OLA.TO vs. PMPIX
OLA.TO (Orla Mining Ltd.) is a stock, while PMPIX (ProFunds Precious Metals UltraSector Fund) is Leveraged Equities fund managed by ProFunds. Over the past 5 years, OLA.TO returned 20.79%/yr vs 17.86%/yr for PMPIX. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
OLA.TO vs. PMPIX - Performance Comparison
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Different Trading Currencies
OLA.TO is traded in CAD, while PMPIX is traded in USD. To make them comparable, the PMPIX values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, OLA.TO achieves a -33.98% return, which is significantly lower than PMPIX's -26.85% return.
OLA.TO
- 1D
- 0.58%
- 1M
- -16.66%
- 6M
- -42.27%
- YTD
- -33.98%
- 1Y
- -22.62%
- 3Y*
- 26.57%
- 5Y*
- 20.79%
- 10Y*
- —
- ALL TIME*
- 26.25%
PMPIX
- 1D
- -0.63%
- 1M
- -22.48%
- 6M
- -41.19%
- YTD
- -26.85%
- 1Y
- 51.17%
- 3Y*
- 39.63%
- 5Y*
- 17.86%
- 10Y*
- 8.05%
- ALL TIME*
- -0.38%
OLA.TO vs. PMPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OLA.TO Orla Mining Ltd. | -33.98% | 131.91% | 84.26% | -21.17% | 13.46% | -29.59% | 243.00% | 90.48% | -41.01% | 31.85% |
PMPIX ProFunds Precious Metals UltraSector Fund | -26.85% | 256.46% | 14.27% | -4.12% | -15.43% | -14.75% | 25.22% | 65.86% | -14.47% | -21.97% |
Correlation
The correlation between OLA.TO and PMPIX is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2017 | 0.53 |
Over the past year, OLA.TO and PMPIX have become more correlated (0.74) than their long-term average of 0.53, meaning their price movements have been converging.
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Return for Risk
OLA.TO vs. PMPIX — Risk / Return Rank
OLA.TO
PMPIX
OLA.TO vs. PMPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Orla Mining Ltd. (OLA.TO) and ProFunds Precious Metals UltraSector Fund (PMPIX). 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.
| OLA.TO | PMPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.17 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 0.97 | -1.35 |
| Martin ratioReturn relative to average drawdown | -0.84 | 2.22 | -3.06 |
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Drawdowns
OLA.TO vs. PMPIX - Drawdown Comparison
The maximum OLA.TO drawdown since its inception was -59.20%, smaller than the maximum PMPIX drawdown of -92.41%. Use the drawdown chart below to compare losses from any high point for OLA.TO and PMPIX.
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Drawdown Indicators
| OLA.TO | PMPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.20% | -92.41% | +33.21% |
Max Drawdown (1Y)Largest decline over 1 year | -59.20% | -52.80% | -6.40% |
Max Drawdown (3Y)Largest decline over 3 years | -59.20% | -52.80% | -6.40% |
Max Drawdown (5Y)Largest decline over 5 years | -59.20% | -58.07% | -1.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -65.54% | — |
Current DrawdownCurrent decline from peak | -58.97% | -52.80% | -6.17% |
Average DrawdownAverage peak-to-trough decline | -21.63% | -60.19% | +38.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.04% | 23.01% | +4.03% |
Volatility
OLA.TO vs. PMPIX - Volatility Comparison
The current volatility for Orla Mining Ltd. (OLA.TO) is 13.48%, while ProFunds Precious Metals UltraSector Fund (PMPIX) has a volatility of 15.63%. This indicates that OLA.TO experiences smaller price fluctuations and is considered to be less risky than PMPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OLA.TO | PMPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.48% | 15.63% | -2.15% |
Volatility (6M)Calculated over the trailing 6-month period | 52.60% | 57.89% | -5.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.50% | 70.25% | +3.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.10% | 54.14% | +3.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.67% | 53.23% | +3.44% |
Dividends
OLA.TO vs. PMPIX - Dividend Comparison
OLA.TO's dividend yield for the trailing twelve months is around 0.35%, less than PMPIX's 0.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
OLA.TO Orla Mining Ltd. | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% |
PMPIX ProFunds Precious Metals UltraSector Fund | 0.61% | 0.43% | 1.89% | 1.31% | 0.00% |
Frequently Asked Questions
OLA.TO and PMPIX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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