OLA.TO vs. PMPIX

Last updated Jun 3, 2026

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 10 years, OLA.TO returned 57.54%/yr vs 14.25%/yr for PMPIX. At a 0.33 correlation, their price movements are largely independent.

Performance

OLA.TO vs. PMPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Orla Mining Ltd. (OLA.TO) and ProFunds Precious Metals UltraSector Fund (PMPIX). The values are adjusted to include any dividend payments, if applicable.

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 -10.74% return, which is significantly lower than PMPIX's 1.11% return. Over the past 10 years, OLA.TO has outperformed PMPIX with an annualized return of 57.54%, while PMPIX has yielded a comparatively lower 14.25% annualized return.

OLA.TO

• 1D: -3.46%
• 1M: -8.86%
• YTD: -10.74%
• 6M: -15.24%
• 1Y: 9.85%
• 3Y*: 38.22%
• 5Y*: 25.46%
• 10Y*: 57.54%

PMPIX

• 1D: -3.42%
• 1M: 3.59%
• YTD: 1.11%
• 6M: 8.89%
• 1Y: 104.59%
• 3Y*: 56.25%
• 5Y*: 20.83%
• 10Y*: 14.25%

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

OLA.TO vs. PMPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OLA.TO Orla Mining Ltd.	-10.74%	131.91%	84.26%	-21.17%	13.46%	-29.59%	243.00%	90.48%	-41.01%	42.40%
PMPIX ProFunds Precious Metals UltraSector Fund	1.11%	256.38%	14.40%	-3.94%	-14.80%	-15.48%	26.10%	64.48%	-14.41%	-0.24%

Correlation

The correlation between OLA.TO and PMPIX is 0.68, 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	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Feb 9, 2010	0.33

Over the past year, OLA.TO and PMPIX have become more correlated (0.68) than their long-term average of 0.33, meaning their price movements have been converging.

Return for Risk

OLA.TO vs. PMPIX — Risk / Return Rank

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

OLA.TO

OLA.TO Risk / Return Rank: 47
OLA.TO Sharpe Ratio Rank: 46
OLA.TO Sortino Ratio Rank: 46
OLA.TO Omega Ratio Rank: 46
OLA.TO Calmar Ratio Rank: 48
OLA.TO Martin Ratio Rank: 48

PMPIX

PMPIX Risk / Return Rank: 35
PMPIX Sharpe Ratio Rank: 37
PMPIX Sortino Ratio Rank: 24
PMPIX Omega Ratio Rank: 32
PMPIX Calmar Ratio Rank: 56
PMPIX Martin Ratio Rank: 30

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.

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.

	OLA.TO	PMPIX	Difference
Sharpe ratio Return per unit of total volatility	0.13	1.84	-1.70
Sortino ratio Return per unit of downside risk	0.70	2.13	-1.43
Omega ratio Gain probability vs. loss probability	1.09	1.30	-0.21
Calmar ratio Return relative to maximum drawdown	0.30	2.93	-2.63
Martin ratio Return relative to average drawdown	0.68	7.29	-6.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OLA.TO vs. PMPIX - Sharpe Ratio Comparison

The current OLA.TO Sharpe Ratio is 0.13, which is lower than the PMPIX Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of OLA.TO and PMPIX, 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

	OLA.TO	PMPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.13	1.84	-1.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.41	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	0.28	+0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.08	+0.09

Drawdowns

OLA.TO vs. PMPIX - Drawdown Comparison

The maximum OLA.TO drawdown since its inception was -97.30%, which is greater than PMPIX's maximum drawdown of -89.81%. Use the drawdown chart below to compare losses from any high point for OLA.TO and PMPIX.

Drawdown Indicators

	OLA.TO	PMPIX	Difference
Max Drawdown Largest peak-to-trough decline	-97.30%	-89.81%	-7.49%
Max Drawdown (1Y) Largest decline over 1 year	-44.52%	-41.31%	-3.21%
Max Drawdown (3Y) Largest decline over 3 years	-44.52%	-41.31%	-3.21%
Max Drawdown (5Y) Largest decline over 5 years	-52.00%	-57.58%	+5.58%
Max Drawdown (10Y) Largest decline over 10 years	-56.61%	-65.76%	+9.15%
Current Drawdown Current decline from peak	-44.52%	-34.44%	-10.08%
Average Drawdown Average peak-to-trough decline	-29.41%	-59.68%	+30.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.89%	16.58%	+3.31%

Volatility

OLA.TO vs. PMPIX - Volatility Comparison

Orla Mining Ltd. (OLA.TO) has a higher volatility of 22.92% compared to ProFunds Precious Metals UltraSector Fund (PMPIX) at 21.41%. This indicates that OLA.TO's price experiences larger fluctuations and is considered to be riskier than PMPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OLA.TO	PMPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.92%	21.41%	+1.51%
Volatility (6M) Calculated over the trailing 6-month period	51.80%	53.39%	-1.59%
Volatility (1Y) Calculated over the trailing 1-year period	73.40%	66.09%	+7.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.28%	50.48%	+7.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.04%	50.57%	+23.47%

Dividends

OLA.TO vs. PMPIX - Dividend Comparison

OLA.TO's dividend yield for the trailing twelve months is around 0.26%, less than PMPIX's 0.43% yield.

Position	TTM	2025	2024	2023	2022
OLA.TO Orla Mining Ltd.	0.26%	0.00%	0.00%	0.00%	0.00%
PMPIX ProFunds Precious Metals UltraSector Fund	0.43%	0.43%	1.89%	1.31%	0.00%

Frequently Asked Questions

Can I hold both OLA.TO and PMPIX in my portfolio?

OLA.TO and PMPIX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.