REPIX vs. CNPIX

Last updated Jun 4, 2026

REPIX (ProFunds Real Estate UltraSector Fund) and CNPIX (ProFunds Consumer Goods UltraSector Fund) are both Leveraged Equities funds from ProFunds. Over the past 10 years, REPIX returned 3.38%/yr vs 13.51%/yr for CNPIX. A 0.63 correlation means they provide meaningful diversification when combined. REPIX charges 1.55%/yr vs 1.78%/yr for CNPIX.

Performance

REPIX vs. CNPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Real Estate UltraSector Fund (REPIX) and ProFunds Consumer Goods UltraSector Fund (CNPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REPIX achieves a 10.11% return, which is significantly higher than CNPIX's 6.47% return. Over the past 10 years, REPIX has underperformed CNPIX with an annualized return of 3.38%, while CNPIX has yielded a comparatively higher 13.51% annualized return.

REPIX

• 1D: 0.65%
• 1M: -2.46%
• YTD: 10.11%
• 6M: 8.59%
• 1Y: 5.95%
• 3Y*: 7.36%
• 5Y*: -2.05%
• 10Y*: 3.38%

CNPIX

• 1D: -0.32%
• 1M: -3.41%
• YTD: 6.47%
• 6M: 5.02%
• 1Y: -3.00%
• 3Y*: 3.93%
• 5Y*: -1.77%
• 10Y*: 13.51%

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

REPIX vs. CNPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
REPIX ProFunds Real Estate UltraSector Fund	10.11%	-1.98%	0.89%	10.34%	-38.59%	59.56%	-15.75%	41.02%	-9.97%	11.32%
CNPIX ProFunds Consumer Goods UltraSector Fund	6.47%	-3.43%	12.77%	2.93%	-36.57%	26.52%	188.12%	40.51%	-22.66%	20.89%

Correlation

The correlation between REPIX and CNPIX is 0.50, 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	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.59
Correlation (All Time) Calculated using the full available price history since Feb 2, 2004	0.63

The correlation between REPIX and CNPIX shifts across timeframes, from 0.50 (1 year) to 0.63 (all time), reflecting how their relationship changes across market environments.

Return for Risk

REPIX vs. CNPIX — Risk / Return Rank

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

REPIX

REPIX Risk / Return Rank: 4
REPIX Sharpe Ratio Rank: 4
REPIX Sortino Ratio Rank: 4
REPIX Omega Ratio Rank: 4
REPIX Calmar Ratio Rank: 5
REPIX Martin Ratio Rank: 5

CNPIX

CNPIX Risk / Return Rank: 2
CNPIX Sharpe Ratio Rank: 2
CNPIX Sortino Ratio Rank: 2
CNPIX Omega Ratio Rank: 2
CNPIX Calmar Ratio Rank: 2
CNPIX Martin Ratio Rank: 2

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.

REPIX vs. CNPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Real Estate UltraSector Fund (REPIX) and ProFunds Consumer Goods UltraSector Fund (CNPIX). 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.

	REPIX	CNPIX	Difference
Sharpe ratio: Return per unit of total volatility	0.26	-0.17	+0.43
Sortino ratio: Return per unit of downside risk	0.49	-0.11	+0.60
Omega ratio: Gain probability vs. loss probability	1.06	0.99	+0.07
Calmar ratio: Return relative to maximum drawdown	0.42	-0.22	+0.64
Martin ratio: Return relative to average drawdown	1.02	-0.40	+1.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

REPIX vs. CNPIX - Sharpe Ratio Comparison

The current REPIX Sharpe Ratio is 0.26, which is higher than the CNPIX Sharpe Ratio of -0.17. The chart below compares the historical Sharpe Ratios of REPIX and CNPIX, 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

	REPIX	CNPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.26	-0.17	+0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	-0.07	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	0.34	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.37	-0.23

Drawdowns

REPIX vs. CNPIX - Drawdown Comparison

The maximum REPIX drawdown since its inception was -91.23%, which is greater than CNPIX's maximum drawdown of -60.04%. Use the drawdown chart below to compare losses from any high point for REPIX and CNPIX.

Drawdown Indicators

	REPIX	CNPIX	Difference
Max Drawdown Largest peak-to-trough decline	-91.23%	-60.04%	-31.19%
Max Drawdown (1Y) Largest decline over 1 year	-12.68%	-14.47%	+1.79%
Max Drawdown (3Y) Largest decline over 3 years	-25.96%	-19.04%	-6.92%
Max Drawdown (5Y) Largest decline over 5 years	-51.35%	-45.40%	-5.95%
Max Drawdown (10Y) Largest decline over 10 years	-58.17%	-46.56%	-11.61%
Current Drawdown Current decline from peak	-26.22%	-28.17%	+1.95%
Average Drawdown Average peak-to-trough decline	-32.31%	-12.95%	-19.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.19%	7.93%	-2.74%

Volatility

REPIX vs. CNPIX - Volatility Comparison

ProFunds Real Estate UltraSector Fund (REPIX) and ProFunds Consumer Goods UltraSector Fund (CNPIX) have volatilities of 5.69% and 5.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REPIX	CNPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.69%	5.97%	-0.28%
Volatility (6M) Calculated over the trailing 6-month period	14.79%	14.72%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	20.31%	18.83%	+1.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.24%	23.71%	+4.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.62%	40.43%	-9.81%

REPIX vs. CNPIX - Expense Ratio Comparison

REPIX has a 1.55% expense ratio, which is lower than CNPIX's 1.78% expense ratio.

Dividends

REPIX vs. CNPIX - Dividend Comparison

REPIX's dividend yield for the trailing twelve months is around 1.06%, more than CNPIX's 0.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CNPIX ProFunds Consumer Goods UltraSector Fund	0.57%	0.60%	1.55%	1.59%	0.00%	1.45%	0.00%	2.77%	1.64%	0.07%	0.00%	0.50%
REPIX ProFunds Real Estate UltraSector Fund	1.06%	1.23%	1.98%	1.43%	3.31%	12.77%	0.89%	2.57%	1.28%	0.00%	3.66%	0.17%

Frequently Asked Questions

Can I hold both REPIX and CNPIX in my portfolio?

REPIX and CNPIX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REPIX or CNPIX?

CNPIX has higher volatility (5.97%) compared to REPIX (5.69%). In terms of maximum drawdown, REPIX dropped -91.23% vs CNPIX's -60.04%.

Which has better risk-adjusted returns?

REPIX currently has the higher Sharpe Ratio (0.26 vs -0.17), 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.