UBPIX vs. DXKLX

Last updated Jul 14, 2026

UBPIX (ProFunds UltraLatin America Fund) and DXKLX (Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund) are both mutual funds - UBPIX is a Leveraged Equities fund managed by ProFunds, while DXKLX is a Leveraged Bonds fund managed by Direxion. Over the past 10 years, UBPIX returned 4.58%/yr vs -3.55%/yr for DXKLX. At a correlation of -0.19, they often move in opposite directions. UBPIX charges 1.73%/yr vs 1.35%/yr for DXKLX.

Performance

UBPIX vs. DXKLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds UltraLatin America Fund (UBPIX) and Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund (DXKLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UBPIX achieves a 34.38% return, which is significantly higher than DXKLX's -4.60% return. Over the past 10 years, UBPIX has outperformed DXKLX with an annualized return of 4.58%, while DXKLX has yielded a comparatively lower -3.55% annualized return.

UBPIX

• 1D: 4.02%
• 1M: -3.18%
• 6M: 24.05%
• YTD: 34.38%
• 1Y: 89.12%
• 3Y*: 22.60%
• 5Y*: 13.81%
• 10Y*: 4.58%

DXKLX

• 1D: -0.20%
• 1M: -0.97%
• 6M: -4.49%
• YTD: -4.60%
• 1Y: -0.82%
• 3Y*: -1.19%
• 5Y*: -8.35%
• 10Y*: -3.55%

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

UBPIX vs. DXKLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UBPIX ProFunds UltraLatin America Fund	34.38%	88.27%	-39.96%	53.61%	9.98%	-10.66%	-50.10%	13.18%	-22.18%	46.59%
DXKLX Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund	-4.60%	7.74%	-7.56%	-0.43%	-29.87%	-8.83%	16.79%	11.77%	-1.10%	2.73%

Correlation

The correlation between UBPIX and DXKLX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (10Y) Calculated over the trailing 10-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Oct 16, 2007	-0.19

The correlation between UBPIX and DXKLX shifts across timeframes, from -0.19 (all time) to 0.18 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

UBPIX vs. DXKLX — Risk / Return Rank

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

UBPIX

UBPIX Risk / Return Rank: 74
UBPIX Sharpe Ratio Rank: 82
UBPIX Sortino Ratio Rank: 68
UBPIX Omega Ratio Rank: 65
UBPIX Calmar Ratio Rank: 90
UBPIX Martin Ratio Rank: 64

DXKLX

DXKLX Risk / Return Rank: 2
DXKLX Sharpe Ratio Rank: 2
DXKLX Sortino Ratio Rank: 2
DXKLX Omega Ratio Rank: 2
DXKLX Calmar Ratio Rank: 2
DXKLX Martin Ratio Rank: 2

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.

UBPIX vs. DXKLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraLatin America Fund (UBPIX) and Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund (DXKLX). 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.

	UBPIX	DXKLX	Difference
Sharpe ratio: Return per unit of total volatility	2.14	-0.20	+2.34
Sortino ratio: Return per unit of downside risk	2.59	-0.23	+2.82
Omega ratio: Gain probability vs. loss probability	1.33	0.97	+0.36
Calmar ratio: Return relative to maximum drawdown	3.65	-0.20	+3.85
Martin ratio: Return relative to average drawdown	9.67	-0.48	+10.15

UBPIX vs. DXKLX - Sharpe Ratio Comparison

The current UBPIX Sharpe Ratio is 2.14, which is higher than the DXKLX Sharpe Ratio of -0.20. The chart below compares the historical Sharpe Ratios of UBPIX and DXKLX, 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

UBPIX vs. DXKLX - Drawdown Comparison

The maximum UBPIX drawdown since its inception was -98.57%, which is greater than DXKLX's maximum drawdown of -47.64%. Use the drawdown chart below to compare losses from any high point for UBPIX and DXKLX.

Drawdown Indicators

	UBPIX	DXKLX	Difference
Max Drawdown Largest peak-to-trough decline	-98.57%	-47.64%	-50.93%
Max Drawdown (1Y) Largest decline over 1 year	-24.09%	-8.26%	-15.83%
Max Drawdown (3Y) Largest decline over 3 years	-44.74%	-14.57%	-30.17%
Max Drawdown (5Y) Largest decline over 5 years	-49.18%	-42.57%	-6.61%
Max Drawdown (10Y) Largest decline over 10 years	-89.02%	-47.64%	-41.38%
Current Drawdown Current decline from peak	-90.11%	-42.76%	-47.35%
Average Drawdown Average peak-to-trough decline	-84.71%	-15.15%	-69.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.08%	3.50%	+5.58%

Volatility

UBPIX vs. DXKLX - Volatility Comparison

ProFunds UltraLatin America Fund (UBPIX) has a higher volatility of 11.40% compared to Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund (DXKLX) at 2.76%. This indicates that UBPIX's price experiences larger fluctuations and is considered to be riskier than DXKLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UBPIX	DXKLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.40%	2.76%	+8.64%
Volatility (6M) Calculated over the trailing 6-month period	33.86%	6.31%	+27.55%
Volatility (1Y) Calculated over the trailing 1-year period	41.11%	8.26%	+32.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.98%	14.00%	+31.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.63%	12.41%	+43.22%

UBPIX vs. DXKLX - Expense Ratio Comparison

UBPIX has a 1.73% expense ratio, which is higher than DXKLX's 1.35% expense ratio.

Dividends

UBPIX vs. DXKLX - Dividend Comparison

UBPIX's dividend yield for the trailing twelve months is around 3.75%, more than DXKLX's 1.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DXKLX Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund	1.79%	13.38%	1.11%	0.00%	0.00%	0.00%	4.39%	7.54%	0.00%	0.00%	0.00%	0.00%
UBPIX ProFunds UltraLatin America Fund	3.75%	5.03%	6.94%	4.32%	10.96%	6.00%	0.53%	1.28%	1.58%	0.22%	0.32%	0.43%

Frequently Asked Questions

Can I hold both UBPIX and DXKLX in my portfolio?

UBPIX and DXKLX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UBPIX or DXKLX?

UBPIX has higher volatility (11.40%) compared to DXKLX (2.76%). In terms of maximum drawdown, UBPIX dropped -98.57% vs DXKLX's -47.64%.

Which has better risk-adjusted returns?

UBPIX currently has the higher Sharpe Ratio (2.14 vs -0.20), 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.