OTPIX vs. GTRAX
Compare and contrast key facts about ProFunds NASDAQ-100 Fund (OTPIX) and PGIM Global Total Return Fund (GTRAX).
OTPIX is managed by ProFunds. It was launched on Aug 7, 2000. GTRAX is managed by PGIM Investments. It was launched on Jul 6, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OTPIX or GTRAX.
Key characteristics
| OTPIX | GTRAX | |
|---|---|---|
| YTD Return | 22.71% | 1.08% |
| 1Y Return | 30.36% | 8.08% |
| 3Y Return (Ann) | 6.21% | -4.71% |
| 5Y Return (Ann) | 17.27% | -2.56% |
| 10Y Return (Ann) | 15.23% | 0.64% |
| Sharpe Ratio | 1.75 | 1.35 |
| Sortino Ratio | 2.35 | 1.95 |
| Omega Ratio | 1.32 | 1.25 |
| Calmar Ratio | 2.22 | 0.30 |
| Martin Ratio | 7.86 | 4.70 |
| Ulcer Index | 3.87% | 1.62% |
| Daily Std Dev | 17.42% | 5.67% |
| Max Drawdown | -72.58% | -33.05% |
| Current Drawdown | -1.06% | -19.23% |
Correlation
The correlation between OTPIX and GTRAX is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
OTPIX vs. GTRAX - Performance Comparison
In the year-to-date period, OTPIX achieves a 22.71% return, which is significantly higher than GTRAX's 1.08% return. Over the past 10 years, OTPIX has outperformed GTRAX with an annualized return of 15.23%, while GTRAX has yielded a comparatively lower 0.64% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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OTPIX vs. GTRAX - Expense Ratio Comparison
OTPIX has a 1.48% expense ratio, which is higher than GTRAX's 0.88% expense ratio.
Risk-Adjusted Performance
OTPIX vs. GTRAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds NASDAQ-100 Fund (OTPIX) and PGIM Global Total Return Fund (GTRAX). 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
OTPIX vs. GTRAX - Dividend Comparison
OTPIX has not paid dividends to shareholders, while GTRAX's dividend yield for the trailing twelve months is around 3.39%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OTPIX ProFunds NASDAQ-100 Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GTRAX PGIM Global Total Return Fund | 3.39% | 3.68% | 3.88% | 3.29% | 3.62% | 3.38% | 3.42% | 3.18% | 3.73% | 3.55% | 4.26% | 4.34% |
Drawdowns
OTPIX vs. GTRAX - Drawdown Comparison
The maximum OTPIX drawdown since its inception was -72.58%, which is greater than GTRAX's maximum drawdown of -33.05%. Use the drawdown chart below to compare losses from any high point for OTPIX and GTRAX. For additional features, visit the drawdowns tool.
Volatility
OTPIX vs. GTRAX - Volatility Comparison
ProFunds NASDAQ-100 Fund (OTPIX) has a higher volatility of 4.97% compared to PGIM Global Total Return Fund (GTRAX) at 1.89%. This indicates that OTPIX's price experiences larger fluctuations and is considered to be riskier than GTRAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.