UBPIX vs. USPIX
UBPIX (ProFunds UltraLatin America Fund) and USPIX (ProFunds UltraShort NASDAQ-100 Fund) are both mutual funds - UBPIX is a Leveraged Equities fund managed by ProFunds, while USPIX is a Inverse Equities fund managed by ProFunds. Over the past 10 years, UBPIX returned 4.64%/yr vs -38.40%/yr for USPIX. Their -0.52 correlation means they have often moved in opposite directions in the past. UBPIX charges 1.73%/yr vs 1.68%/yr for USPIX.
Performance
UBPIX vs. USPIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UBPIX achieves a 37.71% return, which is significantly higher than USPIX's -21.82% return. Over the past 10 years, UBPIX has outperformed USPIX with an annualized return of 4.64%, while USPIX has yielded a comparatively lower -38.40% annualized return.
UBPIX
- 1D
- 5.36%
- 1M
- 7.90%
- 6M
- 2.89%
- YTD
- 37.71%
- 1Y
- 99.70%
- 3Y*
- 19.81%
- 5Y*
- 15.26%
- 10Y*
- 4.64%
- ALL TIME*
- -9.84%
USPIX
- 1D
- -6.68%
- 1M
- 8.37%
- 6M
- -20.22%
- YTD
- -21.82%
- 1Y
- -35.87%
- 3Y*
- -34.61%
- 5Y*
- -29.64%
- 10Y*
- -38.40%
- ALL TIME*
- -35.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
UBPIX vs. USPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UBPIX ProFunds UltraLatin America Fund | 37.71% | 88.27% | -39.96% | 53.61% | 9.98% | -10.66% | -50.10% | 13.18% | -22.18% | 46.59% |
USPIX ProFunds UltraShort NASDAQ-100 Fund | -21.82% | -35.26% | -38.20% | -57.06% | 61.80% | -46.20% | -70.91% | -50.15% | -9.56% | -44.56% |
Correlation
The correlation between UBPIX and USPIX is -0.46, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.46 |
Correlation (3Y) Balances recent behavior with more history. | -0.43 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.39 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.41 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2007 | -0.52 |
The correlation between UBPIX and USPIX shifts across timeframes, from -0.52 (all time) to -0.39 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UBPIX vs. USPIX — Risk / Return Rank
UBPIX
USPIX
UBPIX vs. USPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraLatin America Fund (UBPIX) and ProFunds UltraShort NASDAQ-100 Fund (USPIX). 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 | USPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.21 | ||
| Sortino ratioReturn per unit of downside risk | +3.94 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.87 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 4.04 | -0.73 | +4.77 |
| Martin ratioReturn relative to average drawdown | 9.75 | -1.33 | +11.08 |
Loading charts...
Drawdowns
UBPIX vs. USPIX - Drawdown Comparison
The maximum UBPIX drawdown since its inception was -98.57%, roughly equal to the maximum USPIX drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for UBPIX and USPIX.
Loading charts...
Drawdown Indicators
| UBPIX | USPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.57% | -100.00% | +1.43% |
Max Drawdown (1Y)Largest decline over 1 year | -24.09% | -45.06% | +20.97% |
Max Drawdown (3Y)Largest decline over 3 years | -44.74% | -80.96% | +36.22% |
Max Drawdown (5Y)Largest decline over 5 years | -49.18% | -89.53% | +40.35% |
Max Drawdown (10Y)Largest decline over 10 years | -89.02% | -99.34% | +10.32% |
Current DrawdownCurrent decline from peak | -89.86% | -100.00% | +10.14% |
Average DrawdownAverage peak-to-trough decline | -84.73% | -96.44% | +11.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.97% | 24.54% | -14.57% |
Volatility
UBPIX vs. USPIX - Volatility Comparison
The current volatility for ProFunds UltraLatin America Fund (UBPIX) is 10.38%, while ProFunds UltraShort NASDAQ-100 Fund (USPIX) has a volatility of 13.82%. This indicates that UBPIX experiences smaller price fluctuations and is considered to be less risky than USPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UBPIX | USPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.38% | 13.82% | -3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 33.17% | 31.92% | +1.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.29% | 38.65% | +2.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.70% | 46.17% | -0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.63% | 44.75% | +10.88% |
UBPIX vs. USPIX - Expense Ratio Comparison
UBPIX has a 1.73% expense ratio, which is higher than USPIX's 1.68% expense ratio.
Dividends
UBPIX vs. USPIX - Dividend Comparison
UBPIX's dividend yield for the trailing twelve months is around 3.65%, more than USPIX's 3.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UBPIX ProFunds UltraLatin America Fund | 3.65% | 5.03% | 6.94% | 4.32% | 10.96% | 6.00% | 0.53% | 1.28% | 1.58% | 0.22% | 0.32% | 0.43% |
USPIX ProFunds UltraShort NASDAQ-100 Fund | 3.46% | 2.71% | 0.00% | 5.92% | 0.00% | 0.00% | 0.07% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UBPIX and USPIX 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.
USPIX has higher volatility (13.82%) compared to UBPIX (10.38%). In terms of maximum drawdown, UBPIX dropped -98.57% vs USPIX's -100.00%.
UBPIX currently has the higher Sharpe Ratio (2.36 vs -0.85), 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.
Find the right allocation for UBPIX and USPIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer