Correlation
The correlation between PMPIX and OLA.TO is 0.12, 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.
PMPIX vs. OLA.TO
Compare and contrast key facts about ProFunds Precious Metals UltraSector Fund (PMPIX) and Orla Mining Ltd. (OLA.TO).
PMPIX is managed by ProFunds. It was launched on Jun 2, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMPIX or OLA.TO.
Performance
PMPIX vs. OLA.TO - Performance Comparison
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Key characteristics
PMPIX:
1.13
OLA.TO:
2.86
PMPIX:
1.62
OLA.TO:
3.00
PMPIX:
1.21
OLA.TO:
1.40
PMPIX:
0.67
OLA.TO:
4.21
PMPIX:
3.91
OLA.TO:
18.73
PMPIX:
14.45%
OLA.TO:
7.82%
PMPIX:
51.01%
OLA.TO:
52.78%
PMPIX:
-94.11%
OLA.TO:
-97.30%
PMPIX:
-72.66%
OLA.TO:
-12.56%
Returns By Period
In the year-to-date period, PMPIX achieves a 70.26% return, which is significantly lower than OLA.TO's 78.39% return. Over the past 10 years, PMPIX has underperformed OLA.TO with an annualized return of 7.36%, while OLA.TO has yielded a comparatively higher 63.35% annualized return.
PMPIX
70.26%
2.18%
48.48%
57.12%
11.18%
4.47%
7.36%
OLA.TO
78.39%
-1.93%
110.06%
150.44%
40.32%
32.71%
63.35%
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Risk-Adjusted Performance
PMPIX vs. OLA.TO — Risk-Adjusted Performance Rank
PMPIX
OLA.TO
PMPIX vs. OLA.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Precious Metals UltraSector Fund (PMPIX) and Orla Mining Ltd. (OLA.TO). 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.
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Dividends
PMPIX vs. OLA.TO - Dividend Comparison
PMPIX's dividend yield for the trailing twelve months is around 1.11%, while OLA.TO has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | |
---|---|---|---|---|
PMPIX ProFunds Precious Metals UltraSector Fund | 1.11% | 1.89% | 1.31% | 0.00% |
OLA.TO Orla Mining Ltd. | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PMPIX vs. OLA.TO - Drawdown Comparison
The maximum PMPIX drawdown since its inception was -94.11%, roughly equal to the maximum OLA.TO drawdown of -97.30%. Use the drawdown chart below to compare losses from any high point for PMPIX and OLA.TO.
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Volatility
PMPIX vs. OLA.TO - Volatility Comparison
The current volatility for ProFunds Precious Metals UltraSector Fund (PMPIX) is 19.51%, while Orla Mining Ltd. (OLA.TO) has a volatility of 25.61%. This indicates that PMPIX experiences smaller price fluctuations and is considered to be less risky than OLA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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