% return. Over the past 10 years, OEPIX has underperformed UOPIX with an annualized return of -9.97%, while UOPIX has yielded a comparatively higher 35.66% annualized return.
OEPIX
- 1D
- 1.93%
- 1M
- -16.87%
- YTD
- 61.97%
- 6M
- 62.75%
- 1Y
- 127.51%
- 3Y*
- 18.06%
- 5Y*
- 11.59%
- 10Y*
- -9.97%
UOPIX
- 1D
- -0.47%
- 1M
- 4.79%
- YTD
- 38.26%
- 6M
- 34.47%
- 1Y
- 78.37%
- 3Y*
- 46.03%
- 5Y*
- 21.92%
- 10Y*
- 35.66%
OEPIX vs. UOPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OEPIX Oil Equipment & Services UltraSector ProFund | 61.97% | -1.85% | -15.41% | -3.76% | 88.50% | 14.90% | -67.53% | -4.45% | -58.58% | -22.70% |
UOPIX ProFunds UltraNASDAQ-100 Fund | 38.26% | 30.26% | 41.75% | 115.97% | -60.70% | 48.28% | 86.57% | 80.53% | -9.41% | 68.58% |
Correlation
The correlation between OEPIX and UOPIX is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2006 | 0.45 |
Over the past year, the correlation between OEPIX and UOPIX has dropped to 0.21 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
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Return for Risk
OEPIX vs. UOPIX — Risk / Return Rank
OEPIX
UOPIX
OEPIX vs. UOPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oil Equipment & Services UltraSector ProFund (OEPIX) 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.
| OEPIX | UOPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 5.08 | 3.30 | +1.77 |
| Martin ratioReturn relative to average drawdown | 17.87 | 11.34 | +6.54 |
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Drawdowns
OEPIX vs. UOPIX - Drawdown Comparison
The maximum OEPIX drawdown since its inception was -98.94%, roughly equal to the maximum UOPIX drawdown of -99.00%. Use the drawdown chart below to compare losses from any high point for OEPIX and UOPIX.
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Drawdown Indicators
| OEPIX | UOPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.94% | -99.00% | +0.06% |
Max Drawdown (1Y)Largest decline over 1 year | -22.19% | -24.97% | +2.78% |
Max Drawdown (3Y)Largest decline over 3 years | -65.50% | -42.52% | -22.98% |
Max Drawdown (5Y)Largest decline over 5 years | -65.50% | -65.01% | -0.49% |
Max Drawdown (10Y)Largest decline over 10 years | -96.69% | -65.01% | -31.68% |
Current DrawdownCurrent decline from peak | -91.60% | -2.91% | -88.69% |
Average DrawdownAverage peak-to-trough decline | -70.98% | -67.59% | -3.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.41% | 7.26% | -0.85% |
Volatility
OEPIX vs. UOPIX - Volatility Comparison
The current volatility for Oil Equipment & Services UltraSector ProFund (OEPIX) is 15.46%, while ProFunds UltraNASDAQ-100 Fund (UOPIX) has a volatility of 16.81%. This indicates that OEPIX 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
| OEPIX | UOPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.46% | 16.81% | -1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 30.99% | 28.42% | +2.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.75% | 35.43% | +11.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.72% | 45.59% | +11.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.32% | 44.43% | +17.89% |
OEPIX vs. UOPIX - Expense Ratio Comparison
OEPIX has a 1.65% expense ratio, which is higher than UOPIX's 1.47% expense ratio.
Dividends
OEPIX vs. UOPIX - Dividend Comparison
OEPIX's dividend yield for the trailing twelve months is around 0.54%, less than UOPIX's 13.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
OEPIX Oil Equipment & Services UltraSector ProFund | 0.54% | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.16% | 0.00% | 2.56% | 2.36% | 0.05% |
UOPIX ProFunds UltraNASDAQ-100 Fund | 13.21% | 18.27% | 0.41% | 0.00% | 5.64% | 11.03% | 9.78% | 5.78% | 6.73% | 0.00% | 0.00% |
Frequently Asked Questions
OEPIX and UOPIX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UOPIX has higher volatility (16.81%) compared to OEPIX (15.46%). In terms of maximum drawdown, OEPIX dropped -98.94% vs UOPIX's -99.00%.
OEPIX currently has the higher Sharpe Ratio (2.41 vs 2.33), 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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