SOPIX vs. VOO
Compare and contrast key facts about ProFunds Short NASDAQ-100 Fund (SOPIX) and Vanguard S&P 500 ETF (VOO).
SOPIX is managed by ProFunds. It was launched on Apr 30, 2002. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SOPIX or VOO.
Correlation
The correlation between SOPIX and VOO is -0.89. 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. VOO - Performance Comparison
Key characteristics
SOPIX:
-0.86
VOO:
1.89
SOPIX:
-1.21
VOO:
2.54
SOPIX:
0.87
VOO:
1.35
SOPIX:
-0.16
VOO:
2.83
SOPIX:
-1.29
VOO:
11.83
SOPIX:
12.21%
VOO:
2.02%
SOPIX:
18.41%
VOO:
12.66%
SOPIX:
-98.07%
VOO:
-33.99%
SOPIX:
-98.06%
VOO:
-0.42%
Returns By Period
In the year-to-date period, SOPIX achieves a -4.30% return, which is significantly lower than VOO's 4.17% return. Over the past 10 years, SOPIX has underperformed VOO with an annualized return of -18.28%, while VOO has yielded a comparatively higher 13.26% annualized return.
SOPIX
-4.30%
-1.98%
-9.92%
-16.83%
-19.43%
-18.28%
VOO
4.17%
1.23%
10.51%
24.45%
14.68%
13.26%
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SOPIX vs. VOO - Expense Ratio Comparison
SOPIX has a 1.78% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
SOPIX vs. VOO — Risk-Adjusted Performance Rank
SOPIX
VOO
SOPIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Short NASDAQ-100 Fund (SOPIX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
SOPIX's dividend yield for the trailing twelve months is around 10.93%, more than VOO's 1.19% 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% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
SOPIX vs. VOO - Drawdown Comparison
The maximum SOPIX drawdown since its inception was -98.07%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SOPIX and VOO. For additional features, visit the drawdowns tool.
Volatility
SOPIX vs. VOO - Volatility Comparison
ProFunds Short NASDAQ-100 Fund (SOPIX) has a higher volatility of 4.81% compared to Vanguard S&P 500 ETF (VOO) at 2.94%. This indicates that SOPIX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.