RTPIX vs. BIPIX
RTPIX (ProFunds Rising Rates Opportunity 10 Fund) and BIPIX (ProFunds Biotechnology UltraSector Fund) are both mutual funds - RTPIX is a Inverse Bonds fund managed by ProFunds, while BIPIX is a Leveraged Equities fund managed by ProFunds. Over the past 10 years, RTPIX returned 0.98%/yr vs 8.96%/yr for BIPIX. At a 0.13 correlation, their price movements are largely independent. RTPIX charges 1.78%/yr vs 1.49%/yr for BIPIX.
Performance
RTPIX vs. BIPIX - Performance Comparison
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Returns By Period
In the year-to-date period, RTPIX achieves a 2.48% return, which is significantly lower than BIPIX's 20.18% return. Over the past 10 years, RTPIX has underperformed BIPIX with an annualized return of 0.98%, while BIPIX has yielded a comparatively higher 8.96% annualized return.
RTPIX
- 1D
- -0.34%
- 1M
- -0.89%
- YTD
- 2.48%
- 6M
- 2.38%
- 1Y
- 1.21%
- 3Y*
- 2.33%
- 5Y*
- 4.87%
- 10Y*
- 0.98%
BIPIX
- 1D
- 1.43%
- 1M
- 9.88%
- YTD
- 20.18%
- 6M
- 14.36%
- 1Y
- 111.16%
- 3Y*
- 9.29%
- 5Y*
- 2.18%
- 10Y*
- 8.96%
RTPIX vs. BIPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RTPIX ProFunds Rising Rates Opportunity 10 Fund | 2.48% | -2.23% | 3.81% | 3.77% | 19.50% | 1.22% | -11.86% | -7.09% | 1.07% | -3.06% |
BIPIX ProFunds Biotechnology UltraSector Fund | 20.18% | 47.99% | -25.91% | 9.55% | -13.43% | 5.00% | 19.94% | 23.65% | -12.15% | 34.71% |
Correlation
The correlation between RTPIX and BIPIX is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006 | 0.13 |
The correlation between RTPIX and BIPIX shifts across timeframes, from -0.25 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RTPIX vs. BIPIX — Risk / Return Rank
RTPIX
BIPIX
RTPIX vs. BIPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Rising Rates Opportunity 10 Fund (RTPIX) and ProFunds Biotechnology UltraSector Fund (BIPIX). 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.
| RTPIX | BIPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.58 | ||
| Sortino ratioReturn per unit of downside risk | -3.04 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.40 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | 7.31 | -6.99 |
| Martin ratioReturn relative to average drawdown | 0.61 | 21.37 | -20.76 |
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Drawdowns
RTPIX vs. BIPIX - Drawdown Comparison
The maximum RTPIX drawdown since its inception was -69.27%, smaller than the maximum BIPIX drawdown of -84.51%. Use the drawdown chart below to compare losses from any high point for RTPIX and BIPIX.
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Drawdown Indicators
| RTPIX | BIPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.27% | -84.51% | +15.24% |
Max Drawdown (1Y)Largest decline over 1 year | -3.74% | -15.15% | +11.41% |
Max Drawdown (3Y)Largest decline over 3 years | -9.51% | -59.50% | +49.99% |
Max Drawdown (5Y)Largest decline over 5 years | -9.51% | -63.86% | +54.35% |
Max Drawdown (10Y)Largest decline over 10 years | -23.73% | -63.86% | +40.13% |
Current DrawdownCurrent decline from peak | -58.93% | -3.72% | -55.21% |
Average DrawdownAverage peak-to-trough decline | -51.19% | -37.17% | -14.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 5.18% | -3.19% |
Volatility
RTPIX vs. BIPIX - Volatility Comparison
The current volatility for ProFunds Rising Rates Opportunity 10 Fund (RTPIX) is 1.63%, while ProFunds Biotechnology UltraSector Fund (BIPIX) has a volatility of 15.02%. This indicates that RTPIX experiences smaller price fluctuations and is considered to be less risky than BIPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RTPIX | BIPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 15.02% | -13.39% |
Volatility (6M)Calculated over the trailing 6-month period | 3.79% | 31.47% | -27.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.15% | 39.36% | -34.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.60% | 39.91% | -31.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.50% | 36.47% | -28.97% |
RTPIX vs. BIPIX - Expense Ratio Comparison
RTPIX has a 1.78% expense ratio, which is higher than BIPIX's 1.49% expense ratio.
Dividends
RTPIX vs. BIPIX - Dividend Comparison
RTPIX's dividend yield for the trailing twelve months is around 3.42%, more than BIPIX's 0.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BIPIX ProFunds Biotechnology UltraSector Fund | 0.30% | 0.37% | 0.23% | 6.69% | 0.00% | 0.79% | 12.09% | 3.26% | 5.52% | 7.19% |
RTPIX ProFunds Rising Rates Opportunity 10 Fund | 3.42% | 3.50% | 0.00% | 6.68% | 0.00% | 0.00% | 0.00% | 0.58% | 0.00% | 0.00% |
Frequently Asked Questions
RTPIX and BIPIX have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BIPIX has higher volatility (15.02%) compared to RTPIX (1.63%). In terms of maximum drawdown, RTPIX dropped -69.27% vs BIPIX's -84.51%.
BIPIX currently has the higher Sharpe Ratio (2.82 vs 0.24), 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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