SMPIX vs. GDXY

Last updated Apr 1, 2026

Compare and contrast key facts about ProFunds Semiconductor UltraSector Fund (SMPIX) and YieldMax Gold Miners Option Income Strategy ETF (GDXY).

SMPIX is managed by ProFunds. It was launched on Jun 18, 2000. GDXY is managed by YieldMax. It was launched on May 20, 2024.

Performance

SMPIX vs. GDXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Semiconductor UltraSector Fund (SMPIX) and YieldMax Gold Miners Option Income Strategy ETF (GDXY). The values are adjusted to include any dividend payments, if applicable.

SMPIX vs. GDXY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SMPIX ProFunds Semiconductor UltraSector Fund	-12.60%	56.35%	9.05%
GDXY YieldMax Gold Miners Option Income Strategy ETF	0.12%	88.08%	-11.63%

Returns By Period

In the year-to-date period, SMPIX achieves a -12.60% return, which is significantly lower than GDXY's 0.12% return.

SMPIX

• 1D: -4.03%
• 1M: -13.64%
• YTD: -12.60%
• 6M: -6.76%
• 1Y: 90.38%
• 3Y*: 60.03%
• 5Y*: 35.76%
• 10Y*: 38.18%

GDXY

• 1D: 4.88%
• 1M: -19.63%
• YTD: 0.12%
• 6M: 7.38%
• 1Y: 48.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SMPIX vs. GDXY - Expense Ratio Comparison

SMPIX has a 1.49% expense ratio, which is higher than GDXY's 0.99% expense ratio.

SMPIX

ProFunds Semiconductor UltraSector Fund

GDXY

YieldMax Gold Miners Option Income Strategy ETF

Return for Risk

SMPIX vs. GDXY — Risk / Return Rank

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

SMPIX

SMPIX Risk / Return Rank: 86
SMPIX Sharpe Ratio Rank: 82
SMPIX Sortino Ratio Rank: 84
SMPIX Omega Ratio Rank: 78
SMPIX Calmar Ratio Rank: 96
SMPIX Martin Ratio Rank: 90

GDXY

GDXY Risk / Return Rank: 71
GDXY Sharpe Ratio Rank: 76
GDXY Sortino Ratio Rank: 68
GDXY Omega Ratio Rank: 72
GDXY Calmar Ratio Rank: 72
GDXY Martin Ratio Rank: 69

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.

SMPIX vs. GDXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Semiconductor UltraSector Fund (SMPIX) and YieldMax Gold Miners Option Income Strategy ETF (GDXY). 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.

	SMPIX	GDXY	Difference
Sharpe ratio Return per unit of total volatility	1.52	1.32	+0.20
Sortino ratio Return per unit of downside risk	2.16	1.63	+0.53
Omega ratio Gain probability vs. loss probability	1.30	1.25	+0.04
Calmar ratio Return relative to maximum drawdown	3.61	1.76	+1.85
Martin ratio Return relative to average drawdown	10.32	6.60	+3.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SMPIX vs. GDXY - Sharpe Ratio Comparison

The current SMPIX Sharpe Ratio is 1.52, which is comparable to the GDXY Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of SMPIX and GDXY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SMPIX	GDXY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	1.32	+0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	1.02	-0.95

Correlation

The correlation between SMPIX and GDXY is 0.20, 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.

Dividends

SMPIX vs. GDXY - Dividend Comparison

SMPIX's dividend yield for the trailing twelve months is around 14.89%, less than GDXY's 61.55% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SMPIX ProFunds Semiconductor UltraSector Fund	14.89%	13.02%	0.16%	0.00%	0.00%	6.57%	0.00%	2.26%	40.03%	0.11%	0.45%	0.68%
GDXY YieldMax Gold Miners Option Income Strategy ETF	61.55%	52.13%	23.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SMPIX vs. GDXY - Drawdown Comparison

The maximum SMPIX drawdown since its inception was -94.09%, which is greater than GDXY's maximum drawdown of -28.03%. Use the drawdown chart below to compare losses from any high point for SMPIX and GDXY.

Drawdown Indicators

	SMPIX	GDXY	Difference
Max Drawdown Largest peak-to-trough decline	-94.09%	-28.03%	-66.06%
Max Drawdown (1Y) Largest decline over 1 year	-22.78%	-28.03%	+5.25%
Max Drawdown (5Y) Largest decline over 5 years	-94.09%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-94.09%	—	—
Current Drawdown Current decline from peak	-85.78%	-19.63%	-66.15%
Average Drawdown Average peak-to-trough decline	-57.42%	-5.16%	-52.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.96%	7.48%	+0.48%

Volatility

SMPIX vs. GDXY - Volatility Comparison

The current volatility for ProFunds Semiconductor UltraSector Fund (SMPIX) is 14.41%, while YieldMax Gold Miners Option Income Strategy ETF (GDXY) has a volatility of 16.12%. This indicates that SMPIX experiences smaller price fluctuations and is considered to be less risky than GDXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMPIX	GDXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.41%	16.12%	-1.71%
Volatility (6M) Calculated over the trailing 6-month period	36.10%	31.43%	+4.67%
Volatility (1Y) Calculated over the trailing 1-year period	58.32%	36.74%	+21.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	332.53%	31.11%	+301.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	237.07%	31.11%	+205.96%