OTPIX vs. IOLZX
OTPIX (ProFunds NASDAQ-100 Fund) and IOLZX (ICON Equity Fund) are both Large Cap Growth Equities funds. Over the past 10 years, OTPIX returned 5.88%/yr vs 15.29%/yr for IOLZX. A 0.75 correlation means they provide meaningful diversification when combined. OTPIX charges 1.48%/yr vs 1.04%/yr for IOLZX.
Performance
OTPIX vs. IOLZX - Performance Comparison
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Returns By Period
In the year-to-date period, OTPIX achieves a 15.49% return, which is significantly lower than IOLZX's 28.62% return. Over the past 10 years, OTPIX has underperformed IOLZX with an annualized return of 5.88%, while IOLZX has yielded a comparatively higher 15.29% annualized return.
OTPIX
- 1D
- -3.29%
- 1M
- -0.58%
- YTD
- 15.49%
- 6M
- 13.63%
- 1Y
- 30.57%
- 3Y*
- -22.17%
- 5Y*
- -10.87%
- 10Y*
- 5.88%
IOLZX
- 1D
- -1.73%
- 1M
- 5.43%
- YTD
- 28.62%
- 6M
- 26.46%
- 1Y
- 49.69%
- 3Y*
- 24.34%
- 5Y*
- 11.29%
- 10Y*
- 15.29%
OTPIX vs. IOLZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OTPIX ProFunds NASDAQ-100 Fund | 15.49% | 18.08% | -69.20% | 51.66% | -34.36% | 48.75% | 45.00% | 36.58% | -1.75% | 29.45% |
IOLZX ICON Equity Fund | 28.62% | 15.81% | 16.87% | 12.13% | -17.78% | 26.72% | 16.00% | 38.22% | -16.69% | 26.78% |
Correlation
The correlation between OTPIX and IOLZX is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2004 | 0.75 |
The correlation between OTPIX and IOLZX shifts across timeframes, from 0.60 (3 years) to 0.75 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
OTPIX vs. IOLZX — Risk / Return Rank
OTPIX
IOLZX
OTPIX vs. IOLZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds NASDAQ-100 Fund (OTPIX) and ICON Equity Fund (IOLZX). 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 | IOLZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.44 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 3.59 | -0.98 |
| Martin ratioReturn relative to average drawdown | 9.52 | 12.71 | -3.19 |
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Drawdowns
OTPIX vs. IOLZX - Drawdown Comparison
The maximum OTPIX drawdown since its inception was -79.55%, which is greater than IOLZX's maximum drawdown of -56.03%. Use the drawdown chart below to compare losses from any high point for OTPIX and IOLZX.
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Drawdown Indicators
| OTPIX | IOLZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.55% | -56.03% | -23.52% |
Max Drawdown (1Y)Largest decline over 1 year | -12.53% | -14.35% | +1.82% |
Max Drawdown (3Y)Largest decline over 3 years | -79.55% | -24.71% | -54.84% |
Max Drawdown (5Y)Largest decline over 5 years | -79.55% | -27.77% | -51.78% |
Max Drawdown (10Y)Largest decline over 10 years | -79.55% | -41.04% | -38.51% |
Current DrawdownCurrent decline from peak | -65.58% | -1.73% | -63.85% |
Average DrawdownAverage peak-to-trough decline | -22.88% | -12.60% | -10.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.43% | 4.05% | -0.62% |
Volatility
OTPIX vs. IOLZX - Volatility Comparison
ProFunds NASDAQ-100 Fund (OTPIX) has a higher volatility of 9.03% compared to ICON Equity Fund (IOLZX) at 7.40%. This indicates that OTPIX's price experiences larger fluctuations and is considered to be riskier than IOLZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OTPIX | IOLZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.03% | 7.40% | +1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 14.53% | 15.99% | -1.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.99% | 19.65% | -1.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.92% | 21.56% | +20.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.30% | 22.36% | +10.94% |
OTPIX vs. IOLZX - Expense Ratio Comparison
OTPIX has a 1.48% expense ratio, which is higher than IOLZX's 1.04% expense ratio.
Dividends
OTPIX vs. IOLZX - Dividend Comparison
OTPIX's dividend yield for the trailing twelve months is around 1.49%, less than IOLZX's 8.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IOLZX ICON Equity Fund | 8.31% | 10.69% | 22.21% | 4.75% | 18.57% | 14.12% | 0.00% | 3.46% | 1.60% |
OTPIX ProFunds NASDAQ-100 Fund | 1.49% | 1.72% | 0.76% | 0.00% | 0.00% | 18.31% | 1.10% | 0.87% | 0.00% |
Frequently Asked Questions
OTPIX and IOLZX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OTPIX has higher volatility (9.03%) compared to IOLZX (7.40%). In terms of maximum drawdown, OTPIX dropped -79.55% vs IOLZX's -56.03%.
IOLZX currently has the higher Sharpe Ratio (2.63 vs 1.82), 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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