SVPIX vs. BLPIX

Last updated Jun 24, 2026

SVPIX (ProFunds Small Cap Value Fund) and BLPIX (ProFunds Bull Investor Fund) are both mutual funds - SVPIX is a Small Cap Value Equities fund managed by ProFunds, while BLPIX is a Leveraged Equities fund managed by ProFunds. Over the past 10 years, SVPIX returned 8.59%/yr vs 13.10%/yr for BLPIX. Their correlation of 0.82 suggests significant overlap in exposure. SVPIX charges 1.61%/yr vs 1.50%/yr for BLPIX.

Performance

SVPIX vs. BLPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Small Cap Value Fund (SVPIX) 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, SVPIX achieves a 16.29% return, which is significantly higher than BLPIX's 8.89% return. Over the past 10 years, SVPIX has underperformed BLPIX with an annualized return of 8.59%, while BLPIX has yielded a comparatively higher 13.10% annualized return.

SVPIX

• 1D: -0.25%
• 1M: 3.02%
• YTD: 16.29%
• 6M: 14.92%
• 1Y: 34.87%
• 3Y*: 12.85%
• 5Y*: 4.35%
• 10Y*: 8.59%

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)

SVPIX vs. BLPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SVPIX ProFunds Small Cap Value Fund	16.29%	4.52%	4.54%	12.43%	-12.84%	28.86%	1.05%	22.26%	-14.02%	9.52%
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 SVPIX and BLPIX is 0.68, 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	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jan 2, 2002	0.82

The correlation between SVPIX and BLPIX shifts across timeframes, from 0.68 (1 year) to 0.82 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SVPIX vs. BLPIX — Risk / Return Rank

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

SVPIX

SVPIX Risk / Return Rank: 62
SVPIX Sharpe Ratio Rank: 53
SVPIX Sortino Ratio Rank: 56
SVPIX Omega Ratio Rank: 46
SVPIX Calmar Ratio Rank: 85
SVPIX Martin Ratio Rank: 69

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.

SVPIX vs. BLPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Small Cap Value Fund (SVPIX) 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.

	SVPIX	BLPIX	Difference
Sharpe ratio: Return per unit of total volatility	2.00	1.97	+0.02
Sortino ratio: Return per unit of downside risk	2.87	2.68	+0.19
Omega ratio: Gain probability vs. loss probability	1.34	1.36	-0.02
Calmar ratio: Return relative to maximum drawdown	3.83	2.67	+1.16
Martin ratio: Return relative to average drawdown	12.55	11.88	+0.66

SVPIX vs. BLPIX - Sharpe Ratio Comparison

The current SVPIX Sharpe Ratio is 2.00, which is comparable to the BLPIX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of SVPIX 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

SVPIX vs. BLPIX - Drawdown Comparison

The maximum SVPIX drawdown since its inception was -60.67%, roughly equal to the maximum BLPIX drawdown of -57.98%. Use the drawdown chart below to compare losses from any high point for SVPIX and BLPIX.

Drawdown Indicators

	SVPIX	BLPIX	Difference
Max Drawdown Largest peak-to-trough decline	-60.67%	-57.98%	-2.69%
Max Drawdown (1Y) Largest decline over 1 year	-9.55%	-9.21%	-0.34%
Max Drawdown (3Y) Largest decline over 3 years	-29.67%	-18.98%	-10.69%
Max Drawdown (5Y) Largest decline over 5 years	-29.67%	-26.11%	-3.56%
Max Drawdown (10Y) Largest decline over 10 years	-49.17%	-33.93%	-15.24%
Current Drawdown Current decline from peak	-1.44%	-1.80%	+0.36%
Average Drawdown Average peak-to-trough decline	-11.50%	-13.85%	+2.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	2.07%	+0.84%

Volatility

SVPIX vs. BLPIX - Volatility Comparison

ProFunds Small Cap Value Fund (SVPIX) and ProFunds Bull Investor Fund (BLPIX) have volatilities of 4.78% and 4.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SVPIX	BLPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	4.66%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	11.84%	9.84%	+2.00%
Volatility (1Y) Calculated over the trailing 1-year period	18.37%	12.50%	+5.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.96%	17.03%	+4.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.53%	17.79%	+5.74%

SVPIX vs. BLPIX - Expense Ratio Comparison

SVPIX has a 1.61% expense ratio, which is higher than BLPIX's 1.50% expense ratio.

Dividends

SVPIX vs. BLPIX - Dividend Comparison

SVPIX has not paid dividends to shareholders, while BLPIX's dividend yield for the trailing twelve months is around 1.45%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLPIX ProFunds Bull Investor Fund	1.45%	1.58%	0.00%	0.03%	0.98%	6.68%	5.79%	1.64%	0.62%
SVPIX ProFunds Small Cap Value Fund	0.00%	0.00%	0.00%	0.00%	1.47%	0.18%	0.00%	0.07%	13.10%

Frequently Asked Questions

Can I hold both SVPIX and BLPIX in my portfolio?

SVPIX and BLPIX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SVPIX or BLPIX?

SVPIX has higher volatility (4.78%) compared to BLPIX (4.66%). In terms of maximum drawdown, SVPIX dropped -60.67% vs BLPIX's -57.98%.

Which has better risk-adjusted returns?

SVPIX currently has the higher Sharpe Ratio (2.00 vs 1.97), 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.