RYEUX vs. BLPIX

Last updated Jun 24, 2026

RYEUX (Rydex Europe 1.25x Strategy Fund) and BLPIX (ProFunds Bull Investor Fund) are both Leveraged Equities funds. Over the past 10 years, RYEUX returned 9.61%/yr vs 13.10%/yr for BLPIX. A 0.78 correlation means they provide meaningful diversification when combined. RYEUX charges 1.69%/yr vs 1.50%/yr for BLPIX.

Performance

RYEUX vs. BLPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Europe 1.25x Strategy Fund (RYEUX) and ProFunds Bull Investor Fund (BLPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYEUX achieves a 7.91% return, which is significantly lower than BLPIX's 8.89% return. Over the past 10 years, RYEUX has underperformed BLPIX with an annualized return of 9.61%, while BLPIX has yielded a comparatively higher 13.10% annualized return.

RYEUX

• 1D: -0.36%
• 1M: 1.82%
• YTD: 7.91%
• 6M: 7.33%
• 1Y: 22.08%
• 3Y*: 13.73%
• 5Y*: 8.65%
• 10Y*: 9.61%

BLPIX

• 1D: -0.38%
• 1M: -0.03%
• YTD: 8.89%
• 6M: 7.85%
• 1Y: 23.32%
• 3Y*: 18.19%
• 5Y*: 10.46%
• 10Y*: 13.10%

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

RYEUX vs. BLPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYEUX Rydex Europe 1.25x Strategy Fund	7.91%	32.95%	-2.61%	19.53%	-12.87%	18.73%	0.35%	29.80%	-18.72%	28.14%
BLPIX ProFunds Bull Investor Fund	8.89%	15.01%	20.24%	24.13%	-19.81%	23.73%	16.04%	28.97%	-6.09%	19.51%

Correlation

The correlation between RYEUX and BLPIX is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (10Y) Calculated over the trailing 10-year period	0.72
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001	0.78

The correlation between RYEUX and BLPIX shifts across timeframes, from 0.66 (3 years) to 0.78 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RYEUX vs. BLPIX — Risk / Return Rank

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

RYEUX

RYEUX Risk / Return Rank: 21
RYEUX Sharpe Ratio Rank: 20
RYEUX Sortino Ratio Rank: 21
RYEUX Omega Ratio Rank: 19
RYEUX Calmar Ratio Rank: 21
RYEUX Martin Ratio Rank: 23

BLPIX

BLPIX Risk / Return Rank: 54
BLPIX Sharpe Ratio Rank: 52
BLPIX Sortino Ratio Rank: 48
BLPIX Omega Ratio Rank: 50
BLPIX Calmar Ratio Rank: 53
BLPIX Martin Ratio Rank: 65

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.

RYEUX vs. BLPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Europe 1.25x Strategy Fund (RYEUX) and ProFunds Bull Investor Fund (BLPIX). 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.

	RYEUX	BLPIX	Difference
Sharpe ratio: Return per unit of total volatility	1.18	1.97	-0.79
Sortino ratio: Return per unit of downside risk	1.74	2.68	-0.94
Omega ratio: Gain probability vs. loss probability	1.21	1.36	-0.15
Calmar ratio: Return relative to maximum drawdown	1.55	2.67	-1.12
Martin ratio: Return relative to average drawdown	5.17	11.88	-6.71

RYEUX vs. BLPIX - Sharpe Ratio Comparison

The current RYEUX Sharpe Ratio is 1.18, which is lower than the BLPIX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of RYEUX and BLPIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RYEUX vs. BLPIX - Drawdown Comparison

The maximum RYEUX drawdown since its inception was -76.19%, which is greater than BLPIX's maximum drawdown of -57.98%. Use the drawdown chart below to compare losses from any high point for RYEUX and BLPIX.

Drawdown Indicators

	RYEUX	BLPIX	Difference
Max Drawdown Largest peak-to-trough decline	-76.19%	-57.98%	-18.21%
Max Drawdown (1Y) Largest decline over 1 year	-15.24%	-9.21%	-6.03%
Max Drawdown (3Y) Largest decline over 3 years	-18.54%	-18.98%	+0.44%
Max Drawdown (5Y) Largest decline over 5 years	-33.39%	-26.11%	-7.28%
Max Drawdown (10Y) Largest decline over 10 years	-42.08%	-33.93%	-8.15%
Current Drawdown Current decline from peak	-2.49%	-1.80%	-0.69%
Average Drawdown Average peak-to-trough decline	-37.26%	-13.85%	-23.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.56%	2.07%	+2.49%

Volatility

RYEUX vs. BLPIX - Volatility Comparison

Rydex Europe 1.25x Strategy Fund (RYEUX) has a higher volatility of 5.88% compared to ProFunds Bull Investor Fund (BLPIX) at 4.66%. This indicates that RYEUX's price experiences larger fluctuations and is considered to be riskier than BLPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYEUX	BLPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.88%	4.66%	+1.22%
Volatility (6M) Calculated over the trailing 6-month period	16.97%	9.84%	+7.13%
Volatility (1Y) Calculated over the trailing 1-year period	20.08%	12.50%	+7.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.11%	17.03%	+4.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.53%	17.79%	+4.74%

RYEUX vs. BLPIX - Expense Ratio Comparison

RYEUX has a 1.69% expense ratio, which is higher than BLPIX's 1.50% expense ratio.

Dividends

RYEUX vs. BLPIX - Dividend Comparison

RYEUX's dividend yield for the trailing twelve months is around 5.52%, more than BLPIX's 1.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BLPIX ProFunds Bull Investor Fund	1.45%	1.58%	0.00%	0.03%	0.98%	6.68%	5.79%	1.64%	0.62%	0.00%	0.00%	0.00%
RYEUX Rydex Europe 1.25x Strategy Fund	5.52%	5.95%	12.32%	0.67%	0.00%	0.00%	5.03%	0.46%	8.58%	0.25%	0.91%	0.15%

Frequently Asked Questions

Can I hold both RYEUX and BLPIX in my portfolio?

RYEUX and BLPIX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYEUX or BLPIX?

RYEUX has higher volatility (5.88%) compared to BLPIX (4.66%). In terms of maximum drawdown, RYEUX dropped -76.19% vs BLPIX's -57.98%.

Which has better risk-adjusted returns?

BLPIX currently has the higher Sharpe Ratio (1.97 vs 1.18), 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.