PMPIX vs. DXRLX

Last updated Jun 4, 2026

PMPIX (ProFunds Precious Metals UltraSector Fund) and DXRLX (Direxion Monthly Small Cap Bull 1.75X Fund) are both Leveraged Equities funds. Over the past 10 years, PMPIX returned 13.65%/yr vs 12.74%/yr for DXRLX. At a 0.26 correlation, their price movements are largely independent. PMPIX charges 1.53%/yr vs 1.35%/yr for DXRLX.

Performance

PMPIX vs. DXRLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Precious Metals UltraSector Fund (PMPIX) and Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PMPIX achieves a 1.73% return, which is significantly lower than DXRLX's 30.58% return. Over the past 10 years, PMPIX has outperformed DXRLX with an annualized return of 13.65%, while DXRLX has yielded a comparatively lower 12.74% annualized return.

PMPIX

• 1D: 1.48%
• 1M: 3.49%
• YTD: 1.73%
• 6M: 11.38%
• 1Y: 105.81%
• 3Y*: 55.43%
• 5Y*: 19.06%
• 10Y*: 13.65%

DXRLX

• 1D: 1.58%
• 1M: 8.33%
• YTD: 30.58%
• 6M: 27.67%
• 1Y: 70.57%
• 3Y*: 23.98%
• 5Y*: 2.80%
• 10Y*: 12.74%

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

PMPIX vs. DXRLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PMPIX ProFunds Precious Metals UltraSector Fund	1.73%	273.51%	5.35%	-1.78%	-20.47%	-14.71%	28.27%	72.99%	-21.10%	6.55%
DXRLX Direxion Monthly Small Cap Bull 1.75X Fund	30.58%	15.22%	10.66%	20.05%	-40.24%	26.84%	20.98%	46.08%	-27.45%	27.06%

Correlation

The correlation between PMPIX and DXRLX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (10Y) Calculated over the trailing 10-year period	0.19
Correlation (All Time) Calculated using the full available price history since Jun 3, 2002	0.26

The correlation between PMPIX and DXRLX shifts across timeframes, from 0.19 (10 years) to 0.34 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

PMPIX vs. DXRLX — Risk / Return Rank

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

PMPIX

PMPIX Risk / Return Rank: 29
PMPIX Sharpe Ratio Rank: 30
PMPIX Sortino Ratio Rank: 21
PMPIX Omega Ratio Rank: 28
PMPIX Calmar Ratio Rank: 43
PMPIX Martin Ratio Rank: 24

DXRLX

DXRLX Risk / Return Rank: 60
DXRLX Sharpe Ratio Rank: 59
DXRLX Sortino Ratio Rank: 47
DXRLX Omega Ratio Rank: 41
DXRLX Calmar Ratio Rank: 84
DXRLX Martin Ratio Rank: 72

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.

PMPIX vs. DXRLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Precious Metals UltraSector Fund (PMPIX) and Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX). 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.

	PMPIX	DXRLX	Difference
Sharpe ratio: Return per unit of total volatility	1.56	2.26	-0.71
Sortino ratio: Return per unit of downside risk	1.93	2.90	-0.97
Omega ratio: Gain probability vs. loss probability	1.27	1.35	-0.07
Calmar ratio: Return relative to maximum drawdown	2.49	3.91	-1.41
Martin ratio: Return relative to average drawdown	6.11	13.74	-7.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PMPIX vs. DXRLX - Sharpe Ratio Comparison

The current PMPIX Sharpe Ratio is 1.56, which is lower than the DXRLX Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of PMPIX and DXRLX, 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

	PMPIX	DXRLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	2.26	-0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.07	+0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	0.26	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.05	+0.03

Drawdowns

PMPIX vs. DXRLX - Drawdown Comparison

The maximum PMPIX drawdown since its inception was -94.34%, roughly equal to the maximum DXRLX drawdown of -94.32%. Use the drawdown chart below to compare losses from any high point for PMPIX and DXRLX.

Drawdown Indicators

	PMPIX	DXRLX	Difference
Max Drawdown Largest peak-to-trough decline	-94.34%	-94.32%	-0.02%
Max Drawdown (1Y) Largest decline over 1 year	-41.66%	-19.38%	-22.28%
Max Drawdown (3Y) Largest decline over 3 years	-41.66%	-45.58%	+3.92%
Max Drawdown (5Y) Largest decline over 5 years	-61.05%	-57.64%	-3.41%
Max Drawdown (10Y) Largest decline over 10 years	-65.94%	-77.63%	+11.69%
Current Drawdown Current decline from peak	-41.37%	-0.26%	-41.11%
Average Drawdown Average peak-to-trough decline	-59.69%	-34.61%	-25.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.96%	5.50%	+11.46%

Volatility

PMPIX vs. DXRLX - Volatility Comparison

ProFunds Precious Metals UltraSector Fund (PMPIX) has a higher volatility of 21.63% compared to Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX) at 9.70%. This indicates that PMPIX's price experiences larger fluctuations and is considered to be riskier than DXRLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PMPIX	DXRLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.63%	9.70%	+11.93%
Volatility (6M) Calculated over the trailing 6-month period	54.56%	23.73%	+30.83%
Volatility (1Y) Calculated over the trailing 1-year period	67.21%	33.42%	+33.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.08%	41.63%	+11.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.51%	49.20%	+3.31%

PMPIX vs. DXRLX - Expense Ratio Comparison

PMPIX has a 1.53% expense ratio, which is higher than DXRLX's 1.35% expense ratio.

Dividends

PMPIX vs. DXRLX - Dividend Comparison

PMPIX's dividend yield for the trailing twelve months is around 0.42%, less than DXRLX's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DXRLX Direxion Monthly Small Cap Bull 1.75X Fund	1.59%	1.23%	0.66%	0.00%	2.27%	0.84%	0.71%	3.76%	7.60%
PMPIX ProFunds Precious Metals UltraSector Fund	0.42%	0.43%	1.89%	1.31%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PMPIX and DXRLX in my portfolio?

PMPIX and DXRLX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PMPIX or DXRLX?

PMPIX has higher volatility (21.63%) compared to DXRLX (9.70%). In terms of maximum drawdown, PMPIX dropped -94.34% vs DXRLX's -94.32%.

Which has better risk-adjusted returns?

DXRLX currently has the higher Sharpe Ratio (2.26 vs 1.56), 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.