SOPIX vs. FXAIX
Compare and contrast key facts about ProFunds Short NASDAQ-100 Fund (SOPIX) and Fidelity 500 Index Fund (FXAIX).
SOPIX is managed by ProFunds. It was launched on Apr 30, 2002. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SOPIX or FXAIX.
Correlation
The correlation between SOPIX and FXAIX is -0.90. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
SOPIX vs. FXAIX - Performance Comparison
Key characteristics
SOPIX:
-0.86
FXAIX:
1.87
SOPIX:
-1.21
FXAIX:
2.52
SOPIX:
0.87
FXAIX:
1.34
SOPIX:
-0.16
FXAIX:
2.83
SOPIX:
-1.29
FXAIX:
11.72
SOPIX:
12.21%
FXAIX:
2.04%
SOPIX:
18.41%
FXAIX:
12.76%
SOPIX:
-98.07%
FXAIX:
-33.79%
SOPIX:
-98.06%
FXAIX:
-0.42%
Returns By Period
In the year-to-date period, SOPIX achieves a -4.30% return, which is significantly lower than FXAIX's 4.19% return. Over the past 10 years, SOPIX has underperformed FXAIX with an annualized return of -18.28%, while FXAIX has yielded a comparatively higher 13.09% annualized return.
SOPIX
-4.30%
-1.98%
-9.92%
-16.83%
-19.43%
-18.28%
FXAIX
4.19%
1.25%
10.54%
24.46%
14.70%
13.09%
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SOPIX vs. FXAIX - Expense Ratio Comparison
SOPIX has a 1.78% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
SOPIX vs. FXAIX — Risk-Adjusted Performance Rank
SOPIX
FXAIX
SOPIX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Short NASDAQ-100 Fund (SOPIX) and Fidelity 500 Index Fund (FXAIX). 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.
Dividends
SOPIX vs. FXAIX - Dividend Comparison
SOPIX's dividend yield for the trailing twelve months is around 10.93%, more than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOPIX ProFunds Short NASDAQ-100 Fund | 10.93% | 10.46% | 6.71% | 0.00% | 0.00% | 0.00% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
SOPIX vs. FXAIX - Drawdown Comparison
The maximum SOPIX drawdown since its inception was -98.07%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for SOPIX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
SOPIX vs. FXAIX - Volatility Comparison
ProFunds Short NASDAQ-100 Fund (SOPIX) has a higher volatility of 4.81% compared to Fidelity 500 Index Fund (FXAIX) at 3.00%. This indicates that SOPIX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.