TEPIX vs. BTCFX

Last updated Jun 4, 2026

TEPIX (ProFunds Technology UltraSector Fund) and BTCFX (Bitcoin ProFund Investor) are both mutual funds - TEPIX is a Leveraged Equities fund managed by ProFunds, while BTCFX is a Cryptocurrency fund managed by ProFunds. Over the past 3 years, TEPIX returned 41.60%/yr vs 25.47%/yr for BTCFX. At a 0.40 correlation, their price movements are largely independent. TEPIX charges 1.48%/yr vs 1.41%/yr for BTCFX.

Performance

TEPIX vs. BTCFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Technology UltraSector Fund (TEPIX) and Bitcoin ProFund Investor (BTCFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEPIX achieves a 57.79% return, which is significantly higher than BTCFX's -24.39% return.

TEPIX

• 1D: 1.85%
• 1M: 34.64%
• YTD: 57.79%
• 6M: 56.06%
• 1Y: 107.82%
• 3Y*: 41.60%
• 5Y*: 23.82%
• 10Y*: 31.22%

BTCFX

• 1D: -6.10%
• 1M: -16.39%
• YTD: -24.39%
• 6M: -29.06%
• 1Y: -39.91%
• 3Y*: 25.47%
• 5Y*: —
• 10Y*: —

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

TEPIX vs. BTCFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TEPIX ProFunds Technology UltraSector Fund	57.79%	30.08%	14.17%	91.81%	-51.01%	8.59%
BTCFX Bitcoin ProFund Investor	-24.39%	-11.83%	102.93%	133.31%	-64.04%	-3.69%

Correlation

The correlation between TEPIX and BTCFX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since Aug 10, 2021	0.40

The correlation between TEPIX and BTCFX shifts across timeframes, from 0.31 (3 years) to 0.46 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

TEPIX vs. BTCFX — Risk / Return Rank

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

TEPIX

TEPIX Risk / Return Rank: 85
TEPIX Sharpe Ratio Rank: 97
TEPIX Sortino Ratio Rank: 83
TEPIX Omega Ratio Rank: 79
TEPIX Calmar Ratio Rank: 90
TEPIX Martin Ratio Rank: 77

BTCFX

BTCFX Risk / Return Rank: 1
BTCFX Sharpe Ratio Rank: 1
BTCFX Sortino Ratio Rank: 1
BTCFX Omega Ratio Rank: 1
BTCFX Calmar Ratio Rank: 0
BTCFX Martin Ratio Rank: 1

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.

TEPIX vs. BTCFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Technology UltraSector Fund (TEPIX) and Bitcoin ProFund Investor (BTCFX). 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.

	TEPIX	BTCFX	Difference
Sharpe ratio: Return per unit of total volatility	3.60	-0.89	+4.49
Sortino ratio: Return per unit of downside risk	3.91	-1.22	+5.13
Omega ratio: Gain probability vs. loss probability	1.52	0.86	+0.65
Calmar ratio: Return relative to maximum drawdown	4.59	-0.77	+5.36
Martin ratio: Return relative to average drawdown	14.58	-1.33	+15.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TEPIX vs. BTCFX - Sharpe Ratio Comparison

The current TEPIX Sharpe Ratio is 3.60, which is higher than the BTCFX Sharpe Ratio of -0.89. The chart below compares the historical Sharpe Ratios of TEPIX and BTCFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TEPIX	BTCFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.60	-0.89	+4.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.03	+0.12

Drawdowns

TEPIX vs. BTCFX - Drawdown Comparison

The maximum TEPIX drawdown since its inception was -89.14%, which is greater than BTCFX's maximum drawdown of -77.89%. Use the drawdown chart below to compare losses from any high point for TEPIX and BTCFX.

Drawdown Indicators

	TEPIX	BTCFX	Difference
Max Drawdown Largest peak-to-trough decline	-89.14%	-77.89%	-11.25%
Max Drawdown (1Y) Largest decline over 1 year	-24.64%	-50.35%	+25.71%
Max Drawdown (3Y) Largest decline over 3 years	-84.97%	-50.35%	-34.62%
Max Drawdown (5Y) Largest decline over 5 years	-84.97%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-84.97%	—	—
Current Drawdown Current decline from peak	-53.64%	-48.15%	-5.49%
Average Drawdown Average peak-to-trough decline	-49.79%	-35.94%	-13.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.73%	29.17%	-21.44%

Volatility

TEPIX vs. BTCFX - Volatility Comparison

ProFunds Technology UltraSector Fund (TEPIX) and Bitcoin ProFund Investor (BTCFX) have volatilities of 10.15% and 9.82%, 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

	TEPIX	BTCFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.15%	9.82%	+0.33%
Volatility (6M) Calculated over the trailing 6-month period	25.07%	35.00%	-9.93%
Volatility (1Y) Calculated over the trailing 1-year period	31.37%	43.90%	-12.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.10%	55.42%	+89.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	105.51%	55.42%	+50.09%

TEPIX vs. BTCFX - Expense Ratio Comparison

TEPIX has a 1.48% expense ratio, which is higher than BTCFX's 1.41% expense ratio.

Dividends

TEPIX vs. BTCFX - Dividend Comparison

TEPIX's dividend yield for the trailing twelve months is around 2.04%, less than BTCFX's 37.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BTCFX Bitcoin ProFund Investor	37.01%	44.62%	24.28%	10.95%	0.00%	0.00%	0.00%	0.00%	0.00%
TEPIX ProFunds Technology UltraSector Fund	2.04%	3.22%	0.00%	0.37%	0.00%	0.90%	2.31%	0.00%	0.23%

Frequently Asked Questions

Can I hold both TEPIX and BTCFX in my portfolio?

TEPIX and BTCFX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TEPIX or BTCFX?

TEPIX has higher volatility (10.15%) compared to BTCFX (9.82%). In terms of maximum drawdown, TEPIX dropped -89.14% vs BTCFX's -77.89%.

Which has better risk-adjusted returns?

TEPIX currently has the higher Sharpe Ratio (3.60 vs -0.89), 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.