OTPIX vs. DOCS

Last updated Aug 5, 2026

OTPIX (ProFunds NASDAQ-100 Fund) is Large Cap Growth Equities fund managed by ProFunds, while DOCS (Doximity, Inc.) is a stock. Over the past 5 years, OTPIX returned -12.09%/yr vs -17.36%/yr for DOCS. Their 0.43 correlation means their historical movements had little consistent relationship.

Performance

OTPIX vs. DOCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds NASDAQ-100 Fund (OTPIX) and Doximity, Inc. (DOCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OTPIX achieves a 13.01% return, which is significantly higher than DOCS's -50.56% return.

OTPIX

• 1D: 1.77%
• 1M: -2.02%
• 6M: 12.77%
• YTD: 13.01%
• 1Y: 22.42%
• 3Y*: -23.33%
• 5Y*: -12.09%
• 10Y*: 4.49%
• ALL TIME*: 5.61%

DOCS

• 1D: 1.06%
• 1M: 0.14%
• 6M: -37.19%
• YTD: -50.56%
• 1Y: -62.45%
• 3Y*: -13.43%
• 5Y*: -17.36%
• 10Y*: —
• ALL TIME*: -11.62%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DOCS Doximity, Inc.	$66.12M	$62.25M	$85.58M
OTPIX ProFunds NASDAQ-100 Fund	$0.00	$0.00	$0.00

OTPIX vs. DOCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
OTPIX ProFunds NASDAQ-100 Fund	13.01%	18.08%	-69.20%	51.66%	-34.36%	35.40%
DOCS Doximity, Inc.	-50.56%	-17.06%	90.41%	-16.45%	-33.05%	21.76%

Correlation

The correlation between OTPIX and DOCS is 0.19, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.19
Correlation (3Y) Balances recent behavior with more history.	0.36
Correlation (5Y) Shows whether the relationship held over a longer period.	0.44
Correlation (All Time) Calculated using the full available price history since Jun 24, 2021	0.43

Over the past year, the correlation between OTPIX and DOCS has dropped to 0.19 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.

Return for Risk

OTPIX vs. DOCS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

OTPIX

OTPIX Risk / Return Rank: 38
OTPIX Sharpe Ratio Rank: 37
OTPIX Sortino Ratio Rank: 35
OTPIX Omega Ratio Rank: 34
OTPIX Calmar Ratio Rank: 46
OTPIX Martin Ratio Rank: 39

DOCS

DOCS Risk / Return Rank: 6
DOCS Sharpe Ratio Rank: 2
DOCS Sortino Ratio Rank: 3
DOCS Omega Ratio Rank: 3
DOCS Calmar Ratio Rank: 10
DOCS Martin Ratio Rank: 14

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

OTPIX vs. DOCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds NASDAQ-100 Fund (OTPIX) and Doximity, Inc. (DOCS). 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.

	OTPIX	DOCS	Difference
Sharpe ratio: Return per unit of total volatility	1.28	-1.14	+2.43
Sortino ratio: Return per unit of downside risk	1.81	-1.81	+3.61
Omega ratio: Gain probability vs. loss probability	1.23	0.74	+0.48
Calmar ratio: Return relative to maximum drawdown	1.98	-0.82	+2.80
Martin ratio: Return relative to average drawdown	6.22	-1.18	+7.41

OTPIX vs. DOCS - Sharpe Ratio Comparison

The current OTPIX Sharpe Ratio is 1.28, which is higher than the DOCS Sharpe Ratio of -1.14. The chart below compares the historical Sharpe Ratios of OTPIX and DOCS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OTPIX vs. DOCS - Drawdown Comparison

The maximum OTPIX drawdown since its inception was -79.55%, roughly equal to the maximum DOCS drawdown of -82.35%. Use the drawdown chart below to compare losses from any high point for OTPIX and DOCS.

Drawdown Indicators

	OTPIX	DOCS	Difference
Max Drawdown Largest peak-to-trough decline	-79.55%	-82.35%	+2.80%
Max Drawdown (1Y) Largest decline over 1 year	-12.53%	-76.03%	+63.50%
Max Drawdown (3Y) Largest decline over 3 years	-79.55%	-78.34%	-1.21%
Max Drawdown (5Y) Largest decline over 5 years	-79.55%	-82.35%	+2.80%
Max Drawdown (10Y) Largest decline over 10 years	-79.55%	—	—
Current Drawdown Current decline from peak	-66.32%	-78.54%	+12.22%
Average Drawdown Average peak-to-trough decline	-23.07%	-57.78%	+34.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.98%	52.73%	-48.75%

Volatility

OTPIX vs. DOCS - Volatility Comparison

The current volatility for ProFunds NASDAQ-100 Fund (OTPIX) is 6.94%, while Doximity, Inc. (DOCS) has a volatility of 10.27%. This indicates that OTPIX experiences smaller price fluctuations and is considered to be less risky than DOCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OTPIX	DOCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.94%	10.27%	-3.33%
Volatility (6M) Calculated over the trailing 6-month period	15.99%	45.52%	-29.53%
Volatility (1Y) Calculated over the trailing 1-year period	19.33%	54.75%	-35.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.03%	67.75%	-25.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.36%	69.41%	-36.05%

Dividends

OTPIX vs. DOCS - Dividend Comparison

OTPIX's dividend yield for the trailing twelve months is around 1.53%, while DOCS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DOCS Doximity, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OTPIX ProFunds NASDAQ-100 Fund	1.53%	1.72%	0.76%	0.00%	0.00%	18.31%	1.10%	0.87%

Frequently Asked Questions

Can I hold both OTPIX and DOCS in my portfolio?

OTPIX and DOCS have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OTPIX or DOCS?

DOCS has higher volatility (10.27%) compared to OTPIX (6.94%). In terms of maximum drawdown, OTPIX dropped -79.55% vs DOCS's -82.35%.

Which has better risk-adjusted returns?

OTPIX currently has the higher Sharpe Ratio (1.28 vs -1.14), 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.